HS Icon Bovine Meat in  Flag United States

2020
Exports | Imports
: $3.49B | $3.76B, World Rnk 1 / 111
Flag Rnk 77 / 1217 | World Rnk 1 / 202
Flag Rnk 114 / 1214

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $104M | $123M, South Korea |  Mexico

2020
ECONOMIC COMPLEXITY of United States
: 1.56, Rnk 9 / 127

2020
PRODUCT COMPLEXITY  IN Bovine Meat
: -0.59, Rnk 724 / 1029

Exports In 2020, United States exported $3.49B in Bovine Meat, making it the 1st largest exporter of Bovine Meat in the world. At the same year, Bovine Meat was the 77th most exported product in United States. The main destination of Bovine Meat exports from United States are: Japan ($1.06B), South Korea ($647M), Mexico ($555M), Canada ($510M), and Chinese Taipei ($318M).

The fastest growing export markets for Bovine Meat of United States between 2019 and 2020 were South Korea ($104M), Canada ($52M), and China ($43M).

Imports In 2020, United States imported $3.76B in Bovine Meat, becoming the 1st largest importer of Bovine Meat in the world. At the same year, Bovine Meat was the 114th most imported product in United States. United States imports Bovine Meat primarily from: Canada ($1.62B), Mexico ($1.28B), Australia ($626M), Nicaragua ($77.8M), and New Zealand ($44.8M).

The fastest growing import markets in Bovine Meat for United States between 2019 and 2020 were Mexico ($123M), Canada ($69.7M), and Australia ($56.6M).

August 2022

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (August 2021 - August 2022): $-94.1M, (-20.4%)

IMPORT GROWTH (August 2021 - August 2022): $-96.6M, (-19.6%)

MAIN EXPORTER (August 2022): Kansas, $84.5M

MAIN DESTINATION (August 2022): Japan, $84.5M

This section shows Bovine Meat's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Bovine Meat over time.

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Historical Data

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EXPORTS (2020): $3.49B

IMPORTS (2020): $3.76B

NET TRADE (2020): -$268M

In 2020, United States exported $3.49B in Bovine Meat. The main destinations of United States exports on Bovine Meat were Japan ($1.06B), South Korea ($647M), Mexico ($555M), Canada ($510M), and Chinese Taipei ($318M).

In 2020, United States imported $3.76B in Bovine Meat, mainly from Canada ($1.62B), Mexico ($1.28B), Australia ($626M), Nicaragua ($77.8M), and New Zealand ($44.8M).

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Flow

THE FASTEST GROWING Bovine Meat EXPORT MARKETS FOR United States WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bovine Meat BY United States WERE (2019 - 2020):

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Market Concentration

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In 2020, United States's main exporting competitors in Bovine Meat were:

In 2020, United States's main importing competitors in Bovine Meat were:

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