HS4 subsector intelligence

Flours, meals and pellets
HS4 2301 trade overview

A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.

HS4 23011995-2024 coverageGrowing
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$9.3BGlobal subsector value
02

Annual change

-2.4%Latest year on year
03

Exporters

129Active reporting countries
04

Importers

174Active reporting countries
05

HS6 products

2Classifications inside HS4

The subsector read

$9.3B in trade, with +4.1% annualized growth over three years.

Flours, meals and pellets is recorded across 2,179 active corridors, with 129 exporters and 174 importers.

Annual trend

Subsector momentum over time

Reported global trade from 1995 to 2024. Read the methodology ↗

Annual subsector tradeReported global trade from 1995 to 2024.1995: $2.4B1996: $2.8B1997: $2.9B1998: $2.3B1999: $2.1B2000: $2.5B2001: $2.4B2002: $2.6B2003: $2.5B2004: $2.8B2005: $3.1B2006: $3.6B2007: $3.8B2008: $4.2B2009: $4.6B2010: $5.5B2011: $5.6B2012: $5.9B2013: $6.2B2014: $6.4B2015: $6.1B2016: $5.7B2017: $6.4B2018: $7.0B2019: $6.7B2020: $6.8B2021: $8.2B2022: $9.2B2023: $9.4B2024: $9.3B
Reported global trade by year.

Top trade corridors

Where the subsector moves

Leading exporter-to-importer relationships by latest reported value. See data sources ↗

Latest reported relationshipsTop 10 by trade value
RankExporterImporterTrade valueGrowthHS6DistanceFTA
1PeruPERChinaCHN$1.4B-1.1%117,167 kmYes
2USA, Puerto Rico and US Virgin IslandsUSAChinaCHN$315.7M+4.7%211,883 kmNo
3Viet NamVNMChinaCHN$313.2M+18.9%12,732 kmYes
4ChileCHLChinaCHN$268.3M+34%118,861 kmYes
5RussiaRUSChinaCHN$248.4M+29.5%16,831 kmNo
6USA, Puerto Rico and US Virgin IslandsUSAViet NamVNM$172.0M+22.6%214,306 kmNo
7HungaryHUNViet NamVNM$171.6M-2.8%18,959 kmYes
8DenmarkDNKNorwayNOR$170.5M+9%2484 kmYes
9ThailandTHAChinaCHN$168.5M+17.6%12,887 kmYes
10USA, Puerto Rico and US Virgin IslandsUSAIndonesiaIDN$149.2M-6.2%216,181 kmNo

Market structure

Where supply and demand concentrate

Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗

Top exporters2024 ranking
RankCountryExportsPartnersHS6
1PeruPER$1.6B332
2USA, Puerto Rico and US Virgin IslandsUSA$1.0B582
3ChileCHL$492.4M282
4DenmarkDNK$401.8M582
5Viet NamVNM$359.1M282
6RussiaRUS$291.2M132
7GermanyDEU$287.1M632
8IndiaIND$285.0M452
9SpainESP$244.9M542
10NorwayNOR$244.7M532
Top importers2024 ranking
RankCountryImportsPartnersHS6
1ChinaCHN$3.3B342
2Viet NamVNM$764.5M532
3NorwayNOR$420.5M262
4IndonesiaIDN$303.4M422
5TurkeyTUR$302.8M442
6JapanJPN$257.5M402
7ThailandTHA$250.2M462
8USA, Puerto Rico and US Virgin IslandsUSA$248.0M362
9GermanyDEU$243.4M552
10United KingdomGBR$224.8M402

HS6 product coverage

The products inside HS4 2301

Six-digit classifications make the subsector specific. Browse the product workspace ↗

2 classifications shownFlours, meals and pellets
01
Flours, meals and pellets: of meat or meat offal, greavesHS6 230110
02
Flours, meals and pellets: of fish or of crustaceans, molluscs or other aquatic invertebratesHS6 230120

Definitions and coverage

Read the numbers with context

Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗

01

Reported values

Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.

02

Calculated indicators

Growth, concentration, volatility, and peak comparisons are calculated from reported observations.

03

Missing data

Unavailable observations remain unavailable. They are not filled, interpolated, or presented as forecasts.

Coverage: 1995-2024 · Data refreshed 2026-07-20 09:34:09

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.