HS Icon Sheep and Goat Meat

0204 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Sheep and Goat Meat. In 2020, Sheep and Goat Meat were the world's 381st most traded product, with a total trade of $7.42B. Between 2019 and 2020 the exports of Sheep and Goat Meat decreased by -7.21%, from $7.99B to $7.42B. Trade in Sheep and Goat Meat represent 0.044% of total world trade.

Sheep and Goat Meat are a part of Meat and edible meat offal. They include Sheep cuts, bone in, frozen, Sheep cuts, bone in, fresh or chilled, Lamb carcasses and half carcasses, fresh or chilled, Sheep cuts, boneless, frozen, Sheep cuts, boneless, fresh or chilled, Goat meat, fresh, chilled or frozen, Sheep carcasses and half carcasses, fresh or chilled, Lamb carcasses and half carcasses, frozen, and Sheep carcasses and half carcasses, frozen.

Exports In 2020 the top exporters of Sheep and Goat Meat  were Australia ($2.7B), New Zealand ($2.57B), United Kingdom ($577M), Ireland ($366M), and Spain ($225M).

Imports In 2020 the top importers of Sheep and Goat Meat were China ($1.79B), United States ($945M), France ($593M), United Kingdom ($420M), and Germany ($410M).

Tariffs In 2018 the average tariff for Sheep and Goat Meat was 18.6%, making it the 123rd lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Sheep and Goat Meat are Norway (175%), Turkey (206%), and Morocco (184%). The countries with the lowest tariffs are Egypt (0%), Mauritius (0%), Hong Kong (0%), Japan (0%), and Maldives (0%).

Ranking Sheep and Goat Meat ranks 946th in the Product Complexity Index (PCI).

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The following visualization shows the latest trends on Sheep and Goat 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.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2020): Australia, $2.7B

Top Destination (2020): China, $1.79B

Sheep and Goat Meat are the world's 381st most traded product.

In 2020, the top exporters of Sheep and Goat Meat were Australia ($2.7B), New Zealand ($2.57B), United Kingdom ($577M), Ireland ($366M), and Spain ($225M).

In 2020, the top importers of Sheep and Goat Meat were China ($1.79B), United States ($945M), France ($593M), United Kingdom ($420M), and Germany ($410M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): United Kingdom, $56.1M

Top Destination Growth (2019 - 2020): Malaysia, $32.4M

Between 2019 and 2020, the exports of Sheep and Goat Meat grew the fastest in United Kingdom ($56.1M), Ireland ($41.6M), Sudan ($9.14M), Pakistan ($6.83M), and Uruguay ($6.41M).

Between 2019 and 2020, the fastest growing importers of Sheep and Goat Meat were Malaysia ($32.4M), United Kingdom ($24.7M), France ($24M), Sweden ($14.5M), and Chinese Taipei ($12.2M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Sheep and Goat Meat.

In 2020,  market concentration measured using Shannon Entropy, was 2.69. This means that most of the exports of Sheep and Goat Meat are explained by 6 countries.

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TOP NET EXPORTER (2020): Australia, $2.7B

TOP NET IMPORTER (2020): China, $1.77B

This map shows which countries export or import more of Sheep and Goat Meat. Each country is colored based on the difference in exports and imports of Sheep and Goat Meat during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Sheep and Goat Meat were Australia ($2.7B), New Zealand ($2.56B), Ireland ($303M), Spain ($190M), and United Kingdom ($157M).

In 2020, the countries that had a largest trade value in imports than in exports of Sheep and Goat Meat were China ($1.77B), United States ($927M), France ($528M), Germany ($366M), and United Arab Emirates ($315M).

Disaggregation

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Value

In 2019, the world most traded Sheep and Goat Meat, disaggragated by their HS6 level were Sheep cuts, bone in, frozen ($3B), Sheep cuts, bone in, fresh or... ($1.18B), Lamb carcasses and half carcasses, fresh... ($924M), Sheep cuts, boneless, frozen ($865M), and Sheep cuts, boneless, fresh or chilled ($477M)

Country Comparison

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Ranking

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

Import Tariffs

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In 2018, the average tariff for importing Sheep and Goat Meat was 18.6%. The countries with the highest tariffs for importing Sheep and Goat Meat were Norway (175%), Turkey (206%), and Morocco (184%).

Product Complexity

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Diversification Frontier

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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

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