2022
Exports
$4.94BWorld Rnk 6 / 218
Flag Rnk 44 / 96
2022
PRODUCT COMPLEXITY IN Preparations of cereals, flour, starch or milk
0.015Rnk 542 / 1025
2022
Imports
$13.4BWorld Rnk 1 / 226
Flag Rnk 34 / 96
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $4.94B in Preparations of cereals, flour, starch or milk, making it the 6th largest exporter of Preparations of cereals, flour, starch or milk in the world. At the same year, Preparations of cereals, flour, starch or milk was the 44th most exported product in United States. The main destination of Preparations of cereals, flour, starch or milk exports from United States are: Canada ($3.03B), Mexico ($496M), Japan ($109M), South Korea ($89.4M), and Australia ($65.9M).

The fastest growing export markets for Preparations of cereals, flour, starch or milk of United States between 2021 and 2022 were Canada ($452M), Mexico ($56.6M), and Kenya ($16.4M).

Imports In 2022, United States imported $13.4B in Preparations of cereals, flour, starch or milk, becoming the 1st largest importer of Preparations of cereals, flour, starch or milk in the world. At the same year, Preparations of cereals, flour, starch or milk was the 34th most imported product in United States. United States imports Preparations of cereals, flour, starch or milk primarily from: Canada ($5.89B), Mexico ($2.54B), Italy ($1.07B), South Korea ($372M), and France ($302M).

The fastest growing import markets in Preparations of cereals, flour, starch or milk for United States between 2021 and 2022 were Canada ($1.1B), Mexico ($498M), and Italy ($221M).

COMPANIES In 2023, leading companies such as Dole Fresh Fruit (16.1k), Prodotti Mediterranei (1.87k), and Barilla (1.37k) were at the forefront of shipping Preparations of cereals, flour, starch or milk to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$2.39M(0.55%)
IMPORT GROWTH (June 2023 - June 2024)$169M(15.3%)
MAIN EXPORTER (June 2024)California$60.6M
MAIN DESTINATION (June 2024)Canada$278M

This section shows Preparations of cereals, flour, starch or milk's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Preparations of cereals, flour, starch or milk over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.94B
IMPORTS (2022)$13.4B
NET TRADE (2022)-$8.46B

In 2022, United States exported $4.94B in Preparations of cereals, flour, starch or milk. The main destinations of United States exports on Preparations of cereals, flour, starch or milk were Canada ($3.03B), Mexico ($496M), Japan ($109M), South Korea ($89.4M), and Australia ($65.9M).

In 2022, United States imported $13.4B in Preparations of cereals, flour, starch or milk, mainly from Canada ($5.89B), Mexico ($2.54B), Italy ($1.07B), South Korea ($372M), and France ($302M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Preparations of cereals, flour, starch or milk EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$452M (17.5%)
Mexico$56.6M (12.9%)
Kenya$16.4M (20.7k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Preparations of cereals, flour, starch or milk BY United States WERE (2021 - 2022):
Burkina Faso-$25.2M (-92.2%)
United Arab Emirates-$11M (-22.1%)
Djibouti-$10.7M (-77%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Preparations of cereals, flour, starch or milk were:
In 2022, United States's main importing competitors in Preparations of cereals, flour, starch or milk were:
China $6.2B
Germany $5.84B

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Trade Value of Preparations of cereals, flour, starch or milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $52.2M
TOP IMPORT POTENTIALGermany+ $151M

Preparations of cereals, flour, starch or milk’s highest export potential is China. With an export gap of $52.2M.   Preparations of cereals, flour, starch or milk’s highest import potential is Germany with an import gap of $151M.

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