HS Icon Animal fats,oils,fractions not chemically modified ne

150600 (Harmonized System 1992 for 6-digit)

World Trade (2018): $336M, Rnk 3185 / 4726

Top Exporter (2018): $91.3M, Netherlands

Top Importer (2018): $66.2M, Sweden

Export Growth (CAGR)(2017 - 2018): -14.5%, Rnk 4422 / 4726

Mean Tariff (2018): 6.45%, Rnk 3415 / 6538

Share of World Trade (2018): 0.0018%, Rnk 3185 / 4726

Overview:  This page contains the latest trade data of Animal fats,oils,fractions not chemically modified ne. In 2018, Animal fats,oils,fractions not chemically modified ne were the world's 3185th most traded product, with a total trade of $336M. Between 2017 and 2018 the exports of Animal fats,oils,fractions not chemically modified ne decreased by -14.5%, from  $393M to $336M. Trade in Animal fats,oils,fractions not chemically modified ne represent 0.0018% of total world trade.

Exports: In 2018 the top exporters of Animal fats,oils,fractions not chemically modified ne  were Netherlands ($91.3M), France ($38.4M), Germany ($34.4M), United States ($33.9M), and Belgium-Luxembourg ($30.7M).

Imports: In 2018 the top importers of Animal fats,oils,fractions not chemically modified ne were Sweden ($66.2M), Netherlands ($51.5M), Germany ($29.1M), Spain ($28.9M), and Italy ($22.5M).

Tariffs: In 2018 the average tariff for Animal fats,oils,fractions not chemically modified ne was 6.45%, been the 3415 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Animal fats,oils,fractions not chemically modified ne are Tunisia (36%), Bahamas (35.7%), Sri Lanka (29.9%), Cameroon (29.4%), and Gabon (29.4%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Maldives (0%), Singapore (0%), and Turkey (0%).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): Netherlands, $91.3M

Top Destination (2018): Sweden, $66.2M

Animal fats,oils,fractions not chemically modified ne are the world's 3185th most traded product.

In 2018, the top exporters of Animal fats,oils,fractions not chemically modified ne were Netherlands ($91.3M), France ($38.4M), Germany ($34.4M), United States ($33.9M), and Belgium-Luxembourg ($30.7M).

In 2018, the top importers of Animal fats,oils,fractions not chemically modified ne were Sweden ($66.2M), Netherlands ($51.5M), Germany ($29.1M), Spain ($28.9M), and Italy ($22.5M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $15.1M

Top Destination Growth (2017 - 2018): Sweden, $19.9M

Between 2017 and 2018, the exports of Animal fats,oils,fractions not chemically modified ne grew the fastest in United States ($15.1M), Belgium-Luxembourg ($10.5M), Croatia ($4.61M), Indonesia ($3.79M), and Hungary ($797k).

Between 2017 and 2018, the fastest growing importers of Animal fats,oils,fractions not chemically modified ne were Sweden ($19.9M), Canada ($11.4M), Angola ($3.75M), Austria ($2.86M), and Australia ($2.64M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Animal fats,oils,fractions not chemically modified ne.

In 2018,  market concentration measured using Shannon Entropy, was 3.75. This means that most of the exports of Animal fats,oils,fractions not chemically modified ne are explained by 13 countries.

Explore Visualizations

TOP NET EXPORTER (2018): Netherlands, $39.8M

TOP NET IMPORTER (2018): Sweden, $65.8M

This map shows which countries export or import more of Animal fats,oils,fractions not chemically modified ne. Each country is colored based on the difference in exports and imports of Animal fats,oils,fractions not chemically modified ne during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Animal fats,oils,fractions not chemically modified ne were Netherlands ($39.8M), France ($32.5M), United States ($26.4M), New Zealand ($20.6M), and Belgium-Luxembourg ($12.4M).

In 2018, the countries that had a largest trade value in imports than in exports of Animal fats,oils,fractions not chemically modified ne were Sweden ($65.8M), Spain ($22.1M), Italy ($19.3M), Canada ($13.2M), and Singapore ($6.91M).

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Animal fats,oils,fractions not chemically modified ne was 6.45%.  The countries with the highest tariffs for importing Animal fats,oils,fractions not chemically modified ne were Tunisia (36%), Bahamas (35.7%), Sri Lanka (29.9%), Cameroon (29.4%), and Gabon (29.4%).

Explore Tariff Data

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Filter

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.