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VII (Harmonized System 1992 for Section)

2023
World Trade $113BRnk 19 / 21
2023
Top Exporter | Top Importer $34.2B | $14.6BChina | United States
2023
Product Complexity 0.23Rnk 12 / 21
2022 - 2023
Export Growth (CAGR) -0.97%Rnk 6 / 21
2023
Share of World Trade 0.5%Rnk 19 / 21

About

Overview This page contains the latest trade data of Animal Hides. In 2023, Animal Hides were the world's 19th most traded product, with a total trade of $113B. Between 2022 and 2023 the exports of Animal Hides decreased by -0.97%, from $114B to $113B. Trade in Animal Hides represent 0.5% of total world trade.

Animal Hides include Leather articles, Raw hides & skin (non-fur), and Furskins, articifial fur, & articles.

Exports In 2023 the top exporters of Animal Hides  were China ($34.2B), Italy ($17.5B), France ($13.6B), Vietnam ($5.01B), and India ($3.57B).

Imports In 2023 the top importers of Animal Hides were United States ($14.6B), China ($8.66B), Italy ($7.02B), France ($6.32B), and Japan ($6.09B).

Ranking Animal Hides ranks 12th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Animal Hides. Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$34.2B
Top Destination (2023)United States$14.6B

In 2023 Animal Hides were the world's 19th most traded product (out of 21).

In 2023, the top exporters of Animal Hides were China ($34.2B), Italy ($17.5B), France ($13.6B), Vietnam ($5.01B), and India ($3.57B).

In 2023, the top importers of Animal Hides were United States ($14.6B), China ($8.66B), Italy ($7.02B), France ($6.32B), and Japan ($6.09B).

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Exporters of Animal Hides (2023)
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Importers of Animal Hides (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)France$1.05B
Top Destination Growth (2022 -  2023)Hong Kong$1.1B

Between 2022 and 2023, the exports of Animal Hides grew the fastest in France ($1.05B), Hong Kong ($614M), Italy ($527M), Denmark ($155M), and Germany ($98.9M).

Between 2022 and 2023, the fastest growing importers of Animal Hides were Hong Kong ($1.1B), China ($827M), Japan ($368M), Kazakhstan ($284M), and Italy ($232M).

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Exporters of Animal Hides (2022 - 2023)

Importers of Animal Hides (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Animal Hides.

In 2023, market concentration measured using Shannon Entropy, was 4.05. This means that most of the exports of Animal Hides are explained by 16 countries.

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Value of Exports in Animal Hides

Net Trade

TOP NET EXPORTER (2023)China$25.6B
TOP NET IMPORTER (2023)United States$12B

This map shows which countries export or import more of Animal Hides. Each country is colored based on the difference in exports and imports of Animal Hides during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Animal Hides were China ($25.6B), Italy ($10.5B), France ($7.32B), Vietnam ($2.7B), and India ($2.63B).

In 2023, the countries that had a largest trade value in imports than in exports of Animal Hides were United States ($12B), Japan ($5.74B), South Korea ($3.78B), Hong Kong ($3.74B), and United Kingdom ($2.57B).

Net Trade (2023)

Disaggregation

Value
Disaggregation

In 2023, the world most traded Animal Hides, disaggragated by their HS6 level were Leather articles ($92.7B), Raw hides & skin (non-fur) ($16.6B), and Furskins, articifial fur, & articles ($3.95B)

HS6 Disaggregation for Animal Hides (2023)
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Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Animal Hides.
It is possible to select the main countries that export or import Animal Hides in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Animal Hides by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $507M
TOP IMPORT POTENTIALVietnam+ $300M

Animal Hides’s highest export potential is United States. With an export gap of $507M.  Animal Hides’s highest import potential is Vietnam with an import gap of $300M.

See methodology.

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Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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