Overview: This page contains the latest trade data of Tanned Sheep Hides. In 2018, Tanned Sheep Hides were the world's 914th most traded product, with a total trade of $991M. Between 2017 and 2018 the exports of Tanned Sheep Hides decreased by -1.54%, from $1.01B to $991M. Trade in Tanned Sheep Hides represent 0.0054% of total world trade.
Exports: In 2018 the top exporters of Tanned Sheep Hides were Italy ($145M), Spain ($115M), Nigeria ($113M), India ($93.3M), and France ($71.1M).
Imports: In 2018 the top importers of Tanned Sheep Hideswere Italy ($251M), China ($119M), India ($75.6M), Hong Kong ($70.9M), and France ($64.4M).
Tariffs: In 2018 the average tariff for Tanned Sheep Hides was 4.86%, been the 843 lowest tariff using the HS4 product classification.
Between 2017 and 2018, the fastest growing importers of Tanned Sheep Hides were Spain ($13.8M), Thailand ($10.2M), Vietnam ($9.19M), Italy ($5.82M), and France ($5.6M).
This chart shows the evolution of the market concentration of exports of Tanned Sheep Hides.
In 2018, market concentration measured using Shannon Entropy, was 4.49. This means that most of the exports of Tanned Sheep Hides are explained by 22 countries.
This map shows which countries export or import more of Tanned Sheep Hides. Each country is colored based on the difference in exports and imports of Tanned Sheep Hides during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Tanned Sheep Hides were Nigeria ($113M), Spain ($56.9M), Ethiopia ($45.7M), Saudi Arabia ($41.3M), and Turkey ($31.7M).
In 2018, the countries that had a largest trade value in imports than in exports of Tanned Sheep Hides were Italy ($106M), China ($91.9M), Hong Kong ($57.4M), Vietnam ($48.8M), and South Korea ($26.2M).
In 2018, the average tariff for importing Tanned Sheep Hides was 4.86%. The countries with the highest tariffs for importing Tanned Sheep Hides were Bahamas (40.2%), Sudan (35%), Bermuda (25%), Syria (23%), and Malawi (22.6%).
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.