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2022
Exports $7.36MWorld Rnk 52 / 141
Flag Rnk 1106 / 1216
2022
Destination $798k Hong Kong
2021 - 2022
FASTEST GROWING MARKET $798kLithuania
2022
PRODUCT COMPLEXITY IN Frozen Bovine Meat-1.24Rnk 891 / 1025
2022
Imports $16.6BWorld Rnk 1 / 219
Flag Rnk 21 / 1212
2022
Origin $4.04B Brazil
2021 - 2022
FASTEST GROWING ORIGIN $4.04BBrazil
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $7.36M in Frozen Bovine Meat, making it the 52nd largest exporter of Frozen Bovine Meat in the world. At the same year, Frozen Bovine Meat was the 1106th most exported product in China. The main destination of Frozen Bovine Meat exports from China are: Hong Kong ($5.64M), Lithuania ($798k), United States ($224k), Singapore ($135k), and Senegal ($100k).

The fastest growing export markets for Frozen Bovine Meat of China between 2021 and 2022 were Lithuania ($798k), United States ($224k), and Singapore ($135k).

Imports In 2022, China imported $16.6B in Frozen Bovine Meat, becoming the 1st largest importer of Frozen Bovine Meat in the world. At the same year, Frozen Bovine Meat was the 21st most imported product in China. China imports Frozen Bovine Meat primarily from: Brazil ($7.95B), Argentina ($2.27B), United States ($1.69B), Uruguay ($1.48B), and New Zealand ($1.26B).

The fastest growing import markets in Frozen Bovine Meat for China between 2021 and 2022 were Brazil ($4.04B), Argentina ($588M), and United States ($407M).

COMPANIES In 2023, leading companies such as JBS Foods (1) were at the forefront of shipping Frozen Bovine Meat from China to the United States.

Latest Trends

November 2024

About

Overview In November 2024 China's Frozen Bovine Meat exports accounted up to $317k and imports accounted up to $1.15B, resulting in a negative trade balance of $1.15B. Between November 2023 and November 2024 the exports of China's   Frozen Bovine Meat have increased by $79.7k (33.6%) from $237k to $317k, while imports increased by $51.7M (4.69%) from $1.1B to $1.15B.

Destinations In November 2024, Frozen Bovine Meat were exported mostly to Hong Kong ($241k) and North Korea ($76k), and were imported mostly from Brazil ($650M), Argentina ($202M), United States ($104M), Australia ($59.9M), and Uruguay ($55.5M).

Growth In November 2024, the increase in Frozen Bovine Meat's year-by-year exports was explained primarily by an increase in exports to Hong Kong ($80.5k or 213%). In November 2024, the increase in Frozen Bovine Meat's year-by-year imports was explained primarily by an increase in imports from Brazil ($492M or 555%), Australia ($8.33M or 7.67%), and Bolivia ($6.48M or 210%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$79.7k(33.6%)
IMPORT GROWTH (November 2023 - November 2024)$51.7M(4.69%)
MAIN EXPORTER (November 2024)Liaoning Province$276k
MAIN DESTINATION (November 2024)Hong Kong$241k

This section shows Frozen Bovine Meat's exports and imports data at subnational level for China. 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)$7.36M
IMPORTS (2022)$16.6B
NET TRADE (2022)-$16.6B

In 2022, China exported $7.36M in Frozen Bovine Meat. The main destinations of China exports on Frozen Bovine Meat were Hong Kong ($5.64M), Lithuania ($798k), United States ($224k), Singapore ($135k), and Senegal ($100k).

In 2022, China imported $16.6B in Frozen Bovine Meat, mainly from Brazil ($7.95B), Argentina ($2.27B), United States ($1.69B), Uruguay ($1.48B), and New Zealand ($1.26B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Frozen Bovine Meat EXPORT MARKETS FOR China WERE (2021 - 2022):
Lithuania$798k (1%)
United States$224k (1%)
Singapore$135k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Frozen Bovine Meat BY China WERE (2021 - 2022):
Hong Kong-$704k (-11.1%)
United Arab Emirates-$201k (-91.6%)
Saudi Arabia-$188k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Frozen Bovine Meat were:
Brazil $11B
United States $5.72B
Australia $4.48B
In 2022, China's main importing competitors in Frozen Bovine Meat were:
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 POTENTIALHong Kong+ $1.29M
TOP IMPORT POTENTIALUnited States+ $94.9M

Frozen Bovine Meat’s highest export potential is Hong Kong. With an export gap of $1.29M.   Frozen Bovine Meat’s highest import potential is United States with an import gap of $94.9M.

See methodology.

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