Bread, pastry, cakes, biscuits, other bakers' wares, whether or not containing cocoa; communion wafers, empty cachets suitable for pharmaceutical use, sealing wafers, rice paper and similar products

1905 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Baked Goods. In 2021, Baked Goods were the world's 100th most traded product, with a total trade of $43.5B. Between 2020 and 2021 the exports of Baked Goods grew by 16%, from $37.5B to $43.5B. Trade in Baked Goods represent 0.21% of total world trade.

Baked Goods are a part of Preparations of cereals, flour, starch or milk. They include Communion wafers, rice paper, bakers wares nes, Sweet biscuits, waffles and wafers, Rusks, toasted bread and similar toasted products, Crispbread, and Gingerbread and the like.

Exports In 2021 the top exporters of Baked Goods  were Germany ($4.64B), Canada ($3.78B), Italy ($3.42B), France ($2.77B), and Belgium ($2.35B).

Imports In 2021 the top importers of Baked Goods were United States ($7.47B), Germany ($3.12B), United Kingdom ($2.79B), France ($2.64B), and Canada ($1.72B).

Ranking Baked Goods ranks 652nd in the Product Complexity Index (PCI).

Latest Data

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The following visualization shows the latest trends on Baked Goods. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Exporters and Importers

Top Origin (2021)Germany$4.64B
Top Destination (2021)United States$7.47B

In 2021 Baked Goods were the world's 100th most traded product (out of 1,217).

In 2021, the top exporters of Baked Goods were Germany ($4.64B), Canada ($3.78B), Italy ($3.42B), France ($2.77B), and Belgium ($2.35B).

In 2021, the top importers of Baked Goods were United States ($7.47B), Germany ($3.12B), United Kingdom ($2.79B), France ($2.64B), and Canada ($1.72B).

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Exporters of Baked Goods (2021)
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Importers of Baked Goods (2021)
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Market Dynamics

Color
Top Origin Growth (2020 -  2021)Italy$663M
Top Destination Growth (2020 -  2021)United States$1.29B

Between 2020 and 2021, the exports of Baked Goods grew the fastest in Italy ($663M), Canada ($641M), France ($486M), Belgium ($429M), and Netherlands ($349M).

Between 2020 and 2021, the fastest growing importers of Baked Goods were United States ($1.29B), Germany ($432M), France ($367M), Belgium ($298M), and China ($236M).

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Exporters of Baked Goods (2020 - 2021)

Importers of Baked Goods (2020 - 2021)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Baked Goods.

In 2021, market concentration measured using Shannon Entropy, was 5.1. This means that most of the exports of Baked Goods are explained by 34 countries.

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Value of Exports in Baked Goods

Net Trade

TOP NET EXPORTER (2021)Italy$2.33B
TOP NET IMPORTER (2021)United States$5.33B

This map shows which countries export or import more of Baked Goods. Each country is colored based on the difference in exports and imports of Baked Goods during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Baked Goods were Italy ($2.33B), Canada ($2.06B), Mexico ($1.52B), Germany ($1.52B), and Poland ($1.2B).

In 2021, the countries that had a largest trade value in imports than in exports of Baked Goods were United States ($5.33B), United Kingdom ($1.61B), Australia ($624M), Switzerland ($465M), and China ($461M).

Net Trade (2021)

Disaggregation

Value

In 2021, the world most traded Baked Goods, disaggragated by their HS6 level were Communion wafers, rice paper, bakers wares... ($26.8B), Sweet biscuits, waffles and wafers ($14.6B), Rusks, toasted bread and similar toasted... ($1.08B), Crispbread ($526M), and Gingerbread and the like ($394M)

HS6 Disaggregation for Baked Goods (2021)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Baked Goods.
It is possible to select the main countries that export or import Baked Goods in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Baked Goods by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2021)

Country by Relatedness

The following visualization shows the relatedness of Baked Goods to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2021)

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