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Pricing

Products of the milling industry; malt, starches, inulin, wheat gluten

11 (Harmonized System 1992 for 2-digit)

2022
World Trade $28.8BRnk 70 / 96
2022
Top Exporter | Top Importer $2.27B | $2.86BGermany | United States
2022
Product Complexity -0.61Rnk 66 / 96
2021 - 2022
Export Growth (CAGR) 17.8%Rnk 14 / 96
2022
Share of World Trade 0.12%Rnk 70 / 96

About

Overview This page contains the latest trade data of Products of the milling industry. In 2022, Products of the milling industry were the world's 70th most traded product, with a total trade of $28.8B. Between 2021 and 2022 the exports of Products of the milling industry grew by 17.8%, from $24.4B to $28.8B. Trade in Products of the milling industry represent 0.12% of total world trade.

Products of the milling industry are a part of Vegetable Products. They include Wheat Flours, Starches, Malt, Processed Cereals, Cereal Meal and Pellets, Wheat Gluten, Cereal Flours, Potato Flours, and Legume Flours.

Exports In 2022 the top exporters of Products of the milling industry  were Germany ($2.27B), Thailand ($2.1B), Turkey ($1.9B), Belgium ($1.59B), and Canada ($1.43B).

Imports In 2022 the top importers of Products of the milling industry were United States ($2.86B), China ($2.65B), Netherlands ($1.26B), Germany ($985M), and Brazil ($944M).

Ranking Products of the milling industry ranks 66th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Products of the milling industry. 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 (2022)Germany$2.27B
Top Destination (2022)United States$2.86B

In 2022 Products of the milling industry were the world's 70th most traded product (out of 96).

In 2022, the top exporters of Products of the milling industry were Germany ($2.27B), Thailand ($2.1B), Turkey ($1.9B), Belgium ($1.59B), and Canada ($1.43B).

In 2022, the top importers of Products of the milling industry were United States ($2.86B), China ($2.65B), Netherlands ($1.26B), Germany ($985M), and Brazil ($944M).

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Exporters of Products of the milling industry (2022)
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Importers of Products of the milling industry (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Turkey$457M
Top Destination Growth (2021 -  2022)United States$571M

Between 2021 and 2022, the exports of Products of the milling industry grew the fastest in Turkey ($457M), China ($409M), Canada ($354M), Kazakhstan ($328M), and Vietnam ($245M).

Between 2021 and 2022, the fastest growing importers of Products of the milling industry were United States ($571M), Afghanistan ($252M), Netherlands ($188M), France ($168M), and Indonesia ($148M).

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Exporters of Products of the milling industry (2021 - 2022)

Importers of Products of the milling industry (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Products of the milling industry.

In 2022, market concentration measured using Shannon Entropy, was 5.29. This means that most of the exports of Products of the milling industry are explained by 39 countries.

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Value of Exports in Products of the milling industry

Net Trade

TOP NET EXPORTER (2022)Thailand$1.65B
TOP NET IMPORTER (2022)United States$1.68B

This map shows which countries export or import more of Products of the milling industry. Each country is colored based on the difference in exports and imports of Products of the milling industry during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Products of the milling industry were Thailand ($1.65B), Turkey ($1.63B), Germany ($1.28B), Canada ($1B), and Vietnam ($959M).

In 2022, the countries that had a largest trade value in imports than in exports of Products of the milling industry were United States ($1.68B), China ($1.39B), Afghanistan ($857M), Brazil ($794M), and Iraq ($696M).

Net Trade (2022)

Disaggregation

Value
Disaggregation

In 2022, the world most traded Products of the milling industry, disaggragated by their HS6 level were Starches ($7.2B), Wheat Flours ($6.73B), Malt ($4.75B), Processed Cereals ($2.72B), and Wheat Gluten ($2.32B)

HS6 Disaggregation for Products of the milling industry (2022)
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Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Products of the milling industry.
It is possible to select the main countries that export or import Products of the milling industry in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Products of the milling industry 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 (2022)

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