HS Icon Sheep and Goats

0104 (Harmonized System 1992 for 4-digit)

World Trade (2019): $1.73B, Rnk 769 / 1217

Top Exporter (2019): $448M, Sudan

Top Importer (2019): $641M, Saudi Arabia

Product Complexity (2019): -1.87, Rnk 928 / 961

Export Growth (CAGR)(2018 - 2019): -8.82%, Rnk 922 / 1217

Mean Tariff (2018): 15.4%, Rnk 183 / 1259

Share of World Trade (2019): 0.0096%, Rnk 769 / 1217

Overview:  This page contains the latest trade data of Sheep and Goats. In 2019, Sheep and Goats were the world's 769th most traded product, with a total trade of $1.73B. Between 2018 and 2019 the exports of Sheep and Goats decreased by -8.82%, from  $1.9B to $1.73B. Trade in Sheep and Goats represent 0.0096% of total world trade.

Exports: In 2019 the top exporters of Sheep and Goats  were Sudan ($448M), Romania ($282M), Spain ($164M), Jordan ($137M), and Australia ($114M).

Imports: In 2019 the top importers of Sheep and Goats were Saudi Arabia ($641M), Kuwait ($174M), Libya ($142M), Qatar ($111M), and Jordan ($96.7M).

Tariffs: In 2018 the average tariff for Sheep and Goats was 15.4%, making it the 183rd lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Sheep and Goats are Austria (89.1%), Morocco (87.3%), Turkey (58.3%), Israel (54.9%), and Cyprus (43.1%). The countries with the lowest tariffs are Angola (0%), Egypt (0%), Mauritius (0%), South Africa (0%), and United Arab Emirates (0%).

Ranking: Sheep and Goats ranks 928th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2019): Sudan, $448M

Top Destination (2019): Saudi Arabia, $641M

Sheep and Goats are the world's 769th most traded product.

In 2019, the top exporters of Sheep and Goats were Sudan ($448M), Romania ($282M), Spain ($164M), Jordan ($137M), and Australia ($114M).

In 2019, the top importers of Sheep and Goats were Saudi Arabia ($641M), Kuwait ($174M), Libya ($142M), Qatar ($111M), and Jordan ($96.7M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Jordan, $57.5M

Top Destination Growth (2018 - 2019): Saudi Arabia, $52.2M

Between 2018 and 2019, the exports of Sheep and Goats grew the fastest in Jordan ($57.5M), Romania ($31.8M), Kazakhstan ($22.2M), Turkey ($20.1M), and Georgia ($11.1M).

Between 2018 and 2019, the fastest growing importers of Sheep and Goats were Saudi Arabia ($52.2M), Kuwait ($45.3M), Uzbekistan ($20.5M), Jordan ($11.1M), and Romania ($8.37M).

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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 Sheep and Goats.

In 2019,  market concentration measured using Shannon Entropy, was 3.84. This means that most of the exports of Sheep and Goats are explained by 14 countries.

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TOP NET EXPORTER (2019): Sudan, $448M

TOP NET IMPORTER (2019): Saudi Arabia, $621M

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

In 2019, the countries that had a largest trade value in exports than in imports of Sheep and Goats were Sudan ($448M), Romania ($265M), Spain ($142M), Australia ($114M), and Somalia ($83.1M).

In 2019, the countries that had a largest trade value in imports than in exports of Sheep and Goats were Saudi Arabia ($621M), Kuwait ($170M), Qatar ($110M), Italy ($66.4M), and United Arab Emirates ($38.5M).

Disaggregation

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Value

In 2019, the world most traded Sheep and Goats, disaggragated by their HS6 level were Sheep, live ($1.55B) and Goats, live ($184M)

Import Tariffs

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In 2018, the average tariff for importing Sheep and Goats was 15.4%.  The countries with the highest tariffs for importing Sheep and Goats were Austria (89.1%), Morocco (87.3%), Turkey (58.3%), Israel (54.9%), and Cyprus (43.1%).

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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.