2022
Exports
$38.9MWorld Rnk 43 / 160
Flag Rnk 279 / 1208
2022
PRODUCT COMPLEXITY IN Corn
-1.16Rnk 869 / 1025
2022
Imports
$2.45MWorld Rnk 152 / 212
Flag Rnk 1002 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $38.9M in Corn, making it the 43rd largest exporter of Corn in the world. At the same year, Corn was the 279th most exported product in Australia. The main destination of Corn exports from Australia are: South Korea ($27.6M), United Arab Emirates ($3.77M), New Zealand ($1.89M), Philippines ($1.49M), and Malaysia ($1.15M).

The fastest growing export markets for Corn of Australia between 2021 and 2022 were South Korea ($2.62M), New Zealand ($1.71M), and Philippines ($747k).

Imports In 2022, Australia imported $2.45M in Corn, becoming the 152nd largest importer of Corn in the world. At the same year, Corn was the 1002nd most imported product in Australia. Australia imports Corn primarily from: New Zealand ($1.07M), United States ($927k), Argentina ($299k), Vietnam ($59.7k), and South Africa ($33.4k).

The fastest growing import markets in Corn for Australia between 2021 and 2022 were United States ($453k), Argentina ($54.3k), and France ($29.9k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Corn. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$38.9M
IMPORTS (2022)$2.45M
NET TRADE (2022)$36.5M

In 2022, Australia exported $38.9M in Corn. The main destinations of Australia exports on Corn were South Korea ($27.6M), United Arab Emirates ($3.77M), New Zealand ($1.89M), Philippines ($1.49M), and Malaysia ($1.15M).

In 2022, Australia imported $2.45M in Corn, mainly from New Zealand ($1.07M), United States ($927k), Argentina ($299k), Vietnam ($59.7k), and South Africa ($33.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Corn EXPORT MARKETS FOR Australia WERE (2021 - 2022):
South Korea$2.62M (10.5%)
New Zealand$1.71M (956%)
Philippines$747k (101%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY Australia WERE (2021 - 2022):
Malaysia-$790k (-40.7%)
Japan-$497k (-59.4%)
Egypt-$349k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Corn were:
In 2022, Australia's main importing competitors in Corn were:
China $6.81B
Mexico $5.38B
Japan $5.12B

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Trade Value of Corn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $1.66M
TOP IMPORT POTENTIALUnited States+ $1.04M

Corn’s highest export potential is Japan. With an export gap of $1.66M.   Corn’s highest import potential is United States with an import gap of $1.04M.

See methodology.

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