HS Icon Flour or meal, pellet, fish, etc, for animal feed

230120 (Harmonized System 1992 for 6-digit)

 2019
World Trade
: $4.69B, Rnk 664 / 4648

2019
Top Exporter | Top Importer
: $1.54B | $1.85B, Peru | China

2019
Product Complexity
: -1.65, Rnk 4527 / 4826

2018 - 2019
Export Growth (CAGR)
: -5.38%, Rnk 2681 / 4648

2018
Mean Tariff
: 2.68%, Rnk 5881 / 6538

 2019
Share of World Trade
: 0.026%, Rnk 664 / 4648

Overview:  This page contains the latest trade data of Flour or meal, pellet, fish, etc, for animal feed. In 2019, Flour or meal, pellet, fish, etc, for animal feed were the world's 664th most traded product, with a total trade of $4.69B. Between 2018 and 2019 the exports of Flour or meal, pellet, fish, etc, for animal feed decreased by -5.38%, from  $4.96B to $4.69B. Trade in Flour or meal, pellet, fish, etc, for animal feed represent 0.026% of total world trade.

Exports: In 2019 the top exporters of Flour or meal, pellet, fish, etc, for animal feed  were Peru ($1.54B), Denmark ($346M), Chile ($305M), United States ($217M), and Morocco ($186M).

Imports: In 2019 the top importers of Flour or meal, pellet, fish, etc, for animal feed were China ($1.85B), Norway ($286M), Japan ($283M), Vietnam ($218M), and United Kingdom ($175M).

Tariffs: In 2018 the average tariff for Flour or meal, pellet, fish, etc, for animal feed was 2.68%, making it the 5881st lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Flour or meal, pellet, fish, etc, for animal feed are Bahamas (40.2%), Algeria (27.6%), Maldives (24.5%), Sudan (21.9%), and Morocco (21.5%). The countries with the lowest tariffs are Angola (0%), Madagascar (0%), Mozambique (0%), Mauritius (0%), and South Africa (0%).

Ranking: Flour or meal, pellet, fish, etc, for animal feed ranks 4527th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2019): Peru, $1.54B

Top Destination (2019): China, $1.85B

Flour or meal, pellet, fish, etc, for animal feed are the world's 664th most traded product.

In 2019, the top exporters of Flour or meal, pellet, fish, etc, for animal feed were Peru ($1.54B), Denmark ($346M), Chile ($305M), United States ($217M), and Morocco ($186M).

In 2019, the top importers of Flour or meal, pellet, fish, etc, for animal feed were China ($1.85B), Norway ($286M), Japan ($283M), Vietnam ($218M), and United Kingdom ($175M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Morocco, $34.3M

Top Destination Growth (2018 - 2019): Denmark, $36.5M

Between 2018 and 2019, the exports of Flour or meal, pellet, fish, etc, for animal feed grew the fastest in Morocco ($34.3M), Netherlands ($14.1M), Mauritania ($13.8M), United Kingdom ($12.5M), and Norway ($12.3M).

Between 2018 and 2019, the fastest growing importers of Flour or meal, pellet, fish, etc, for animal feed were Denmark ($36.5M), United Kingdom ($28.2M), Canada ($26.5M), Germany ($14.1M), and Turkey ($10.3M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Flour or meal, pellet, fish, etc, for animal feed.

In 2019,  market concentration measured using Shannon Entropy, was 4.2. This means that most of the exports of Flour or meal, pellet, fish, etc, for animal feed are explained by 18 countries.

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TOP NET EXPORTER (2019): Peru, $1.54B

TOP NET IMPORTER (2019): China, $1.82B

This map shows which countries export or import more of Flour or meal, pellet, fish, etc, for animal feed. Each country is colored based on the difference in exports and imports of Flour or meal, pellet, fish, etc, for animal feed during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Flour or meal, pellet, fish, etc, for animal feed were Peru ($1.54B), Chile ($267M), Denmark ($220M), Morocco ($185M), and Mauritania ($179M).

In 2019, the countries that had a largest trade value in imports than in exports of Flour or meal, pellet, fish, etc, for animal feed were China ($1.82B), Japan ($272M), Chinese Taipei ($160M), Turkey ($156M), and Norway ($149M).

Import Tariffs

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In 2018, the average tariff for importing Flour or meal, pellet, fish, etc, for animal feed was 2.68%.  The countries with the highest tariffs for importing Flour or meal, pellet, fish, etc, for animal feed were Bahamas (40.2%), Algeria (27.6%), Maldives (24.5%), Sudan (21.9%), and Morocco (21.5%).

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Product Complexity

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Diversification Frontier

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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.