HS4 subsector intelligence

Fats of bovine animals, sheep or goats
HS4 1502 trade overview

A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.

HS4 15021995-2024 coverageStable
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$2.6BGlobal subsector value
02

Annual change

-9.8%Latest year on year
03

Exporters

110Active reporting countries
04

Importers

162Active reporting countries
05

HS6 products

2Classifications inside HS4

The subsector read

$2.6B in trade, with +2.2% annualized growth over three years.

Fats of bovine animals, sheep or goats is recorded across 1,133 active corridors, with 110 exporters and 162 importers.

Annual trend

Subsector momentum over time

Reported global trade from 1995 to 2024. Read the methodology ↗

Annual subsector tradeReported global trade from 1995 to 2024.1995: $1.1B1996: $932.0M1997: $868.5M1998: $968.7M1999: $853.4M2000: $655.6M2001: $568.3M2002: $711.4M2003: $860.0M2004: $968.9M2005: $848.2M2006: $897.6M2007: $1.4B2008: $1.8B2009: $1.2B2010: $1.6B2011: $2.1B2012: $1.7B2013: $1.5B2014: $1.4B2015: $1.1B2016: $1.1B2017: $1.3B2018: $1.3B2019: $1.2B2020: $1.7B2021: $2.4B2022: $3.3B2023: $3.0B2024: $2.6B
Reported global trade by year.

Top trade corridors

Where the subsector moves

Leading exporter-to-importer relationships by latest reported value. See data sources ↗

Latest reported relationshipsTop 10 by trade value
RankExporterImporterTrade valueGrowthHS6DistanceFTA
1BrazilBRAUSA, Puerto Rico and US Virgin IslandsUSA$314.4M+184.7%17,658 kmNo
2AustraliaAUSSingaporeSGP$279.8M+2%26,047 kmYes
3CanadaCANUSA, Puerto Rico and US Virgin IslandsUSA$214.0M-8.6%1556 kmYes
4AustraliaAUSUSA, Puerto Rico and US Virgin IslandsUSA$206.7M+20.8%216,672 kmYes
5USA, Puerto Rico and US Virgin IslandsUSACanadaCAN$113.3M+10.6%2556 kmYes
6USA, Puerto Rico and US Virgin IslandsUSAMexicoMEX$94.4M-28.4%23,359 kmYes
7MalaysiaMYSSingaporeSGP$84.1M+28.9%2316 kmYes
8UruguayURYUSA, Puerto Rico and US Virgin IslandsUSA$71.9M+92.4%18,563 kmNo
9AustraliaAUSMalaysiaMYS$62.4M+101.1%26,358 kmYes
10New ZealandNZLSingaporeSGP$60.5M-4%28,411 kmYes

Market structure

Where supply and demand concentrate

Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗

Top exporters2024 ranking
RankCountryExportsPartnersHS6
1AustraliaAUS$603.4M332
2BrazilBRA$381.9M382
3USA, Puerto Rico and US Virgin IslandsUSA$246.9M412
4CanadaCAN$214.4M52
5UruguayURY$157.9M242
6FranceFRA$129.4M342
7ArgentinaARG$108.1M232
8New ZealandNZL$104.2M232
9MalaysiaMYS$93.6M52
10GermanyDEU$89.6M362
Top importers2024 ranking
RankCountryImportsPartnersHS6
1USA, Puerto Rico and US Virgin IslandsUSA$934.9M282
2SingaporeSGP$520.5M122
3MalaysiaMYS$152.5M152
4BelgiumBEL$119.7M192
5MexicoMEX$119.4M152
6CanadaCAN$114.1M62
7NetherlandsNLD$98.1M352
8ChinaCHN$65.2M232
9BrazilBRA$46.7M72
10SpainESP$36.4M162

HS6 product coverage

The products inside HS4 1502

Six-digit classifications make the subsector specific. Browse the product workspace ↗

3 classifications shownFats of bovine animals, sheep or goats
01
Fats of bovine animals, sheep or goats: other than those of heading no. 1503HS6 150200
02
Tallow: other than those of heading 1503HS6 150210
03
Fats of bovine animals, sheep or goats: excluding tallow, and other than those of heading 1503HS6 150290

Definitions and coverage

Read the numbers with context

Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗

01

Reported values

Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.

02

Calculated indicators

Growth, concentration, volatility, and peak comparisons are calculated from reported observations.

03

Missing data

Unavailable observations remain unavailable. They are not filled, interpolated, or presented as forecasts.

Coverage: 1995-2024 · Data refreshed 2026-07-20 09:34:09

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.