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2023
Exports $79.4MWorld Rnk 13 / 102
Flag Rnk 411 / 1212
2023
Destination $2.41M United States
2022 - 2023
FASTEST GROWING MARKET $2.41MIreland
2023
PRODUCT COMPLEXITY IN Starch Residue-0.091Rnk 587 / 1025
2023
Imports $266MWorld Rnk 9 / 153
Flag Rnk 336 / 1211
2023
Origin $1.44M United States
2022 - 2023
FASTEST GROWING ORIGIN $1.44MNetherlands
2023
ECONOMIC COMPLEXITY of Canada0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $79.4M in Starch Residue, making it the 13th largest exporter of Starch Residue in the world. At the same year, Starch Residue was the 411th most exported product in Canada. The main destination of Starch Residue exports from Canada are: United States ($54.2M), Ireland ($12.2M), Vietnam ($5.96M), Japan ($3.17M), and South Korea ($1.45M).

The fastest growing export markets for Starch Residue of Canada between 2022 and 2023 were Ireland ($2.41M), Japan ($1.27M), and South Korea ($1.14M).

Imports In 2023, Canada imported $266M in Starch Residue, becoming the 9th largest importer of Starch Residue in the world. At the same year, Starch Residue was the 336th most imported product in Canada. Canada imports Starch Residue primarily from: United States ($261M), Netherlands ($2.16M), Belgium ($1.42M), Switzerland ($539k), and Germany ($266k).

The fastest growing import markets in Starch Residue for Canada between 2022 and 2023 were Netherlands ($1.44M), Switzerland ($539k), and Belgium ($130k).

Latest Trends

December 2024

About

Overview In December 2024 Canada's Starch Residue exports accounted up to C$4.53M and imports accounted up to C$31.3M, resulting in a negative trade balance of C$26.8M. Between December 2023 and December 2024 the exports of Canada's   Starch Residue have decreased by C$-3.51M (-43.6%) from C$8.04M to C$4.53M, while imports decreased by C$-2.2M (-6.58%) from C$33.5M to C$31.3M.

Destinations In December 2024, Starch Residue were exported mostly to United States (C$3.1M), Ireland (C$1.08M), Vietnam (C$233k), and Japan (C$115k), and were imported mostly from United States (C$30.4M), Belgium (C$444k), France (C$273k), China (C$48.8k), and Czechia (C$41.7k).

Growth In December 2024, the decrease in Starch Residue's year-by-year exports was explained primarily by a decrease in exports to United States (C$-1.75M or -25%). In December 2024, the decrease in Starch Residue's year-by-year imports was explained primarily by a decrease in imports from China (C$-22.6k or -58.7%) and Netherlands (C$-11.9k or -12.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)C$-3.51M(-43.6%)
IMPORT GROWTH (December 2023 - December 2024)C$-2.2M(-6.58%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)United StatesC$3.1M

This section shows Starch Residue's exports and imports data at subnational level for Canada. 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 Starch Residue over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$79.4M
IMPORTS (2023)$266M
NET TRADE (2023)-$187M

In 2023, Canada exported $79.4M in Starch Residue. The main destinations of Canada exports on Starch Residue were United States ($54.2M), Ireland ($12.2M), Vietnam ($5.96M), Japan ($3.17M), and South Korea ($1.45M).

In 2023, Canada imported $266M in Starch Residue, mainly from United States ($261M), Netherlands ($2.16M), Belgium ($1.42M), Switzerland ($539k), and Germany ($266k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Starch Residue EXPORT MARKETS FOR Canada WERE (2022 - 2023):
Ireland$2.41M (24.4%)
Japan$1.27M (66.8%)
South Korea$1.14M (377%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Starch Residue BY Canada WERE (2022 - 2023):
Vietnam-$6.59M (-52.5%)
United States-$6.2M (-10.3%)
Cambodia-$1.15M (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Starch Residue were:
United States $3.99B
China $637M
Russia $290M
In 2023, Canada's main importing competitors in Starch Residue were:
South Korea $694M
Mexico $543M
Vietnam $476M

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Trade Value of Starch Residue by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $1.67M
TOP IMPORT POTENTIALUnited States+ $22.7M

Starch Residue’s highest export potential is Japan. With an export gap of $1.67M.   Starch Residue’s highest import potential is United States with an import gap of $22.7M.

See methodology.

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