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2022
Exports $103MWorld Rnk 5 / 149
Flag Rnk 735 / 1217
2022
Destination $4.5M Canada
2021 - 2022
FASTEST GROWING MARKET $4.5MHaiti
2022
PRODUCT COMPLEXITY IN Cereal Meal and Pellets-1.07Rnk 850 / 1025
2022
Imports $256MWorld Rnk 1 / 211
Flag Rnk 707 / 1216
2022
Origin $69.8M Canada
2021 - 2022
FASTEST GROWING ORIGIN $69.8MCanada
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $103M in Cereal Meal and Pellets, making it the 5th largest exporter of Cereal Meal and Pellets in the world. At the same year, Cereal Meal and Pellets was the 735th most exported product in United States. The main destination of Cereal Meal and Pellets exports from United States are: Canada ($31M), Mexico ($21.9M), Malaysia ($14.9M), Haiti ($9.88M), and Democratic Republic of the Congo ($9.88M).

The fastest growing export markets for Cereal Meal and Pellets of United States between 2021 and 2022 were Haiti ($4.5M), Canada ($4.25M), and Trinidad and Tobago ($3.11M).

Imports In 2022, United States imported $256M in Cereal Meal and Pellets, becoming the 1st largest importer of Cereal Meal and Pellets in the world. At the same year, Cereal Meal and Pellets was the 707th most imported product in United States. United States imports Cereal Meal and Pellets primarily from: Canada ($203M), Mexico ($25.1M), India ($6.03M), Italy ($4.13M), and Pakistan ($4.06M).

The fastest growing import markets in Cereal Meal and Pellets for United States between 2021 and 2022 were Canada ($69.8M), Mexico ($17.4M), and India ($3.26M).

COMPANIES In 2023, leading companies such as Goya Foods (41), Prime Line Coffee (8), and ALDI Grocery Stores (7) were at the forefront of shipping Cereal Meal and Pellets to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Cereal Meal and Pellets exports accounted up to $16.2M and imports accounted up to $17M, resulting in a negative trade balance of $736k. Between June 2023 and June 2024 the exports of United States'   Cereal Meal and Pellets have increased by $6.22M (62.2%) from $10M to $16.2M, while imports decreased by $-420k (-2.42%) from $17.4M to $17M.

Destinations In June 2024, Cereal Meal and Pellets were exported mostly to Democratic Republic of the Congo ($9.17M), Canada ($3.46M), Mexico ($2.41M), Trinidad and Tobago ($384k), and Haiti ($200k), and were imported mostly from Canada ($14M), Mexico ($1.26M), Italy ($420k), India ($333k), and Colombia ($277k).

Growth In June 2024, the increase in Cereal Meal and Pellets's year-by-year exports was explained primarily by an increase in exports to Canada ($933k or 46.3%), Trinidad and Tobago ($139k or 124%), and Bahamas ($54.2k or 99.2%). In June 2024, the decrease in Cereal Meal and Pellets's year-by-year imports was explained primarily by a decrease in imports from India ($-70.1k or -39.8%), Israel ($-48.7k or -38.2%), and South Korea ($-44.2k or -87.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$6.22M(62.2%)
IMPORT GROWTH (June 2023 - June 2024)$-420k(-2.42%)
MAIN EXPORTER (June 2024)Wisconsin$8.37M
MAIN DESTINATION (June 2024)Democratic Republic of the Congo$9.17M

This section shows Cereal Meal and Pellets'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 Cereal Meal and Pellets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$103M
IMPORTS (2022)$256M
NET TRADE (2022)-$154M

In 2022, United States exported $103M in Cereal Meal and Pellets. The main destinations of United States exports on Cereal Meal and Pellets were Canada ($31M), Mexico ($21.9M), Malaysia ($14.9M), Haiti ($9.88M), and Democratic Republic of the Congo ($9.88M).

In 2022, United States imported $256M in Cereal Meal and Pellets, mainly from Canada ($203M), Mexico ($25.1M), India ($6.03M), Italy ($4.13M), and Pakistan ($4.06M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cereal Meal and Pellets EXPORT MARKETS FOR United States WERE (2021 - 2022):
Haiti$4.5M (83.4%)
Canada$4.25M (15.9%)
Trinidad and Tobago$3.11M (177%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cereal Meal and Pellets BY United States WERE (2021 - 2022):
Malaysia-$25.7M (-63.3%)
Democratic Republic of the Congo-$12.5M (-55.8%)
Madagascar-$1.21M (-54%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Cereal Meal and Pellets were:
Canada $220M
Italy $141M
Turkey $124M
In 2022, United States's main importing competitors in Cereal Meal and Pellets were:
Malaysia $137M
Germany $86.1M

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Trade Value of Cereal Meal and Pellets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $660k
TOP IMPORT POTENTIALIndia+ $4.42M

Cereal Meal and Pellets’s highest export potential is United Kingdom. With an export gap of $660k.   Cereal Meal and Pellets’s highest import potential is India with an import gap of $4.42M.

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