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2022
Exports $648MWorld Rnk 3 / 181
Flag Rnk 115 / 1216
2022
Destination $7.11M Ireland
2021 - 2022
FASTEST GROWING MARKET $7.11MSaudi Arabia
2022
PRODUCT COMPLEXITY IN Prepared Cereals-0.43Rnk 681 / 1025
2022
Imports $367MWorld Rnk 5 / 223
Flag Rnk 324 / 1214
2022
Origin $4.02M Germany
2021 - 2022
FASTEST GROWING ORIGIN $4.02MDenmark
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $648M in Prepared Cereals, making it the 3rd largest exporter of Prepared Cereals in the world. At the same year, Prepared Cereals was the 115th most exported product in United Kingdom. The main destination of Prepared Cereals exports from United Kingdom are: Ireland ($119M), Germany ($47.1M), United Arab Emirates ($46.3M), Saudi Arabia ($38.3M), and France ($35.7M).

The fastest growing export markets for Prepared Cereals of United Kingdom between 2021 and 2022 were Saudi Arabia ($7.11M), Kuwait ($6.46M), and United States ($4.06M).

Imports In 2022, United Kingdom imported $367M in Prepared Cereals, becoming the 5th largest importer of Prepared Cereals in the world. At the same year, Prepared Cereals was the 324th most imported product in United Kingdom. United Kingdom imports Prepared Cereals primarily from: Germany ($97.6M), Poland ($46.3M), Belgium ($39.7M), France ($35M), and Spain ($33.5M).

The fastest growing import markets in Prepared Cereals for United Kingdom between 2021 and 2022 were Denmark ($4.02M), Belgium ($3.98M), and United States ($3.77M).

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

August 2024

About

Overview In August 2024 United Kingdom's Prepared Cereals exports accounted up to £47M and imports accounted up to £33.9M, resulting in a positive trade balance of £13.1M. Between August 2023 and August 2024 the exports of United Kingdom's   Prepared Cereals have decreased by £-3.3M (-6.56%) from £50.3M to £47M, while imports increased by £1.71M (5.31%) from £32.2M to £33.9M.

Destinations In August 2024, Prepared Cereals were exported mostly to Ireland (£13.8M), Belgium (£3.98M), United Arab Emirates (£3.77M), Germany (£2.88M), and France (£2.54M), and were imported mostly from Germany (£8.12M), Belgium (£5.08M), Spain (£4.26M), Poland (£3.44M), and Lithuania (£2.78M).

Growth In August 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 August 2024, the increase in Prepared Cereals's year-by-year imports was explained primarily by an increase in imports from Germany (£4.78M or 111%), Belgium (£2.03M or 86.2%), and Spain (£1.21M or 94.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)£-3.3M(-6.56%)
IMPORT GROWTH (August 2023 - August 2024)£1.71M(5.31%)
MAIN EXPORTER (August 2024)Liverpool£11.6M
MAIN DESTINATION (August 2024)Ireland£13.8M

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 (2022)$648M
IMPORTS (2022)$367M
NET TRADE (2022)$281M

In 2022, United Kingdom exported $648M in Prepared Cereals. The main destinations of United Kingdom exports on Prepared Cereals were Ireland ($119M), Germany ($47.1M), United Arab Emirates ($46.3M), Saudi Arabia ($38.3M), and France ($35.7M).

In 2022, United Kingdom imported $367M in Prepared Cereals, mainly from Germany ($97.6M), Poland ($46.3M), Belgium ($39.7M), France ($35M), and Spain ($33.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Prepared Cereals EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Saudi Arabia$7.11M (22.8%)
Kuwait$6.46M (52.2%)
United States$4.06M (13.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prepared Cereals BY United Kingdom WERE (2021 - 2022):
Netherlands-$9.79M (-28%)
Sweden-$3.66M (-17%)
Germany-$2.99M (-5.96%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Prepared Cereals were:
Germany $784M
United States $747M
In 2022, United Kingdom's main importing competitors in Prepared Cereals were:
United States $1.03B
Canada $606M
Germany $513M

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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.

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