FB uses the data it can’t find or tell you anything about to successfully sell ad space to third parties targeted back at you.
Let’s make it concrete.
We know FB keeps track of which webpages you visit. We also know they use that data as a way to help target ads. That data isn’t in the data export they give you, as far as I can tell from a brief search.
Is there data coming in about which Instagram profiles you follow and what pics you clicked and liked? Is there other data they keep track of? Undoubtedly.
I’m not surprised nobody knows the answer to what all it might be. But pretending that data is fungible like money is just misdirection.