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Overview This page contains the latest trade data of Cereals. In 2021, Cereals were the world's 25th most traded product, with a total trade of $159B. Between 2020 and 2021 the exports of Cereals grew by 23.1%, from $129B to $159B. Trade in Cereals represent 0.76% of total world trade.

Cereals are a part of Vegetable Products. They include Wheat, Corn, Rice, Barley, Sorghum, Buckwheat, Oats, and Rye.

Exports In 2021 the top exporters of Cereals  were United States ($30.9B), Ukraine ($13B), Argentina ($12.9B), India ($12.8B), and Russia ($10.8B).

Imports In 2021 the top importers of Cereals were China ($18B), Egypt ($6.86B), Mexico ($6.81B), Japan ($6.47B), and Vietnam ($4.59B).

Ranking Cereals ranks 74th in the Product Complexity Index (PCI).

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Cereals. 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)United States$30.9B
Top Destination (2021)China$18B

In 2021 Cereals were the world's 25th most traded product (out of 96).

In 2021, the top exporters of Cereals were United States ($30.9B), Ukraine ($13B), Argentina ($12.9B), India ($12.8B), and Russia ($10.8B).

In 2021, the top importers of Cereals were China ($18B), Egypt ($6.86B), Mexico ($6.81B), Japan ($6.47B), and Vietnam ($4.59B).

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Exporters of Cereals (2021)
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Importers of Cereals (2021)
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Market Dynamics

Color
Top Origin Growth (2020 -  2021)United States$10.6B
Top Destination Growth (2020 -  2021)China$7.03B

Between 2020 and 2021, the exports of Cereals grew the fastest in United States ($10.6B), Australia ($6.28B), India ($3.87B), Argentina ($3.47B), and Ukraine ($2.54B).

Between 2020 and 2021, the fastest growing importers of Cereals were China ($7.03B), Mexico ($2.31B), Bangladesh ($1.66B), Vietnam ($1.57B), and Japan ($1.48B).

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Exporters of Cereals (2020 - 2021)

Importers of Cereals (2020 - 2021)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Cereals.

In 2021, market concentration measured using Shannon Entropy, was 4.45. This means that most of the exports of Cereals are explained by 21 countries.

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Value of Exports in Cereals

Net Trade

TOP NET EXPORTER (2021)United States$28.6B
TOP NET IMPORTER (2021)China$16.8B

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

In 2021, the countries that had a largest trade value in exports than in imports of Cereals were United States ($28.6B), Argentina ($12.9B), Ukraine ($12.8B), India ($12.7B), and Russia ($10.5B).

In 2021, the countries that had a largest trade value in imports than in exports of Cereals were China ($16.8B), Egypt ($6.85B), Mexico ($6.69B), Japan ($6.4B), and South Korea ($4.53B).

Net Trade (2021)

Disaggregation

Value
Disaggregation

In 2021, the world most traded Cereals, disaggragated by their HS6 level were Wheat ($61.8B), Corn ($52.3B), Rice ($28.4B), Barley ($10.6B), and Sorghum ($3.3B)

HS6 Disaggregation for Cereals (2021)
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Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Cereals 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)

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