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2022
Exports $162MWorld Rnk 1 / 71
Flag Rnk 379 / 1214
2022
Destination $11M Philippines
2021 - 2022
FASTEST GROWING MARKET $11MPhilippines
2022
PRODUCT COMPLEXITY IN Animal Fat0.41Rnk 403 / 1025
2022
Imports $16.4MWorld Rnk 18 / 154
Flag Rnk 890 / 1214
2022
Origin $1.17M Germany
2021 - 2022
FASTEST GROWING ORIGIN $1.17MItaly
2022
ECONOMIC COMPLEXITY of Spain0.81Rnk 33 / 133

About

Exports In 2022, Spain exported $162M in Animal Fat, making it the 1st largest exporter of Animal Fat in the world. At the same year, Animal Fat was the 379th most exported product in Spain. The main destination of Animal Fat exports from Spain are: Philippines ($37.6M), Portugal ($12.5M), China ($8.76M), Germany ($8.57M), and Italy ($7.52M).

The fastest growing export markets for Animal Fat of Spain between 2021 and 2022 were Philippines ($11M), Serbia ($6.24M), and South Korea ($6.23M).

Imports In 2022, Spain imported $16.4M in Animal Fat, becoming the 18th largest importer of Animal Fat in the world. At the same year, Animal Fat was the 890th most imported product in Spain. Spain imports Animal Fat primarily from: Germany ($4.55M), France ($4.17M), Italy ($3.28M), Portugal ($1.95M), and Poland ($778k).

The fastest growing import markets in Animal Fat for Spain between 2021 and 2022 were Italy ($1.17M), Portugal ($472k), and Bulgaria ($71.6k).

Latest Trends

September 2024

About

Overview In September 2024 Spain's Animal Fat exports accounted up to €12M and imports accounted up to €1.76M, resulting in a positive trade balance of €10.3M. Between September 2023 and September 2024 the exports of Spain's   Animal Fat have decreased by €-1.26M (-9.48%) from €13.3M to €12M, while imports increased by €272k (18.3%) from €1.49M to €1.76M.

Destinations In September 2024, Animal Fat were exported mostly to Philippines (€3.34M), China (€1.15M), Hungary (€962k), Serbia (€685k), and Vietnam (€666k), and were imported mostly from Germany (€739k), Portugal (€262k), Denmark (€255k), France (€212k), and Poland (€107k).

Growth In September 2024, the decrease in Animal Fat's year-by-year exports was explained primarily by a decrease in exports to Italy (€-622k or -80.9%), Portugal (€-484k or -58.6%), and Vietnam (€-418k or -49.4%). In September 2024, the increase in Animal Fat's year-by-year imports was explained primarily by an increase in imports from Germany (€394k or 162%), Italy (€163k or 10.9k%), and Portugal (€80.5k or 46.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)€-1.26M(-9.48%)
IMPORT GROWTH (September 2023 - September 2024)€272k(18.3%)
MAIN EXPORTER (September 2024)Barcelona€3.46M
MAIN DESTINATION (September 2024)Philippines€3.34M

This section shows Animal Fat's exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Animal Fat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$162M
IMPORTS (2022)$16.4M
NET TRADE (2022)$146M

In 2022, Spain exported $162M in Animal Fat. The main destinations of Spain exports on Animal Fat were Philippines ($37.6M), Portugal ($12.5M), China ($8.76M), Germany ($8.57M), and Italy ($7.52M).

In 2022, Spain imported $16.4M in Animal Fat, mainly from Germany ($4.55M), France ($4.17M), Italy ($3.28M), Portugal ($1.95M), and Poland ($778k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal Fat EXPORT MARKETS FOR Spain WERE (2021 - 2022):
Philippines$11M (41.5%)
Serbia$6.24M (607%)
South Korea$6.23M (1.26k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Fat BY Spain WERE (2021 - 2022):
China-$101M (-92%)
Portugal-$2.5M (-16.6%)
Germany-$1.28M (-13%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Spain's main exporting competitors in Animal Fat were:
Germany $140M
Canada $92.6M
In 2022, Spain's main importing competitors in Animal Fat were:
Philippines $76.1M
Japan $59.2M
Belgium $51.3M

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Trade Value of Animal Fat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $2.21M
TOP IMPORT POTENTIALPoland+ $370k

Animal Fat’s highest export potential is France. With an export gap of $2.21M.   Animal Fat’s highest import potential is Poland with an import gap of $370k.

See methodology.

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