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121410 (Harmonized System 1992 for 6-digit)

2023
World Trade $483MRnk 2892 / 4644
2023
Top Exporter | Top Importer $82.5M | $143MSpain | United Arab Emirates
2023
Product Complexity -1.05Rnk 3863 / 4656
2022 - 2023
Export Growth (CAGR) -14.4%Rnk 3174 / 4644
2023
Share of World Trade 0.0021%Rnk 2892 / 4644

About

Overview This page contains the latest trade data of Lucerne (alfalfa) meal and pellets. In 2023, Lucerne (alfalfa) meal and pellets were the world's 2892nd most traded product, with a total trade of $483M. Between 2022 and 2023 the exports of Lucerne (alfalfa) meal and pellets decreased by -14.4%, from $565M to $483M. Trade in Lucerne (alfalfa) meal and pellets represent 0.0021% of total world trade.

Lucerne (alfalfa) meal and pellets are a part of Forage Crops.

Exports In 2023 the top exporters of Lucerne (alfalfa) meal and pellets  were Spain ($82.5M), Italy ($68.1M), France ($50.7M), United States ($46.1M), and Romania ($44M).

Imports In 2023 the top importers of Lucerne (alfalfa) meal and pellets were United Arab Emirates ($143M), United States ($37.2M), Japan ($26.9M), Saudi Arabia ($25.6M), and Qatar ($22.7M).

Ranking Lucerne (alfalfa) meal and pellets ranks 3863rd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Lucerne (alfalfa) meal and pellets. 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)Spain$82.5M
Top Destination (2023)United Arab Emirates$143M

In 2023 Lucerne (alfalfa) meal and pellets were the world's 2892nd most traded product (out of 4,644).

In 2023, the top exporters of Lucerne (alfalfa) meal and pellets were Spain ($82.5M), Italy ($68.1M), France ($50.7M), United States ($46.1M), and Romania ($44M).

In 2023, the top importers of Lucerne (alfalfa) meal and pellets were United Arab Emirates ($143M), United States ($37.2M), Japan ($26.9M), Saudi Arabia ($25.6M), and Qatar ($22.7M).

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Exporters of Lucerne (alfalfa) meal and pellets (2023)
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Importers of Lucerne (alfalfa) meal and pellets (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$14.8M
Top Destination Growth (2022 -  2023)Kuwait$12.3M

Between 2022 and 2023, the exports of Lucerne (alfalfa) meal and pellets grew the fastest in United States ($14.8M), Egypt ($13.4M), Iraq ($12.7M), South Sudan ($12.5M), and Romania ($7.89M).

Between 2022 and 2023, the fastest growing importers of Lucerne (alfalfa) meal and pellets were Kuwait ($12.3M), United States ($10M), Lebanon ($6.07M), Oman ($4.57M), and Qatar ($2.63M).

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Exporters of Lucerne (alfalfa) meal and pellets (2022 - 2023)

Importers of Lucerne (alfalfa) meal and pellets (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Lucerne (alfalfa) meal and pellets.

In 2023, market concentration measured using Shannon Entropy, was 3.83. This means that most of the exports of Lucerne (alfalfa) meal and pellets are explained by 14 countries.

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Value of Exports in Lucerne (alfalfa) meal and pellets

Net Trade

TOP NET EXPORTER (2023)Spain$82.1M
TOP NET IMPORTER (2023)United Arab Emirates$141M

This map shows which countries export or import more of Lucerne (alfalfa) meal and pellets. Each country is colored based on the difference in exports and imports of Lucerne (alfalfa) meal and pellets during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Lucerne (alfalfa) meal and pellets were Spain ($82.1M), Italy ($67.5M), France ($44M), Romania ($43.6M), and South Africa ($36.7M).

In 2023, the countries that had a largest trade value in imports than in exports of Lucerne (alfalfa) meal and pellets were United Arab Emirates ($141M), Saudi Arabia ($25.3M), Kuwait ($17.7M), Germany ($16.6M), and Jordan ($12.4M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Lucerne (alfalfa) meal and pellets.
It is possible to select the main countries that export or import Lucerne (alfalfa) meal and pellets in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Lucerne (alfalfa) meal and pellets 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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