10 Countries That Export the Most Corn in the World

9. Paraguay

Exports value: $441.2 million

Market share: 1.60%

Paraguay’s corn exports have taken a sharp dive in 2015, compared to the previous year. In 2014, the country exported 2.9 million metric tons, while in 2015 it only managed 2.3 million metric tons, an alarming 20% decrease. Apart from a global decline in corn trading, another factor that affected Paraguay’s corn farmers were the unusual weather patterns. This has encouraged some of them to shift towards soybean production, which is expected to be a record one in 2016, with 9.2 million metric tons estimate.