22-Oct-2024
Key Highlights
With a CAGR of 3.6%, the global maize market is projected to reach USD 190.29 billion by 2031 from USD 143.18 billion in 2024.
The top maize exporters from India are yellow maize, white maize, maize grain seed and kernel maize cattle feed.
As per maize export data, India exported USD 816.31 million worth of maize in the first 10 months of the fiscal year 2021-2022.
The top maize HS codes are 11031300, 11042300, 100590, 10051000 and 10059011.
India may have a promising future for maize exports in 2025 as a result of growing domestic and international demand for the crop.
Since maize has the highest potential genetic yield, it is commonly referred to as Indian corn and is referred to as the queen of cereals worldwide. After wheat and rice, it is the third most important food crop in India.
The multipurpose crop maize can be used for sweeteners, bioethanol, and animal feed, among other things. Additionally, it is a competitive product due to its ease of cultivation, harvesting, and storage. Did you know that India ranks fifth globally in terms of maize production and fourteenth in terms of exports?
In this blog, we will discuss data on maize export from India and maize exporting countries. Additionally, we will look at the precise list of maize exporters from India.
Maize production in India was around 35.67 million metric tons of maize in 2023–2024, ranking seventh in the world in terms of production. Karnataka produces an estimated 12.5 million metric tons of maize annually, making it the largest producer of maize in India.
Madhya Pradesh, Bihar, Tamil Nadu, Telangana, Maharashtra, and Andhra Pradesh are some of India's other top maize-growing states. India produced 27.8 million metric tons of maize in 2018–19, a 16-fold increase from 1.73 million metric tons in 1950–51.
The rainy (kharif) and winter (rabi) seasons are when maize is grown most frequently in India. About 83% of India's maize land is planted to kharif maize, and 17% is planted to rabi maize.
India’s contribution in the maize industry: With a projected value of $340.1 million in 2024 and a projected growth of $475.2 million by 2030, the Indian maize market is sizable and expanding.
Increasing along with the world's population.
Dietary patterns change.
Feed industry's explosive growth.
Rapid economic growth in regions such as Asia, the Middle East, and Latin America.
Government assistance programs.
Maize exporters from India are anticipated to increase its exports of maize, with Vietnam, Nepal, Bangladesh, Malaysia, and Thailand among its top destinations.
India exports a variety of maize varieties, such as:
Yellow maize
White maize
Maize grain seed
Kernel maize cattle feed
Whole maize seeds
Yellow maize seeds
An Import-Export Code (IEC) must be obtained from the Directorate General of Foreign Trade (DGFT) in order to export maize from India. Using the DGFT website, you can submit an online application for an IEC. Additionally, you must confirm that the maize satisfies the importer's quality requirements and standards.
11031300: Maize corn
11042300: Maize grits (corn flaking grits)
10059000: Indian yellow maize (corn)
10051000: Hybrid maize (corn) seed
19041010: Maize pawa (corn flakes)
11081200: Native corn starch (starch of maize corn)
India is now a net importer of corn rather than a significant exporter. The factors making India the net importer of maize include:
Production of ethanol: In order to lower carbon emissions and guarantee a consistent supply of sugar, the Indian government has promoted the production of ethanol from corn.
Domestic policy: The environment for maize export from India has changed as a result of recent changes in domestic policy.
Market demands: There is a shortage of domestic corn due to changing market demands.
In 2023–2024, India exported 14,42,671.48 metric tons (MT) of maize, valued at $443.53 million. Compared to the prior year, there was a 58% drop in volume and a 60% drop in dollar value.
In fact, India exported USD 816.31 million worth of maize in the first 10 months of the fiscal year 2021-2022. This exceeded all of the maize export from India compared to the previous year. India's top export destinations for maize are Bangladesh, Vietnam, Nepal, Malaysia, and Sri Lanka.
Vietnam, Nepal, Bangladesh, Malaysia, and Thailand are top destinations for maize export from India in 2023–2024, according to maize export data.
| Years | 2020-21 | 2021-22 | 2022-23 | 2023-24 |
| Maize export Value | $142.8 million | $634.85 million | $818.31 million | $443.53 million |
Here is the list of the most prominent maize exporters worldwide:
| Sr. No. | Maize Exporting Countries | Export Value |
| 1 | Brazil | US$ 13.46 Billion |
| 2 | United States | US$ 13.29 Billion |
| 3 | Argentina | US$ 6.11 Billion |
| 4 | Ukraine | US$ 4.84 Billion |
| 5 | European Union | US$ 1.47 Billion |
| 6 | Romania | US$ 1.39 Billion |
| 7 | South Africa | US$ 1.09 Billion |
| 8 | France | US$ 1.08 Billion |
| 9 | Poland | US$ 1.03 Billion |
| 10 | Paraguay | US$ 748 Million |
So, Brazil is the largest maize exporter in the world, with an export value of US$ 13.46 billion in 2023–24. India is the 14th largest exporter of maize. It could not make place in the top 10 maize exporting countries. As India is focusing more on producing bioethanol by using maize, it is eventually increasing the overall domestic consumption and reducing maize exports from India. For more insights on maize export from India, connect us on Exportimportdata.in.
Here is the list of the leading maize exporters in India:
Shimla Hills
Kinal Global Care
Geewim Exim
Yuvaraju Agro Impex
Oem Exporters
Adinath Trading Co.
Kesco Organics Exports
Sky Enterprise
Eco Export
Midas Overseas
So, all these exporters play an import role when it comes to maize exports from India in huge quantities. Maize is a great option when it comes to a gluten-free, healthy diet. This is the major reason driving maize demand. So to enter this emerging industry, explore maize export data at exportimportdata.in and collect the keen information for maize export from India successfully.
Due to rising production and demand for maize both domestically and internationally, India's potential for exporting maize in 2025 may be bright.
At least 40 MMTs of maize could be produced during the 2024–2025 crop year if total acreage increases to 11.5 million hectares with an anticipated yield of 3.5 tonnes per hectare.
Also, the government is targeting a 10% increase in maize production from 2022–23 to 2025–26. An estimated 11.5 million hectares will be planted in the 2024–2025 crop year, with a yield of 3.5 tonnes per hectare.
However, the Indian maize sector faces challenges such as yield-limiting biotic and abiotic stresses, lower adoption of modern production technologies, and lack of updated maize export data from India. It is recommended to analyze the updated maize export insights from the best market research platform, i.e. ExportImportData.in.
To identify the leading global maize importers or maize exporters from India, visit Exportimportdata.in, a data-driven dashboard. We deliver trustworthy, reliable, and up-to-date information on international trade, as well as import/export data, to over 100 nations. We offer major insights on maize export from India, maize export data, and maize HS codes.
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Final Words!
Maize demand is increasing worldwide; however, maize exports from India are declining on year basis. Indian maize exporters need to understand where they are lacking. With the United States, Singapore, and Nepal as the key destinations, there is room for expansion in this sector. Maize exporters from India can strengthen their international market position by remaining up-to-date on global maize trends and consumer preferences.
Thus, by providing you access to the maize HS codes, a list of maize export from India, industry trends and insights, as well as maize export data , Exportimportdata.in will assist you in growing your business in the global trade arena. Now, schedule a free live demo!
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