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Buckwheat, millet and canary seeds; other cereals

1008 (Harmonized System 1992 for 4-digit)

2022
World Trade $1.31BRnk 880 / 1218
2022
Top Exporter | Top Importer $227M | $231MPoland | Germany
2022
Product Complexity -1.7Rnk 982 / 1033
2021 - 2022
Export Growth (CAGR) 5.84%Rnk 574 / 1218
2022
Share of World Trade 0.0055%Rnk 880 / 1218

About

Overview This page contains the latest trade data of Buckwheat. In 2022, Buckwheat were the world's 880th most traded product, with a total trade of $1.31B. Between 2021 and 2022 the exports of Buckwheat grew by 5.84%, from $1.24B to $1.31B. Trade in Buckwheat represent 0.0055% of total world trade.

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

Exports In 2022 the top exporters of Buckwheat  were Poland ($227M), Canada ($150M), France ($99M), Peru ($93.7M), and Russia ($91.9M).

Imports In 2022 the top importers of Buckwheat were Germany ($231M), Spain ($98M), United States ($97.6M), Netherlands ($77.8M), and Italy ($71M).

Ranking Buckwheat ranks 982nd in the Product Complexity Index (PCI).

Description -

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 (2022)Poland$227M
Top Destination (2022)Germany$231M

In 2022 Buckwheat were the world's 880th most traded product (out of 1,218).

In 2022, the top exporters of Buckwheat were Poland ($227M), Canada ($150M), France ($99M), Peru ($93.7M), and Russia ($91.9M).

In 2022, the top importers of Buckwheat were Germany ($231M), Spain ($98M), United States ($97.6M), Netherlands ($77.8M), and Italy ($71M).

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Exporters of Buckwheat (2022)
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Importers of Buckwheat (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)France$45.8M
Top Destination Growth (2021 -  2022)Germany$54M

Between 2021 and 2022, the exports of Buckwheat grew the fastest in France ($45.8M), Poland ($17.3M), Russia ($17.2M), Lithuania ($15.3M), and Greece ($13.1M).

Between 2021 and 2022, the fastest growing importers of Buckwheat were Germany ($54M), Italy ($21.7M), Azerbaijan ($9.56M), Lithuania ($6.74M), and Latvia ($6.35M).

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Exporters of Buckwheat (2021 - 2022)

Importers of Buckwheat (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.54. This means that most of the exports of Buckwheat are explained by 23 countries.

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Value of Exports in Buckwheat

Net Trade

TOP NET EXPORTER (2022)Poland$205M
TOP NET IMPORTER (2022)Germany$171M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Buckwheat were Poland ($205M), Canada ($119M), Peru ($91.5M), Russia ($88.8M), and India ($58.2M).

In 2022, the countries that had a largest trade value in imports than in exports of Buckwheat were Germany ($171M), Spain ($83.4M), Italy ($61.6M), Japan ($42.8M), and Netherlands ($40.8M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Buckwheat, disaggragated by their HS6 level were Cereals unmilled nes ($764M), Millet ($220M), Canary seed ($167M), and Buckwheat ($163M)

HS6 Disaggregation for Buckwheat (2022)
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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 (2022)

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 (2022)

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