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150210 (Harmonized System 2012 for 6-digit)

2023
World Trade $2.28BRnk 1363 / 5198
2023
Top Exporter | Top Importer $620M | $1.17BAustralia | United States
2023
Product Complexity -0.74Rnk 3955 / 5199
2022 - 2023
Export Growth (CAGR) 5.9%Rnk 1116 / 5198
2023
Share of World Trade 0.01%Rnk 1363 / 5198

About

Overview This page contains the latest trade data of Tallow: other than those of heading 1503. In 2023, Tallow: other than those of heading 1503 were the world's 1363rd most traded product, with a total trade of $2.28B. Between 2022 and 2023 the exports of Tallow: other than those of heading 1503 grew by 5.9%, from $2.15B to $2.28B. Trade in Tallow: other than those of heading 1503 represent 0.01% of total world trade.

Tallow: other than those of heading 1503 are a part of Fats of bovine animals, sheep or goats, other than those of heading....

Exports In 2023 the top exporters of Tallow: other than those of heading 1503  were Australia ($620M), Canada ($344M), Brazil ($289M), Uruguay ($150M), and India ($137M).

Imports In 2023 the top importers of Tallow: other than those of heading 1503 were United States ($1.17B), Singapore ($320M), Malaysia ($130M), Netherlands ($93.7M), and Belgium ($81.5M).

Ranking Tallow: other than those of heading 1503 ranks 3955th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Tallow: other than those of heading 1503. 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)Australia$620M
Top Destination (2023)United States$1.17B

In 2023 Tallow: other than those of heading 1503 were the world's 1363rd most traded product (out of 5,198).

In 2023, the top exporters of Tallow: other than those of heading 1503 were Australia ($620M), Canada ($344M), Brazil ($289M), Uruguay ($150M), and India ($137M).

In 2023, the top importers of Tallow: other than those of heading 1503 were United States ($1.17B), Singapore ($320M), Malaysia ($130M), Netherlands ($93.7M), and Belgium ($81.5M).

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Exporters of Tallow: other than those of heading 1503 (2023)
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Importers of Tallow: other than those of heading 1503 (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Australia$255M
Top Destination Growth (2022 -  2023)United States$218M

Between 2022 and 2023, the exports of Tallow: other than those of heading 1503 grew the fastest in Australia ($255M), Brazil ($162M), India ($39.6M), Argentina ($34.1M), and Uruguay ($31.6M).

Between 2022 and 2023, the fastest growing importers of Tallow: other than those of heading 1503 were United States ($218M), Singapore ($184M), Uruguay ($23M), Malaysia ($22.3M), and Ireland ($2.93M).

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Exporters of Tallow: other than those of heading 1503 (2022 - 2023)

Importers of Tallow: other than those of heading 1503 (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Tallow: other than those of heading 1503.

In 2023, market concentration measured using Shannon Entropy, was 3.57. This means that most of the exports of Tallow: other than those of heading 1503 are explained by 11 countries.

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Value of Exports in Tallow: other than those of heading 1503

Net Trade

TOP NET EXPORTER (2023)Australia$620M
TOP NET IMPORTER (2023)United States$1.04B

This map shows which countries export or import more of Tallow: other than those of heading 1503. Each country is colored based on the difference in exports and imports of Tallow: other than those of heading 1503 during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Tallow: other than those of heading 1503 were Australia ($620M), Canada ($284M), Brazil ($250M), India ($137M), and Uruguay ($107M).

In 2023, the countries that had a largest trade value in imports than in exports of Tallow: other than those of heading 1503 were United States ($1.04B), Singapore ($320M), Malaysia ($130M), Netherlands ($67.6M), and Mexico ($66.2M).

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 Tallow: other than those of heading 1503.
It is possible to select the main countries that export or import Tallow: other than those of heading 1503 in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Tallow: other than those of heading 1503 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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