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190530 (Harmonized System 1992 for 6-digit)

2023
World Trade $18.1BRnk 181 / 4644
2023
Top Exporter | Top Importer $1.61B | $3.15BGermany | United States
2023
Product Complexity -0.64Rnk 3401 / 4656
2022 - 2023
Export Growth (CAGR) 11.8%Rnk 577 / 4644
2023
Share of World Trade 0.08%Rnk 181 / 4644

About

Overview This page contains the latest trade data of Sweet biscuits, waffles and wafers. In 2023, Sweet biscuits, waffles and wafers were the world's 181st most traded product, with a total trade of $18.1B. Between 2022 and 2023 the exports of Sweet biscuits, waffles and wafers grew by 11.8%, from $16.2B to $18.1B. Trade in Sweet biscuits, waffles and wafers represent 0.08% of total world trade.

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

Exports In 2023 the top exporters of Sweet biscuits, waffles and wafers  were Germany ($1.61B), Poland ($1.54B), Italy ($1.3B), Mexico ($1.22B), and Canada ($1.1B).

Imports In 2023 the top importers of Sweet biscuits, waffles and wafers were United States ($3.15B), United Kingdom ($1.18B), Germany ($1.1B), France ($1B), and Netherlands ($624M).

Ranking Sweet biscuits, waffles and wafers ranks 3401st in the Product Complexity Index (PCI).

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 (2023)Germany$1.61B
Top Destination (2023)United States$3.15B

In 2023 Sweet biscuits, waffles and wafers were the world's 181st most traded product (out of 4,644).

In 2023, the top exporters of Sweet biscuits, waffles and wafers were Germany ($1.61B), Poland ($1.54B), Italy ($1.3B), Mexico ($1.22B), and Canada ($1.1B).

In 2023, the top importers of Sweet biscuits, waffles and wafers were United States ($3.15B), United Kingdom ($1.18B), Germany ($1.1B), France ($1B), and Netherlands ($624M).

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Exporters of Sweet biscuits, waffles and wafers (2023)
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Importers of Sweet biscuits, waffles and wafers (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$298M
Top Destination Growth (2022 -  2023)United Kingdom$256M

Between 2022 and 2023, the exports of Sweet biscuits, waffles and wafers grew the fastest in Germany ($298M), Poland ($216M), Netherlands ($208M), Italy ($203M), and Belgium ($181M).

Between 2022 and 2023, the fastest growing importers of Sweet biscuits, waffles and wafers were United Kingdom ($256M), Germany ($211M), United States ($169M), France ($159M), and Netherlands ($128M).

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Exporters of Sweet biscuits, waffles and wafers (2022 - 2023)

Importers of Sweet biscuits, waffles and wafers (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 5.06. 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 (2023)Poland$1.23B
TOP NET IMPORTER (2023)United States$2.77B

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Sweet biscuits, waffles and wafers were Poland ($1.23B), Mexico ($1B), Italy ($839M), Turkey ($818M), and Indonesia ($713M).

In 2023, the countries that had a largest trade value in imports than in exports of Sweet biscuits, waffles and wafers were United States ($2.77B), United Kingdom ($616M), France ($449M), Iraq ($356M), and Saudi Arabia ($352M).

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 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 (2023)

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