2022
Exports
$89.2MWorld Rnk 31 / 160
Flag Rnk 348 / 1193
2022
PRODUCT COMPLEXITY IN Corn
-1.16Rnk 869 / 1025
2022
Imports
$5.38BWorld Rnk 2 / 212
Flag Rnk 12 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $89.2M in Corn, making it the 31st largest exporter of Corn in the world. At the same year, Corn was the 348th most exported product in Mexico. The main destination of Corn exports from Mexico are: Guatemala ($25.5M), United States ($13.4M), El Salvador ($13.3M), Peru ($10.1M), and Ecuador ($8.28M).

The fastest growing export markets for Corn of Mexico between 2021 and 2022 were Guatemala ($14.3M), El Salvador ($8.51M), and Honduras ($6.08M).

Imports In 2022, Mexico imported $5.38B in Corn, becoming the 2nd largest importer of Corn in the world. At the same year, Corn was the 12th most imported product in Mexico. Mexico imports Corn primarily from: United States ($4.8B), Brazil ($492M), South Africa ($61.2M), Argentina ($18.2M), and Chile ($4.55M).

The fastest growing import markets in Corn for Mexico between 2021 and 2022 were Brazil ($406M), United States ($142M), and South Africa ($61.2M).

Latest Trends

Nov 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)$89.2M
IMPORTS (2022)$5.38B
NET TRADE (2022)-$5.29B

In 2022, Mexico exported $89.2M in Corn. The main destinations of Mexico exports on Corn were Guatemala ($25.5M), United States ($13.4M), El Salvador ($13.3M), Peru ($10.1M), and Ecuador ($8.28M).

In 2022, Mexico imported $5.38B in Corn, mainly from United States ($4.8B), Brazil ($492M), South Africa ($61.2M), Argentina ($18.2M), and Chile ($4.55M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Corn EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
Guatemala$14.3M (127%)
El Salvador$8.51M (176%)
Honduras$6.08M (1.09k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY Mexico WERE (2021 - 2022):
Venezuela-$6.76M (-100%)
Dominican Republic-$1.27M (-80.8%)
France-$975k (-41%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Corn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.02M
TOP IMPORT POTENTIALBrazil+ $127M

Corn’s highest export potential is United States. With an export gap of $8.02M.   Corn’s highest import potential is Brazil with an import gap of $127M.

See methodology.

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