In 2023, France led the global export market for maize seed, followed by the United States and Hungary. Hungary saw a robust growth of 3.29% year-on-year, while Myanmar and Uganda also recorded above-average increases. Conversely, Canada, Argentina, and South Africa experienced notable declines. Over the past five years, Brazil, Spain, and India displayed consistent moderate growth, marked by their positive annual average percentage change. Singapore's dramatic increase in exports and Malaysia's significant growth are intriguing, alongside Sweden's sharp export rise.
Future trends to watch include increased maize seed trade from emerging markets such as Bolivia and Burkina Faso, driven by heightened local production capacities. The gradual digitalization of agricultural trade and logistical advancements may also ease export flows. Conversely, geopolitical tensions and climate change impacts pose risks that could disrupt these positive export trends. Tracking these factors will be crucial to understanding upcoming global maize seed trade dynamics.
Top countries in Export of Maize Seed by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 722,330,000 | 2023 | +1.4% | +1.41% | View data |
| 2 | 2 United States | 371,920,000 | 2023 | +1.76% | +1.6% | View data |
| 3 | 3 Hungary | 341,450,000 | 2023 | +3% | +3.29% | View data |
| 4 | 4 Myanmar | 240,560,000 | 2023 | +4.4% | +6.68% | View data |
| 5 | 5 Romania | 204,610,000 | 2023 | +2.52% | +2.91% | View data |
| 6 | 6 Austria | 143,550,000 | 2023 | +2.81% | +3.25% | View data |
| 7 | 7 Uganda | 110,800,000 | 2023 | +4.96% | +4.93% | View data |
| 8 | 8 Mexico | 95,233,000 | 2023 | +3.85% | +4.12% | View data |
| 9 | 9 Brazil | 82,886,000 | 2023 | +2.06% | +1.92% | View data |
| 10 | 10 Germany | 80,795,000 | 2023 | +1.29% | +0.68% | View data |