HS Icon Bovine

Bovine animals; live

0102 (Harmonized System 1992 for 4-digit)

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).

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Y-AXIS SCALE

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.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): France, $1.6B

Top Destination (2021): Italy, $1.46B

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).

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Market Dynamics

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Trade by country

Color

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).

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Market Concentration

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Cumulative market share

Value

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.

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TOP NET EXPORTER (2021): France, $1.54B

TOP NET IMPORTER (2021): Italy, $1.45B

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).

Disaggregation

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Value

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)

Country Comparison

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Flow
Measure
Ranking

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.

Product Complexity

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Diversification Frontier

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Specialization

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.

Country by Relatedness

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The following visualization shows the relatedness of Bovine to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.