Malt in United States

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

2019
Destination | Origin
: $205M | $195M, Mexico | Canada

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

2019
ECONOMIC COMPLEXITY of United States
: 1.64, Rnk 9 / 157

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 (0.58%), Algeria (0.58%), Egypt (0.58%), Eritrea (0.58%), and Western Sahara (0.58%).

Overview: In January 2021 United States' Malt exports accounted up to $19M and imports accounted up to $17.3M, resulting in a positive trade balance of $1.73M. Between January 2020 and January 2021 the exports of United States'   Malt have decreased by $-564k (-2.88%) from $19.6M to $19M, while imports decreased by $-4.56M (-20.9%) from $21.9M to $17.3M.

Destinations: In January 2021 Malt exported mostly to Mexico ($17.9M), Canada ($818k), Japan ($108k), South Korea ($43.2k), and Australia ($41.9k), and imported mostly from Canada ($11.2M), Germany ($3.23M), United Kingdom ($2.32M), Netherlands ($140k), and Belgium ($126k).

Growth: In January 2021, the decrease in Malt's year-by-year exports was explained primarily by a decrease in exports to Mexico ($-801k or -4.28%), Japan ($-116k or -51.9%), and Trinidad and Tobago ($-27.8k or -57.3%). In January 2021, the decrease in Malt's year-by-year imports was explained primarily by a decrease in imports from Canada ($-4.15M or -27.1%), Germany ($-210k or -6.09%), and Netherlands ($-150k or -51.8%).

Subnational Monthly Trade

#permalink to section
Flow
Value

EXPORT GROWTH (January 2020 - January 2021): $-564k, (-2.88%)

IMPORT GROWTH (January 2020 - January 2021): $-4.56M, (-20.9%)

MAIN EXPORTER (January 2021): Idaho, $5.28M

MAIN DESTINATION (January 2021): Mexico, $17.9M

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.

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).

Explore Visualizations

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):

Explore Visualizations

Market Concentration

#permalink to section
Flow
Type

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

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

Explore Visualizations

Tariffs by Country

#permalink to section

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 (0.58%), Algeria (0.58%), Egypt (0.58%), Eritrea (0.58%), and Western Sahara (0.58%).

Explore Tariff Data