2022
Exports
$651MWorld Rnk 7 / 178
Flag Rnk 53 / 96
2022
PRODUCT COMPLEXITY IN Raw hides & skin (non-fur)
-0.66Rnk 745 / 1025
2022
Imports
$656MWorld Rnk 6 / 200
Flag Rnk 51 / 96
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $651M in Raw hides & skin (non-fur), making it the 7th largest exporter of Raw hides & skin (non-fur) in the world. At the same year, Raw hides & skin (non-fur) was the 53rd most exported product in Thailand. The main destination of Raw hides & skin (non-fur) exports from Thailand are: Vietnam ($226M), China ($104M), Indonesia ($86.8M), India ($61.6M), and Hong Kong ($47.3M).

The fastest growing export markets for Raw hides & skin (non-fur) of Thailand between 2021 and 2022 were Vietnam ($47.6M), Indonesia ($25.8M), and India ($8.91M).

Imports In 2022, Thailand imported $656M in Raw hides & skin (non-fur), becoming the 6th largest importer of Raw hides & skin (non-fur) in the world. At the same year, Raw hides & skin (non-fur) was the 51st most imported product in Thailand. Thailand imports Raw hides & skin (non-fur) primarily from: Uruguay ($119M), Argentina ($117M), United States ($109M), Brazil ($47.4M), and Japan ($44.9M).

The fastest growing import markets in Raw hides & skin (non-fur) for Thailand between 2021 and 2022 were Uruguay ($27.9M), United States ($14.6M), and South Korea ($13.4M).

COMPANIES In 2023, leading companies such as Walong Marketing (1) and Kubota (1) were at the forefront of shipping Raw hides & skin (non-fur) from Thailand to the United States.

Latest Trends

Jul 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 Raw hides & skin (non-fur). 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 (2022)$651M
IMPORTS (2022)$656M
NET TRADE (2022)-$4.85M

In 2022, Thailand exported $651M in Raw hides & skin (non-fur). The main destinations of Thailand exports on Raw hides & skin (non-fur) were Vietnam ($226M), China ($104M), Indonesia ($86.8M), India ($61.6M), and Hong Kong ($47.3M).

In 2022, Thailand imported $656M in Raw hides & skin (non-fur), mainly from Uruguay ($119M), Argentina ($117M), United States ($109M), Brazil ($47.4M), and Japan ($44.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw hides & skin (non-fur) EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
Vietnam$47.6M (26.7%)
Indonesia$25.8M (42.2%)
India$8.91M (16.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw hides & skin (non-fur) BY Thailand WERE (2021 - 2022):
Hong Kong-$16.3M (-25.7%)
Laos-$8.17M (-22.8%)
Bangladesh-$4.07M (-37%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Raw hides & skin (non-fur) were:
In 2022, Thailand's main importing competitors in Raw hides & skin (non-fur) were:
China $2.76B
Italy $2.37B
Vietnam $1.54B

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Trade Value of Raw hides & skin (non-fur) by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $14.1M
TOP IMPORT POTENTIALItaly+ $6.96M

Raw hides & skin (non-fur)’s highest export potential is China. With an export gap of $14.1M.   Raw hides & skin (non-fur)’s highest import potential is Italy with an import gap of $6.96M.

See methodology.

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