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HS Icon Starch Residue

Residues of starch manufacture, similar residues; beet-pulp, bagasse and other waste of sugar manufacture, brewing or distilling dregs and waste, whether or not in the form of pellets

2303 (Harmonized System 1992 for 4-digit)

2021
World Trade: $6.33B, Rnk 476 / 1217

2021
Top Exporter | Top Importer: $3.66B | $562M, United States | South Korea

2021
Product Complexity: 0.031, Rnk 535 / 1024

2020 - 2021
Export Growth (CAGR): 17.2%, Rnk 774 / 1217

2018
Mean Tariff: 7.23%, Rnk 602 / 1259

2021
Share of World Trade: 0.0003%, Rnk 476 / 1217

About

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Overview This page contains the latest trade data of Starch Residue. In 2021, Starch Residue were the world's 476th most traded product, with a total trade of $6.33B. Between 2020 and 2021 the exports of Starch Residue grew by 17.2%, from $5.4B to $6.33B. Trade in Starch Residue represent 0.0003% of total world trade.

Starch Residue are a part of Food residues & wastes; animal fodder. They include Brewing or distilling dregs and waste, Residues of starch manufacture and similar residues, and Beet-pulp, bagasse & other waste of sugar manufacture.

Exports In 2021 the top exporters of Starch Residue  were United States ($3.66B), China ($504M), Netherlands ($224M), Russia ($212M), and Germany ($163M).

Imports In 2021 the top importers of Starch Residue were South Korea ($562M), Mexico ($540M), Vietnam ($457M), Indonesia ($361M), and Turkey ($327M).

Tariffs In 2018 the average tariff for Starch Residue was 7.23%, making it the 602nd lowest tariff using the HS4 product classification.

Ranking Starch Residue ranks 535th in the Product Complexity Index (PCI).

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Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Starch Residue. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): United States, $3.66B

Top Destination (2021): South Korea, $562M

Starch Residue are the world's 476th most traded product.

In 2021, the top exporters of Starch Residue were United States ($3.66B), China ($504M), Netherlands ($224M), Russia ($212M), and Germany ($163M).

In 2021, the top importers of Starch Residue were South Korea ($562M), Mexico ($540M), Vietnam ($457M), Indonesia ($361M), and Turkey ($327M).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): United States, $757M

Top Destination Growth (2020 -  2021): Mexico, $142M

Between 2020 and 2021, the exports of Starch Residue grew the fastest in United States ($757M), China ($104M), Egypt ($35.8M), Australia ($28.2M), and Thailand ($25.8M).

Between 2020 and 2021, the fastest growing importers of Starch Residue were Mexico ($142M), Vietnam ($113M), China ($108M), Canada ($106M), and Indonesia ($73.5M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Starch Residue.

In 2021, market concentration measured using Shannon Entropy, was 2.91. This means that most of the exports of Starch Residue are explained by 7 countries.

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Net Trade

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TOP NET EXPORTER (2021): United States, $3.56B

TOP NET IMPORTER (2021): South Korea, $548M

This map shows which countries export or import more of Starch Residue. Each country is colored based on the difference in exports and imports of Starch Residue during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Starch Residue were United States ($3.56B), China ($291M), Russia ($187M), Hungary ($97.5M), and Austria ($94.1M).

In 2021, the countries that had a largest trade value in imports than in exports of Starch Residue were South Korea ($548M), Mexico ($540M), Vietnam ($431M), Indonesia ($358M), and Turkey ($314M).

Disaggregation

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Value

In 2021, the world most traded Starch Residue, disaggragated by their HS6 level were Brewing or distilling dregs and waste ($3.59B), Residues of starch manufacture and similar... ($2.03B), and Beet-pulp, bagasse & other waste of... ($713M)

Country Comparison

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Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Starch Residue.
It is possible to select the main countries that export or import Starch Residue in the world, or by continent, as well as select the measure of interest.

Product Complexity

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Diversification Frontier

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Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

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This visualization shows products that are likely to be exported by countries that export Starch Residue.

Country by Relatedness

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The following visualization shows the relatedness of Starch Residue to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

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