10 - Cereals (HS 10)
- Global exports of Cereals totaled $135.5B in 2024.
- The top exporter of Cereals is the United States, with an export value of $24.4B, representing 18.0% of the total.
- Global imports of Cereals were $137.5B in 2024.
- The top importer of Cereals is China, with an import value of $14.8B, accounting for 10.8% of the world's total.
- India is the second-largest exporter with $11.9B in exports (8.8% share).
- Mexico is the second-largest importer, with imports valued at $8.0B (5.8% share).
Global Trade in Cereals (HS2 10)
In 2024, the global trade of Cereals saw exports of $135.5B and imports of $137.5B. The trade is significantly influenced by key agricultural economies. The top five exporting nations account for nearly half of all cereal exports worldwide.
Top Exporters of Cereals
The leading exporter of Cereals in 2024 was the United States, which shipped $24.4B worth of the product, making up 18.0% of the global market. Following the United States were India, with exports of $11.9B (8.8% share), and Argentina, with $10.1B in exports (7.5% share). Ukraine and Brazil also ranked among the top five exporters.
Top Importers of Cereals
On the import side, China was the largest market for Cereals, with imports valued at $14.8B, or 10.8% of the global total. Other major importers included Mexico ($8.0B), Egypt ($6.8B), and Indonesia ($6.8B), highlighting the widespread demand for these essential commodities across different regions.
- USA is the top exporter (18.0% of reported exports).
- China is the top importer (10.8% of reported imports).
- Top 3 exporter concentration: 34.2%.
- Top 5 exporter concentration: 48.1%.
Cereals - product groups (4-digit) by top countries (Exports), 2024 (USD)
Cereals - country rank by trade value (Exports), 2015-2024 (USD)
Global export trend
Cereals - exports over time (Exports), 2015-2024 (USD)
HS4 drilldown
Cereals - top 4-digit product groups by export share (Exports), 2024 (USD)
| HS4 | Subcategory | Value | Share |
|---|---|---|---|
| 1005 | Maize (corn) | $44.62B | 32.9% |
| 1001 | Wheat and meslin | $42.46B | 31.3% |
| 1006 | Rice | $34.76B | 25.7% |
| 1003 | Barley | $7.71B | 5.7% |
| 1007 | Grain sorghum | $2.58B | 1.9% |
| 1008 | Buckwheat, millet and canary se… | $1.05B | 0.8% |
| 1004 | Oats | $1.04B | 0.8% |
| 1002 | Rye | $368.02M | 0.3% |
| HS4 | Subcategory | CAGR | 2024 value |
|---|---|---|---|
| 1007 | Grain sorghum | 25.9% | $2.58B |
| 1006 | Rice | 7.6% | $34.76B |
| 1004 | Oats | 5.6% | $1.04B |
| 1005 | Maize (corn) | 4.6% | $44.62B |
| 1002 | Rye | 2.7% | $368.02M |
| 1003 | Barley | 2.4% | $7.71B |
| 1001 | Wheat and meslin | 1.0% | $42.46B |
| 1008 | Buckwheat, millet and canary se… | 0.7% | $1.05B |
Cereals - top 4-digit product groups by import share (Imports), 2024 (USD)
| HS4 | Subcategory | Value | Share |
|---|---|---|---|
| 1001 | Wheat and meslin | $49.83B | 36.2% |
| 1005 | Maize (corn) | $43.95B | 32.0% |
| 1006 | Rice | $27.94B | 20.3% |
| 1003 | Barley | $9.24B | 6.7% |
| 1007 | Grain sorghum | $2.87B | 2.1% |
| 1008 | Buckwheat, millet and canary se… | $1.12B | 0.8% |
| 1004 | Oats | $1.11B | 0.8% |
| 1002 | Rye | $418.24M | 0.3% |
| HS4 | Subcategory | CAGR | 2024 value |
|---|---|---|---|
| 1007 | Grain sorghum | 28.8% | $2.87B |
| 1002 | Rye | 5.4% | $418.24M |
| 1001 | Wheat and meslin | 4.4% | $49.83B |
| 1006 | Rice | 4.0% | $27.94B |
| 1004 | Oats | 3.9% | $1.11B |
| 1003 | Barley | 3.7% | $9.24B |
| 1008 | Buckwheat, millet and canary se… | 3.5% | $1.12B |
| 1005 | Maize (corn) | 3.1% | $43.95B |
Explore country profiles
Top trade routes
| Exporter | Importer | Value | Share of exports |
|---|---|---|---|
| USA (USA) | Mexico (MEX) | $7.26B | 5.4% |
| USA (USA) | Japan (JPN) | $3.71B | 2.7% |
| Australia (AUS) | China (CHN) | $2.82B | 2.1% |
| USA (USA) | China (CHN) | $2.15B | 1.6% |
| Ukraine (UKR) | Spain (ESP) | $1.92B | 1.4% |
| USA (USA) | Colombia (COL) | $1.77B | 1.3% |
| Argentina (ARG) | Brazil (BRA) | $1.45B | 1.1% |
| India (IND) | Saudi Arabia (SAU) | $1.41B | 1.0% |
| Cambodia (KHM) | Viet Nam (VNM) | $1.40B | 1.0% |
| USA (USA) | Rep. of Korea (KOR) | $1.39B | 1.0% |
| Argentina (ARG) | Viet Nam (VNM) | $1.39B | 1.0% |
| Canada (CAN) | USA (USA) | $1.28B | 0.9% |
| Brazil (BRA) | Viet Nam (VNM) | $1.22B | 0.9% |
| France (FRA) | Belgium (BEL) | $1.22B | 0.9% |
| Brazil (BRA) | Egypt (EGY) | $1.10B | 0.8% |