2022
Exports
$51.2MWorld Rnk 41 / 165
Flag Rnk 341 / 1194
2022
PRODUCT COMPLEXITY IN Tanned Equine and Bovine Hides
-1Rnk 841 / 1025
2022
Imports
$464MWorld Rnk 8 / 191
Flag Rnk 113 / 1206
2022
ECONOMIC COMPLEXITY of Indonesia
-0.012Rnk 67 / 133

About

Exports In 2022, Indonesia exported $51.2M in Tanned Equine and Bovine Hides, making it the 41st largest exporter of Tanned Equine and Bovine Hides in the world. At the same year, Tanned Equine and Bovine Hides was the 341st most exported product in Indonesia. The main destination of Tanned Equine and Bovine Hides exports from Indonesia are: Vietnam ($18.5M), China ($9.96M), India ($6.43M), Malaysia ($3.57M), and Thailand ($3.54M).

The fastest growing export markets for Tanned Equine and Bovine Hides of Indonesia between 2021 and 2022 were Vietnam ($4.91M), India ($2.43M), and Thailand ($2M).

Imports In 2022, Indonesia imported $464M in Tanned Equine and Bovine Hides, becoming the 8th largest importer of Tanned Equine and Bovine Hides in the world. At the same year, Tanned Equine and Bovine Hides was the 113th most imported product in Indonesia. Indonesia imports Tanned Equine and Bovine Hides primarily from: Vietnam ($116M), China ($93.2M), Thailand ($86.4M), South Korea ($38.9M), and Italy ($24.8M).

The fastest growing import markets in Tanned Equine and Bovine Hides for Indonesia between 2021 and 2022 were Thailand ($25.6M), Vietnam ($11.7M), and Hong Kong ($7.35M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Tanned Equine and Bovine Hides. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$51.2M
IMPORTS (2022)$464M
NET TRADE (2022)-$413M

In 2022, Indonesia exported $51.2M in Tanned Equine and Bovine Hides. The main destinations of Indonesia exports on Tanned Equine and Bovine Hides were Vietnam ($18.5M), China ($9.96M), India ($6.43M), Malaysia ($3.57M), and Thailand ($3.54M).

In 2022, Indonesia imported $464M in Tanned Equine and Bovine Hides, mainly from Vietnam ($116M), China ($93.2M), Thailand ($86.4M), South Korea ($38.9M), and Italy ($24.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tanned Equine and Bovine Hides EXPORT MARKETS FOR Indonesia WERE (2021 - 2022):
Vietnam$4.91M (36.1%)
India$2.43M (60.7%)
Thailand$2M (130%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tanned Equine and Bovine Hides BY Indonesia WERE (2021 - 2022):
China-$1.9M (-16%)
Hong Kong-$1.23M (-31.9%)
Chinese Taipei-$673k (-31.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Indonesia's main exporting competitors in Tanned Equine and Bovine Hides were:
In 2022, Indonesia's main importing competitors in Tanned Equine and Bovine Hides were:
China $2.31B
Italy $1.69B
Vietnam $1.34B

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Trade Value of Tanned Equine and Bovine Hides by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1.46M
TOP IMPORT POTENTIALArgentina+ $1.28M

Tanned Equine and Bovine Hides’s highest export potential is China. With an export gap of $1.46M.   Tanned Equine and Bovine Hides’s highest import potential is Argentina with an import gap of $1.28M.

See methodology.

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