2023
Exports
$61.5MWorld Rnk 4 / 116
Flag Rnk 547 / 1212
2023
PRODUCT COMPLEXITY IN Tanned Sheep Hides
-1.93Rnk 992 / 1025
2023
Imports
$55.1MWorld Rnk 4 / 146
Flag Rnk 567 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $61.5M in Tanned Sheep Hides, making it the 4th largest exporter of Tanned Sheep Hides in the world. At the same year, Tanned Sheep Hides was the 547th most exported product in India. The main destination of Tanned Sheep Hides exports from India are: Vietnam ($26.2M), Italy ($5.01M), China ($4M), Indonesia ($3.91M), and Hong Kong ($3.36M).

The fastest growing export markets for Tanned Sheep Hides of India between 2022 and 2023 were Vietnam ($6.85M), Cambodia ($1.1M), and Germany ($394k).

Imports In 2023, India imported $55.1M in Tanned Sheep Hides, becoming the 4th largest importer of Tanned Sheep Hides in the world. At the same year, Tanned Sheep Hides was the 567th most imported product in India. India imports Tanned Sheep Hides primarily from: Saudi Arabia ($13M), Nigeria ($11.5M), Turkey ($5.24M), United Arab Emirates ($5.22M), and China ($4.7M).

The fastest growing import markets in Tanned Sheep Hides for India between 2022 and 2023 were China ($3.75M), Iran ($2.22M), and Senegal ($749k).

COMPANIES In 2023, leading companies such as Giorgio Armani (1) were at the forefront of shipping Tanned Sheep Hides from India to the United States.

Latest Trends

Dec 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 Sheep 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 (2023)$61.5M
IMPORTS (2023)$55.1M
NET TRADE (2023)$6.44M

In 2023, India exported $61.5M in Tanned Sheep Hides. The main destinations of India exports on Tanned Sheep Hides were Vietnam ($26.2M), Italy ($5.01M), China ($4M), Indonesia ($3.91M), and Hong Kong ($3.36M).

In 2023, India imported $55.1M in Tanned Sheep Hides, mainly from Saudi Arabia ($13M), Nigeria ($11.5M), Turkey ($5.24M), United Arab Emirates ($5.22M), and China ($4.7M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tanned Sheep Hides EXPORT MARKETS FOR India WERE (2022 - 2023):
Vietnam$6.85M (35.4%)
Cambodia$1.1M (77.3%)
Germany$394k (136%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tanned Sheep Hides BY India WERE (2022 - 2023):
China-$3.95M (-49.7%)
Hong Kong-$2.08M (-38.2%)
South Korea-$1.76M (-42%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Tanned Sheep Hides were:
Spain $126M
Italy $125M
China $99.8M
In 2023, India's main importing competitors in Tanned Sheep Hides were:
Italy $257M
France $67.2M
Spain $58.9M

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Trade Value of Tanned Sheep Hides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $403k
TOP IMPORT POTENTIALNigeria+ $3.59M

Tanned Sheep Hides’s highest export potential is Italy. With an export gap of $403k.   Tanned Sheep Hides’s highest import potential is Nigeria with an import gap of $3.59M.

See methodology.

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