Tanned Equine and Bovine Hides in Brazil 2021 Exports | Imports : $1.41B | $83.8M, World Rnk 3 / 164 Rnk 28 / 1202 | World Rnk 35 / 189 Rnk 327 / 1196
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $150M | $19.9M, China | United States
2021 ECONOMIC COMPLEXITY of Brazil: 0.33, Rnk 49 / 131
2021 PRODUCT COMPLEXITY IN Tanned Equine and Bovine Hides: -0.91, Rnk 814 / 1029
Exports In 2021, Brazil exported $1.41B in Tanned Equine and Bovine Hides, making it the 3rd largest exporter of Tanned Equine and Bovine Hides in the world. At the same year, Tanned Equine and Bovine Hides was the 28th most exported product in Brazil. The main destination of Tanned Equine and Bovine Hides exports from Brazil are: China ($418M), Italy ($213M), United States ($188M), Vietnam ($97.7M), and Hong Kong ($63.6M).
The fastest growing export markets for Tanned Equine and Bovine Hides of Brazil between 2020 and 2021 were China ($150M), Italy ($56.1M), and Vietnam ($40.1M).
Imports In 2021, Brazil imported $83.8M in Tanned Equine and Bovine Hides, becoming the 35th largest importer of Tanned Equine and Bovine Hides in the world. At the same year, Tanned Equine and Bovine Hides was the 327th most imported product in Brazil. Brazil imports Tanned Equine and Bovine Hides primarily from: United States ($33.4M), Uruguay ($21.2M), Argentina ($6.75M), Paraguay ($5.45M), and Bolivia ($3.78M).
The fastest growing import markets in Tanned Equine and Bovine Hides for Brazil between 2020 and 2021 were United States ($19.9M), Uruguay ($16M), and Paraguay ($3.79M).
Tariffs In 2017, the average tariff for Brazil in Tanned Equine and Bovine Hides was 8.11%. The countries with the highest import tariffs for Tanned Equine and Bovine Hides were India (Most Favoured Nation duty rate treatment, 8.67%), Angola (Most Favoured Nation duty rate treatment, 8.45%), Burundi (Most Favoured Nation duty rate treatment, 8.45%), Benin (Most Favoured Nation duty rate treatment, 8.45%), and Burkina Faso (Most Favoured Nation duty rate treatment, 8.45%).
March 2023
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%).
EXPORT GROWTH (March 2022 - March 2023): $-2.82M, (-5.83%)
IMPORT GROWTH (March 2022 - March 2023): $-356k, (-20%)
MAIN EXPORTER (March 2023): Rio Grande Do Sul, $10.5M
MAIN DESTINATION (March 2023): China, $25.1M
This section shows Tanned Equine and Bovine Hides's exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Tanned Equine and Bovine Hides over time.
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EXPORTS (2021): $1.41B
IMPORTS (2021): $83.8M
NET TRADE (2021): $1.33B
In 2021, Brazil exported $1.41B in Tanned Equine and Bovine Hides. The main destinations of Brazil exports on Tanned Equine and Bovine Hides were China ($418M), Italy ($213M), United States ($188M), Vietnam ($97.7M), and Hong Kong ($63.6M).
In 2021, Brazil imported $83.8M in Tanned Equine and Bovine Hides, mainly from United States ($33.4M), Uruguay ($21.2M), Argentina ($6.75M), Paraguay ($5.45M), and Bolivia ($3.78M).
THE FASTEST GROWING Tanned Equine and Bovine Hides EXPORT MARKETS FOR Brazil WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tanned Equine and Bovine Hides BY Brazil WERE (2020 - 2021):
In 2021, Brazil's main exporting competitors in Tanned Equine and Bovine Hides were:
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