1945

Animal and vegetable oils, fats and waxes (SITC Section 4)

In 2019, the value (in current US$) of exports of "animal oils and fats" (SITC group 411) increased by 6.4 percent (compared to 5.4 percent average growth rate from 2015-2019) to reach 5.3 bln US$ (see table 2), while imports increased by 5.4 percent to reach 4.9 bln US$ (see table 3). Exports of this commodity accounted for 0.7 percent of world exports of SITC sections 2+4, and less than 0.1 percent of total world merchandise exports (see table 1). USA, Peru and Germany were the top exporters in 2019 (see table 2). They accounted for 15.5, 7.9 and 7.5 percent of world exports, respectively. China, Norway and USA were the top destinations, with respectively 9.7, 8.8 and 7.2 percent of world imports (see table 3).

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