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Bovine animals; live

0102 (Harmonized System 1992 for 4-digit)

2022
World Trade $9.02BRnk 410 / 1218
2022
Top Exporter | Top Importer $1.72B | $1.61BFrance | United States
2022
Product Complexity -0.96Rnk 832 / 1033
2021 - 2022
Export Growth (CAGR) -3.96%Rnk 1002 / 1218
2022
Share of World Trade 0.038%Rnk 410 / 1218

About

Overview This page contains the latest trade data of Bovine. In 2022, Bovine were the world's 410th most traded product, with a total trade of $9.02B. Between 2021 and 2022 the exports of Bovine decreased by -3.96%, from $9.4B to $9.02B. Trade in Bovine represent 0.038% of total world trade.

Bovine are a part of Live animals. They include Non-breeding Cattle and Pure-bred Breeding Cattle.

Exports In 2022 the top exporters of Bovine  were France ($1.72B), Canada ($1.16B), Australia ($752M), United States ($462M), and Mexico ($454M).

Imports In 2022 the top importers of Bovine were United States ($1.61B), Italy ($1.52B), China ($441M), Egypt ($433M), and Indonesia ($414M).

Ranking Bovine ranks 832nd in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)France$1.72B
Top Destination (2022)United States$1.61B

In 2022 Bovine were the world's 410th most traded product (out of 1,218).

In 2022, the top exporters of Bovine were France ($1.72B), Canada ($1.16B), Australia ($752M), United States ($462M), and Mexico ($454M).

In 2022, the top importers of Bovine were United States ($1.61B), Italy ($1.52B), China ($441M), Egypt ($433M), and Indonesia ($414M).

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Exporters of Bovine (2022)
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Importers of Bovine (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Canada$279M
Top Destination Growth (2021 -  2022)United States$170M

Between 2021 and 2022, the exports of Bovine grew the fastest in Canada ($279M), Colombia ($158M), France ($121M), Brazil ($102M), and Burma ($80.3M).

Between 2021 and 2022, the fastest growing importers of Bovine were United States ($170M), Egypt ($164M), Thailand ($75.8M), Italy ($65.7M), and Poland ($62.6M).

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Exporters of Bovine (2021 - 2022)

Importers of Bovine (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bovine.

In 2022, market concentration measured using Shannon Entropy, was 4.6. This means that most of the exports of Bovine are explained by 24 countries.

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Value of Exports in Bovine

Net Trade

TOP NET EXPORTER (2022)France$1.66B
TOP NET IMPORTER (2022)Italy$1.5B

This map shows which countries export or import more of Bovine. Each country is colored based on the difference in exports and imports of Bovine during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Bovine were France ($1.66B), Canada ($852M), Australia ($752M), Mexico ($319M), and Colombia ($310M).

In 2022, the countries that had a largest trade value in imports than in exports of Bovine were Italy ($1.5B), United States ($1.15B), Egypt ($416M), China ($388M), and Algeria ($179M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Bovine, disaggragated by their HS6 level were Non-breeding Cattle ($7.73B) and Pure-bred Breeding Cattle ($1.3B)

HS6 Disaggregation for Bovine (2022)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Bovine.
It is possible to select the main countries that export or import Bovine in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Bovine by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIran+ $266k
TOP IMPORT POTENTIALFrance+ $4.85k

Bovine’s highest export potential is Iran. With an export gap of $266k.  Bovine’s highest import potential is France with an import gap of $4.85k.

See methodology.

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Product Complexity

Diversification Frontier

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.

Relatedness vs Country Complexity (2022)

Related Products

This visualization shows products that are likely to be exported by countries that export Bovine.

Country by Relatedness

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

Relative Relatedness by Country (2022)

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