section_path: Production and trade commodities/Trade
section_name: Trade
paragraph_text: Trade
  
  Cereals are the most traded commodities by quantity in 2021, with wheat, maize, and rice the main cereals involved. The Americas and Europe are the largest exporters, and Asia is the largest importer. The largest exporter of maize is the US, while India is the largest exporter of rice. China is the largest importer of maize and of rice. Many other countries trade cereals, both as exporters and as importers. Cereals are traded as futures on world commodity markets, helping to mitigate the risks of changes in price for example, if harvests fail.