• Analysis and Studies
• Bovine meat: import and export

In 2022, bovine meat ranked as the 162nd most traded product globally, with a total trade value of $29.2 billion. Between 2021 and 2022, exports of bovine meat increased by 2.59%, rising from $28.5 billion to $29.2 billion. This trade accounted for 0.12% of total global trade. Bovine meat falls under the category of meat and edible offal. It includes fresh or chilled boneless beef cuts, fresh or chilled beef cuts with bone, as well as fresh or chilled whole and half beef carcasses.

Exports

In 2022, the leading exporters of bovine meat were the United States ($4.32 billion), the Netherlands ($2.86 billion), Australia ($2.72 billion), Canada ($2.55 billion), and Ireland ($2.02 billion).

Imports

In 2022, the top importers of bovine meat were the United States ($4.85 billion), Germany ($2.36 billion), the Netherlands ($2.18 billion), Italy ($2.18 billion), and Japan ($1.95 billion).

Ranking

Bovine meat is ranked 738th on the Product Complexity Index (PCI).

Data from BACI HS6 REV. 1992 (1995 - 2022).

Top Export and Import Potential

The United States holds the highest potential for bovine meat trade, with an export gap of $29.5 million and an import gap of $18.9 million. This highlights the U.S. as a key market for both expanding exports and meeting growing domestic demand.

Source: https://oec.world/en/