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Frozen beef: top exporters and importers (2024)

In 2024, world trade in frozen beef totaled $36.3 billion (7.5 million tonnes). The top exporters were Brazil (28%), Australia (16%) and the United States (13%); the top importers were China (32%), the United States (14%) and South Korea (7%). Compared with 2019, the value rose 32%.

Summary

World trade
$36.3billion
Tonnes
7.5million tonnes
Price per tonne
$4,810
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Brazil$10 billion · 27.5%
  2. Australia$5.6 billion · 15.6%
  3. United States$4.6 billion · 12.6%
  4. India$3.5 billion · 9.8%
  5. New Zealand$2.3 billion · 6.4%
  6. Argentina$2.1 billion · 5.8%
  7. Uruguay$1.6 billion · 4.3%
  8. Paraguay$877 million · 2.4%
  9. Ireland$686 million · 1.9%
  10. Poland$507 million · 1.4%
  11. Canada$500 million · 1.4%
  12. Netherlands$452 million · 1.2%
    re-exports
  13. Germany$330 million · 0.91%
  14. Nicaragua$319 million · 0.88%
  15. Spain$235 million · 0.65%
  16. Mexico$219 million · 0.6%
  17. Italy$205 million · 0.57%
  18. Bolivia$179 million · 0.49%
  19. Japan$176 million · 0.48%
  20. United Kingdom$167 million · 0.46%

Top importers

  1. China$11.6 billion · 32%
  2. United States$5 billion · 13.7%
  3. South Korea$2.4 billion · 6.6%
  4. Japan$1.5 billion · 4.1%
  5. Egypt$914 million · 2.5%
  6. United Arab Emirates$850 million · 2.3%
  7. Vietnam$848 million · 2.3%
  8. Taiwan$812 million · 2.2%
  9. Hong Kong$795 million · 2.2%
    re-exports
  10. Malaysia$717 million · 2%
  11. Philippines$663 million · 1.8%
  12. Indonesia$663 million · 1.8%
  13. Israel$640 million · 1.8%
  14. Saudi Arabia$626 million · 1.7%
  15. Canada$463 million · 1.3%
  16. Russia$460 million · 1.3%
  17. United Kingdom$456 million · 1.3%
  18. France$435 million · 1.2%
  19. Iraq$415 million · 1.1%
  20. Germany$384 million · 1.1%

Trend

Who sells it

Brazil has been the top exporter since 2016

Value in USD billions. The five largest exporters in 2024.

  • Brazil 10
  • Australia 5.6
  • United States 4.6
  • India 3.5
  • New Zealand 2.3

Source: CEPII BACI

Show the numbers
Country19952024
Brazil0.1410
Australia1.15.6
United States1.24.6
India0.163.5
New Zealand0.752.3

Price

Implied price

The price per tonne rose 106% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $4,810

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$2,331
1996$2,121
1997$2,047
1998$2,044
1999$1,920
2000$1,990
2001$1,942
2002$1,900
2003$2,037
2004$2,222
2005$2,354
2006$2,560
2007$2,759
2008$3,558
2009$3,183
2010$3,630
2011$4,148
2012$3,973
2013$3,894
2014$4,300
2015$4,287
2016$3,941
2017$4,082
2018$4,318
2019$4,429
2020$4,431
2021$4,991
2022$5,690
2023$4,834
2024$4,810

What it includes

  • 0202 · Frozen beef

Products in the same chapter

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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