Starch Residue in United States 2019 Exports | Imports : $2.94B | $140M, World Rnk 1 / 102 Rnk 103 / 1217 | World Rnk 13 / 151 Rnk 767 / 1215
2018 - 2019 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $16.5M | $2.12M, Philippines | Nigeria
2019 ECONOMIC COMPLEXITY of United States: 1.59, Rnk 9 / 147
2019 PRODUCT COMPLEXITY IN Starch Residue: 0.2, Rnk 480 / 1029
Exports In 2019, United States exported $2.94B in Starch Residue, making it the 1st largest exporter of Starch Residue in the world. At the same year, Starch Residue was the 103rd most exported product in United States. The main destination of Starch Residue exports from United States are: Mexico ($430M), Vietnam ($267M), Indonesia ($259M), South Korea ($240M), and Japan ($172M).
The fastest growing export markets for Starch Residue of United States between 2018 and 2019 were Philippines ($16.5M), Bangladesh ($14.5M), and Indonesia ($14.1M).
Imports In 2019, United States imported $140M in Starch Residue, becoming the 13th largest importer of Starch Residue in the world. At the same year, Starch Residue was the 767th most imported product in United States. United States imports Starch Residue primarily from: Canada ($64.4M), Germany ($40.7M), Norway ($9.09M), Denmark ($5.71M), and Nigeria ($4.92M).
The fastest growing import markets in Starch Residue for United States between 2018 and 2019 were Nigeria ($2.12M), Chile ($572k), and India ($385k).
Tariffs In 2018, the average tariff for United States in Starch Residue was 0.3%. The countries with the highest import tariffs for Starch Residue were Algeria (Most Favoured Nation duty rate treatement, 0.47%), Egypt (Most Favoured Nation duty rate treatement, 0.47%), Eritrea (Most Favoured Nation duty rate treatement, 0.47%), Western Sahara (Most Favoured Nation duty rate treatement, 0.47%), and Equatorial Guinea (Most Favoured Nation duty rate treatement, 0.47%).
September 2021
Overview In September 2021 United States' Starch Residue exports accounted up to $263M and imports accounted up to $7.13M, resulting in a positive trade balance of $256M. Between September 2020 and September 2021 the exports of United States' Starch Residue have decreased by $-18.1M (-6.44%) from $282M to $263M, while imports increased by $206k (2.97%) from $6.93M to $7.13M.
Destinations In September 2021, Starch Residue were exported mostly to Mexico ($42.1M), Vietnam ($31.2M), South Korea ($29.2M), Canada ($26.4M), and Indonesia ($26M), and were imported mostly from Canada ($5.32M), Germany ($662k), France ($320k), Brazil ($270k), and Pakistan ($216k).
Growth In September 2021, the decrease in Starch Residue's year-by-year exports was explained primarily by a decrease in exports to Japan ($-13.5M or -65.7%), Turkey ($-11.3M or -61%), and Colombia ($-10.5M or -74.4%). In September 2021, the increase in Starch Residue's year-by-year imports was explained primarily by an increase in imports from Germany ($361k or 120%), France ($149k or 87.5%), and Canada ($112k or 2.15%).
EXPORT GROWTH (September 2020 - September 2021): $-18.1M, (-6.44%)
IMPORT GROWTH (September 2020 - September 2021): $206k, (2.97%)
MAIN EXPORTER (September 2021): Illinois, $94.4M
MAIN DESTINATION (September 2021): Mexico, $42.1M
This section shows Starch Residue'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 Starch Residue over time.
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EXPORTS (2019): $2.94B
IMPORTS (2019): $140M
NET TRADE (2019): $2.8B
In 2019, United States exported $2.94B in Starch Residue. The main destinations of United States exports on Starch Residue were Mexico ($430M), Vietnam ($267M), Indonesia ($259M), South Korea ($240M), and Japan ($172M).
In 2019, United States imported $140M in Starch Residue, mainly from Canada ($64.4M), Germany ($40.7M), Norway ($9.09M), Denmark ($5.71M), and Nigeria ($4.92M).
IN 2019, United States HAD A POSITIVE NET TRADE IN Starch Residue WITH:
IN 2019, United States HAD A NEGATIVE NET TRADE IN Starch Residue WITH:
THE FASTEST GROWING Starch Residue EXPORT MARKETS FOR United States WERE (2018 - 2019):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Starch Residue BY United States WERE (2018 - 2019):
In 2019, United States's main exporting competitors in Starch Residue were:
In 2019, United States's main importing competitors in Starch Residue were:
In 2018, the average tariff for United States in Starch Residue was 0.3%.
The countries with the highest tariffs for Starch Residue in United States were Algeria (Most Favoured Nation duty rate treatement, 0.47%), Egypt (Most Favoured Nation duty rate treatement, 0.47%), Eritrea (Most Favoured Nation duty rate treatement, 0.47%), Western Sahara (Most Favoured Nation duty rate treatement, 0.47%), and Equatorial Guinea (Most Favoured Nation duty rate treatement, 0.47%).