2022
Exports
$13.1MWorld Rnk 13 / 71
Flag Rnk 684 / 1211
2022
PRODUCT COMPLEXITY IN Animal Fat
0.41Rnk 403 / 1025
2022
Imports
$14.3MWorld Rnk 23 / 154
Flag Rnk 785 / 1212
2022
ECONOMIC COMPLEXITY of Austria
1.5Rnk 8 / 133

About

Exports In 2022, Austria exported $13.1M in Animal Fat, making it the 13th largest exporter of Animal Fat in the world. At the same year, Animal Fat was the 684th most exported product in Austria. The main destination of Animal Fat exports from Austria are: Italy ($4.53M), Slovakia ($2.14M), Hungary ($1.45M), Slovenia ($1.15M), and Germany ($744k).

The fastest growing export markets for Animal Fat of Austria between 2021 and 2022 were Hungary ($828k), Slovakia ($657k), and Romania ($608k).

Imports In 2022, Austria imported $14.3M in Animal Fat, becoming the 23rd largest importer of Animal Fat in the world. At the same year, Animal Fat was the 785th most imported product in Austria. Austria imports Animal Fat primarily from: Germany ($7.22M), Italy ($4.83M), Netherlands ($786k), Spain ($356k), and France ($311k).

The fastest growing import markets in Animal Fat for Austria between 2021 and 2022 were Italy ($2.09M), Germany ($1.96M), and Netherlands ($420k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Animal Fat. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$13.1M
IMPORTS (2022)$14.3M
NET TRADE (2022)-$1.14M

In 2022, Austria exported $13.1M in Animal Fat. The main destinations of Austria exports on Animal Fat were Italy ($4.53M), Slovakia ($2.14M), Hungary ($1.45M), Slovenia ($1.15M), and Germany ($744k).

In 2022, Austria imported $14.3M in Animal Fat, mainly from Germany ($7.22M), Italy ($4.83M), Netherlands ($786k), Spain ($356k), and France ($311k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal Fat EXPORT MARKETS FOR Austria WERE (2021 - 2022):
Hungary$828k (133%)
Slovakia$657k (44.3%)
Romania$608k (565%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Fat BY Austria WERE (2021 - 2022):
China-$3.76M (-100%)
Lithuania-$448k (-90.6%)
Belarus-$432k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Austria' main exporting competitors in Animal Fat were:
Spain $162M
Canada $92.6M
In 2022, Austria' main importing competitors in Animal Fat were:

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Trade Value of Animal Fat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $527k
TOP IMPORT POTENTIALSpain+ $339k

Animal Fat’s highest export potential is Germany. With an export gap of $527k.   Animal Fat’s highest import potential is Spain with an import gap of $339k.

See methodology.

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