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Animal fats and oils and their fractions; whether or not refined, but not chemically modified, n.e.c. in chapter 15

1506 (Harmonized System 1992 for 4-digit)

2023
World Trade $558MRnk 1021 / 1217
2023
Top Exporter | Top Importer $143M | $138MNetherlands | Netherlands
2023
Product Complexity 0.57Rnk 346 / 1044
2022 - 2023
Export Growth (CAGR) -16.9%Rnk 962 / 1217
2023
Share of World Trade 0.0025%Rnk 1021 / 1217

About

Overview This page contains the latest trade data of Other Animal Fats. In 2023, Other Animal Fats were the world's 1021st most traded product, with a total trade of $558M. Between 2022 and 2023 the exports of Other Animal Fats decreased by -16.9%, from $672M to $558M. Trade in Other Animal Fats represent 0.0025% of total world trade.

Other Animal Fats are a part of Animal or vegetable fats, oils, & waxes. They include Animal fats,oils,fractions not chemically modified ne.

Exports In 2023 the top exporters of Other Animal Fats  were Netherlands ($143M), New Zealand ($59.3M), France ($56.7M), Belgium ($53.7M), and Germany ($37.9M).

Imports In 2023 the top importers of Other Animal Fats were Netherlands ($138M), United States ($113M), Sweden ($49.4M), France ($32M), and Spain ($27.7M).

Ranking Other Animal Fats ranks 346th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Other Animal Fats. 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 (2023)Netherlands$143M
Top Destination (2023)Netherlands$138M

In 2023 Other Animal Fats were the world's 1021st most traded product (out of 1,217).

In 2023, the top exporters of Other Animal Fats were Netherlands ($143M), New Zealand ($59.3M), France ($56.7M), Belgium ($53.7M), and Germany ($37.9M).

In 2023, the top importers of Other Animal Fats were Netherlands ($138M), United States ($113M), Sweden ($49.4M), France ($32M), and Spain ($27.7M).

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Exporters of Other Animal Fats (2023)
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Importers of Other Animal Fats (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Netherlands$39.1M
Top Destination Growth (2022 -  2023)United States$85.5M

Between 2022 and 2023, the exports of Other Animal Fats grew the fastest in Netherlands ($39.1M), Spain ($19M), United States ($16.2M), Brazil ($16M), and France ($15.5M).

Between 2022 and 2023, the fastest growing importers of Other Animal Fats were United States ($85.5M), China ($19M), Singapore ($14.6M), Japan ($6.49M), and Spain ($5.07M).

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Exporters of Other Animal Fats (2022 - 2023)

Importers of Other Animal Fats (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Other Animal Fats.

In 2023, market concentration measured using Shannon Entropy, was 3.8. This means that most of the exports of Other Animal Fats are explained by 13 countries.

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Value of Exports in Other Animal Fats

Net Trade

TOP NET EXPORTER (2023)New Zealand$58.9M
TOP NET IMPORTER (2023)United States$85.7M

This map shows which countries export or import more of Other Animal Fats. Each country is colored based on the difference in exports and imports of Other Animal Fats during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Other Animal Fats were New Zealand ($58.9M), Belgium ($38.2M), France ($24.7M), Brazil ($22.1M), and Germany ($19.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Other Animal Fats were United States ($85.7M), Sweden ($49.2M), China ($19.1M), Singapore ($15.6M), and Canada ($13M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Other Animal Fats by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $2.44M
TOP IMPORT POTENTIALUnited Kingdom+ $831k

Other Animal Fats’s highest export potential is Germany. With an export gap of $2.44M.  Other Animal Fats’s highest import potential is United Kingdom with an import gap of $831k.

See methodology.

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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 (2023)

Country by Relatedness

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

Relative Relatedness by Country (2023)

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