Pig fat (including lard) and poultry fat, other than that of heading 0209 or 1503

1501 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Pig and Poultry Fat. In 2021, Pig and Poultry Fat were the world's 911th most traded product, with a total trade of $1.11B. Between 2020 and 2021 the exports of Pig and Poultry Fat grew by 44.4%, from $772M to $1.11B. Trade in Pig and Poultry Fat represent 0.0053% of total world trade.

Pig and Poultry Fat are a part of Animal or vegetable fats, oils, & waxes. They include Lard, other rendered pig and poultry fat .

Exports In 2021 the top exporters of Pig and Poultry Fat  were United States ($386M), Germany ($134M), France ($130M), Italy ($70.7M), and Belgium ($52.2M).

Imports In 2021 the top importers of Pig and Poultry Fat were Singapore ($289M), Netherlands ($278M), Spain ($95.5M), United Kingdom ($87.7M), and France ($57.4M).

Ranking Pig and Poultry Fat ranks 301st in the Product Complexity Index (PCI).

Latest Data

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The following visualization shows the latest trends on Pig and Poultry Fat. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Exporters and Importers

Top Origin (2021)United States$386M
Top Destination (2021)Singapore$289M

In 2021 Pig and Poultry Fat were the world's 911th most traded product (out of 1,217).

In 2021, the top exporters of Pig and Poultry Fat were United States ($386M), Germany ($134M), France ($130M), Italy ($70.7M), and Belgium ($52.2M).

In 2021, the top importers of Pig and Poultry Fat were Singapore ($289M), Netherlands ($278M), Spain ($95.5M), United Kingdom ($87.7M), and France ($57.4M).

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Exporters of Pig and Poultry Fat (2021)
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Importers of Pig and Poultry Fat (2021)
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Market Dynamics

Color
Top Origin Growth (2020 -  2021)United States$93.6M
Top Destination Growth (2020 -  2021)Singapore$101M

Between 2020 and 2021, the exports of Pig and Poultry Fat grew the fastest in United States ($93.6M), France ($37.1M), Italy ($35.1M), Germany ($27.7M), and Denmark ($20.5M).

Between 2020 and 2021, the fastest growing importers of Pig and Poultry Fat were Singapore ($101M), Netherlands ($73.8M), Spain ($30.1M), United Kingdom ($28.6M), and France ($24.3M).

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Exporters of Pig and Poultry Fat (2020 - 2021)

Importers of Pig and Poultry Fat (2020 - 2021)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Pig and Poultry Fat.

In 2021, market concentration measured using Shannon Entropy, was 3.48. This means that most of the exports of Pig and Poultry Fat are explained by 11 countries.

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Value of Exports in Pig and Poultry Fat

Net Trade

TOP NET EXPORTER (2021)United States$350M
TOP NET IMPORTER (2021)Singapore$289M

This map shows which countries export or import more of Pig and Poultry Fat. Each country is colored based on the difference in exports and imports of Pig and Poultry Fat during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Pig and Poultry Fat were United States ($350M), Germany ($97.2M), France ($72.5M), Italy ($44.6M), and Denmark ($32.4M).

In 2021, the countries that had a largest trade value in imports than in exports of Pig and Poultry Fat were Singapore ($289M), Netherlands ($239M), Spain ($66.7M), United Kingdom ($55M), and Czechia ($17.1M).

Net Trade (2021)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Pig and Poultry Fat 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 (2021)

Country by Relatedness

The following visualization shows the relatedness of Pig and Poultry Fat to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2021)

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