2022
Exports
$40.7MWorld Rnk 5 / 82
Flag Rnk 113 / 1168
2022
PRODUCT COMPLEXITY IN Other Animal Fats
0.58Rnk 329 / 1025
2022
Imports
$2.04MWorld Rnk 25 / 154
Flag Rnk 813 / 1202
2022
ECONOMIC COMPLEXITY of New Zealand
0.46Rnk 45 / 133

About

Exports In 2022, New Zealand exported $40.7M in Other Animal Fats, making it the 5th largest exporter of Other Animal Fats in the world. At the same year, Other Animal Fats was the 113th most exported product in New Zealand. The main destination of Other Animal Fats exports from New Zealand are: United States ($22.7M), Singapore ($4.38M), China ($3.35M), Australia ($2.93M), and Canada ($2.18M).

The fastest growing export markets for Other Animal Fats of New Zealand between 2021 and 2022 were United States ($17.2M), Australia ($2.93M), and China ($1.25M).

Imports In 2022, New Zealand imported $2.04M in Other Animal Fats, becoming the 25th largest importer of Other Animal Fats in the world. At the same year, Other Animal Fats was the 813th most imported product in New Zealand. New Zealand imports Other Animal Fats primarily from: Australia ($1.72M), United States ($305k), Italy ($9.97k), United Kingdom ($2.67k), and China ($1.27k).

The fastest growing import markets in Other Animal Fats for New Zealand between 2021 and 2022 were Australia ($856k), United States ($59.8k), and Italy ($9.97k).

Latest Trends

Sep 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 Other Animal Fats. 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)$40.7M
IMPORTS (2022)$2.04M
NET TRADE (2022)$38.7M

In 2022, New Zealand exported $40.7M in Other Animal Fats. The main destinations of New Zealand exports on Other Animal Fats were United States ($22.7M), Singapore ($4.38M), China ($3.35M), Australia ($2.93M), and Canada ($2.18M).

In 2022, New Zealand imported $2.04M in Other Animal Fats, mainly from Australia ($1.72M), United States ($305k), Italy ($9.97k), United Kingdom ($2.67k), and China ($1.27k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Animal Fats EXPORT MARKETS FOR New Zealand WERE (2021 - 2022):
United States$17.2M (313%)
Australia$2.93M (163k%)
China$1.25M (59.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Animal Fats BY New Zealand WERE (2021 - 2022):
Canada-$9.79M (-81.8%)
Germany-$2.12M (-70.2%)
South Korea-$1.36M (-54%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, New Zealand's main exporting competitors in Other Animal Fats were:
In 2022, New Zealand's main importing competitors in Other Animal Fats were:

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Trade Value of Other Animal Fats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $227k
TOP IMPORT POTENTIALItaly+ $12.1k

Other Animal Fats’s highest export potential is Germany. With an export gap of $227k.   Other Animal Fats’s highest import potential is Italy with an import gap of $12.1k.

See methodology.

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