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Products of the milling industry; malt, starches, inulin, wheat gluten

11 (Harmonized System 1992 for 2-digit)

2023
World Trade $29.4BRnk 68 / 96
2023
Top Exporter | Top Importer $2.58B | $2.82BGermany | United States
2023
Product Complexity -0.6Rnk 68 / 96
2022 - 2023
Export Growth (CAGR) 0.79%Rnk 25 / 96
2023
Share of World Trade 0.13%Rnk 68 / 96

About

Overview This page contains the latest trade data of Products of the milling industry. In 2023, Products of the milling industry were the world's 68th most traded product, with a total trade of $29.4B. Between 2022 and 2023 the exports of Products of the milling industry grew by 0.79%, from $29.1B to $29.4B. Trade in Products of the milling industry represent 0.13% of total world trade.

Products of the milling industry are a part of Vegetable Products. They include Wheat Flours, Malt, Starches, Processed Cereals, Wheat Gluten, Cereal Meal and Pellets, Cereal Flours, Potato Flours, and Legume Flours.

Exports In 2023 the top exporters of Products of the milling industry  were Germany ($2.58B), Turkey ($1.92B), Belgium ($1.81B), Thailand ($1.78B), and France ($1.71B).

Imports In 2023 the top importers of Products of the milling industry were United States ($2.82B), China ($2.08B), Netherlands ($1.21B), Brazil ($1.11B), and Germany ($1.04B).

Ranking Products of the milling industry ranks 68th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Products of the milling industry. 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 (2023)Germany$2.58B
Top Destination (2023)United States$2.82B

In 2023 Products of the milling industry were the world's 68th most traded product (out of 96).

In 2023, the top exporters of Products of the milling industry were Germany ($2.58B), Turkey ($1.92B), Belgium ($1.81B), Thailand ($1.78B), and France ($1.71B).

In 2023, the top importers of Products of the milling industry were United States ($2.82B), China ($2.08B), Netherlands ($1.21B), Brazil ($1.11B), and Germany ($1.04B).

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Exporters of Products of the milling industry (2023)
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Importers of Products of the milling industry (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$341M
Top Destination Growth (2022 -  2023)Sudan$233M

Between 2022 and 2023, the exports of Products of the milling industry grew the fastest in Germany ($341M), Egypt ($270M), France ($227M), Belgium ($205M), and Uzbekistan ($178M).

Between 2022 and 2023, the fastest growing importers of Products of the milling industry were Sudan ($233M), Netherlands ($135M), Germany ($116M), Italy ($114M), and France ($110M).

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Exporters of Products of the milling industry (2022 - 2023)

Importers of Products of the milling industry (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Products of the milling industry.

In 2023, market concentration measured using Shannon Entropy, was 5.31. This means that most of the exports of Products of the milling industry are explained by 39 countries.

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Value of Exports in Products of the milling industry

Net Trade

TOP NET EXPORTER (2023)Turkey$1.67B
TOP NET IMPORTER (2023)United States$1.68B

This map shows which countries export or import more of Products of the milling industry. Each country is colored based on the difference in exports and imports of Products of the milling industry during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Products of the milling industry were Turkey ($1.67B), Germany ($1.54B), Thailand ($1.32B), Belgium ($1.1B), and Canada ($1.07B).

In 2023, the countries that had a largest trade value in imports than in exports of Products of the milling industry were United States ($1.68B), China ($1B), Brazil ($989M), Afghanistan ($841M), and Iraq ($623M).

Net Trade (2023)

Disaggregation

Value
Disaggregation

In 2023, the world most traded Products of the milling industry, disaggragated by their HS6 level were Wheat Flours ($6.79B), Starches ($6.52B), Malt ($5.51B), Processed Cereals ($2.8B), and Wheat Gluten ($2.39B)

HS6 Disaggregation for Products of the milling industry (2023)
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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 Products of the milling industry.
It is possible to select the main countries that export or import Products of the milling industry in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Products of the milling industry by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $5.39M
TOP IMPORT POTENTIALIndia+ $5.5M

Products of the milling industry’s highest export potential is China. With an export gap of $5.39M.  Products of the milling industry’s highest import potential is India with an import gap of $5.5M.

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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 (2023)

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