U.S. corn exports were up $1.6 billion (20 percent) from a year ago to $9.2 billion in 2020. Strong feed demand in China contributed to this sharp increase, as did China’s implementation of the Phase One Agreement. Exports to China totaled $1.2 billion, the largest since 2012. China became the third largest destination for U.S. corn in 2020 after Mexico and Japan. The top three markets accounted for 62 percent of total U.S. corn exports. The sum total of U.S. corn exports to Colombia, South Korea, and Guatemala, three U.S. free trade partners, was up $424 million over 2019.
USDA's latest official data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in grain, can be found in the Grain: World Markets and Trade report.