2023
Exports
$64.1MWorld Rnk 34 / 172
Flag Rnk 18 / 767
2023
PRODUCT COMPLEXITY IN Tanned Equine and Bovine Hides
-1.06Rnk 847 / 1025
2023
Imports
$6.5MWorld Rnk 70 / 183
Flag Rnk 279 / 1127
2023
ECONOMIC COMPLEXITY of Paraguay
-0.42Rnk 81 / 132

About

Exports In 2023, Paraguay exported $64.1M in Tanned Equine and Bovine Hides, making it the 34th largest exporter of Tanned Equine and Bovine Hides in the world. At the same year, Tanned Equine and Bovine Hides was the 18th most exported product in Paraguay. The main destination of Tanned Equine and Bovine Hides exports from Paraguay are: Thailand ($28.9M), Italy ($24.4M), China ($2.09M), Vietnam ($1.96M), and Brazil ($1.92M).

The fastest growing export markets for Tanned Equine and Bovine Hides of Paraguay between 2022 and 2023 were Thailand ($2.35M), India ($724k), and Cambodia ($191k).

Imports In 2023, Paraguay imported $6.5M in Tanned Equine and Bovine Hides, becoming the 70th largest importer of Tanned Equine and Bovine Hides in the world. At the same year, Tanned Equine and Bovine Hides was the 279th most imported product in Paraguay. Paraguay imports Tanned Equine and Bovine Hides primarily from: Bolivia ($2.18M), Brazil ($1.88M), Argentina ($1.85M), Mexico ($355k), and Germany ($218k).

The fastest growing import markets in Tanned Equine and Bovine Hides for Paraguay between 2022 and 2023 were Argentina ($1.47M), Bolivia ($1.03M), and Italy ($664).

Latest Trends

Dec 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 Tanned Equine and Bovine Hides. 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 (2023)$64.1M
IMPORTS (2023)$6.5M
NET TRADE (2023)$57.6M

In 2023, Paraguay exported $64.1M in Tanned Equine and Bovine Hides. The main destinations of Paraguay exports on Tanned Equine and Bovine Hides were Thailand ($28.9M), Italy ($24.4M), China ($2.09M), Vietnam ($1.96M), and Brazil ($1.92M).

In 2023, Paraguay imported $6.5M in Tanned Equine and Bovine Hides, mainly from Bolivia ($2.18M), Brazil ($1.88M), Argentina ($1.85M), Mexico ($355k), and Germany ($218k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tanned Equine and Bovine Hides EXPORT MARKETS FOR Paraguay WERE (2022 - 2023):
Thailand$2.35M (8.86%)
India$724k (579%)
Cambodia$191k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tanned Equine and Bovine Hides BY Paraguay WERE (2022 - 2023):
Italy-$12.8M (-34.4%)
China-$10.2M (-82.9%)
Uruguay-$8.31M (-84.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Paraguay's main exporting competitors in Tanned Equine and Bovine Hides were:
In 2023, Paraguay's main importing competitors in Tanned Equine and Bovine Hides were:
China $2.37B
Italy $1.59B

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Trade Value of Tanned Equine and Bovine Hides by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $3.6M
TOP IMPORT POTENTIALBrazil+ $523k

Tanned Equine and Bovine Hides’s highest export potential is China. With an export gap of $3.6M.   Tanned Equine and Bovine Hides’s highest import potential is Brazil with an import gap of $523k.

See methodology.

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