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Pricing

2022
Exports $9.35MWorld Rnk 8 / 120
Flag Rnk 1067 / 1217
2022
Destination $1.56M Japan
2021 - 2022
FASTEST GROWING MARKET $1.56MJapan
2022
Imports $2.11MWorld Rnk 25 / 115
Flag Rnk 1182 / 1216
2022
Origin $449k Belgium
2021 - 2022
FASTEST GROWING ORIGIN $449kChina
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $9.35M in Equine and Bovine Hides, making it the 8th largest exporter of Equine and Bovine Hides in the world. At the same year, Equine and Bovine Hides was the 1067th most exported product in United States. The main destination of Equine and Bovine Hides exports from United States are: Japan ($3.25M), Thailand ($1.33M), China ($1.28M), Hong Kong ($919k), and Vietnam ($687k).

The fastest growing export markets for Equine and Bovine Hides of United States between 2021 and 2022 were Japan ($1.56M), Israel ($267k), and Italy ($243k).

Imports In 2022, United States imported $2.11M in Equine and Bovine Hides, becoming the 25th largest importer of Equine and Bovine Hides in the world. At the same year, Equine and Bovine Hides was the 1182nd most imported product in United States. United States imports Equine and Bovine Hides primarily from: Belgium ($565k), China ($449k), Thailand ($351k), Mexico ($317k), and Canada ($84.6k).

The fastest growing import markets in Equine and Bovine Hides for United States between 2021 and 2022 were China ($449k), Thailand ($95.4k), and Colombia ($74k).

COMPANIES In 2023, leading companies such as Fyffes (434), Lineage Cold Storage (409), and Samsung (348) were at the forefront of shipping Equine and Bovine Hides to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Equine and Bovine Hides exports accounted up to $52.1M and imports accounted up to $716k, resulting in a positive trade balance of $51.4M. Between June 2023 and June 2024 the exports of United States'   Equine and Bovine Hides have decreased by $-8.16M (-13.6%) from $60.2M to $52.1M, while imports increased by $201k (39%) from $515k to $716k.

Destinations In June 2024, Equine and Bovine Hides were exported mostly to China ($33.5M), South Korea ($5.59M), Mexico ($4.98M), Thailand ($3.44M), and Brazil ($2.23M), and were imported mostly from Canada ($553k), Mexico ($134k), Montenegro ($14.4k), Colombia ($10.3k), and South Africa ($1.9k).

Growth In June 2024, the decrease in Equine and Bovine Hides's year-by-year exports was explained primarily by a decrease in exports to China ($-4.41M or -8.83%), Thailand ($-2.89M or -53.3%), and South Korea ($-2.83M or -27.5%). In June 2024, the increase in Equine and Bovine Hides's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-8.16M(-13.6%)
IMPORT GROWTH (June 2023 - June 2024)$201k(39%)
MAIN EXPORTER (June 2024)Nebraska$11.6M
MAIN DESTINATION (June 2024)China$33.5M

This section shows Equine and Bovine 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 Equine and Bovine Hides over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$9.35M
IMPORTS (2022)$2.11M
NET TRADE (2022)$7.24M

In 2022, United States exported $9.35M in Equine and Bovine Hides. The main destinations of United States exports on Equine and Bovine Hides were Japan ($3.25M), Thailand ($1.33M), China ($1.28M), Hong Kong ($919k), and Vietnam ($687k).

In 2022, United States imported $2.11M in Equine and Bovine Hides, mainly from Belgium ($565k), China ($449k), Thailand ($351k), Mexico ($317k), and Canada ($84.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Equine and Bovine Hides EXPORT MARKETS FOR United States WERE (2021 - 2022):
Japan$1.56M (92.5%)
Israel$267k (277%)
Italy$243k (328%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Equine and Bovine Hides BY United States WERE (2021 - 2022):
Thailand-$3.61M (-73%)
China-$2.83M (-68.8%)
Spain-$818k (-90.4%)
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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 Equine and Bovine Hides were:
Italy $68.5M
Austria $31.3M
Germany $16.4M
In 2022, United States's main importing competitors in Equine and Bovine Hides were:
Germany $35.5M
Nigeria $24.5M
Serbia $18.6M

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Trade Value of Equine and Bovine Hides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $8.14M
TOP IMPORT POTENTIALCanada+ $2.87M

Equine and Bovine Hides’s highest export potential is Italy. With an export gap of $8.14M.   Equine and Bovine Hides’s highest import potential is Canada with an import gap of $2.87M.

See methodology.

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