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Pig fat (including lard) and poultry fat, other than that of heading 0209 or 1503

1501 (Harmonized System 1992 for 4-digit)

2023
World Trade $801MRnk 962 / 1217
2023
Top Exporter | Top Importer $166M | $211MGermany | Netherlands
2023
Product Complexity 0.3Rnk 453 / 1044
2022 - 2023
Export Growth (CAGR) -9.83%Rnk 739 / 1217
2023
Share of World Trade 0.0035%Rnk 962 / 1217

About

Overview This page contains the latest trade data of Pig and Poultry Fat. In 2023, Pig and Poultry Fat were the world's 962nd most traded product, with a total trade of $801M. Between 2022 and 2023 the exports of Pig and Poultry Fat decreased by -9.83%, from $888M to $801M. Trade in Pig and Poultry Fat represent 0.0035% of total world trade.

Pig and Poultry Fat are a part of Animal or vegetable fats, oils, & waxes. They include Lard, other rendered pig and poultry fat .

Exports In 2023 the top exporters of Pig and Poultry Fat  were Germany ($166M), France ($87.1M), Netherlands ($86.7M), Belgium ($63.5M), and Canada ($59M).

Imports In 2023 the top importers of Pig and Poultry Fat were Netherlands ($211M), Belgium ($90.5M), United States ($87.5M), France ($78.3M), and Spain ($50.9M).

Ranking Pig and Poultry Fat ranks 453rd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Pig and Poultry Fat. 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)Germany$166M
Top Destination (2023)Netherlands$211M

In 2023 Pig and Poultry Fat were the world's 962nd most traded product (out of 1,217).

In 2023, the top exporters of Pig and Poultry Fat were Germany ($166M), France ($87.1M), Netherlands ($86.7M), Belgium ($63.5M), and Canada ($59M).

In 2023, the top importers of Pig and Poultry Fat were Netherlands ($211M), Belgium ($90.5M), United States ($87.5M), France ($78.3M), and Spain ($50.9M).

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Exporters of Pig and Poultry Fat (2023)
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Importers of Pig and Poultry Fat (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Netherlands$32.1M
Top Destination Growth (2022 -  2023)Belgium$43.4M

Between 2022 and 2023, the exports of Pig and Poultry Fat grew the fastest in Netherlands ($32.1M), Germany ($12.7M), Mexico ($7.8M), Belgium ($7.13M), and Brazil ($6.52M).

Between 2022 and 2023, the fastest growing importers of Pig and Poultry Fat were Belgium ($43.4M), United States ($9.85M), Denmark ($3.18M), Netherlands ($2.47M), and United Arab Emirates ($1.64M).

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Exporters of Pig and Poultry Fat (2022 - 2023)

Importers of Pig and Poultry Fat (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Pig and Poultry Fat.

In 2023, market concentration measured using Shannon Entropy, was 4.03. This means that most of the exports of Pig and Poultry Fat are explained by 16 countries.

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Value of Exports in Pig and Poultry Fat

Net Trade

TOP NET EXPORTER (2023)Germany$131M
TOP NET IMPORTER (2023)Netherlands$125M

This map shows which countries export or import more of Pig and Poultry Fat. Each country is colored based on the difference in exports and imports of Pig and Poultry Fat during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Pig and Poultry Fat were Germany ($131M), Canada ($47.4M), Brazil ($28.9M), Italy ($27.7M), and Ukraine ($22.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Pig and Poultry Fat were Netherlands ($125M), United States ($52.8M), United Kingdom ($33.1M), Belgium ($27M), and Spain ($19.9M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Pig and Poultry Fat by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALFrance+ $5.04M
TOP IMPORT POTENTIALNetherlands+ $3.1M

Pig and Poultry Fat’s highest export potential is France. With an export gap of $5.04M.  Pig and Poultry Fat’s highest import potential is Netherlands with an import gap of $3.1M.

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 Pig and Poultry Fat 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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