HS Icon Bovine animals, live, except pure-bred breeding

010290 (Harmonized System 1992 for 6-digit)

World Trade (2018): $8.33B, Rnk 380 / 4726

Top Exporter (2018): $1.63B, France

Top Importer (2018): $1.59B, United States

Product Complexity (2018): -0.7, Rnk 3628 / 4873

Export Growth (CAGR)(2017 - 2018): 20%, Rnk 1376 / 4726

Mean Tariff (2018): 16%, Rnk 960 / 6538

Share of World Trade (2018): 0.045%, Rnk 380 / 4726

Overview:  This page contains the latest trade data of Bovine animals, live, except pure-bred breeding. In 2018, Bovine animals, live, except pure-bred breeding were the world's 380th most traded product, with a total trade of $8.33B. Between 2017 and 2018 the exports of Bovine animals, live, except pure-bred breeding grew by 20%, from  $6.94B to $8.33B. Trade in Bovine animals, live, except pure-bred breeding represent 0.045% of total world trade.

Exports: In 2018 the top exporters of Bovine animals, live, except pure-bred breeding  were France ($1.63B), Australia ($995M), Canada ($811M), Mexico ($779M), and Brazil ($543M).

Imports: In 2018 the top importers of Bovine animals, live, except pure-bred breeding were United States ($1.59B), Italy ($1.38B), Turkey ($920M), Indonesia ($486M), and China ($401M).

Tariffs: In 2018 the average tariff for Bovine animals, live, except pure-bred breeding was 16%, been the 960 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Bovine animals, live, except pure-bred breeding are Turkey (90%), Morocco (81.9%), Slovakia (81.7%), Czechia (81.7%), and Cyprus (67.3%). The countries with the lowest tariffs are Angola (0%), Egypt (0%), Mauritius (0%), South Africa (0%), and United Arab Emirates (0%).

Ranking: Bovine animals, live, except pure-bred breeding ranks 3628th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): France, $1.63B

Top Destination (2018): United States, $1.59B

Bovine animals, live, except pure-bred breeding are the world's 380th most traded product.

In 2018, the top exporters of Bovine animals, live, except pure-bred breeding were France ($1.63B), Australia ($995M), Canada ($811M), Mexico ($779M), and Brazil ($543M).

In 2018, the top importers of Bovine animals, live, except pure-bred breeding were United States ($1.59B), Italy ($1.38B), Turkey ($920M), Indonesia ($486M), and China ($401M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Burma, $388M

Top Destination Growth (2017 - 2018): China, $335M

Between 2017 and 2018, the exports of Bovine animals, live, except pure-bred breeding grew the fastest in Burma ($388M), France ($250M), Brazil ($248M), Australia ($164M), and Thailand ($151M).

Between 2017 and 2018, the fastest growing importers of Bovine animals, live, except pure-bred breeding were China ($335M), Italy ($238M), Turkey ($167M), Laos ($145M), and Palestine ($91.8M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Bovine animals, live, except pure-bred breeding.

In 2018,  market concentration measured using Shannon Entropy, was 4.24. This means that most of the exports of Bovine animals, live, except pure-bred breeding are explained by 18 countries.

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TOP NET EXPORTER (2018): France, $1.58B

TOP NET IMPORTER (2018): United States, $1.41B

This map shows which countries export or import more of Bovine animals, live, except pure-bred breeding. Each country is colored based on the difference in exports and imports of Bovine animals, live, except pure-bred breeding during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Bovine animals, live, except pure-bred breeding were France ($1.58B), Australia ($995M), Mexico ($757M), Canada ($669M), and Brazil ($543M).

In 2018, the countries that had a largest trade value in imports than in exports of Bovine animals, live, except pure-bred breeding were United States ($1.41B), Italy ($1.37B), Turkey ($919M), China ($341M), and Egypt ($147M).

Trade Forecasts

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This section shows forecasts for total trade for Bovine animals, live, except pure-bred breeding. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Bovine animals, live, except pure-bred breeding was 16%.  The countries with the highest tariffs for importing Bovine animals, live, except pure-bred breeding were Turkey (90%), Morocco (81.9%), Slovakia (81.7%), Czechia (81.7%), and Cyprus (67.3%).

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Product Complexity

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Diversification Frontier

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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.