2022
Exports
$747MWorld Rnk 2 / 181
Flag Rnk 308 / 1217
2022
PRODUCT COMPLEXITY IN Prepared Cereals
-0.43Rnk 681 / 1025
2022
Imports
$1.03BWorld Rnk 1 / 223
Flag Rnk 389 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $747M in Prepared Cereals, making it the 2nd largest exporter of Prepared Cereals in the world. At the same year, Prepared Cereals was the 308th most exported product in United States. The main destination of Prepared Cereals exports from United States are: Canada ($538M), Mexico ($46.8M), United Kingdom ($12.8M), Dominican Republic ($11.6M), and Honduras ($7.93M).

The fastest growing export markets for Prepared Cereals of United States between 2021 and 2022 were Canada ($100M), Mexico ($6.72M), and United Kingdom ($3.77M).

Imports In 2022, United States imported $1.03B in Prepared Cereals, becoming the 1st largest importer of Prepared Cereals in the world. At the same year, Prepared Cereals was the 389th most imported product in United States. United States imports Prepared Cereals primarily from: Canada ($407M), Mexico ($241M), South Korea ($64.9M), Spain ($44.6M), and Thailand ($38M).

The fastest growing import markets in Prepared Cereals for United States between 2021 and 2022 were Canada ($43M), South Korea ($19.7M), and Spain ($13.5M).

COMPANIES In 2023, leading companies such as Riviana Foods (502), Walong Marketing (144), and Storck (74) were at the forefront of shipping Prepared Cereals to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-3.96M(-6.08%)
IMPORT GROWTH (August 2023 - August 2024)$4.59M(5.99%)
MAIN EXPORTER (August 2024)Pennsylvania$7.65M
MAIN DESTINATION (August 2024)Canada$46.9M

This section shows Prepared 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 Prepared Cereals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$747M
IMPORTS (2022)$1.03B
NET TRADE (2022)-$284M

In 2022, United States exported $747M in Prepared Cereals. The main destinations of United States exports on Prepared Cereals were Canada ($538M), Mexico ($46.8M), United Kingdom ($12.8M), Dominican Republic ($11.6M), and Honduras ($7.93M).

In 2022, United States imported $1.03B in Prepared Cereals, mainly from Canada ($407M), Mexico ($241M), South Korea ($64.9M), Spain ($44.6M), and Thailand ($38M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Prepared Cereals EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$100M (23%)
Mexico$6.72M (16.8%)
United Kingdom$3.77M (41.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prepared Cereals BY United States WERE (2021 - 2022):
Ethiopia-$6.25M (-54.7%)
Japan-$1.7M (-26.5%)
Singapore-$1.5M (-20%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Prepared Cereals were:
In 2022, United States's main importing competitors in Prepared Cereals were:

Explore Visualizations

Trade Value of Prepared Cereals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $6.77M
TOP IMPORT POTENTIALGermany+ $15.7M

Prepared Cereals’s highest export potential is United Kingdom. With an export gap of $6.77M.   Prepared Cereals’s highest import potential is Germany with an import gap of $15.7M.

See methodology.

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