2022
Exports
$37.2MWorld Rnk 7 / 71
Flag Rnk 905 / 1217
2022
PRODUCT COMPLEXITY IN Animal Fat
0.41Rnk 403 / 1025
2022
Imports
$15.5MWorld Rnk 20 / 154
Flag Rnk 1093 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $37.2M in Animal Fat, making it the 7th largest exporter of Animal Fat in the world. At the same year, Animal Fat was the 905th most exported product in United States. The main destination of Animal Fat exports from United States are: Mexico ($19.2M), South Korea ($6.78M), Dominican Republic ($3.13M), Aruba ($2.1M), and Chile ($1.68M).

The fastest growing export markets for Animal Fat of United States between 2021 and 2022 were Mexico ($1.56M), Japan ($583k), and Panama ($332k).

Imports In 2022, United States imported $15.5M in Animal Fat, becoming the 20th largest importer of Animal Fat in the world. At the same year, Animal Fat was the 1093rd most imported product in United States. United States imports Animal Fat primarily from: Canada ($14.8M), Spain ($612k), Mexico ($71.2k), Chile ($31.9k), and Denmark ($3.58k).

The fastest growing import markets in Animal Fat for United States between 2021 and 2022 were Chile ($31.9k) and Angola ($1).

COMPANIES In 2023, leading companies such as Lineage Cold Storage (1), Goya Foods (1), and Prime Line Coffee (1) were at the forefront of shipping Animal Fat to the United States.

Latest Trends

July 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)$910k(37.2%)
IMPORT GROWTH (July 2023 - July 2024)$1.39k(0.11%)
MAIN EXPORTER (July 2024)Texas$1.52M
MAIN DESTINATION (July 2024)Mexico$2.03M

This section shows Animal Fat's exports and imports data at subnational level for United States. 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)$37.2M
IMPORTS (2022)$15.5M
NET TRADE (2022)$21.7M

In 2022, United States exported $37.2M in Animal Fat. The main destinations of United States exports on Animal Fat were Mexico ($19.2M), South Korea ($6.78M), Dominican Republic ($3.13M), Aruba ($2.1M), and Chile ($1.68M).

In 2022, United States imported $15.5M in Animal Fat, mainly from Canada ($14.8M), Spain ($612k), Mexico ($71.2k), Chile ($31.9k), and Denmark ($3.58k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal Fat EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$1.56M (8.88%)
Japan$583k (101%)
Panama$332k (95.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Fat BY United States WERE (2021 - 2022):
China-$10.8M (-99.6%)
Colombia-$1.64M (-91.1%)
Dominican Republic-$1.17M (-27.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Animal Fat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $645k
TOP IMPORT POTENTIALCanada+ $1.59M

Animal Fat’s highest export potential is Japan. With an export gap of $645k.   Animal Fat’s highest import potential is Canada with an import gap of $1.59M.

See methodology.

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