Corn industry worldwide - Statistics & Facts

With a production volume of around 1.1 billion metric tons, corn took the global lead among the most important grains produced all over the world. The United States alone is responsible for over one third of global corn production, with approximately 81.5 million acres of land devoted for corn harvesting in 2019. The U.S. and China together account for more than half of worldwide corn production. Corn production in China exceeded 260 million metric tons in 2019.

As the global leader in corn production, the United States was also the leading exporter of corn worldwide in 2019/2020, with an export volume of over 47.5 million metric tons. In that year, the two main recipients of U.S. corn exports were Mexico and Japan. The export value of U.S. corn amounted to nearly 13 billion U.S. dollars in 2019. On the import side, the European Union had the highest volume of corn imports in 2019/2020.

Global consumption of corn amounted to nearly 45 million bushels in 2020, of which 12.3 million were consumed in the United States alone. A significant share of the corn grown in the United States is processed into ethanol to be utilized as animal feed or to manufacture high fructose corn syrup. In 2018/2019, 5.38 billion bushels of corn were devoted to the production of ethanol and other byproducts. In Latin America and the Caribbean, corn consumption was highest in Brazil. In the European Union, the consumption volume of corn was estimated to reach nearly 81 million metric tons by 2028.

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Corn industry worldwide

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