Tanned Equine and Bovine Hides in China 2020 Exports | Imports : $553M | $1.93B, World Rnk 4 / 159 Rnk 475 / 1215 | World Rnk 1 / 184 Rnk 131 / 1214
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $11M | $20.6M, Vietnam | Argentina
2020 ECONOMIC COMPLEXITY of China: 0.96, Rnk 28 / 127
2020 PRODUCT COMPLEXITY IN Tanned Equine and Bovine Hides: -0.94, Rnk 819 / 1029
Exports In 2020, China exported $553M in Tanned Equine and Bovine Hides, making it the 4th largest exporter of Tanned Equine and Bovine Hides in the world. At the same year, Tanned Equine and Bovine Hides was the 475th most exported product in China. The main destination of Tanned Equine and Bovine Hides exports from China are: Vietnam ($244M), Hong Kong ($109M), Indonesia ($53M), Cambodia ($30.2M), and Bangladesh ($22.7M).
The fastest growing export markets for Tanned Equine and Bovine Hides of China between 2019 and 2020 were Vietnam ($11M), Mexico ($4.56M), and Singapore ($1.97M).
Imports In 2020, China imported $1.93B in Tanned Equine and Bovine Hides, becoming the 1st largest importer of Tanned Equine and Bovine Hides in the world. At the same year, Tanned Equine and Bovine Hides was the 131st most imported product in China. China imports Tanned Equine and Bovine Hides primarily from: United States ($456M), Brazil ($268M), Italy ($137M), Australia ($129M), and Argentina ($95.3M).
The fastest growing import markets in Tanned Equine and Bovine Hides for China between 2019 and 2020 were Argentina ($20.6M), Ireland ($7.08M), and Mexico ($6.68M).
Tariffs In 2018, the average tariff for China in Tanned Equine and Bovine Hides was 4.93%. The countries with the highest import tariffs for Tanned Equine and Bovine Hides were Burkina Faso (Most Favoured Nation duty rate treatement, 6.33%), Botswana (Most Favoured Nation duty rate treatement, 6.33%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 6.33%), Cameroon (Most Favoured Nation duty rate treatement, 6.33%), and Democratic Republic of the Congo (Most Favoured Nation duty rate treatement, 6.33%).
December 2022
Overview In December 2022 China's Tanned Equine and Bovine Hides exports accounted up to $6.41M and imports accounted up to $65.8M, resulting in a negative trade balance of $59.4M. Between December 2021 and December 2022 the exports of China's Tanned Equine and Bovine Hides have decreased by $-1.41M (-18%) from $7.82M to $6.41M, while imports decreased by $-36.6M (-35.8%) from $102M to $65.8M.
Destinations In December 2022, Tanned Equine and Bovine Hides were exported mostly to Indonesia ($2.2M), Vietnam ($1.53M), Singapore ($967k), Philippines ($256k), and United States ($224k), and were imported mostly from Brazil ($22.7M), United States ($10.5M), Bangladesh ($5.25M), Argentina ($4.32M), and Italy ($3.63M).
Growth In December 2022, the decrease in Tanned Equine and Bovine Hides's year-by-year exports was explained primarily by a decrease in exports to Vietnam ($-1.22M or -54.3%), Philippines ($-110k or -98.3%), and Cambodia ($-48.9k or -90.5%). In December 2022, the decrease in Tanned Equine and Bovine Hides's year-by-year imports was explained primarily by a decrease in imports from Uzbekistan ($-1.65M or -69.9%), Uruguay ($-832k or -41.5%), and South Korea ($-450k or -22.5%).
EXPORT GROWTH (December 2021 - December 2022): $-1.41M, (-18%)
IMPORT GROWTH (December 2021 - December 2022): $-36.6M, (-35.8%)
MAIN EXPORTER (December 2022): Fujian Province, $1.6M
MAIN DESTINATION (December 2022): Indonesia, $2.2M
This section shows Tanned Equine and Bovine Hides's exports and imports data at subnational level for China. 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 (2020): $553M
IMPORTS (2020): $1.93B
NET TRADE (2020): -$1.37B
In 2020, China exported $553M in Tanned Equine and Bovine Hides. The main destinations of China exports on Tanned Equine and Bovine Hides were Vietnam ($244M), Hong Kong ($109M), Indonesia ($53M), Cambodia ($30.2M), and Bangladesh ($22.7M).
In 2020, China imported $1.93B in Tanned Equine and Bovine Hides, mainly from United States ($456M), Brazil ($268M), Italy ($137M), Australia ($129M), and Argentina ($95.3M).
THE FASTEST GROWING Tanned Equine and Bovine Hides EXPORT MARKETS FOR China WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tanned Equine and Bovine Hides BY China WERE (2019 - 2020):
In 2020, China's main exporting competitors in Tanned Equine and Bovine Hides were:
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