HS Code:
The Bison category, primarily classified under HS Code 0201 and 0202 (meat of bovine animals, fresh, chilled, or frozen), includes products derived from bison, such as meat, hides, and other by-products. Bison meat is considered a niche but growing market, often marketed as a leaner, healthier alternative to beef. Global trade in bison products is relatively small compared to other livestock categories but has seen increasing interest due to demand for specialty meats in North America and parts of Europe. The trade includes live animals, meat cuts, and processed products, with a focus on sustainable and organic farming practices.
Total Trade Volume
Approximately $150 million USD
Data from 2022
Source
United Nations Comtrade Database and industry reports
$90 million USD
60% of global trade of total trade
Increasing
$45 million USD
30% of global trade of total trade
Stable
$10 million USD
7% of global trade of total trade
Increasing
$3 million USD
2% of global trade of total trade
Stable
$2 million USD
1% of global trade of total trade
Decreasing
Average Rate
12% ad valorem
Highest Rate
35% (applied by certain developing countries to protect local livestock industries)
Lowest Rate
0% (under free trade agreements like USMCA for North American countries)
Growing demand for specialty meats
Increased exports from North America to Europe and Asia due to consumer interest in bison as a healthier alternative to beef.
2020-2022
Focus on sustainable farming
Higher production costs but premium pricing for sustainably sourced bison products, boosting trade value.
2021-2023
E-commerce and direct-to-consumer sales
Smaller producers are accessing international markets through online platforms, diversifying trade channels.
2022
Revised tariff structures under the USMCA have reduced barriers for bison meat trade between the US, Canada, and Mexico, promoting regional trade.
January 2023
Expected to increase trade volume by 10% within North America over the next two years.
The European Union introduced stricter SPS measures for bison meat imports to ensure compliance with hormone-free standards.
July 2022
Temporary reduction in exports to the EU as producers adapt to new compliance requirements.
Major bison producers in the US and Canada launched a joint initiative to promote sustainable ranching practices, gaining traction with eco-conscious consumers.
March 2023
Positive branding leading to higher demand in premium markets, especially in Europe.