HS Icon Pig Meat

Meat of swine; fresh, chilled or frozen

0203 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Pig Meat. In 2021, Pig Meat were the world's 119th most traded product, with a total trade of $36.9B. Between 2020 and 2021 the exports of Pig Meat decreased by -1.27%, from $37.4B to $36.9B. Trade in Pig Meat represent 0.0018% of total world trade.

Pig Meat are a part of Meat & edible offal. They include Swine cuts, frozen nes, Swine cuts, fresh or chilled, nes, Swine hams, shoulders & cuts bone in, fresh or chille, Swine carcasses and half carcasses, fresh or chilled, Hams, shoulders and cuts, of swine, bone in, frozen, and Swine carcasses and half carcasses, frozen.

Exports In 2021 the top exporters of Pig Meat  were Spain ($6.47B), United States ($5.84B), Germany ($3.96B), Canada ($3.27B), and Denmark ($3.19B).

Imports In 2021 the top importers of Pig Meat were China ($8.17B), Japan ($4.48B), Italy ($2.07B), South Korea ($1.77B), and Mexico ($1.62B).

Tariffs In 2018 the average tariff for Pig Meat was 21.8%, making it the 83rd lowest tariff using the HS4 product classification.

Ranking Pig Meat ranks 300th in the Product Complexity Index (PCI).

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Pig 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.

Explore Latest Trends

Historical Data

#permalink to section

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2021): Spain, $6.47B

Top Destination (2021): China, $8.17B

Pig Meat are the world's 119th most traded product.

In 2021, the top exporters of Pig Meat were Spain ($6.47B), United States ($5.84B), Germany ($3.96B), Canada ($3.27B), and Denmark ($3.19B).

In 2021, the top importers of Pig Meat were China ($8.17B), Japan ($4.48B), Italy ($2.07B), South Korea ($1.77B), and Mexico ($1.62B).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Color

Top Origin Growth (2020 -  2021): Brazil, $355M

Top Destination Growth (2020 -  2021): Philippines, $559M

Between 2020 and 2021, the exports of Pig Meat grew the fastest in Brazil ($355M), Canada ($91.7M), Austria ($65.4M), Russia ($52.5M), and Netherlands ($50.2M).

Between 2020 and 2021, the fastest growing importers of Pig Meat were Philippines ($559M), United States ($539M), Mexico ($522M), South Korea ($464M), and Japan ($242M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Pig Meat.

In 2021, market concentration measured using Shannon Entropy, was 3.82. This means that most of the exports of Pig Meat are explained by 14 countries.

Explore Visualizations

TOP NET EXPORTER (2021): Spain, $6.21B

TOP NET IMPORTER (2021): China, $8.04B

This map shows which countries export or import more of Pig Meat. Each country is colored based on the difference in exports and imports of Pig Meat during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Pig Meat were Spain ($6.21B), United States ($4.26B), Denmark ($2.87B), Canada ($2.64B), and Germany ($2.57B).

In 2021, the countries that had a largest trade value in imports than in exports of Pig Meat were China ($8.04B), Japan ($4.46B), Italy ($1.81B), South Korea ($1.76B), and Philippines ($820M).

Disaggregation

#permalink to section
Value

In 2021, the world most traded Pig Meat, disaggragated by their HS6 level were Swine cuts, frozen nes ($17.9B), Swine cuts, fresh or chilled, nes ($10.1B), Swine hams, shoulders & cuts bone... ($3.79B), Hams, shoulders and cuts, of swine,... ($2.51B), and Swine carcasses and half carcasses, fresh... ($2.2B)

Country Comparison

#permalink to section
Flow
Measure
Ranking

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

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
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

#permalink to section

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