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Food industries, residues and wastes thereof; prepared animal fodder

23 (Harmonized System 1992 for 2-digit)

2023
World Trade $114BRnk 34 / 96
2023
Top Exporter | Top Importer $16.6B | $7.66BUnited States | China
2023
Product Complexity -0.56Rnk 66 / 96
2022 - 2023
Export Growth (CAGR) -2.26%Rnk 32 / 96
2023
Share of World Trade 0.5%Rnk 34 / 96

About

Overview This page contains the latest trade data of Food residues & wastes; animal fodder. In 2023, Food residues & wastes; animal fodder were the world's 34th most traded product, with a total trade of $114B. Between 2022 and 2023 the exports of Food residues & wastes; animal fodder decreased by -2.26%, from $116B to $114B. Trade in Food residues & wastes; animal fodder represent 0.5% of total world trade.

Food residues & wastes; animal fodder are a part of Foodstuffs. They include Soybean Meal, Animal Food, Animal Meal and Pellets, Other Vegetable Residues, Starch Residue, Bran, Other Vegetable Residues and Waste, Ground Nut Meal, and Wine Lees.

Exports In 2023 the top exporters of Food residues & wastes; animal fodder  were United States ($16.6B), Brazil ($12.5B), Argentina ($9.69B), Germany ($6.91B), and Netherlands ($6.15B).

Imports In 2023 the top importers of Food residues & wastes; animal fodder were China ($7.66B), Germany ($5.72B), United States ($5.13B), Vietnam ($4.31B), and Netherlands ($4.28B).

Ranking Food residues & wastes; animal fodder ranks 66th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Food residues & wastes; animal fodder. 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)United States$16.6B
Top Destination (2023)China$7.66B

In 2023 Food residues & wastes; animal fodder were the world's 34th most traded product (out of 96).

In 2023, the top exporters of Food residues & wastes; animal fodder were United States ($16.6B), Brazil ($12.5B), Argentina ($9.69B), Germany ($6.91B), and Netherlands ($6.15B).

In 2023, the top importers of Food residues & wastes; animal fodder were China ($7.66B), Germany ($5.72B), United States ($5.13B), Vietnam ($4.31B), and Netherlands ($4.28B).

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Exporters of Food residues & wastes; animal fodder (2023)
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Importers of Food residues & wastes; animal fodder (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Brazil$1.05B
Top Destination Growth (2022 -  2023)Poland$471M

Between 2022 and 2023, the exports of Food residues & wastes; animal fodder grew the fastest in Brazil ($1.05B), United States ($977M), India ($954M), Poland ($465M), and Germany ($388M).

Between 2022 and 2023, the fastest growing importers of Food residues & wastes; animal fodder were Poland ($471M), China ($336M), Thailand ($303M), Bangladesh ($266M), and Turkey ($242M).

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Exporters of Food residues & wastes; animal fodder (2022 - 2023)

Importers of Food residues & wastes; animal fodder (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Food residues & wastes; animal fodder.

In 2023, market concentration measured using Shannon Entropy, was 4.99. This means that most of the exports of Food residues & wastes; animal fodder are explained by 31 countries.

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Value of Exports in Food residues & wastes; animal fodder

Net Trade

TOP NET EXPORTER (2023)Brazil$12.1B
TOP NET IMPORTER (2023)China$3.7B

This map shows which countries export or import more of Food residues & wastes; animal fodder. Each country is colored based on the difference in exports and imports of Food residues & wastes; animal fodder during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Food residues & wastes; animal fodder were Brazil ($12.1B), United States ($11.5B), Argentina ($9.52B), India ($2.54B), and Netherlands ($1.86B).

In 2023, the countries that had a largest trade value in imports than in exports of Food residues & wastes; animal fodder were China ($3.7B), Vietnam ($3.2B), Japan ($3.11B), United Kingdom ($2.59B), and South Korea ($2.31B).

Net Trade (2023)

Disaggregation

Value
Disaggregation

In 2023, the world most traded Food residues & wastes; animal fodder, disaggragated by their HS6 level were Animal Food ($44.2B), Soybean Meal ($35.3B), Other Vegetable Residues ($12.3B), Animal Meal and Pellets ($9.59B), and Starch Residue ($7.15B)

HS6 Disaggregation for Food residues & wastes; animal fodder (2023)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Food residues & wastes; animal fodder.
It is possible to select the main countries that export or import Food residues & wastes; animal fodder in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Food residues & wastes; animal fodder by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited Kingdom+ $66.7M
TOP IMPORT POTENTIALChina+ $119M

Food residues & wastes; animal fodder’s highest export potential is United Kingdom. With an export gap of $66.7M.  Food residues & wastes; animal fodder’s highest import potential is China with an import gap of $119M.

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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)

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