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2023
Exports $631MWorld Rnk 3 / 190
Flag Rnk 110 / 1216
2023
Destination $15.6M Ireland
2022 - 2023
FASTEST GROWING MARKET $15.6MIreland
2023
PRODUCT COMPLEXITY IN Prepared Cereals-0.41Rnk 670 / 1025
2023
Imports $469MWorld Rnk 5 / 224
Flag Rnk 252 / 1214
2023
Origin $39.3M Germany
2022 - 2023
FASTEST GROWING ORIGIN $39.3MGermany
2023
ECONOMIC COMPLEXITY of United Kingdom1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $631M in Prepared Cereals, making it the 3rd largest exporter of Prepared Cereals in the world. At the same year, Prepared Cereals was the 110th most exported product in United Kingdom. The main destination of Prepared Cereals exports from United Kingdom are: Ireland ($142M), Germany ($47M), France ($38.8M), Saudi Arabia ($36.2M), and United Arab Emirates ($35.7M).

The fastest growing export markets for Prepared Cereals of United Kingdom between 2022 and 2023 were Ireland ($15.6M), Spain ($9.29M), and Belgium ($8.26M).

Imports In 2023, United Kingdom imported $469M in Prepared Cereals, becoming the 5th largest importer of Prepared Cereals in the world. At the same year, Prepared Cereals was the 252nd most imported product in United Kingdom. United Kingdom imports Prepared Cereals primarily from: Germany ($135M), Poland ($59M), Spain ($47.4M), France ($45M), and Belgium ($41.5M).

The fastest growing import markets in Prepared Cereals for United Kingdom between 2022 and 2023 were Germany ($39.3M), Poland ($9.6M), and Spain ($9.53M).

COMPANIES In 2023, leading companies such as Riviana Foods (9) and Amazon (1) were at the forefront of shipping Prepared Cereals from United Kingdom to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United Kingdom's Prepared Cereals exports accounted up to £43.6M and imports accounted up to £31.7M, resulting in a positive trade balance of £11.9M. Between November 2023 and November 2024 the exports of United Kingdom's   Prepared Cereals have decreased by £-2.26M (-4.92%) from £45.8M to £43.6M, while imports decreased by £-697k (-2.15%) from £32.4M to £31.7M.

Destinations In November 2024, Prepared Cereals were exported mostly to Ireland (£8.73M), Germany (£3.25M), Belgium (£3.22M), United Arab Emirates (£3.07M), and France (£2.79M), and were imported mostly from Germany (£7.91M), Belgium (£5.5M), Poland (£3.32M), France (£2.76M), and Lithuania (£2.56M).

Growth In November 2024, the decrease in Prepared Cereals's year-by-year exports was explained primarily by a decrease in exports to United Arab Emirates (£-1.19M or -34.9%), United States (£-995k or -45.1%), and Australia (£-332k or -17.6%). In November 2024, the decrease in Prepared Cereals's year-by-year imports was explained primarily by a decrease in imports from France (£-1.35M or -44.5%), Switzerland (£-261k or -42.9%), and Portugal (£-212k or -95.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)£-2.26M(-4.92%)
IMPORT GROWTH (November 2023 - November 2024)£-697k(-2.15%)
MAIN EXPORTER (November 2024)Liverpool£11.6M
MAIN DESTINATION (November 2024)Ireland£8.73M

This section shows Prepared Cereals's exports and imports data at subnational level for United Kingdom. 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 Prepared Cereals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$631M
IMPORTS (2023)$469M
NET TRADE (2023)$161M

In 2023, United Kingdom exported $631M in Prepared Cereals. The main destinations of United Kingdom exports on Prepared Cereals were Ireland ($142M), Germany ($47M), France ($38.8M), Saudi Arabia ($36.2M), and United Arab Emirates ($35.7M).

In 2023, United Kingdom imported $469M in Prepared Cereals, mainly from Germany ($135M), Poland ($59M), Spain ($47.4M), France ($45M), and Belgium ($41.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Prepared Cereals EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
Ireland$15.6M (12.3%)
Spain$9.29M (41%)
Belgium$8.26M (30.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prepared Cereals BY United Kingdom WERE (2022 - 2023):
United States-$20.7M (-65.4%)
Australia-$13.1M (-50.3%)
Canada-$3.99M (-34.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United Kingdom's main exporting competitors in Prepared Cereals were:
Germany $937M
United States $817M
In 2023, United Kingdom's main importing competitors in Prepared Cereals were:
United States $981M
Canada $636M
Germany $586M

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Trade Value of Prepared Cereals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $14.9M
TOP IMPORT POTENTIALFrance+ $8.03M

Prepared Cereals’s highest export potential is United States. With an export gap of $14.9M.   Prepared Cereals’s highest import potential is France with an import gap of $8.03M.

See methodology.

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