HS Icon Animal Organs

0504 (Harmonized System 1992 for 4-digit)

World Trade (2019): $5.33B, Rnk 474 / 1217

Top Exporter (2019): $1.05B, China

Top Importer (2019): $675M, Hong Kong

Product Complexity (2019): -1.03, Rnk 786 / 961

Export Growth (CAGR)(2018 - 2019): -6.8%, Rnk 837 / 1217

Mean Tariff (2018): 6.51%, Rnk 653 / 1259

Share of World Trade (2019): 0.029%, Rnk 474 / 1217

Overview:  This page contains the latest trade data of Animal Organs. In 2019, Animal Organs were the world's 474th most traded product, with a total trade of $5.33B. Between 2018 and 2019 the exports of Animal Organs decreased by -6.8%, from  $5.72B to $5.33B. Trade in Animal Organs represent 0.029% of total world trade.

Exports: In 2019 the top exporters of Animal Organs  were China ($1.05B), United States ($743M), Germany ($544M), Brazil ($390M), and Netherlands ($390M).

Imports: In 2019 the top importers of Animal Organs were Hong Kong ($675M), China ($653M), Germany ($569M), Netherlands ($311M), and Mexico ($246M).

Tariffs: In 2018 the average tariff for Animal Organs was 6.51%, making it the 653rd lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Animal Organs are Colombia (67.6%), Tunisia (36%), Cyprus (33.3%), Bahamas (31.2%), and Cameroon (29.4%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Japan (0%), and Lebanon (0%).

Ranking: Animal Organs ranks 786th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $1.05B

Top Destination (2019): Hong Kong, $675M

Animal Organs are the world's 474th most traded product.

In 2019, the top exporters of Animal Organs were China ($1.05B), United States ($743M), Germany ($544M), Brazil ($390M), and Netherlands ($390M).

In 2019, the top importers of Animal Organs were Hong Kong ($675M), China ($653M), Germany ($569M), Netherlands ($311M), and Mexico ($246M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): United States, $37.3M

Top Destination Growth (2018 - 2019): Mexico, $42.9M

Between 2018 and 2019, the exports of Animal Organs grew the fastest in United States ($37.3M), Denmark ($29M), Spain ($19.8M), Morocco ($15M), and Canada ($12.3M).

Between 2018 and 2019, the fastest growing importers of Animal Organs were Mexico ($42.9M), Ghana ($20.1M), South Korea ($16.3M), Spain ($11.2M), and Brazil ($6.79M).

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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 Animal Organs.

In 2019,  market concentration measured using Shannon Entropy, was 4.3. This means that most of the exports of Animal Organs are explained by 19 countries.

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TOP NET EXPORTER (2019): United States, $593M

TOP NET IMPORTER (2019): Hong Kong, $667M

This map shows which countries export or import more of Animal Organs. Each country is colored based on the difference in exports and imports of Animal Organs during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Animal Organs were United States ($593M), China ($395M), Brazil ($230M), New Zealand ($212M), and Australia ($181M).

In 2019, the countries that had a largest trade value in imports than in exports of Animal Organs were Hong Kong ($667M), Mexico ($225M), Japan ($223M), Vietnam ($149M), and France ($133M).

Disaggregation

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Value

In 2019, the world most traded Animal Organs, disaggragated by their HS6 level were Guts, bladders and stomachs of animals... ($5.33B)

Import Tariffs

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In 2018, the average tariff for importing Animal Organs was 6.51%.  The countries with the highest tariffs for importing Animal Organs were Colombia (67.6%), Tunisia (36%), Cyprus (33.3%), Bahamas (31.2%), and Cameroon (29.4%).

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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.