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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)

2023
World Trade $150MRnk 1150 / 1217
2023
Top Exporter | Top Importer $42.9M | $64.1MUnited Kingdom | Netherlands
2022 - 2023
Export Growth (CAGR) 104%Rnk 4 / 1217
2023
Share of World Trade 0.00066%Rnk 1150 / 1217

About

Overview This page contains the latest trade data of Lard stearin and oils. In 2023, Lard stearin and oils were the world's 1150th most traded product, with a total trade of $150M. Between 2022 and 2023 the exports of Lard stearin and oils grew by 104%, from $73.4M to $150M. Trade in Lard stearin and oils represent 0.00066% 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 2023 the top exporters of Lard stearin and oils  were United Kingdom ($42.9M), Poland ($21.1M), France ($21.1M), Ireland ($19.9M), and United States ($7.45M).

Imports In 2023 the top importers of Lard stearin and oils were Netherlands ($64.1M), United States ($33.8M), United Kingdom ($14.4M), Ireland ($11.7M), and Germany ($5.81M).

Latest Trends

Latest Data

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Y-AXIS SCALE

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 (2023)United Kingdom$42.9M
Top Destination (2023)Netherlands$64.1M

In 2023 Lard stearin and oils were the world's 1150th most traded product (out of 1,217).

In 2023, the top exporters of Lard stearin and oils were United Kingdom ($42.9M), Poland ($21.1M), France ($21.1M), Ireland ($19.9M), and United States ($7.45M).

In 2023, the top importers of Lard stearin and oils were Netherlands ($64.1M), United States ($33.8M), United Kingdom ($14.4M), Ireland ($11.7M), and Germany ($5.81M).

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Exporters of Lard stearin and oils (2023)
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Importers of Lard stearin and oils (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United Kingdom$40.9M
Top Destination Growth (2022 -  2023)Netherlands$36.2M

Between 2022 and 2023, the exports of Lard stearin and oils grew the fastest in United Kingdom ($40.9M), Poland ($16.5M), France ($12.9M), Italy ($4.05M), and Sweden ($3.09M).

Between 2022 and 2023, the fastest growing importers of Lard stearin and oils were Netherlands ($36.2M), United States ($33.8M), Ireland ($10.2M), United Kingdom ($6.06M), and Mexico ($1.91M).

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Exporters of Lard stearin and oils (2022 - 2023)

Importers of Lard stearin and oils (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.27. 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 (2023)United Kingdom$28.5M
TOP NET IMPORTER (2023)Netherlands$58.9M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Lard stearin and oils were United Kingdom ($28.5M), France ($20.6M), Poland ($19.1M), Ireland ($8.21M), and Sweden ($6.67M).

In 2023, the countries that had a largest trade value in imports than in exports of Lard stearin and oils were Netherlands ($58.9M), United States ($26.4M), Mexico ($4.95M), Saudi Arabia ($997k), and Slovenia ($259k).

Net Trade (2023)

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 (2023)

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 (2023)

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