In 2023, the United States led global corn exports, holding a 31.17% share, followed by Brazil with 23.63%, Argentina with 17.18%, and Ukraine with 17.08%. Emerging exports from countries like Russia and South Africa stood at 1.78% and 1.15% respectively. The remaining countries contributed marginally to global exports, each with less than 0.51%. The annual compound growth rate over the past five years indicates minimal shifts among the top exporters, while smaller players show negligible impact on the overall market share.
Future trends to watch include the impact of geopolitical tensions that could affect Ukraine's position, Brazil's capacity to increase production sustainably, and technological advancements in farming practices that might shift market dynamics. Climate change will also play a pivotal role, potentially altering production patterns and influencing global corn trade.
Top countries in Corn Export, Forecast 2021-2030 Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 United States | 31.17 | 2030 | View data |
| 2 | 2 Brazil | 23.63 | 2030 | View data |
| 3 | 3 Argentina | 17.18 | 2030 | View data |
| 4 | 4 Ukraine | 17.08 | 2030 | View data |
| 5 | 5 Russia | 1.78 | 2030 | View data |
| 6 | 6 South Africa | 1.15 | 2030 | View data |
| 7 | 7 Mexico | 0.51 | 2030 | View data |
| 8 | 8 Canada | 0.5 | 2030 | View data |
| 9 | 9 Vietnam | 0.25 | 2030 | View data |
| 10 | 10 India | 0.2 | 2030 | View data |
