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130110 (Harmonized System 1992 for 6-digit)

2016
World Trade $166kRnk 4760 / 4869
2016
Top Exporter | Top Importer $128k | $166kGermany | Philippines
2016
Product Complexity -0.5Rnk 3385 / 4912
2015 - 2016
Export Growth (CAGR) -33.2%Rnk 4683 / 4869
2016
Share of World Trade <0.01%Rnk 4760 / 4869

About

Overview This page contains the latest trade data of Lac. In 2016, Lac were the world's 4760th most traded product, with a total trade of $166k. Between 2015 and 2016 the exports of Lac decreased by -33.2%, from $248k to $166k. Trade in Lac represent 0.0000011% of total world trade.

Lac are a part of Insect Resins.

Exports In 2016 the top exporters of Lac  were Germany ($128k), United States ($30.1k), and South Korea ($7.66k).

Imports In 2016 the top importers of Lac were Philippines ($166k) and Barbados ($7).

Ranking Lac ranks 3385th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Lac. 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 (2016)Germany$128k
Top Destination (2016)Philippines$166k

In 2016 Lac were the world's 4760th most traded product (out of 4,869).

In 2016, the top exporters of Lac were Germany ($128k), United States ($30.1k), and South Korea ($7.66k).

In 2016, the top importers of Lac were Philippines ($166k) and Barbados ($7).

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Exporters of Lac (2016)
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Importers of Lac (2016)
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Market Dynamics

Color

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Exporters of Lac (2015 - 2016)

Importers of Lac (2015 - 2016)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Lac.

In 2016, market concentration measured using Shannon Entropy, was 0.94. This means that most of the exports of Lac are explained by 1 countries.

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Value of Exports in Lac

Net Trade

TOP NET EXPORTER (2016)Germany$128k
TOP NET IMPORTER (2016)South Korea$7.66k

This map shows which countries export or import more of Lac. Each country is colored based on the difference in exports and imports of Lac during 2016.

In 2016, the countries that had a largest trade value in exports than in imports of Lac were Germany ($128k), United States ($30.1k), and South Korea ($7.66k).

Net Trade (2016)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Lac 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 (2016)

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