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Cereal groats; meal and pellets

1103 (Harmonized System 1992 for 4-digit)

2023
World Trade $1.54BRnk 829 / 1217
2023
Top Exporter | Top Importer $188M | $211MCanada | United States
2023
Product Complexity -0.93Rnk 837 / 1044
2022 - 2023
Export Growth (CAGR) -9.96%Rnk 745 / 1217
2023
Share of World Trade 0.0068%Rnk 829 / 1217

About

Overview This page contains the latest trade data of Cereal Meal and Pellets. In 2023, Cereal Meal and Pellets were the world's 829th most traded product, with a total trade of $1.54B. Between 2022 and 2023 the exports of Cereal Meal and Pellets decreased by -9.96%, from $1.71B to $1.54B. Trade in Cereal Meal and Pellets represent 0.0068% 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 2023 the top exporters of Cereal Meal and Pellets  were Canada ($188M), South Africa ($144M), Italy ($132M), Turkey ($114M), and France ($97.2M).

Imports In 2023 the top importers of Cereal Meal and Pellets were United States ($211M), Democratic Republic of the Congo ($85.5M), France ($75.4M), Saudi Arabia ($56.5M), and Spain ($53.8M).

Ranking Cereal Meal and Pellets ranks 837th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

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 (2023)Canada$188M
Top Destination (2023)United States$211M

In 2023 Cereal Meal and Pellets were the world's 829th most traded product (out of 1,217).

In 2023, the top exporters of Cereal Meal and Pellets were Canada ($188M), South Africa ($144M), Italy ($132M), Turkey ($114M), and France ($97.2M).

In 2023, the top importers of Cereal Meal and Pellets were United States ($211M), Democratic Republic of the Congo ($85.5M), France ($75.4M), Saudi Arabia ($56.5M), and Spain ($53.8M).

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Exporters of Cereal Meal and Pellets (2023)
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Importers of Cereal Meal and Pellets (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)South Africa$70.1M
Top Destination Growth (2022 -  2023)Democratic Republic of the Congo$65.9M

Between 2022 and 2023, the exports of Cereal Meal and Pellets grew the fastest in South Africa ($70.1M), Romania ($17.7M), Netherlands ($10.8M), Poland ($9.61M), and Spain ($9.2M).

Between 2022 and 2023, the fastest growing importers of Cereal Meal and Pellets were Democratic Republic of the Congo ($65.9M), Spain ($19.4M), Czechia ($11M), Mozambique ($10.4M), and France ($9.98M).

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Exporters of Cereal Meal and Pellets (2022 - 2023)

Importers of Cereal Meal and Pellets (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 4.83. This means that most of the exports of Cereal Meal and Pellets are explained by 28 countries.

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Value of Exports in Cereal Meal and Pellets

Net Trade

TOP NET EXPORTER (2023)Canada$149M
TOP NET IMPORTER (2023)United States$119M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Cereal Meal and Pellets were Canada ($149M), South Africa ($138M), Italy ($117M), Turkey ($112M), and India ($44.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Cereal Meal and Pellets were United States ($119M), Democratic Republic of the Congo ($85.5M), Saudi Arabia ($55.5M), Mozambique ($42.8M), and Cote d'Ivoire ($40.8M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Cereal Meal and Pellets, disaggragated by their HS6 level were Maize (corn) groats or meal ($615M), Wheat meal ($514M), Cereal groats or meal except wheat,... ($294M), Wheat pellets ($120M), and Cereal pellets except wheat ($401k)

HS6 Disaggregation for Cereal Meal and Pellets (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 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.

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)

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 (2023)

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