2022
Exports
$4.57BWorld Rnk 4 / 224
Flag Rnk 15 / 21
2022
PRODUCT COMPLEXITY IN Animal Hides
-0.063Rnk 569 / 1025
2022
Imports
$2.37BWorld Rnk 13 / 225
Flag Rnk 17 / 21
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $4.57B in Animal Hides, making it the 4th largest exporter of Animal Hides in the world. At the same year, Animal Hides was the 15th most exported product in Vietnam. The main destination of Animal Hides exports from Vietnam are: United States ($1.46B), Japan ($398M), Germany ($310M), Netherlands ($242M), and China ($221M).

The fastest growing export markets for Animal Hides of Vietnam between 2021 and 2022 were United States ($428M), Germany ($95.6M), and United Kingdom ($92.3M).

Imports In 2022, Vietnam imported $2.37B in Animal Hides, becoming the 13th largest importer of Animal Hides in the world. At the same year, Animal Hides was the 17th most imported product in Vietnam. Vietnam imports Animal Hides primarily from: China ($1.09B), Thailand ($233M), Italy ($178M), South Korea ($142M), and United States ($141M).

The fastest growing import markets in Animal Hides for Vietnam between 2021 and 2022 were China ($212M), Thailand ($50.2M), and Argentina ($25.5M).

COMPANIES In 2023, leading companies such as Home Depot (344), IKEA Group (160), and Nike (139) were at the forefront of shipping Animal Hides from Vietnam to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Animal Hides. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.57B
IMPORTS (2022)$2.37B
NET TRADE (2022)$2.2B

In 2022, Vietnam exported $4.57B in Animal Hides. The main destinations of Vietnam exports on Animal Hides were United States ($1.46B), Japan ($398M), Germany ($310M), Netherlands ($242M), and China ($221M).

In 2022, Vietnam imported $2.37B in Animal Hides, mainly from China ($1.09B), Thailand ($233M), Italy ($178M), South Korea ($142M), and United States ($141M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal Hides EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$428M (41.5%)
Germany$95.6M (44.5%)
United Kingdom$92.3M (100%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Hides BY Vietnam WERE (2021 - 2022):
Hong Kong-$64.2M (-44.9%)
Cambodia-$55.9M (-46.1%)
Russia-$15.9M (-62.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Animal Hides were:
China $38.9B
Italy $15.1B
France $13.1B
In 2022, Vietnam's main importing competitors in Animal Hides were:

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Trade Value of Animal Hides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $300M
TOP IMPORT POTENTIALChina+ $197M

Animal Hides’s highest export potential is China. With an export gap of $300M.   Animal Hides’s highest import potential is China with an import gap of $197M.

See methodology.

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