2022
Exports
$32.6BWorld Rnk 1 / 195
Flag Rnk 12 / 96
2022
PRODUCT COMPLEXITY IN Cereals
-0.36Rnk 663 / 1025
2022
Imports
$3.1BWorld Rnk 18 / 222
Flag Rnk 72 / 96
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $32.6B in Cereals, making it the 1st largest exporter of Cereals in the world. At the same year, Cereals was the 12th most exported product in United States. The main destination of Cereals exports from United States are: China ($7.58B), Mexico ($6.46B), Japan ($4.57B), Canada ($1.74B), and Colombia ($1.38B).

The fastest growing export markets for Cereals of United States between 2021 and 2022 were Canada ($608M), Ethiopia ($335M), and Spain ($237M).

Imports In 2022, United States imported $3.1B in Cereals, becoming the 18th largest importer of Cereals in the world. At the same year, Cereals was the 72nd most imported product in United States. United States imports Cereals primarily from: Canada ($1.56B), Thailand ($652M), India ($313M), Argentina ($86.2M), and Brazil ($56.7M).

The fastest growing import markets in Cereals for United States between 2021 and 2022 were Canada ($521M), Thailand ($100M), and India ($90.7M).

COMPANIES In 2023, leading companies such as Riviana Foods (1.39k), Walong Marketing (552), and Loblaws Supermarkets (260) were at the forefront of shipping Cereals to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$81.4M(4.51%)
IMPORT GROWTH (June 2023 - June 2024)$-69.5M(-24.5%)
MAIN EXPORTER (June 2024)Washington$749M
MAIN DESTINATION (June 2024)Mexico$506M

This section shows Cereals's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Cereals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$32.6B
IMPORTS (2022)$3.1B
NET TRADE (2022)$29.5B

In 2022, United States exported $32.6B in Cereals. The main destinations of United States exports on Cereals were China ($7.58B), Mexico ($6.46B), Japan ($4.57B), Canada ($1.74B), and Colombia ($1.38B).

In 2022, United States imported $3.1B in Cereals, mainly from Canada ($1.56B), Thailand ($652M), India ($313M), Argentina ($86.2M), and Brazil ($56.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cereals EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$608M (53.6%)
Ethiopia$335M (106%)
Spain$237M (14.4k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cereals BY United States WERE (2021 - 2022):
South Korea-$340M (-22.3%)
Chinese Taipei-$297M (-29.5%)
China-$245M (-3.14%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Cereals were:
India $14.7B
In 2022, United States's main importing competitors in Cereals were:
China $18.6B
Japan $8.51B
Mexico $7.82B

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Trade Value of Cereals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $183M
TOP IMPORT POTENTIALCanada+ $253M

Cereals’s highest export potential is Canada. With an export gap of $183M.   Cereals’s highest import potential is Canada with an import gap of $253M.

See methodology.

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