Animal ProductsI (Harmonized System 1992 for Section)
2019 World Trade: $379B, Rnk 13 / 21
2019 Top Exporter | Top Importer: $29.7B | $45.3B, United States | China
2019 Product Complexity: -0.74, Rnk 17 / 21
2018 - 2019 Export Growth (CAGR): 0.87%, Rnk 4 / 21
2018 Mean Tariff: 47.8%, Rnk 1 / 21
2019 Share of World Trade: 2.09%, Rnk 13 / 21
Overview: This page contains the latest trade data of Animal Products. In 2019, Animal Products were the world's 13th most traded product, with a total trade of $379B. Between 2018 and 2019 the exports of Animal Products grew by 0.87%, from $375B to $379B. Trade in Animal Products represent 2.09% of total world trade.
Exports: In 2019 the top exporters of Animal Products were United States ($29.7B), Netherlands ($24.7B), Germany ($23.4B), New Zealand ($17.8B), and Brazil ($17.1B).
Imports: In 2019 the top importers of Animal Products were China ($45.3B), United States ($31.6B), Germany ($23.5B), Japan ($23.4B), and Italy ($16.6B).
Tariffs: In 2018 the average tariff for Animal Products was 47.8%, making it the 1st lowest tariff using the Section product classification.
The countries with the highest import tariffs for Animal Products are Austria (2.47k%), Cyprus (92.7%), Turkey (66.6%), Barbados (40.9%), and Morocco (35.6%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Switzerland (0%), and Australia (0.008%).
Ranking: Animal Products ranks 17th in the Product Complexity Index (PCI).
Trade By Country
Top Origin (2019): United States, $29.7B
Top Destination (2019): China, $45.3B
Animal Products are the world's 13th most traded product.
In 2019, the top exporters of Animal Products were United States ($29.7B), Netherlands ($24.7B), Germany ($23.4B), New Zealand ($17.8B), and Brazil ($17.1B).
In 2019, the top importers of Animal Products were China ($45.3B), United States ($31.6B), Germany ($23.5B), Japan ($23.4B), and Italy ($16.6B).
Trade by country
Between 2018 and 2019, the exports of Animal Products grew the fastest in Brazil ($1.81B), Australia ($1.21B), Spain ($1.06B), Argentina ($903M), and Canada ($875M).
Between 2018 and 2019, the fastest growing importers of Animal Products were China ($15.7B), Russia ($462M), United States ($319M), Saudi Arabia ($254M), and Mexico ($252M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Animal Products.
In 2019, market concentration measured using Shannon Entropy, was 5.45. This means that most of the exports of Animal Products are explained by 43 countries.
TOP NET EXPORTER (2019): New Zealand, $17.2B
TOP NET IMPORTER (2019): China, $29.3B
This map shows which countries export or import more of Animal Products. Each country is colored based on the difference in exports and imports of Animal Products during 2019.
In 2019, the countries that had a largest trade value in exports than in imports of Animal Products were New Zealand ($17.2B), Brazil ($14.8B), Australia ($13.6B), Norway ($11.3B), and India ($9.98B).
In 2019, the countries that had a largest trade value in imports than in exports of Animal Products were China ($29.3B), Japan ($21.4B), South Korea ($9.85B), Italy ($9.3B), and Hong Kong ($7.9B).
In 2019, the world most traded Animal Products, disaggragated by their HS6 level were Bovine cuts boneless, frozen ($25.7B), Shrimps and prawns, frozen ($19.5B), Cheese except fresh, grated, processed or... ($19.3B), Bovine cuts boneless, fresh or chilled ($17.6B), and Fish fillets, frozen ($15.8B)
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.
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