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Bovine animals; live

0102 (Harmonized System 1992 for 4-digit)

2023
World Trade $10.9BRnk 344 / 1217
2023
Top Exporter | Top Importer $2.05B | $2.42BFrance | United States
2023
Product Complexity -0.94Rnk 838 / 1044
2022 - 2023
Export Growth (CAGR) 14.4%Rnk 101 / 1217
2023
Share of World Trade 0.048%Rnk 344 / 1217

About

Overview This page contains the latest trade data of Bovine. In 2023, Bovine were the world's 344th most traded product, with a total trade of $10.9B. Between 2022 and 2023 the exports of Bovine grew by 14.4%, from $9.55B to $10.9B. Trade in Bovine represent 0.048% of total world trade.

Bovine are a part of Live animals. They include Non-breeding Cattle and Pure-bred Breeding Cattle.

Exports In 2023 the top exporters of Bovine  were France ($2.05B), Canada ($1.34B), Mexico ($1.08B), Australia ($816M), and Brazil ($599M).

Imports In 2023 the top importers of Bovine were United States ($2.42B), Italy ($1.92B), Turkey ($1.13B), Netherlands ($451M), and Lebanon ($346M).

Ranking Bovine ranks 838th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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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.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)France$2.05B
Top Destination (2023)United States$2.42B

In 2023 Bovine were the world's 344th most traded product (out of 1,217).

In 2023, the top exporters of Bovine were France ($2.05B), Canada ($1.34B), Mexico ($1.08B), Australia ($816M), and Brazil ($599M).

In 2023, the top importers of Bovine were United States ($2.42B), Italy ($1.92B), Turkey ($1.13B), Netherlands ($451M), and Lebanon ($346M).

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Exporters of Bovine (2023)
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Importers of Bovine (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Mexico$462M
Top Destination Growth (2022 -  2023)Turkey$968M

Between 2022 and 2023, the exports of Bovine grew the fastest in Mexico ($462M), Brazil ($416M), France ($366M), Canada ($179M), and Uruguay ($161M).

Between 2022 and 2023, the fastest growing importers of Bovine were Turkey ($968M), United States ($641M), Italy ($400M), Lebanon ($178M), and Morocco ($149M).

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Exporters of Bovine (2022 - 2023)

Importers of Bovine (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bovine.

In 2023, market concentration measured using Shannon Entropy, was 4.49. This means that most of the exports of Bovine are explained by 22 countries.

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Value of Exports in Bovine

Net Trade

TOP NET EXPORTER (2023)France$1.97B
TOP NET IMPORTER (2023)United States$2B

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Bovine were France ($1.97B), Mexico ($1.03B), Canada ($1.02B), Australia ($816M), and Brazil ($598M).

In 2023, the countries that had a largest trade value in imports than in exports of Bovine were United States ($2B), Italy ($1.89B), Turkey ($1.13B), China ($240M), and Egypt ($194M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Bovine, disaggragated by their HS6 level were Non-breeding Cattle ($9.68B) and Pure-bred Breeding Cattle ($1.24B)

HS6 Disaggregation for Bovine (2023)
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Country Comparison

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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.

Top 10 Exporters Countries of Bovine by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIran+ $266k
TOP IMPORT POTENTIALFrance+ $4.85k

Bovine’s highest export potential is Iran. With an export gap of $266k.  Bovine’s highest import potential is France with an import gap of $4.85k.

See methodology.

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Product Complexity

Diversification Frontier

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.

Relatedness vs Country Complexity (2023)

Related Products

This visualization shows products that are likely to be exported by countries that export Bovine.

Country by Relatedness

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.

Relative Relatedness by Country (2023)

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