Extracts and juices of meat, fish or crustaceans, molluscs or other aquatic invertebrates

1603 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Animal Extracts. In 2023, Animal Extracts were the world's 1129th most traded product, with a total trade of $224M. Between 2022 and 2023 the exports of Animal Extracts decreased by -10.9%, from $251M to $224M. Trade in Animal Extracts represent 0.00099% of total world trade.

Animal Extracts are a part of Preparations of fish, crustacenas, & molluscs. They include Extracts, juices of meat, fish, aquatic invertebrates.

Exports In 2023 the top exporters of Animal Extracts  were China ($21.8M), Italy ($20.7M), New Zealand ($19.8M), France ($19.7M), and Thailand ($18.9M).

Imports In 2023 the top importers of Animal Extracts were Japan ($36.8M), Hong Kong ($23.6M), United States ($19.9M), Germany ($16.3M), and France ($10.3M).

Latest Data

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The following visualization shows the latest trends on Animal Extracts. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$21.8M
Top Destination (2023)Japan$36.8M

In 2023 Animal Extracts were the world's 1129th most traded product (out of 1,217).

In 2023, the top exporters of Animal Extracts were China ($21.8M), Italy ($20.7M), New Zealand ($19.8M), France ($19.7M), and Thailand ($18.9M).

In 2023, the top importers of Animal Extracts were Japan ($36.8M), Hong Kong ($23.6M), United States ($19.9M), Germany ($16.3M), and France ($10.3M).

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Exporters of Animal Extracts (2023)
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Importers of Animal Extracts (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Italy$7.16M
Top Destination Growth (2022 -  2023)France$4.26M

Between 2022 and 2023, the exports of Animal Extracts grew the fastest in Italy ($7.16M), Thailand ($3.11M), Singapore ($2M), Chinese Taipei ($1.61M), and France ($1.02M).

Between 2022 and 2023, the fastest growing importers of Animal Extracts were France ($4.26M), New Zealand ($2.99M), Malaysia ($2.82M), Japan ($2.47M), and Saudi Arabia ($1.58M).

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Exporters of Animal Extracts (2022 - 2023)

Importers of Animal Extracts (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Animal Extracts.

In 2023, market concentration measured using Shannon Entropy, was 4.45. This means that most of the exports of Animal Extracts are explained by 21 countries.

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Value of Exports in Animal Extracts

Net Trade

TOP NET EXPORTER (2023)China$20.4M
TOP NET IMPORTER (2023)Japan$33.1M

This map shows which countries export or import more of Animal Extracts. Each country is colored based on the difference in exports and imports of Animal Extracts during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Animal Extracts were China ($20.4M), Thailand ($17.9M), Italy ($15.8M), Brazil ($11.3M), and New Zealand ($11.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Animal Extracts were Japan ($33.1M), Hong Kong ($19.4M), Germany ($13.7M), Singapore ($6.69M), and United Kingdom ($4.67M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Animal Extracts.
It is possible to select the main countries that export or import Animal Extracts in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Animal Extracts by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $273k
TOP IMPORT POTENTIALFrance+ $234k

Animal Extracts’s highest export potential is United States. With an export gap of $273k.  Animal Extracts’s highest import potential is France with an import gap of $234k.

See methodology.

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Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

Country by Relatedness

The following visualization shows the relatedness of Animal Extracts to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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