2023
Exports
$14.4BWorld Rnk 2 / 158
Flag Rnk 23 / 1217
2023
PRODUCT COMPLEXITY IN Corn
-1.03Rnk 838 / 1025
2023
Imports
$424MWorld Rnk 28 / 216
Flag Rnk 565 / 1215
2023
ECONOMIC COMPLEXITY of United States
1.5Rnk 10 / 132

About

Exports In 2023, United States exported $14.4B in Corn, making it the 2nd largest exporter of Corn in the world. At the same year, Corn was the 23rd most exported product in United States. The main destination of Corn exports from United States are: Mexico ($5.27B), Japan ($2.32B), China ($2.22B), Colombia ($1.11B), and Canada ($887M).

The fastest growing export markets for Corn of United States between 2022 and 2023 were Mexico ($925M), Peru ($35M), and Argentina ($34.1M).

Imports In 2023, United States imported $424M in Corn, becoming the 28th largest importer of Corn in the world. At the same year, Corn was the 565th most imported product in United States. United States imports Corn primarily from: Canada ($238M), Chile ($54M), Argentina ($45.4M), Brazil ($33M), and Turkey ($17.1M).

The fastest growing import markets in Corn for United States between 2022 and 2023 were Canada ($109M), Turkey ($16.6M), and Argentina ($12.9M).

COMPANIES In 2023, leading companies such as Goya Foods (14), Conair (13), and Amazon (12) were at the forefront of shipping Corn to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$155M(16.5%)
IMPORT GROWTH (November 2023 - November 2024)$636k(3.37%)
MAIN EXPORTER (November 2024)Louisiana$524M
MAIN DESTINATION (November 2024)Mexico$505M

This section shows Corn's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Corn over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$14.4B
IMPORTS (2023)$424M
NET TRADE (2023)$14B

In 2023, United States exported $14.4B in Corn. The main destinations of United States exports on Corn were Mexico ($5.27B), Japan ($2.32B), China ($2.22B), Colombia ($1.11B), and Canada ($887M).

In 2023, United States imported $424M in Corn, mainly from Canada ($238M), Chile ($54M), Argentina ($45.4M), Brazil ($33M), and Turkey ($17.1M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Corn EXPORT MARKETS FOR United States WERE (2022 - 2023):
Mexico$925M (21.3%)
Peru$35M (117%)
Argentina$34.1M (103%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY United States WERE (2022 - 2023):
China-$3.06B (-58%)
Japan-$1.36B (-37%)
Canada-$559M (-38.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Corn were:
In 2023, United States's main importing competitors in Corn were:
China $7.56B
Japan $4.52B

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Trade Value of Corn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $144M
TOP IMPORT POTENTIALBrazil+ $39.3M

Corn’s highest export potential is Canada. With an export gap of $144M.   Corn’s highest import potential is Brazil with an import gap of $39.3M.

See methodology.

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