Grain Market - Germany’s Cereal Grain Exports Increased by 13% in 2014

Cereals September 06, 2015
Author: Olga Minchina
Account Manager

grain market

With strong export numbers in 2014, Germany took the second spot in the global cereal grain trade. In 2014, Germany exported 208 thousand tonnes of cereal grains totaling 154 million USD, 13% over the previous year. Its primary trading partner on the global grain market was the Netherlands, where it supplied 17% of its total cereal grain exports in value terms, accounting for 26% of the Netherlands's total imports.

From 2007 to 2014, Germany was a net exporter of cereal grains. Over this period, exports consistently exceeded imports in value terms. However, in physical terms, the difference was less pronounced.

Canada and the United Kingdom were among the other main global suppliers of cereal grains in 2014. However, the fastest growing exporters from 2007 to 2014 were Bulgaria (+35% per year) and Germany (+17% per year). Germany, by virtue of this sustained growth, was able to significantly strengthen its position in the global export structure.

In addition to the Netherlands, Germany's top 4 trading partners in 2014 were Spain, Austria, France and Italy, with a combined 48% share of Germany's cereal grain exports. The share of Spain increased modestly (+4 percentage points), while the share of France illustrated negative dynamics (-5 percentage points).

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Source: World: Cereal Grains - Market Report. Analysis And Forecast To 2020