Meat of sheep or goats; fresh, chilled or frozen

0204 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Sheep and Goat Meat. In 2022, Sheep and Goat Meat were the world's 395th most traded product, with a total trade of $9.48B. Between 2021 and 2022 the exports of Sheep and Goat Meat grew by 4.34%, from $9.08B to $9.48B. Trade in Sheep and Goat Meat represent 0.04% of total world trade.

Sheep and Goat Meat are a part of Meat & edible offal. They include Frozen Sheep Cuts with Bone, Fresh/Chilled Sheep Cuts with Bone, Fresh/Chilled Lamb (Whole & Halves), Frozen Boneless Sheep Cuts, Fresh/Chilled Boneless Sheep Cuts, Goat Meat, Fresh/Chilled Sheep (Whole & Halves), Frozen Lamb (Whole & Halves), and Frozen Sheep (Whole & Halves).

Exports In 2022 the top exporters of Sheep and Goat Meat  were Australia ($3.54B), New Zealand ($2.79B), United Kingdom ($630M), Ireland ($443M), and France ($330M).

Imports In 2022 the top importers of Sheep and Goat Meat were China ($1.73B), United States ($1.53B), France ($821M), Germany ($580M), and United Arab Emirates ($417M).

Ranking Sheep and Goat Meat ranks 940th in the Product Complexity Index (PCI).

Description -

Latest Data

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The following visualization shows the latest trends on Sheep and Goat Meat. 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)Australia$3.54B
Top Destination (2022)China$1.73B

In 2022 Sheep and Goat Meat were the world's 395th most traded product (out of 1,218).

In 2022, the top exporters of Sheep and Goat Meat were Australia ($3.54B), New Zealand ($2.79B), United Kingdom ($630M), Ireland ($443M), and France ($330M).

In 2022, the top importers of Sheep and Goat Meat were China ($1.73B), United States ($1.53B), France ($821M), Germany ($580M), and United Arab Emirates ($417M).

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Exporters of Sheep and Goat Meat (2022)
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Importers of Sheep and Goat Meat (2022)
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Market Dynamics

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Top Origin Growth (2021 -  2022)Australia$265M
Top Destination Growth (2021 -  2022)United States$123M

Between 2021 and 2022, the exports of Sheep and Goat Meat grew the fastest in Australia ($265M), Ireland ($55.1M), Netherlands ($45.9M), Turkey ($41.4M), and Tanzania ($39.8M).

Between 2021 and 2022, the fastest growing importers of Sheep and Goat Meat were United States ($123M), South Korea ($95.6M), Malaysia ($77.7M), Netherlands ($65.1M), and Kuwait ($63.9M).

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Exporters of Sheep and Goat Meat (2021 - 2022)

Importers of Sheep and Goat Meat (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Sheep and Goat Meat.

In 2022, market concentration measured using Shannon Entropy, was 2.97. This means that most of the exports of Sheep and Goat Meat are explained by 7 countries.

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Value of Exports in Sheep and Goat Meat

Net Trade

TOP NET EXPORTER (2022)Australia$3.53B
TOP NET IMPORTER (2022)China$1.72B

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

In 2022, the countries that had a largest trade value in exports than in imports of Sheep and Goat Meat were Australia ($3.53B), New Zealand ($2.77B), Ireland ($388M), Spain ($244M), and United Kingdom ($214M).

In 2022, the countries that had a largest trade value in imports than in exports of Sheep and Goat Meat were China ($1.72B), United States ($1.51B), Germany ($507M), France ($491M), and United Arab Emirates ($388M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Sheep and Goat Meat, disaggragated by their HS6 level were Frozen Sheep Cuts with Bone ($3.7B), Fresh/Chilled Lamb (Whole & Halves) ($1.41B), Fresh/Chilled Sheep Cuts with Bone ($1.37B), Frozen Boneless Sheep Cuts ($1.18B), and Fresh/Chilled Boneless Sheep Cuts ($577M)

HS6 Disaggregation for Sheep and Goat Meat (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 Sheep and Goat Meat.
It is possible to select the main countries that export or import Sheep and Goat Meat in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Sheep and Goat Meat by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $8.96M
TOP IMPORT POTENTIALNew Zealand+ $324k

Sheep and Goat Meat’s highest export potential is Germany. With an export gap of $8.96M.  Sheep and Goat Meat’s highest import potential is New Zealand with an import gap of $324k.

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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)

Country by Relatedness

The following visualization shows the relatedness of Sheep and Goat Meat 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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