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2022
Exports $19.3BWorld Rnk 1 / 160
Flag Rnk 20 / 1217
2022
Destination $650M China
2021 - 2022
FASTEST GROWING MARKET $650MCanada
2022
PRODUCT COMPLEXITY IN Corn-1.16Rnk 869 / 1025
2022
Imports $271MWorld Rnk 42 / 212
Flag Rnk 694 / 1216
2022
Origin $11.3M Canada
2021 - 2022
FASTEST GROWING ORIGIN $11.3MRomania
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $19.3B in Corn, making it the 1st largest exporter of Corn in the world. At the same year, Corn was the 20th most exported product in United States. The main destination of Corn exports from United States are: China ($5.26B), Mexico ($4.8B), Japan ($3.26B), Canada ($1.46B), and Colombia ($1.04B).

The fastest growing export markets for Corn of United States between 2021 and 2022 were Canada ($650M), Spain ($172M), and Mexico ($142M).

Imports In 2022, United States imported $271M in Corn, becoming the 42nd largest importer of Corn in the world. At the same year, Corn was the 694th most imported product in United States. United States imports Corn primarily from: Canada ($129M), Chile ($37.5M), Brazil ($35.4M), Argentina ($32.4M), and Mexico ($13.4M).

The fastest growing import markets in Corn for United States between 2021 and 2022 were Romania ($11.3M), Brazil ($4.7M), and Mexico ($3.16M).

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

September 2024

About

Overview In September 2024 United States' Corn exports accounted up to $910M and imports accounted up to $17.6M, resulting in a positive trade balance of $892M. Between September 2023 and September 2024 the exports of United States'   Corn have increased by $121M (15.4%) from $789M to $910M, while imports decreased by $-5.11M (-22.5%) from $22.7M to $17.6M.

Destinations In September 2024, Corn were exported mostly to Mexico ($497M), Colombia ($141M), Japan ($98M), Spain ($47.5M), and Canada ($31.8M), and were imported mostly from Canada ($6.42M), Argentina ($5.86M), Brazil ($3.37M), Peru ($1.02M), and Mexico ($713k).

Growth In September 2024, the increase in Corn's year-by-year exports was explained primarily by an increase in exports to Mexico ($81.7M or 19.4%), El Salvador ($16.2M or 127%), and Guatemala ($9.7M or 32.3%). In September 2024, the decrease in Corn's year-by-year imports was explained primarily by a decrease in imports from Canada ($-5.68M or -22.6%), Chile ($-303k or -52.8%), and Peru ($-67.8k or -18.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$121M(15.4%)
IMPORT GROWTH (September 2023 - September 2024)$-5.11M(-22.5%)
MAIN EXPORTER (September 2024)Louisiana$524M
MAIN DESTINATION (September 2024)Mexico$497M

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 (2022)$19.3B
IMPORTS (2022)$271M
NET TRADE (2022)$19B

In 2022, United States exported $19.3B in Corn. The main destinations of United States exports on Corn were China ($5.26B), Mexico ($4.8B), Japan ($3.26B), Canada ($1.46B), and Colombia ($1.04B).

In 2022, United States imported $271M in Corn, mainly from Canada ($129M), Chile ($37.5M), Brazil ($35.4M), Argentina ($32.4M), and Mexico ($13.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Corn EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$650M (80.7%)
Spain$172M (75.6k%)
Mexico$142M (3.05%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY United States WERE (2021 - 2022):
South Korea-$308M (-36%)
Chinese Taipei-$169M (-37.9%)
Vietnam-$131M (-98.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Corn were:
Brazil $12.4B
Argentina $9.79B
In 2022, United States'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 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.

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