Argentina Corn Exports Surge in 2026 After 2025 Decline

Argentina, a key global supplier of corn, saw a notable shift in its export trends during 2026. After a weaker performance in 2025, corn shipments surged in the first eight months of 2026. The total value of Argentina's corn exports reached $6.51 billion in 2025, a slight decline from the previous year, with 31.16 million tons exported. However, from January to August 2026, exports increased by 17.29% in volume and 16.03% in value, totaling 26.35 million tons worth $5.47 billion.

The turnaround in 2026 was driven by several factors, including a larger corn crop, competitive export prices, and stronger overseas demand. Argentina's 2025/26 corn production exceeded 63 million metric tons, with government estimates later putting the harvest at around 71.7 million tons. This larger harvest created a bigger exportable surplus. Additionally, Argentina's average corn export price remained competitive at around $208 per ton, supporting increased export volumes.

Argentina's top export destinations for corn include Vietnam, Peru, Malaysia, and Algeria. Vietnam was the largest importer, followed by Peru. The surge in exports was particularly evident in August 2026, with a 43.33% increase in volume and a 51.46% increase in export value compared to August 2025.

The stronger export performance was also influenced by lower corn export availability from Brazil, another major player in the global corn market. Brazil's domestic corn consumption increased significantly during the 2025/26 season, driven by its expanding ethanol industry. This reduced export availability from Brazil further strengthened Argentina's position in the international corn trade market.