HS Icon Preserved Meat

0210 (Harmonized System 1992 for 4-digit)

World Trade (2018): $4.79B, Rnk 517 / 1225

Top Exporter (2018): $1.06B, Italy

Top Importer (2018): $939M, United Kingdom

Product Complexity (2018): 0.34, Rnk 430 / 1018

Export Growth (CAGR)(2017 - 2018): 13.7%, Rnk 583 / 1225

Mean Tariff (2018): 20.2%, Rnk 106 / 1259

Share of World Trade (2018): 0.026%, Rnk 517 / 1225

Overview:  This page contains the latest trade data of Preserved Meat. In 2018, Preserved Meat were the world's 517th most traded product, with a total trade of $4.79B. Between 2017 and 2018 the exports of Preserved Meat grew by 13.7%, from  $4.21B to $4.79B. Trade in Preserved Meat represent 0.026% of total world trade.

Exports: In 2018 the top exporters of Preserved Meat  were Italy ($1.06B), Netherlands ($684M), Spain ($594M), Germany ($411M), and Thailand ($327M).

Imports: In 2018 the top importers of Preserved Meat were United Kingdom ($939M), Germany ($580M), France ($541M), Netherlands ($472M), and United States ($225M).

Tariffs: In 2018 the average tariff for Preserved Meat was 20.2%, been the 106 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Preserved Meat are Iceland (160%), Cyprus (114%), Turkey (111%), Canada (60.2%), and Estonia (47.1%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Bosnia and Herzegovina (0%), and Switzerland (0%).

Ranking: Preserved Meat ranks 430th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Italy, $1.06B

Top Destination (2018): United Kingdom, $939M

Preserved Meat are the world's 517th most traded product.

In 2018, the top exporters of Preserved Meat were Italy ($1.06B), Netherlands ($684M), Spain ($594M), Germany ($411M), and Thailand ($327M).

In 2018, the top importers of Preserved Meat were United Kingdom ($939M), Germany ($580M), France ($541M), Netherlands ($472M), and United States ($225M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Italy, $183M

Top Destination Growth (2017 - 2018): Germany, $145M

Between 2017 and 2018, the exports of Preserved Meat grew the fastest in Italy ($183M), Netherlands ($179M), Thailand ($152M), Spain ($93.8M), and Poland ($67.7M).

Between 2017 and 2018, the fastest growing importers of Preserved Meat were Germany ($145M), United Kingdom ($72.5M), France ($68.3M), Netherlands ($68.1M), and Sweden ($45M).

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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 Preserved Meat.

In 2018,  market concentration measured using Shannon Entropy, was 3.78. This means that most of the exports of Preserved Meat are explained by 13 countries.

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TOP NET EXPORTER (2018): Italy, $923M

TOP NET IMPORTER (2018): United Kingdom, $843M

This map shows which countries export or import more of Preserved Meat. Each country is colored based on the difference in exports and imports of Preserved Meat during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Preserved Meat were Italy ($923M), Spain ($525M), Thailand ($324M), Brazil ($264M), and Netherlands ($212M).

In 2018, the countries that had a largest trade value in imports than in exports of Preserved Meat were United Kingdom ($843M), France ($458M), Germany ($169M), Mexico ($95.4M), and Belgium-Luxembourg ($92.2M).

Trade Forecasts

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This section shows forecasts for total trade for Preserved Meat. 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 Preserved Meat was 20.2%.  The countries with the highest tariffs for importing Preserved Meat were Iceland (160%), Cyprus (114%), Turkey (111%), Canada (60.2%), and Estonia (47.1%).

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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.