# Milling products (HS2 11) Sector Trade Overview | Yugalinks

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Milling products at HS2 11, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs2/11

## Answer

The milling products sector recorded $26.9B in reported global trade in 2024, with -6.1% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $26.9B |
| Latest annual change | -6.1% |
| Active exporters | 188 |
| Active importers | 200 |
| Active HS6 products | 27 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $6.4B | 3,798 | 27 |
| 1996 | $6.9B | 3,880 | 27 |
| 1997 | $6.0B | 3,995 | 27 |
| 1998 | $5.2B | 4,028 | 27 |
| 1999 | $5.4B | 4,348 | 27 |
| 2000 | $5.4B | 5,039 | 27 |
| 2001 | $5.6B | 4,995 | 27 |
| 2002 | $6.1B | 5,172 | 27 |
| 2003 | $7.0B | 5,304 | 27 |
| 2004 | $8.1B | 5,506 | 27 |
| 2005 | $8.3B | 5,643 | 27 |
| 2006 | $9.1B | 5,677 | 27 |
| 2007 | $12.6B | 5,940 | 27 |
| 2008 | $16.6B | 6,198 | 27 |
| 2009 | $14.3B | 6,375 | 27 |
| 2010 | $14.3B | 6,418 | 27 |
| 2011 | $18.1B | 6,520 | 27 |
| 2012 | $18.2B | 6,732 | 27 |
| 2013 | $19.0B | 6,867 | 27 |
| 2014 | $19.4B | 7,086 | 27 |
| 2015 | $18.3B | 7,287 | 27 |
| 2016 | $18.1B | 7,534 | 27 |
| 2017 | $18.8B | 7,599 | 27 |
| 2018 | $20.3B | 7,708 | 27 |
| 2019 | $20.4B | 7,833 | 27 |
| 2020 | $20.1B | 7,910 | 27 |
| 2021 | $23.6B | 8,204 | 27 |
| 2022 | $28.0B | 8,264 | 27 |
| 2023 | $29.0B | 8,297 | 27 |
| 2024 | $26.9B | 8,244 | 27 |

## Growth and market structure

- Trend: Growing
- Three-year CAGR: +4.6%
- Five-year CAGR: +5.8%
- Historical peak: $29.0B in 2,023
- Positive-growth years: 82.8%
- Exporter concentration HHI: 1,389.3
- Importer concentration HHI: 975.7
- Trade volatility coefficient: 0.5

## Leading corridors

| Rank | Exporter | Importer | Trade value | Growth | HS6 products | Distance | FTA |
| ---: | --- | --- | ---: | ---: | ---: | ---: | --- |
| 1 | Canada | USA, Puerto Rico and US Virgin Islands | $1.1B | +7.7% | 27 | 556 km | Yes |
| 2 | Viet Nam | China | $987.5M | +5.5% | 8 | 2,732 km | Yes |
| 3 | Thailand | China | $928.2M | -8.3% | 15 | 2,887 km | Yes |
| 4 | USA, Puerto Rico and US Virgin Islands | Mexico | $594.5M | +2.2% | 27 | 3,359 km | Yes |
| 5 | Turkey | Iraq | $496.6M | -2.2% | 18 | 1,611 km | No |
| 6 | Argentina | Brazil | $448.3M | +8.8% | 9 | 1,675 km | Yes |
| 7 | Germany | Netherlands | $419.0M | +5.4% | 27 | 579 km | Yes |
| 8 | Uzbekistan | Afghanistan | $321.6M | +4.6% | 7 | 748 km | No |
| 9 | Belgium | Netherlands | $321.2M | -1.5% | 27 | 174 km | Yes |
| 10 | Kazakhstan | Afghanistan | $317.2M | +4.6% | 4 | 1,177 km | No |

## Leading exporters

| Rank | Country | Exports | Partners | HS6 products |
| ---: | --- | ---: | ---: | ---: |
| 1 | Germany | $2.4B | 161 | 27 |
| 2 | Thailand | $1.8B | 141 | 27 |
| 3 | Belgium | $1.7B | 166 | 27 |
| 4 | Turkey | $1.5B | 186 | 27 |
| 5 | France | $1.4B | 165 | 27 |
| 6 | Canada | $1.3B | 109 | 27 |
| 7 | Viet Nam | $1.2B | 105 | 27 |
| 8 | Netherlands | $1.2B | 164 | 27 |
| 9 | USA, Puerto Rico and US Virgin Islands | $1.2B | 164 | 27 |
| 10 | China | $908.6M | 169 | 27 |

## Leading importers

| Rank | Country | Imports | Partners | HS6 products |
| ---: | --- | ---: | ---: | ---: |
| 1 | USA, Puerto Rico and US Virgin Islands | $2.5B | 123 | 27 |
| 2 | China | $2.3B | 70 | 27 |
| 3 | Netherlands | $1.1B | 125 | 27 |
| 4 | Germany | $1.0B | 118 | 27 |
| 5 | Brazil | $950.9M | 57 | 27 |
| 6 | Mexico | $918.0M | 43 | 27 |
| 7 | France | $892.4M | 139 | 27 |
| 8 | United Kingdom | $670.8M | 113 | 27 |
| 9 | Afghanistan | $661.2M | 9 | 18 |
| 10 | Japan | $625.6M | 66 | 27 |

## HS6 products

- Wheat or meslin flour (HS6 110100)
- Cereal flour: of rye (HS6 110210)
- Cereal flour: of maize (corn) (HS6 110220)
- Cereal flour: of rice (HS6 110230)
- Cereal flours: n.e.s. in heading no. 1102 (HS6 110290)
- Cereal groats and meal: of wheat (HS6 110311)
- Cereal groats and meal: of oats (HS6 110312)
- Cereal groats and meal: of maize (corn) (HS6 110313)
- Cereal groats and meal: of rice (HS6 110314)
- Cereal groats and meal: n.e.c. in heading no. 1103 (HS6 110319)
- Cereal pellets (HS6 110320)
- Cereal pellets: of wheat (HS6 110321)
- Cereal pellets: of cereals other than wheat (HS6 110329)
- Cereal grains: rolled or flaked, of barley (HS6 110411)
- Cereal grains: rolled or flaked, of oats (HS6 110412)
- Cereal grains: rolled or flaked, other than oats (HS6 110419)
- Cereal grains: worked (eg hulled, pearled, sliced or kibbled) of barley (HS6 110421)
- Cereal grains: worked (egg hulled, pearled, sliced or kibbled) of oats (HS6 110422)
- Cereal grains: worked (egg hulled, pearled, sliced or kibbled) of maize (corn) (HS6 110423)
- Cereal grains: worked, other than rolled or flaked (egg. Hulled, pearled, sliced or kibbled) of cereals, excluding oats and maize, and rice of heading no.1006 (HS6 110429)
- Cereal: germ of cereals, whole, rolled, flaked or ground (HS6 110430)
- Flour, meal and powder: of potatoes (HS6 110510)
- Flakes, granules and pellets: of potatoes (HS6 110520)
- Flour, meal and powder: of the dried leguminous vegetables of heading no. 0713 (HS6 110610)
- Flour, meal and powder: of sago or of roots or tubers of heading no. 0714 (HS6 110620)
- Flour, meal and powder: of the products of chapter 8 (HS6 110630)
- Malt: not roasted (HS6 110710)
- Malt: roasted (HS6 110720)
- Starch: wheat (HS6 110811)
- Starch: maize (corn) starch (HS6 110812)
- Starch: potato (HS6 110813)
- Starch: manioc (cassava) (HS6 110814)
- Starch: n.e.s. in item no. 1108.11 to 1108.14 (HS6 110819)
- Inulin (HS6 110820)
- Wheat gluten: whether or not dried (HS6 110900)

## Definitions and coverage

Merchandise trade observations aggregated to HS2. Growth, concentration, volatility, and peak comparisons calculated from reported observations. Missing values remain unavailable and are not imputed.

Reported observations cover 1995-2024. The data release was refreshed 2026-07-20 09:34:08.

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## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). [OECD Data Explorer](https://data-explorer.oecd.org/) · [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) · [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) · [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

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