HS Icon Residues of starch manufacture and similar residues

230310 (Harmonized System 1992 for 6-digit)

 2019
World Trade
: $1.67B, Rnk 1477 / 4648

2019
Top Exporter | Top Importer
: $612M | $164M, United States | South Korea

2019
Product Complexity
: 0.4, Rnk 1877 / 4826

2018 - 2019
Export Growth (CAGR)
: -7.23%, Rnk 3008 / 4648

2018
Mean Tariff
: 7.53%, Rnk 3004 / 6538

 2019
Share of World Trade
: 0.0092%, Rnk 1477 / 4648

Overview:  This page contains the latest trade data of Residues of starch manufacture and similar residues. In 2019, Residues of starch manufacture and similar residues were the world's 1477th most traded product, with a total trade of $1.67B. Between 2018 and 2019 the exports of Residues of starch manufacture and similar residues decreased by -7.23%, from  $1.8B to $1.67B. Trade in Residues of starch manufacture and similar residues represent 0.0092% of total world trade.

Exports: In 2019 the top exporters of Residues of starch manufacture and similar residues  were United States ($612M), China ($343M), Germany ($114M), France ($101M), and Netherlands ($67M).

Imports: In 2019 the top importers of Residues of starch manufacture and similar residues were South Korea ($164M), Netherlands ($109M), Indonesia ($104M), Chile ($87.9M), and Germany ($84.3M).

Tariffs: In 2018 the average tariff for Residues of starch manufacture and similar residues was 7.53%, making it the 3004th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Residues of starch manufacture and similar residues are Iceland (52.7%), Bahamas (40.2%), Tunisia (36%), Cyprus (30.4%), and Austria (30.4%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), South Africa (0%), Hong Kong (0%), and Japan (0%).

Ranking: Residues of starch manufacture and similar residues ranks 1877th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2019): United States, $612M

Top Destination (2019): South Korea, $164M

Residues of starch manufacture and similar residues are the world's 1477th most traded product.

In 2019, the top exporters of Residues of starch manufacture and similar residues were United States ($612M), China ($343M), Germany ($114M), France ($101M), and Netherlands ($67M).

In 2019, the top importers of Residues of starch manufacture and similar residues were South Korea ($164M), Netherlands ($109M), Indonesia ($104M), Chile ($87.9M), and Germany ($84.3M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Netherlands, $8.24M

Top Destination Growth (2018 - 2019): Bangladesh, $12.8M

Between 2018 and 2019, the exports of Residues of starch manufacture and similar residues grew the fastest in Netherlands ($8.24M), Hungary ($7.93M), Belgium ($3.86M), Denmark ($2.31M), and Bulgaria ($1.96M).

Between 2018 and 2019, the fastest growing importers of Residues of starch manufacture and similar residues were Bangladesh ($12.8M), Turkey ($11.3M), South Korea ($8.79M), Germany ($6.9M), and Vietnam ($3.96M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Residues of starch manufacture and similar residues.

In 2019,  market concentration measured using Shannon Entropy, was 3.31. This means that most of the exports of Residues of starch manufacture and similar residues are explained by 9 countries.

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TOP NET EXPORTER (2019): United States, $532M

TOP NET IMPORTER (2019): South Korea, $154M

This map shows which countries export or import more of Residues of starch manufacture and similar residues. Each country is colored based on the difference in exports and imports of Residues of starch manufacture and similar residues during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Residues of starch manufacture and similar residues were United States ($532M), China ($330M), France ($54.8M), Hungary ($54.1M), and Austria ($45.2M).

In 2019, the countries that had a largest trade value in imports than in exports of Residues of starch manufacture and similar residues were South Korea ($154M), Indonesia ($99.5M), Egypt ($72.3M), Japan ($57.7M), and Colombia ($55.8M).

Import Tariffs

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In 2018, the average tariff for importing Residues of starch manufacture and similar residues was 7.53%.  The countries with the highest tariffs for importing Residues of starch manufacture and similar residues were Iceland (52.7%), Bahamas (40.2%), Tunisia (36%), Cyprus (30.4%), and Austria (30.4%).

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Product Complexity

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Diversification Frontier

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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.