Overview In February 2023 Brazil's Tanned Equine and Bovine Hides exports accounted up to $32M and imports accounted up to $1.26M, resulting in a positive trade balance of $30.8M. Between February 2022 and February 2023 the exports of Brazil's Tanned Equine and Bovine Hides have decreased by $-7.02M (-18%) from $39.1M to $32M, while imports decreased by $-375k (-22.9%) from $1.64M to $1.26M.
Destinations In February 2023, Tanned Equine and Bovine Hides were exported mostly to China ($14.7M), Italy ($6.59M), Vietnam ($2.5M), Hong Kong ($1.59M), and Taiwan ($1.2M), and were imported mostly from Uruguay ($465k), Argentina ($326k), United States ($238k), Italy ($224k), and Paraguay ($11.6k).
Growth In February 2023, the decrease in Tanned Equine and Bovine Hides's year-by-year exports was explained primarily by a decrease in exports to Italy ($-3.86M or -21.1%), Taiwan ($-682k or -51.8%), and Thailand ($-319k or -79.2%). In February 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%).