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Pricing

2022
Exports $518kWorld Rnk 39 / 71
Flag Rnk 1195 / 1216
2022
Destination $132k Mauritius
2021 - 2022
FASTEST GROWING MARKET $132kMauritius
2022
PRODUCT COMPLEXITY IN Animal Fat0.41Rnk 403 / 1025
2022
Imports $25.2MWorld Rnk 9 / 154
Flag Rnk 893 / 1212
2022
Origin $665k Spain
2021 - 2022
FASTEST GROWING ORIGIN $665kMexico
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $518k in Animal Fat, making it the 39th largest exporter of Animal Fat in the world. At the same year, Animal Fat was the 1195th most exported product in China. The main destination of Animal Fat exports from China are: Mauritius ($132k), Italy ($119k), Macau ($93.9k), Malaysia ($78.9k), and Mongolia ($52.5k).

The fastest growing export markets for Animal Fat of China between 2021 and 2022 were Mauritius ($132k), Malaysia ($77.9k), and Macau ($58.4k).

Imports In 2022, China imported $25.2M in Animal Fat, becoming the 9th largest importer of Animal Fat in the world. At the same year, Animal Fat was the 893rd most imported product in China. China imports Animal Fat primarily from: Spain ($8.76M), Chile ($5.93M), Netherlands ($4.09M), Denmark ($3.21M), and France ($1.62M).

The fastest growing import markets in Animal Fat for China between 2021 and 2022 were Mexico ($665k) and Germany ($51.1k).

Latest Trends

June 2024

About

Overview In June 2024 China's Animal Fat exports accounted up to $39.3k and imports accounted up to $1.84M, resulting in a negative trade balance of $1.8M. Between December 2022 and June 2024 the exports of China's   Animal Fat have decreased by $-15k (-27.6%) from $54.3k to $39.3k, while imports increased by $1.1M (150%) from $736k to $1.84M.

Destinations In June 2024, Animal Fat were exported mostly to , and were imported mostly from Chile ($895k), United States ($436k), Spain ($368k), Brazil ($77k), and France ($60k).

Growth In June 2024, the decrease in Animal Fat's year-by-year exports was explained primarily by a decrease in exports to . In July 2024, the increase in Animal Fat's year-by-year imports was explained primarily by an increase in imports from Chile ($153k or 44.4%), Denmark ($66.2k or 690%), and France ($21k or 52.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2022 - June 2024)$-15k(-27.6%)
IMPORT GROWTH (July 2023 - July 2024)$1.1M(150%)
MAIN EXPORTER (June 2024)Inner Mongolia Autonomous Region$33.4k
MAIN DESTINATION (June 2024)

This section shows Animal Fat's exports and imports data at subnational level for China. 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)$518k
IMPORTS (2022)$25.2M
NET TRADE (2022)-$24.7M

In 2022, China exported $518k in Animal Fat. The main destinations of China exports on Animal Fat were Mauritius ($132k), Italy ($119k), Macau ($93.9k), Malaysia ($78.9k), and Mongolia ($52.5k).

In 2022, China imported $25.2M in Animal Fat, mainly from Spain ($8.76M), Chile ($5.93M), Netherlands ($4.09M), Denmark ($3.21M), and France ($1.62M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal Fat EXPORT MARKETS FOR China WERE (2021 - 2022):
Mauritius$132k (1%)
Malaysia$77.9k (8.17k%)
Macau$58.4k (164%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Fat BY China WERE (2021 - 2022):
Denmark-$428k (-100%)
Netherlands-$86.3k (-100%)
New Zealand-$1.3k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Animal Fat were:
Spain $162M
Germany $140M
Canada $92.6M
In 2022, China's main importing competitors in Animal Fat were:
Philippines $76.1M
Japan $59.2M
Belgium $51.3M

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Trade Value of Animal Fat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $22k
TOP IMPORT POTENTIALFrance+ $604k

Animal Fat’s highest export potential is Italy. With an export gap of $22k.   Animal Fat’s highest import potential is France with an import gap of $604k.

See methodology.

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