Starch Residue in United States

2019
Exports | Imports
: $2.94B | $140M, World Rnk 1 / 102
Flag Rnk 103 / 1217 | World Rnk 13 / 151
Flag Rnk 767 / 1215

2019
Destination | Origin
: $430M | $64.4M, Mexico | Canada

2018 - 2019
FASTEST GROWING MARKET |  FASTEST GROWING ORIGIN
: $16.5M | $2.12M, Philippines |  Nigeria

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

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 (0.47%), Egypt (0.47%), Eritrea (0.47%), Western Sahara (0.47%), and Equatorial Guinea (0.47%).

Overview: In January 2021 United States' Starch Residue exports accounted up to $293M and imports accounted up to $6.62M, resulting in a positive trade balance of $286M. Between January 2020 and January 2021 the exports of United States'   Starch Residue have increased by $50.1M (20.6%) from $243M to $293M, while imports decreased by $-2.92M (-30.6%) from $9.54M to $6.62M.

Destinations: In January 2021 Starch Residue exported mostly to Mexico ($52.1M), Indonesia ($29.3M), South Korea ($27.1M), Chile ($23.5M), and Vietnam ($22.9M), and imported mostly from Canada ($4.56M), Norway ($882k), Denmark ($317k), Germany ($212k), and Netherlands ($186k).

Growth: In January 2021, the increase in Starch Residue's year-by-year exports was explained primarily by an increase in exports to Chile ($17.9M or 317%), Mexico ($14.3M or 37.8%), and Ireland ($10.5M or 84.5%). In January 2021, the decrease in Starch Residue's year-by-year imports was explained primarily by a decrease in imports from Germany ($-2.13M or -90.9%), Belgium ($-351k or -96%), and Canada ($-332k or -6.78%).

Subnational Monthly Trade

#permalink to section
Flow
Value

EXPORT GROWTH (January 2020 - January 2021): $50.1M, (20.6%)

IMPORT GROWTH (January 2020 - January 2021): $-2.92M, (-30.6%)

MAIN EXPORTER (January 2021): Illinois, $106M

MAIN DESTINATION (January 2021): Mexico, $52.1M

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.

Value

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).

Explore Visualizations

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:

Flow

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):

Explore Visualizations

Market Concentration

#permalink to section
Flow
Type

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

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

Explore Visualizations

Tariffs by Country

#permalink to section

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 (0.47%), Egypt (0.47%), Eritrea (0.47%), Western Sahara (0.47%), and Equatorial Guinea (0.47%).

Explore Tariff Data