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2022
Exports $196MWorld Rnk 10 / 119
Flag Rnk 591 / 1217
2022
Destination $689k Mexico
2021 - 2022
FASTEST GROWING MARKET $689kColombia
2022
PRODUCT COMPLEXITY IN Malt-0.089Rnk 575 / 1025
2022
Imports $280MWorld Rnk 3 / 194
Flag Rnk 688 / 1216
2022
Origin $9.53M Canada
2021 - 2022
FASTEST GROWING ORIGIN $9.53MCanada
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $196M in Malt, making it the 10th largest exporter of Malt in the world. At the same year, Malt was the 591st most exported product in United States. The main destination of Malt exports from United States are: Mexico ($180M), Canada ($10.3M), Japan ($1.8M), Grenada ($907k), and Colombia ($844k).

The fastest growing export markets for Malt of United States between 2021 and 2022 were Colombia ($689k), Guyana ($180k), and Brazil ($178k).

Imports In 2022, United States imported $280M in Malt, becoming the 3rd largest importer of Malt in the world. At the same year, Malt was the 688th most imported product in United States. United States imports Malt primarily from: Canada ($199M), Germany ($46.1M), United Kingdom ($26.1M), Netherlands ($2.62M), and Belgium ($2.58M).

The fastest growing import markets in Malt for United States between 2021 and 2022 were Canada ($9.53M), Denmark ($865k), and Australia ($48k).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (78), Costco Wholesale (14), and Walong Marketing (13) were at the forefront of shipping Malt to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Malt exports accounted up to $31M and imports accounted up to $24M, resulting in a positive trade balance of $7.03M. Between August 2023 and August 2024 the exports of United States'   Malt have increased by $6.68M (27.5%) from $24.3M to $31M, while imports decreased by $-4.08M (-14.6%) from $28M to $24M.

Destinations In August 2024, Malt were exported mostly to Mexico ($29.7M), Canada ($650k), Japan ($417k), Guyana ($86.6k), and Australia ($85.7k), and were imported mostly from Canada ($18.5M), Germany ($3.95M), United Kingdom ($1.1M), Netherlands ($168k), and Belgium ($119k).

Growth In August 2024, the increase in Malt's year-by-year exports was explained primarily by an increase in exports to Mexico ($6.17M or 40.7%), Canada ($102k or 16.2%), and Japan ($14.9k or 442%). In August 2024, the decrease in Malt's year-by-year imports was explained primarily by a decrease in imports from Netherlands ($-101k or -78.1%), United Kingdom ($-40k or -2.23%), and France ($-24.7k or -31.4%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$6.68M(27.5%)
IMPORT GROWTH (August 2023 - August 2024)$-4.08M(-14.6%)
MAIN EXPORTER (August 2024)Wisconsin$12.5M
MAIN DESTINATION (August 2024)Mexico$29.7M

This section shows Malt'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 over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$196M
IMPORTS (2022)$280M
NET TRADE (2022)-$83.3M

In 2022, United States exported $196M in Malt. The main destinations of United States exports on Malt were Mexico ($180M), Canada ($10.3M), Japan ($1.8M), Grenada ($907k), and Colombia ($844k).

In 2022, United States imported $280M in Malt, mainly from Canada ($199M), Germany ($46.1M), United Kingdom ($26.1M), Netherlands ($2.62M), and Belgium ($2.58M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Malt EXPORT MARKETS FOR United States WERE (2021 - 2022):
Colombia$689k (445%)
Guyana$180k (1.75k%)
Brazil$178k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Malt BY United States WERE (2021 - 2022):
Mexico-$54.5M (-23.3%)
Nicaragua-$194k (-100%)
United Kingdom-$106k (-83.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Malt were:
France $537M
Belgium $489M
Australia $450M
In 2022, United States's main importing competitors in Malt were:
Brazil $715M
Mexico $371M

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Trade Value of Malt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $2.41M
TOP IMPORT POTENTIALBelgium+ $3.6M

Malt’s highest export potential is Canada. With an export gap of $2.41M.   Malt’s highest import potential is Belgium with an import gap of $3.6M.

See methodology.

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