2023
Exports
$1.14MWorld Rnk 33 / 77
Flag Rnk 955 / 1212
2023
PRODUCT COMPLEXITY IN Animal Fat
0.44Rnk 389 / 1025
2023
Imports
$367kWorld Rnk 78 / 162
Flag Rnk 1140 / 1212
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $1.14M in Animal Fat, making it the 33rd largest exporter of Animal Fat in the world. At the same year, Animal Fat was the 955th most exported product in Thailand. The main destination of Animal Fat exports from Thailand are: Japan ($756k), Malaysia ($312k), Vietnam ($48.9k), Cambodia ($19.8k), and Singapore ($4.75k).

The fastest growing export markets for Animal Fat of Thailand between 2022 and 2023 were Japan ($64.8k), Vietnam ($48.9k), and Cambodia ($19.8k).

Imports In 2023, Thailand imported $367k in Animal Fat, becoming the 78th largest importer of Animal Fat in the world. At the same year, Animal Fat was the 1140th most imported product in Thailand. Thailand imports Animal Fat primarily from: Netherlands ($217k), Germany ($68.7k), Denmark ($45.4k), Spain ($25.6k), and Portugal ($7.81k).

The fastest growing import markets in Animal Fat for Thailand between 2022 and 2023 were Portugal ($7.81k) and Brazil ($64).

Latest Trends

Dec 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 (2023)$1.14M
IMPORTS (2023)$367k
NET TRADE (2023)$777k

In 2023, Thailand exported $1.14M in Animal Fat. The main destinations of Thailand exports on Animal Fat were Japan ($756k), Malaysia ($312k), Vietnam ($48.9k), Cambodia ($19.8k), and Singapore ($4.75k).

In 2023, Thailand imported $367k in Animal Fat, mainly from Netherlands ($217k), Germany ($68.7k), Denmark ($45.4k), Spain ($25.6k), and Portugal ($7.81k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Animal Fat EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
Japan$64.8k (9.37%)
Vietnam$48.9k (1%)
Cambodia$19.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Fat BY Thailand WERE (2022 - 2023):
Malaysia-$256k (-45.1%)
Sweden-$2.57k (-100%)
Hong Kong-$9 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Thailand's main exporting competitors in Animal Fat were:
Spain $186M
Canada $79.1M
In 2023, Thailand's 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 POTENTIALJapan+ $40.5k
TOP IMPORT POTENTIALGermany+ $115k

Animal Fat’s highest export potential is Japan. With an export gap of $40.5k.   Animal Fat’s highest import potential is Germany with an import gap of $115k.

See methodology.

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