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Semen bovine

051110 (Harmonized System 1992 for 6-digit)

2022
World Trade $582MRnk 2778 / 4648
2022
Top Exporter | Top Importer $297M | $103MUnited States | China
2022
Product Complexity 0.61Rnk 1439 / 4653
2021 - 2022
Export Growth (CAGR) 3.56%Rnk 2441 / 4648
2022
Share of World Trade 0.0025%Rnk 2778 / 4648

About

Overview This page contains the latest trade data of Bovine Semen. In 2022, Bovine Semen were the world's 2778th most traded product, with a total trade of $582M. Between 2021 and 2022 the exports of Bovine Semen grew by 3.56%, from $562M to $582M. Trade in Bovine Semen represent 0.0025% of total world trade.

Bovine Semen are a part of Other Inedible Animal Products.

Exports In 2022 the top exporters of Bovine Semen  were United States ($297M), Canada ($97.2M), Netherlands ($40.7M), Germany ($29.1M), and United Kingdom ($28.3M).

Imports In 2022 the top importers of Bovine Semen were China ($103M), Russia ($40.1M), United States ($35M), United Kingdom ($30.9M), and Brazil ($26.8M).

Ranking Bovine Semen ranks 1439th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Bovine Semen. 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 (2022)United States$297M
Top Destination (2022)China$103M

In 2022 Bovine Semen were the world's 2778th most traded product (out of 4,648).

In 2022, the top exporters of Bovine Semen were United States ($297M), Canada ($97.2M), Netherlands ($40.7M), Germany ($29.1M), and United Kingdom ($28.3M).

In 2022, the top importers of Bovine Semen were China ($103M), Russia ($40.1M), United States ($35M), United Kingdom ($30.9M), and Brazil ($26.8M).

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Exporters of Bovine Semen (2022)
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Importers of Bovine Semen (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Canada$6.24M
Top Destination Growth (2021 -  2022)China$18M

Between 2021 and 2022, the exports of Bovine Semen grew the fastest in Canada ($6.24M), Netherlands ($4.15M), United States ($3.11M), Kazakhstan ($2.58M), and New Zealand ($2.2M).

Between 2021 and 2022, the fastest growing importers of Bovine Semen were China ($18M), Russia ($13.9M), United States ($7.42M), Finland ($3.29M), and Kazakhstan ($2.52M).

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Exporters of Bovine Semen (2021 - 2022)

Importers of Bovine Semen (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 2.64. This means that most of the exports of Bovine Semen are explained by 6 countries.

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Value of Exports in Bovine Semen

Net Trade

TOP NET EXPORTER (2022)United States$262M
TOP NET IMPORTER (2022)Russia$40M

This map shows which countries export or import more of Bovine Semen. Each country is colored based on the difference in exports and imports of Bovine Semen during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Bovine Semen were United States ($262M), Canada ($87.7M), Netherlands ($17.8M), Germany ($8.06M), and Denmark ($7.09M).

In 2022, the countries that had a largest trade value in imports than in exports of Bovine Semen were Russia ($40M), Brazil ($22.7M), Italy ($15.6M), Argentina ($14.2M), and Japan ($12.9M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Bovine Semen.
It is possible to select the main countries that export or import Bovine Semen in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Bovine Semen by percentage of total exports

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 (2022)

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