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2022
Exports $43.1MWorld Rnk 18 / 158
Flag Rnk 725 / 1217
2022
Destination $2.27M Germany
2021 - 2022
FASTEST GROWING MARKET $2.27MGermany
2022
PRODUCT COMPLEXITY IN Processed Cereals-0.77Rnk 775 / 1025
2022
Imports $77.9MWorld Rnk 8 / 218
Flag Rnk 653 / 1215
2022
Origin $3.18MN/A
2021 - 2022
FASTEST GROWING ORIGIN $3.18MAustria
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $43.1M in Processed Cereals, making it the 18th largest exporter of Processed Cereals in the world. At the same year, Processed Cereals was the 725th most exported product in Italy. The main destination of Processed Cereals exports from Italy are: Germany ($12.2M), Netherlands ($4.51M), Switzerland ($4.08M), Belgium ($3.51M), and United States ($3.28M).

The fastest growing export markets for Processed Cereals of Italy between 2021 and 2022 were Germany ($2.27M), Switzerland ($687k), and Czechia ($540k).

Imports In 2022, Italy imported $77.9M in Processed Cereals, becoming the 8th largest importer of Processed Cereals in the world. At the same year, Processed Cereals was the 653rd most imported product in Italy. Italy imports Processed Cereals primarily from: N/A.

The fastest growing import markets in Processed Cereals for Italy between 2021 and 2022 were Austria ($3.18M), France ($2.21M), and Hungary ($1.42M).

COMPANIES In 2023, leading companies such as Riviana Foods (5) and Prime Line Coffee (4) were at the forefront of shipping Processed Cereals from Italy to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Italy's Processed Cereals exports accounted up to €3.33M and imports accounted up to €5.01M, resulting in a negative trade balance of €1.68M. Between September 2023 and September 2024 the exports of Italy's   Processed Cereals have decreased by €-1.04M (-23.7%) from €4.37M to €3.33M, while imports increased by €446k (9.76%) from €4.57M to €5.01M.

Destinations In September 2024, Processed Cereals were exported mostly to Germany (€1.07M), Netherlands (€335k), France (€326k), Switzerland (€323k), and United States (€262k), and were imported mostly from Hungary (€1.31M), Austria (€1.25M), Germany (€870k), Spain (€771k), and France (€351k).

Growth In September 2024, the decrease in Processed Cereals's year-by-year exports was explained primarily by a decrease in exports to Belgium (€-185k or -59.8%), United States (€-118k or -54.9%), and Austria (€-26k or -63.6%). In September 2024, the increase in Processed Cereals's year-by-year imports was explained primarily by an increase in imports from Spain (€398k or 165%), Slovakia (€126k or 66.7%), and France (€77.2k or 20.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)€-1.04M(-23.7%)
IMPORT GROWTH (September 2023 - September 2024)€446k(9.76%)
MAIN DESTINATION (September 2024)Germany€1.07M

This section shows Processed Cereals's exports and imports data at subnational level for Italy. 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 Processed Cereals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$43.1M
IMPORTS (2022)$77.9M
NET TRADE (2022)-$34.8M

In 2022, Italy exported $43.1M in Processed Cereals. The main destinations of Italy exports on Processed Cereals were Germany ($12.2M), Netherlands ($4.51M), Switzerland ($4.08M), Belgium ($3.51M), and United States ($3.28M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Cereals EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Germany$2.27M (22.8%)
Switzerland$687k (20.2%)
Czechia$540k (49%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Cereals BY Italy WERE (2021 - 2022):
Nigeria-$9.14M (-79.1%)
Netherlands-$1.57M (-25.9%)
France-$1.55M (-32.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Processed Cereals were:
Canada $502M
Germany $183M
United States $168M
In 2022, Italy's main importing competitors in Processed Cereals were:
United States $597M
Germany $131M
China $127M

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Trade Value of Processed Cereals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.41M
TOP IMPORT POTENTIALFrance+ $2.22M

Processed Cereals’s highest export potential is United States. With an export gap of $2.41M.   Processed Cereals’s highest import potential is France with an import gap of $2.22M.

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