HS Code:
The 'Live, fresh or chilled' category under the Harmonized System (HS) Code typically includes products such as live animals, fresh or chilled meat, fish, crustaceans, mollusks, and other aquatic invertebrates. This category is critical in global trade due to its perishable nature, requiring efficient logistics and strict compliance with health and safety regulations. These products are essential for food supply chains worldwide, with demand driven by dietary preferences, population growth, and economic conditions.
Total Trade Volume
Approximately $150 billion USD
Data from 2022
Source
United Nations Comtrade Database and World Trade Organization (WTO) Statistics
$12.5 billion USD
8.3% of total trade of total trade
Increasing
$9.8 billion USD
6.5% of total trade of total trade
Increasing
$8.2 billion USD
5.5% of total trade of total trade
Stable
$7.9 billion USD
5.3% of total trade of total trade
Increasing
$6.4 billion USD
4.3% of total trade of total trade
Stable
Average Rate
8.5% ad valorem
Highest Rate
Up to 35% in certain markets like India for specific meat products
Lowest Rate
0% under free trade agreements (e.g., EU-Norway for seafood)
Rising demand for sustainable and organic seafood
Increased exports from countries with strong aquaculture practices like Norway and Chile, pushing smaller exporters to adopt sustainable certifications.
2021-2022
Growth in demand for premium meat products in Asia
Significant increase in beef and pork exports to China and Japan, driven by rising middle-class incomes and dietary shifts.
2020-2022
Impact of climate change on fisheries
Disruptions in supply due to changing migration patterns of fish stocks, affecting exporters reliant on wild-caught seafood.
2019-2022
New customs checks and SPS requirements for fresh seafood and meat exports between the EU and UK have led to delays and increased costs.
January 2022
Temporary reduction in trade volume between the regions, with exporters seeking alternative markets in Asia.
China lifted restrictions on seafood imports from specific countries following improved diplomatic relations and compliance with health standards.
March 2023
Boosted exports for countries like Norway and Chile, with an estimated $1.5 billion increase in trade volume.
Outbreaks of ASF in major pork-producing regions have led to supply shortages, increasing demand for alternative sources of fresh pork.
Mid-2022
Countries like the US and Brazil have seen a surge in pork exports to affected regions, particularly in Asia.