Market research

Raw bovine and equine hides and skins market in Vietnam

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:

Report language:

Submission method: to your account

File format: docx, xlsx

Single Report

$500

Instant access to detailed data on one specific market
Ideal for one-off tasks: niche assessments, presentations, investment decisions
Available in Excel and Word in 15 minutes after purchase
Cheaper than subscription, but each market requires a separate purchase

Best if you know exactly what you need

Buy a single report

Platform Subscription

from$600

Complete and unlimited data access across products and regions
Includes continuous data updates during subscription period
Download reports instantly in Word, and Excel formats
More cost-effective for multiple markets or regular analysis

Ideal for regular data users

View pricing plans

Earlier Report Observations

The market for raw bovine and equine hides and skins in Vietnam expanded from 57 827 t in 2018 to a peak of 69 904 t in 2022, reflecting sustained growth over the four-year period. This upward trajectory was reversed in 2023, when the market volume contracted by approximately 8% to 64 388 t.

Following a minor adjustment in 2019, the market entered a phase of robust expansion with annual growth rates around 8% in 2020 and 2021. The growth momentum slowed in 2022 before the market correction in 2023 brought the volume close to the level observed in 2021.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Vietnam
  1. 5.1.1. Annual dynamics of production in Vietnam in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Vietnam in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data*)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Vietnam in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Vietnam by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Vietnam in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Vietnam by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Vietnam, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Vietnam by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Vietnam in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Vietnam by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Vietnam in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Vietnam by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Vietnam, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Vietnam by countries, 2018-2024, $ US/t
7. Imports
1. 7.1. Imports (Direct Data*)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Vietnam in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Vietnam by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Vietnam in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Vietnam by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Vietnam, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Vietnam by countries, 2018-2024, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Vietnam in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Vietnam by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Vietnam in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Vietnam by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Vietnam, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Vietnam by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production raw bovine and equine hides and skins in Vietnam

In kind, 2017-2020, t

Top producers of raw bovine and equine hides and skins, 2017-2020

Source: SHEV.io

World map of production of raw bovine and equine hides and skins, 2017-2020

Source: SHEV.io

Vietnam's production of raw bovine and equine hides and skins has grown for the third year in a row. In 2020, the country produced 57 313 tonnes, marking a 2.7% increase from the previous year. Looking at the period from 2017 to 2020, production rose by 13%, which translates to an average annual growth rate of 4.2%.

Annual dynamics of production in Vietnam in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	6.1%	3.7%	2.7%	4.2%

Source: SHEV.io

Exports raw bovine and equine hides and skins from Vietnam

Exports in kind, t

Vietnam's exports of raw bovine and equine hides and skins have fallen for the third consecutive year. In 2020, the country exported 690 tonnes, representing a sharp decline of 63.6% compared to 2019. Over the 2017-2020 period, exports dropped by 68.2%, with a compound annual growth rate of -31.7%.

Annual dynamics of product's exports from Vietnam in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(5.9%)	(7.2%)	(63.6%)	(31.7%)

Source: SHEV.io

From 2017 to 2020, Vietnam's exports in volume terms were heavily concentrated on Thailand, which accounted for 86.4% of the total. Other trading partners made up the remainder.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Vietnam in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Vietnam's exports of raw bovine and equine hides and skins in value terms have decreased for the third year in a row. In 2020, exports amounted to 397 thousand US dollars, showing a significant drop of 59.8% from the previous year. Between 2017 and 2020, exports fell by 86.3%, corresponding to an average annual decline of 48.4%.

Annual dynamics of product's exports from Vietnam in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(40.0%)	(43.1%)	(59.8%)	(48.4%)

Source: SHEV.io

During the 2017-2020 period, Thailand was the dominant player in Vietnam's exports of raw bovine and equine hides and skins by value, capturing 87.9% of the total. Other countries each held much smaller shares.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Vietnam in value, 2017-2020

Source: SHEV.io

Imports raw bovine and equine hides and skins to Vietnam

Imports in kind, t

Vietnam imported 5 345 tonnes of raw bovine and equine hides and skins in 2020, indicating a 55.3% increase year-over-year. However, over the 2017-2020 period, imports decreased by 6.1%, with an average annual decline of 2.1%. The lowest volume was recorded in 2019 at 3 441 tonnes, while the peak was in 2018 with 6 058 tonnes. The largest year-on-year drop occurred in 2019, at 43.2%.

Annual dynamics of product's imports to Vietnam in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	6.4%	(43.2%)	55.3%	(2.1%)

Source: SHEV.io

From 2017 to 2020, the United States, New Zealand, and Uganda were the top three sources for Vietnam's imports in volume terms, together accounting for 58.2% of the total flows.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Vietnam in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

After two years of decline, Vietnam's imports of raw bovine and equine hides and skins in value terms rebounded in 2020. Imports reached 6 378 thousand US dollars, up 10.2% from 2019. Despite this, over the 2017-2020 period, imports fell by 69.7%, with an average annual decrease of 32.8%. The lowest value was in 2019 at 5 787 thousand US dollars, and the steepest decline was in 2018, at 58.3%.

Annual dynamics of product's imports to Vietnam in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(58.3%)	(34.1%)	10.2%	(32.8%)

Source: SHEV.io

In the 2017-2020 period, the United States (28.4% of imports by value), New Zealand (18.3%), and Argentina (10.8%) remained the leading suppliers of raw bovine and equine hides and skins to Vietnam. Combined, these three countries made up 57.4% of total imports in value terms.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Vietnam in value, 2017-2020

Source: SHEV.io