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2023
Exports $53.1MWorld Rnk 6 / 77
Flag Rnk 687 / 1216
2023
Destination $617k France
2022 - 2023
FASTEST GROWING MARKET $617kHungary
2023
PRODUCT COMPLEXITY IN Animal Fat0.44Rnk 389 / 1025
2023
Imports $8.24MWorld Rnk 26 / 162
Flag Rnk 1038 / 1213
2023
Origin $245k Spain
2022 - 2023
FASTEST GROWING ORIGIN $245kPoland
2023
ECONOMIC COMPLEXITY of Italy1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $53.1M in Animal Fat, making it the 6th largest exporter of Animal Fat in the world. At the same year, Animal Fat was the 687th most exported product in Italy. The main destination of Animal Fat exports from Italy are: France ($13.2M), Belgium ($12.7M), Romania ($4.97M), Czechia ($3.98M), and Hungary ($2.32M).

The fastest growing export markets for Animal Fat of Italy between 2022 and 2023 were Hungary ($617k), Spain ($443k), and Slovenia ($392k).

Imports In 2023, Italy imported $8.24M in Animal Fat, becoming the 26th largest importer of Animal Fat in the world. At the same year, Animal Fat was the 1038th most imported product in Italy. Italy imports Animal Fat primarily from: Spain ($2.97M), Austria ($2.54M), Hungary ($703k), Germany ($459k), and Netherlands ($450k).

The fastest growing import markets in Animal Fat for Italy between 2022 and 2023 were Poland ($245k), Germany ($104k), and Slovenia ($57.1k).

COMPANIES In 2023, leading companies such as Prime Line Coffee (1) were at the forefront of shipping Animal Fat from Italy to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Italy's Animal Fat exports accounted up to €1.99M and imports accounted up to €1.18M, resulting in a positive trade balance of €815k. Between October 2023 and October 2024 the exports of Italy's   Animal Fat have increased by €633k (46.6%) from €1.36M to €1.99M, while imports increased by €338k (40.3%) from €839k to €1.18M.

Destinations In October 2024, Animal Fat were exported mostly to France (€841k), Belgium (€595k), Spain (€344k), Germany (€48.3k), and Austria (€40.1k), and were imported mostly from Spain (€461k), Austria (€253k), Poland (€135k), Germany (€83.8k), and France (€66.3k).

Growth In October 2024, the increase in Animal Fat's year-by-year exports was explained primarily by an increase in exports to France (€437k or 53.9%), Spain (€191k or 314%), and Netherlands (€128k or 4.39k%). In October 2024, the increase in Animal Fat's year-by-year imports was explained primarily by an increase in imports from Poland (€14.5k or 68.9%), Germany (€12k or 276%), and France (€2 or 3.23%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€633k(46.6%)
IMPORT GROWTH (October 2023 - October 2024)€338k(40.3%)
MAIN DESTINATION (October 2024)France€841k

This section shows Animal Fat's exports and imports data at subnational level for Italy. 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 (2023)$53.1M
IMPORTS (2023)$8.24M
NET TRADE (2023)$44.9M

In 2023, Italy exported $53.1M in Animal Fat. The main destinations of Italy exports on Animal Fat were France ($13.2M), Belgium ($12.7M), Romania ($4.97M), Czechia ($3.98M), and Hungary ($2.32M).

In 2023, Italy imported $8.24M in Animal Fat, mainly from Spain ($2.97M), Austria ($2.54M), Hungary ($703k), Germany ($459k), and Netherlands ($450k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Animal Fat EXPORT MARKETS FOR Italy WERE (2022 - 2023):
Hungary$617k (36.2%)
Spain$443k (41.7%)
Slovenia$392k (223%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Fat BY Italy WERE (2022 - 2023):
Austria-$2.35M (-50.6%)
Bulgaria-$825k (-29.2%)
France-$569k (-4.15%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Animal Fat were:
Spain $186M
Germany $121M
Canada $79.1M
In 2023, Italy's main importing competitors in Animal Fat were:
Philippines $86.9M
Japan $78.5M
Belgium $58.1M

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Trade Value of Animal Fat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $534k
TOP IMPORT POTENTIALGermany+ $627k

Animal Fat’s highest export potential is Germany. With an export gap of $534k.   Animal Fat’s highest import potential is Germany with an import gap of $627k.

See methodology.

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