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110321 (Harmonized System 1992 for 6-digit)

2023
World Trade $120MRnk 3971 / 4644
2023
Top Exporter | Top Importer $35.8M | $34.4MAustralia | United Arab Emirates
2023
Product Complexity 0.16Rnk 2270 / 4656
2022 - 2023
Export Growth (CAGR) -10.7%Rnk 2783 / 4644
2023
Share of World Trade 0.00053%Rnk 3971 / 4644

About

Overview This page contains the latest trade data of Wheat pellets. In 2023, Wheat pellets were the world's 3971st most traded product, with a total trade of $120M. Between 2022 and 2023 the exports of Wheat pellets decreased by -10.7%, from $135M to $120M. Trade in Wheat pellets represent 0.00053% of total world trade.

Wheat pellets are a part of Cereal Meal and Pellets.

Exports In 2023 the top exporters of Wheat pellets  were Australia ($35.8M), Poland ($12.1M), Spain ($10.7M), Netherlands ($9.17M), and Hungary ($5.69M).

Imports In 2023 the top importers of Wheat pellets were United Arab Emirates ($34.4M), Netherlands ($13.7M), Czechia ($6.55M), United States ($5.08M), and Ireland ($5M).

Ranking Wheat pellets ranks 2270th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Wheat 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 Wheat pellets were the world's 3971st most traded product (out of 4,644).

In 2023, the top exporters of Wheat pellets were Australia ($35.8M), Poland ($12.1M), Spain ($10.7M), Netherlands ($9.17M), and Hungary ($5.69M).

In 2023, the top importers of Wheat pellets were United Arab Emirates ($34.4M), Netherlands ($13.7M), Czechia ($6.55M), United States ($5.08M), and Ireland ($5M).

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

Color
Top Origin Growth (2022 -  2023)Hungary$4.65M
Top Destination Growth (2022 -  2023)Cyprus$3.28M

Between 2022 and 2023, the exports of Wheat pellets grew the fastest in Hungary ($4.65M), Latvia ($3.29M), Poland ($2.72M), South Africa ($1.72M), and Australia ($1.69M).

Between 2022 and 2023, the fastest growing importers of Wheat pellets were Cyprus ($3.28M), Netherlands ($3.17M), Czechia ($2.3M), Saudi Arabia ($1.75M), and Italy ($1.61M).

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Exporters of Wheat pellets (2022 - 2023)

Importers of Wheat pellets (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.92. This means that most of the exports of Wheat pellets are explained by 15 countries.

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Value of Exports in Wheat 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 Wheat pellets. Each country is colored based on the difference in exports and imports of Wheat pellets during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Wheat pellets were Australia ($35.4M), Poland ($10.9M), Spain ($9.33M), Hungary ($4.45M), and Germany ($3.5M).

In 2023, the countries that had a largest trade value in imports than in exports of Wheat pellets were United Arab Emirates ($34.4M), Netherlands ($4.57M), Czechia ($4.25M), 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 Wheat pellets.
It is possible to select the main countries that export or import Wheat pellets in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Wheat 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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