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2022
Exports $1.23BWorld Rnk 3 / 165
Flag Rnk 32 / 1206
2022
Destination $26.1M China
2021 - 2022
FASTEST GROWING MARKET $26.1MUnited States
2022
PRODUCT COMPLEXITY IN Tanned Equine and Bovine Hides-1Rnk 841 / 1025
2022
Imports $79.4MWorld Rnk 35 / 191
Flag Rnk 363 / 1198
2022
Origin $4.21M United States
2021 - 2022
FASTEST GROWING ORIGIN $4.21MUruguay
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $1.23B in Tanned Equine and Bovine Hides, making it the 3rd largest exporter of Tanned Equine and Bovine Hides in the world. At the same year, Tanned Equine and Bovine Hides was the 32nd most exported product in Brazil. The main destination of Tanned Equine and Bovine Hides exports from Brazil are: China ($281M), United States ($213M), Italy ($205M), Mexico ($68.3M), and Vietnam ($63.3M).

The fastest growing export markets for Tanned Equine and Bovine Hides of Brazil between 2021 and 2022 were United States ($26.1M), Mexico ($10.8M), and Thailand ($5.85M).

Imports In 2022, Brazil imported $79.4M in Tanned Equine and Bovine Hides, becoming the 35th largest importer of Tanned Equine and Bovine Hides in the world. At the same year, Tanned Equine and Bovine Hides was the 363rd most imported product in Brazil. Brazil imports Tanned Equine and Bovine Hides primarily from: United States ($30.7M), Uruguay ($25.5M), Argentina ($9.31M), Paraguay ($4.8M), and South Africa ($2.15M).

The fastest growing import markets in Tanned Equine and Bovine Hides for Brazil between 2021 and 2022 were Uruguay ($4.21M), Argentina ($2.55M), and South Africa ($836k).

Latest Trends

October 2024

About

Overview In October 2024 Brazil's Tanned Equine and Bovine Hides exports accounted up to $52.6M and imports accounted up to $2.84M, resulting in a positive trade balance of $49.7M. Between October 2023 and October 2024 the exports of Brazil's   Tanned Equine and Bovine Hides have increased by $11.2M (27%) from $41.4M to $52.6M, while imports increased by $932k (48.7%) from $1.91M to $2.84M.

Destinations In October 2024, Tanned Equine and Bovine Hides were exported mostly to China ($29M), Vietnam ($7.78M), Italy ($4.47M), Thailand ($1.94M), and Hong Kong ($1.83M), and were imported mostly from United States ($1.3M), Italy ($869k), Argentina ($300k), Uruguay ($166k), and Paraguay ($131k).

Growth In October 2024, the increase in Tanned Equine and Bovine Hides's year-by-year exports was explained primarily by an increase in exports to China ($5.28M or 27.1%), United States ($659k or 191%), and Thailand ($440k or 527%). In October 2024, the increase in Tanned Equine and Bovine Hides's year-by-year imports was explained primarily by an increase in imports from Argentina ($354k or 381%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$11.2M(27%)
IMPORT GROWTH (October 2023 - October 2024)$932k(48.7%)
MAIN EXPORTER (October 2024)Paraná$14.8M
MAIN DESTINATION (October 2024)China$29M

This section shows Tanned Equine and Bovine Hides's exports and imports data at subnational level for Brazil. 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 Tanned Equine and Bovine Hides over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.23B
IMPORTS (2022)$79.4M
NET TRADE (2022)$1.15B

In 2022, Brazil exported $1.23B in Tanned Equine and Bovine Hides. The main destinations of Brazil exports on Tanned Equine and Bovine Hides were China ($281M), United States ($213M), Italy ($205M), Mexico ($68.3M), and Vietnam ($63.3M).

In 2022, Brazil imported $79.4M in Tanned Equine and Bovine Hides, mainly from United States ($30.7M), Uruguay ($25.5M), Argentina ($9.31M), Paraguay ($4.8M), and South Africa ($2.15M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tanned Equine and Bovine Hides EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
United States$26.1M (13.9%)
Mexico$10.8M (18.8%)
Thailand$5.85M (14.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tanned Equine and Bovine Hides BY Brazil WERE (2021 - 2022):
China-$137M (-32.7%)
Vietnam-$34.3M (-35.2%)
South Korea-$15.6M (-34.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Tanned Equine and Bovine Hides were:
Italy $2.7B
United States $1.57B
In 2022, Brazil's main importing competitors in Tanned Equine and Bovine Hides were:
China $2.31B
Italy $1.69B
Vietnam $1.34B

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Trade Value of Tanned Equine and Bovine Hides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $7.28M
TOP IMPORT POTENTIALArgentina+ $2.3M

Tanned Equine and Bovine Hides’s highest export potential is India. With an export gap of $7.28M.   Tanned Equine and Bovine Hides’s highest import potential is Argentina with an import gap of $2.3M.

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