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150200 (Harmonized System 1992 for 6-digit)

2022
World Trade $3.07BRnk 1141 / 4648
2022
Top Exporter | Top Importer $683M | $1.04BAustralia | United States
2022
Product Complexity -0.63Rnk 3388 / 4653
2021 - 2022
Export Growth (CAGR) 24.2%Rnk 602 / 4648
2022
Share of World Trade 0.013%Rnk 1141 / 4648

About

Overview This page contains the latest trade data of Bovine, sheep and goat fats, raw or rendered. In 2022, Bovine, sheep and goat fats, raw or rendered were the world's 1141st most traded product, with a total trade of $3.07B. Between 2021 and 2022 the exports of Bovine, sheep and goat fats, raw or rendered grew by 24.2%, from $2.47B to $3.07B. Trade in Bovine, sheep and goat fats, raw or rendered represent 0.013% of total world trade.

Bovine, sheep and goat fats, raw or rendered are a part of Bovine, Sheep, and Goat Fat.

Exports In 2022 the top exporters of Bovine, sheep and goat fats, raw or rendered  were Australia ($683M), Canada ($450M), United States ($393M), France ($217M), and New Zealand ($176M).

Imports In 2022 the top importers of Bovine, sheep and goat fats, raw or rendered were United States ($1.04B), Singapore ($575M), Netherlands ($225M), Belgium ($183M), and Malaysia ($156M).

Ranking Bovine, sheep and goat fats, raw or rendered ranks 3388th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Bovine, sheep and goat fats, raw or rendered. 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)Australia$683M
Top Destination (2022)United States$1.04B

In 2022 Bovine, sheep and goat fats, raw or rendered were the world's 1141st most traded product (out of 4,648).

In 2022, the top exporters of Bovine, sheep and goat fats, raw or rendered were Australia ($683M), Canada ($450M), United States ($393M), France ($217M), and New Zealand ($176M).

In 2022, the top importers of Bovine, sheep and goat fats, raw or rendered were United States ($1.04B), Singapore ($575M), Netherlands ($225M), Belgium ($183M), and Malaysia ($156M).

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Exporters of Bovine, sheep and goat fats, raw or rendered (2022)
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Importers of Bovine, sheep and goat fats, raw or rendered (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Australia$214M
Top Destination Growth (2021 -  2022)United States$556M

Between 2021 and 2022, the exports of Bovine, sheep and goat fats, raw or rendered grew the fastest in Australia ($214M), Canada ($147M), Brazil ($100M), Malaysia ($87.2M), and India ($53M).

Between 2021 and 2022, the fastest growing importers of Bovine, sheep and goat fats, raw or rendered were United States ($556M), Malaysia ($119M), Belgium ($43.7M), Canada ($23.4M), and Brazil ($20.9M).

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Exporters of Bovine, sheep and goat fats, raw or rendered (2021 - 2022)

Importers of Bovine, sheep and goat fats, raw or rendered (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bovine, sheep and goat fats, raw or rendered.

In 2022, market concentration measured using Shannon Entropy, was 3.89. This means that most of the exports of Bovine, sheep and goat fats, raw or rendered are explained by 14 countries.

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Value of Exports in Bovine, sheep and goat fats, raw or rendered

Net Trade

TOP NET EXPORTER (2022)Australia$683M
TOP NET IMPORTER (2022)United States$650M

This map shows which countries export or import more of Bovine, sheep and goat fats, raw or rendered. Each country is colored based on the difference in exports and imports of Bovine, sheep and goat fats, raw or rendered during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Bovine, sheep and goat fats, raw or rendered were Australia ($683M), Canada ($343M), France ($202M), New Zealand ($174M), and India ($97.8M).

In 2022, the countries that had a largest trade value in imports than in exports of Bovine, sheep and goat fats, raw or rendered were United States ($650M), Singapore ($575M), Netherlands ($170M), Belgium ($148M), and Mexico ($148M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Bovine, sheep and goat fats, raw or rendered.
It is possible to select the main countries that export or import Bovine, sheep and goat fats, raw or rendered in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Bovine, sheep and goat fats, raw or rendered by percentage of total exports

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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