Frozen Bovine Meat in Brazil 2020 Exports | Imports : $6.69B | $102M, World Rnk 1 / 121 Rnk 5 / 1202 | World Rnk 27 / 219 Rnk 266 / 1194
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $1.36B | $5.73M, China | Paraguay
2020 ECONOMIC COMPLEXITY of Brazil: 0.44, Rnk 47 / 127
2020 PRODUCT COMPLEXITY IN Frozen Bovine Meat: -0.98, Rnk 834 / 1029
Exports In 2020, Brazil exported $6.69B 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 5th most exported product in Brazil. The main destination of Frozen Bovine Meat exports from Brazil are: China ($4.04B), Hong Kong ($808M), Egypt ($395M), Russia ($185M), and Italy ($145M).
The fastest growing export markets for Frozen Bovine Meat of Brazil between 2019 and 2020 were China ($1.36B), United States ($95.7M), and Hong Kong ($57M).
Imports In 2020, Brazil imported $102M in Frozen Bovine Meat, becoming the 27th largest importer of Frozen Bovine Meat in the world. At the same year, Frozen Bovine Meat was the 266th most imported product in Brazil. Brazil imports Frozen Bovine Meat primarily from: Argentina ($48.3M), Uruguay ($25.9M), Paraguay ($15.7M), Australia ($8.89M), and United States ($1.17M).
The fastest growing import markets in Frozen Bovine Meat for Brazil between 2019 and 2020 were Paraguay ($5.73M), Argentina ($899k), and Singapore ($524k).
Tariffs In 2017, the average tariff for Brazil in Frozen Bovine Meat was 9.97%. The countries with the highest import tariffs for Frozen Bovine Meat were Angola (Most Favoured Nation duty rate treatement, 10.4%), Burundi (Most Favoured Nation duty rate treatement, 10.4%), Benin (Most Favoured Nation duty rate treatement, 10.4%), Burkina Faso (Most Favoured Nation duty rate treatement, 10.4%), and Botswana (Most Favoured Nation duty rate treatement, 10.4%).
January 2023
Overview In January 2023 Brazil's Frozen Bovine Meat exports accounted up to $713M and imports accounted up to $10.3M, resulting in a positive trade balance of $702M. Between January 2022 and January 2023 the exports of Brazil's Frozen Bovine Meat have increased by $42.2M (6.29%) from $671M to $713M, while imports decreased by $-2.13M (-17.1%) from $12.5M to $10.3M.
Destinations In January 2023, Frozen Bovine Meat were exported mostly to China ($483M), United States ($55.9M), Egypt ($17.9M), Hong Kong ($16.7M), and Russia ($14.9M), and were imported mostly from Uruguay ($3.98M), Paraguay ($3.57M), Argentina ($1.88M), and Australia ($907k).
Growth In January 2023, the increase in Frozen Bovine Meat's year-by-year exports was explained primarily by an increase in exports to United States ($70.5M or 1.04k%), Egypt ($58.7M or 514%), and China ($41.3M or 14.4%). In January 2023, the decrease in Frozen Bovine Meat's year-by-year imports was explained primarily by a decrease in imports from Argentina ($-4.86M or -57.9%).
EXPORT GROWTH (January 2022 - January 2023): $42.2M, (6.29%)
IMPORT GROWTH (January 2022 - January 2023): $-2.13M, (-17.1%)
MAIN EXPORTER (January 2023): São Paulo, $187M
MAIN DESTINATION (January 2023): China, $483M
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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EXPORTS (2020): $6.69B
IMPORTS (2020): $102M
NET TRADE (2020): $6.59B
In 2020, Brazil exported $6.69B in Frozen Bovine Meat. The main destinations of Brazil exports on Frozen Bovine Meat were China ($4.04B), Hong Kong ($808M), Egypt ($395M), Russia ($185M), and Italy ($145M).
In 2020, Brazil imported $102M in Frozen Bovine Meat, mainly from Argentina ($48.3M), Uruguay ($25.9M), Paraguay ($15.7M), Australia ($8.89M), and United States ($1.17M).
THE FASTEST GROWING Frozen Bovine Meat EXPORT MARKETS FOR Brazil WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Frozen Bovine Meat BY Brazil WERE (2019 - 2020):
In 2020, Brazil's main exporting competitors in Frozen Bovine Meat were:
In 2020, Brazil's main importing competitors in Frozen Bovine Meat were:
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