HS2 sector intelligence

Food industry residues
sector trade overview

A clear view of the food industry residues economy: scale, momentum, market concentration, leading routes, and the products within it.

HS2 231995–2024 coverageGrowing
Explore the workspace Reported trade intelligence
Refreshed 2026-07-20
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$110.0BGlobal sector value
02

Annual change

-11.6%Latest year on year
03

Exporters

190Active reporting countries
04

Importers

200Active reporting countries
05

HS6 products

23Classifications in sector

The sector read

$110.0B in trade, with +3.2% annualized growth over three years.

Food industry residues is recorded across 8,233 active corridors, with 190 exporters and 200 importers in the latest available year.

Market signalGrowing+7.4% five-year CAGR

Annual trend

Momentum across three decades

Reported global trade from 1995 to 2024. Missing years remain unavailable rather than estimated. Read the methodology ↗

Annual sector tradeReported global trade from 1995 to 2024.1995: $18.1B1996: $21.9B1997: $22.0B1998: $18.9B1999: $18.6B2000: $20.1B2001: $21.8B2002: $22.8B2003: $25.6B2004: $30.3B2005: $30.2B2006: $32.9B2007: $41.5B2008: $54.9B2009: $51.3B2010: $56.5B2011: $64.9B2012: $72.4B2013: $80.2B2014: $82.5B2015: $71.9B2016: $68.2B2017: $70.4B2018: $79.5B2019: $76.8B2020: $81.7B2021: $100.0B2022: $112.0B2023: $112.3B2024: $110.0B
Reported global trade by year.

Top trade corridors

Where this sector moves

The leading exporter-to-importer relationships by latest reported sector trade value. See data sources ↗

Latest reported relationshipsTop 10 by trade value
RankExporterImporterTrade valueGrowthHS6DistanceFTA
1USA, Puerto Rico and US Virgin IslandsUSACanadaCAN$2.4B+4.4%23556 kmYes
2CanadaCANUSA, Puerto Rico and US Virgin IslandsUSA$2.3B+5.1%18556 kmYes
3USA, Puerto Rico and US Virgin IslandsUSAMexicoMEX$2.2B+4.2%193,359 kmYes
4BrazilBRAIndonesiaIDN$1.7B+25.4%1115,642 kmNo
5ArgentinaARGViet NamVNM$1.6B+2.7%516,964 kmNo
6NetherlandsNLDBelgiumBEL$1.5B+3.9%22174 kmYes
7PeruPERChinaCHN$1.4B-1%217,167 kmYes
8NetherlandsNLDGermanyDEU$1.3B-2%22579 kmYes
9BrazilBRAThailandTHA$1.2B+3.5%1016,409 kmNo
10PolandPOLGermanyDEU$1.0B+12.4%20518 kmYes

Market structure

Where supply and demand concentrate

Exporter and importer rankings are separated so scale on one side of the market is not mistaken for demand on the other. Check coverage ↗

Top exporters2024 ranking
RankCountryExportsPartnersHS6
1USA, Puerto Rico and US Virgin IslandsUSA$15.0B16523
2BrazilBRA$10.9B15922
3ArgentinaARG$10.7B10623
4GermanyDEU$6.9B16223
5NetherlandsNLD$6.3B17223
6ChinaCHN$4.3B17123
7FranceFRA$4.2B17123
8CanadaCAN$3.5B12023
9ThailandTHA$3.4B13423
10PolandPOL$3.2B12823
Top importers2024 ranking
RankCountryImportsPartnersHS6
1ChinaCHN$6.7B7923
2GermanyDEU$6.1B10523
3USA, Puerto Rico and US Virgin IslandsUSA$5.3B10123
4Viet NamVNM$4.9B8922
5NetherlandsNLD$4.4B11523
6FranceFRA$4.2B14323
7United KingdomGBR$3.8B8823
8PolandPOL$3.7B8223
9IndonesiaIDN$3.4B7123
10ItalyITA$3.1B7923

HS6 product coverage

The classifications inside this sector

Explore the six-digit product classifications that make up HS2 23.

28 classifications shownBrowse the product workspace ↗
01
Flours, meals and pellets: of meat or meat offal, greavesHS6 230110
02
Flours, meals and pellets: of fish or of crustaceans, molluscs or other aquatic invertebratesHS6 230120
03
Bran, sharps and other residues: of maize (corn), whether or not in the form of pellets, derived from the sifting, milling or other workings thereofHS6 230210
04
Bran, sharps and other residues: of rice, whether or not in the form of pellets, derived from the sifting, milling or other workings thereofHS6 230220
05
Bran, sharps and other residues: of wheat, whether or not in the form of pellets, derived from the sifting, milling or other workings thereofHS6 230230
06
Bran, sharps and other residues: of other cereals, whether or not in the form of pellets, derived from the sifting, milling or other workings thereofHS6 230240
07
Bran, sharps and other residues: of leguminous plants, whether or not in the form of pellets, derived from the sifting, milling or other workings thereofHS6 230250
08
Residues of starch manufacture and similar residues: whether or not in the form of pelletsHS6 230310
09
Beet-pulp, bagasse and other waste of sugar manufacture: whether or not in the form of pelletsHS6 230320
10
Brewing or distilling dregs and waste: whether or not in the form of pelletsHS6 230330
11
Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oilHS6 230400
12
Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of ground-nut oilHS6 230500
13
Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of cotton seed oilsHS6 230610
14
Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of linseed oilsHS6 230620
15
Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of sunflower seed oilsHS6 230630
16
Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of rape or colza seed oilsHS6 230640
17
Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of low erucic acid rape or colza seed oilsHS6 230641
18
Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of rape seed oils (other than low erucic acid rape or colza)HS6 230649
19
Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of coconut or copra seed oilsHS6 230650
20
Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of palm nuts or kernels oilsHS6 230660
21
Oil cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of maize (corn) germ oilsHS6 230670
22
Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of oils, n.e.c. in heading no. 2306HS6 230690
23
Wine lees: argolHS6 230700
24
Vegetable materials and vegetable waste, vegetable residues and by-products: whether or not in the form of pellets, of a kind used in animal feeding, not elsewhere specified or includedHS6 230800
25
Vegetable materials and vegetable waste, vegetable residues and bi-products: whether or not in the form of pellets, of a kind used in animal feeding, acorns and horse-chestnutsHS6 230810
26
Vegetable materials and vegetable waste, vegetable residues and bi-products: whether or not in the form of pellets, of a kind used in animal feeding, other than acorns or horse-chestnutsHS6 230890
27
Dog or cat food: put up for retail sale, used in animal feedingHS6 230910
28
Dog or cat food: (not put up for retail sale), used in animal feedingHS6 230990

Definitions and coverage

Read the numbers with context

Clear definitions keep reported observations and calculated indicators in their proper context. Read our Responsible AI principles ↗

01

Reported values

Trade values describe reported merchandise trade for the HS2 classification. They are not company-level sales, retail quotes, or shipment records.

02

Calculated indicators

Growth, concentration, volatility, and peak comparisons are calculated from reported observations and should be read with their coverage period.

03

Missing data

A missing observation remains unavailable. It is not filled, interpolated, or presented as a forecast.

Coverage: 1995–2024 · Data refreshed 2026-07-20 09:34:08

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.