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2022
Exports $16.2MWorld Rnk 34 / 104
Flag Rnk 771 / 1216
2022
Destination $2.93M Ireland
2021 - 2022
FASTEST GROWING MARKET $2.93MUnited States
2022
PRODUCT COMPLEXITY IN Starch Residue-0.09Rnk 577 / 1025
2022
Imports $197MWorld Rnk 11 / 148
Flag Rnk 453 / 1214
2022
Origin $15.5M United States
2021 - 2022
FASTEST GROWING ORIGIN $15.5MUnited States
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $16.2M in Starch Residue, making it the 34th largest exporter of Starch Residue in the world. At the same year, Starch Residue was the 771st most exported product in United Kingdom. The main destination of Starch Residue exports from United Kingdom are: Ireland ($5.61M), Denmark ($3.61M), United States ($3.14M), Russia ($1.06M), and France ($705k).

The fastest growing export markets for Starch Residue of United Kingdom between 2021 and 2022 were United States ($2.93M), Denmark ($2.78M), and Russia ($1.06M).

Imports In 2022, United Kingdom imported $197M in Starch Residue, becoming the 11th largest importer of Starch Residue in the world. At the same year, Starch Residue was the 453rd most imported product in United Kingdom. United Kingdom imports Starch Residue primarily from: United States ($52.2M), Netherlands ($31.3M), Ireland ($23.1M), Sweden ($13.7M), and Belgium ($12.9M).

The fastest growing import markets in Starch Residue for United Kingdom between 2021 and 2022 were United States ($15.5M), Russia ($11M), and Belgium ($6.72M).

Latest Trends

June 2024

About

Overview In June 2024 United Kingdom's Starch Residue exports accounted up to £591k and imports accounted up to £13.2M, resulting in a negative trade balance of £12.6M. Between June 2023 and June 2024 the exports of United Kingdom's   Starch Residue have decreased by £-632k (-51.7%) from £1.22M to £591k, while imports increased by £4.84M (57.7%) from £8.39M to £13.2M.

Destinations In June 2024, Starch Residue were exported mostly to Ireland (£570k), Germany (£10.8k), Lithuania (£8.21k), Sweden (£822), and Poland (£733), and were imported mostly from United States (£8.15M), Ireland (£1.42M), Netherlands (£1.31M), Poland (£721k), and France (£434k).

Growth In June 2024, the decrease in Starch Residue's year-by-year exports was explained primarily by a decrease in exports to . In June 2024, the increase in Starch Residue's year-by-year imports was explained primarily by an increase in imports from Ireland (£2.65M or 130%), Russia (£1.67M or 240%), and Austria (£392k or 1.14k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)£-632k(-51.7%)
IMPORT GROWTH (June 2023 - June 2024)£4.84M(57.7%)
MAIN EXPORTER (June 2024)Sunderland£797k
MAIN DESTINATION (June 2024)Ireland£570k

This section shows Starch Residue's exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Starch Residue over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$16.2M
IMPORTS (2022)$197M
NET TRADE (2022)-$181M

In 2022, United Kingdom exported $16.2M in Starch Residue. The main destinations of United Kingdom exports on Starch Residue were Ireland ($5.61M), Denmark ($3.61M), United States ($3.14M), Russia ($1.06M), and France ($705k).

In 2022, United Kingdom imported $197M in Starch Residue, mainly from United States ($52.2M), Netherlands ($31.3M), Ireland ($23.1M), Sweden ($13.7M), and Belgium ($12.9M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Starch Residue EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
United States$2.93M (1.38k%)
Denmark$2.78M (334%)
Russia$1.06M (106M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Starch Residue BY United Kingdom WERE (2021 - 2022):
Ireland-$9.96M (-64%)
Netherlands-$1.2M (-70.4%)
Japan-$37.7k (-26.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Starch Residue were:
United States $4.14B
China $592M
Russia $277M
In 2022, United Kingdom's main importing competitors in Starch Residue were:
South Korea $719M
Mexico $627M
Vietnam $544M

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Trade Value of Starch Residue by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIreland+ $1.25M
TOP IMPORT POTENTIALUnited States+ $8.25M

Starch Residue’s highest export potential is Ireland. With an export gap of $1.25M.   Starch Residue’s highest import potential is United States with an import gap of $8.25M.

See methodology.

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