Sheep Hides4102 (Harmonized System 1992 for 4-digit)
World Trade (2018): $672M, Rnk 987 / 1225
Top Exporter (2018): $271M, Australia
Top Importer (2018): $392M, China
Product Complexity (2018): -1.7, Rnk 969 / 1018
Export Growth (CAGR)(2017 - 2018): -6.65%, Rnk 1153 / 1225
Mean Tariff (2018): 3.11%, Rnk 1121 / 1259
Share of World Trade (2018): 0.0037%, Rnk 987 / 1225
Overview: This page contains the latest trade data of Sheep Hides. In 2018, Sheep Hides were the world's 987th most traded product, with a total trade of $672M. Between 2017 and 2018 the exports of Sheep Hides decreased by -6.65%, from $720M to $672M. Trade in Sheep Hides represent 0.0037% of total world trade.
Exports: In 2018 the top exporters of Sheep Hides were Australia ($271M), New Zealand ($54.9M), Spain ($51.7M), South Africa ($48.2M), and United Kingdom ($45.2M).
Imports: In 2018 the top importers of Sheep Hides were China ($392M), Turkey ($68.8M), Italy ($59.8M), Pakistan ($25.5M), and Spain ($22.8M).
Tariffs: In 2018 the average tariff for Sheep Hides was 3.11%, been the 1121 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Sheep Hides are Bahamas (40.2%), Sudan (35%), Bermuda (25%), Turkmenistan (20%), and Samoa (20%). The countries with the lowest tariffs are Ethiopia (0%), Mauritius (0%), Armenia (0%), Hong Kong (0%), and Indonesia (0%).
Ranking: Sheep Hides ranks 969th in the Product Complexity Index (PCI).
Trade By Country
Sheep Hides are the world's 987th most traded product.
In 2018, the top exporters of Sheep Hides were Australia ($271M), New Zealand ($54.9M), Spain ($51.7M), South Africa ($48.2M), and United Kingdom ($45.2M).
In 2018, the top importers of Sheep Hides were China ($392M), Turkey ($68.8M), Italy ($59.8M), Pakistan ($25.5M), and Spain ($22.8M).
Trade by country
Top Origin Growth (2017 - 2018): Australia, $7.18M
Top Destination Growth (2017 - 2018): Turkey, $11.3M
Between 2017 and 2018, the exports of Sheep Hides grew the fastest in Australia ($7.18M), Spain ($5.87M), Yemen ($2.37M), China ($2.07M), and Burma ($1.13M).
Between 2017 and 2018, the fastest growing importers of Sheep Hides were Turkey ($11.3M), Malaysia ($1.64M), Portugal ($1.57M), Argentina ($1.02M), and Pakistan ($891k).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Sheep Hides.
In 2018, market concentration measured using Shannon Entropy, was 3.63. This means that most of the exports of Sheep Hides are explained by 12 countries.
This map shows which countries export or import more of Sheep Hides. Each country is colored based on the difference in exports and imports of Sheep Hides during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Sheep Hides were Australia ($271M), New Zealand ($53.9M), South Africa ($48.1M), United Kingdom ($42.9M), and Spain ($28.9M).
In 2018, the countries that had a largest trade value in imports than in exports of Sheep Hides were China ($389M), Turkey ($63.7M), Italy ($35M), Pakistan ($25.5M), and Russia ($12.5M).
In 2018, the average tariff for importing Sheep Hides was 3.11%. The countries with the highest tariffs for importing Sheep Hides were Bahamas (40.2%), Sudan (35%), Bermuda (25%), Turkmenistan (20%), and Samoa (20%).
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.
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