2022
Exports
$396MWorld Rnk 9 / 165
Flag Rnk 151 / 1176
2022
PRODUCT COMPLEXITY IN Tanned Equine and Bovine Hides
-1Rnk 841 / 1025
2022
Imports
$1.34BWorld Rnk 3 / 191
Flag Rnk 44 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $396M in Tanned Equine and Bovine Hides, making it the 9th largest exporter of Tanned Equine and Bovine Hides in the world. At the same year, Tanned Equine and Bovine Hides was the 151st most exported product in Vietnam. The main destination of Tanned Equine and Bovine Hides exports from Vietnam are: Indonesia ($116M), China ($62.5M), Cambodia ($60.7M), Bangladesh ($50.1M), and Hong Kong ($25.6M).

The fastest growing export markets for Tanned Equine and Bovine Hides of Vietnam between 2021 and 2022 were Indonesia ($11.7M), China ($10.5M), and Thailand ($2.84M).

Imports In 2022, Vietnam imported $1.34B in Tanned Equine and Bovine Hides, becoming the 3rd largest importer of Tanned Equine and Bovine Hides in the world. At the same year, Tanned Equine and Bovine Hides was the 44th most imported product in Vietnam. Vietnam imports Tanned Equine and Bovine Hides primarily from: China ($336M), Thailand ($224M), Italy ($143M), United States ($133M), and South Korea ($110M).

The fastest growing import markets in Tanned Equine and Bovine Hides for Vietnam between 2021 and 2022 were Thailand ($49.1M), Argentina ($25.3M), and South Korea ($17.6M).

COMPANIES In 2023, leading companies such as Home Depot (1) were at the forefront of shipping Tanned Equine and Bovine Hides from Vietnam to the United States.

Latest Trends

Oct 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 (2022)$396M
IMPORTS (2022)$1.34B
NET TRADE (2022)-$942M

In 2022, Vietnam exported $396M in Tanned Equine and Bovine Hides. The main destinations of Vietnam exports on Tanned Equine and Bovine Hides were Indonesia ($116M), China ($62.5M), Cambodia ($60.7M), Bangladesh ($50.1M), and Hong Kong ($25.6M).

In 2022, Vietnam imported $1.34B in Tanned Equine and Bovine Hides, mainly from China ($336M), Thailand ($224M), Italy ($143M), United States ($133M), and South Korea ($110M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tanned Equine and Bovine Hides EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Indonesia$11.7M (11.2%)
China$10.5M (20.2%)
Thailand$2.84M (18.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tanned Equine and Bovine Hides BY Vietnam WERE (2021 - 2022):
Hong Kong-$33.4M (-56.7%)
Chinese Taipei-$1.85M (-56.9%)
Philippines-$1.8M (-12.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Tanned Equine and Bovine Hides were:
In 2022, Vietnam's main importing competitors in Tanned Equine and Bovine Hides were:
China $2.31B
Italy $1.69B

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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+ $9.53M
TOP IMPORT POTENTIALBangladesh+ $3.23M

Tanned Equine and Bovine Hides’s highest export potential is China. With an export gap of $9.53M.   Tanned Equine and Bovine Hides’s highest import potential is Bangladesh with an import gap of $3.23M.

See methodology.

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