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2022
Exports $778MWorld Rnk 30 / 195
Flag Rnk 52 / 96
2022
Destination $180M Spain
2021 - 2022
FASTEST GROWING MARKET $180MSpain
2022
PRODUCT COMPLEXITY IN Cereals-0.36Rnk 663 / 1025
2022
Imports $1.78BWorld Rnk 29 / 222
Flag Rnk 56 / 96
2022
Origin $71.3M Canada
2021 - 2022
FASTEST GROWING ORIGIN $71.3MCanada
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $778M in Cereals, making it the 30th largest exporter of Cereals in the world. At the same year, Cereals was the 52nd most exported product in United Kingdom. The main destination of Cereals exports from United Kingdom are: Spain ($228M), Netherlands ($153M), Ireland ($144M), Belgium ($77.7M), and Portugal ($57.6M).

The fastest growing export markets for Cereals of United Kingdom between 2021 and 2022 were Spain ($180M), Netherlands ($66M), and Belgium ($44.9M).

Imports In 2022, United Kingdom imported $1.78B in Cereals, becoming the 29th largest importer of Cereals in the world. At the same year, Cereals was the 56th most imported product in United Kingdom. United Kingdom imports Cereals primarily from: Canada ($328M), France ($252M), India ($182M), Germany ($126M), and Poland ($97M).

The fastest growing import markets in Cereals for United Kingdom between 2021 and 2022 were Canada ($71.3M), Brazil ($37.3M), and France ($37M).

COMPANIES In 2023, leading companies such as Amazon (8), Givaudan Fragrances (2), and Riviana Foods (1) were at the forefront of shipping Cereals from United Kingdom to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Cereals exports accounted up to £18.5M and imports accounted up to £163M, resulting in a negative trade balance of £144M. Between June 2023 and June 2024 the exports of United Kingdom's   Cereals have decreased by £-30.3M (-62.1%) from £48.8M to £18.5M, while imports increased by £39.3M (31.8%) from £123M to £163M.

Destinations In June 2024, Cereals were exported mostly to Ireland (£5.65M), Netherlands (£2.53M), Belgium (£2.49M), Portugal (£2.22M), and France (£1.15M), and were imported mostly from Canada (£28.8M), Germany (£21.6M), India (£16.2M), Romania (£13.3M), and Pakistan (£13M).

Growth In June 2024, the decrease in Cereals's year-by-year exports was explained primarily by a decrease in exports to Belgium (£-1.37M or -25.8%), Iceland (£-743k or -95.5%), and United States (£-232k or -95.5%). In June 2024, the increase in Cereals's year-by-year imports was explained primarily by an increase in imports from Poland (£11.3M or 21.5k%), Ireland (£10.5M or 170%), and Argentina (£8.39M or 1.13k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£-30.3M(-62.1%)
IMPORT GROWTH (June 2023 - June 2024)£39.3M(31.8%)
MAIN EXPORTER (June 2024)London£5.03M
MAIN DESTINATION (June 2024)Ireland£5.65M

This section shows Cereals's exports and imports data at subnational level for United Kingdom. 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)$778M
IMPORTS (2022)$1.78B
NET TRADE (2022)-$1B

In 2022, United Kingdom exported $778M in Cereals. The main destinations of United Kingdom exports on Cereals were Spain ($228M), Netherlands ($153M), Ireland ($144M), Belgium ($77.7M), and Portugal ($57.6M).

In 2022, United Kingdom imported $1.78B in Cereals, mainly from Canada ($328M), France ($252M), India ($182M), Germany ($126M), and Poland ($97M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cereals EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Spain$180M (375%)
Netherlands$66M (76%)
Belgium$44.9M (136%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cereals BY United Kingdom WERE (2021 - 2022):
Iran-$529M (-100%)
Morocco-$18.5M (-100%)
Tunisia-$7.61M (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Cereals were:
United States $32.6B
Argentina $16.5B
India $14.7B
In 2022, United Kingdom'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 POTENTIALGermany+ $12.8M
TOP IMPORT POTENTIALFrance+ $85.9M

Cereals’s highest export potential is Germany. With an export gap of $12.8M.   Cereals’s highest import potential is France with an import gap of $85.9M.

See methodology.

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