Cereals and vegetable oils

Classification 70 for Standard International Trade Classification (SITC).

Overview This page contains the latest trade data of Cereals and vegetable oils. In 2018, Cereals and vegetable oils were the world's 13th most traded product, with a total trade of $216B. Between 2017 and 2018 the exports of Cereals and vegetable oils grew by 19.9%, from $180B to $216B. Trade in Cereals and vegetable oils represent 1.13% of total world trade.

Cereals and vegetable oils include Food and live animals chiefly for food, Crude materials, inedible, except fuels, Animal and vegetable oils, fats and waxes, and Chemicals and related products, n.e.s..

Exports In 2018 the top exporters of Cereals and vegetable oils  were Brazil ($45.4B), United States ($42.9B), Argentina ($21.1B), Canada ($16.7B), and Ukraine ($14.6B).

Imports In 2018 the top importers of Cereals and vegetable oils were China ($42.3B), Netherlands ($8.91B), Germany ($8.55B), Japan ($8.03B), and Mexico ($7.82B).

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2018): Brazil, $45.4B

Top Destination (2018): China, $42.3B

Cereals and vegetable oils are the world's 13th most traded product.

In 2018, the top exporters of Cereals and vegetable oils were Brazil ($45.4B), United States ($42.9B), Argentina ($21.1B), Canada ($16.7B), and Ukraine ($14.6B).

In 2018, the top importers of Cereals and vegetable oils were China ($42.3B), Netherlands ($8.91B), Germany ($8.55B), Japan ($8.03B), and Mexico ($7.82B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Brazil, $12.4B

Top Destination Growth (2017 - 2018): Vietnam, $5.76B

Between 2017 and 2018, the exports of Cereals and vegetable oils grew the fastest in Brazil ($12.4B), Russia ($7.06B), United States ($3.65B), Ukraine ($2.24B), and France ($1.94B).

Between 2017 and 2018, the fastest growing importers of Cereals and vegetable oils were Vietnam ($5.76B), Saudi Arabia ($3.93B), Egypt ($3.22B), Thailand ($3.15B), and Bangladesh ($2.71B).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Cereals and vegetable oils.

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TOP NET EXPORTER (2018): Brazil, $43.4B

TOP NET IMPORTER (2018): China, $40.3B

This map shows which countries export or import more of Cereals and vegetable oils. Each country is colored based on the difference in exports and imports of Cereals and vegetable oils during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Cereals and vegetable oils were Brazil ($43.4B), United States ($38.1B), Argentina ($18.5B), Canada ($15.1B), and Ukraine ($14.1B).

In 2018, the countries that had a largest trade value in imports than in exports of Cereals and vegetable oils were China ($40.3B), Japan ($7.99B), Mexico ($7.14B), Egypt ($6.1B), and Spain ($5.46B).

Disaggregation

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Value

In 2018, the world most traded Cereals and vegetable oils, disaggragated by their HS6 level were Food and live animals chiefly for... ($115B), Crude materials, inedible, except fuels ($77.6B), Animal and vegetable oils, fats and... ($18.3B), and Chemicals and related products, n.e.s. ($4.67B)