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 82.5 million acres of land devoted for corn harvesting in 2020. 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.

International trade

As the global leader in corn production, the United States was also the leading exporter of corn worldwide in 2020, with an export volume of over 73 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 9.6 billion U.S. dollars in 2020. On the import side, China had the highest volume of corn imports.

Global corn consumption

Global consumption of corn amounted to nearly 45 million bushels in 2020, of which 12 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 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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In the following 5 chapters, you will quickly find the 27 most important statistics relating to "Corn industry worldwide".

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