Corn
U.S. Corn Exports in 2024
Total Export Value
$13.7 Billion
Total Volume (Millions)
61.72 Metric Tons
3-Year Average
$15.09 Billion
Compound Average Growth
5.2% (2015-2024)
| Market | Total Value (USD) |
|---|---|
| Mexico | $5.51 Billion |
| Japan | $2.73 Billion |
| Colombia | $1.52 Billion |
| South Korea | $688.95 Million |
| Canada | $449.83 Million |
| European Union | $398 Million |
| Taiwan | $383.09 Million |
| China | $331.01 Million |
| Guatemala | $274.99 Million |
| Saudi Arabia | $238.77 Million |
Data and Analysis
FAS Manila increases its forecast for rough rice and corn production in Marketing Year (MY) 2025/26, supported by favorable weather and continued government support programs. Wetter weather conditions in the third quarter of 2025 and limited access to mechanical dryers have tempered the increase in rice and corn output in MY 2025/26.
Corn and wheat imports are projected to rise in the marketing year (MY) 2025/26, due to a more stable foreign exchange rate, improved consumer purchasing power, and lower world grain prices compared to the prior MY.
Improved dam levels and increased demand for local white corn and rice are expected to drive up production in marketing year 2025/2026. Sorghum and wheat production are projected to decline due to weaker price expectations.
News and Features
Private exporters reported the following sales activity for MY 2025/2026: 135,660 MT of corn for delivery to Mexico and 110,668 MT of corn for delivery to unknown destinations.
Private exporters reported the sale of 101,400 metric tons of soybean cake and meal for delivery to Guatemala during the 2025/2026 marketing year.
Private exporters reported sales of 122,947 MT of corn for delivery to Mexico - 100,593 MT is for delivery during MY 2025/2026 and 22,354 MT is for delivery during MY 2026/2027.