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Semen bovine

051110 (Harmonized System 1992 for 6-digit)

2023
World Trade $572MRnk 2706 / 4644
2023
Top Exporter | Top Importer $293M | $99.3MUnited States | China
2023
Product Complexity 0.62Rnk 1446 / 4656
2022 - 2023
Export Growth (CAGR) 0.64%Rnk 1479 / 4644
2023
Share of World Trade 0.0025%Rnk 2706 / 4644

About

Overview This page contains the latest trade data of Bovine Semen. In 2023, Bovine Semen were the world's 2706th most traded product, with a total trade of $572M. Between 2022 and 2023 the exports of Bovine Semen grew by 0.64%, from $569M to $572M. Trade in Bovine Semen represent 0.0025% of total world trade.

Bovine Semen are a part of Other Inedible Animal Products.

Exports In 2023 the top exporters of Bovine Semen  were United States ($293M), Canada ($110M), Netherlands ($32.2M), Germany ($27M), and United Kingdom ($26.3M).

Imports In 2023 the top importers of Bovine Semen were China ($99.3M), United States ($39.4M), United Kingdom ($33.8M), Brazil ($28M), and Italy ($26.1M).

Ranking Bovine Semen ranks 1446th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Bovine Semen. 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 (2023)United States$293M
Top Destination (2023)China$99.3M

In 2023 Bovine Semen were the world's 2706th most traded product (out of 4,644).

In 2023, the top exporters of Bovine Semen were United States ($293M), Canada ($110M), Netherlands ($32.2M), Germany ($27M), and United Kingdom ($26.3M).

In 2023, the top importers of Bovine Semen were China ($99.3M), United States ($39.4M), United Kingdom ($33.8M), Brazil ($28M), and Italy ($26.1M).

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Exporters of Bovine Semen (2023)
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Importers of Bovine Semen (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Canada$11.3M
Top Destination Growth (2022 -  2023)Germany$5.04M

Between 2022 and 2023, the exports of Bovine Semen grew the fastest in Canada ($11.3M), France ($2.58M), Netherlands ($1.28M), Belgium ($1.27M), and Germany ($1.26M).

Between 2022 and 2023, the fastest growing importers of Bovine Semen were Germany ($5.04M), United States ($4.59M), Italy ($4.37M), United Kingdom ($3.65M), and Mexico ($2.87M).

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Exporters of Bovine Semen (2022 - 2023)

Importers of Bovine Semen (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 2.54. This means that most of the exports of Bovine Semen are explained by 5 countries.

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Value of Exports in Bovine Semen

Net Trade

TOP NET EXPORTER (2023)United States$254M
TOP NET IMPORTER (2023)China$99.3M

This map shows which countries export or import more of Bovine Semen. Each country is colored based on the difference in exports and imports of Bovine Semen during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Bovine Semen were United States ($254M), Canada ($99.2M), France ($11.7M), Netherlands ($6.84M), and Germany ($6.25M).

In 2023, the countries that had a largest trade value in imports than in exports of Bovine Semen were China ($99.3M), Brazil ($24.1M), Russia ($23.7M), Italy ($18.7M), and Japan ($14M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Bovine Semen by percentage of total exports

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 (2023)

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