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falsefalse Romania
2021 - 2022
FASTEST GROWING MARKETfalseSpain
2022
PRODUCT COMPLEXITY IN Tanned Equine and Bovine Hides-1Rnk 841 / 1025
2022
ImportsfalseWorld Rnk 2 / 191
Flag Rnk 81 / 1215
2021 - 2022
FASTEST GROWING ORIGINfalseN/A
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported N/A in Tanned Equine and Bovine Hides, making it the 1st largest exporter of Tanned Equine and Bovine Hides in the world. At the same year, Tanned Equine and Bovine Hides was the 48th most exported product in Italy. The main destination of Tanned Equine and Bovine Hides exports from Italy are: Romania ($187M), Spain ($176M), France ($169M), United States ($156M), and Germany ($153M).

The fastest growing export markets for Tanned Equine and Bovine Hides of Italy between 2021 and 2022 were Spain ($36.6M), Serbia ($30.5M), and Tunisia ($22.3M).

Imports In 2022, Italy imported $1.69B in Tanned Equine and Bovine Hides, becoming the 2nd largest importer of Tanned Equine and Bovine Hides in the world. At the same year, Tanned Equine and Bovine Hides was the 81st most imported product in Italy. Italy imports Tanned Equine and Bovine Hides primarily from: Brazil ($205M), France ($194M), United States ($134M), Netherlands ($134M), and Spain ($113M).

Latest Trends

March 2024

About

Overview In March 2024 Italy's Tanned Equine and Bovine Hides exports accounted up to €23.3M and imports accounted up to €34.4M, resulting in a negative trade balance of €11.1M. Between March 2023 and March 2024 the exports of Italy's   Tanned Equine and Bovine Hides have increased by €106k (0.46%) from €23.2M to €23.3M, while imports decreased by €-21.8M (-38.8%) from €56.2M to €34.4M.

Destinations In March 2024, Tanned Equine and Bovine Hides were exported mostly to China (€6.76M), Spain (€5.63M), Vietnam (€4.17M), France (€1.11M), and Indonesia (€1.02M), and were imported mostly from United States (€7.13M), Brazil (€6.79M), New Zealand (€4.06M), France (€3.24M), and Ukraine (€2.49M).

Growth In March 2024, the increase in Tanned Equine and Bovine Hides's year-by-year exports was explained primarily by an increase in exports to Spain (€710k or 24.3%), United Kingdom (€467k or 236%), and Turkey (€200k or 57.1%). In March 2024, the decrease in Tanned Equine and Bovine Hides's year-by-year imports was explained primarily by a decrease in imports from Brazil (€-2.8M or -27.9%), Slovakia (€-772k or -72.7%), and Ukraine (€-750k or -21.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€106k(0.46%)
IMPORT GROWTH (March 2023 - March 2024)€-21.8M(-38.8%)
MAIN DESTINATION (March 2024)China€6.76M

This section shows Tanned Equine and Bovine Hides's exports and imports data at subnational level for Italy. 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
IMPORTS (2022)$1.69B

In N/A, Italy exported N/A in Tanned Equine and Bovine Hides. The main destinations of Italy exports on Tanned Equine and Bovine Hides were Romania ($187M), Spain ($176M), France ($169M), United States ($156M), and Germany ($153M).

In 2022, Italy imported $1.69B in Tanned Equine and Bovine Hides, mainly from Brazil ($205M), France ($194M), United States ($134M), Netherlands ($134M), and Spain ($113M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tanned Equine and Bovine Hides EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Spain$36.6M (26.3%)
Serbia$30.5M (27.5%)
Tunisia$22.3M (23.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tanned Equine and Bovine Hides BY Italy WERE (2021 - 2022):
Vietnam-$79.9M (-35.8%)
China-$44.7M (-22.6%)
Hong Kong-$33.3M (-29.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Tanned Equine and Bovine Hides were:
United States $1.57B
Brazil $1.23B
In 2022, Italy's main importing competitors in Tanned Equine and Bovine Hides were:
China $2.31B
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 POTENTIALChina+ $4.79M
TOP IMPORT POTENTIALBangladesh+ $4.51M

Tanned Equine and Bovine Hides’s highest export potential is China. With an export gap of $4.79M.   Tanned Equine and Bovine Hides’s highest import potential is Bangladesh with an import gap of $4.51M.

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