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Lard stearin, lard oil, oleostearin, oleo-oil and tallow oil; not emulsified or mixed or otherwise prepared

1503 (Harmonized System 1992 for 4-digit)

2022
World Trade $62.1MRnk 1194 / 1218
2022
Top Exporter | Top Importer $21M | $24.6MIreland | Netherlands
2021 - 2022
Export Growth (CAGR) -19.7%Rnk 1175 / 1218
2022
Share of World Trade 0.00026%Rnk 1194 / 1218

About

Overview This page contains the latest trade data of Lard stearin and oils. In 2022, Lard stearin and oils were the world's 1194th most traded product, with a total trade of $62.1M. Between 2021 and 2022 the exports of Lard stearin and oils decreased by -19.7%, from $77.4M to $62.1M. Trade in Lard stearin and oils represent 0.00026% of total world trade.

Lard stearin and oils are a part of Animal or vegetable fats, oils, & waxes. They include Lard stearin, oleostearin & oils, natural tallow oil.

Exports In 2022 the top exporters of Lard stearin and oils  were Ireland ($21M), France ($7.71M), Netherlands ($6.54M), United States ($6.21M), and Poland ($4.16M).

Imports In 2022 the top importers of Lard stearin and oils were Netherlands ($24.6M), Germany ($10.7M), United Kingdom ($6.87M), Belgium ($4.87M), and Mexico ($3.05M).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Lard stearin and oils. 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)Ireland$21M
Top Destination (2022)Netherlands$24.6M

In 2022 Lard stearin and oils were the world's 1194th most traded product (out of 1,218).

In 2022, the top exporters of Lard stearin and oils were Ireland ($21M), France ($7.71M), Netherlands ($6.54M), United States ($6.21M), and Poland ($4.16M).

In 2022, the top importers of Lard stearin and oils were Netherlands ($24.6M), Germany ($10.7M), United Kingdom ($6.87M), Belgium ($4.87M), and Mexico ($3.05M).

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Exporters of Lard stearin and oils (2022)
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Importers of Lard stearin and oils (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Ireland$12.7M
Top Destination Growth (2021 -  2022)United Kingdom$4.53M

Between 2021 and 2022, the exports of Lard stearin and oils grew the fastest in Ireland ($12.7M), Poland ($3.9M), France ($3.16M), Netherlands ($2.16M), and Sweden ($2.16M).

Between 2021 and 2022, the fastest growing importers of Lard stearin and oils were United Kingdom ($4.53M), Germany ($3.07M), Belgium ($1.93M), Poland ($1.2M), and Uruguay ($466k).

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Exporters of Lard stearin and oils (2021 - 2022)

Importers of Lard stearin and oils (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Lard stearin and oils.

In 2022, market concentration measured using Shannon Entropy, was 3.25. This means that most of the exports of Lard stearin and oils are explained by 9 countries.

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Value of Exports in Lard stearin and oils

Net Trade

TOP NET EXPORTER (2022)Ireland$20.2M
TOP NET IMPORTER (2022)Netherlands$18.1M

This map shows which countries export or import more of Lard stearin and oils. Each country is colored based on the difference in exports and imports of Lard stearin and oils during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Lard stearin and oils were Ireland ($20.2M), France ($7.52M), United States ($6.19M), Sweden ($3.29M), and Spain ($2.49M).

In 2022, the countries that had a largest trade value in imports than in exports of Lard stearin and oils were Netherlands ($18.1M), Germany ($7.72M), United Kingdom ($4.54M), Belgium ($4.2M), and Mexico ($3.05M).

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 Lard stearin and oils.
It is possible to select the main countries that export or import Lard stearin and oils in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Lard stearin and oils by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALN/AN/A
TOP IMPORT POTENTIALN/AN/A

Lard stearin and oils’s highest export potential is N/A. With an export gap of N/A.  Lard stearin and oils’s highest import potential is N/A with an import gap of N/A.

See methodology.

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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)

Country by Relatedness

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

Relative Relatedness by Country (2022)

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