Market Insights
10-07-2023
Brazilian corn exports are in the midst of an explosive growth market phase. According to sources, Brazilian corn exports are expected to flood the global market starting in July, with exports expected to reach a record 55 million tons. Late last year, China expanded the list of approved Brazilian corn export facilities, driving Brazilian exports. Tendata's import and export data shows where Brazilian corn trade trends are headed in 2022, and a clear upward trend can be seen in:
Brazilian Corn Exports - Main Export Products
The chart below shows the HS codes of the most exported corn-related products from Brazil in 2022.
The largest number of exports is HS code 10050000 with 1615; the largest amount of exports is 11022000 with 21.3 million USD. Check the list of Brazilian corn export data shown below:
Brazilian Corn Exports - Trading Partners
According to Brazilian export data, in 2022 the most frequently traded countries for Brazilian corn exports were Colombia (498), South Korea (205), Japan (170); the largest export amounts were Angola (19.1 million USD), Tunisia (6.52 million USD), Democratic Republic of the Congo (US$ 5.06 million). For the rest of the data, please check the following tables:
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