The value of exports of commodity group 15 "Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes" from Vietnam totalled $ 708 million in 2022. Sales of commodity group 15 from Vietnam went up by 70% compared to 2021: exports of commodity group 15 "Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes" went up by $ 293 million (cumulative exports of commodity group 15 from Vietnam amounted $414 million in 2021)
Exports of commodity group 15 "Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes" amounted to 0.19% of total exports from Vietnam (cumulative merchandise exports from Vietnam totalled $ 370 billion in 2022). The share of commodity group 15 in total exports from Vietnam increased by 0.067 p.p. compared to 2021 (it was 0.123% in 2021 and cumulative exports from Vietnam were equal to $ 335 billion).
Exports of commodity group 15 amounted to 99% of total sales of group 15 "Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes" from Vietnam in 2022 (the value of exports of commodity group 15 from Vietnam amounted to $708 million in 2022). The share of exports of commodity group 15 in sales of commodity group 15 from Vietnam lowered by 0 p.p. compared to 2021 (it was 100% in 2021, and exports of commodity group 15 from Vietnam were $414 million).
Where does Vietnam export Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes?
Top export destinations of "Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes" from Vietnam in 2022:
- Cambodia with a share of 20% (145 million US$)
- Malaysia with a share of 18.7% (132 million US$)
- Korea with a share of 16.5% (117 million US$)
- Netherlands with a share of 9.77% (69 million US$)
- Italy with a share of 8.86% (62 million US$)
- USA with a share of 6.1% (43 million US$)
- India with a share of 4.94% (35 million US$)
- Singapore with a share of 3.22% (22 million US$)
- China with a share of 2.53% (17.9 million US$)
- Laos with a share of 2.39% (16.9 million US$)
Exports structure of 15 - Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes - from Vietnam in 2022 represented by the following main commodity groups:
- 23% (166 million US$): 1518 - Animal, vegetable or microbial fats, oils and their fractions; boiled, oxidised, dehydrated or otherwise chemically modified, excluding those of heading no. 1516, inedible mixtures or preparations of fats, oils or their fractions, n.e.c. in chapter 15
- 17.9% (127 million US$): 1507 - Soya-bean oil and its fractions, whether or not refined, but not chemically modified
- 15.3% (108 million US$): 1511 - Palm oil and its fractions, whether or not refined, but not chemically modified
- 14.8% (104 million US$): 1515 - Fixed vegetable or microbial fats and oils n.e.s. in chapter 15 (including jojoba oil) and their fractions, whether or not refined, but not chemically modified
- 12.3% (87 million US$): 1504 - Fats and oils and their fractions, of fish or marine mammals, whether or not refined, but not chemically modified
- 6.05% (42 million US$): 1517 - Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16
- 4% (28 million US$): 1513 - Coconut (copra), palm kernel or babassu oil and fractions thereof, whether or not refined, but not chemically modified
- 3.73% (26 million US$): 1502 - Fats of bovine animals, sheep or goats, other than those of heading 15.03.
- 1.64% (11.6 million US$): 1521 - Vegetable waxes (other than triglycerides), beeswax, other insect waxes and spermaceti, whether or not refined or coloured.
- 0.571% (4.04 million US$): 1516 - Animal, vegetable or microbial fats and oils and their fractions, partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, whether or not refined, but not further prepared
The value of imports of commodity group 15 "Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes" to Vietnam totalled $ 1.68 billion in 2022. Sales of commodity group 15 to Vietnam went up by 22% compared to 2021: imports of commodity group 15 "Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes" went up by $ 314 million (the value of imports of commodity group 15 to Vietnam was equal to $1.36 billion in 2021)
Imports of commodity group 15 "Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes" accounted for 0.469% of total import flow to Vietnam (in 2022, total imports to Vietnam amounted to $ 358 billion). The share of commodity group 15 in total imports to Vietnam increased by 0.055 p.p. compared to 2021 (it was 0.413% in 2021 and cumulative imports to Vietnam were equal to $ 330 billion).
Where does Vietnam import Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes from?
Top trading partners (import of "Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes") of Vietnam in 2022:
- Indonesia with a share of 55% (937 million US$)
- Malaysia with a share of 29% (495 million US$)
- Thailand with a share of 4.93% (82 million US$)
- China with a share of 1.31% (22 million US$)
- Argentina with a share of 1.11% (18.7 million US$)
- Korea - 15.7 million US$
- Chile - 15.1 million US$
- Australia - 12.7 million US$
- Brazil - 11.9 million US$
- India - 10.8 million US$
Imports structure of 15 - Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes - to Vietnam in 2022 represented by the following main commodity groups:
- 74% (1.26 billion US$): 1511 - Palm oil and its fractions, whether or not refined, but not chemically modified
- 6.94% (116 million US$): 1507 - Soya-bean oil and its fractions, whether or not refined, but not chemically modified
- 6.15% (103 million US$): 1516 - Animal, vegetable or microbial fats and oils and their fractions, partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, whether or not refined, but not further prepared
- 4.12% (69 million US$): 1517 - Margarine; edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, other than edible fats or oils or their fractions of heading 15.16
- 1.71% (28 million US$): 1504 - Fats and oils and their fractions, of fish or marine mammals, whether or not refined, but not chemically modified
- 1.13% (19.1 million US$): 1518 - Animal, vegetable or microbial fats, oils and their fractions; boiled, oxidised, dehydrated or otherwise chemically modified, excluding those of heading no. 1516, inedible mixtures or preparations of fats, oils or their fractions, n.e.c. in chapter 15
- 1.03% (17.3 million US$): 1515 - Fixed vegetable or microbial fats and oils n.e.s. in chapter 15 (including jojoba oil) and their fractions, whether or not refined, but not chemically modified
- 0.791% (13.3 million US$): 1514 - Rape, colza or mustard oil and fractions thereof, whether or not refined, but not chemically modified
- 0.691% (11.6 million US$): 1513 - Coconut (copra), palm kernel or babassu oil and fractions thereof, whether or not refined, but not chemically modified
- 0.646% (10.8 million US$): 1512 - Sunflower-seed, safflower or cotton-seed oil and fractions thereof, whether or not refined, but not chemically modified