Frozen Bovine Meat in China | The Observatory of Economic Complexity

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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 USA FOOD COMPANY (12) were at the forefront of shipping Frozen Bovine Meat from China to the United States.

Latest Trends

February 2024

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Overview In February 2024 China's Frozen Bovine Meat exports accounted up to $110k and imports accounted up to $1.02B, resulting in a negative trade balance of $1.02B. Between December 2022 and February 2024 the exports of China's Frozen Bovine Meat have increased by $109k (7.35k%) from $1.48k to $110k, while imports increased by $42.5M (4.35%) from $978M to $1.02B.

Destinations In February 2024, Frozen Bovine Meat were exported mostly to North Korea ($110k), and were imported mostly from Brazil ($458M), Argentina ($186M), Uruguay ($97.7M), Australia ($92.2M), and United States ($67.7M).

Growth In February 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 February 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

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (December 2022 - February 2024)$109k(7.35k%)

IMPORT GROWTH (February 2023 - February 2024)$42.5M(4.35%)

MAIN EXPORTER (February 2024)Liaoning Province$121k

MAIN DESTINATION (February 2024)North Korea$110k

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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