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Prepared foods obtained by swelling or roasting cereals or cereal products (e.g. corn flakes); cereals (other than maize (corn)) in grain form or in the form of flakes or other worked grains (not flour and meal), pre-cooked or otherwise prepared, n.e.c.

1904 (Harmonized System 1992 for 4-digit)

2022
World Trade $7.83BRnk 437 / 1218
2022
Top Exporter | Top Importer $784M | $1.03BGermany | United States
2022
Product Complexity -0.33Rnk 665 / 1033
2021 - 2022
Export Growth (CAGR) 5.12%Rnk 615 / 1218
2022
Share of World Trade 0.033%Rnk 437 / 1218

About

Overview This page contains the latest trade data of Prepared Cereals. In 2022, Prepared Cereals were the world's 437th most traded product, with a total trade of $7.83B. Between 2021 and 2022 the exports of Prepared Cereals grew by 5.12%, from $7.45B to $7.83B. Trade in Prepared Cereals represent 0.033% of total world trade.

Prepared Cereals are a part of Preparations of cereals, flour, starch or milk. They include Cereal foods obtained by swelling, roasting of cereal and Cereals, except maize grain, prepared nes.

Exports In 2022 the top exporters of Prepared Cereals  were Germany ($784M), United States ($747M), United Kingdom ($648M), Poland ($495M), and Spain ($431M).

Imports In 2022 the top importers of Prepared Cereals were United States ($1.03B), Canada ($606M), Germany ($513M), France ($403M), and United Kingdom ($367M).

Ranking Prepared Cereals ranks 665th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Prepared 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.

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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$784M
Top Destination (2022)United States$1.03B

In 2022 Prepared Cereals were the world's 437th most traded product (out of 1,218).

In 2022, the top exporters of Prepared Cereals were Germany ($784M), United States ($747M), United Kingdom ($648M), Poland ($495M), and Spain ($431M).

In 2022, the top importers of Prepared Cereals were United States ($1.03B), Canada ($606M), Germany ($513M), France ($403M), and United Kingdom ($367M).

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Exporters of Prepared Cereals (2022)
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Importers of Prepared Cereals (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$105M
Top Destination Growth (2021 -  2022)Canada$118M

Between 2021 and 2022, the exports of Prepared Cereals grew the fastest in United States ($105M), Turkey ($44.9M), Canada ($41.7M), China ($26M), and Australia ($21.1M).

Between 2021 and 2022, the fastest growing importers of Prepared Cereals were Canada ($118M), United States ($95.7M), Germany ($32.5M), Dominican Republic ($19.4M), and China ($18.2M).

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Exporters of Prepared Cereals (2021 - 2022)

Importers of Prepared Cereals (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.95. This means that most of the exports of Prepared Cereals are explained by 30 countries.

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Value of Exports in Prepared Cereals

Net Trade

TOP NET EXPORTER (2022)Poland$402M
TOP NET IMPORTER (2022)United States$284M

This map shows which countries export or import more of Prepared Cereals. Each country is colored based on the difference in exports and imports of Prepared Cereals during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Prepared Cereals were Poland ($402M), United Kingdom ($281M), Germany ($271M), Mexico ($270M), and Turkey ($211M).

In 2022, the countries that had a largest trade value in imports than in exports of Prepared Cereals were United States ($284M), Canada ($190M), Ireland ($158M), Saudi Arabia ($129M), and Italy ($121M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Prepared Cereals, disaggragated by their HS6 level were Cereal foods obtained by swelling, roasting... ($6.15B) and Cereals, except maize grain, prepared nes ($1.68B)

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

Top 10 Exporters Countries of Prepared Cereals by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited Kingdom+ $6.77M
TOP IMPORT POTENTIALGermany+ $15.7M

Prepared Cereals’s highest export potential is United Kingdom. With an export gap of $6.77M.  Prepared Cereals’s highest import potential is Germany with an import gap of $15.7M.

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)

Related Products

This visualization shows products that are likely to be exported by countries that export Prepared Cereals.

Country by Relatedness

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

Relative Relatedness by Country (2022)

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