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2022
Exports $9.27MWorld Rnk 29 / 149
Flag Rnk 861 / 1216
2022
Destination $994k United States
2021 - 2022
FASTEST GROWING MARKET $994kUnited States
2022
PRODUCT COMPLEXITY IN Cereal Meal and Pellets-1.07Rnk 850 / 1025
2022
Imports $58.8MWorld Rnk 5 / 211
Flag Rnk 708 / 1214
2022
Origin $16.4M Ireland
2021 - 2022
FASTEST GROWING ORIGIN $16.4MIreland
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $9.27M in Cereal Meal and Pellets, making it the 29th largest exporter of Cereal Meal and Pellets in the world. At the same year, Cereal Meal and Pellets was the 861st most exported product in United Kingdom. The main destination of Cereal Meal and Pellets exports from United Kingdom are: United States ($3.45M), Ireland ($1.02M), Netherlands ($826k), Nigeria ($651k), and Poland ($644k).

The fastest growing export markets for Cereal Meal and Pellets of United Kingdom between 2021 and 2022 were United States ($994k), Poland ($513k), and Netherlands ($496k).

Imports In 2022, United Kingdom imported $58.8M in Cereal Meal and Pellets, becoming the 5th largest importer of Cereal Meal and Pellets in the world. At the same year, Cereal Meal and Pellets was the 708th most imported product in United Kingdom. United Kingdom imports Cereal Meal and Pellets primarily from: Ireland ($18.2M), France ($14.6M), Italy ($8.09M), Belgium ($5.41M), and Spain ($5.09M).

The fastest growing import markets in Cereal Meal and Pellets for United Kingdom between 2021 and 2022 were Ireland ($16.4M), France ($2.7M), and Italy ($1.45M).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Cereal Meal and Pellets exports accounted up to £657k and imports accounted up to £3.14M, resulting in a negative trade balance of £2.48M. Between June 2023 and June 2024 the exports of United Kingdom's   Cereal Meal and Pellets have decreased by £-95.1k (-12.6%) from £752k to £657k, while imports decreased by £-275k (-8.04%) from £3.41M to £3.14M.

Destinations In June 2024, Cereal Meal and Pellets were exported mostly to United States (£352k), Netherlands (£116k), Ireland (£75.9k), Portugal (£47.1k), and Poland (£17k), and were imported mostly from France (£1.16M), Belgium (£689k), Italy (£384k), South Africa (£226k), and Spain (£160k).

Growth In June 2024, the decrease in Cereal Meal and Pellets's year-by-year exports was explained primarily by a decrease in exports to Netherlands (£-490k or -95.1%) and United States (£-22k or -13.2%). In June 2024, the decrease in Cereal Meal and Pellets's year-by-year imports was explained primarily by a decrease in imports from Italy (£-225k or -53.9%), Belgium (£-99.6k or -26%), and South Africa (£-82.9k or -72%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£-95.1k(-12.6%)
IMPORT GROWTH (June 2023 - June 2024)£-275k(-8.04%)
MAIN EXPORTER (June 2024)London Gateway£376k
MAIN DESTINATION (June 2024)United States£352k

This section shows Cereal Meal and Pellets'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 Cereal Meal and Pellets over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$9.27M
IMPORTS (2022)$58.8M
NET TRADE (2022)-$49.5M

In 2022, United Kingdom exported $9.27M in Cereal Meal and Pellets. The main destinations of United Kingdom exports on Cereal Meal and Pellets were United States ($3.45M), Ireland ($1.02M), Netherlands ($826k), Nigeria ($651k), and Poland ($644k).

In 2022, United Kingdom imported $58.8M in Cereal Meal and Pellets, mainly from Ireland ($18.2M), France ($14.6M), Italy ($8.09M), Belgium ($5.41M), and Spain ($5.09M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cereal Meal and Pellets EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
United States$994k (40.5%)
Poland$513k (391%)
Netherlands$496k (150%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cereal Meal and Pellets BY United Kingdom WERE (2021 - 2022):
Nigeria-$10.6M (-94.2%)
Belgium-$515k (-98.7%)
South Africa-$378k (-45.4%)
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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 Cereal Meal and Pellets were:
Canada $220M
Italy $141M
Turkey $124M
In 2022, United Kingdom's main importing competitors in Cereal Meal and Pellets were:
United States $256M
Malaysia $137M
Germany $86.1M

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Trade Value of Cereal Meal and Pellets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $615k
TOP IMPORT POTENTIALGermany+ $857k

Cereal Meal and Pellets’s highest export potential is United States. With an export gap of $615k.   Cereal Meal and Pellets’s highest import potential is Germany with an import gap of $857k.

See methodology.

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