HS Icon Sheep and Goats

0104 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Sheep and Goats. In 2020, Sheep and Goats were the world's 793rd most traded product, with a total trade of $1.46B. Between 2019 and 2020 the exports of Sheep and Goats decreased by -20.6%, from $1.84B to $1.46B. Trade in Sheep and Goats represent 0.0087% of total world trade.

Sheep and Goats are a part of Live animals. They include Sheep, liveand Goats, live.

Exports In 2020 the top exporters of Sheep and Goats  were Romania ($285M), Spain ($204M), Sudan ($143M), Jordan ($142M), and Australia ($98.2M).

Imports In 2020 the top importers of Sheep and Goats were Saudi Arabia ($391M), Kuwait ($200M), Jordan ($166M), Qatar ($110M), and Libya ($78.4M).

Tariffs In 2018 the average tariff for Sheep and Goats was 15%, making it the 183rd lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Sheep and Goats are Norway (97%), Morocco (91.8%), Austria (89.1%), and Turkey (58.3%). The countries with the lowest tariffs are Angola (0%), Egypt (0%), Mauritius (0%), South Africa (0%), and United Arab Emirates (0%).

Ranking Sheep and Goats ranks 977th in the Product Complexity Index (PCI).

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Sheep and Goats. 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): Romania, $285M

Top Destination (2020): Saudi Arabia, $391M

Sheep and Goats are the world's 793rd most traded product.

In 2020, the top exporters of Sheep and Goats were Romania ($285M), Spain ($204M), Sudan ($143M), Jordan ($142M), and Australia ($98.2M).

In 2020, the top importers of Sheep and Goats were Saudi Arabia ($391M), Kuwait ($200M), Jordan ($166M), Qatar ($110M), and Libya ($78.4M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): Spain, $33.5M

Top Destination Growth (2019 - 2020): Jordan, $66.4M

Between 2019 and 2020, the exports of Sheep and Goats grew the fastest in Spain ($33.5M), Lebanon ($20.1M), Saudi Arabia ($18.4M), South Africa ($8.89M), and Armenia ($8.76M).

Between 2019 and 2020, the fastest growing importers of Sheep and Goats were Jordan ($66.4M), Kuwait ($26.1M), Ireland ($9.01M), Lebanon ($5.99M), and Germany ($3.56M).

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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 Goats.

In 2020,  market concentration measured using Shannon Entropy, was 4.2. This means that most of the exports of Sheep and Goats are explained by 18 countries.

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TOP NET EXPORTER (2020): Romania, $278M

TOP NET IMPORTER (2020): Saudi Arabia, $353M

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

In 2020, the countries that had a largest trade value in exports than in imports of Sheep and Goats were Romania ($278M), Spain ($181M), Sudan ($143M), Australia ($98.2M), and Iran ($53.7M).

In 2020, the countries that had a largest trade value in imports than in exports of Sheep and Goats were Saudi Arabia ($353M), Kuwait ($195M), Italy ($61.8M), Israel ($49.9M), and United Arab Emirates ($38.9M).

Disaggregation

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Value

In 2019, the world most traded Sheep and Goats, disaggragated by their HS6 level were Sheep, live ($1.35B)and Goats, live ($110M)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Sheep and Goats.
It is possible to select the main countries that export or import Sheep and Goats 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 Goats was 15%. The countries with the highest tariffs for importing Sheep and Goats were Norway (97%), Morocco (91.8%), Austria (89.1%), and Turkey (58.3%).

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 Goats to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.