HS Icon Frozen Bovine Meat in  Flag Australia

2020
Exports | Imports
: $4B | $33.1M, World Rnk 2 / 121
Flag Rnk 5 / 1205 | World Rnk 52 / 219
Flag Rnk 515 / 1203

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $12.7M | $22.3M, Singapore |  New Zealand


ECONOMIC COMPLEXITY of Australia
: -0.31, Rnk 74 / 127


PRODUCT COMPLEXITY  IN Frozen Bovine Meat
: -0.99, Rnk 834 / 1028

Exports In 2020, Australia exported $4B in Frozen Bovine Meat, making it the 2nd largest exporter of Frozen Bovine Meat in the world. At the same year, Frozen Bovine Meat was the 5th most exported product in Australia. The main destination of Frozen Bovine Meat exports from Australia are: China ($1.05B), United States ($827M), South Korea ($667M), Japan ($658M), and Indonesia ($190M).

The fastest growing export markets for Frozen Bovine Meat of Australia between 2019 and 2020 were Singapore ($12.7M), Hong Kong ($11.3M), and Israel ($4.94M).

Imports In 2020, Australia imported $33.1M in Frozen Bovine Meat, becoming the 52nd largest importer of Frozen Bovine Meat in the world. At the same year, Frozen Bovine Meat was the 515th most imported product in Australia. Australia imports Frozen Bovine Meat primarily from: New Zealand ($29M), Singapore ($3.24M), Germany ($356k), China ($255k), and Austria ($85.7k).

The fastest growing import markets in Frozen Bovine Meat for Australia between 2019 and 2020 were New Zealand ($22.3M), Singapore ($3.22M), and China ($255k).

Subnational Monthly Trade

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Y-AXIS SCALE

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 Frozen Bovine Meat. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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EXPORTS (2020): $4B

IMPORTS (2020): $33.1M

NET TRADE (2020): $3.97B

In 2020, Australia exported $4B in Frozen Bovine Meat. The main destinations of Australia exports on Frozen Bovine Meat were China ($1.05B), United States ($827M), South Korea ($667M), Japan ($658M), and Indonesia ($190M).

In 2020, Australia imported $33.1M in Frozen Bovine Meat, mainly from New Zealand ($29M), Singapore ($3.24M), Germany ($356k), China ($255k), and Austria ($85.7k).

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IN 2020, Australia HAD A POSITIVE NET TRADE IN Frozen Bovine Meat WITH:

IN 2020, Australia HAD A NEGATIVE NET TRADE IN Frozen Bovine Meat WITH:: New Zealand , -$7.98M ($21M - $29M)

Flow

THE FASTEST GROWING Frozen Bovine Meat EXPORT MARKETS FOR Australia WERE (2019 - 2020):

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

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Market Concentration

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In 2019, Australia's main exporting competitors in Frozen Bovine Meat were:

In 2019, Australia's main importing competitors in Frozen Bovine Meat were:

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Tariffs by Country

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In 2018, the tariffs for Frozen Bovine Meat in the imports of Australia were of 0% around the world.