Flour or meal, pellet of meat or offal for animal fee230110 (Harmonized System 1992 for 6-digit)
2020 World Trade: $2.31B, Rnk 1130 / 4613
2020 Top Exporter | Top Importer: $566M | $443M, United States | Vietnam
2020 Product Complexity: -0.36, Rnk 3124 / 4783
2019 - 2020 Export Growth (CAGR): 1.48%, Rnk 1039 / 4613
2018 Mean Tariff: 4.43%, Rnk 4668 / 6538
2020 Share of World Trade: 0.014%, Rnk 1130 / 4613
Overview This page contains the latest trade data of Flour or meal, pellet of meat or offal for animal fee. In 2020, Flour or meal, pellet of meat or offal for animal fee were the world's 1130th most traded product, with a total trade of $2.31B. Between 2019 and 2020 the exports of Flour or meal, pellet of meat or offal for animal fee grew by 1.48%, from $2.28B to $2.31B. Trade in Flour or meal, pellet of meat or offal for animal fee represent 0.014% of total world trade.
Flour or meal, pellet of meat or offal for animal fee are a part of Animal Meal and Pellets.
Exports In 2020 the top exporters of Flour or meal, pellet of meat or offal for animal fee were United States ($566M), Hungary ($169M), Germany ($165M), Australia ($135M), and Netherlands ($135M).
Imports In 2020 the top importers of Flour or meal, pellet of meat or offal for animal fee were Vietnam ($443M), China ($196M), Indonesia ($171M), Thailand ($127M), and Germany ($113M).
Tariffs In 2018 the average tariff for Flour or meal, pellet of meat or offal for animal fee was 4.43%, making it the 4668th lowest tariff using the HS6 product classification.
Ranking Flour or meal, pellet of meat or offal for animal fee ranks 3124th in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Flour or meal, pellet of meat or offal for animal fee. 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 (2020): United States, $566M
Top Destination (2020): Vietnam, $443M
Flour or meal, pellet of meat or offal for animal fee are the world's 1130th most traded product.
In 2020, the top exporters of Flour or meal, pellet of meat or offal for animal fee were United States ($566M), Hungary ($169M), Germany ($165M), Australia ($135M), and Netherlands ($135M).
In 2020, the top importers of Flour or meal, pellet of meat or offal for animal fee were Vietnam ($443M), China ($196M), Indonesia ($171M), Thailand ($127M), and Germany ($113M).
Trade by country
Top Origin Growth (2019 - 2020): United States, $62.1M
Top Destination Growth (2019 - 2020): Vietnam, $116M
Between 2019 and 2020, the exports of Flour or meal, pellet of meat or offal for animal fee grew the fastest in United States ($62.1M), Hungary ($41M), Germany ($22.5M), Poland ($13.9M), and Canada ($7.7M).
Between 2019 and 2020, the fastest growing importers of Flour or meal, pellet of meat or offal for animal fee were Vietnam ($116M), China ($32.9M), Fiji ($13M), Germany ($9.76M), and Singapore ($6.73M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Flour or meal, pellet of meat or offal for animal fee.
In 2020, market concentration measured using Shannon Entropy, was 4.25. This means that most of the exports of Flour or meal, pellet of meat or offal for animal fee are explained by 19 countries.
TOP NET EXPORTER (2020): United States, $468M
TOP NET IMPORTER (2020): Vietnam, $441M
This map shows which countries export or import more of Flour or meal, pellet of meat or offal for animal fee. Each country is colored based on the difference in exports and imports of Flour or meal, pellet of meat or offal for animal fee during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Flour or meal, pellet of meat or offal for animal fee were United States ($468M), Hungary ($137M), Australia ($133M), Poland ($95.1M), and New Zealand ($90.6M).
In 2020, the countries that had a largest trade value in imports than in exports of Flour or meal, pellet of meat or offal for animal fee were Vietnam ($441M), China ($195M), Indonesia ($171M), Thailand ($126M), and Mexico ($48.3M).
This visualization shows the countries that have an important ratio of their trade related to Flour or meal, pellet of meat or offal for animal fee. It is possible to select the main countries that export or import Flour or meal, pellet of meat or offal for animal fee 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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