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Pricing

Food preparations not elsewhere specified or included

2106 (Harmonized System 1992 for 4-digit)

2022
World Trade $58.3BRnk 78 / 1218
2022
Top Exporter | Top Importer $7.48B | $8.4BUnited States | United States
2022
Product Complexity 0.11Rnk 522 / 1033
2021 - 2022
Export Growth (CAGR) 4.19%Rnk 652 / 1218
2022
Share of World Trade 0.25%Rnk 78 / 1218

About

Overview This page contains the latest trade data of Other Edible Preparations. In 2022, Other Edible Preparations were the world's 78th most traded product, with a total trade of $58.3B. Between 2021 and 2022 the exports of Other Edible Preparations grew by 4.19%, from $56B to $58.3B. Trade in Other Edible Preparations represent 0.25% of total world trade.

Other Edible Preparations are a part of Miscellaneous edible preparations. They include Food preparations nes and Protein concentrates and textured protein substances.

Exports In 2022 the top exporters of Other Edible Preparations  were United States ($7.48B), Singapore ($6.77B), Germany ($4.94B), Netherlands ($3.81B), and China ($3.22B).

Imports In 2022 the top importers of Other Edible Preparations were United States ($8.4B), China ($2.83B), Germany ($2.64B), Netherlands ($2.15B), and Canada ($2.04B).

Ranking Other Edible Preparations ranks 522nd in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Other Edible Preparations. 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)United States$7.48B
Top Destination (2022)United States$8.4B

In 2022 Other Edible Preparations were the world's 78th most traded product (out of 1,218).

In 2022, the top exporters of Other Edible Preparations were United States ($7.48B), Singapore ($6.77B), Germany ($4.94B), Netherlands ($3.81B), and China ($3.22B).

In 2022, the top importers of Other Edible Preparations were United States ($8.4B), China ($2.83B), Germany ($2.64B), Netherlands ($2.15B), and Canada ($2.04B).

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Exporters of Other Edible Preparations (2022)
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Importers of Other Edible Preparations (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Singapore$723M
Top Destination Growth (2021 -  2022)United States$948M

Between 2021 and 2022, the exports of Other Edible Preparations grew the fastest in Singapore ($723M), China ($512M), Germany ($194M), Poland ($154M), and Thailand ($148M).

Between 2021 and 2022, the fastest growing importers of Other Edible Preparations were United States ($948M), Vietnam ($251M), Canada ($201M), Philippines ($133M), and Indonesia ($132M).

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Exporters of Other Edible Preparations (2021 - 2022)

Importers of Other Edible Preparations (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Other Edible Preparations.

In 2022, market concentration measured using Shannon Entropy, was 5. This means that most of the exports of Other Edible Preparations are explained by 32 countries.

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Value of Exports in Other Edible Preparations

Net Trade

TOP NET EXPORTER (2022)Singapore$6.02B
TOP NET IMPORTER (2022)Hong Kong$1.02B

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

In 2022, the countries that had a largest trade value in exports than in imports of Other Edible Preparations were Singapore ($6.02B), Germany ($2.3B), Netherlands ($1.66B), Italy ($950M), and Poland ($821M).

In 2022, the countries that had a largest trade value in imports than in exports of Other Edible Preparations were Hong Kong ($1.02B), Philippines ($1.01B), South Korea ($954M), United States ($913M), and Vietnam ($792M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Other Edible Preparations, disaggragated by their HS6 level were Food preparations nes ($55.4B) and Protein concentrates and textured protein substances ($2.93B)

HS6 Disaggregation for Other Edible Preparations (2022)
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Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Other Edible Preparations by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $71.4M
TOP IMPORT POTENTIALChina+ $19.3M

Other Edible Preparations’s highest export potential is China. With an export gap of $71.4M.  Other Edible Preparations’s highest import potential is China with an import gap of $19.3M.

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)

Related Products

This visualization shows products that are likely to be exported by countries that export Other Edible Preparations.

Country by Relatedness

The following visualization shows the relatedness of Other Edible Preparations 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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