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2023
Exports $3.18MWorld Rnk 48 / 102
Flag Rnk 121 / 1096
2023
Destination $61.2k Morocco
2022 - 2023
FASTEST GROWING MARKET $61.2kBenin
2023
PRODUCT COMPLEXITY IN Starch Residue-0.091Rnk 587 / 1025
2023
Imports $251kWorld Rnk 103 / 153
Flag Rnk 974 / 1184
2023
Origin $251k United Kingdom
2022 - 2023
FASTEST GROWING ORIGIN $251kUnited Kingdom
2023
ECONOMIC COMPLEXITY of Nigeria-1.75Rnk 129 / 132

About

Exports In 2023, Nigeria exported $3.18M in Starch Residue, making it the 48th largest exporter of Starch Residue in the world. At the same year, Starch Residue was the 121st most exported product in Nigeria. The main destination of Starch Residue exports from Nigeria are: Morocco ($3.07M), Benin ($61.9k), Pakistan ($51.3k), Netherlands ($131), and Singapore ($99).

The fastest growing export markets for Starch Residue of Nigeria between 2022 and 2023 were Benin ($61.2k), Pakistan ($51.3k), and Netherlands ($131).

Imports In 2023, Nigeria imported $251k in Starch Residue, becoming the 103rd largest importer of Starch Residue in the world. At the same year, Starch Residue was the 974th most imported product in Nigeria. Nigeria imports Starch Residue primarily from: United Kingdom ($251k).

The fastest growing import markets in Starch Residue for Nigeria between 2022 and 2023 were United Kingdom ($251k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Starch Residue. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$3.18M
IMPORTS (2023)$251k
NET TRADE (2023)$2.93M

In 2023, Nigeria exported $3.18M in Starch Residue. The main destinations of Nigeria exports on Starch Residue were Morocco ($3.07M), Benin ($61.9k), Pakistan ($51.3k), Netherlands ($131), and Singapore ($99).

In 2023, Nigeria imported $251k in Starch Residue, mainly from United Kingdom ($251k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Starch Residue EXPORT MARKETS FOR Nigeria WERE (2022 - 2023):
Benin$61.2k (8.42k%)
Pakistan$51.3k (1%)
Netherlands$131 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Starch Residue BY Nigeria WERE (2022 - 2023):
Morocco-$3.86M (-55.7%)
United States-$1.93M (-100%)
Canada-$48 (-64%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Nigeria's main exporting competitors in Starch Residue were:
United States $3.99B
China $637M
Russia $290M
In 2023, Nigeria'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 POTENTIALUnited States+ $839k
TOP IMPORT POTENTIALUnited States+ $1.45k

Starch Residue’s highest export potential is United States. With an export gap of $839k.   Starch Residue’s highest import potential is United States with an import gap of $1.45k.

See methodology.

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