HS Icon Sheep Hides

4102 (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).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): Australia, $271M

Top Destination (2018): China, $392M

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).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

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).

Explore Visualizations

Market Concentration

#permalink to section

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.

Explore Visualizations

TOP NET EXPORTER (2018): Australia, $271M

TOP NET IMPORTER (2018): China, $389M

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).

Import Tariffs

#permalink to section

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%).

Explore Tariff Data

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Filter

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.