Preparations of cereals, flour, starch or milkPreparations of cereals, flour, starch or milk; pastrycooks' products
19 (Harmonized System 1992 for 2-digit)
2021 World Trade: $88.4B, Rnk 41 / 96
2021 Top Exporter | Top Importer: $7.93B | $10.8B, Germany | United States
2021 Product Complexity: 0.3, Rnk 39 / 96
2020 - 2021 Export Growth (CAGR): 9.62%, Rnk 89 / 96
2018 Mean Tariff: 24.8%, Rnk 6 / 96
2021 Share of World Trade: 0.42%, Rnk 41 / 96
Overview This page contains the latest trade data of Preparations of cereals, flour, starch or milk. In 2021, Preparations of cereals, flour, starch or milk were the world's 41st most traded product, with a total trade of $88.4B. Between 2020 and 2021 the exports of Preparations of cereals, flour, starch or milk grew by 9.62%, from $80.6B to $88.4B. Trade in Preparations of cereals, flour, starch or milk represent 0.42% of total world trade.
Preparations of cereals, flour, starch or milk are a part of Foodstuffs. They include Preparations of cereals, flour, starch or milk.
Exports In 2021 the top exporters of Preparations of cereals, flour, starch or milk were Germany ($7.93B), Italy ($7.44B), Netherlands ($5.88B), France ($5.47B), and Canada ($5.02B).
Imports In 2021 the top importers of Preparations of cereals, flour, starch or milk were United States ($10.8B), China ($6.04B), Germany ($5.53B), United Kingdom ($4.83B), and France ($4.54B).
Tariffs In 2018 the average tariff for Preparations of cereals, flour, starch or milk was 24.8%, making it the 6th lowest tariff using the HS2 product classification.
Ranking Preparations of cereals, flour, starch or milk ranks 39th in the Product Complexity Index (PCI).
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.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (2021): Germany, $7.93B
Top Destination (2021): United States, $10.8B
Preparations of cereals, flour, starch or milk are the world's 41st most traded product.
In 2021, the top exporters of Preparations of cereals, flour, starch or milk were Germany ($7.93B), Italy ($7.44B), Netherlands ($5.88B), France ($5.47B), and Canada ($5.02B).
In 2021, the top importers of Preparations of cereals, flour, starch or milk were United States ($10.8B), China ($6.04B), Germany ($5.53B), United Kingdom ($4.83B), and France ($4.54B).
Trade by country
Top Origin Growth (2020 - 2021): Canada, $829M
Top Destination Growth (2020 - 2021): United States, $1.43B
Between 2020 and 2021, the exports of Preparations of cereals, flour, starch or milk grew the fastest in Canada ($829M), New Zealand ($784M), Italy ($750M), Belgium ($659M), and France ($628M).
Between 2020 and 2021, the fastest growing importers of Preparations of cereals, flour, starch or milk were United States ($1.43B), Germany ($643M), France ($517M), Belgium ($405M), and Italy ($321M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Preparations of cereals, flour, starch or milk.
In 2021, market concentration measured using Shannon Entropy, was 5.24. This means that most of the exports of Preparations of cereals, flour, starch or milk are explained by 37 countries.
TOP NET EXPORTER (2021): Italy, $5.51B
TOP NET IMPORTER (2021): United States, $6.5B
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 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Preparations of cereals, flour, starch or milk were Italy ($5.51B), Netherlands ($2.88B), Germany ($2.4B), New Zealand ($2.01B), and Turkey ($1.94B).
In 2021, the countries that had a largest trade value in imports than in exports of Preparations of cereals, flour, starch or milk were United States ($6.5B), China ($3.74B), United Kingdom ($2.49B), Iraq ($1.02B), and Hong Kong ($1.02B).
In 2021, the world most traded Preparations of cereals, flour, starch or..., disaggragated by their HS6 level were Preparations of cereals, flour, starch or... ($88.4B)
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.
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.
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