Malt in United States | The Observatory of Economic Complexity

About

Exports In 2023, United States exported $269M in Malt, making it the 9th largest exporter of Malt in the world. At the same year, Malt was the 509th most exported product in United States. The main destination of Malt exports from United States are: Mexico ($257M), Canada ($6.17M), Japan ($1.61M), Grenada ($1.1M), and Australia ($367k).

The fastest growing export markets for Malt of United States between 2022 and 2023 were Mexico ($81M), Trinidad and Tobago ($215k), and Grenada ($197k).

Imports In 2023, United States imported $306M in Malt, becoming the 4th largest importer of Malt in the world. At the same year, Malt was the 640th most imported product in United States. United States imports Malt primarily from: Canada ($228M), Germany ($49.4M), United Kingdom ($21.1M), Belgium ($3.59M), and Netherlands ($931k).

The fastest growing import markets in Malt for United States between 2022 and 2023 were Canada ($30.2M), Belgium ($267k), and Denmark ($141k).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (78), Costco Wholesale (14), and Walong Marketing (13) were at the forefront of shipping Malt to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Malt exports accounted up to $14.3M and imports accounted up to $20.4M, resulting in a negative trade balance of $6.14M. Between November 2023 and November 2024 the exports of United States' Malt have decreased by $-5.74M (-28.7%) from $20M to $14.3M, while imports decreased by $-1.83M (-8.22%) from $22.3M to $20.4M.

Destinations In November 2024, Malt were exported mostly to Mexico ($13.6M), Canada ($435k), Bahamas ($81k), Guatemala ($42.3k), and Japan ($37.5k), and were imported mostly from Canada ($16.2M), Germany ($2.23M), United Kingdom ($1.46M), Belgium ($288k), and Poland ($89.8k).

Growth In November 2024, the decrease in Malt's year-by-year exports was explained primarily by a decrease in exports to Trinidad and Tobago ($-19k or -43%). In November 2024, the decrease in Malt's year-by-year imports was explained primarily by a decrease in imports from Netherlands ($-101k or -78.1%), United Kingdom ($-40k or -2.23%), and France ($-24.7k or -31.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)$-5.74M(-28.7%)

IMPORT GROWTH (November 2023 - November 2024)$-1.83M(-8.22%)

MAIN EXPORTER (November 2024)Wisconsin$12.5M

MAIN DESTINATION (November 2024)Mexico$13.6M

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

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$269M

IMPORTS (2023)$306M

NET TRADE (2023)-$37.7M

In 2023, United States exported $269M in Malt. The main destinations of United States exports on Malt were Mexico ($257M), Canada ($6.17M), Japan ($1.61M), Grenada ($1.1M), and Australia ($367k).

In 2023, United States imported $306M in Malt, mainly from Canada ($228M), Germany ($49.4M), United Kingdom ($21.1M), Belgium ($3.59M), and Netherlands ($931k).

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