U.S. grains in all forms (GIAF) exports for marketing year (MY) 2022/2023 totaled 87.1 million metric tons (MMT), or 3.4 billion bushels, according to data from the U.S. Department of Agriculture (USDA) and analysis by the U.S. Grains Council (USGC).
To track GIAF exports, the Council reviews exports across 10 product sectors, including U.S. corn, barley and sorghum and value-added products including ethanol, distiller’s dried grains with solubles (DDGS) and other co-products, as well as the corn equivalent of exported meat products.
Top Three GIAF Countries
Mexico – Mexico remained the largest year-over-year market for U.S. GIAF in MY 2022/23, with exports totaling 26.8 MMT (1 billion bushels), worth $11.2 billion. Mexico is the top market for six of the 10 GIAF commodities. By commodity, Mexico was the top market for U.S. corn, barley and barley products, coarse grain products, DDGS, pork and pork products, poultry and poultry products; the second-largest market for U.S. sorghum; the third-largest market for U.S. beef and beef products; and the sixth-largest market for U.S. ethanol and corn gluten feed and meal.
China – China remained the second-largest year-over-year market for U.S. GIAF in MY 2022/23, with exports totaling 14.3 MMT (565 million bushels), worth $7.2 billion. By commodity, China was the top market for U.S. sorghum; the second-largest market for U.S. corn, pork and pork products and poultry and poultry products; the fourth-largest market for U.S. beef and beef products; and the ninth-largest market for U.S. coarse grain products.
Japan – Japan surpassed Canada to become the third-largest U.S. GIAF market in MY 2022/23, with exports totaling 9.6 MMT (377 million bushels), worth $5.6 billion. By commodity, Japan was the top market for U.S. beef and beef products; the third-largest market for U.S. corn, pork and pork products, barley and barley products; the eighth-largest market for U.S. DDGS; and the ninth-largest market for U.S. sorghum.
Top Three Commodities
Corn – U.S. corn exports totaled 42.1 MMT (1.6 billion bushels) in 2022/23, worth $13.2 billion and down 20.6 MMT, or 32.9%, from MY 2021/22. Fifty countries purchased U.S. corn in MY 2022/23.
Ethanol – In MY 2022/23, U.S. ethanol exports experienced its fifth-largest marketing year on record, totaling 1.25 billion gallons (423 million bushels), worth $3.5 billion, down 174 million gallons, or 13 percent from MY 2021/22. Seventy-seven countries purchased U.S. ethanol in MY 2022/23.
DDGS – U.S. DDGS exports totaled 10.4 MMT (4.1 million bushels in corn equivalent) in MY 2022/23, worth $3.3 billion and down 1.2 MMT, or 10.3% from MY 2021/22. Fifty-four countries purchased U.S. DDGS in MY 2022/23.
“MY 2022/23 saw record exports of U.S. ethanol to Canada and growth in pork and pork products which helped offset decreases in other commodities and in the overall marketing year,” said Isabelle Ausdal, USGC manager of global ethanol policy and economics.
About The U.S. Grains Council
The U.S. Grains Council develops export markets for U.S. barley, corn, sorghum and related products including distiller’s dried grains with solubles (DDGS) and ethanol. With full-time presence in 28 locations, the Council operates programs in more than 50 countries and the European Union. The Council believes exports are vital to global economic development and to U.S. agriculture’s profitability. Detailed information about the Council and its programs is online at www.grains.org.