BovineBovine animals; live
0102 (Harmonized System 1992 for 4-digit)
2021 World Trade: $9.56B, Rnk 369 / 1217
2021 Top Exporter | Top Importer: $1.6B | $1.46B, France | Italy
2021 Product Complexity: -1.01, Rnk 836 / 1024
2020 - 2021 Export Growth (CAGR): 4.3%, Rnk 1081 / 1217
2018 Mean Tariff: 11.3%, Rnk 343 / 1259
2021 Share of World Trade: 0.00045%, Rnk 369 / 1217
Overview This page contains the latest trade data of Bovine. In 2021, Bovine were the world's 369th most traded product, with a total trade of $9.56B. Between 2020 and 2021 the exports of Bovine grew by 4.3%, from $9.16B to $9.56B. Trade in Bovine represent 0.00045% of total world trade.
Bovine are a part of Live animals. They include Bovine animals, live, except pure-bred breeding and Bovine animals, live pure-bred breeding.
Exports In 2021 the top exporters of Bovine were France ($1.6B), Australia ($1.08B), Canada ($878M), Mexico ($549M), and United States ($531M).
Imports In 2021 the top importers of Bovine were Italy ($1.46B), United States ($1.43B), China ($751M), Vietnam ($480M), and Indonesia ($468M).
Tariffs In 2018 the average tariff for Bovine was 11.3%, making it the 343rd lowest tariff using the HS4 product classification.
Ranking Bovine ranks 836th in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Bovine. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Bovine are the world's 369th most traded product.
In 2021, the top exporters of Bovine were France ($1.6B), Australia ($1.08B), Canada ($878M), Mexico ($549M), and United States ($531M).
In 2021, the top importers of Bovine were Italy ($1.46B), United States ($1.43B), China ($751M), Vietnam ($480M), and Indonesia ($468M).
Trade by country
Top Origin Growth (2020 - 2021): United States, $236M
Top Destination Growth (2020 - 2021): China, $247M
Between 2020 and 2021, the exports of Bovine grew the fastest in United States ($236M), New Zealand ($213M), Venezuela ($115M), Uruguay ($107M), and Kazakhstan ($56.1M).
Between 2020 and 2021, the fastest growing importers of Bovine were China ($247M), Canada ($162M), Egypt ($136M), Italy ($107M), and Israel ($95.9M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Bovine.
In 2021, market concentration measured using Shannon Entropy, was 4.68. This means that most of the exports of Bovine are explained by 25 countries.
This map shows which countries export or import more of Bovine. Each country is colored based on the difference in exports and imports of Bovine during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Bovine were France ($1.54B), Australia ($1.08B), Canada ($516M), Mexico ($429M), and New Zealand ($389M).
In 2021, the countries that had a largest trade value in imports than in exports of Bovine were Italy ($1.45B), United States ($896M), China ($692M), Vietnam ($476M), and Egypt ($252M).
In 2021, the world most traded Bovine, disaggragated by their HS6 level were Bovine animals, live, except pure-bred breeding ($7.95B) and Bovine animals, live pure-bred breeding ($1.61B)
This visualization shows the countries that have an important ratio of their trade related to Bovine. It is possible to select the main countries that export or import Bovine in the world, or by continent, as well as select the measure of interest.
The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.
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