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2022
Exports $431MWorld Rnk 5 / 181
Flag Rnk 206 / 1214
2022
Destination $13.5M France
2021 - 2022
FASTEST GROWING MARKET $13.5MUnited States
2022
PRODUCT COMPLEXITY IN Prepared Cereals-0.43Rnk 681 / 1025
2022
Imports $223MWorld Rnk 9 / 223
Flag Rnk 339 / 1214
2022
Origin $7.93M France
2021 - 2022
FASTEST GROWING ORIGIN $7.93MSenegal
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $431M in Prepared Cereals, making it the 5th largest exporter of Prepared Cereals in the world. At the same year, Prepared Cereals was the 206th most exported product in Spain. The main destination of Prepared Cereals exports from Spain are: France ($101M), Italy ($55.8M), United States ($44.6M), Belgium ($41.5M), and Portugal ($37.8M).

The fastest growing export markets for Prepared Cereals of Spain between 2021 and 2022 were United States ($13.5M), Belgium ($3.28M), and United Kingdom ($2.26M).

Imports In 2022, Spain imported $223M in Prepared Cereals, becoming the 9th largest importer of Prepared Cereals in the world. At the same year, Prepared Cereals was the 339th most imported product in Spain. Spain imports Prepared Cereals primarily from: France ($70.4M), Germany ($41.6M), United Kingdom ($23.6M), Poland ($23.3M), and Belgium ($15.7M).

The fastest growing import markets in Prepared Cereals for Spain between 2021 and 2022 were Senegal ($7.93M), France ($3.79M), and Germany ($2.7M).

COMPANIES In 2023, leading companies such as Riviana Foods (492) were at the forefront of shipping Prepared Cereals from Spain to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Spain's Prepared Cereals exports accounted up to €33.4M and imports accounted up to €16.4M, resulting in a positive trade balance of €16.9M. Between June 2023 and June 2024 the exports of Spain's   Prepared Cereals have decreased by €-6.53M (-16.4%) from €39.9M to €33.4M, while imports increased by €946k (6.11%) from €15.5M to €16.4M.

Destinations In June 2024, Prepared Cereals were exported mostly to France (€7.43M), Italy (€4.17M), Portugal (€3.6M), United States (€3.14M), and Belgium (€2.95M), and were imported mostly from France (€5.41M), Germany (€3.13M), United Kingdom (€2.37M), Belgium (€1.47M), and Poland (€1.3M).

Growth In June 2024, the decrease in Prepared Cereals's year-by-year exports was explained primarily by a decrease in exports to Canada (€-195k or -64.4%), Greece (€-135k or -10.2%), and Denmark (€-52.3k or -46.6%). In June 2024, the increase in Prepared Cereals's year-by-year imports was explained primarily by an increase in imports from Germany (€796k or 33.2%), Portugal (€738k or 71%), and Poland (€419k or 44.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)€-6.53M(-16.4%)
IMPORT GROWTH (June 2023 - June 2024)€946k(6.11%)
MAIN EXPORTER (June 2024)Tarragona€18.5M
MAIN DESTINATION (June 2024)France€7.43M

This section shows Prepared Cereals's exports and imports data at subnational level for Spain. 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 Prepared Cereals over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$431M
IMPORTS (2022)$223M
NET TRADE (2022)$208M

In 2022, Spain exported $431M in Prepared Cereals. The main destinations of Spain exports on Prepared Cereals were France ($101M), Italy ($55.8M), United States ($44.6M), Belgium ($41.5M), and Portugal ($37.8M).

In 2022, Spain imported $223M in Prepared Cereals, mainly from France ($70.4M), Germany ($41.6M), United Kingdom ($23.6M), Poland ($23.3M), and Belgium ($15.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Prepared Cereals EXPORT MARKETS FOR Spain WERE (2021 - 2022):
United States$13.5M (43.6%)
Belgium$3.28M (8.58%)
United Kingdom$2.26M (7.23%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prepared Cereals BY Spain WERE (2021 - 2022):
France-$13.9M (-12.1%)
Italy-$1.76M (-3.06%)
Australia-$1.57M (-45%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Prepared Cereals were:
Germany $784M
United States $747M
United Kingdom $648M
In 2022, Spain's main importing competitors in Prepared Cereals were:
United States $1.03B
Canada $606M
Germany $513M

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Trade Value of Prepared Cereals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.61M
TOP IMPORT POTENTIALUnited Kingdom+ $4.11M

Prepared Cereals’s highest export potential is United States. With an export gap of $8.61M.   Prepared Cereals’s highest import potential is United Kingdom with an import gap of $4.11M.

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