HS Icon Starch Residue

2303 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Starch Residue. In 2020, Starch Residue were the world's 455th most traded product, with a total trade of $5.39B. Between 2019 and 2020 the exports of Starch Residue grew by 2.34%, from $5.27B to $5.39B. Trade in Starch Residue represent 0.032% of total world trade.

Starch Residue are a part of Food industries, residues and wastes thereof; prepared 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 2020 the top exporters of Starch Residue  were United States ($2.9B), China ($399M), Russia ($306M), Netherlands ($231M), and France ($197M).

Imports In 2020 the top importers of Starch Residue were South Korea ($489M), Mexico ($399M), Vietnam ($347M), Indonesia ($288M), and Turkey ($272M).

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

The countries with the highest import tariffs for Starch Residue are Norway (87.5%), Iceland (46.5%), Bahamas (40.2%), and Tunisia (36%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), South Africa (0%), Hong Kong (0%), and Japan (0%).

Ranking Starch Residue ranks 591st in the Product Complexity Index (PCI).

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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 (2020): United States, $2.9B

Top Destination (2020): South Korea, $489M

Starch Residue are the world's 455th most traded product.

In 2020, the top exporters of Starch Residue were United States ($2.9B), China ($399M), Russia ($306M), Netherlands ($231M), and France ($197M).

In 2020, the top importers of Starch Residue were South Korea ($489M), Mexico ($399M), Vietnam ($347M), Indonesia ($288M), and Turkey ($272M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): Russia, $54.6M

Top Destination Growth (2019 - 2020): Thailand, $59.8M

Between 2019 and 2020, the exports of Starch Residue grew the fastest in Russia ($54.6M), China ($51.5M), Netherlands ($41.2M), Brazil ($22.3M), and Singapore ($14.3M).

Between 2019 and 2020, the fastest growing importers of Starch Residue were Thailand ($59.8M), China ($47.3M), South Korea ($45.7M), France ($23.4M), and Latvia ($21.5M).

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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 2020,  market concentration measured using Shannon Entropy, was 3.09. This means that most of the exports of Starch Residue are explained by 8 countries.

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TOP NET EXPORTER (2020): United States, $2.78B

TOP NET IMPORTER (2020): South Korea, $475M

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 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Starch Residue were United States ($2.78B), China ($295M), Russia ($278M), Hungary ($97.2M), and Austria ($76.2M).

In 2020, the countries that had a largest trade value in imports than in exports of Starch Residue were South Korea ($475M), Mexico ($398M), Vietnam ($330M), Indonesia ($283M), and Turkey ($265M).

Disaggregation

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Value

In 2019, the world most traded Starch Residue, disaggragated by their HS6 level were Brewing or distilling dregs and waste ($2.89B), Residues of starch manufacture and similar... ($1.71B), and Beet-pulp, bagasse & other waste of... ($790M)

Country Comparison

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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.

Import Tariffs

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In 2018, the average tariff for importing Starch Residue was 7.23%. The countries with the highest tariffs for importing Starch Residue were Norway (87.5%), Iceland (46.5%), Bahamas (40.2%), and Tunisia (36%).

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.

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.