Pig Meat0203 (Harmonized System 1992 for 4-digit)
2020 World Trade: $37.4B, Rnk 96 / 1217
2020 Top Exporter | Top Importer: $6.46B | $11.6B, China | Spain
2020 Product Complexity: 0.7, Rnk 277 / 1028
2019 - 2020 Export Growth (CAGR): 13.5%, Rnk 87 / 1217
2018 Mean Tariff: 21.8%, Rnk 83 / 1259
2020 Share of World Trade: 0.22%, Rnk 96 / 1217
Overview This page contains the latest trade data of Pig Meat. In 2020, Pig Meat were the world's 96th most traded product, with a total trade of $37.4B. Between 2019 and 2020 the exports of Pig Meat grew by 13.5%, from $32.9B to $37.4B. Trade in Pig Meat represent 0.22% of total world trade.
Pig Meat are a part of Meat and edible meat 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 2020 the top exporters of Pig Meat were Spain ($6.46B), United States ($5.88B), Germany ($4.87B), Denmark ($3.21B), and Canada ($3.18B).
Imports In 2020 the top importers of Pig Meat were China ($11.6B), Japan ($4.24B), Italy ($2.14B), Germany ($1.57B), and Poland ($1.45B).
Tariffs In 2018 the average tariff for Pig Meat was 21.8%, making it the 83rd lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Pig Meat are Norway (241%), Turkey (223%), and Iceland (223%). The countries with the lowest tariffs are Mauritius (0%), United Arab Emirates (0%), Hong Kong (0%), Kuwait (0%), and Singapore (0%).
Ranking Pig Meat ranks 277th in the Product Complexity Index (PCI).
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.
Trade By Country
Pig Meat are the world's 96th most traded product.
In 2020, the top exporters of Pig Meat were Spain ($6.46B), United States ($5.88B), Germany ($4.87B), Denmark ($3.21B), and Canada ($3.18B).
In 2020, the top importers of Pig Meat were China ($11.6B), Japan ($4.24B), Italy ($2.14B), Germany ($1.57B), and Poland ($1.45B).
Trade by country
Between 2019 and 2020, the exports of Pig Meat grew the fastest in Spain ($1.33B), United States ($835M), Brazil ($628M), Canada ($552M), and Denmark ($331M).
Between 2019 and 2020, the fastest growing importers of Pig Meat were China ($5.63B), Vietnam ($274M), Hong Kong ($157M), Canada ($115M), and Netherlands ($83.6M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Pig Meat.
In 2020, market concentration measured using Shannon Entropy, was 3.79. This means that most of the exports of Pig Meat are explained by 13 countries.
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 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Pig Meat were Spain ($6.25B), United States ($4.83B), Germany ($3.3B), Denmark ($2.92B), and Canada ($2.61B).
In 2020, the countries that had a largest trade value in imports than in exports of Pig Meat were China ($11.5B), Japan ($4.22B), Italy ($1.9B), South Korea ($1.3B), and Hong Kong ($782M).
In 2019, the world most traded Pig Meat, disaggragated by their HS6 level were Swine cuts, frozen nes ($18.2B), Swine cuts, fresh or chilled, nes ($9.93B), Swine hams, shoulders & cuts bone... ($3.55B), Hams, shoulders and cuts, of swine,... ($2.69B), and Swine carcasses and half carcasses, fresh... ($2.25B)
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.
In 2018, the average tariff for importing Pig Meat was 21.8%. The countries with the highest tariffs for importing Pig Meat were Norway (241%), Turkey (223%), and Iceland (223%).
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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