In the 2023/24 season, India has seen a unique development where its corn imports have exactly balanced its exports, marking the first time since 1999/2000 that the country has been both an importer and an exporter of corn. This situation has been driven by a surge in demand from poultry farmers and ethanol producers. Throughout the 2022/23 season, India had been a significant corn exporter, with figures reaching 2.8 million tons to Vietnam, Nepal, and Bangladesh. However, exports have dramatically decreased by 86% in the early months of the 2023/24 season, leading to a shift in source countries for importing countries. Despite these trade dynamics, domestic demand for corn in India is anticipated to persist strongly in the upcoming 2024/25 season, fueled by the continued demands of ethanol producers and the feed sector.