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Preparations of cereals, flour, starch or milk; pastrycooks' products

19 (Harmonized System 1992 for 2-digit)

2022
World Trade $96.4BRnk 39 / 96
2022
Top Exporter | Top Importer $8.39B | $13.4BGermany | United States
2022
Product Complexity 0.32Rnk 38 / 96
2021 - 2022
Export Growth (CAGR) 10.3%Rnk 33 / 96
2022
Share of World Trade 0.41%Rnk 39 / 96

About

Overview This page contains the latest trade data of Preparations of cereals, flour, starch or milk. In 2022, Preparations of cereals, flour, starch or milk were the world's 39th most traded product, with a total trade of $96.4B. Between 2021 and 2022 the exports of Preparations of cereals, flour, starch or milk grew by 10.3%, from $87.4B to $96.4B. Trade in Preparations of cereals, flour, starch or milk represent 0.41% of total world trade.

Preparations of cereals, flour, starch or milk are a part of Foodstuffs. They include Baked Goods, Malt Extract, Pasta, Prepared Cereals, and Tapioca.

Exports In 2022 the top exporters of Preparations of cereals, flour, starch or milk  were Germany ($8.39B), Italy ($8.09B), Netherlands ($6.74B), Canada ($6.17B), and France ($5.82B).

Imports In 2022 the top importers of Preparations of cereals, flour, starch or milk were United States ($13.4B), China ($6.2B), Germany ($5.84B), United Kingdom ($5.43B), and France ($4.8B).

Ranking Preparations of cereals, flour, starch or milk ranks 38th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Preparations of cereals, flour, starch or milk. Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Germany$8.39B
Top Destination (2022)United States$13.4B

In 2022 Preparations of cereals, flour, starch or milk were the world's 39th most traded product (out of 96).

In 2022, the top exporters of Preparations of cereals, flour, starch or milk were Germany ($8.39B), Italy ($8.09B), Netherlands ($6.74B), Canada ($6.17B), and France ($5.82B).

In 2022, the top importers of Preparations of cereals, flour, starch or milk were United States ($13.4B), China ($6.2B), Germany ($5.84B), United Kingdom ($5.43B), and France ($4.8B).

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Exporters of Preparations of cereals, flour, starch or milk (2022)
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Importers of Preparations of cereals, flour, starch or milk (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Canada$1.14B
Top Destination Growth (2021 -  2022)United States$2.56B

Between 2021 and 2022, the exports of Preparations of cereals, flour, starch or milk grew the fastest in Canada ($1.14B), Netherlands ($908M), Poland ($903M), Italy ($682M), and United States ($581M).

Between 2021 and 2022, the fastest growing importers of Preparations of cereals, flour, starch or milk were United States ($2.56B), United Kingdom ($637M), China ($619M), Canada ($605M), and Kuwait ($458M).

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Exporters of Preparations of cereals, flour, starch or milk (2021 - 2022)

Importers of Preparations of cereals, flour, starch or milk (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Preparations of cereals, flour, starch or milk.

In 2022, market concentration measured using Shannon Entropy, was 5.23. This means that most of the exports of Preparations of cereals, flour, starch or milk are explained by 37 countries.

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Value of Exports in Preparations of cereals, flour, starch or milk

Net Trade

TOP NET EXPORTER (2022)Italy$6.06B
TOP NET IMPORTER (2022)United States$8.46B

This map shows which countries export or import more of Preparations of cereals, flour, starch or milk. Each country is colored based on the difference in exports and imports of Preparations of cereals, flour, starch or milk during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Preparations of cereals, flour, starch or milk were Italy ($6.06B), Netherlands ($3.36B), Germany ($2.56B), Poland ($2.47B), and Mexico ($2.38B).

In 2022, the countries that had a largest trade value in imports than in exports of Preparations of cereals, flour, starch or milk were United States ($8.46B), China ($3.7B), United Kingdom ($3.09B), Iraq ($967M), and Australia ($868M).

Net Trade (2022)

Disaggregation

Value
Disaggregation

In 2022, the world most traded Preparations of cereals, flour, starch or..., disaggragated by their HS6 level were Baked Goods ($48.4B), Malt Extract ($25.5B), Pasta ($14.4B), Prepared Cereals ($7.83B), and Tapioca ($220M)

HS6 Disaggregation for Preparations of cereals, flour, starch or milk (2022)
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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 Preparations of cereals, flour, starch or milk.
It is possible to select the main countries that export or import Preparations of cereals, flour, starch or milk in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Preparations of cereals, flour, starch or milk by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited Kingdom+ $42.6M
TOP IMPORT POTENTIALMexico+ $41.2M

Preparations of cereals, flour, starch or milk’s highest export potential is United Kingdom. With an export gap of $42.6M.  Preparations of cereals, flour, starch or milk’s highest import potential is Mexico with an import gap of $41.2M.

See methodology.

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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 (2022)

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