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150500 (Harmonized System 2002 for 6-digit)

2023
World Trade $236MRnk 3690 / 4940
2023
Top Exporter | Top Importer $63.9M | $42.3MChina | Germany
2023
Product Complexity 0.042Rnk 2649 / 4951
2022 - 2023
Export Growth (CAGR) -17.5%Rnk 3700 / 4940
2023
Share of World Trade 0.001%Rnk 3690 / 4940

About

Overview This page contains the latest trade data of Wool grease and fatty substances derived therefrom (including lanolin). In 2023, Wool grease and fatty substances derived therefrom (including lanolin) were the world's 3690th most traded product, with a total trade of $236M. Between 2022 and 2023 the exports of Wool grease and fatty substances derived therefrom (including lanolin) decreased by -17.5%, from $286M to $236M. Trade in Wool grease and fatty substances derived therefrom (including lanolin) represent 0.001% of total world trade.

Wool grease and fatty substances derived therefrom (including lanolin) are a part of Wool grease and fatty substances derived therefrom (including lanolin).

Exports In 2023 the top exporters of Wool grease and fatty substances derived therefrom (including lanolin)  were China ($63.9M), United Kingdom ($36.7M), Japan ($23.1M), Belgium ($21.8M), and Germany ($21.2M).

Imports In 2023 the top importers of Wool grease and fatty substances derived therefrom (including lanolin) were Germany ($42.3M), United States ($24.7M), United Kingdom ($23.9M), Japan ($15.7M), and Netherlands ($14.4M).

Ranking Wool grease and fatty substances derived therefrom (including lanolin) ranks 2649th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Wool grease and fatty substances derived therefrom (including lanolin). 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)China$63.9M
Top Destination (2023)Germany$42.3M

In 2023 Wool grease and fatty substances derived therefrom (including lanolin) were the world's 3690th most traded product (out of 4,940).

In 2023, the top exporters of Wool grease and fatty substances derived therefrom (including lanolin) were China ($63.9M), United Kingdom ($36.7M), Japan ($23.1M), Belgium ($21.8M), and Germany ($21.2M).

In 2023, the top importers of Wool grease and fatty substances derived therefrom (including lanolin) were Germany ($42.3M), United States ($24.7M), United Kingdom ($23.9M), Japan ($15.7M), and Netherlands ($14.4M).

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Exporters of Wool grease and fatty substances derived therefrom (including lanolin) (2023)
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Importers of Wool grease and fatty substances derived therefrom (including lanolin) (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$2.6M
Top Destination Growth (2022 -  2023)Mexico$1.89M

Between 2022 and 2023, the exports of Wool grease and fatty substances derived therefrom (including lanolin) grew the fastest in Germany ($2.6M), Australia ($1.03M), Bulgaria ($331k), Brazil ($323k), and Slovakia ($242k).

Between 2022 and 2023, the fastest growing importers of Wool grease and fatty substances derived therefrom (including lanolin) were Mexico ($1.89M), Bulgaria ($1.41M), Turkey ($727k), Thailand ($709k), and Morocco ($579k).

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Exporters of Wool grease and fatty substances derived therefrom (including lanolin) (2022 - 2023)

Importers of Wool grease and fatty substances derived therefrom (including lanolin) (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Wool grease and fatty substances derived therefrom (including lanolin).

In 2023, market concentration measured using Shannon Entropy, was 3.57. This means that most of the exports of Wool grease and fatty substances derived therefrom (including lanolin) are explained by 11 countries.

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Value of Exports in Wool grease and fatty substances derived therefrom (including lanolin)

Net Trade

TOP NET EXPORTER (2023)China$62.2M
TOP NET IMPORTER (2023)Germany$21.1M

This map shows which countries export or import more of Wool grease and fatty substances derived therefrom (including lanolin). Each country is colored based on the difference in exports and imports of Wool grease and fatty substances derived therefrom (including lanolin) during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Wool grease and fatty substances derived therefrom (including lanolin) were China ($62.2M), United Kingdom ($12.8M), New Zealand ($9.94M), Belgium ($7.57M), and Japan ($7.38M).

In 2023, the countries that had a largest trade value in imports than in exports of Wool grease and fatty substances derived therefrom (including lanolin) were Germany ($21.1M), United States ($20.1M), Netherlands ($11.9M), Mexico ($9.87M), and Brazil ($5.18M).

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 Wool grease and fatty substances derived therefrom (including lanolin).
It is possible to select the main countries that export or import Wool grease and fatty substances derived therefrom (including lanolin) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Wool grease and fatty substances derived therefrom (including lanolin) 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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