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2022
Exports $53.5MWorld Rnk 33 / 120
Flag Rnk 947 / 1216
2022
Destination $5.22k Hong Kong
2021 - 2022
FASTEST GROWING MARKET $5.22kIreland
2022
PRODUCT COMPLEXITY IN Bovine-0.97Rnk 830 / 1025
2022
Imports $441MWorld Rnk 3 / 153
Flag Rnk 374 / 1212
2022
Origin $16.6M New Zealand
2021 - 2022
FASTEST GROWING ORIGIN $16.6MNew Zealand
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $53.5M in Bovine, making it the 33rd largest exporter of Bovine in the world. At the same year, Bovine was the 947th most exported product in China. The main destination of Bovine exports from China are: Hong Kong ($48M), Macau ($5.53M), Ireland ($5.22k), Philippines ($3.88k), and United Kingdom ($2.64k).

The fastest growing export markets for Bovine of China between 2021 and 2022 were Ireland ($5.22k), Philippines ($3.88k), and United Kingdom ($2.64k).

Imports In 2022, China imported $441M in Bovine, becoming the 3rd largest importer of Bovine in the world. At the same year, Bovine was the 374th most imported product in China. China imports Bovine primarily from: New Zealand ($235M), Australia ($156M), Uruguay ($35.5M), and Chile ($14.9M).

The fastest growing import markets in Bovine for China between 2021 and 2022 were New Zealand ($16.6M).

COMPANIES In 2023, leading companies such as Spencer Gifts (53), NOURYON FUNCTIONAL CHEMICALS LLC (16), and CrimsonLogic (7) were at the forefront of shipping Bovine from China to the United States.

Latest Trends

November 2024

About

Overview In November 2024 China's Bovine exports accounted up to $3.18M and imports accounted up to $3.64M, resulting in a negative trade balance of $462k. Between November 2023 and November 2024 the exports of China's   Bovine have decreased by $-1.05M (-24.9%) from $4.23M to $3.18M, while imports decreased by $-1.61M (-30.7%) from $5.25M to $3.64M.

Destinations In November 2024, Bovine were exported mostly to Hong Kong ($2.68M) and Macau ($492k), and were imported mostly from Australia ($3.64M).

Growth In November 2024, the decrease in Bovine's year-by-year exports was explained primarily by a decrease in exports to Hong Kong ($-3.16M or -78.4%) and Macau ($-99.1k or -37.6%). In November 2024, the decrease in Bovine's year-by-year imports was explained primarily by a decrease in imports from Australia ($-37.6M or -74.4%), New Zealand ($-10.8M or -22.4%), and Chile ($-8.62M or -48.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$-1.05M(-24.9%)
IMPORT GROWTH (September 2023 - November 2024)$-1.61M(-30.7%)
MAIN EXPORTER (November 2024)Inner Mongolia Autonomous Region$892k
MAIN DESTINATION (November 2024)Hong Kong$2.68M

This section shows Bovine's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Bovine over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$53.5M
IMPORTS (2022)$441M
NET TRADE (2022)-$388M

In 2022, China exported $53.5M in Bovine. The main destinations of China exports on Bovine were Hong Kong ($48M), Macau ($5.53M), Ireland ($5.22k), Philippines ($3.88k), and United Kingdom ($2.64k).

In 2022, China imported $441M in Bovine, mainly from New Zealand ($235M), Australia ($156M), Uruguay ($35.5M), and Chile ($14.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bovine EXPORT MARKETS FOR China WERE (2021 - 2022):
Ireland$5.22k (1%)
Philippines$3.88k (1%)
United Kingdom$2.64k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bovine BY China WERE (2021 - 2022):
Hong Kong-$3.92M (-7.56%)
Macau-$1.38M (-20%)
Kiribati-$22.4k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Bovine were:
France $1.72B
Canada $1.16B
Australia $752M
In 2022, China's main importing competitors in Bovine were:
United States $1.61B
Italy $1.52B

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Trade Value of Bovine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $23k
TOP IMPORT POTENTIALFrance+ $6.8k

Bovine’s highest export potential is United Kingdom. With an export gap of $23k.   Bovine’s highest import potential is France with an import gap of $6.8k.

See methodology.

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