Overview This page contains the latest trade data of Starch Residue. In 2019, Starch Residue were the world's 476th most traded product, with a total trade of $5.31B. Between 2018 and 2019 the exports of Starch Residue decreased by -5.64%, from $5.63B to $5.31B. Trade in Starch Residue represent 0.029% of total world trade.

Exports In 2019 the top exporters of Starch Residue  were United States ($2.94B), China ($347M), Russia ($261M), France ($203M), and Netherlands ($182M).

Imports In 2019 the top importers of Starch Residue were South Korea ($444M), Mexico ($432M), Vietnam ($346M), Indonesia ($286M), and Turkey ($263M).

Tariffs In 2018 the average tariff for Starch Residue was 7.11%, making it the 613th 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 512th in the Product Complexity Index (PCI).

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): United States, $2.94B

Top Destination (2019): South Korea, $444M

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

In 2019, the top exporters of Starch Residue were United States ($2.94B), China ($347M), Russia ($261M), France ($203M), and Netherlands ($182M).

In 2019, the top importers of Starch Residue were South Korea ($444M), Mexico ($432M), Vietnam ($346M), Indonesia ($286M), and Turkey ($263M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Egypt, $36.6M

Top Destination Growth (2018 - 2019): Vietnam, $26.5M

Between 2018 and 2019, the exports of Starch Residue grew the fastest in Egypt ($36.6M), Russia ($28.6M), Hungary ($12.6M), Netherlands ($12.5M), and Canada ($11.6M).

Between 2018 and 2019, the fastest growing importers of Starch Residue were Vietnam ($26.5M), Morocco ($21.5M), Philippines ($20.1M), South Korea ($16.9M), and Bangladesh ($15.7M).

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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 2019,  market concentration measured using Shannon Entropy, was 3. This means that most of the exports of Starch Residue are explained by 7 countries.

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TOP NET EXPORTER (2019): United States, $2.8B

TOP NET IMPORTER (2019): Mexico, $432M

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 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Starch Residue were United States ($2.8B), China ($289M), Russia ($235M), Hungary ($103M), and France ($96.4M).

In 2019, the countries that had a largest trade value in imports than in exports of Starch Residue were Mexico ($432M), South Korea ($425M), Vietnam ($331M), Indonesia ($281M), and Turkey ($258M).

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 ($2.85B), Residues of starch manufacture and similar... ($1.67B), and Beet-pulp, bagasse & other waste of... ($793M)

Import Tariffs

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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%).

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.