NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

III (Harmonized System 1992 for Section)

2023
World Trade $170BRnk 17 / 21
2023
Top Exporter | Top Importer $37.8B | $17.5BIndonesia | China
2023
Product Complexity -0.85Rnk 18 / 21
2022 - 2023
Export Growth (CAGR) -16.4%Rnk 19 / 21
2023
Share of World Trade 0.75%Rnk 17 / 21

About

Overview This page contains the latest trade data of Animal and Vegetable Bi-Products. In 2023, Animal and Vegetable Bi-Products were the world's 17th most traded product, with a total trade of $170B. Between 2022 and 2023 the exports of Animal and Vegetable Bi-Products decreased by -16.4%, from $204B to $170B. Trade in Animal and Vegetable Bi-Products represent 0.75% of total world trade.

Animal and Vegetable Bi-Products include Animal or vegetable fats, oils, & waxes.

Exports In 2023 the top exporters of Animal and Vegetable Bi-Products  were Indonesia ($37.8B), Malaysia ($22B), Netherlands ($8.1B), Spain ($7.82B), and Canada ($6.5B).

Imports In 2023 the top importers of Animal and Vegetable Bi-Products were China ($17.5B), United States ($16.6B), India ($15.8B), Netherlands ($10.1B), and Italy ($7.17B).

Ranking Animal and Vegetable Bi-Products ranks 18th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Animal and Vegetable Bi-Products. Countries are shown based on data availability.

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

Explore Latest Trends

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2023)Indonesia$37.8B
Top Destination (2023)China$17.5B

In 2023 Animal and Vegetable Bi-Products were the world's 17th most traded product (out of 21).

In 2023, the top exporters of Animal and Vegetable Bi-Products were Indonesia ($37.8B), Malaysia ($22B), Netherlands ($8.1B), Spain ($7.82B), and Canada ($6.5B).

In 2023, the top importers of Animal and Vegetable Bi-Products were China ($17.5B), United States ($16.6B), India ($15.8B), Netherlands ($10.1B), and Italy ($7.17B).

Explore Visualizations

Exporters of Animal and Vegetable Bi-Products (2023)
[Click to Select a Country]

Importers of Animal and Vegetable Bi-Products (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)Greece$582M
Top Destination Growth (2022 -  2023)United States$772M

Between 2022 and 2023, the exports of Animal and Vegetable Bi-Products grew the fastest in Greece ($582M), Djibouti ($289M), Mexico ($279M), Chile ($270M), and Canada ($237M).

Between 2022 and 2023, the fastest growing importers of Animal and Vegetable Bi-Products were United States ($772M), Romania ($512M), Tanzania ($179M), Benin ($139M), and Mauritania ($117M).

Explore Visualizations

Exporters of Animal and Vegetable Bi-Products (2022 - 2023)

Importers of Animal and Vegetable Bi-Products (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Animal and Vegetable Bi-Products.

In 2023, market concentration measured using Shannon Entropy, was 4.82. This means that most of the exports of Animal and Vegetable Bi-Products are explained by 28 countries.

Explore Visualizations

Value of Exports in Animal and Vegetable Bi-Products

Net Trade

TOP NET EXPORTER (2023)Indonesia$37.4B
TOP NET IMPORTER (2023)China$14.3B

This map shows which countries export or import more of Animal and Vegetable Bi-Products. Each country is colored based on the difference in exports and imports of Animal and Vegetable Bi-Products during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Animal and Vegetable Bi-Products were Indonesia ($37.4B), Malaysia ($18.4B), Argentina ($6.13B), Ukraine ($5.68B), and Canada ($4.66B).

In 2023, the countries that had a largest trade value in imports than in exports of Animal and Vegetable Bi-Products were China ($14.3B), United States ($13.6B), India ($13.5B), Italy ($3.35B), and Pakistan ($3.19B).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Animal and Vegetable Bi-Products.
It is possible to select the main countries that export or import Animal and Vegetable Bi-Products in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Animal and Vegetable Bi-Products by percentage of total exports

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $183M
TOP IMPORT POTENTIALMalaysia+ $20.3M

Animal and Vegetable Bi-Products’s highest export potential is Malaysia. With an export gap of $183M.  Animal and Vegetable Bi-Products’s highest import potential is Malaysia with an import gap of $20.3M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms