Overview: In 2018, Processed Cereals were the world's 775th most traded product, with a total trade of $1.74B. Between 2017 and 2018 the exports of Processed Cereals grew by 17%, from $1.49B to $1.74B. Trade in Processed Cereals represent 0.0095% of total world trade.
Exports: In 2018 the top exporters of Processed Cereals were Canada ($302M), Germany ($162M), Turkey ($120M), United Kingdom ($107M), and United States ($106M).
Imports: In 2018 the top importers of Processed Cereals were United States ($313M), Ghana ($129M), Netherlands ($96M), Germany ($86.5M), and Mexico ($65.2M).
Tariffs: In 2018 the average tariff for Processed Cereals was 45.3%, been the 5 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Processed Cereals are Austria (653%), South Korea (384%), Latvia (46%), Turkey (43.7%), and Estonia (41.9%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Maldives (0%), Singapore (0%), and Switzerland (0%).
Ranking: Processed Cereals ranks 707th in the Product Complexity Index (PCI).