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Pricing

110320 (Harmonized System 2002 for 6-digit)

2023
World Trade $118MRnk 4164 / 4940
2023
Top Exporter | Top Importer $35.8M | $34.4MAustralia | United Arab Emirates
2023
Product Complexity 0.19Rnk 2364 / 4951
2022 - 2023
Export Growth (CAGR) -11.3%Rnk 3013 / 4940
2023
Share of World Trade 0.00052%Rnk 4164 / 4940

About

Overview This page contains the latest trade data of Cereal pellets. In 2023, Cereal pellets were the world's 4164th most traded product, with a total trade of $118M. Between 2022 and 2023 the exports of Cereal pellets decreased by -11.3%, from $133M to $118M. Trade in Cereal pellets represent 0.00052% of total world trade.

Cereal pellets are a part of Cereal groats; meal and pellets.

Exports In 2023 the top exporters of Cereal pellets  were Australia ($35.8M), Spain ($11.2M), Netherlands ($9.17M), Poland ($6.54M), and Hungary ($5.67M).

Imports In 2023 the top importers of Cereal pellets were United Arab Emirates ($34.4M), Netherlands ($13.8M), United States ($5.2M), Ireland ($5M), and Italy ($4.93M).

Ranking Cereal pellets ranks 2364th 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 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)Australia$35.8M
Top Destination (2023)United Arab Emirates$34.4M

In 2023 Cereal pellets were the world's 4164th most traded product (out of 4,940).

In 2023, the top exporters of Cereal pellets were Australia ($35.8M), Spain ($11.2M), Netherlands ($9.17M), Poland ($6.54M), and Hungary ($5.67M).

In 2023, the top importers of Cereal pellets were United Arab Emirates ($34.4M), Netherlands ($13.8M), United States ($5.2M), Ireland ($5M), and Italy ($4.93M).

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Exporters of Cereal pellets (2023)
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Importers of Cereal pellets (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Hungary$4.63M
Top Destination Growth (2022 -  2023)Netherlands$3.85M

Between 2022 and 2023, the exports of Cereal pellets grew the fastest in Hungary ($4.63M), Latvia ($3.28M), South Africa ($1.72M), Australia ($1.7M), and France ($1.62M).

Between 2022 and 2023, the fastest growing importers of Cereal pellets were Netherlands ($3.85M), Cyprus ($3.28M), Saudi Arabia ($1.75M), Italy ($1.6M), and Slovakia ($1.27M).

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Exporters of Cereal pellets (2022 - 2023)

Importers of Cereal pellets (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Cereal pellets.

In 2023, market concentration measured using Shannon Entropy, was 3.95. This means that most of the exports of Cereal pellets are explained by 15 countries.

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Value of Exports in Cereal pellets

Net Trade

TOP NET EXPORTER (2023)Australia$35.4M
TOP NET IMPORTER (2023)United Arab Emirates$34.4M

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

In 2023, the countries that had a largest trade value in exports than in imports of Cereal pellets were Australia ($35.4M), Spain ($9.88M), Poland ($5.38M), Hungary ($4.47M), and Germany ($3.58M).

In 2023, the countries that had a largest trade value in imports than in exports of Cereal pellets were United Arab Emirates ($34.4M), Netherlands ($4.64M), Slovakia ($4.31M), Portugal ($3.58M), and Cyprus ($3.31M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Cereal pellets by percentage of total exports

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)

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