Overview: This page contains the latest trade data of Frozen Bovine Meat. In 2018, Frozen Bovine Meat were the world's 158th most traded product, with a total trade of $24.6B. Between 2017 and 2018 the exports of Frozen Bovine Meat grew by 9.51%, from $22.4B to $24.6B. Trade in Frozen Bovine Meat represent 0.13% of total world trade.
Between 2017 and 2018, the fastest growing importers of Frozen Bovine Meat were China ($1.62B), South Korea ($373M), Japan ($238M), Indonesia ($169M), and Hong Kong ($164M).
This chart shows the evolution of the market concentration of exports of Frozen Bovine Meat.
In 2018, market concentration measured using Shannon Entropy, was 3.76. This means that most of the exports of Frozen Bovine Meat are explained by 13 countries.
This map shows which countries export or import more of Frozen Bovine Meat. Each country is colored based on the difference in exports and imports of Frozen Bovine Meat during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Frozen Bovine Meat were Brazil ($4.46B), Australia ($3.9B), India ($3.34B), New Zealand ($1.87B), and United States ($1.3B).
In 2018, the countries that had a largest trade value in imports than in exports of Frozen Bovine Meat were China ($4.66B), Vietnam ($2.01B), Hong Kong ($1.96B), South Korea ($1.89B), and Japan ($1.33B).
In 2018, the average tariff for importing Frozen Bovine Meat was 22.3%. The countries with the highest tariffs for importing Frozen Bovine Meat were Cyprus (201%), Morocco (157%), Iceland (153%), Norway (150%), and Turkey (109%).
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.