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Pricing

Pig fat, free of lean meat, and poultry fat, not rendered or otherwise extracted, fresh, chilled, frozen, salted, in brine, dried or smoked

0209 (Harmonized System 1992 for 4-digit)

2022
World Trade $834MRnk 971 / 1218
2022
Top Exporter | Top Importer $162M | $76.1MSpain | Philippines
2022
Product Complexity 0.43Rnk 403 / 1033
2021 - 2022
Export Growth (CAGR) -8.62%Rnk 1094 / 1218
2022
Share of World Trade 0.0035%Rnk 971 / 1218

About

Overview This page contains the latest trade data of Animal Fat. In 2022, Animal Fat were the world's 971st most traded product, with a total trade of $834M. Between 2021 and 2022 the exports of Animal Fat decreased by -8.62%, from $913M to $834M. Trade in Animal Fat represent 0.0035% of total world trade.

Animal Fat are a part of Meat & edible offal. They include Unprocessed Pig & Poultry Fat.

Exports In 2022 the top exporters of Animal Fat  were Spain ($162M), Germany ($140M), Canada ($92.6M), Poland ($66.2M), and Netherlands ($58.3M).

Imports In 2022 the top importers of Animal Fat were Philippines ($76.1M), Japan ($59.2M), Belgium ($51.3M), Mexico ($45.9M), and Netherlands ($42.7M).

Ranking Animal Fat ranks 403rd in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Animal Fat. Countries are shown based on data availability.

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

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* 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.

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Historical Data

Exporters and Importers

Top Origin (2022)Spain$162M
Top Destination (2022)Philippines$76.1M

In 2022 Animal Fat were the world's 971st most traded product (out of 1,218).

In 2022, the top exporters of Animal Fat were Spain ($162M), Germany ($140M), Canada ($92.6M), Poland ($66.2M), and Netherlands ($58.3M).

In 2022, the top importers of Animal Fat were Philippines ($76.1M), Japan ($59.2M), Belgium ($51.3M), Mexico ($45.9M), and Netherlands ($42.7M).

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Exporters of Animal Fat (2022)
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Importers of Animal Fat (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Germany$24M
Top Destination Growth (2021 -  2022)Japan$18.1M

Between 2021 and 2022, the exports of Animal Fat grew the fastest in Germany ($24M), Poland ($11.5M), Canada ($7.12M), Belgium ($3.15M), and Sweden ($1.74M).

Between 2021 and 2022, the fastest growing importers of Animal Fat were Japan ($18.1M), Belgium ($14.5M), Philippines ($11.7M), Vietnam ($10.5M), and Serbia ($9.28M).

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Exporters of Animal Fat (2021 - 2022)

Importers of Animal Fat (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.82. This means that most of the exports of Animal Fat are explained by 14 countries.

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Value of Exports in Animal Fat

Net Trade

TOP NET EXPORTER (2022)Spain$146M
TOP NET IMPORTER (2022)Philippines$76.1M

This map shows which countries export or import more of Animal Fat. Each country is colored based on the difference in exports and imports of Animal Fat during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Animal Fat were Spain ($146M), Germany ($112M), Canada ($92.3M), Poland ($44.4M), and Italy ($39.2M).

In 2022, the countries that had a largest trade value in imports than in exports of Animal Fat were Philippines ($76.1M), Japan ($59.2M), Mexico ($41.7M), Ukraine ($36.9M), and China ($24.7M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Animal Fat by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $1.59M
TOP IMPORT POTENTIALUnited States+ $81.8k

Animal Fat’s highest export potential is United States. With an export gap of $1.59M.  Animal Fat’s highest import potential is United States with an import gap of $81.8k.

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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 (2022)

Country by Relatedness

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

Relative Relatedness by Country (2022)

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