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%).