2023
Exports
$82.9MWorld Rnk 31 / 158
Flag Rnk 309 / 1173
2023
PRODUCT COMPLEXITY IN Corn
-1.03Rnk 838 / 1025
2023
Imports
$2.58BWorld Rnk 4 / 216
Flag Rnk 16 / 1199
2023
ECONOMIC COMPLEXITY of Vietnam
0.067Rnk 60 / 132

About

Exports In 2023, Vietnam exported $82.9M in Corn, making it the 31st largest exporter of Corn in the world. At the same year, Corn was the 309th most exported product in Vietnam. The main destination of Corn exports from Vietnam are: Philippines ($73.7M), Cambodia ($9.02M), United States ($89.9k), United Kingdom ($36.8k), and Australia ($27.8k).

The fastest growing export markets for Corn of Vietnam between 2022 and 2023 were Philippines ($46.5M), Cambodia ($124k), and Czechia ($5.41k).

Imports In 2023, Vietnam imported $2.58B in Corn, becoming the 4th largest importer of Corn in the world. At the same year, Corn was the 16th most imported product in Vietnam. Vietnam imports Corn primarily from: Brazil ($1.13B), Argentina ($838M), India ($338M), Pakistan ($174M), and South Africa ($48.2M).

The fastest growing import markets in Corn for Vietnam between 2022 and 2023 were Brazil ($663M), India ($62.9M), and Pakistan ($35.2M).

COMPANIES In 2024, leading companies such as Chicken of the Sea (1) were at the forefront of shipping Corn from Vietnam to the United States.

Latest Trends

Dec 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 (2023)$82.9M
IMPORTS (2023)$2.58B
NET TRADE (2023)-$2.49B

In 2023, Vietnam exported $82.9M in Corn. The main destinations of Vietnam exports on Corn were Philippines ($73.7M), Cambodia ($9.02M), United States ($89.9k), United Kingdom ($36.8k), and Australia ($27.8k).

In 2023, Vietnam imported $2.58B in Corn, mainly from Brazil ($1.13B), Argentina ($838M), India ($338M), Pakistan ($174M), and South Africa ($48.2M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Corn EXPORT MARKETS FOR Vietnam WERE (2022 - 2023):
Philippines$46.5M (170%)
Cambodia$124k (1.39%)
Czechia$5.41k (205%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY Vietnam WERE (2022 - 2023):
Laos-$2.15M (-100%)
Chinese Taipei-$206k (-97.5%)
United States-$92.2k (-50.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Vietnam's main exporting competitors in Corn were:
In 2023, Vietnam'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 POTENTIALUnited States+ $870k
TOP IMPORT POTENTIALBrazil+ $41M

Corn’s highest export potential is United States. With an export gap of $870k.   Corn’s highest import potential is Brazil with an import gap of $41M.

See methodology.

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