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2022
Exports $4.14BWorld Rnk 1 / 104
Flag Rnk 87 / 1217
2022
Destination $94.6M Mexico
2021 - 2022
FASTEST GROWING MARKET $94.6MCanada
2022
PRODUCT COMPLEXITY IN Starch Residue-0.09Rnk 577 / 1025
2022
Imports $94.2MWorld Rnk 24 / 148
Flag Rnk 887 / 1216
2022
Origin $6.44M Canada
2021 - 2022
FASTEST GROWING ORIGIN $6.44MBrazil
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $4.14B in Starch Residue, making it the 1st largest exporter of Starch Residue in the world. At the same year, Starch Residue was the 87th most exported product in United States. The main destination of Starch Residue exports from United States are: Mexico ($624M), Vietnam ($405M), South Korea ($392M), Indonesia ($357M), and Canada ($319M).

The fastest growing export markets for Starch Residue of United States between 2021 and 2022 were Canada ($94.6M), Ireland ($86.6M), and South Korea ($75.7M).

Imports In 2022, United States imported $94.2M in Starch Residue, becoming the 24th largest importer of Starch Residue in the world. At the same year, Starch Residue was the 887th most imported product in United States. United States imports Starch Residue primarily from: Canada ($60.4M), Brazil ($6.8M), France ($5.39M), Norway ($4.62M), and Netherlands ($3.84M).

The fastest growing import markets in Starch Residue for United States between 2021 and 2022 were Brazil ($6.44M), United Kingdom ($2.93M), and France ($2.23M).

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

September 2024

About

Overview In September 2024 United States' Starch Residue exports accounted up to $300M and imports accounted up to $4.14M, resulting in a positive trade balance of $296M. Between September 2023 and September 2024 the exports of United States'   Starch Residue have decreased by $-70M (-18.9%) from $370M to $300M, while imports decreased by $-821k (-16.6%) from $4.96M to $4.14M.

Destinations In September 2024, Starch Residue were exported mostly to Mexico ($44.7M), Turkey ($31.4M), South Korea ($30.8M), Indonesia ($27.4M), and Vietnam ($23.2M), and were imported mostly from Canada ($2.65M), France ($763k), Germany ($281k), Denmark ($152k), and Poland ($136k).

Growth In September 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 ($-8.4M or -81.7%). In September 2024, the decrease in Starch Residue's year-by-year imports was explained primarily by a decrease in imports from Germany ($-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 (September 2023 - September 2024)$-70M(-18.9%)
IMPORT GROWTH (September 2023 - September 2024)$-821k(-16.6%)
MAIN EXPORTER (September 2024)Illinois$109M
MAIN DESTINATION (September 2024)Mexico$44.7M

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 (2022)$4.14B
IMPORTS (2022)$94.2M
NET TRADE (2022)$4.04B

In 2022, United States exported $4.14B in Starch Residue. The main destinations of United States exports on Starch Residue were Mexico ($624M), Vietnam ($405M), South Korea ($392M), Indonesia ($357M), and Canada ($319M).

In 2022, United States imported $94.2M in Starch Residue, mainly from Canada ($60.4M), Brazil ($6.8M), France ($5.39M), Norway ($4.62M), and Netherlands ($3.84M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Starch Residue EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$94.6M (42.2%)
Ireland$86.6M (48%)
South Korea$75.7M (23.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Starch Residue BY United States WERE (2021 - 2022):
Turkey-$97.3M (-41%)
China-$73.7M (-66.6%)
Mexico-$40.2M (-6.06%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Starch Residue were:
China $592M
Russia $277M
In 2022, United States's main importing competitors in Starch Residue were:
South Korea $719M
Mexico $627M
Vietnam $544M

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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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