NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Exports $1.38BWorld Rnk 6 / 186
Flag Rnk 208 / 1217
2023
Destination $77.4M Canada
2022 - 2023
FASTEST GROWING MARKET $77.4MCanada
2023
PRODUCT COMPLEXITY IN Malt Extract-0.019Rnk 566 / 1025
2023
Imports $1.58BWorld Rnk 2 / 224
Flag Rnk 275 / 1215
2023
Origin $60.2M Canada
2022 - 2023
FASTEST GROWING ORIGIN $60.2MUnited Kingdom
2023
ECONOMIC COMPLEXITY of United States1.5Rnk 10 / 132

About

Exports In 2023, United States exported $1.38B in Malt Extract, making it the 6th largest exporter of Malt Extract in the world. At the same year, Malt Extract was the 208th most exported product in United States. The main destination of Malt Extract exports from United States are: Canada ($734M), Mexico ($200M), Ethiopia ($31M), Japan ($24.7M), and South Korea ($21.9M).

The fastest growing export markets for Malt Extract of United States between 2022 and 2023 were Canada ($77.4M), Mexico ($33.1M), and Somalia ($17.4M).

Imports In 2023, United States imported $1.58B in Malt Extract, becoming the 2nd largest importer of Malt Extract in the world. At the same year, Malt Extract was the 275th most imported product in United States. United States imports Malt Extract primarily from: Canada ($765M), Ireland ($147M), Mexico ($122M), United Kingdom ($92.5M), and Singapore ($67.5M).

The fastest growing import markets in Malt Extract for United States between 2022 and 2023 were United Kingdom ($60.2M), Canada ($52.8M), and Singapore ($38M).

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

November 2024

About

Overview In November 2024 United States' Malt Extract exports accounted up to $123M and imports accounted up to $141M, resulting in a negative trade balance of $18.7M. Between November 2023 and November 2024 the exports of United States'   Malt Extract have increased by $576k (0.47%) from $122M to $123M, while imports increased by $17.7M (14.3%) from $124M to $141M.

Destinations In November 2024, Malt Extract were exported mostly to Canada ($63.9M), Mexico ($23.8M), China ($4.13M), Panama ($1.93M), and United Arab Emirates ($1.89M), and were imported mostly from Canada ($69.8M), United Kingdom ($12.7M), Ireland ($9.59M), Mexico ($8.88M), and France ($6.63M).

Growth In November 2024, the increase in Malt Extract's year-by-year exports was explained primarily by an increase in exports to Canada ($8.89M or 20.5%), Mexico ($4.71M or 50.1%), and Australia ($1.48M or 236%). In November 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%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$576k(0.47%)
IMPORT GROWTH (November 2023 - November 2024)$17.7M(14.3%)
MAIN EXPORTER (November 2024)Indiana$23.4M
MAIN DESTINATION (November 2024)Canada$63.9M

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.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$1.38B
IMPORTS (2023)$1.58B
NET TRADE (2023)-$201M

In 2023, United States exported $1.38B in Malt Extract. The main destinations of United States exports on Malt Extract were Canada ($734M), Mexico ($200M), Ethiopia ($31M), Japan ($24.7M), and South Korea ($21.9M).

In 2023, United States imported $1.58B in Malt Extract, mainly from Canada ($765M), Ireland ($147M), Mexico ($122M), United Kingdom ($92.5M), and Singapore ($67.5M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Malt Extract EXPORT MARKETS FOR United States WERE (2022 - 2023):
Canada$77.4M (11.8%)
Mexico$33.1M (19.9%)
Somalia$17.4M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Malt Extract BY United States WERE (2022 - 2023):
South Korea-$11.6M (-34.6%)
Nigeria-$7.25M (-93.4%)
Guatemala-$5.86M (-29.1%)
Explore Visualizations

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Malt Extract were:
Netherlands $3.27B
Germany $2.72B
France $2.57B
In 2023, United States's main importing competitors in Malt Extract were:
China $4.38B
United Kingdom $1.02B

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms