150500 (Harmonized System 2002 for 6-digit)

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Overview This page contains the latest trade data of Wool grease and fatty substances derived therefrom (including lanolin). In 2022, Wool grease and fatty substances derived therefrom (including lanolin) were the world's 3587th most traded product, with a total trade of $288M. Between 2021 and 2022 the exports of Wool grease and fatty substances derived therefrom (including lanolin) grew by 13.2%, from $254M to $288M. Trade in Wool grease and fatty substances derived therefrom (including lanolin) represent 0.0012% of total world trade.

Wool grease and fatty substances derived therefrom (including lanolin) are a part of Wool grease and fatty substances derived therefrom (including lanolin).

Exports In 2022 the top exporters of Wool grease and fatty substances derived therefrom (including lanolin)  were China ($75.5M), United Kingdom ($48.4M), Japan ($25.9M), Belgium ($24M), and Germany ($19.6M).

Imports In 2022 the top importers of Wool grease and fatty substances derived therefrom (including lanolin) were Germany ($47.6M), United States ($35M), United Kingdom ($29.7M), Japan ($28.1M), and Belgium ($16.1M).

Ranking Wool grease and fatty substances derived therefrom (including lanolin) ranks 3061st in the Product Complexity Index (PCI).

Latest Data

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The following visualization shows the latest trends on Wool grease and fatty substances derived therefrom (including lanolin). 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)China$75.5M
Top Destination (2022)Germany$47.6M

In 2022 Wool grease and fatty substances derived therefrom (including lanolin) were the world's 3587th most traded product (out of 4,939).

In 2022, the top exporters of Wool grease and fatty substances derived therefrom (including lanolin) were China ($75.5M), United Kingdom ($48.4M), Japan ($25.9M), Belgium ($24M), and Germany ($19.6M).

In 2022, the top importers of Wool grease and fatty substances derived therefrom (including lanolin) were Germany ($47.6M), United States ($35M), United Kingdom ($29.7M), Japan ($28.1M), and Belgium ($16.1M).

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Exporters of Wool grease and fatty substances derived therefrom (including lanolin) (2022)
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Importers of Wool grease and fatty substances derived therefrom (including lanolin) (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United Kingdom$15.9M
Top Destination Growth (2021 -  2022)Germany$11.5M

Between 2021 and 2022, the exports of Wool grease and fatty substances derived therefrom (including lanolin) grew the fastest in United Kingdom ($15.9M), Italy ($3.66M), China ($3.25M), Germany ($3.14M), and South Africa ($2.55M).

Between 2021 and 2022, the fastest growing importers of Wool grease and fatty substances derived therefrom (including lanolin) were Germany ($11.5M), United States ($7.95M), Belgium ($6.51M), Netherlands ($3.69M), and Uruguay ($2.38M).

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Exporters of Wool grease and fatty substances derived therefrom (including lanolin) (2021 - 2022)

Importers of Wool grease and fatty substances derived therefrom (including lanolin) (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Wool grease and fatty substances derived therefrom (including lanolin).

In 2022, market concentration measured using Shannon Entropy, was 3.67. This means that most of the exports of Wool grease and fatty substances derived therefrom (including lanolin) are explained by 12 countries.

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Value of Exports in Wool grease and fatty substances derived therefrom (including lanolin)

Net Trade

TOP NET EXPORTER (2022)China$73.1M
TOP NET IMPORTER (2022)Germany$28M

This map shows which countries export or import more of Wool grease and fatty substances derived therefrom (including lanolin). Each country is colored based on the difference in exports and imports of Wool grease and fatty substances derived therefrom (including lanolin) during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Wool grease and fatty substances derived therefrom (including lanolin) were China ($73.1M), United Kingdom ($18.7M), New Zealand ($12.3M), Belgium ($7.95M), and Uruguay ($6.12M).

In 2022, the countries that had a largest trade value in imports than in exports of Wool grease and fatty substances derived therefrom (including lanolin) were Germany ($28M), United States ($26.7M), Mexico ($7.71M), Brazil ($6.65M), and France ($6.33M).

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 Wool grease and fatty substances derived therefrom (including lanolin).
It is possible to select the main countries that export or import Wool grease and fatty substances derived therefrom (including lanolin) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Wool grease and fatty substances derived therefrom (including lanolin) 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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