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410431 (Harmonized System 1992 for 6-digit)

2023
World Trade $5.78BRnk 629 / 4644
2023
Top Exporter | Top Importer $1.77B | $644MItaly | China
2023
Product Complexity -0.83Rnk 3632 / 4656
2022 - 2023
Export Growth (CAGR) -11.1%Rnk 2840 / 4644
2023
Share of World Trade 0.026%Rnk 629 / 4644

About

Overview This page contains the latest trade data of Bovine and equine leather, full or split grain, nes. In 2023, Bovine and equine leather, full or split grain, nes were the world's 629th most traded product, with a total trade of $5.78B. Between 2022 and 2023 the exports of Bovine and equine leather, full or split grain, nes decreased by -11.1%, from $6.5B to $5.78B. Trade in Bovine and equine leather, full or split grain, nes represent 0.026% of total world trade.

Bovine and equine leather, full or split grain, nes are a part of Tanned Equine and Bovine Hides.

Exports In 2023 the top exporters of Bovine and equine leather, full or split grain, nes  were Italy ($1.77B), Brazil ($679M), China ($442M), Germany ($296M), and Argentina ($185M).

Imports In 2023 the top importers of Bovine and equine leather, full or split grain, nes were China ($644M), Vietnam ($512M), United States ($354M), Hong Kong ($289M), and Italy ($281M).

Ranking Bovine and equine leather, full or split grain, nes ranks 3632nd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Bovine and equine leather, full or split grain, nes. 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)Italy$1.77B
Top Destination (2023)China$644M

In 2023 Bovine and equine leather, full or split grain, nes were the world's 629th most traded product (out of 4,644).

In 2023, the top exporters of Bovine and equine leather, full or split grain, nes were Italy ($1.77B), Brazil ($679M), China ($442M), Germany ($296M), and Argentina ($185M).

In 2023, the top importers of Bovine and equine leather, full or split grain, nes were China ($644M), Vietnam ($512M), United States ($354M), Hong Kong ($289M), and Italy ($281M).

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Exporters of Bovine and equine leather, full or split grain, nes (2023)
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Importers of Bovine and equine leather, full or split grain, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$59.3M
Top Destination Growth (2022 -  2023)Vietnam$181M

Between 2022 and 2023, the exports of Bovine and equine leather, full or split grain, nes grew the fastest in China ($59.3M), Poland ($47.3M), Hong Kong ($21.7M), South Africa ($19.8M), and Mexico ($10.9M).

Between 2022 and 2023, the fastest growing importers of Bovine and equine leather, full or split grain, nes were Vietnam ($181M), Tunisia ($24.2M), Albania ($23.7M), Ukraine ($19.1M), and Serbia ($14.4M).

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Exporters of Bovine and equine leather, full or split grain, nes (2022 - 2023)

Importers of Bovine and equine leather, full or split grain, nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bovine and equine leather, full or split grain, nes.

In 2023, market concentration measured using Shannon Entropy, was 4.17. This means that most of the exports of Bovine and equine leather, full or split grain, nes are explained by 18 countries.

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Value of Exports in Bovine and equine leather, full or split grain, nes

Net Trade

TOP NET EXPORTER (2023)Italy$1.49B
TOP NET IMPORTER (2023)Vietnam$427M

This map shows which countries export or import more of Bovine and equine leather, full or split grain, nes. Each country is colored based on the difference in exports and imports of Bovine and equine leather, full or split grain, nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Bovine and equine leather, full or split grain, nes were Italy ($1.49B), Brazil ($675M), Argentina ($171M), Austria ($122M), and Pakistan ($81.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Bovine and equine leather, full or split grain, nes were Vietnam ($427M), United States ($268M), Hong Kong ($244M), China ($202M), and Romania ($163M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Bovine and equine leather, full or split grain, nes.
It is possible to select the main countries that export or import Bovine and equine leather, full or split grain, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Bovine and equine leather, full or split grain, nes by percentage of total exports

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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