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190530 (Harmonized System 1992 for 6-digit)

2022
World Trade $16.1BRnk 221 / 4648
2022
Top Exporter | Top Importer $1.38B | $2.96BGermany | United States
2022
Product Complexity -0.78Rnk 3566 / 4653
2021 - 2022
Export Growth (CAGR) 9.24%Rnk 1698 / 4648
2022
Share of World Trade 0.068%Rnk 221 / 4648

About

Overview This page contains the latest trade data of Sweet biscuits, waffles and wafers. In 2022, Sweet biscuits, waffles and wafers were the world's 221st most traded product, with a total trade of $16.1B. Between 2021 and 2022 the exports of Sweet biscuits, waffles and wafers grew by 9.24%, from $14.7B to $16.1B. Trade in Sweet biscuits, waffles and wafers represent 0.068% of total world trade.

Sweet biscuits, waffles and wafers are a part of Baked Goods.

Exports In 2022 the top exporters of Sweet biscuits, waffles and wafers  were Germany ($1.38B), Poland ($1.28B), Mexico ($1.18B), Italy ($1.13B), and Canada ($1.09B).

Imports In 2022 the top importers of Sweet biscuits, waffles and wafers were United States ($2.96B), France ($925M), Germany ($914M), United Kingdom ($807M), and Netherlands ($504M).

Ranking Sweet biscuits, waffles and wafers ranks 3566th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Sweet biscuits, waffles and wafers. 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)Germany$1.38B
Top Destination (2022)United States$2.96B

In 2022 Sweet biscuits, waffles and wafers were the world's 221st most traded product (out of 4,648).

In 2022, the top exporters of Sweet biscuits, waffles and wafers were Germany ($1.38B), Poland ($1.28B), Mexico ($1.18B), Italy ($1.13B), and Canada ($1.09B).

In 2022, the top importers of Sweet biscuits, waffles and wafers were United States ($2.96B), France ($925M), Germany ($914M), United Kingdom ($807M), and Netherlands ($504M).

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Exporters of Sweet biscuits, waffles and wafers (2022)
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Importers of Sweet biscuits, waffles and wafers (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Mexico$231M
Top Destination Growth (2021 -  2022)United States$559M

Between 2021 and 2022, the exports of Sweet biscuits, waffles and wafers grew the fastest in Mexico ($231M), Canada ($227M), Poland ($163M), Turkey ($135M), and Indonesia ($129M).

Between 2021 and 2022, the fastest growing importers of Sweet biscuits, waffles and wafers were United States ($559M), United Kingdom ($106M), Kuwait ($76.6M), Saudi Arabia ($75M), and Philippines ($57.2M).

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Exporters of Sweet biscuits, waffles and wafers (2021 - 2022)

Importers of Sweet biscuits, waffles and wafers (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Sweet biscuits, waffles and wafers.

In 2022, market concentration measured using Shannon Entropy, was 5.07. This means that most of the exports of Sweet biscuits, waffles and wafers are explained by 33 countries.

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Value of Exports in Sweet biscuits, waffles and wafers

Net Trade

TOP NET EXPORTER (2022)Poland$1.02B
TOP NET IMPORTER (2022)United States$2.62B

This map shows which countries export or import more of Sweet biscuits, waffles and wafers. Each country is colored based on the difference in exports and imports of Sweet biscuits, waffles and wafers during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Sweet biscuits, waffles and wafers were Poland ($1.02B), Mexico ($1.02B), Turkey ($810M), Italy ($754M), and Indonesia ($748M).

In 2022, the countries that had a largest trade value in imports than in exports of Sweet biscuits, waffles and wafers were United States ($2.62B), France ($512M), Saudi Arabia ($349M), United Kingdom ($328M), and Iraq ($327M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Sweet biscuits, waffles and wafers 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 (2022)

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