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121410 (Harmonized System 1992 for 6-digit)

2022
World Trade $459MRnk 3009 / 4648
2022
Top Exporter | Top Importer $118M | $89.7MSpain | United Arab Emirates
2022
Product Complexity -0.7Rnk 3476 / 4653
2021 - 2022
Export Growth (CAGR) 8.25%Rnk 1808 / 4648
2022
Share of World Trade 0.0019%Rnk 3009 / 4648

About

Overview This page contains the latest trade data of Lucerne (alfalfa) meal and pellets. In 2022, Lucerne (alfalfa) meal and pellets were the world's 3009th most traded product, with a total trade of $459M. Between 2021 and 2022 the exports of Lucerne (alfalfa) meal and pellets grew by 8.25%, from $424M to $459M. Trade in Lucerne (alfalfa) meal and pellets represent 0.0019% of total world trade.

Lucerne (alfalfa) meal and pellets are a part of Forage Crops.

Exports In 2022 the top exporters of Lucerne (alfalfa) meal and pellets  were Spain ($118M), Italy ($63.3M), United States ($50.6M), France ($36.3M), and Canada ($34.7M).

Imports In 2022 the top importers of Lucerne (alfalfa) meal and pellets were United Arab Emirates ($89.7M), Saudi Arabia ($67M), Japan ($53.5M), United States ($24M), and China ($22.1M).

Ranking Lucerne (alfalfa) meal and pellets ranks 3476th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Lucerne (alfalfa) meal and pellets. 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)Spain$118M
Top Destination (2022)United Arab Emirates$89.7M

In 2022 Lucerne (alfalfa) meal and pellets were the world's 3009th most traded product (out of 4,648).

In 2022, the top exporters of Lucerne (alfalfa) meal and pellets were Spain ($118M), Italy ($63.3M), United States ($50.6M), France ($36.3M), and Canada ($34.7M).

In 2022, the top importers of Lucerne (alfalfa) meal and pellets were United Arab Emirates ($89.7M), Saudi Arabia ($67M), Japan ($53.5M), United States ($24M), and China ($22.1M).

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Exporters of Lucerne (alfalfa) meal and pellets (2022)
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Importers of Lucerne (alfalfa) meal and pellets (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Egypt$10.4M
Top Destination Growth (2021 -  2022)United Arab Emirates$28M

Between 2021 and 2022, the exports of Lucerne (alfalfa) meal and pellets grew the fastest in Egypt ($10.4M), Spain ($10.1M), United States ($7.4M), Romania ($6.33M), and Italy ($5.65M).

Between 2021 and 2022, the fastest growing importers of Lucerne (alfalfa) meal and pellets were United Arab Emirates ($28M), Japan ($9.16M), Kuwait ($4.56M), Qatar ($3.78M), and Oman ($3.72M).

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Exporters of Lucerne (alfalfa) meal and pellets (2021 - 2022)

Importers of Lucerne (alfalfa) meal and pellets (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Lucerne (alfalfa) meal and pellets.

In 2022, market concentration measured using Shannon Entropy, was 3.67. This means that most of the exports of Lucerne (alfalfa) meal and pellets are explained by 12 countries.

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Value of Exports in Lucerne (alfalfa) meal and pellets

Net Trade

TOP NET EXPORTER (2022)Spain$118M
TOP NET IMPORTER (2022)United Arab Emirates$87.7M

This map shows which countries export or import more of Lucerne (alfalfa) meal and pellets. Each country is colored based on the difference in exports and imports of Lucerne (alfalfa) meal and pellets during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Lucerne (alfalfa) meal and pellets were Spain ($118M), Italy ($62.7M), Canada ($34.4M), South Africa ($32.6M), and United States ($26.6M).

In 2022, the countries that had a largest trade value in imports than in exports of Lucerne (alfalfa) meal and pellets were United Arab Emirates ($87.7M), Saudi Arabia ($66.9M), Japan ($53.5M), China ($21.7M), and Germany ($13.2M).

Net Trade (2022)

Country Comparison

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

Top 10 Exporters Countries of Lucerne (alfalfa) meal and pellets 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 (2022)

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