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Cereal groats; meal and pellets

1103 (Harmonized System 1992 for 4-digit)

2022
World Trade $1.71BRnk 818 / 1218
2022
Top Exporter | Top Importer $220M | $256MCanada | United States
2022
Product Complexity -1.14Rnk 876 / 1033
2021 - 2022
Export Growth (CAGR) 15.5%Rnk 265 / 1218
2022
Share of World Trade 0.0072%Rnk 818 / 1218

About

Overview This page contains the latest trade data of Cereal Meal and Pellets. In 2022, Cereal Meal and Pellets were the world's 818th most traded product, with a total trade of $1.71B. Between 2021 and 2022 the exports of Cereal Meal and Pellets grew by 15.5%, from $1.48B to $1.71B. Trade in Cereal Meal and Pellets represent 0.0072% of total world trade.

Cereal Meal and Pellets are a part of Products of the milling industry. They include Maize (corn) groats or meal, Wheat meal, Cereal groats or meal except wheat, maize, rice, oats, Wheat pellets, Cereal pellets except wheat, Oat groats or meal, and Rice groats or meal.

Exports In 2022 the top exporters of Cereal Meal and Pellets  were Canada ($220M), Italy ($141M), Turkey ($124M), South Africa ($107M), and United States ($103M).

Imports In 2022 the top importers of Cereal Meal and Pellets were United States ($256M), Malaysia ($137M), Germany ($86.1M), France ($72.8M), and United Kingdom ($58.8M).

Ranking Cereal Meal and Pellets ranks 876th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Cereal Meal and Pellets. 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)Canada$220M
Top Destination (2022)United States$256M

In 2022 Cereal Meal and Pellets were the world's 818th most traded product (out of 1,218).

In 2022, the top exporters of Cereal Meal and Pellets were Canada ($220M), Italy ($141M), Turkey ($124M), South Africa ($107M), and United States ($103M).

In 2022, the top importers of Cereal Meal and Pellets were United States ($256M), Malaysia ($137M), Germany ($86.1M), France ($72.8M), and United Kingdom ($58.8M).

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Exporters of Cereal Meal and Pellets (2022)
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Importers of Cereal Meal and Pellets (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Canada$62.8M
Top Destination Growth (2021 -  2022)United States$95.6M

Between 2021 and 2022, the exports of Cereal Meal and Pellets grew the fastest in Canada ($62.8M), Turkey ($39.5M), Burma ($32.7M), Mexico ($23.6M), and Italy ($21.3M).

Between 2021 and 2022, the fastest growing importers of Cereal Meal and Pellets were United States ($95.6M), Thailand ($32.8M), Malaysia ($31.1M), Iraq ($19.7M), and Germany ($16.9M).

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Exporters of Cereal Meal and Pellets (2021 - 2022)

Importers of Cereal Meal and Pellets (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Cereal Meal and Pellets.

In 2022, market concentration measured using Shannon Entropy, was 4.91. This means that most of the exports of Cereal Meal and Pellets are explained by 30 countries.

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Value of Exports in Cereal Meal and Pellets

Net Trade

TOP NET EXPORTER (2022)Canada$186M
TOP NET IMPORTER (2022)United States$154M

This map shows which countries export or import more of Cereal Meal and Pellets. Each country is colored based on the difference in exports and imports of Cereal Meal and Pellets during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Cereal Meal and Pellets were Canada ($186M), Italy ($128M), Turkey ($122M), South Africa ($101M), and Australia ($87M).

In 2022, the countries that had a largest trade value in imports than in exports of Cereal Meal and Pellets were United States ($154M), Malaysia ($129M), United Kingdom ($49.5M), Angola ($47.1M), and Saudi Arabia ($43M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Cereal Meal and Pellets, disaggragated by their HS6 level were Wheat meal ($636M), Maize (corn) groats or meal ($596M), Cereal groats or meal except wheat,... ($359M), Wheat pellets ($121M), and Cereal pellets except wheat ($1.26k)

HS6 Disaggregation for Cereal Meal and Pellets (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 Cereal Meal and Pellets.
It is possible to select the main countries that export or import Cereal Meal and Pellets in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Cereal Meal and Pellets by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALMalaysia+ $802k
TOP IMPORT POTENTIALIndia+ $521k

Cereal Meal and Pellets’s highest export potential is Malaysia. With an export gap of $802k.  Cereal Meal and Pellets’s highest import potential is India with an import gap of $521k.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Cereal Meal and Pellets.

Country by Relatedness

The following visualization shows the relatedness of Cereal Meal and Pellets 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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