2022
Exports
$168MWorld Rnk 3 / 158
Flag Rnk 630 / 1217
2022
PRODUCT COMPLEXITY IN Processed Cereals
-0.77Rnk 775 / 1025
2022
Imports
$597MWorld Rnk 1 / 218
Flag Rnk 495 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $168M in Processed Cereals, making it the 3rd largest exporter of Processed Cereals in the world. At the same year, Processed Cereals was the 630th most exported product in United States. The main destination of Processed Cereals exports from United States are: Mexico ($87.3M), Canada ($41.5M), Japan ($5.53M), Nigeria ($5.44M), and Israel ($4.94M).

The fastest growing export markets for Processed Cereals of United States between 2021 and 2022 were Canada ($18M), Mexico ($17.1M), and Nigeria ($4.11M).

Imports In 2022, United States imported $597M in Processed Cereals, becoming the 1st largest importer of Processed Cereals in the world. At the same year, Processed Cereals was the 495th most imported product in United States. United States imports Processed Cereals primarily from: Canada ($472M), Turkey ($83.7M), Ireland ($8.84M), Chile ($5.68M), and Mexico ($3.53M).

The fastest growing import markets in Processed Cereals for United States between 2021 and 2022 were Canada ($173M), Ireland ($5.56M), and Turkey ($3.75M).

COMPANIES In 2023, leading companies such as Walmart (6), Riviana Foods (5), and Loblaws Supermarkets (5) were at the forefront of shipping Processed Cereals to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-4.07M(-24.3%)
IMPORT GROWTH (August 2023 - August 2024)$-53.1k(-0.13%)
MAIN EXPORTER (August 2024)Texas$13.1M
MAIN DESTINATION (August 2024)Mexico$7.71M

This section shows Processed 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 Processed Cereals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$168M
IMPORTS (2022)$597M
NET TRADE (2022)-$429M

In 2022, United States exported $168M in Processed Cereals. The main destinations of United States exports on Processed Cereals were Mexico ($87.3M), Canada ($41.5M), Japan ($5.53M), Nigeria ($5.44M), and Israel ($4.94M).

In 2022, United States imported $597M in Processed Cereals, mainly from Canada ($472M), Turkey ($83.7M), Ireland ($8.84M), Chile ($5.68M), and Mexico ($3.53M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Cereals EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$18M (76.7%)
Mexico$17.1M (24.4%)
Nigeria$4.11M (311%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Cereals BY United States WERE (2021 - 2022):
Saudi Arabia-$1.99M (-94.7%)
Japan-$814k (-12.8%)
Philippines-$686k (-61.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Processed Cereals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $1.53M
TOP IMPORT POTENTIALChile+ $4.47M

Processed Cereals’s highest export potential is Japan. With an export gap of $1.53M.   Processed Cereals’s highest import potential is Chile with an import gap of $4.47M.

See methodology.

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