HS Icon Bovine cuts boneless, fresh or chilled

020130 (Harmonized System 1992 for 6-digit)

Overview:  This page contains the latest trade data of Bovine cuts boneless, fresh or chilled. In 2019, Bovine cuts boneless, fresh or chilled were the world's 158th most traded product, with a total trade of $17.6B. Between 2018 and 2019 the exports of Bovine cuts boneless, fresh or chilled grew by 0.078%, from $17.6B to $17.6B. Trade in Bovine cuts boneless, fresh or chilled represent 0.097% of total world trade.

Exports: In 2019 the top exporters of Bovine cuts boneless, fresh or chilled  were United States ($3.26B), Australia ($2.64B), Netherlands ($1.58B), Canada ($1.57B), and Ireland ($1.48B).

Imports: In 2019 the top importers of Bovine cuts boneless, fresh or chilled were United States ($2.83B), Japan ($2.2B), Germany ($1.43B), Chile ($930M), and Netherlands ($919M).

Tariffs: In 2018 the average tariff for Bovine cuts boneless, fresh or chilled was 20.9%, making it the 555th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Bovine cuts boneless, fresh or chilled are Norway (256%), Turkey (225%), Morocco (177%), Cyprus (135%), and Iceland (130%). The countries with the lowest tariffs are Egypt (0%), Mauritius (0%), United Arab Emirates (0%), Hong Kong (0%), and Kuwait (0%).

Ranking: Bovine cuts boneless, fresh or chilled ranks 3415th in the Product Complexity Index (PCI).

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): United States, $3.26B

Top Destination (2019): United States, $2.83B

Bovine cuts boneless, fresh or chilled are the world's 158th most traded product.

In 2019, the top exporters of Bovine cuts boneless, fresh or chilled were United States ($3.26B), Australia ($2.64B), Netherlands ($1.58B), Canada ($1.57B), and Ireland ($1.48B).

In 2019, the top importers of Bovine cuts boneless, fresh or chilled were United States ($2.83B), Japan ($2.2B), Germany ($1.43B), Chile ($930M), and Netherlands ($919M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Canada, $249M

Top Destination Growth (2018 - 2019): United States, $358M

Between 2018 and 2019, the exports of Bovine cuts boneless, fresh or chilled grew the fastest in Canada ($249M), Australia ($145M), Mexico ($129M), Belarus ($64.4M), and New Zealand ($38.5M).

Between 2018 and 2019, the fastest growing importers of Bovine cuts boneless, fresh or chilled were United States ($358M), China ($186M), Russia ($58.6M), Uruguay ($52.7M), and Saudi Arabia ($38.5M).

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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 cuts boneless, fresh or chilled.

In 2019,  market concentration measured using Shannon Entropy, was 4.02. This means that most of the exports of Bovine cuts boneless, fresh or chilled are explained by 16 countries.

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TOP NET EXPORTER (2019): Australia, $2.63B

TOP NET IMPORTER (2019): Japan, $2.07B

This map shows which countries export or import more of Bovine cuts boneless, fresh or chilled. Each country is colored based on the difference in exports and imports of Bovine cuts boneless, fresh or chilled during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Bovine cuts boneless, fresh or chilled were Australia ($2.63B), Ireland ($1.34B), Canada ($1.15B), Brazil ($804M), and Argentina ($803M).

In 2019, the countries that had a largest trade value in imports than in exports of Bovine cuts boneless, fresh or chilled were Japan ($2.07B), Chile ($924M), Germany ($859M), South Korea ($795M), and France ($528M).

Import Tariffs

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In 2018, the average tariff for importing Bovine cuts boneless, fresh or chilled was 20.9%. The countries with the highest tariffs for importing Bovine cuts boneless, fresh or chilled were Norway (256%), Turkey (225%), Morocco (177%), Cyprus (135%), and Iceland (130%).

Product Complexity

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Diversification Frontier

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Specialization

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.