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2022
Exports $1.57BWorld Rnk 2 / 165
Flag Rnk 199 / 1217
2022
Destination $18.5M China
2021 - 2022
FASTEST GROWING MARKET $18.5MThailand
2022
PRODUCT COMPLEXITY IN Tanned Equine and Bovine Hides-1Rnk 841 / 1025
2022
Imports $608MWorld Rnk 4 / 191
Flag Rnk 489 / 1216
2022
Origin $26.1M Brazil
2021 - 2022
FASTEST GROWING ORIGIN $26.1MBrazil
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $1.57B in Tanned Equine and Bovine Hides, making it the 2nd largest exporter of Tanned Equine and Bovine Hides in the world. At the same year, Tanned Equine and Bovine Hides was the 199th most exported product in United States. The main destination of Tanned Equine and Bovine Hides exports from United States are: China ($614M), Mexico ($304M), Italy ($134M), Vietnam ($133M), and South Korea ($110M).

The fastest growing export markets for Tanned Equine and Bovine Hides of United States between 2021 and 2022 were Thailand ($18.5M), Turkey ($13M), and India ($5.61M).

Imports In 2022, United States imported $608M in Tanned Equine and Bovine Hides, becoming the 4th largest importer of Tanned Equine and Bovine Hides in the world. At the same year, Tanned Equine and Bovine Hides was the 489th most imported product in United States. United States imports Tanned Equine and Bovine Hides primarily from: Brazil ($213M), Italy ($156M), Mexico ($73.7M), United Kingdom ($25.1M), and Germany ($23.8M).

The fastest growing import markets in Tanned Equine and Bovine Hides for United States between 2021 and 2022 were Brazil ($26.1M), United Kingdom ($8.2M), and Germany ($3.47M).

COMPANIES In 2023, leading companies such as Guess Clothing (17), Amazon (2), and Mystic Apparel (1) were at the forefront of shipping Tanned Equine and Bovine Hides to the United States.

Latest Trends

September 2024

About

Overview In September 2024 United States' Tanned Equine and Bovine Hides exports accounted up to $36.2M and imports accounted up to $2.26M, resulting in a positive trade balance of $34M. Between September 2023 and September 2024 the exports of United States'   Tanned Equine and Bovine Hides have increased by $1M (2.85%) from $35.2M to $36.2M, while imports decreased by $-77.1k (-3.29%) from $2.34M to $2.26M.

Destinations In September 2024, Tanned Equine and Bovine Hides were exported mostly to China ($8.03M), Italy ($7.28M), Vietnam ($5.98M), Mexico ($4.57M), and Thailand ($3.93M), and were imported mostly from Italy ($611k), Sweden ($470k), Spain ($370k), Argentina ($363k), and Brazil ($300k).

Growth In September 2024, the increase in Tanned Equine and Bovine Hides's year-by-year exports was explained primarily by an increase in exports to Mexico ($3M or 53.6%), Italy ($2.88M or 21.1%), and Thailand ($2.19M or 623%). In September 2024, the decrease in Tanned Equine and Bovine Hides's year-by-year imports was explained primarily by a decrease in imports from Brazil ($-413k or -33.4%), India ($-56.1k or -93.6%), and Uruguay ($-9k or -29.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$1M(2.85%)
IMPORT GROWTH (September 2023 - September 2024)$-77.1k(-3.29%)
MAIN EXPORTER (September 2024)Missouri$13.8M
MAIN DESTINATION (September 2024)China$8.03M

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

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.57B
IMPORTS (2022)$608M
NET TRADE (2022)$965M

In 2022, United States exported $1.57B in Tanned Equine and Bovine Hides. The main destinations of United States exports on Tanned Equine and Bovine Hides were China ($614M), Mexico ($304M), Italy ($134M), Vietnam ($133M), and South Korea ($110M).

In 2022, United States imported $608M in Tanned Equine and Bovine Hides, mainly from Brazil ($213M), Italy ($156M), Mexico ($73.7M), United Kingdom ($25.1M), and Germany ($23.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tanned Equine and Bovine Hides EXPORT MARKETS FOR United States WERE (2021 - 2022):
Thailand$18.5M (25.3%)
Turkey$13M (1.02k%)
India$5.61M (134%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tanned Equine and Bovine Hides BY United States WERE (2021 - 2022):
China-$109M (-15.1%)
South Korea-$15.8M (-12.6%)
Chinese Taipei-$8.19M (-31.9%)
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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 Tanned Equine and Bovine Hides were:
Italy $2.7B
Brazil $1.23B
In 2022, United States'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+ $5.42M
TOP IMPORT POTENTIALBrazil+ $4.13M

Tanned Equine and Bovine Hides’s highest export potential is India. With an export gap of $5.42M.   Tanned Equine and Bovine Hides’s highest import potential is Brazil with an import gap of $4.13M.

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