Frozen Bovine Meat0202 (Harmonized System 1992 for 4-digit)
2020 World Trade: $26.9B, Rnk 133 / 1217
2020 Top Exporter | Top Importer: $6.69B | $9.01B, Brazil | China
2020 Product Complexity: -0.99, Rnk 835 / 1028
2019 - 2020 Export Growth (CAGR): false, Rnk 518 / 1217
2018 Mean Tariff: 22.8%, Rnk 69 / 1259
2020 Share of World Trade: 0.16%, Rnk 133 / 1217
Overview This page contains the latest trade data of Frozen Bovine Meat. In 2020, Frozen Bovine Meat were the world's 133rd most traded product, with a total trade of $26.9B. Between 2019 and 2020 the exports of Frozen Bovine Meat N/A by N/A, from $28.3B to $26.9B. Trade in Frozen Bovine Meat represent 0.16% of total world trade.
Frozen Bovine Meat are a part of Meat & edible offal. They include Bovine cuts boneless, frozen, Bovine cuts bone in, frozen, and Bovine carcasses and half carcasses, frozen.
Exports In 2020 the top exporters of Frozen Bovine Meat were Brazil ($6.69B), Australia ($4B), United States ($3.02B), India ($2.78B), and New Zealand ($2.1B).
Imports In 2020 the top importers of Frozen Bovine Meat were China ($9.01B), United States ($2.58B), Hong Kong ($2.29B), South Korea ($1.84B), and Japan ($1.39B).
Tariffs In 2018 the average tariff for Frozen Bovine Meat was 22.8%, making it the 69th lowest tariff using the HS4 product classification.
Ranking Frozen Bovine Meat ranks 835th in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Frozen Bovine Meat. 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
Frozen Bovine Meat are the world's 133rd most traded product.
In 2020, the top exporters of Frozen Bovine Meat were Brazil ($6.69B), Australia ($4B), United States ($3.02B), India ($2.78B), and New Zealand ($2.1B).
In 2020, the top importers of Frozen Bovine Meat were China ($9.01B), United States ($2.58B), Hong Kong ($2.29B), South Korea ($1.84B), and Japan ($1.39B).
Trade by country
Between 2019 and 2020, the exports of Frozen Bovine Meat grew the fastest in Brazil ($1B), Russia ($50.3M), Bolivia ($47.5M), Ireland ($43.1M), and Paraguay ($34.6M).
Between 2019 and 2020, the fastest growing importers of Frozen Bovine Meat were Hong Kong ($616M), United States ($406M), Canada ($121M), China ($114M), and Italy ($41.2M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Frozen Bovine Meat.
In 2020, market concentration measured using Shannon Entropy, was 3.69. This means that most of the exports of Frozen Bovine Meat are explained by 12 countries.
This map shows which countries export or import more of Frozen Bovine Meat. Each country is colored based on the difference in exports and imports of Frozen Bovine Meat during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Frozen Bovine Meat were Brazil ($6.59B), Australia ($3.97B), India ($2.78B), New Zealand ($2.08B), and Argentina ($2.04B).
In 2020, the countries that had a largest trade value in imports than in exports of Frozen Bovine Meat were China ($9B), Hong Kong ($2.23B), South Korea ($1.84B), Japan ($1.25B), and Egypt ($745M).
In 2020, the world most traded Frozen Bovine Meat, disaggragated by their HS6 level were Bovine cuts boneless, frozen ($24.8B), Bovine cuts bone in, frozen ($1.98B), and Bovine carcasses and half carcasses, frozen ($135M)
This visualization shows the countries that have an important ratio of their trade related to Frozen Bovine Meat. It is possible to select the main countries that export or import Frozen Bovine Meat 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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