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III (Harmonized System 1992 for Section)

2021
World Trade $168BRnk 18 / 21
2021
Top Exporter | Top Importer $39.9B | $18.3BIndonesia | India
2021
Product Complexity -0.9Rnk 18 / 21
2020 - 2021
Export Growth (CAGR) 44.1%Rnk 2 / 21
2018
Mean Tariff 10.6%Rnk 8 / 21
2021
Share of World Trade 0.8%Rnk 18 / 21

About

Overview This page contains the latest trade data of Animal and Vegetable Bi-Products. In 2021, Animal and Vegetable Bi-Products were the world's 18th most traded product, with a total trade of $168B. Between 2020 and 2021 the exports of Animal and Vegetable Bi-Products grew by 44.1%, from $116B to $168B. Trade in Animal and Vegetable Bi-Products represent 0.8% of total world trade.

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

Exports In 2021 the top exporters of Animal and Vegetable Bi-Products  were Indonesia ($39.9B), Malaysia ($23.5B), Netherlands ($8.47B), Argentina ($7.41B), and Ukraine ($6.96B).

Imports In 2021 the top importers of Animal and Vegetable Bi-Products were India ($18.3B), China ($17.2B), Netherlands ($11.7B), United States ($11B), and Italy ($6.25B).

Tariffs In 2018 the average tariff for Animal and Vegetable Bi-Products was 10.6%, making it the 8th lowest tariff using the Section product classification.

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

Latest Trends

Latest Data

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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.

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

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Historical Data

Exporters and Importers

Top Origin (2021)Indonesia$39.9B
Top Destination (2021)India$18.3B

In 2021 Animal and Vegetable Bi-Products were the world's 18th most traded product (out of 21).

In 2021, the top exporters of Animal and Vegetable Bi-Products were Indonesia ($39.9B), Malaysia ($23.5B), Netherlands ($8.47B), Argentina ($7.41B), and Ukraine ($6.96B).

In 2021, the top importers of Animal and Vegetable Bi-Products were India ($18.3B), China ($17.2B), Netherlands ($11.7B), United States ($11B), and Italy ($6.25B).

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Exporters of Animal and Vegetable Bi-Products (2021)
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Importers of Animal and Vegetable Bi-Products (2021)
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Market Dynamics

Color
Top Origin Growth (2020 -  2021)Indonesia$14.9B
Top Destination Growth (2020 -  2021)India$7.42B

Between 2020 and 2021, the exports of Animal and Vegetable Bi-Products grew the fastest in Indonesia ($14.9B), Malaysia ($7.34B), Argentina ($2.3B), Netherlands ($2.19B), and Canada ($1.77B).

Between 2020 and 2021, the fastest growing importers of Animal and Vegetable Bi-Products were India ($7.42B), China ($4.94B), Netherlands ($3.57B), United States ($3.52B), and Spain ($1.71B).

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Exporters of Animal and Vegetable Bi-Products (2020 - 2021)

Importers of Animal and Vegetable Bi-Products (2020 - 2021)

Market Concentration

Cumulative market share

Value

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

In 2021, market concentration measured using Shannon Entropy, was 4.67. This means that most of the exports of Animal and Vegetable Bi-Products are explained by 25 countries.

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Value of Exports in Animal and Vegetable Bi-Products

Net Trade

TOP NET EXPORTER (2021)Indonesia$39.5B
TOP NET IMPORTER (2021)India$16.1B

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 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Animal and Vegetable Bi-Products were Indonesia ($39.5B), Malaysia ($19.6B), Argentina ($7.23B), Ukraine ($6.4B), and Canada ($3.78B).

In 2021, the countries that had a largest trade value in imports than in exports of Animal and Vegetable Bi-Products were India ($16.1B), China ($14.7B), United States ($6.05B), Pakistan ($3.56B), and Netherlands ($3.22B).

Net Trade (2021)

Country Comparison

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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

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 (2021)

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