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2022
Exports $3.21BWorld Rnk 8 / 224
Flag Rnk 20 / 21
2022
Destination $104M China
2021 - 2022
FASTEST GROWING MARKET $104MCanada
2022
PRODUCT COMPLEXITY IN Animal Hides-0.063Rnk 569 / 1025
2022
Imports $18.1BWorld Rnk 1 / 225
Flag Rnk 18 / 21
2022
Origin $783M China
2021 - 2022
FASTEST GROWING ORIGIN $783MChina
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $3.21B in Animal Hides, making it the 8th largest exporter of Animal Hides in the world. At the same year, Animal Hides was the 20th most exported product in United States. The main destination of Animal Hides exports from United States are: China ($675M), Canada ($532M), Mexico ($483M), Italy ($198M), and Vietnam ($141M).

The fastest growing export markets for Animal Hides of United States between 2021 and 2022 were Canada ($104M), Italy ($23.3M), and France ($22.8M).

Imports In 2022, United States imported $18.1B in Animal Hides, becoming the 1st largest importer of Animal Hides in the world. At the same year, Animal Hides was the 18th most imported product in United States. United States imports Animal Hides primarily from: China ($5.13B), Cambodia ($2.21B), France ($1.94B), Italy ($1.68B), and Vietnam ($1.46B).

The fastest growing import markets in Animal Hides for United States between 2021 and 2022 were China ($783M), Cambodia ($750M), and Vietnam ($428M).

COMPANIES In 2023, leading companies such as Michael Kors (2.03k), CrimsonLogic (944), and Itourscm (763) were at the forefront of shipping Animal Hides to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United States' Animal Hides exports accounted up to $245M and imports accounted up to $1.28B, resulting in a negative trade balance of $1.04B. Between September 2023 and September 2024 the exports of United States'   Animal Hides have decreased by $-17.5M (-6.67%) from $263M to $245M, while imports increased by $113M (9.7%) from $1.17B to $1.28B.

Destinations In September 2024, Animal Hides were exported mostly to Canada ($60.1M), China ($47.7M), Mexico ($31.1M), Italy ($11.8M), and France ($8.78M), and were imported mostly from China ($293M), Cambodia ($202M), Vietnam ($153M), Italy ($126M), and Indonesia ($88M).

Growth In September 2024, the decrease in Animal Hides's year-by-year exports was explained primarily by a decrease in exports to China ($-8.96M or -13.9%), Vietnam ($-4.46M or -38.7%), and South Korea ($-3.06M or -26.2%). In September 2024, the increase in Animal Hides's year-by-year imports was explained primarily by an increase in imports from Vietnam ($20.6M or 21.6%), France ($15.3M or 14.7%), and Thailand ($13.8M or 79.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-17.5M(-6.67%)
IMPORT GROWTH (September 2023 - September 2024)$113M(9.7%)
MAIN EXPORTER (September 2024)California$38M
MAIN DESTINATION (September 2024)Canada$60.1M

This section shows Animal Hides's exports and imports data at subnational level for United States. 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 (2022)$3.21B
IMPORTS (2022)$18.1B
NET TRADE (2022)-$14.9B

In 2022, United States exported $3.21B in Animal Hides. The main destinations of United States exports on Animal Hides were China ($675M), Canada ($532M), Mexico ($483M), Italy ($198M), and Vietnam ($141M).

In 2022, United States imported $18.1B in Animal Hides, mainly from China ($5.13B), Cambodia ($2.21B), France ($1.94B), Italy ($1.68B), and Vietnam ($1.46B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal Hides EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$104M (24.3%)
Italy$23.3M (13.4%)
France$22.8M (33.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Hides BY United States WERE (2021 - 2022):
China-$126M (-15.7%)
Mexico-$35.9M (-6.93%)
Cambodia-$23.4M (-58.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Animal Hides were:
China $38.9B
Italy $15.1B
France $13.1B
In 2022, United States's main importing competitors in Animal Hides were:
China $7.54B
Italy $6.67B

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Trade Value of Animal Hides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $33.7M
TOP IMPORT POTENTIALChina+ $507M

Animal Hides’s highest export potential is Japan. With an export gap of $33.7M.   Animal Hides’s highest import potential is China with an import gap of $507M.

See methodology.

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