Overview In March 2023 Brazil's Tanned Equine and Bovine Hides exports accounted up to $45.6M and imports accounted up to $1.42M, resulting in a positive trade balance of $44.1M. Between March 2022 and March 2023 the exports of Brazil's Tanned Equine and Bovine Hides have decreased by $-2.82M (-5.83%) from $48.4M to $45.6M, while imports decreased by $-356k (-20%) from $1.78M to $1.42M.
Destinations In March 2023, Tanned Equine and Bovine Hides were exported mostly to China ($25.1M), Italy ($7.81M), Hong Kong ($2.47M), Vietnam ($1.21M), and Mexico ($1.14M), and were imported mostly from Uruguay ($438k), United States ($348k), Argentina ($338k), Brazil ($107k), and Italy ($101k).
Growth In March 2023, the decrease in Tanned Equine and Bovine Hides's year-by-year exports was explained primarily by a decrease in exports to Italy ($-3.86M or -21.1%), Taiwan ($-682k or -51.8%), and Thailand ($-319k or -79.2%). In March 2023, the decrease in Tanned Equine and Bovine Hides's year-by-year imports was explained primarily by a decrease in imports from United States ($-400k or -32%), Argentina ($-79.8k or -46.2%), and Paraguay ($-78.9k or -26.8%).