HS Icon Bovine carcasses and half carcasses, fresh or chilled

020110 (Harmonized System 1992 for 6-digit)

World Trade (2018): $2.02B, Rnk 1314 / 4726

Top Exporter (2018): $323M, Spain

Top Importer (2018): $402M, Netherlands

Product Complexity (2018): -0.042, Rnk 2708 / 4873

Export Growth (CAGR)(2017 - 2018): -1.96%, Rnk 3984 / 4726

Mean Tariff (2018): 21.2%, Rnk 530 / 6538

Share of World Trade (2018): 0.011%, Rnk 1314 / 4726

Overview:  This page contains the latest trade data of Bovine carcasses and half carcasses, fresh or chilled. In 2018, Bovine carcasses and half carcasses, fresh or chilled were the world's 1314th most traded product, with a total trade of $2.02B. Between 2017 and 2018 the exports of Bovine carcasses and half carcasses, fresh or chilled decreased by -1.96%, from  $2.06B to $2.02B. Trade in Bovine carcasses and half carcasses, fresh or chilled represent 0.011% of total world trade.

Exports: In 2018 the top exporters of Bovine carcasses and half carcasses, fresh or chilled  were Spain ($323M), Netherlands ($229M), France ($218M), Belgium-Luxembourg ($215M), and Germany ($163M).

Imports: In 2018 the top importers of Bovine carcasses and half carcasses, fresh or chilled were Netherlands ($402M), Italy ($362M), Portugal ($207M), France ($139M), and United Kingdom ($125M).

Tariffs: In 2018 the average tariff for Bovine carcasses and half carcasses, fresh or chilled was 21.2%, been the 530 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Bovine carcasses and half carcasses, fresh or chilled are Cyprus (201%), Morocco (177%), Iceland (101%), Israel (77.4%), and Colombia (76.4%). The countries with the lowest tariffs are Egypt (0%), Mauritius (0%), United Arab Emirates (0%), Hong Kong (0%), and Kuwait (0%).

Ranking: Bovine carcasses and half carcasses, fresh or chilled ranks 2708th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Spain, $323M

Top Destination (2018): Netherlands, $402M

Bovine carcasses and half carcasses, fresh or chilled are the world's 1314th most traded product.

In 2018, the top exporters of Bovine carcasses and half carcasses, fresh or chilled were Spain ($323M), Netherlands ($229M), France ($218M), Belgium-Luxembourg ($215M), and Germany ($163M).

In 2018, the top importers of Bovine carcasses and half carcasses, fresh or chilled were Netherlands ($402M), Italy ($362M), Portugal ($207M), France ($139M), and United Kingdom ($125M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Spain, $61.6M

Top Destination Growth (2017 - 2018): Portugal, $59M

Between 2017 and 2018, the exports of Bovine carcasses and half carcasses, fresh or chilled grew the fastest in Spain ($61.6M), France ($30.2M), Croatia ($7.63M), United Kingdom ($6.26M), and Kazakhstan ($4.77M).

Between 2017 and 2018, the fastest growing importers of Bovine carcasses and half carcasses, fresh or chilled were Portugal ($59M), Italy ($25.2M), Belgium-Luxembourg ($13.8M), Bahrain ($13.7M), and Greece ($12.9M).

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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 carcasses and half carcasses, fresh or chilled.

In 2018,  market concentration measured using Shannon Entropy, was 3.99. This means that most of the exports of Bovine carcasses and half carcasses, fresh or chilled are explained by 15 countries.

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TOP NET EXPORTER (2018): Spain, $278M

TOP NET IMPORTER (2018): Italy, $295M

This map shows which countries export or import more of Bovine carcasses and half carcasses, fresh or chilled. Each country is colored based on the difference in exports and imports of Bovine carcasses and half carcasses, fresh or chilled during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Bovine carcasses and half carcasses, fresh or chilled were Spain ($278M), Belgium-Luxembourg ($172M), Ireland ($146M), Pakistan ($123M), and Poland ($114M).

In 2018, the countries that had a largest trade value in imports than in exports of Bovine carcasses and half carcasses, fresh or chilled were Italy ($295M), Portugal ($191M), Netherlands ($173M), Greece ($102M), and United Kingdom ($63.1M).

Trade Forecasts

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This section shows forecasts for total trade for Bovine carcasses and half carcasses, fresh or chilled. 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 carcasses and half carcasses, fresh or chilled was 21.2%.  The countries with the highest tariffs for importing Bovine carcasses and half carcasses, fresh or chilled were Cyprus (201%), Morocco (177%), Iceland (101%), Israel (77.4%), and Colombia (76.4%).

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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.