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151710 (Harmonized System 1992 for 6-digit)

2023
World Trade $2.12BRnk 1376 / 4644
2023
Top Exporter | Top Importer $311M | $184MPoland | United Kingdom
2023
Product Complexity -0.7Rnk 3499 / 4656
2022 - 2023
Export Growth (CAGR) -9.61%Rnk 2655 / 4644
2023
Share of World Trade 0.0094%Rnk 1376 / 4644

About

Overview This page contains the latest trade data of Margarine, except liquid margarine. In 2023, Margarine, except liquid margarine were the world's 1376th most traded product, with a total trade of $2.12B. Between 2022 and 2023 the exports of Margarine, except liquid margarine decreased by -9.61%, from $2.34B to $2.12B. Trade in Margarine, except liquid margarine represent 0.0094% of total world trade.

Margarine, except liquid margarine are a part of Margarine.

Exports In 2023 the top exporters of Margarine, except liquid margarine  were Poland ($311M), Belgium ($234M), Germany ($156M), Netherlands ($108M), and Indonesia ($101M).

Imports In 2023 the top importers of Margarine, except liquid margarine were United Kingdom ($184M), France ($132M), Hungary ($93.6M), Netherlands ($90.5M), and Czechia ($67.1M).

Ranking Margarine, except liquid margarine ranks 3499th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Margarine, except liquid margarine. 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)Poland$311M
Top Destination (2023)United Kingdom$184M

In 2023 Margarine, except liquid margarine were the world's 1376th most traded product (out of 4,644).

In 2023, the top exporters of Margarine, except liquid margarine were Poland ($311M), Belgium ($234M), Germany ($156M), Netherlands ($108M), and Indonesia ($101M).

In 2023, the top importers of Margarine, except liquid margarine were United Kingdom ($184M), France ($132M), Hungary ($93.6M), Netherlands ($90.5M), and Czechia ($67.1M).

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Exporters of Margarine, except liquid margarine (2023)
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Importers of Margarine, except liquid margarine (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)Spain$13.4M
Top Destination Growth (2022 -  2023)Belgium$17.9M

Between 2022 and 2023, the exports of Margarine, except liquid margarine grew the fastest in Spain ($13.4M), Belgium ($9.07M), Austria ($7.6M), Tunisia ($6.69M), and China ($6.46M).

Between 2022 and 2023, the fastest growing importers of Margarine, except liquid margarine were Belgium ($17.9M), Italy ($15.9M), Hungary ($9.58M), Cameroon ($8.83M), and Portugal ($7.2M).

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Exporters of Margarine, except liquid margarine (2022 - 2023)

Importers of Margarine, except liquid margarine (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Margarine, except liquid margarine.

In 2023, market concentration measured using Shannon Entropy, was 5.01. This means that most of the exports of Margarine, except liquid margarine are explained by 32 countries.

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Value of Exports in Margarine, except liquid margarine

Net Trade

TOP NET EXPORTER (2023)Poland$289M
TOP NET IMPORTER (2023)United Kingdom$170M

This map shows which countries export or import more of Margarine, except liquid margarine. Each country is colored based on the difference in exports and imports of Margarine, except liquid margarine during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Margarine, except liquid margarine were Poland ($289M), Belgium ($183M), Indonesia ($95.3M), Germany ($90.6M), and Brazil ($67.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Margarine, except liquid margarine were United Kingdom ($170M), France ($118M), Hungary ($69.9M), Czechia ($61.5M), and Venezuela ($47.6M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Margarine, except liquid margarine.
It is possible to select the main countries that export or import Margarine, except liquid margarine in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Margarine, except liquid margarine 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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