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Bovine cuts boneless, frozen

020230 (Harmonized System 1992 for 6-digit)

2023
World Trade $29.9BRnk 100 / 4644
2023
Top Exporter | Top Importer $8.4B | $11.2BBrazil | China
2023
Product Complexity -1.16Rnk 3968 / 4656
2022 - 2023
Export Growth (CAGR) -15.2%Rnk 3250 / 4644
2023
Share of World Trade 0.13%Rnk 100 / 4644

About

Overview This page contains the latest trade data of Frozen Boneless Beef Cuts. In 2023, Frozen Boneless Beef Cuts were the world's 100th most traded product, with a total trade of $29.9B. Between 2022 and 2023 the exports of Frozen Boneless Beef Cuts decreased by -15.2%, from $35.3B to $29.9B. Trade in Frozen Boneless Beef Cuts represent 0.13% of total world trade.

Frozen Boneless Beef Cuts are a part of Frozen Bovine Meat.

Exports In 2023 the top exporters of Frozen Boneless Beef Cuts  were Brazil ($8.4B), Australia ($4.29B), United States ($3.36B), India ($3.08B), and New Zealand ($2.16B).

Imports In 2023 the top importers of Frozen Boneless Beef Cuts were China ($11.2B), United States ($3.19B), South Korea ($1.53B), Japan ($1.32B), and Egypt ($774M).

Ranking Frozen Boneless Beef Cuts ranks 3968th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Frozen Boneless Beef Cuts. 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)Brazil$8.4B
Top Destination (2023)China$11.2B

In 2023 Frozen Boneless Beef Cuts were the world's 100th most traded product (out of 4,644).

In 2023, the top exporters of Frozen Boneless Beef Cuts were Brazil ($8.4B), Australia ($4.29B), United States ($3.36B), India ($3.08B), and New Zealand ($2.16B).

In 2023, the top importers of Frozen Boneless Beef Cuts were China ($11.2B), United States ($3.19B), South Korea ($1.53B), Japan ($1.32B), and Egypt ($774M).

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Exporters of Frozen Boneless Beef Cuts (2023)
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Importers of Frozen Boneless Beef Cuts (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Australia$248M
Top Destination Growth (2022 -  2023)United States$260M

Between 2022 and 2023, the exports of Frozen Boneless Beef Cuts grew the fastest in Australia ($248M), India ($126M), United Arab Emirates ($102M), Japan ($15.5M), and Ukraine ($14.1M).

Between 2022 and 2023, the fastest growing importers of Frozen Boneless Beef Cuts were United States ($260M), Hong Kong ($105M), Iraq ($79M), Iran ($63M), and Mexico ($58.8M).

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Exporters of Frozen Boneless Beef Cuts (2022 - 2023)

Importers of Frozen Boneless Beef Cuts (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Frozen Boneless Beef Cuts.

In 2023, market concentration measured using Shannon Entropy, was 3.63. This means that most of the exports of Frozen Boneless Beef Cuts are explained by 12 countries.

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Value of Exports in Frozen Boneless Beef Cuts

Net Trade

TOP NET EXPORTER (2023)Brazil$8.26B
TOP NET IMPORTER (2023)China$11.2B

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

In 2023, the countries that had a largest trade value in exports than in imports of Frozen Boneless Beef Cuts were Brazil ($8.26B), Australia ($4.27B), India ($3.08B), New Zealand ($2.14B), and Argentina ($1.82B).

In 2023, the countries that had a largest trade value in imports than in exports of Frozen Boneless Beef Cuts were China ($11.2B), South Korea ($1.53B), Japan ($1.13B), Egypt ($774M), and Vietnam ($753M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Frozen Boneless Beef Cuts 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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