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Buckwheat, millet and canary seeds; other cereals

1008 (Harmonized System 1992 for 4-digit)

2023
World Trade $1.17BRnk 902 / 1217
2023
Top Exporter | Top Importer $159M | $142MPoland | Germany
2023
Product Complexity -1.66Rnk 983 / 1044
2022 - 2023
Export Growth (CAGR) -9.12%Rnk 718 / 1217
2023
Share of World Trade 0.0052%Rnk 902 / 1217

About

Overview This page contains the latest trade data of Buckwheat. In 2023, Buckwheat were the world's 902nd most traded product, with a total trade of $1.17B. Between 2022 and 2023 the exports of Buckwheat decreased by -9.12%, from $1.29B to $1.17B. Trade in Buckwheat represent 0.0052% of total world trade.

Buckwheat are a part of Cereals. They include Cereals unmilled nes, Millet, Canary seed, and Buckwheat.

Exports In 2023 the top exporters of Buckwheat  were Poland ($159M), Russia ($130M), Canada ($108M), Peru ($102M), and United States ($73.2M).

Imports In 2023 the top importers of Buckwheat were Germany ($142M), United States ($104M), Spain ($75.7M), Netherlands ($73.7M), and China ($66.6M).

Ranking Buckwheat ranks 983rd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Buckwheat. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Poland$159M
Top Destination (2023)Germany$142M

In 2023 Buckwheat were the world's 902nd most traded product (out of 1,217).

In 2023, the top exporters of Buckwheat were Poland ($159M), Russia ($130M), Canada ($108M), Peru ($102M), and United States ($73.2M).

In 2023, the top importers of Buckwheat were Germany ($142M), United States ($104M), Spain ($75.7M), Netherlands ($73.7M), and China ($66.6M).

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Exporters of Buckwheat (2023)
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Importers of Buckwheat (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Uzbekistan$32.1M
Top Destination Growth (2022 -  2023)China$44.1M

Between 2022 and 2023, the exports of Buckwheat grew the fastest in Uzbekistan ($32.1M), Russia ($21.1M), Romania ($13.6M), Bolivia ($4.79M), and India ($2.01M).

Between 2022 and 2023, the fastest growing importers of Buckwheat were China ($44.1M), Pakistan ($29.6M), Japan ($19.1M), Turkey ($4.44M), and Mexico ($4.11M).

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Exporters of Buckwheat (2022 - 2023)

Importers of Buckwheat (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Buckwheat.

In 2023, market concentration measured using Shannon Entropy, was 4.59. This means that most of the exports of Buckwheat are explained by 24 countries.

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Value of Exports in Buckwheat

Net Trade

TOP NET EXPORTER (2023)Poland$141M
TOP NET IMPORTER (2023)Germany$95.9M

This map shows which countries export or import more of Buckwheat. Each country is colored based on the difference in exports and imports of Buckwheat during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Buckwheat were Poland ($141M), Russia ($126M), Peru ($99.4M), Canada ($81.4M), and Bolivia ($60M).

In 2023, the countries that had a largest trade value in imports than in exports of Buckwheat were Germany ($95.9M), Spain ($64.7M), Japan ($63.5M), Netherlands ($50M), and Italy ($37.5M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Buckwheat, disaggragated by their HS6 level were Cereals unmilled nes ($595M), Millet ($258M), Buckwheat ($188M), and Canary seed ($128M)

HS6 Disaggregation for Buckwheat (2023)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Buckwheat.
It is possible to select the main countries that export or import Buckwheat in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Buckwheat by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALItaly+ $1.45M
TOP IMPORT POTENTIALRussia+ $1.35M

Buckwheat’s highest export potential is Italy. With an export gap of $1.45M.  Buckwheat’s highest import potential is Russia with an import gap of $1.35M.

See methodology.

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Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

Country by Relatedness

The following visualization shows the relatedness of Buckwheat to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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