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270300 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.84BRnk 1502 / 4644
2023
Top Exporter | Top Importer $490M | $493MCanada | United States
2023
Product Complexity 0.29Rnk 2037 / 4656
2022 - 2023
Export Growth (CAGR) -8.1%Rnk 2485 / 4644
2023
Share of World Trade 0.0081%Rnk 1502 / 4644

About

Overview This page contains the latest trade data of Peat (including peat litter). In 2023, Peat (including peat litter) were the world's 1502nd most traded product, with a total trade of $1.84B. Between 2022 and 2023 the exports of Peat (including peat litter) decreased by -8.1%, from $2B to $1.84B. Trade in Peat (including peat litter) represent 0.0081% of total world trade.

Peat (including peat litter) are a part of Peat.

Exports In 2023 the top exporters of Peat (including peat litter)  were Canada ($490M), Latvia ($310M), Germany ($212M), Netherlands ($171M), and Estonia ($159M).

Imports In 2023 the top importers of Peat (including peat litter) were United States ($493M), Netherlands ($163M), China ($109M), Italy ($97.3M), and France ($90.5M).

Ranking Peat (including peat litter) ranks 2037th in the Product Complexity Index (PCI).

Description Peat is an organic material obtained from the decomposed remains of plants. It is used as a soil amendment, fuel, or as a raw material for the manufacture of fertilizers. Peat litter is typically made from peat moss and is used as a cat litter.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Peat (including peat litter). 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)Canada$490M
Top Destination (2023)United States$493M

In 2023 Peat (including peat litter) were the world's 1502nd most traded product (out of 4,644).

In 2023, the top exporters of Peat (including peat litter) were Canada ($490M), Latvia ($310M), Germany ($212M), Netherlands ($171M), and Estonia ($159M).

In 2023, the top importers of Peat (including peat litter) were United States ($493M), Netherlands ($163M), China ($109M), Italy ($97.3M), and France ($90.5M).

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Exporters of Peat (including peat litter) (2023)
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Importers of Peat (including peat litter) (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Denmark$5.72M
Top Destination Growth (2022 -  2023)Italy$24.2M

Between 2022 and 2023, the exports of Peat (including peat litter) grew the fastest in Denmark ($5.72M), Ireland ($3.51M), Germany ($3.03M), Sweden ($2.97M), and Argentina ($679k).

Between 2022 and 2023, the fastest growing importers of Peat (including peat litter) were Italy ($24.2M), United Kingdom ($9.9M), Denmark ($6.21M), Latvia ($3.96M), and Saudi Arabia ($3.33M).

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Exporters of Peat (including peat litter) (2022 - 2023)

Importers of Peat (including peat litter) (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Peat (including peat litter).

In 2023, market concentration measured using Shannon Entropy, was 3.5. This means that most of the exports of Peat (including peat litter) are explained by 11 countries.

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Value of Exports in Peat (including peat litter)

Net Trade

TOP NET EXPORTER (2023)Canada$475M
TOP NET IMPORTER (2023)United States$477M

This map shows which countries export or import more of Peat (including peat litter). Each country is colored based on the difference in exports and imports of Peat (including peat litter) during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Peat (including peat litter) were Canada ($475M), Latvia ($299M), Estonia ($157M), Germany ($122M), and Lithuania ($85.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Peat (including peat litter) were United States ($477M), China ($104M), Italy ($93.3M), France ($85.5M), and United Kingdom ($50.3M).

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 Peat (including peat litter).
It is possible to select the main countries that export or import Peat (including peat litter) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Peat (including peat litter) 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 (2023)

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