HS Icon Animal Extracts

Extracts and juices of meat, fish or crustaceans, molluscs or other aquatic invertebrates

1603 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Animal Extracts. In 2021, Animal Extracts were the world's 1093rd most traded product, with a total trade of $331M. Between 2020 and 2021 the exports of Animal Extracts decreased by -0.43%, from $333M to $331M. Trade in Animal Extracts represent 0.0016% of total world trade.

Animal Extracts are a part of Preparations of fish, crustacenas, & molluscs. They include Extracts, juices of meat, fish, aquatic invertebrates.

Exports In 2021 the top exporters of Animal Extracts  were New Zealand ($79.2M), China ($26M), France ($25.7M), Italy ($23.3M), and Brazil ($20.9M).

Imports In 2021 the top importers of Animal Extracts were United States ($56M), Japan ($39.2M), South Korea ($37M), Canada ($34.4M), and Hong Kong ($22.9M).

Tariffs In 2018 the average tariff for Animal Extracts was 16.6%, making it the 151st lowest tariff using the HS4 product classification.

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Y-AXIS SCALE

The following visualization shows the latest trends on Animal Extracts. 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

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Exporters and Importers

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Trade By Country

Top Origin (2021): New Zealand, $79.2M

Top Destination (2021): United States, $56M

Animal Extracts are the world's 1093rd most traded product.

In 2021, the top exporters of Animal Extracts were New Zealand ($79.2M), China ($26M), France ($25.7M), Italy ($23.3M), and Brazil ($20.9M).

In 2021, the top importers of Animal Extracts were United States ($56M), Japan ($39.2M), South Korea ($37M), Canada ($34.4M), and Hong Kong ($22.9M).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): New Zealand, $32.2M

Top Destination Growth (2020 -  2021): Canada, $14.2M

Between 2020 and 2021, the exports of Animal Extracts grew the fastest in New Zealand ($32.2M), Thailand ($4.04M), Canada ($3.72M), France ($3.51M), and Ireland ($1.76M).

Between 2020 and 2021, the fastest growing importers of Animal Extracts were Canada ($14.2M), United States ($10.5M), Japan ($4.67M), South Korea ($3.44M), and Burma ($1.71M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Animal Extracts.

In 2021, market concentration measured using Shannon Entropy, was 4.13. This means that most of the exports of Animal Extracts are explained by 17 countries.

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TOP NET EXPORTER (2021): New Zealand, $77.5M

TOP NET IMPORTER (2021): United States, $39.5M

This map shows which countries export or import more of Animal Extracts. Each country is colored based on the difference in exports and imports of Animal Extracts during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Animal Extracts were New Zealand ($77.5M), China ($20.9M), Italy ($20.5M), Brazil ($20.2M), and France ($17.6M).

In 2021, the countries that had a largest trade value in imports than in exports of Animal Extracts were United States ($39.5M), Japan ($35.6M), South Korea ($28.3M), Canada ($22.3M), and Germany ($19.2M).

Disaggregation

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Value

In 2021, the world most traded Animal Extracts, disaggragated by their HS6 level were Extracts, juices of meat, fish, aquatic... ($331M)

Country Comparison

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Flow
Measure
Ranking

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

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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The following visualization shows the relatedness of Animal Extracts to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.