HS Icon Other Prepared Meat

1602 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Other Prepared Meat. In 2019, Other Prepared Meat were the world's 216th most traded product, with a total trade of $16.9B. Between 2018 and 2019 the exports of Other Prepared Meat grew by 0.51%, from $16.8B to $16.9B. Trade in Other Prepared Meat represent 0.093% of total world trade.

Exports In 2019 the top exporters of Other Prepared Meat  were Thailand ($2.87B), Germany ($1.71B), China ($1.63B), United States ($1.3B), and Poland ($933M).

Imports In 2019 the top importers of Other Prepared Meat were Japan ($3.19B), United Kingdom ($2.54B), Germany ($1.06B), United States ($966M), and Netherlands ($937M).

Tariffs In 2018 the average tariff for Other Prepared Meat was 30.3%, making it the 24th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Other Prepared Meat are Norway (196%), Iceland (146%), Barbados (134%), and Turkey (121%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Bosnia and Herzegovina (0%), and Switzerland (0%).

Ranking Other Prepared Meat ranks 577th 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): Thailand, $2.87B

Top Destination (2019): Japan, $3.19B

Other Prepared Meat are the world's 216th most traded product.

In 2019, the top exporters of Other Prepared Meat were Thailand ($2.87B), Germany ($1.71B), China ($1.63B), United States ($1.3B), and Poland ($933M).

In 2019, the top importers of Other Prepared Meat were Japan ($3.19B), United Kingdom ($2.54B), Germany ($1.06B), United States ($966M), and Netherlands ($937M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Thailand, $148M

Top Destination Growth (2018 - 2019): Japan, $222M

Between 2018 and 2019, the exports of Other Prepared Meat grew the fastest in Thailand ($148M), United States ($118M), United Arab Emirates ($57.8M), Malaysia ($56.1M), and Hong Kong ($48.6M).

Between 2018 and 2019, the fastest growing importers of Other Prepared Meat were Japan ($222M), Saudi Arabia ($114M), United States ($78.6M), Chinese Taipei ($56.6M), and South Korea ($35.2M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Other Prepared Meat.

In 2019,  market concentration measured using Shannon Entropy, was 4.52. This means that most of the exports of Other Prepared Meat are explained by 22 countries.

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TOP NET EXPORTER (2019): Thailand, $2.84B

TOP NET IMPORTER (2019): Japan, $3.18B

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

In 2019, the countries that had a largest trade value in exports than in imports of Other Prepared Meat were Thailand ($2.84B), China ($1.54B), Brazil ($895M), Poland ($797M), and Germany ($648M).

In 2019, the countries that had a largest trade value in imports than in exports of Other Prepared Meat were Japan ($3.18B), United Kingdom ($2.27B), Hong Kong ($493M), France ($290M), and Sweden ($218M).

Disaggregation

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Value

In 2019, the world most traded Other Prepared Meat, disaggragated by their HS6 level were Fowl, duck,goose, offal, prepared, preserved not... ($8.8B), Bovine meat, offal nes, not livers,... ($2.52B), Swine meat or offal nes, prepared,preserved,... ($2.42B), Swine hams & cuts thereof, prepared... ($1.38B), and Turkey meat, offal prepared or preserved,... ($488M)

Import Tariffs

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In 2018, the average tariff for importing Other Prepared Meat was 30.3%. The countries with the highest tariffs for importing Other Prepared Meat were Norway (196%), Iceland (146%), Barbados (134%), and Turkey (121%).

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.

Country by Relatedness

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The following visualization shows the relatedness of Other Prepared Meat to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.