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2022
Exports $113MWorld Rnk 8 / 158
Flag Rnk 383 / 1216
2022
Destination $3.32M Saudi Arabia
2021 - 2022
FASTEST GROWING MARKET $3.32MSaudi Arabia
2022
PRODUCT COMPLEXITY IN Processed Cereals-0.77Rnk 775 / 1025
2022
Imports $34MWorld Rnk 18 / 218
Flag Rnk 821 / 1214
2022
Origin $6.99MN/A
2021 - 2022
FASTEST GROWING ORIGIN $6.99MIreland
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $113M in Processed Cereals, making it the 8th largest exporter of Processed Cereals in the world. At the same year, Processed Cereals was the 383rd most exported product in United Kingdom. The main destination of Processed Cereals exports from United Kingdom are: Saudi Arabia ($25.6M), Nigeria ($8.98M), Netherlands ($7.69M), Israel ($6.38M), and Ireland ($5.65M).

The fastest growing export markets for Processed Cereals of United Kingdom between 2021 and 2022 were Saudi Arabia ($3.32M), Djibouti ($3.14M), and Nigeria ($2.74M).

Imports In 2022, United Kingdom imported $34M in Processed Cereals, becoming the 18th largest importer of Processed Cereals in the world. At the same year, Processed Cereals was the 821st most imported product in United Kingdom. United Kingdom imports Processed Cereals primarily from: N/A.

The fastest growing import markets in Processed Cereals for United Kingdom between 2021 and 2022 were Ireland ($6.99M), China ($666k), and France ($429k).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Processed Cereals exports accounted up to £4.38M and imports accounted up to £2.23M, resulting in a positive trade balance of £2.14M. Between June 2023 and June 2024 the exports of United Kingdom's   Processed Cereals have decreased by £-328k (-6.97%) from £4.71M to £4.38M, while imports increased by £662k (42.1%) from £1.57M to £2.23M.

Destinations In June 2024, Processed Cereals were exported mostly to Ireland (£842k), Netherlands (£611k), Greece (£505k), South Africa (£500k), and Italy (£172k), and were imported mostly from Ireland (£1.14M), Belgium (£188k), Italy (£181k), Poland (£145k), and India (£95.1k).

Growth In June 2024, the decrease in Processed Cereals's year-by-year exports was explained primarily by a decrease in exports to Saudi Arabia (£-5.56M or -97.1%), South Africa (£-255k or -82.2%), and Colombia (£-191k or -72.9%). In June 2024, the increase in Processed Cereals's year-by-year imports was explained primarily by an increase in imports from Poland (£236k or 1.5k%), Belgium (£87.5k or 1.51k%), and India (£29.5k or 56.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£-328k(-6.97%)
IMPORT GROWTH (June 2023 - June 2024)£662k(42.1%)
MAIN EXPORTER (June 2024)London Gateway£1.7M
MAIN DESTINATION (June 2024)Ireland£842k

This section shows Processed Cereals's exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Processed Cereals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$113M
IMPORTS (2022)$34M
NET TRADE (2022)$78.7M

In 2022, United Kingdom exported $113M in Processed Cereals. The main destinations of United Kingdom exports on Processed Cereals were Saudi Arabia ($25.6M), Nigeria ($8.98M), Netherlands ($7.69M), Israel ($6.38M), and Ireland ($5.65M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Cereals EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Saudi Arabia$3.32M (14.9%)
Djibouti$3.14M (838%)
Nigeria$2.74M (44%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Cereals BY United Kingdom WERE (2021 - 2022):
Ireland-$6.22M (-52.4%)
Colombia-$4.96M (-82.3%)
South Africa-$2.07M (-29.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Processed Cereals were:
Canada $502M
Germany $183M
United States $168M
In 2022, United Kingdom's main importing competitors in Processed Cereals were:
United States $597M
Germany $131M
China $127M

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Trade Value of Processed Cereals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.63M
TOP IMPORT POTENTIALGermany+ $1.26M

Processed Cereals’s highest export potential is United States. With an export gap of $1.63M.   Processed Cereals’s highest import potential is Germany with an import gap of $1.26M.

See methodology.

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