Animal ExtractsExtracts and juices of meat, fish or crustaceans, molluscs or other aquatic invertebrates
1603 (Harmonized System 1992 for 4-digit)
2021 World Trade: $331M, Rnk 1093 / 1217
2021 Top Exporter | Top Importer: $79.2M | $56M, New Zealand | United States
2020 - 2021 Export Growth (CAGR): -0.43%, Rnk 1132 / 1217
2018 Mean Tariff: 16.6%, Rnk 151 / 1259
2021 Share of World Trade: 0.0016%, Rnk 1093 / 1217
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.
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.
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).
Trade by country
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).
Cumulative market share
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.
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).
In 2021, the world most traded Animal Extracts, disaggragated by their HS6 level were Extracts, juices of meat, fish, aquatic... ($331M)
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.
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.
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