Degras; residues resulting from the treatment of fatty substances or animal or vegetable waxes

1522 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Fat and Oil Residues. In 2021, Fat and Oil Residues were the world's 1142nd most traded product, with a total trade of $176M. Between 2020 and 2021 the exports of Fat and Oil Residues decreased by -8.01%, from $191M to $176M. Trade in Fat and Oil Residues represent 0.00084% of total world trade.

Fat and Oil Residues are a part of Animal or vegetable fats, oils, & waxes. They include Degras, residues from treatment animal & veg waxes.

Exports In 2021 the top exporters of Fat and Oil Residues  were Indonesia ($24.1M), Italy ($23.6M), Germany ($21.7M), Malaysia ($16.3M), and Romania ($12.9M).

Imports In 2021 the top importers of Fat and Oil Residues were Spain ($25.8M), Netherlands ($22.4M), France ($19.5M), Italy ($18M), and Denmark ($13.3M).

Tariffs In 2018 the average tariff for Fat and Oil Residues was 7.75%, making it the 561st lowest tariff using the HS4 product classification.

Latest Data

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The following visualization shows the latest trends on Fat and Oil Residues. 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$24.1M
Top Destination (2021)Spain$25.8M

In 2021 Fat and Oil Residues were the world's 1142nd most traded product (out of 1,217).

In 2021, the top exporters of Fat and Oil Residues were Indonesia ($24.1M), Italy ($23.6M), Germany ($21.7M), Malaysia ($16.3M), and Romania ($12.9M).

In 2021, the top importers of Fat and Oil Residues were Spain ($25.8M), Netherlands ($22.4M), France ($19.5M), Italy ($18M), and Denmark ($13.3M).

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Exporters of Fat and Oil Residues (2021)
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Importers of Fat and Oil Residues (2021)
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Market Dynamics

Color
Top Origin Growth (2020 -  2021)Italy$14.9M
Top Destination Growth (2020 -  2021)Spain$9.78M

Between 2020 and 2021, the exports of Fat and Oil Residues grew the fastest in Italy ($14.9M), Germany ($9.43M), Romania ($6.87M), Tunisia ($3.1M), and Ghana ($2.9M).

Between 2020 and 2021, the fastest growing importers of Fat and Oil Residues were Spain ($9.78M), Hungary ($6.42M), Denmark ($5.83M), Netherlands ($2.47M), and Japan ($1.91M).

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Exporters of Fat and Oil Residues (2020 - 2021)

Importers of Fat and Oil Residues (2020 - 2021)

Market Concentration

Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Fat and Oil Residues.

In 2021, market concentration measured using Shannon Entropy, was 4.17. This means that most of the exports of Fat and Oil Residues are explained by 17 countries.

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Value of Exports in Fat and Oil Residues

Net Trade

TOP NET EXPORTER (2021)Indonesia$22.4M
TOP NET IMPORTER (2021)Spain$20.1M

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

In 2021, the countries that had a largest trade value in exports than in imports of Fat and Oil Residues were Indonesia ($22.4M), Germany ($18.8M), Malaysia ($15.3M), Romania ($12.3M), and Italy ($5.64M).

In 2021, the countries that had a largest trade value in imports than in exports of Fat and Oil Residues were Spain ($20.1M), Denmark ($12.7M), Netherlands ($12.5M), Hungary ($9.95M), and Japan ($8.99M).

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 Fat and Oil Residues.
It is possible to select the main countries that export or import Fat and Oil Residues in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Fat and Oil Residues 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)

Country by Relatedness

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

Relative Relatedness by Country (2021)

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