Bovine Meat in Australia 2020 Exports | Imports : $2.69B | $9.53M, World Rnk 2 / 111 Rnk 10 / 1205 | World Rnk 71 / 202 Rnk 778 / 1203
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $56.6M | $3.09M, United States | New Zealand
2020 ECONOMIC COMPLEXITY of Australia: -0.31, Rnk 74 / 127
2020 PRODUCT COMPLEXITY IN Bovine Meat: -0.59, Rnk 724 / 1029
Exports In 2020, Australia exported $2.69B in Bovine Meat, making it the 2nd largest exporter of Bovine Meat in the world. At the same year, Bovine Meat was the 10th most exported product in Australia. The main destination of Bovine Meat exports from Australia are: Japan ($863M), United States ($626M), South Korea ($338M), China ($278M), and United Arab Emirates ($59.8M).
The fastest growing export markets for Bovine Meat of Australia between 2019 and 2020 were United States ($56.6M), China ($25.3M), and Canada ($22.5M).
Imports In 2020, Australia imported $9.53M in Bovine Meat, becoming the 71st largest importer of Bovine Meat in the world. At the same year, Bovine Meat was the 778th most imported product in Australia. Australia imports Bovine Meat primarily from: New Zealand ($6.65M), Japan ($2.74M), Ireland ($74.8k), United Arab Emirates ($49.6k), and United Kingdom ($3.42k).
The fastest growing import markets in Bovine Meat for Australia between 2019 and 2020 were New Zealand ($3.09M), Japan ($332k), and Ireland ($74.8k).
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
The following visualization shows the latest trends on Bovine Meat. Countries are shown based on data availability.
* Using January 2020 exchange rates when trade data is reported in local currency.
EXPORTS (2020): $2.69B
IMPORTS (2020): $9.53M
NET TRADE (2020): $2.68B
In 2020, Australia exported $2.69B in Bovine Meat. The main destinations of Australia exports on Bovine Meat were Japan ($863M), United States ($626M), South Korea ($338M), China ($278M), and United Arab Emirates ($59.8M).
In 2020, Australia imported $9.53M in Bovine Meat, mainly from New Zealand ($6.65M), Japan ($2.74M), Ireland ($74.8k), United Arab Emirates ($49.6k), and United Kingdom ($3.42k).
THE FASTEST GROWING Bovine Meat EXPORT MARKETS FOR Australia WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bovine Meat BY Australia WERE (2019 - 2020):
In 2020, Australia's main exporting competitors in Bovine Meat were:
In 2020, Australia's main importing competitors in Bovine Meat were:
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