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Pricing

Flours, meal and pellets, of meat or meat offal, of fish or of crustaceans, molluscs or other aquatic invertebrates, unfit for human consumption; greaves

2301 (Harmonized System 1992 for 4-digit)

2022
World Trade $9.2BRnk 403 / 1218
2022
Top Exporter | Top Importer $1.88B | $2.9BPeru | China
2022
Product Complexity -1.51Rnk 959 / 1033
2021 - 2022
Export Growth (CAGR) 12.9%Rnk 337 / 1218
2022
Share of World Trade 0.039%Rnk 403 / 1218

About

Overview This page contains the latest trade data of Animal Meal and Pellets. In 2022, Animal Meal and Pellets were the world's 403rd most traded product, with a total trade of $9.2B. Between 2021 and 2022 the exports of Animal Meal and Pellets grew by 12.9%, from $8.16B to $9.2B. Trade in Animal Meal and Pellets represent 0.039% of total world trade.

Animal Meal and Pellets are a part of Food residues & wastes; animal fodder. They include Flour or meal, pellet, fish, etc, for animal feed and Flour or meal, pellet of meat or offal for animal fee.

Exports In 2022 the top exporters of Animal Meal and Pellets  were Peru ($1.88B), United States ($911M), Chile ($423M), Denmark ($355M), and Germany ($351M).

Imports In 2022 the top importers of Animal Meal and Pellets were China ($2.9B), Vietnam ($626M), Norway ($481M), Indonesia ($356M), and Germany ($346M).

Ranking Animal Meal and Pellets ranks 959th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Animal Meal and Pellets. 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)Peru$1.88B
Top Destination (2022)China$2.9B

In 2022 Animal Meal and Pellets were the world's 403rd most traded product (out of 1,218).

In 2022, the top exporters of Animal Meal and Pellets were Peru ($1.88B), United States ($911M), Chile ($423M), Denmark ($355M), and Germany ($351M).

In 2022, the top importers of Animal Meal and Pellets were China ($2.9B), Vietnam ($626M), Norway ($481M), Indonesia ($356M), and Germany ($346M).

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Exporters of Animal Meal and Pellets (2022)
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Importers of Animal Meal and Pellets (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)India$167M
Top Destination Growth (2021 -  2022)China$355M

Between 2021 and 2022, the exports of Animal Meal and Pellets grew the fastest in India ($167M), Iceland ($153M), Vietnam ($103M), Morocco ($76.2M), and Australia ($62.4M).

Between 2021 and 2022, the fastest growing importers of Animal Meal and Pellets were China ($355M), Vietnam ($144M), Norway ($141M), Ecuador ($91.4M), and Turkey ($73.8M).

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Exporters of Animal Meal and Pellets (2021 - 2022)

Importers of Animal Meal and Pellets (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Animal Meal and Pellets.

In 2022, market concentration measured using Shannon Entropy, was 4.89. This means that most of the exports of Animal Meal and Pellets are explained by 29 countries.

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Value of Exports in Animal Meal and Pellets

Net Trade

TOP NET EXPORTER (2022)Peru$1.85B
TOP NET IMPORTER (2022)China$2.89B

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

In 2022, the countries that had a largest trade value in exports than in imports of Animal Meal and Pellets were Peru ($1.85B), United States ($671M), Chile ($295M), Iceland ($286M), and Morocco ($252M).

In 2022, the countries that had a largest trade value in imports than in exports of Animal Meal and Pellets were China ($2.89B), Indonesia ($342M), Vietnam ($292M), Turkey ($287M), and Norway ($286M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Animal Meal and Pellets, disaggragated by their HS6 level were Flour or meal, pellet, fish, etc,... ($5.96B) and Flour or meal, pellet of meat... ($3.24B)

HS6 Disaggregation for Animal Meal and Pellets (2022)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Animal Meal and Pellets by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALVietnam+ $7.55M
TOP IMPORT POTENTIALChile+ $1.57M

Animal Meal and Pellets’s highest export potential is Vietnam. With an export gap of $7.55M.  Animal Meal and Pellets’s highest import potential is Chile with an import gap of $1.57M.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Animal Meal and Pellets.

Country by Relatedness

The following visualization shows the relatedness of Animal Meal and Pellets 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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