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2023
Exports $99.4MWorld Rnk 10 / 159
Flag Rnk 713 / 1217
2023
Destination $4.01M Mexico
2022 - 2023
FASTEST GROWING MARKET $4.01MChinese Taipei
2023
PRODUCT COMPLEXITY IN Processed Cereals-0.83Rnk 789 / 1025
2023
Imports $513MWorld Rnk 1 / 217
Flag Rnk 512 / 1215
2023
Origin $3.46M Canada
2022 - 2023
FASTEST GROWING ORIGIN $3.46MTurkey
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $99.4M in Processed Cereals, making it the 10th largest exporter of Processed Cereals in the world. At the same year, Processed Cereals was the 713th most exported product in United States. The main destination of Processed Cereals exports from United States are: Mexico ($40.5M), Canada ($28.9M), Israel ($5.05M), Chinese Taipei ($4.74M), and Trinidad and Tobago ($2.31M).

The fastest growing export markets for Processed Cereals of United States between 2022 and 2023 were Chinese Taipei ($4.01M), Trinidad and Tobago ($1.74M), and Hong Kong ($559k).

Imports In 2023, United States imported $513M in Processed Cereals, becoming the 1st largest importer of Processed Cereals in the world. At the same year, Processed Cereals was the 512th most imported product in United States. United States imports Processed Cereals primarily from: Canada ($380M), Turkey ($89.2M), Ireland ($10.7M), Mexico ($4.57M), and Chile ($4.55M).

The fastest growing import markets in Processed Cereals for United States between 2022 and 2023 were Turkey ($3.46M), Australia ($1.84M), and Ireland ($1.62M).

COMPANIES In 2023, leading companies such as Walmart (6), Riviana Foods (5), and Loblaws Supermarkets (5) were at the forefront of shipping Processed Cereals to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Processed Cereals exports accounted up to $12.5M and imports accounted up to $36.2M, resulting in a negative trade balance of $23.7M. Between November 2023 and November 2024 the exports of United States'   Processed Cereals have increased by $2.46M (24.5%) from $10M to $12.5M, while imports decreased by $-1.8M (-4.74%) from $38M to $36.2M.

Destinations In November 2024, Processed Cereals were exported mostly to Mexico ($7.71M), Canada ($2.24M), Chinese Taipei ($1.03M), Australia ($354k), and Israel ($264k), and were imported mostly from Canada ($29.2M), Turkey ($4.15M), Ireland ($1.01M), Mexico ($436k), and Peru ($401k).

Growth In November 2024, the increase in Processed Cereals's year-by-year exports was explained primarily by an increase in exports to Canada ($330k or 13.3%), Israel ($321k or 164%), and Trinidad and Tobago ($100k or 58.2%). In November 2024, the decrease in Processed Cereals's year-by-year imports was explained primarily by a decrease in imports from Chile ($-358k or -69.4%), China ($-111k or -59.3%), and South Korea ($-47k or -75.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$2.46M(24.5%)
IMPORT GROWTH (November 2023 - November 2024)$-1.8M(-4.74%)
MAIN EXPORTER (November 2024)Texas$13.1M
MAIN DESTINATION (November 2024)Mexico$7.71M

This section shows Processed Cereals'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 Processed Cereals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$99.4M
IMPORTS (2023)$513M
NET TRADE (2023)-$413M

In 2023, United States exported $99.4M in Processed Cereals. The main destinations of United States exports on Processed Cereals were Mexico ($40.5M), Canada ($28.9M), Israel ($5.05M), Chinese Taipei ($4.74M), and Trinidad and Tobago ($2.31M).

In 2023, United States imported $513M in Processed Cereals, mainly from Canada ($380M), Turkey ($89.2M), Ireland ($10.7M), Mexico ($4.57M), and Chile ($4.55M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Processed Cereals EXPORT MARKETS FOR United States WERE (2022 - 2023):
Chinese Taipei$4.01M (551%)
Trinidad and Tobago$1.74M (304%)
Hong Kong$559k (132%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Cereals BY United States WERE (2022 - 2023):
Ghana-$16.9M (-99.9%)
Canada-$9.76M (-25.2%)
Japan-$5.22M (-77.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Processed Cereals were:
Canada $537M
Germany $221M
Chile $153M
In 2023, United States's main importing competitors in Processed Cereals were:
Ghana $257M
Netherlands $141M

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Trade Value of Processed Cereals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $1.53M
TOP IMPORT POTENTIALChile+ $4.47M

Processed Cereals’s highest export potential is Japan. With an export gap of $1.53M.   Processed Cereals’s highest import potential is Chile with an import gap of $4.47M.

See methodology.

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