The Top 10 Corn Exporting Countries in the World
Corn is one of the most widely produced and consumed crops globally, with a significant portion of it being exported to other countries. In this report, we will delve into the top 10 corn exporting countries in the world, exploring their production volumes, market share, and key players in the industry.
1. United States
The United States is the largest corn exporter in the world, accounting for a significant portion of global corn trade. With its vast agricultural lands and advanced farming techniques, the US produces a substantial amount of corn each year. Major companies like Cargill, ADM, and Bunge play a crucial role in the country’s corn export market.
In 2020, the US exported over 50 million metric tons of corn, valued at approximately $9 billion. The country’s dominance in the global corn market is expected to continue in the coming years.
2. Brazil
Brazil is another major player in the global corn export market, with its fertile lands and favorable climate for corn cultivation. The country has been steadily increasing its corn production and export volumes in recent years. Companies like BRF and JBS are key players in Brazil’s corn export industry.
In 2020, Brazil exported around 35 million metric tons of corn, generating revenue of over $6 billion. The country’s corn exports are expected to grow further as it expands its agricultural footprint.
3. Argentina
Argentina is also a significant corn exporter, known for its high-quality corn and competitive prices. The country’s corn industry is supported by companies like Molinos Rio de la Plata and AGD. In 2020, Argentina exported over 30 million metric tons of corn, with a total export value of $5 billion.
4. Ukraine
Ukraine has emerged as a major player in the global corn market, thanks to its extensive corn cultivation and export capabilities. The country’s corn industry is supported by companies like Kernel and Nibulon. In 2020, Ukraine exported around 30 million metric tons of corn, generating revenue of over $4 billion.
5. Russia
Russia has also become a significant corn exporter in recent years, capitalizing on its vast agricultural lands and increasing corn production. Companies like Rusagro and Miratorg are key players in Russia’s corn export market. In 2020, Russia exported over 20 million metric tons of corn, with a total export value exceeding $3 billion.
6. France
France is a major corn exporter in Europe, known for its high-quality corn products and sustainable farming practices. The country’s corn industry is supported by companies like Groupe Soufflet and Axereal. In 2020, France exported around 10 million metric tons of corn, with a total export value of $2 billion.
7. Hungary
Hungary is another significant corn exporter in Europe, with a strong agricultural sector and modern farming techniques. Companies like Bonafarm Group and Hungrana play a key role in Hungary’s corn export industry. In 2020, Hungary exported over 5 million metric tons of corn, generating revenue of $1 billion.
8. South Africa
South Africa is a major corn exporter in Africa, known for its high-quality corn products and competitive prices. The country’s corn industry is supported by companies like Afgri Group and Senwes. In 2020, South Africa exported around 5 million metric tons of corn, with a total export value of $1 billion.
9. Canada
Canada is a significant corn exporter in North America, with a well-established agricultural sector and advanced farming practices. Companies like Richardson International and Viterra are key players in Canada’s corn export market. In 2020, Canada exported over 4 million metric tons of corn, generating revenue of $800 million.
10. Romania
Romania is a notable corn exporter in Eastern Europe, known for its fertile lands and increasing corn production. The country’s corn industry is supported by companies like Cargill and Glencore. In 2020, Romania exported around 3 million metric tons of corn, with a total export value of $600 million.
In conclusion, the top 10 corn exporting countries in the world play a crucial role in meeting global demand for this essential crop. With their vast agricultural resources, advanced farming techniques, and competitive prices, these countries are key players in the global corn market. As the demand for corn continues to grow, these countries are expected to maintain their dominance in corn exports and contribute significantly to the world’s food supply chain.
