Malt Extract in   United States

Overview In January 2024 United States' Malt Extract exports accounted up to $88.7M and imports accounted up to $137M, resulting in a negative trade balance of $48.4M. Between January 2023 and January 2024 the exports of United States'   Malt Extract have decreased by $-13.3M (-13%) from $102M to $88.7M, while imports increased by $20M (17%) from $117M to $137M.

Destinations In January 2024, Malt Extract were exported mostly to Canada ($51.4M), Mexico ($13.6M), China ($2.47M), South Korea ($1.83M), and Saudi Arabia ($1.45M), and were imported mostly from Canada ($61M), Ireland ($22M), Mexico ($9.75M), Singapore ($5.67M), and France ($5.12M).

Growth In January 2024, the decrease in Malt Extract's year-by-year exports was explained primarily by a decrease in exports to Dominican Republic ($-361k or -28.7%), Costa Rica ($-294k or -37.4%), and Kuwait ($-259k or -57.3%). In January 2024, the increase in Malt Extract's year-by-year imports was explained primarily by an increase in imports from Canada ($14.2M or 28.4%), United Kingdom ($6.43M or 467%), and Ireland ($3.35M or 108%).