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2022
Exports $11BWorld Rnk 1 / 141
Flag Rnk 7 / 1206
2022
Destination $4.04B China
2021 - 2022
FASTEST GROWING MARKET $4.04BChina
2022
PRODUCT COMPLEXITY IN Frozen Bovine Meat-1.24Rnk 891 / 1025
2022
Imports $210MWorld Rnk 23 / 219
Flag Rnk 203 / 1198
2022
Origin $17.2M Paraguay
2021 - 2022
FASTEST GROWING ORIGIN $17.2MHong Kong
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $11B in Frozen Bovine Meat, making it the 1st largest exporter of Frozen Bovine Meat in the world. At the same year, Frozen Bovine Meat was the 7th most exported product in Brazil. The main destination of Frozen Bovine Meat exports from Brazil are: China ($7.95B), United States ($450M), Egypt ($343M), Philippines ($268M), and United Arab Emirates ($196M).

The fastest growing export markets for Frozen Bovine Meat of Brazil between 2021 and 2022 were China ($4.04B), Philippines ($76.5M), and Egypt ($72.6M).

Imports In 2022, Brazil imported $210M in Frozen Bovine Meat, becoming the 23rd largest importer of Frozen Bovine Meat in the world. At the same year, Frozen Bovine Meat was the 203rd most imported product in Brazil. Brazil imports Frozen Bovine Meat primarily from: Paraguay ($59.2M), Uruguay ($52.6M), Argentina ($49.2M), Hong Kong ($17.2M), and Australia ($16.3M).

The fastest growing import markets in Frozen Bovine Meat for Brazil between 2021 and 2022 were Hong Kong ($17.2M), Paraguay ($16.5M), and Australia ($9.91M).

COMPANIES In 2023, leading companies such as JBS Foods (858) and Lawrence Wholesale (11) were at the forefront of shipping Frozen Bovine Meat from Brazil to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Brazil's Frozen Bovine Meat exports accounted up to $1.11B and imports accounted up to $14.9M, resulting in a positive trade balance of $1.09B. Between October 2023 and October 2024 the exports of Brazil's   Frozen Bovine Meat have increased by $325M (41.5%) from $784M to $1.11B, while imports increased by $4.3M (40.5%) from $10.6M to $14.9M.

Destinations In October 2024, Frozen Bovine Meat were exported mostly to China ($723M), United States ($117M), Philippines ($42.7M), Russia ($28.9M), and Egypt ($23M), and were imported mostly from Uruguay ($4.97M), Paraguay ($4.78M), Argentina ($3.02M), Australia ($1.98M), and Canada ($163k).

Growth In October 2024, the increase in Frozen Bovine Meat's year-by-year exports was explained primarily by an increase in exports to China ($155M or 47.1%), Netherlands ($6.93M or 172%), and Malaysia ($2.64M or 176%). In October 2024, the increase in Frozen Bovine Meat's year-by-year imports was explained primarily by an increase in imports from Uruguay ($508k or 14.6%) and Australia ($272k or 42.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$325M(41.5%)
IMPORT GROWTH (October 2023 - October 2024)$4.3M(40.5%)
MAIN EXPORTER (October 2024)São Paulo$260M
MAIN DESTINATION (October 2024)China$723M

This section shows Frozen Bovine Meat's exports and imports data at subnational level for Brazil. 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 Frozen Bovine Meat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$11B
IMPORTS (2022)$210M
NET TRADE (2022)$10.7B

In 2022, Brazil exported $11B in Frozen Bovine Meat. The main destinations of Brazil exports on Frozen Bovine Meat were China ($7.95B), United States ($450M), Egypt ($343M), Philippines ($268M), and United Arab Emirates ($196M).

In 2022, Brazil imported $210M in Frozen Bovine Meat, mainly from Paraguay ($59.2M), Uruguay ($52.6M), Argentina ($49.2M), Hong Kong ($17.2M), and Australia ($16.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Frozen Bovine Meat EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
China$4.04B (103%)
Philippines$76.5M (39.9%)
Egypt$72.6M (26.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Frozen Bovine Meat BY Brazil WERE (2021 - 2022):
Hong Kong-$401M (-67.8%)
Iran-$43.6M (-89%)
Switzerland-$24.7M (-73.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Frozen Bovine Meat were:
United States $5.72B
Australia $4.48B
In 2022, Brazil's main importing competitors in Frozen Bovine Meat were:
China $16.6B
South Korea $2.86B
United States $2.83B

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Trade Value of Frozen Bovine Meat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $160M
TOP IMPORT POTENTIALArgentina+ $23M

Frozen Bovine Meat’s highest export potential is United States. With an export gap of $160M.   Frozen Bovine Meat’s highest import potential is Argentina with an import gap of $23M.

See methodology.

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