# Food industry residues (HS2 23) Sector Trade Overview | Yugalinks

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Food industry residues at HS2 23, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs2/23

## Answer

The food industry residues sector recorded $110.0B in reported global trade in 2024, with -11.6% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $110.0B |
| Latest annual change | -11.6% |
| Active exporters | 190 |
| Active importers | 200 |
| Active HS6 products | 23 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $18.1B | 3,817 | 23 |
| 1996 | $21.9B | 3,900 | 23 |
| 1997 | $22.0B | 4,023 | 23 |
| 1998 | $18.9B | 4,128 | 23 |
| 1999 | $18.6B | 4,430 | 23 |
| 2000 | $20.1B | 4,756 | 23 |
| 2001 | $21.8B | 4,832 | 23 |
| 2002 | $22.8B | 5,027 | 23 |
| 2003 | $25.6B | 5,146 | 23 |
| 2004 | $30.3B | 5,223 | 23 |
| 2005 | $30.2B | 5,419 | 23 |
| 2006 | $32.9B | 5,518 | 23 |
| 2007 | $41.5B | 5,568 | 23 |
| 2008 | $54.9B | 5,646 | 23 |
| 2009 | $51.3B | 5,812 | 23 |
| 2010 | $56.5B | 6,077 | 23 |
| 2011 | $64.9B | 6,219 | 23 |
| 2012 | $72.4B | 6,537 | 23 |
| 2013 | $80.2B | 6,585 | 23 |
| 2014 | $82.5B | 6,804 | 23 |
| 2015 | $71.9B | 7,070 | 23 |
| 2016 | $68.2B | 7,258 | 23 |
| 2017 | $70.4B | 7,406 | 23 |
| 2018 | $79.5B | 7,564 | 23 |
| 2019 | $76.8B | 7,704 | 23 |
| 2020 | $81.7B | 7,645 | 23 |
| 2021 | $100.0B | 7,836 | 23 |
| 2022 | $112.0B | 8,008 | 23 |
| 2023 | $112.3B | 8,161 | 23 |
| 2024 | $110.0B | 8,233 | 23 |

## Growth and market structure

- Trend: Growing
- Three-year CAGR: +3.2%
- Five-year CAGR: +7.4%
- Historical peak: $112.3B in 2,023
- Positive-growth years: 69%
- Exporter concentration HHI: 2,169.4
- Importer concentration HHI: 1,110.9
- Trade volatility coefficient: 0.6

## Leading corridors

| Rank | Exporter | Importer | Trade value | Growth | HS6 products | Distance | FTA |
| ---: | --- | --- | ---: | ---: | ---: | ---: | --- |
| 1 | USA, Puerto Rico and US Virgin Islands | Canada | $2.4B | +4.4% | 23 | 556 km | Yes |
| 2 | Canada | USA, Puerto Rico and US Virgin Islands | $2.3B | +5.1% | 18 | 556 km | Yes |
| 3 | USA, Puerto Rico and US Virgin Islands | Mexico | $2.2B | +4.2% | 19 | 3,359 km | Yes |
| 4 | Brazil | Indonesia | $1.7B | +25.4% | 11 | 15,642 km | No |
| 5 | Argentina | Viet Nam | $1.6B | +2.7% | 5 | 16,964 km | No |
| 6 | Netherlands | Belgium | $1.5B | +3.9% | 22 | 174 km | Yes |
| 7 | Peru | China | $1.4B | -1% | 2 | 17,167 km | Yes |
| 8 | Netherlands | Germany | $1.3B | -2% | 22 | 579 km | Yes |
| 9 | Brazil | Thailand | $1.2B | +3.5% | 10 | 16,409 km | No |
| 10 | Poland | Germany | $1.0B | +12.4% | 20 | 518 km | Yes |

## Leading exporters

| Rank | Country | Exports | Partners | HS6 products |
| ---: | --- | ---: | ---: | ---: |
| 1 | USA, Puerto Rico and US Virgin Islands | $15.0B | 165 | 23 |
| 2 | Brazil | $10.9B | 159 | 22 |
| 3 | Argentina | $10.7B | 106 | 23 |
| 4 | Germany | $6.9B | 162 | 23 |
| 5 | Netherlands | $6.3B | 172 | 23 |
| 6 | China | $4.3B | 171 | 23 |
| 7 | France | $4.2B | 171 | 23 |
| 8 | Canada | $3.5B | 120 | 23 |
| 9 | Thailand | $3.4B | 134 | 23 |
| 10 | Poland | $3.2B | 128 | 23 |

## Leading importers

| Rank | Country | Imports | Partners | HS6 products |
| ---: | --- | ---: | ---: | ---: |
| 1 | China | $6.7B | 79 | 23 |
| 2 | Germany | $6.1B | 105 | 23 |
| 3 | USA, Puerto Rico and US Virgin Islands | $5.3B | 101 | 23 |
| 4 | Viet Nam | $4.9B | 89 | 22 |
| 5 | Netherlands | $4.4B | 115 | 23 |
| 6 | France | $4.2B | 143 | 23 |
| 7 | United Kingdom | $3.8B | 88 | 23 |
| 8 | Poland | $3.7B | 82 | 23 |
| 9 | Indonesia | $3.4B | 71 | 23 |
| 10 | Italy | $3.1B | 79 | 23 |

## HS6 products

- Flours, meals and pellets: of meat or meat offal, greaves (HS6 230110)
- Flours, meals and pellets: of fish or of crustaceans, molluscs or other aquatic invertebrates (HS6 230120)
- Bran, sharps and other residues: of maize (corn), whether or not in the form of pellets, derived from the sifting, milling or other workings thereof (HS6 230210)
- Bran, sharps and other residues: of rice, whether or not in the form of pellets, derived from the sifting, milling or other workings thereof (HS6 230220)
- Bran, sharps and other residues: of wheat, whether or not in the form of pellets, derived from the sifting, milling or other workings thereof (HS6 230230)
- Bran, sharps and other residues: of other cereals, whether or not in the form of pellets, derived from the sifting, milling or other workings thereof (HS6 230240)
- Bran, sharps and other residues: of leguminous plants, whether or not in the form of pellets, derived from the sifting, milling or other workings thereof (HS6 230250)
- Residues of starch manufacture and similar residues: whether or not in the form of pellets (HS6 230310)
- Beet-pulp, bagasse and other waste of sugar manufacture: whether or not in the form of pellets (HS6 230320)
- Brewing or distilling dregs and waste: whether or not in the form of pellets (HS6 230330)
- Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil (HS6 230400)
- Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of ground-nut oil (HS6 230500)
- Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of cotton seed oils (HS6 230610)
- Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of linseed oils (HS6 230620)
- Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of sunflower seed oils (HS6 230630)
- 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 oils (HS6 230640)
- 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 oils (HS6 230641)
- 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)
- 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 oils (HS6 230650)
- 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 oils (HS6 230660)
- Oil cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of maize (corn) germ oils (HS6 230670)
- 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. 2306 (HS6 230690)
- Wine lees: argol (HS6 230700)
- 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 included (HS6 230800)
- 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-chestnuts (HS6 230810)
- 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-chestnuts (HS6 230890)
- Dog or cat food: put up for retail sale, used in animal feeding (HS6 230910)
- Dog or cat food: (not put up for retail sale), used in animal feeding (HS6 230990)

## Definitions and coverage

Merchandise trade observations aggregated to HS2. Growth, concentration, volatility, and peak comparisons calculated from reported observations. Missing values remain unavailable and are not imputed.

Reported observations cover 1995-2024. The data release was refreshed 2026-07-20 09:34:08.

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## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). [OECD Data Explorer](https://data-explorer.oecd.org/) · [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) · [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) · [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.