2022
Exports
$693kWorld Rnk 35 / 71
Flag Rnk 1001 / 1211
2022
PRODUCT COMPLEXITY IN Animal Fat
0.41Rnk 403 / 1025
2022
Imports
$2.85MWorld Rnk 46 / 154
Flag Rnk 1012 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $693k in Animal Fat, making it the 35th largest exporter of Animal Fat in the world. At the same year, Animal Fat was the 1001st most exported product in Thailand. The main destination of Animal Fat exports from Thailand are: Japan ($596k), Malaysia ($94.1k), Sweden ($2.45k), Singapore ($1.01k), and Hong Kong ($9).

The fastest growing export markets for Animal Fat of Thailand between 2021 and 2022 were Japan ($596k) and Singapore ($1.01k).

Imports In 2022, Thailand imported $2.85M in Animal Fat, becoming the 46th largest importer of Animal Fat in the world. At the same year, Animal Fat was the 1012th most imported product in Thailand. Thailand imports Animal Fat primarily from: Netherlands ($1.58M), Spain ($654k), Denmark ($334k), Germany ($142k), and Belgium ($60.8k).

The fastest growing import markets in Animal Fat for Thailand between 2021 and 2022 were Netherlands ($1.23M), Spain ($636k), and Denmark ($294k).

Latest Trends

Oct 2024

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 Animal Fat. 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 (2022)$693k
IMPORTS (2022)$2.85M
NET TRADE (2022)-$2.15M

In 2022, Thailand exported $693k in Animal Fat. The main destinations of Thailand exports on Animal Fat were Japan ($596k), Malaysia ($94.1k), Sweden ($2.45k), Singapore ($1.01k), and Hong Kong ($9).

In 2022, Thailand imported $2.85M in Animal Fat, mainly from Netherlands ($1.58M), Spain ($654k), Denmark ($334k), Germany ($142k), and Belgium ($60.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal Fat EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Japan$596k (1%)
Singapore$1.01k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Fat BY Thailand WERE (2021 - 2022):
Malaysia-$319k (-77.2%)
Sweden-$90.5k (-97.4%)
Netherlands-$9.99k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Animal Fat were:
Spain $162M
Canada $92.6M
In 2022, Thailand's main importing competitors in Animal Fat were:

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Trade Value of Animal Fat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $40.5k
TOP IMPORT POTENTIALGermany+ $115k

Animal Fat’s highest export potential is Japan. With an export gap of $40.5k.   Animal Fat’s highest import potential is Germany with an import gap of $115k.

See methodology.

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