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Meat of swine; fresh, chilled or frozen

0203 (Harmonized System 1992 for 4-digit)

2022
World Trade $34BRnk 136 / 1218
2022
Top Exporter | Top Importer $5.92B | $4.34BSpain | China
2022
Product Complexity 0.63Rnk 316 / 1033
2021 - 2022
Export Growth (CAGR) -7.61%Rnk 1078 / 1218
2022
Share of World Trade 0.14%Rnk 136 / 1218

About

Overview This page contains the latest trade data of Pig Meat. In 2022, Pig Meat were the world's 136th most traded product, with a total trade of $34B. Between 2021 and 2022 the exports of Pig Meat decreased by -7.61%, from $36.8B to $34B. Trade in Pig Meat represent 0.14% of total world trade.

Pig Meat are a part of Meat & edible offal. They include Other Frozen Pork Cuts, Other Fresh/Chilled Pork Cuts, Fresh/Chilled Pork Cuts (Hams, Shoulders & Bone-in), Fresh/Chilled Pork (Whole & Halves), Frozen Pork Cuts (Hams, Shoulders & Bone-in), and Frozen Pork (Whole & Halves).

Exports In 2022 the top exporters of Pig Meat  were Spain ($5.92B), United States ($5.38B), Germany ($3.8B), Canada ($2.97B), and Denmark ($2.89B).

Imports In 2022 the top importers of Pig Meat were China ($4.34B), Japan ($4.03B), Italy ($2.33B), Mexico ($2.16B), and South Korea ($1.89B).

Ranking Pig Meat ranks 316th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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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.

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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)Spain$5.92B
Top Destination (2022)China$4.34B

In 2022 Pig Meat were the world's 136th most traded product (out of 1,218).

In 2022, the top exporters of Pig Meat were Spain ($5.92B), United States ($5.38B), Germany ($3.8B), Canada ($2.97B), and Denmark ($2.89B).

In 2022, the top importers of Pig Meat were China ($4.34B), Japan ($4.03B), Italy ($2.33B), Mexico ($2.16B), and South Korea ($1.89B).

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Exporters of Pig Meat (2022)
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Importers of Pig Meat (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Belgium$88.4M
Top Destination Growth (2021 -  2022)Mexico$540M

Between 2021 and 2022, the exports of Pig Meat grew the fastest in Belgium ($88.4M), China ($35M), Hungary ($19.7M), Croatia ($15M), and Estonia ($9.21M).

Between 2021 and 2022, the fastest growing importers of Pig Meat were Mexico ($540M), Italy ($268M), Poland ($215M), United States ($164M), and Romania ($140M).

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Exporters of Pig Meat (2021 - 2022)

Importers of Pig Meat (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.78. This means that most of the exports of Pig Meat are explained by 13 countries.

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Value of Exports in Pig Meat

Net Trade

TOP NET EXPORTER (2022)Spain$5.66B
TOP NET IMPORTER (2022)China$4.16B

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Pig Meat were Spain ($5.66B), United States ($3.63B), Denmark ($2.59B), Canada ($2.42B), and Brazil ($2.42B).

In 2022, the countries that had a largest trade value in imports than in exports of Pig Meat were China ($4.16B), Japan ($4.01B), Italy ($2.16B), South Korea ($1.88B), and Mexico ($1.36B).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Pig Meat, disaggragated by their HS6 level were Other Frozen Pork Cuts ($15.4B), Other Fresh/Chilled Pork Cuts ($10.4B), Fresh/Chilled Pork Cuts (Hams, Shoulders &... ($4.28B), Fresh/Chilled Pork (Whole & Halves) ($2.29B), and Frozen Pork Cuts (Hams, Shoulders &... ($1.36B)

HS6 Disaggregation for Pig Meat (2022)
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Country Comparison

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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.

Top 10 Exporters Countries of Pig Meat by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $127M
TOP IMPORT POTENTIALCanada+ $103M

Pig Meat’s highest export potential is China. With an export gap of $127M.  Pig Meat’s highest import potential is Canada with an import gap of $103M.

See methodology.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Pig Meat.

Country by Relatedness

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.

Relative Relatedness by Country (2022)

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