HS Icon Malt in  Flag United States

2019
Exports | Imports
: $222M | $288M, World Rnk 8 / 103
Flag Rnk 545 / 1217 | World Rnk 3 / 192
Flag Rnk 616 / 1215

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $224k | $942k, South Africa |  Germany

2019
ECONOMIC COMPLEXITY of United States
: 1.59, Rnk 9 / 147

2019
PRODUCT COMPLEXITY  IN Malt
: -0.12, Rnk 589 / 1029

Exports: In 2019, United States exported $222M in Malt, making it the 8th largest exporter of Malt in the world. At the same year, Malt was the 545th most exported product in United States. The main destination of Malt exports from United States are: Mexico ($205M), Canada ($5.43M), South Africa ($3.02M), South Korea ($2.76M), and Japan ($1.76M).

The fastest growing export markets for Malt of United States between 2018 and 2019 were South Africa ($224k), Malaysia ($200k), and Indonesia ($155k).

Imports: In 2019, United States imported $288M in Malt, becoming the 3rd largest importer of Malt in the world. At the same year, Malt was the 616th most imported product in United States. United States imports Malt primarily from: Canada ($195M), Germany ($52.2M), United Kingdom ($31.4M), Belgium ($2.89M), and Netherlands ($2.72M).

The fastest growing import markets in Malt for United States between 2018 and 2019 were Germany ($942k), Canada ($508k), and Poland ($194k).

Tariffs: In 2017, the average tariff for United States in Malt was 0.37%. The countries with the highest import tariffs for Malt were Cote d'Ivoire (Most Favoured Nation duty rate treatement, 0.58%), Algeria (Most Favoured Nation duty rate treatement, 0.58%), Egypt (Most Favoured Nation duty rate treatement, 0.58%), Eritrea (Most Favoured Nation duty rate treatement, 0.58%), and Western Sahara (Most Favoured Nation duty rate treatement, 0.58%).

Latest Trends (May 2021)

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Overview: In May 2021 United States' Malt exports accounted up to $24.5M and imports accounted up to $23.4M, resulting in a positive trade balance of $1.1M. Between May 2020 and May 2021 the exports of United States'   Malt have increased by $14.5M (146%) from $9.95M to $24.5M, while imports increased by $6.47M (38.3%) from $16.9M to $23.4M.

Destinations: In May 2021, Malt were exported mostly to Mexico ($23.4M), Canada ($903k), Jamaica ($51.4k), Colombia ($23k), and Guatemala ($19.5k), and were imported mostly from Canada ($16.5M), Germany ($3.52M), United Kingdom ($1.99M), Belgium ($436k), and Ireland ($398k).

Growth: In May 2021, the increase in Malt's year-by-year exports was explained primarily by an increase in exports to Mexico ($14.7M or 168%), Canada ($208k or 29.9%), and Australia ($3.87k or 44.1%). In May 2021, the increase in Malt's year-by-year imports was explained primarily by an increase in imports from Canada ($4.56M or 38.3%), Germany ($622k or 21.5%), and United Kingdom ($572k or 40.4%).

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (May 2020 - May 2021): $14.5M, (146%)

IMPORT GROWTH (May 2020 - May 2021): $6.47M, (38.3%)

MAIN EXPORTER (May 2021): Wisconsin, $6.84M

MAIN DESTINATION (May 2021): Mexico, $23.4M

This section shows Malt's exports and imports data at subnational level for United States. 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 Malt over time.

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Historical Data

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Value

EXPORTS (2019): $222M

IMPORTS (2019): $288M

NET TRADE (2019): -$66.8M

In 2019, United States exported $222M in Malt. The main destinations of United States exports on Malt were Mexico ($205M), Canada ($5.43M), South Africa ($3.02M), South Korea ($2.76M), and Japan ($1.76M).

In 2019, United States imported $288M in Malt, mainly from Canada ($195M), Germany ($52.2M), United Kingdom ($31.4M), Belgium ($2.89M), and Netherlands ($2.72M).

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IN 2019, United States HAD A POSITIVE NET TRADE IN Malt WITH:

IN 2019, United States HAD A NEGATIVE NET TRADE IN Malt WITH:

Flow

THE FASTEST GROWING Malt EXPORT MARKETS FOR United States WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Malt BY United States WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2018, United States's main exporting competitors in Malt were:

In 2018, United States's main importing competitors in Malt were:

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Tariffs by Country

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In 2017, the average tariff for United States in Malt was 0.37%.

The countries with the highest tariffs for Malt in United States were Cote d'Ivoire (Most Favoured Nation duty rate treatement, 0.58%), Algeria (Most Favoured Nation duty rate treatement, 0.58%), Egypt (Most Favoured Nation duty rate treatement, 0.58%), Eritrea (Most Favoured Nation duty rate treatement, 0.58%), and Western Sahara (Most Favoured Nation duty rate treatement, 0.58%).