2022
Exports
$4.48BWorld Rnk 3 / 141
Flag Rnk 11 / 1208
2022
PRODUCT COMPLEXITY IN Frozen Bovine Meat
-1.24Rnk 891 / 1025
2022
Imports
$46MWorld Rnk 50 / 219
Flag Rnk 514 / 1206
2022
ECONOMIC COMPLEXITY of Australia
-0.24Rnk 78 / 133

About

Exports In 2022, Australia exported $4.48B in Frozen Bovine Meat, making it the 3rd largest exporter of Frozen Bovine Meat in the world. At the same year, Frozen Bovine Meat was the 11th most exported product in Australia. The main destination of Frozen Bovine Meat exports from Australia are: China ($1.18B), South Korea ($855M), Japan ($705M), United States ($665M), and Indonesia ($232M).

The fastest growing export markets for Frozen Bovine Meat of Australia between 2021 and 2022 were China ($204M), United States ($98.5M), and Japan ($62.9M).

Imports In 2022, Australia imported $46M in Frozen Bovine Meat, becoming the 50th largest importer of Frozen Bovine Meat in the world. At the same year, Frozen Bovine Meat was the 514th most imported product in Australia. Australia imports Frozen Bovine Meat primarily from: New Zealand ($24.8M), Australia ($12.1M), Brazil ($6.04M), United States ($1.98M), and Japan ($463k).

The fastest growing import markets in Frozen Bovine Meat for Australia between 2021 and 2022 were Australia ($3.21M), United States ($1.98M), and New Zealand ($567k).

COMPANIES In 2023, leading companies such as JBS Foods (399) and Lawrence Wholesale (64) were at the forefront of shipping Frozen Bovine Meat from Australia to the United States.

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Frozen Bovine Meat. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.48B
IMPORTS (2022)$46M
NET TRADE (2022)$4.43B

In 2022, Australia exported $4.48B in Frozen Bovine Meat. The main destinations of Australia exports on Frozen Bovine Meat were China ($1.18B), South Korea ($855M), Japan ($705M), United States ($665M), and Indonesia ($232M).

In 2022, Australia imported $46M in Frozen Bovine Meat, mainly from New Zealand ($24.8M), Australia ($12.1M), Brazil ($6.04M), United States ($1.98M), and Japan ($463k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Frozen Bovine Meat EXPORT MARKETS FOR Australia WERE (2021 - 2022):
China$204M (20.8%)
United States$98.5M (17.4%)
Japan$62.9M (9.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Frozen Bovine Meat BY Australia WERE (2021 - 2022):
Israel-$18M (-49.8%)
Hong Kong-$6.78M (-26.6%)
Singapore-$5.24M (-42.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Australia's main exporting competitors in Frozen Bovine Meat were:
In 2022, Australia's main importing competitors in Frozen Bovine Meat were:

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Trade Value of Frozen Bovine Meat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $60.6M
TOP IMPORT POTENTIALBrazil+ $4.77M

Frozen Bovine Meat’s highest export potential is China. With an export gap of $60.6M.   Frozen Bovine Meat’s highest import potential is Brazil with an import gap of $4.77M.

See methodology.

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