Overview of the Globally Leading Food and Beverage Traders
The food and beverage industry captures different Industrial sectors like the manufacturing industry, agricultural industry, distribution, and details with a wide range of products significantly the one from fresh products to processed goods. From a global market value of 6.8 trillion US dollars in 2020 to a gradual increase of 7.5 trillion US dollars in 2023 the export market of staple food products has increased year by year representing a static increase in gradual global growth.
The efficacy of the production sectors and the vast number of workforce engaged in the manufacturing of essential necessities as per the globally acquired demands are recording a growth rate of 4.6% CAGR each year in the food and beverage market.
Top 10 Food and Beverage Exports of 2023
The leading global food and beverage exports according to the Global Food and Beverage Trade Data are,
1. Coffee - Global valuation of Coffee export in 2023 - 156 billion US dollars.
2. Chocolate - Global valuation of Chocolate export in 2023 - 128 billion US dollars.
3. Wine - Global valuation of Wine export in 2023 - 88 billion US dollars.
4. Meat - Global valuation of Meat export in 2023 - 74 billion US dollars.
5. Dairy Products - Global valuation of Dairy products exported in 2023 - 51 billion US dollars.
6. Beer - Global valuation of Beer export in 2023 - 39 billion US dollars.
7. Fruits and Vegetables - Global valuation of Fruits and vegetables export in 2023 - 28 billion US dollars.
8. Seafood - Global valuation of Seafood export in 2023 - 24 billion US dollars.
9. Snacks and Confectionery - Global valuation of Snacks and confectionery export in 2023 - 23 billion US dollars.
10. Spices - Global valuation of Spices exported in 2023 - 18 billion US dollars.
Top 10 Exporters of Food and Beverage in 2023
As per the Global Food and Beverage Export Data, the top 10 leading export trade destinations of 2023 are,
1. China - As per the China Export Data, the valuation of the food and beverage export in 2023 - 329 billion US dollars.
EXPORTED VARIANTS
• Wheat • Rice • Bananas • Oranges • Grapes
2. United States - As per the USA Export Data, the valuation of the food and beverage export in 2023 - 189 billion US dollars.
EXPORTED VARIANTS
• Olive oil • Sunflower oil • Coffee • Tea • Wine
3. Germany - As per the Germany Export Data, the valuation of the food and beverage export in 2023 - 150 billion US dollars.
EXPORTED VARIANTS
• Beer • Fruits juices • Mineral water • Wines • Spirits
4. Netherlands - As per the Netherlands Export Data, the valuation of the food and beverage export in 2023 - 110 billion US dollars.
EXPORTED VARIANTS
• Bananas • Citrus fruits • Apples and pears • Berries • Grapes
5. Brazil - As per the Brazil Export Data, the valuation of the food and beverage export in 2023 - 89 billion US dollars.
Que. What is the total export trade value of food and beverage in 2023? Ans. The total export trade value of food and beverage in 2023 is 8 trillion US dollars.
Que. Who is the top global exporter of food and beverage in 2023? Ans. China is the top global exporter of food and beverages in 2023.
Que. What is the top globally exported product of food and beverage in 2023? Ans. Coffee is the top globally exported product of food and beverage in 2023.
Que. Where can you get a detailed trade analysis of the global food and beverage market in 2023? Ans. By subscribing to Import Globals you can get a detailed trade analysis of the global food and beverage market 2023.