2023
Exports
$3.26BWorld Rnk 1 / 127
Flag Rnk 14 / 1208
2023
PRODUCT COMPLEXITY IN Sheep and Goat Meat
-1.56Rnk 952 / 1025
2023
Imports
$3.07MWorld Rnk 74 / 218
Flag Rnk 958 / 1207
2023
ECONOMIC COMPLEXITY of Australia
-0.28Rnk 75 / 132

About

Exports In 2023, Australia exported $3.26B in Sheep and Goat Meat, making it the 1st largest exporter of Sheep and Goat Meat in the world. At the same year, Sheep and Goat Meat was the 14th most exported product in Australia. The main destination of Sheep and Goat Meat exports from Australia are: United States ($863M), China ($758M), South Korea ($219M), United Arab Emirates ($174M), and Malaysia ($134M).

The fastest growing export markets for Sheep and Goat Meat of Australia between 2022 and 2023 were Kuwait ($47.1M), Iran ($42.4M), and Jordan ($16.6M).

Imports In 2023, Australia imported $3.07M in Sheep and Goat Meat, becoming the 74th largest importer of Sheep and Goat Meat in the world. At the same year, Sheep and Goat Meat was the 958th most imported product in Australia. Australia imports Sheep and Goat Meat primarily from: United Arab Emirates ($2.55M), New Zealand ($393k), Malaysia ($111k), and United States ($24.4k).

The fastest growing import markets in Sheep and Goat Meat for Australia between 2022 and 2023 were United Arab Emirates ($2.48M), Malaysia ($111k), and United States ($10k).

COMPANIES In 2023, leading companies such as JBS Foods (511) and Lawrence Wholesale (13) were at the forefront of shipping Sheep and Goat Meat from Australia to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
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 Sheep and Goat 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

Trade Balance

Color
EXPORTS (2023)$3.26B
IMPORTS (2023)$3.07M
NET TRADE (2023)$3.26B

In 2023, Australia exported $3.26B in Sheep and Goat Meat. The main destinations of Australia exports on Sheep and Goat Meat were United States ($863M), China ($758M), South Korea ($219M), United Arab Emirates ($174M), and Malaysia ($134M).

In 2023, Australia imported $3.07M in Sheep and Goat Meat, mainly from United Arab Emirates ($2.55M), New Zealand ($393k), Malaysia ($111k), and United States ($24.4k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Sheep and Goat Meat EXPORT MARKETS FOR Australia WERE (2022 - 2023):
Kuwait$47.1M (123%)
Iran$42.4M (1%)
Jordan$16.6M (37.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sheep and Goat Meat BY Australia WERE (2022 - 2023):
United States-$350M (-28.9%)
Malaysia-$77M (-36.5%)
Japan-$55.1M (-33.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Australia's main exporting competitors in Sheep and Goat Meat were:
In 2023, Australia's main importing competitors in Sheep and Goat Meat were:

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Trade Value of Sheep and Goat Meat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $8.96M
TOP IMPORT POTENTIALNew Zealand+ $324k

Sheep and Goat Meat’s highest export potential is Germany. With an export gap of $8.96M.   Sheep and Goat Meat’s highest import potential is New Zealand with an import gap of $324k.

See methodology.

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