2023
Exports
$389MWorld Rnk 35 / 225
Flag Rnk 18 / 21
2023
PRODUCT COMPLEXITY IN Animal Hides
-0.046Rnk 575 / 1025
2023
Imports
$2.28BWorld Rnk 14 / 225
Flag Rnk 18 / 21
2023
ECONOMIC COMPLEXITY of Canada
0.9Rnk 30 / 132

About

Exports In 2023, Canada exported $389M in Animal Hides, making it the 35th largest exporter of Animal Hides in the world. At the same year, Animal Hides was the 18th most exported product in Canada. The main destination of Animal Hides exports from Canada are: United States ($168M), China ($89.8M), Mexico ($23.7M), Italy ($17.8M), and South Korea ($13.7M).

The fastest growing export markets for Animal Hides of Canada between 2022 and 2023 were France ($2.27M), Portugal ($1.99M), and Hong Kong ($1.09M).

Imports In 2023, Canada imported $2.28B in Animal Hides, becoming the 14th largest importer of Animal Hides in the world. At the same year, Animal Hides was the 18th most imported product in Canada. Canada imports Animal Hides primarily from: China ($835M), United States ($252M), Italy ($250M), Vietnam ($249M), and France ($136M).

The fastest growing import markets in Animal Hides for Canada between 2022 and 2023 were Indonesia ($18.8M), Vietnam ($7.32M), and South Korea ($4.77M).

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)C$-6.56M(-19.7%)
IMPORT GROWTH (November 2023 - November 2024)C$-37.2M(-16%)
MAIN EXPORTER (November 2024)OntarioC$16.8M
MAIN DESTINATION (November 2024)United StatesC$14.4M

This section shows Animal Hides's exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Animal Hides over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$389M
IMPORTS (2023)$2.28B
NET TRADE (2023)-$1.89B

In 2023, Canada exported $389M in Animal Hides. The main destinations of Canada exports on Animal Hides were United States ($168M), China ($89.8M), Mexico ($23.7M), Italy ($17.8M), and South Korea ($13.7M).

In 2023, Canada imported $2.28B in Animal Hides, mainly from China ($835M), United States ($252M), Italy ($250M), Vietnam ($249M), and France ($136M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Animal Hides EXPORT MARKETS FOR Canada WERE (2022 - 2023):
France$2.27M (82.8%)
Portugal$1.99M (465%)
Hong Kong$1.09M (10.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Hides BY Canada WERE (2022 - 2023):
Japan-$5.65M (-37.6%)
China-$5.29M (-5.56%)
South Korea-$2.12M (-13.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Canada's main exporting competitors in Animal Hides were:
China $34.2B
Italy $17.5B
France $13.6B
In 2023, Canada's main importing competitors in Animal Hides were:

Explore Visualizations

Trade Value of Animal Hides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $123M
TOP IMPORT POTENTIALChina+ $77.8M

Animal Hides’s highest export potential is United States. With an export gap of $123M.   Animal Hides’s highest import potential is China with an import gap of $77.8M.

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