As supplies from these two countries have come to a standstill due to the continuing war between Russia and Ukraine, export demand for Indian wheat, corn, and spices has risen dramatically.
Among all the industries seeking to promote worldwide commerce with other nations, India’s agriculture industry is now the most booming.
Maize is the top-exporting commodity among them all. With Russia’s invasion of Ukraine capturing a substantial chunk of international trade and posing an unprecedented difficulty for countries to overcome the abrupt suspension of exported commodities from both Russia and Ukraine, India’s maize is becoming highly sought after.
Exports of maize from India in 2021
As per the recent evaluation based on India Export Data, India’s maize exports reached an all-time high of $1.03 billion in 2021.
India’s maize exports increased significantly in 2021 compared to the previous year. The table below depicts the total value of India’s exports of maize across the world.
Because of the worldwide message, it is apparent that maize exports from India are of enormous importance. Although the Indian import figures fluctuated somewhat, they reached an all-time high of about $1 billion. The valuation reached a peak point of $129.1 billion in November.
| Month | Value in USD ($) | Year |
| January | $95.54 Million | 2021 |
| February | $116.98 Million | 2021 |
| March | $72.52 Million | 2021 |
| April | $72.10 Million | 2021 |
| May | $84.70 Million | 2021 |
| June | $136.59 Million | 2021 |
| July | $45.61 Million | 2021 |
| August | $56.05 Million | 2021 |
| September | $92.79 Million | 2021 |
| October | $44.91 Million | 2021 |
| November | $89.35 Million | 2021 |
| December | $129.11 Million | 2021 |
2021’s Top Exporting Partners
According to India Import-Export Data, Bangladesh and Nepal have been the top exporting partners for Indian maize. However, with a value of $427.2 million in maize exports from India to Vietnam in 2021, Vietnam emerged as the leading partner country (41.22 percent share).
Bangladesh and Nepal are currently India’s second and third major trading partners, with export values of $338 million (32.62 percent) and $128 million (12.39 percent) in 2021, respectively. For a better understanding, look through the list below.
| Country | Value in USD ($) | Year |
| Nepal | $128.44 Million | 2021 |
| Qatar | $4.29 Million | 2021 |
| Bhutan | $5.20 Million | 2021 |
| Vietnam | $427.21 Million | 2021 |
| Bangladesh | $338.04 Million | 2021 |
| Oman | $6.83 Million | 2021 |
| Syria | $7.41 Million | 2021 |
| Malaysia | $85.10 Million | 2021 |
| UAE | $5.92 Million | 2021 |
| Mayanmar | $8.40 Million | 2021 |
Exports Year-over-Year Comparison
India’s maize exports soared to all-time highs, according to global trade data. According to India’s maize export data, the value of exported maize in 2021 would be greater than in 2020, growing by $615.97 million. After the Russia-Ukraine war, their figures have increased.
Indian maize exports in 2020
| Quarter | Value in USD ($) | Year |
| Quarter-1 | $33.65 Million | 2020 |
| Quarter-2 | $33.65 Million | 2020 |
| Quarter-3 | $160.17 Million | 2020 |
| Quarter-4 | $188.96 Million | 2020 |
Indian maize exports in 2021
| Quarter | Value in USD ($) | Year |
| Quarter-1 | $285.05 Million | 2021 |
| Quarter-2 | $293.39 Million | 2021 |
| Quarter-3 | $194.46 Million | 2021 |
| Quarter-4 | $263.39 Million | 2021 |
In the midst of the Russia-Ukraine conflict, India’s agriculture sector offers a plethora of changes that must be taken advantage of in order to strengthen the country’s agricultural sector and provide inputs to the people who work in it. Spices, wheat, and now maize are becoming increasingly in demand from countries that are running out of supply from both Russia and Ukraine.
You may also be interested in the import-export trade data of some other top global countries:
India import data India export data
Vietnam import data Vietnam export data
Indonesia import data Indonesia export data
Turkey import data Turkey export data
Bangladesh import data Bangladesh export data
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