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2023
Exports $183MWorld Rnk 10 / 154
Flag Rnk 589 / 1217
2023
Destination $5.84M Mexico
2022 - 2023
FASTEST GROWING MARKET $5.84MCanada
2023
PRODUCT COMPLEXITY IN Starches-0.58Rnk 728 / 1025
2023
Imports $448MWorld Rnk 2 / 217
Flag Rnk 546 / 1215
2023
Origin $9.88M Canada
2022 - 2023
FASTEST GROWING ORIGIN $9.88MDenmark
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $183M in Starches, making it the 10th largest exporter of Starches in the world. At the same year, Starches was the 589th most exported product in United States. The main destination of Starches exports from United States are: Mexico ($94M), Canada ($54.5M), United Kingdom ($7.36M), Germany ($4.67M), and China ($3.67M).

The fastest growing export markets for Starches of United States between 2022 and 2023 were Canada ($5.84M), Netherlands ($2.08M), and Chile ($372k).

Imports In 2023, United States imported $448M in Starches, becoming the 2nd largest importer of Starches in the world. At the same year, Starches was the 546th most imported product in United States. United States imports Starches primarily from: Canada ($59.3M), Thailand ($58.7M), Netherlands ($56.5M), Germany ($50.2M), and Denmark ($40.6M).

The fastest growing import markets in Starches for United States between 2022 and 2023 were Denmark ($9.88M), Canada ($8.77M), and Nicaragua ($6.57M).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (37), Goya Foods (36), and Walong Marketing (14) were at the forefront of shipping Starches to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Starches exports accounted up to $16.2M and imports accounted up to $37.6M, resulting in a negative trade balance of $21.5M. Between November 2023 and November 2024 the exports of United States'   Starches have decreased by $-2.22M (-12.1%) from $18.4M to $16.2M, while imports increased by $7.12M (23.3%) from $30.5M to $37.6M.

Destinations In November 2024, Starches were exported mostly to Mexico ($8.87M), Canada ($5.24M), United Kingdom ($664k), China ($358k), and Germany ($205k), and were imported mostly from Thailand ($4.78M), Germany ($4.54M), Denmark ($3.94M), Canada ($3.9M), and Belgium ($3.46M).

Growth In November 2024, the decrease in Starches's year-by-year exports was explained primarily by a decrease in exports to Australia ($-410k or -79.8%), Dominican Republic ($-49.1k or -46.8%), and French Polynesia ($-26k or -86.2%). In November 2024, the increase in Starches's year-by-year imports was explained primarily by an increase in imports from Thailand ($2.47M or 54.3%), Germany ($2.15M or 175%), and Netherlands ($1.95M or 64.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-2.22M(-12.1%)
IMPORT GROWTH (November 2023 - November 2024)$7.12M(23.3%)
MAIN EXPORTER (November 2024)Illinois$8.9M
MAIN DESTINATION (November 2024)Mexico$8.87M

This section shows Starches'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 Starches over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$183M
IMPORTS (2023)$448M
NET TRADE (2023)-$265M

In 2023, United States exported $183M in Starches. The main destinations of United States exports on Starches were Mexico ($94M), Canada ($54.5M), United Kingdom ($7.36M), Germany ($4.67M), and China ($3.67M).

In 2023, United States imported $448M in Starches, mainly from Canada ($59.3M), Thailand ($58.7M), Netherlands ($56.5M), Germany ($50.2M), and Denmark ($40.6M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Starches EXPORT MARKETS FOR United States WERE (2022 - 2023):
Canada$5.84M (12%)
Netherlands$2.08M (420%)
Chile$372k (142%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Starches BY United States WERE (2022 - 2023):
Australia-$4.25M (-81.5%)
Thailand-$1.72M (-64.7%)
United Kingdom-$1.52M (-17.1%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Starches were:
Thailand $1.58B
Vietnam $590M
Germany $522M
In 2023, United States's main importing competitors in Starches were:
China $1.73B
Germany $416M

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Trade Value of Starches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $9.13M
TOP IMPORT POTENTIALThailand+ $11.3M

Starches’s highest export potential is China. With an export gap of $9.13M.   Starches’s highest import potential is Thailand with an import gap of $11.3M.

See methodology.

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