# HS 020230 Of Bovine Animals global trade data overview...

Reported global trade in of bovine animals, boneless cuts, frozen reached $33.2B in 2024, with five-year annual growth of +6.4%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $18.9B | +13.7% | +13.8% |
| 2014 | $21.3B | +12.3% | +11.1% |
| 2015 | $20.0B | -6% | +6.3% |
| 2016 | $17.6B | -11.7% | -2.3% |
| 2017 | $19.3B | +9.6% | -3.1% |
| 2018 | $21.3B | +10.4% | +2.2% |
| 2019 | $24.3B | +14% | +11.3% |
| 2020 | $24.1B | -1% | +7.6% |
| 2021 | $27.6B | +14.8% | +9% |
| 2022 | $34.5B | +24.8% | +12.3% |
| 2023 | $29.8B | -13.7% | +7.3% |
| 2024 | $33.2B | +11.7% | +6.3% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| China | $10.7B | +7.7% | 33 |
| USA | $4.8B | +17.7% | 32 |
| Japan | $1.5B | +1.9% | 26 |
| Republic of Korea | $1.5B | +4.5% | 19 |
| Egypt | $877.4M | -3.2% | 15 |
| Viet Nam | $778.3M | -3.3% | 26 |
| Taiwan | $759.4M | +5.6% | 14 |
| Philippines | $657.6M | +11.2% | 20 |
| United Arab Emirates | $653.7M | +7.1% | 37 |
| Malaysia | $645.9M | +10.6% | 21 |
| China, Hong Kong Special Administrative Region | $629.5M | -14.5% | 40 |
| Russia | $627.1M | -3.6% | 18 |

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