# HS 020220 Of Bovine Animals global trade data overview...

Reported global trade in of bovine animals, cuts with bone in (excluding carcasses and half-carcasses), frozen reached $2.9B in 2024, with five-year annual growth of +4.6%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $1.3B | +47.1% | +20% |
| 2014 | $1.8B | +30.3% | +21.8% |
| 2015 | $1.6B | -10.3% | +19.8% |
| 2016 | $1.5B | -7.8% | +2.5% |
| 2017 | $1.7B | +19.6% | -0.3% |
| 2018 | $2.0B | +15.2% | +8.3% |
| 2019 | $2.3B | +14.3% | +16.4% |
| 2020 | $2.0B | -11.9% | +5.1% |
| 2021 | $2.6B | +30.8% | +9.6% |
| 2022 | $3.2B | +22% | +12% |
| 2023 | $2.7B | -14.9% | +10.8% |
| 2024 | $2.9B | +4.8% | +2.9% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| China | $1.1B | +10% | 17 |
| Republic of Korea | $903.1M | +2.3% | 12 |
| Saudi Arabia | $96.1M | +20.6% | 20 |
| USA | $91.8M | +18% | 17 |
| Indonesia | $68.9M | +9% | 7 |
| China, Hong Kong Special Administrative Region | $37.1M | -29.2% | 23 |
| Philippines | $32.6M | +11.1% | 14 |
| Malaysia | $31.3M | +9% | 11 |
| Germany | $28.1M | -5.6% | 39 |
| Taiwan | $27.4M | +2.1% | 10 |
| Israel | $20.9M | +8.4% | 12 |
| Italy | $19.7M | -3.9% | 22 |

_Source: reported merchandise trade data. Updated 2026-08-14._