2023
Exports
$1.8BWorld Rnk 10 / 225
Flag Rnk 17 / 21
2023
PRODUCT COMPLEXITY IN Animal Hides
-0.046Rnk 575 / 1025
2023
Imports
$2.07BWorld Rnk 15 / 225
Flag Rnk 16 / 21
2023
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 132

About

Exports In 2023, Thailand exported $1.8B in Animal Hides, making it the 10th largest exporter of Animal Hides in the world. At the same year, Animal Hides was the 17th most exported product in Thailand. The main destination of Animal Hides exports from Thailand are: China ($462M), United States ($378M), Vietnam ($199M), Indonesia ($130M), and Japan ($62.7M).

The fastest growing export markets for Animal Hides of Thailand between 2022 and 2023 were China ($165M), Indonesia ($34.9M), and South Korea ($23.6M).

Imports In 2023, Thailand imported $2.07B in Animal Hides, becoming the 15th largest importer of Animal Hides in the world. At the same year, Animal Hides was the 16th most imported product in Thailand. Thailand imports Animal Hides primarily from: China ($732M), Italy ($248M), France ($166M), Denmark ($144M), and Finland ($129M).

The fastest growing import markets in Animal Hides for Thailand between 2022 and 2023 were Denmark ($84.6M), Finland ($52.7M), and China ($47.3M).

COMPANIES In 2024, leading companies such as Electrolux (8), Tmall (4), and Costco Wholesale (2) were at the forefront of shipping Animal Hides from Thailand to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Animal Hides. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.8B
IMPORTS (2023)$2.07B
NET TRADE (2023)-$265M

In 2023, Thailand exported $1.8B in Animal Hides. The main destinations of Thailand exports on Animal Hides were China ($462M), United States ($378M), Vietnam ($199M), Indonesia ($130M), and Japan ($62.7M).

In 2023, Thailand imported $2.07B in Animal Hides, mainly from China ($732M), Italy ($248M), France ($166M), Denmark ($144M), and Finland ($129M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Animal Hides EXPORT MARKETS FOR Thailand WERE (2022 - 2023):
China$165M (55.5%)
Indonesia$34.9M (36.5%)
South Korea$23.6M (94.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Hides BY Thailand WERE (2022 - 2023):
United States-$76.3M (-16.8%)
Vietnam-$53.3M (-21.1%)
Laos-$10.4M (-35.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Animal Hides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $46.6M
TOP IMPORT POTENTIALChina+ $89.7M

Animal Hides’s highest export potential is United States. With an export gap of $46.6M.   Animal Hides’s highest import potential is China with an import gap of $89.7M.

See methodology.

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