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Bovine cuts bone in, frozen

020220 (Harmonized System 1992 for 6-digit)

2022
World Trade $3.14BRnk 1125 / 4648
2022
Top Exporter | Top Importer $1.21B | $1.23BUnited States | China
2022
Product Complexity -1.09Rnk 3931 / 4653
2021 - 2022
Export Growth (CAGR) 16.9%Rnk 991 / 4648
2022
Share of World Trade 0.013%Rnk 1125 / 4648

About

Overview This page contains the latest trade data of Frozen Beef Cuts with Bone. In 2022, Frozen Beef Cuts with Bone were the world's 1125th most traded product, with a total trade of $3.14B. Between 2021 and 2022 the exports of Frozen Beef Cuts with Bone grew by 16.9%, from $2.69B to $3.14B. Trade in Frozen Beef Cuts with Bone represent 0.013% of total world trade.

Frozen Beef Cuts with Bone are a part of Frozen Bovine Meat.

Exports In 2022 the top exporters of Frozen Beef Cuts with Bone  were United States ($1.21B), Australia ($409M), New Zealand ($308M), Uruguay ($291M), and Argentina ($192M).

Imports In 2022 the top importers of Frozen Beef Cuts with Bone were China ($1.23B), South Korea ($1.14B), Indonesia ($72.1M), Hong Kong ($54.8M), and United States ($48.3M).

Ranking Frozen Beef Cuts with Bone ranks 3931st in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Frozen Beef Cuts with Bone. 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$1.21B
Top Destination (2022)China$1.23B

In 2022 Frozen Beef Cuts with Bone were the world's 1125th most traded product (out of 4,648).

In 2022, the top exporters of Frozen Beef Cuts with Bone were United States ($1.21B), Australia ($409M), New Zealand ($308M), Uruguay ($291M), and Argentina ($192M).

In 2022, the top importers of Frozen Beef Cuts with Bone were China ($1.23B), South Korea ($1.14B), Indonesia ($72.1M), Hong Kong ($54.8M), and United States ($48.3M).

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Exporters of Frozen Beef Cuts with Bone (2022)
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Importers of Frozen Beef Cuts with Bone (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$390M
Top Destination Growth (2021 -  2022)South Korea$338M

Between 2021 and 2022, the exports of Frozen Beef Cuts with Bone grew the fastest in United States ($390M), Canada ($35.7M), Chile ($35.2M), New Zealand ($33.2M), and Poland ($16.5M).

Between 2021 and 2022, the fastest growing importers of Frozen Beef Cuts with Bone were South Korea ($338M), China ($83.4M), Chinese Taipei ($20.1M), Malaysia ($16.4M), and Japan ($15M).

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Exporters of Frozen Beef Cuts with Bone (2021 - 2022)

Importers of Frozen Beef Cuts with Bone (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Frozen Beef Cuts with Bone.

In 2022, market concentration measured using Shannon Entropy, was 3.31. This means that most of the exports of Frozen Beef Cuts with Bone are explained by 9 countries.

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Value of Exports in Frozen Beef Cuts with Bone

Net Trade

TOP NET EXPORTER (2022)United States$1.16B
TOP NET IMPORTER (2022)China$1.23B

This map shows which countries export or import more of Frozen Beef Cuts with Bone. Each country is colored based on the difference in exports and imports of Frozen Beef Cuts with Bone during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Frozen Beef Cuts with Bone were United States ($1.16B), Australia ($405M), New Zealand ($308M), Uruguay ($288M), and Argentina ($192M).

In 2022, the countries that had a largest trade value in imports than in exports of Frozen Beef Cuts with Bone were China ($1.23B), South Korea ($1.14B), Hong Kong ($42.2M), Chinese Taipei ($39.1M), and Malaysia ($36.7M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Frozen Beef Cuts with Bone 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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