2022
Exports
$1.27BWorld Rnk 6 / 180
Flag Rnk 228 / 1217
2022
PRODUCT COMPLEXITY IN Malt Extract
0.015Rnk 542 / 1025
2022
Imports
$1.39BWorld Rnk 2 / 224
Flag Rnk 330 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $1.27B in Malt Extract, making it the 6th largest exporter of Malt Extract in the world. At the same year, Malt Extract was the 228th most exported product in United States. The main destination of Malt Extract exports from United States are: Canada ($661M), Mexico ($169M), Ethiopia ($37.2M), South Korea ($28.5M), and Japan ($21.5M).

The fastest growing export markets for Malt Extract of United States between 2021 and 2022 were Canada ($101M), Kenya ($16.4M), and Mexico ($16.1M).

Imports In 2022, United States imported $1.39B in Malt Extract, becoming the 2nd largest importer of Malt Extract in the world. At the same year, Malt Extract was the 330th most imported product in United States. United States imports Malt Extract primarily from: Canada ($713M), Ireland ($169M), Mexico ($116M), South Korea ($46.4M), and France ($37.2M).

The fastest growing import markets in Malt Extract for United States between 2021 and 2022 were Ireland ($147M), Canada ($83.3M), and Mexico ($36.7M).

COMPANIES In 2023, leading companies such as Dole Fresh Fruit (16.1k), IKEA Group (1.21k), and American Omni Trading Company (643) were at the forefront of shipping Malt Extract to the United States.

Latest Trends

August 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-2.74M(-2.44%)
IMPORT GROWTH (August 2023 - August 2024)$5.67M(4.45%)
MAIN EXPORTER (August 2024)Indiana$23.4M
MAIN DESTINATION (August 2024)Canada$58.5M

This section shows Malt Extract's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Malt Extract over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.27B
IMPORTS (2022)$1.39B
NET TRADE (2022)-$127M

In 2022, United States exported $1.27B in Malt Extract. The main destinations of United States exports on Malt Extract were Canada ($661M), Mexico ($169M), Ethiopia ($37.2M), South Korea ($28.5M), and Japan ($21.5M).

In 2022, United States imported $1.39B in Malt Extract, mainly from Canada ($713M), Ireland ($169M), Mexico ($116M), South Korea ($46.4M), and France ($37.2M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Malt Extract EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$101M (18%)
Kenya$16.4M (178k%)
Mexico$16.1M (10.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Malt Extract BY United States WERE (2021 - 2022):
Burkina Faso-$23.8M (-96.9%)
Djibouti-$10.6M (-77.1%)
Japan-$4.94M (-18.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Malt Extract were:
In 2022, United States's main importing competitors in Malt Extract were:
China $4.66B

Explore Visualizations

Trade Value of Malt Extract by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $26.7M
TOP IMPORT POTENTIALMexico+ $41.6M

Malt Extract’s highest export potential is China. With an export gap of $26.7M.   Malt Extract’s highest import potential is Mexico with an import gap of $41.6M.

See methodology.

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