Wheat Flours1101 (Harmonized System 1992 for 4-digit)
World Trade (2018): $4.85B, Rnk 513 / 1225
Top Exporter (2018): $1.01B, Turkey
Top Importer (2018): $540M, Iraq
Product Complexity (2018): -1.33, Rnk 909 / 1018
Export Growth (CAGR)(2017 - 2018): 8.53%, Rnk 842 / 1225
Mean Tariff (2018): 22.2%, Rnk 88 / 1259
Share of World Trade (2018): 0.026%, Rnk 513 / 1225
Overview: This page contains the latest trade data of Wheat Flours. In 2018, Wheat Flours were the world's 513th most traded product, with a total trade of $4.85B. Between 2017 and 2018 the exports of Wheat Flours grew by 8.53%, from $4.46B to $4.85B. Trade in Wheat Flours represent 0.026% of total world trade.
Exports: In 2018 the top exporters of Wheat Flours were Turkey ($1.01B), Kazakhstan ($448M), Germany ($341M), Egypt ($202M), and Argentina ($194M).
Imports: In 2018 the top importers of Wheat Flours were Iraq ($540M), Afghanistan ($477M), Netherlands ($240M), United States ($198M), and France ($152M).
Tariffs: In 2018 the average tariff for Wheat Flours was 22.2%, been the 88 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Wheat Flours are Turkey (95.4%), Belize (67.9%), Morocco (62.5%), Cyprus (60.8%), and Turkmenistan (50%). The countries with the lowest tariffs are Angola (0%), South Africa (0%), United Arab Emirates (0%), Hong Kong (0%), and Kuwait (0%).
Ranking: Wheat Flours ranks 909th in the Product Complexity Index (PCI).
Trade By Country
Wheat Flours are the world's 513th most traded product.
In 2018, the top exporters of Wheat Flours were Turkey ($1.01B), Kazakhstan ($448M), Germany ($341M), Egypt ($202M), and Argentina ($194M).
In 2018, the top importers of Wheat Flours were Iraq ($540M), Afghanistan ($477M), Netherlands ($240M), United States ($198M), and France ($152M).
Trade by country
Between 2017 and 2018, the exports of Wheat Flours grew the fastest in Egypt ($82.9M), Uzbekistan ($70.1M), Germany ($37.7M), United Kingdom ($36.5M), and China ($33M).
Between 2017 and 2018, the fastest growing importers of Wheat Flours were Yemen ($87.3M), Afghanistan ($57.6M), Democratic Republic of the Congo ($32.7M), Palestine ($32.5M), and Thailand ($31.9M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Wheat Flours.
In 2018, market concentration measured using Shannon Entropy, was 4.94. This means that most of the exports of Wheat Flours are explained by 30 countries.
This map shows which countries export or import more of Wheat Flours. Each country is colored based on the difference in exports and imports of Wheat Flours during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Wheat Flours were Turkey ($1.01B), Kazakhstan ($446M), Germany ($278M), Egypt ($200M), and Argentina ($194M).
In 2018, the countries that had a largest trade value in imports than in exports of Wheat Flours were Iraq ($540M), Netherlands ($168M), Yemen ($141M), Angola ($136M), and Syria ($109M).
In 2018, the average tariff for importing Wheat Flours was 22.2%. The countries with the highest tariffs for importing Wheat Flours were Turkey (95.4%), Belize (67.9%), Morocco (62.5%), Cyprus (60.8%), and Turkmenistan (50%).
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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