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2023
Exports $3.99BWorld Rnk 1 / 102
Flag Rnk 90 / 1217
2023
Destination $355M Mexico
2022 - 2023
FASTEST GROWING MARKET $355MMexico
2023
PRODUCT COMPLEXITY IN Starch Residue-0.091Rnk 587 / 1025
2023
Imports $84MWorld Rnk 24 / 153
Flag Rnk 888 / 1215
2023
Origin $2.51M Canada
2022 - 2023
FASTEST GROWING ORIGIN $2.51MGermany
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $3.99B in Starch Residue, making it the 1st largest exporter of Starch Residue in the world. At the same year, Starch Residue was the 90th most exported product in United States. The main destination of Starch Residue exports from United States are: Mexico ($541M), South Korea ($382M), Indonesia ($372M), Vietnam ($361M), and Canada ($261M).

The fastest growing export markets for Starch Residue of United States between 2022 and 2023 were Mexico ($355M), Turkey ($38.3M), and Ecuador ($22.1M).

Imports In 2023, United States imported $84M in Starch Residue, becoming the 24th largest importer of Starch Residue in the world. At the same year, Starch Residue was the 888th most imported product in United States. United States imports Starch Residue primarily from: Canada ($54.2M), Brazil ($6.32M), France ($5.09M), Germany ($4.47M), and Denmark ($2.38M).

The fastest growing import markets in Starch Residue for United States between 2022 and 2023 were Germany ($2.51M), Egypt ($1.98M), and Belgium ($1.34M).

COMPANIES In 2023, leading companies such as Disney Cruise Line (6), Lollicup (4), and Norwegian Cruise Line (3) were at the forefront of shipping Starch Residue to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Starch Residue exports accounted up to $276M and imports accounted up to $4.83M, resulting in a positive trade balance of $272M. Between November 2023 and November 2024 the exports of United States'   Starch Residue have decreased by $-28.2M (-9.26%) from $305M to $276M, while imports decreased by $-1.16M (-19.4%) from $5.99M to $4.83M.

Destinations In November 2024, Starch Residue were exported mostly to Mexico ($49.7M), Vietnam ($29.3M), Colombia ($25.7M), Indonesia ($25.1M), and Turkey ($19.3M), and were imported mostly from Canada ($2.66M), Brazil ($616k), France ($479k), Denmark ($285k), and Chile ($177k).

Growth In November 2024, the decrease in Starch Residue's year-by-year exports was explained primarily by a decrease in exports to Turkey ($-15.2M or -81%), Spain ($-13.2M or -69%), and Morocco ($-8.4M or -81.7%). In November 2024, the decrease in Starch Residue's year-by-year imports was explained primarily by a decrease in imports from Germany ($-1.52M or -96.5%), Norway ($-671k or -95.3%), and Denmark ($-245k or -50.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-28.2M(-9.26%)
IMPORT GROWTH (November 2023 - November 2024)$-1.16M(-19.4%)
MAIN EXPORTER (November 2024)Illinois$109M
MAIN DESTINATION (November 2024)Mexico$49.7M

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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Historical Data

Trade Balance

Color
EXPORTS (2023)$3.99B
IMPORTS (2023)$84M
NET TRADE (2023)$3.9B

In 2023, United States exported $3.99B in Starch Residue. The main destinations of United States exports on Starch Residue were Mexico ($541M), South Korea ($382M), Indonesia ($372M), Vietnam ($361M), and Canada ($261M).

In 2023, United States imported $84M in Starch Residue, mainly from Canada ($54.2M), Brazil ($6.32M), France ($5.09M), Germany ($4.47M), and Denmark ($2.38M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Starch Residue EXPORT MARKETS FOR United States WERE (2022 - 2023):
Mexico$355M (190%)
Turkey$38.3M (23.3%)
Ecuador$22.1M (85.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Starch Residue BY United States WERE (2022 - 2023):
New Zealand-$98M (-76.7%)
Vietnam-$68.5M (-16%)
Canada-$53.2M (-17%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Starch Residue were:
China $637M
Russia $290M
In 2023, United States's main importing competitors in Starch Residue were:
South Korea $694M
Mexico $543M
Vietnam $476M

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Trade Value of Starch Residue by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $22.7M
TOP IMPORT POTENTIALChina+ $2.94M

Starch Residue’s highest export potential is Canada. With an export gap of $22.7M.   Starch Residue’s highest import potential is China with an import gap of $2.94M.

See methodology.

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