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150110 (Harmonized System 2012 for 6-digit)

2022
World Trade $300MRnk 3669 / 5198
2022
Top Exporter | Top Importer $47.4M | $68.3MGermany | Netherlands
2022
Product Complexity 1.32Rnk 351 / 5199
2021 - 2022
Export Growth (CAGR) 12.7%Rnk 1548 / 5198
2022
Share of World Trade 0.0012%Rnk 3669 / 5198

About

Overview This page contains the latest trade data of Lard. In 2022, Lard were the world's 3669th most traded product, with a total trade of $300M. Between 2021 and 2022 the exports of Lard grew by 12.7%, from $267M to $300M. Trade in Lard represent 0.0012% of total world trade.

Lard are a part of Pig fat (including lard) and poultry fat, other than that of heading....

Exports In 2022 the top exporters of Lard  were Germany ($47.4M), Italy ($45.8M), France ($35.8M), Netherlands ($25.7M), and Spain ($23.1M).

Imports In 2022 the top importers of Lard were Netherlands ($68.3M), Spain ($36.2M), Germany ($21M), France ($20.8M), and United States ($17.1M).

Ranking Lard ranks 351st in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Lard. 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)Germany$47.4M
Top Destination (2022)Netherlands$68.3M

In 2022 Lard were the world's 3669th most traded product (out of 5,198).

In 2022, the top exporters of Lard were Germany ($47.4M), Italy ($45.8M), France ($35.8M), Netherlands ($25.7M), and Spain ($23.1M).

In 2022, the top importers of Lard were Netherlands ($68.3M), Spain ($36.2M), Germany ($21M), France ($20.8M), and United States ($17.1M).

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Exporters of Lard (2022)
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Importers of Lard (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)France$8.92M
Top Destination Growth (2021 -  2022)Germany$9.89M

Between 2021 and 2022, the exports of Lard grew the fastest in France ($8.92M), Germany ($6.43M), Netherlands ($6.35M), Spain ($6.18M), and Italy ($5.41M).

Between 2021 and 2022, the fastest growing importers of Lard were Germany ($9.89M), United States ($6.08M), Spain ($5.55M), Slovakia ($5.09M), and Italy ($4.65M).

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Exporters of Lard (2021 - 2022)

Importers of Lard (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Lard.

In 2022, market concentration measured using Shannon Entropy, was 3.88. This means that most of the exports of Lard are explained by 14 countries.

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Value of Exports in Lard

Net Trade

TOP NET EXPORTER (2022)Italy$29.8M
TOP NET IMPORTER (2022)Netherlands$42.5M

This map shows which countries export or import more of Lard. Each country is colored based on the difference in exports and imports of Lard during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Lard were Italy ($29.8M), Germany ($26.4M), Canada ($19.3M), France ($15M), and Austria ($11.9M).

In 2022, the countries that had a largest trade value in imports than in exports of Lard were Netherlands ($42.5M), United Kingdom ($15.6M), Spain ($13M), Slovakia ($7.97M), and United States ($6.51M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Lard 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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