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2022
Exports $167MWorld Rnk 9 / 167
Flag Rnk 633 / 1217
2022
Destination $5.61M Mexico
2021 - 2022
FASTEST GROWING MARKET $5.61MCanada
2022
PRODUCT COMPLEXITY IN Wheat Flours-1.56Rnk 954 / 1025
2022
Imports $261MWorld Rnk 4 / 222
Flag Rnk 701 / 1216
2022
Origin $42.5M Canada
2021 - 2022
FASTEST GROWING ORIGIN $42.5MCanada
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $167M in Wheat Flours, making it the 9th largest exporter of Wheat Flours in the world. At the same year, Wheat Flours was the 633rd most exported product in United States. The main destination of Wheat Flours exports from United States are: Mexico ($99.3M), Canada ($32.7M), Grenada ($6.42M), Chile ($2.67M), and Dominican Republic ($2.65M).

The fastest growing export markets for Wheat Flours of United States between 2021 and 2022 were Canada ($5.61M), Grenada ($5.6M), and Mexico ($2.42M).

Imports In 2022, United States imported $261M in Wheat Flours, becoming the 4th largest importer of Wheat Flours in the world. At the same year, Wheat Flours was the 701st most imported product in United States. United States imports Wheat Flours primarily from: Canada ($156M), India ($37.1M), Italy ($32.3M), Mexico ($9.72M), and South Korea ($8.1M).

The fastest growing import markets in Wheat Flours for United States between 2021 and 2022 were Canada ($42.5M), Italy ($6.31M), and Mexico ($3.38M).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (104), CrimsonLogic (5), and Continental Materials (3) were at the forefront of shipping Wheat Flours to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Wheat Flours exports accounted up to $11.8M and imports accounted up to $23.4M, resulting in a negative trade balance of $11.6M. Between August 2023 and August 2024 the exports of United States'   Wheat Flours have increased by $1.01M (9.4%) from $10.8M to $11.8M, while imports increased by $397k (1.73%) from $23M to $23.4M.

Destinations In August 2024, Wheat Flours were exported mostly to Mexico ($5.38M), Canada ($4.95M), Dominican Republic ($250k), Bahamas ($139k), and Panama ($89.8k), and were imported mostly from Canada ($13.6M), Italy ($2.79M), Mexico ($2.39M), India ($2.21M), and South Korea ($534k).

Growth In August 2024, the increase in Wheat Flours's year-by-year exports was explained primarily by an increase in exports to Canada ($614k or 30.6%), Sweden ($96.2k or 54.8%), and Bahamas ($55.9k or 55.8%). In August 2024, the increase in Wheat Flours's year-by-year imports was explained primarily by an increase in imports from Canada ($5.78M or 53.4%), United Arab Emirates ($3.05M or 27.9k%), and Italy ($335k or 14.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$1.01M(9.4%)
IMPORT GROWTH (August 2023 - August 2024)$397k(1.73%)
MAIN EXPORTER (August 2024)Texas$2.84M
MAIN DESTINATION (August 2024)Mexico$5.38M

This section shows Wheat Flours'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 Wheat Flours over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$167M
IMPORTS (2022)$261M
NET TRADE (2022)-$94M

In 2022, United States exported $167M in Wheat Flours. The main destinations of United States exports on Wheat Flours were Mexico ($99.3M), Canada ($32.7M), Grenada ($6.42M), Chile ($2.67M), and Dominican Republic ($2.65M).

In 2022, United States imported $261M in Wheat Flours, mainly from Canada ($156M), India ($37.1M), Italy ($32.3M), Mexico ($9.72M), and South Korea ($8.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wheat Flours EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$5.61M (20.7%)
Grenada$5.6M (690%)
Mexico$2.42M (2.49%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat Flours BY United States WERE (2021 - 2022):
Malaysia-$474k (-37%)
Chinese Taipei-$376k (-77.7%)
Bahamas-$352k (-12.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Wheat Flours were:
Turkey $1.49B
Kazakhstan $752M
Germany $515M
In 2022, United States's main importing competitors in Wheat Flours were:
Afghanistan $843M
Iraq $614M
Netherlands $338M

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Trade Value of Wheat Flours by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $905k
TOP IMPORT POTENTIALIndia+ $10.6M

Wheat Flours’s highest export potential is China. With an export gap of $905k.   Wheat Flours’s highest import potential is India with an import gap of $10.6M.

See methodology.

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