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Food industries, residues and wastes thereof; prepared animal fodder

23 (Harmonized System 1992 for 2-digit)

2022
World Trade $114BRnk 36 / 96
2022
Top Exporter | Top Importer $14.9B | $7.14BUnited States | China
2022
Product Complexity -0.64Rnk 68 / 96
2021 - 2022
Export Growth (CAGR) 13.6%Rnk 23 / 96
2022
Share of World Trade 0.48%Rnk 36 / 96

About

Overview This page contains the latest trade data of Food residues & wastes; animal fodder. In 2022, Food residues & wastes; animal fodder were the world's 36th most traded product, with a total trade of $114B. Between 2021 and 2022 the exports of Food residues & wastes; animal fodder grew by 13.6%, from $100B to $114B. Trade in Food residues & wastes; animal fodder represent 0.48% of total world trade.

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

Exports In 2022 the top exporters of Food residues & wastes; animal fodder  were United States ($14.9B), Argentina ($13.4B), Brazil ($11.4B), Germany ($7.06B), and Netherlands ($6.5B).

Imports In 2022 the top importers of Food residues & wastes; animal fodder were China ($7.14B), Germany ($6.32B), United States ($5.35B), Netherlands ($5.03B), and Vietnam ($4.84B).

Ranking Food residues & wastes; animal fodder ranks 68th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

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 (2022)United States$14.9B
Top Destination (2022)China$7.14B

In 2022 Food residues & wastes; animal fodder were the world's 36th most traded product (out of 96).

In 2022, the top exporters of Food residues & wastes; animal fodder were United States ($14.9B), Argentina ($13.4B), Brazil ($11.4B), Germany ($7.06B), and Netherlands ($6.5B).

In 2022, the top importers of Food residues & wastes; animal fodder were China ($7.14B), Germany ($6.32B), United States ($5.35B), Netherlands ($5.03B), and Vietnam ($4.84B).

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Exporters of Food residues & wastes; animal fodder (2022)
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Importers of Food residues & wastes; animal fodder (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Argentina$3.63B
Top Destination Growth (2021 -  2022)China$1.3B

Between 2021 and 2022, the exports of Food residues & wastes; animal fodder grew the fastest in Argentina ($3.63B), Brazil ($3.21B), United States ($1.34B), Indonesia ($1.13B), and Thailand ($580M).

Between 2021 and 2022, the fastest growing importers of Food residues & wastes; animal fodder were China ($1.3B), Germany ($774M), United States ($729M), Vietnam ($696M), and Indonesia ($626M).

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Exporters of Food residues & wastes; animal fodder (2021 - 2022)

Importers of Food residues & wastes; animal fodder (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.98. 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 (2022)Argentina$13.3B
TOP NET IMPORTER (2022)Vietnam$3.69B

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Food residues & wastes; animal fodder were Argentina ($13.3B), Brazil ($11.1B), United States ($9.5B), Peru ($1.49B), and Netherlands ($1.47B).

In 2022, the countries that had a largest trade value in imports than in exports of Food residues & wastes; animal fodder were Vietnam ($3.69B), China ($2.98B), Japan ($2.82B), South Korea ($2.58B), and United Kingdom ($2.07B).

Net Trade (2022)

Disaggregation

Value
Disaggregation

In 2022, the world most traded Food residues & wastes; animal fodder, disaggragated by their HS6 level were Animal Food ($44.5B), Soybean Meal ($36.3B), Other Vegetable Residues ($11.2B), Animal Meal and Pellets ($9.2B), and Starch Residue ($7.34B)

HS6 Disaggregation for Food residues & wastes; animal fodder (2022)
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Country Comparison

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Measure
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 (2022)

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