HS Icon Poultry Meat

0207 (Harmonized System 1992 for 4-digit)

World Trade (2018): $27B, Rnk 142 / 1225

Top Exporter (2018): $6.05B, Brazil

Top Importer (2018): $2.11B, Germany

Product Complexity (2018): -0.2, Rnk 610 / 1018

Export Growth (CAGR)(2017 - 2018): 7.22%, Rnk 885 / 1225

Mean Tariff (2018): 24.2%, Rnk 51 / 1259

Share of World Trade (2018): 0.15%, Rnk 142 / 1225

Overview:  This page contains the latest trade data of Poultry Meat. In 2018, Poultry Meat were the world's 142nd most traded product, with a total trade of $27B. Between 2017 and 2018 the exports of Poultry Meat grew by 7.22%, from  $25.2B to $27B. Trade in Poultry Meat represent 0.15% of total world trade.

Exports: In 2018 the top exporters of Poultry Meat  were Brazil ($6.05B), United States ($3.65B), Poland ($2.72B), Netherlands ($2.67B), and Germany ($1.07B).

Imports: In 2018 the top importers of Poultry Meat were Germany ($2.11B), United Kingdom ($1.7B), Hong Kong ($1.5B), France ($1.44B), and Japan ($1.19B).

Tariffs: In 2018 the average tariff for Poultry Meat was 24.2%, been the 51 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Poultry Meat are Iceland (145%), Barbados (102%), Cyprus (95.9%), Morocco (85.5%), and Canada (74.4%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Maldives (0%), Singapore (0%), and Bosnia and Herzegovina (0%).

Ranking: Poultry Meat ranks 610th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Brazil, $6.05B

Top Destination (2018): Germany, $2.11B

Poultry Meat are the world's 142nd most traded product.

In 2018, the top exporters of Poultry Meat were Brazil ($6.05B), United States ($3.65B), Poland ($2.72B), Netherlands ($2.67B), and Germany ($1.07B).

In 2018, the top importers of Poultry Meat were Germany ($2.11B), United Kingdom ($1.7B), Hong Kong ($1.5B), France ($1.44B), and Japan ($1.19B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Poland, $737M

Top Destination Growth (2017 - 2018): Germany, $389M

Between 2017 and 2018, the exports of Poultry Meat grew the fastest in Poland ($737M), Netherlands ($429M), Thailand ($192M), Hungary ($144M), and Belgium-Luxembourg ($132M).

Between 2017 and 2018, the fastest growing importers of Poultry Meat were Germany ($389M), Vietnam ($345M), France ($247M), Netherlands ($214M), and United Kingdom ($204M).

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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 Poultry Meat.

In 2018,  market concentration measured using Shannon Entropy, was 4.17. This means that most of the exports of Poultry Meat are explained by 18 countries.

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TOP NET EXPORTER (2018): Brazil, $6.03B

TOP NET IMPORTER (2018): United Kingdom, $1.28B

This map shows which countries export or import more of Poultry Meat. Each country is colored based on the difference in exports and imports of Poultry Meat during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Poultry Meat were Brazil ($6.03B), United States ($3.36B), Poland ($2.63B), Netherlands ($1.51B), and Thailand ($718M).

In 2018, the countries that had a largest trade value in imports than in exports of Poultry Meat were United Kingdom ($1.28B), Japan ($1.18B), Germany ($1.05B), Mexico ($1.01B), and Saudi Arabia ($975M).

Trade Forecasts

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This section shows forecasts for total trade for Poultry Meat. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Poultry Meat was 24.2%.  The countries with the highest tariffs for importing Poultry Meat were Iceland (145%), Barbados (102%), Cyprus (95.9%), Morocco (85.5%), and Canada (74.4%).

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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.