Starch Residue in United States

EXPORTS (2018): $3.25B, World Rnk 1 / 89
Flag Rnk 92 / 1222

TOP DESTINATION (2018): $427M, Mexico

FASTEST GROWING MARKET (2017 - 2018): $211M, Vietnam

IMPORTS (2018): $160M, World Rnk 12 / 129
Flag Rnk 744 / 1217

TOP ORIGIN (2018): $75.8M, Canada

FASTEST GROWING ORIGIN (2017 - 2018): $15.6M, Canada

ECONOMIC COMPLEXITY of United States (2018): 1.57, Rnk 9 / 137

PRODUCT COMPLEXITY  IN Starch Residue (2018): 0.18, Rnk 471 / 1018

Exports: In 2018, United States exported $3.25B in Starch Residue, making it the 1st largest exporter of Starch Residue in the world. At the same year, Starch Residue was the 92nd most exported product in United States. The main destination of Starch Residue exports from United States are: Mexico ($427M), Vietnam ($275M), Indonesia ($245M), South Korea ($228M), and Turkey ($221M).

The fastest growing export markets for Starch Residue of United States between 2017 and 2018 were Vietnam ($211M), Ireland ($130M), and Israel ($102M).

Imports: In 2018, United States imported $160M in Starch Residue, becoming the 12th largest importer of Starch Residue in the world. At the same year, Starch Residue was the 744th most imported product in United States. United States imports Starch Residue primarily from: Canada ($75.8M), Germany ($41.8M), Norway ($12.4M), Denmark ($6.11M), and Netherlands ($4.29M).

The fastest growing import markets in Starch Residue for United States between 2017 and 2018 were Canada ($15.6M), Germany ($11.8M), and Norway ($7.75M).

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 October 2020 United States' Starch Residue exports accounted up to $273M and imports accounted up to $6.42M, resulting in a positive trade balance of $267M. Between October 2019 and October 2020 the exports of United States'   Starch Residue have increased by $46.4M (20.5%) from $227M to $273M, while imports decreased by $-4.03M (-38.6%) from $10.5M to $6.42M.

Destinations: In October 2020 Starch Residue exported mostly to Mexico ($40.8M), South Korea ($30.7M), Vietnam ($29.4M), Indonesia ($22.6M), and Thailand ($22.2M), and imported mostly from Canada ($4.71M), Brazil ($343k), Norway ($305k), Germany ($212k), and India ($203k).

Growth: In October 2020, the increase in Starch Residue's year-by-year exports was explained primarily by an increase in exports to South Korea ($17.1M or 125%), Thailand ($16.3M or 277%), and Mexico ($9.13M or 28.8%). In October 2020, the decrease in Starch Residue's year-by-year imports was explained primarily by a decrease in imports from Germany ($-3.82M or -94.7%), Canada ($-328k or -6.52%), and France ($-288k or -100%).

Subnational Monthly Trade

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Flow
Value

EXPORT GROWTH (October 2019 - October 2020): $46.4M, (20.5%)

IMPORT GROWTH (October 2019 - October 2020): $-4.03M, (-38.6%)

MAIN EXPORTER (October 2020): Illinois, $105M

MAIN DESTINATION (October 2020): Mexico, $40.8M

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 (2018): $3.25B

IMPORTS (2018): $160M

NET TRADE (2018): $3.09B

In 2018, United States exported $3.25B in Starch Residue. The main destinations of United States exports on Starch Residue were Mexico ($427M), Vietnam ($275M), Indonesia ($245M), South Korea ($228M), and Turkey ($221M).

In 2018, United States imported $160M in Starch Residue, mainly from Canada ($75.8M), Germany ($41.8M), Norway ($12.4M), Denmark ($6.11M), and Netherlands ($4.29M).

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IN 2018, United States HAD A POSITIVE NET TRADE IN Starch Residue WITH:

IN 2018, United States HAD A NEGATIVE NET TRADE IN Starch Residue WITH:

Flow

THE FASTEST GROWING Starch Residue EXPORT MARKETS FOR United States WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Starch Residue BY United States WERE (2017 - 2018):

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Market Concentration

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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:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Starch Residue in United States. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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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%).

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