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Edible mix & preparations of animal & veg fat, oil ne

151790 (Harmonized System 1992 for 6-digit)

2023
World Trade $6.19BRnk 586 / 4644
2023
Top Exporter | Top Importer $1.51B | $1.07BIndonesia | China
2023
Product Complexity -0.96Rnk 3776 / 4656
2022 - 2023
Export Growth (CAGR) -13.4%Rnk 3087 / 4644
2023
Share of World Trade 0.027%Rnk 586 / 4644

About

Overview This page contains the latest trade data of Edible mix & preparations of animal & veg fat, oil ne. In 2023, Edible mix & preparations of animal & veg fat, oil ne were the world's 586th most traded product, with a total trade of $6.19B. Between 2022 and 2023 the exports of Edible mix & preparations of animal & veg fat, oil ne decreased by -13.4%, from $7.15B to $6.19B. Trade in Edible mix & preparations of animal & veg fat, oil ne represent 0.027% of total world trade.

Edible mix & preparations of animal & veg fat, oil ne are a part of Margarine.

Exports In 2023 the top exporters of Edible mix & preparations of animal & veg fat, oil ne  were Indonesia ($1.51B), Belgium ($580M), Netherlands ($574M), Malaysia ($486M), and United States ($357M).

Imports In 2023 the top importers of Edible mix & preparations of animal & veg fat, oil ne were China ($1.07B), France ($389M), Germany ($345M), Netherlands ($315M), and United States ($280M).

Ranking Edible mix & preparations of animal & veg fat, oil ne ranks 3776th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Edible mix & preparations of animal & veg fat, oil ne. 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 (2023)Indonesia$1.51B
Top Destination (2023)China$1.07B

In 2023 Edible mix & preparations of animal & veg fat, oil ne were the world's 586th most traded product (out of 4,644).

In 2023, the top exporters of Edible mix & preparations of animal & veg fat, oil ne were Indonesia ($1.51B), Belgium ($580M), Netherlands ($574M), Malaysia ($486M), and United States ($357M).

In 2023, the top importers of Edible mix & preparations of animal & veg fat, oil ne were China ($1.07B), France ($389M), Germany ($345M), Netherlands ($315M), and United States ($280M).

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Exporters of Edible mix & preparations of animal & veg fat, oil ne (2023)
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Importers of Edible mix & preparations of animal & veg fat, oil ne (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Belgium$52.2M
Top Destination Growth (2022 -  2023)Guatemala$35.6M

Between 2022 and 2023, the exports of Edible mix & preparations of animal & veg fat, oil ne grew the fastest in Belgium ($52.2M), Mexico ($42.9M), Spain ($26M), Poland ($15.1M), and New Zealand ($12.2M).

Between 2022 and 2023, the fastest growing importers of Edible mix & preparations of animal & veg fat, oil ne were Guatemala ($35.6M), Ireland ($26.2M), Japan ($16.2M), Germany ($16.1M), and Malaysia ($15.1M).

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Exporters of Edible mix & preparations of animal & veg fat, oil ne (2022 - 2023)

Importers of Edible mix & preparations of animal & veg fat, oil ne (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Edible mix & preparations of animal & veg fat, oil ne.

In 2023, market concentration measured using Shannon Entropy, was 4.29. This means that most of the exports of Edible mix & preparations of animal & veg fat, oil ne are explained by 19 countries.

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Value of Exports in Edible mix & preparations of animal & veg fat, oil ne

Net Trade

TOP NET EXPORTER (2023)Indonesia$1.47B
TOP NET IMPORTER (2023)China$1.03B

This map shows which countries export or import more of Edible mix & preparations of animal & veg fat, oil ne. Each country is colored based on the difference in exports and imports of Edible mix & preparations of animal & veg fat, oil ne during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Edible mix & preparations of animal & veg fat, oil ne were Indonesia ($1.47B), Belgium ($502M), Malaysia ($442M), Netherlands ($259M), and Sweden ($229M).

In 2023, the countries that had a largest trade value in imports than in exports of Edible mix & preparations of animal & veg fat, oil ne were China ($1.03B), France ($323M), Poland ($156M), Ireland ($151M), and Brazil ($138M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Edible mix & preparations of animal & veg fat, oil ne.
It is possible to select the main countries that export or import Edible mix & preparations of animal & veg fat, oil ne in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Edible mix & preparations of animal & veg fat, oil ne 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 (2023)

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