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2022
Exports $15MWorld Rnk 29 / 117
Flag Rnk 1064 / 1216
2022
Destination $293k Hong Kong
2021 - 2022
FASTEST GROWING MARKET $293kKuwait
2022
PRODUCT COMPLEXITY IN Sheep and Goat Meat-1.65Rnk 965 / 1025
2022
Imports $1.73BWorld Rnk 1 / 215
Flag Rnk 158 / 1212
2022
Origin $509k New Zealand
2021 - 2022
FASTEST GROWING ORIGIN $509kTanzania
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $15M in Sheep and Goat Meat, making it the 29th largest exporter of Sheep and Goat Meat in the world. At the same year, Sheep and Goat Meat was the 1064th most exported product in China. The main destination of Sheep and Goat Meat exports from China are: Hong Kong ($13M), Kuwait ($727k), Macau ($405k), United Arab Emirates ($337k), and Chile ($266k).

The fastest growing export markets for Sheep and Goat Meat of China between 2021 and 2022 were Kuwait ($293k), Switzerland ($21.9k), and Qatar ($13.2k).

Imports In 2022, China imported $1.73B in Sheep and Goat Meat, becoming the 1st largest importer of Sheep and Goat Meat in the world. At the same year, Sheep and Goat Meat was the 158th most imported product in China. China imports Sheep and Goat Meat primarily from: New Zealand ($995M), Australia ($683M), Uruguay ($39.3M), Chile ($11.8M), and Argentina ($1.58M).

The fastest growing import markets in Sheep and Goat Meat for China between 2021 and 2022 were Tanzania ($509k), Iceland ($507k), and Malaysia ($238k).

COMPANIES In 2023, leading companies such as Bass Pro Shops (8), Apex Product Group (5), and Amazon (4) were at the forefront of shipping Sheep and Goat Meat from China to the United States.

Latest Trends

September 2024

About

Overview In September 2024 China's Sheep and Goat Meat exports accounted up to $1.04M and imports accounted up to $64.8M, resulting in a negative trade balance of $63.8M. Between September 2023 and September 2024 the exports of China's   Sheep and Goat Meat have decreased by $-654k (-38.7%) from $1.69M to $1.04M, while imports decreased by $-34.8M (-34.9%) from $99.7M to $64.8M.

Destinations In September 2024, Sheep and Goat Meat were exported mostly to Hong Kong ($862k), Malaysia ($171k), and Macau ($2.81k), and were imported mostly from Australia ($39.4M), New Zealand ($24.6M), Uruguay ($752k), Chile ($90.9k), and Madagascar ($7.28k).

Growth In September 2024, the decrease in Sheep and Goat Meat's year-by-year exports was explained primarily by a decrease in exports to Hong Kong ($-494k or -23.5%). In September 2024, the decrease in Sheep and Goat Meat's year-by-year imports was explained primarily by a decrease in imports from New Zealand ($-46.5M or -34.6%), Australia ($-39.4M or -40.2%), and Uruguay ($-6.11M or -64.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-654k(-38.7%)
IMPORT GROWTH (September 2023 - September 2024)$-34.8M(-34.9%)
MAIN EXPORTER (September 2024)Hebei Province$807k
MAIN DESTINATION (September 2024)Hong Kong$862k

This section shows Sheep and Goat Meat's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Sheep and Goat Meat over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$15M
IMPORTS (2022)$1.73B
NET TRADE (2022)-$1.72B

In 2022, China exported $15M in Sheep and Goat Meat. The main destinations of China exports on Sheep and Goat Meat were Hong Kong ($13M), Kuwait ($727k), Macau ($405k), United Arab Emirates ($337k), and Chile ($266k).

In 2022, China imported $1.73B in Sheep and Goat Meat, mainly from New Zealand ($995M), Australia ($683M), Uruguay ($39.3M), Chile ($11.8M), and Argentina ($1.58M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sheep and Goat Meat EXPORT MARKETS FOR China WERE (2021 - 2022):
Kuwait$293k (67.5%)
Switzerland$21.9k (1%)
Qatar$13.2k (5.92%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sheep and Goat Meat BY China WERE (2021 - 2022):
Hong Kong-$8.61M (-39.8%)
Chile-$483k (-64.5%)
Cambodia-$432k (-97.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Sheep and Goat Meat were:
Australia $3.54B
New Zealand $2.79B
United Kingdom $630M
In 2022, China's main importing competitors in Sheep and Goat Meat were:
United States $1.53B
France $821M

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Trade Value of Sheep and Goat Meat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $412k
TOP IMPORT POTENTIALChile+ $5.17M

Sheep and Goat Meat’s highest export potential is United Arab Emirates. With an export gap of $412k.   Sheep and Goat Meat’s highest import potential is Chile with an import gap of $5.17M.

See methodology.

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