# Corn Imports Surge in 2023

> Mexico's corn imports rose 16.9% year on year to 18.2 million tons in January-November 2023, a record. Imports were 88.3% U.S.-sourced, and domestic output was projected at 26.7 million tons against consumption of 46.3 million. Analysts expect 2023 full-year imports near 19.5 million tons.

- Date: 2024-01-10 · published 2024-01-10T12:00:00.000Z
- Category: trade · region Mexico · magnitude medium
- Page: https://feedsoft.ai/events/32103-corn-imports-surge-in-2023
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Structural Mexican import dependence on corn, driven by flat domestic output and rising livestock demand, supports continued U.S. corn export demand.

## Read by commodity

- CORN: bullish ▲
- DDGS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-01-27 | [Mexico Will Have Higher Corn Imports in 2020](https://feedsoft.ai/events/55044-mexico-will-have-higher-corn-imports-in-2020.md) | -1.2% | -1.8% |
| CORN | 2021-01-18 | [China's corn, wheat imports in 2020 reach record highs](https://feedsoft.ai/events/49007-china-s-corn-wheat-imports-in-2020-reach-record-highs.md) | -2.6% | +3.7% |
| CORN | 2021-11-24 | [China’s Corn Imports Up 236% from 2020 \| CZ app](https://feedsoft.ai/events/14982-china-s-corn-imports-up-236-from-2020-cz-app.md) | -3.8% | -0.0% |
| CORN | 2021-12-16 | [Will China's Imports of Corn Remain High in 2022? \| Feed & Grain](https://feedsoft.ai/events/14971-will-china-s-imports-of-corn-remain-high-in-2022-feed-and-grain.md) | -2.7% | +0.4% |
| CORN | 2022-12-13 | [Towards a rebound in Chinese pork imports in 2023](https://feedsoft.ai/events/38233-towards-a-rebound-in-chinese-pork-imports-in-2023.md) | +0.6% | +2.3% |

## Sources

- mexicobusiness.news: https://mexicobusiness.news/agribusiness/news/corn-imports-surge-2023

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.