HS Icon Starch Residue

2303 (Harmonized System 1992 for 4-digit)

World Trade (2018): $5.63B, Rnk 472 / 1225

Top Exporter (2018): $3.25B, United States

Top Importer (2018): $428M, Mexico

Product Complexity (2018): 0.18, Rnk 471 / 1018

Export Growth (CAGR)(2017 - 2018): 25.9%, Rnk 220 / 1225

Mean Tariff (2018): 7.11%, Rnk 613 / 1259

Share of World Trade (2018): 0.031%, Rnk 472 / 1225

Overview:  This page contains the latest trade data of Starch Residue. In 2018, Starch Residue were the world's 472nd most traded product, with a total trade of $5.63B. Between 2017 and 2018 the exports of Starch Residue grew by 25.9%, from  $4.47B to $5.63B. Trade in Starch Residue represent 0.031% of total world trade.

Exports: In 2018 the top exporters of Starch Residue  were United States ($3.25B), China ($357M), France ($285M), Russia ($233M), and Germany ($180M).

Imports: In 2018 the top importers of Starch Residue were Mexico ($428M), South Korea ($427M), Vietnam ($323M), Turkey ($299M), and Ireland ($296M).

Tariffs: In 2018 the average tariff for Starch Residue was 7.11%, been the 613 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Starch Residue are Iceland (52.7%), Bahamas (40.2%), Tunisia (36%), Algeria (27.6%), and India (24.7%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), South Africa (0%), Hong Kong (0%), and Japan (0%).

Ranking: Starch Residue ranks 471st in the Product Complexity Index (PCI).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): United States, $3.25B

Top Destination (2018): Mexico, $428M

Starch Residue are the world's 472nd most traded product.

In 2018, the top exporters of Starch Residue were United States ($3.25B), China ($357M), France ($285M), Russia ($233M), and Germany ($180M).

In 2018, the top importers of Starch Residue were Mexico ($428M), South Korea ($427M), Vietnam ($323M), Turkey ($299M), and Ireland ($296M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $791M

Top Destination Growth (2017 - 2018): Vietnam, $177M

Between 2017 and 2018, the exports of Starch Residue grew the fastest in United States ($791M), Egypt ($89.9M), France ($83.3M), Russia ($74.8M), and Netherlands ($36.1M).

Between 2017 and 2018, the fastest growing importers of Starch Residue were Vietnam ($177M), Ireland ($174M), South Korea ($149M), Japan ($87.1M), and United Kingdom ($73.4M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

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

In 2018,  market concentration measured using Shannon Entropy, was 2.87. This means that most of the exports of Starch Residue are explained by 7 countries.

Explore Visualizations

TOP NET EXPORTER (2018): United States, $3.09B

TOP NET IMPORTER (2018): Mexico, $427M

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 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Starch Residue were United States ($3.09B), China ($290M), Russia ($210M), France ($175M), and Austria ($103M).

In 2018, the countries that had a largest trade value in imports than in exports of Starch Residue were Mexico ($427M), South Korea ($410M), Vietnam ($317M), Turkey ($294M), and Indonesia ($267M).

Trade Forecasts

#permalink to section

This section shows forecasts for total trade for Starch Residue. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

Explore Forecasts

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Starch Residue was 7.11%.  The countries with the highest tariffs for importing Starch Residue were Iceland (52.7%), Bahamas (40.2%), Tunisia (36%), Algeria (27.6%), and India (24.7%).

Explore Tariff Data

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Filter

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.