HS Icon Derivatives of wool grease (including lanolin)

150590 (Harmonized System 1992 for 6-digit)

Overview:  This page contains the latest trade data of Derivatives of wool grease (including lanolin). In 2019, Derivatives of wool grease (including lanolin) were the world's 3659th most traded product, with a total trade of $197M. Between 2018 and 2019 the exports of Derivatives of wool grease (including lanolin) decreased by -10.6%, from $220M to $197M. Trade in Derivatives of wool grease (including lanolin) represent 0.0011% of total world trade.

Exports: In 2019 the top exporters of Derivatives of wool grease (including lanolin)  were China ($41.7M), United Kingdom ($34.4M), Japan ($25.5M), Belgium ($17.3M), and Germany ($13M).

Imports: In 2019 the top importers of Derivatives of wool grease (including lanolin) were Germany ($26.8M), United States ($23.7M), United Kingdom ($22.1M), Japan ($18.3M), and France ($10.2M).

Tariffs: In 2018 the average tariff for Derivatives of wool grease (including lanolin) was 0.1%, making it the 6462nd lowest tariff using the HS6 product classification.

Ranking: Derivatives of wool grease (including lanolin) ranks 2322nd in the Product Complexity Index (PCI).

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): China, $41.7M

Top Destination (2019): Germany, $26.8M

Derivatives of wool grease (including lanolin) are the world's 3659th most traded product.

In 2019, the top exporters of Derivatives of wool grease (including lanolin) were China ($41.7M), United Kingdom ($34.4M), Japan ($25.5M), Belgium ($17.3M), and Germany ($13M).

In 2019, the top importers of Derivatives of wool grease (including lanolin) were Germany ($26.8M), United States ($23.7M), United Kingdom ($22.1M), Japan ($18.3M), and France ($10.2M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): United Kingdom, $1.99M

Top Destination Growth (2018 - 2019): Netherlands, $1.77M

Between 2018 and 2019, the exports of Derivatives of wool grease (including lanolin) grew the fastest in United Kingdom ($1.99M), Netherlands ($761k), United States ($743k), Chile ($230k), and Seychelles ($188k).

Between 2018 and 2019, the fastest growing importers of Derivatives of wool grease (including lanolin) were Netherlands ($1.77M), United Kingdom ($1.05M), India ($840k), Hong Kong ($530k), and South Africa ($455k).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Derivatives of wool grease (including lanolin).

In 2019,  market concentration measured using Shannon Entropy, was 3.7. This means that most of the exports of Derivatives of wool grease (including lanolin) are explained by 12 countries.

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TOP NET EXPORTER (2019): China, $38.4M

TOP NET IMPORTER (2019): United States, $15.9M

This map shows which countries export or import more of Derivatives of wool grease (including lanolin). Each country is colored based on the difference in exports and imports of Derivatives of wool grease (including lanolin) during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Derivatives of wool grease (including lanolin) were China ($38.4M), United Kingdom ($12.4M), Belgium ($8.31M), Japan ($7.2M), and New Zealand ($5.82M).

In 2019, the countries that had a largest trade value in imports than in exports of Derivatives of wool grease (including lanolin) were United States ($15.9M), Germany ($13.8M), France ($9.13M), Spain ($3.72M), and Mexico ($3.4M).

Import Tariffs

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In 2018, the average tariff for importing Derivatives of wool grease (including lanolin) was 0.1%. The countries with the highest tariffs for importing Derivatives of wool grease (including lanolin) were Latvia (0.5%), Sweden (0%), Austria (0%), Finland (0%), and Turkmenistan (0%).

Product Complexity

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Diversification Frontier

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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.