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Starches; inulin

1108 (Harmonized System 1992 for 4-digit)

2023
World Trade $6.52BRnk 474 / 1217
2023
Top Exporter | Top Importer $1.58B | $1.73BThailand | China
2023
Product Complexity -0.37Rnk 676 / 1044
2022 - 2023
Export Growth (CAGR) -10.5%Rnk 761 / 1217
2023
Share of World Trade 0.029%Rnk 474 / 1217

About

Overview This page contains the latest trade data of Starches. In 2023, Starches were the world's 474th most traded product, with a total trade of $6.52B. Between 2022 and 2023 the exports of Starches decreased by -10.5%, from $7.29B to $6.52B. Trade in Starches represent 0.029% of total world trade.

Starches are a part of Products of the milling industry. They include Manioc (cassava) starch, Maize (corn) starch, Potato starch, Wheat, starch, Starches except wheat, maize, potato, manioc, and Inulin.

Exports In 2023 the top exporters of Starches  were Thailand ($1.58B), Vietnam ($590M), Germany ($522M), Netherlands ($434M), and Belgium ($399M).

Imports In 2023 the top importers of Starches were China ($1.73B), United States ($448M), Germany ($416M), France ($260M), and Netherlands ($248M).

Ranking Starches ranks 676th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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

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

Explore Latest Trends

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Thailand$1.58B
Top Destination (2023)China$1.73B

In 2023 Starches were the world's 474th most traded product (out of 1,217).

In 2023, the top exporters of Starches were Thailand ($1.58B), Vietnam ($590M), Germany ($522M), Netherlands ($434M), and Belgium ($399M).

In 2023, the top importers of Starches were China ($1.73B), United States ($448M), Germany ($416M), France ($260M), and Netherlands ($248M).

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Exporters of Starches (2023)
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Importers of Starches (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Indonesia$78.1M
Top Destination Growth (2022 -  2023)Germany$46.2M

Between 2022 and 2023, the exports of Starches grew the fastest in Indonesia ($78.1M), Denmark ($65.3M), Germany ($48M), France ($40.9M), and Romania ($30.9M).

Between 2022 and 2023, the fastest growing importers of Starches were Germany ($46.2M), Spain ($30.5M), Netherlands ($25.8M), Belgium ($23.6M), and Algeria ($15.2M).

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Exporters of Starches (2022 - 2023)

Importers of Starches (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Starches.

In 2023, market concentration measured using Shannon Entropy, was 4.41. This means that most of the exports of Starches are explained by 21 countries.

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Value of Exports in Starches

Net Trade

TOP NET EXPORTER (2023)Thailand$1.49B
TOP NET IMPORTER (2023)China$1.65B

This map shows which countries export or import more of Starches. Each country is colored based on the difference in exports and imports of Starches during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Starches were Thailand ($1.49B), Vietnam ($528M), Belgium ($291M), Denmark ($265M), and India ($252M).

In 2023, the countries that had a largest trade value in imports than in exports of Starches were China ($1.65B), United States ($265M), Chinese Taipei ($230M), Malaysia ($216M), and United Kingdom ($186M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Starches, disaggragated by their HS6 level were Manioc (cassava) starch ($2.45B), Maize (corn) starch ($1.65B), Potato starch ($1.18B), Wheat, starch ($616M), and Starches except wheat, maize, potato, manioc ($359M)

HS6 Disaggregation for Starches (2023)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Starches by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $11.3M
TOP IMPORT POTENTIALIndia+ $3.13M

Starches’s highest export potential is United States. With an export gap of $11.3M.  Starches’s highest import potential is India with an import gap of $3.13M.

See methodology.

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Product Complexity

Diversification Frontier

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.

Relatedness vs Country Complexity (2023)

Related Products

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

Country by Relatedness

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

Relative Relatedness by Country (2023)

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