2025 Jun Paraguay Raw hides (HS410411) Export Snapshot: Vol Dip

June Trend: Paraguay Raw hides Export

Raw hides, classified under HS Code 410411 (Whole bovine (including buffalo) or equine hides and skins, raw), saw a sharp decline in June exports, with volume plunging 60.22% MoM to 1.01M kg and value dropping 63.19% to $861.58K. Unit prices fell 7.46% to $0.85/kg, continuing a volatile trend after May's 4.96% gain. The steep contraction marks the lowest monthly volume and value since data began in January 2025. No specific external events were cited in trade reports to explain the downturn. Paraguay's raw hides trade remains highly sensitive to price fluctuations, with volumes shrinking for five consecutive months.

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Table: Paraguay Raw Hides Export Trend (Source: yTrade)

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Geographic Concentration & Market Logic

China dominates Paraguay's raw hides exports, accounting for 49.4% of value but only 47.94% of weight, signaling a slight premium market where higher-grade or processed hides are demanded. Italy follows as a secondary hub with a tighter value-weight gap (24.36% vs. 23.23%), suggesting balanced trade in both quality and bulk. Indonesia’s lower value share (7.88%) relative to weight (8.94%) hints at a bulk-processing role. The structure reveals a dual focus: China drives value, while regional players like Argentina and Brazil absorb raw volumes, indicating a supply chain optimized for tiered demand—premium vs. cost-sensitive markets.

Table: Paraguay Raw Hides (HS Code 410411) Top Destination Countries (Source: yTrade)

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Paraguay HS Code 410411 Breakdown & Value Logic

yTrade data reveals HS Code 41041114 dominates Paraguay's raw hides exports, accounting for 78% of shipments and 83% of value, with 822K kg moved in June 2025. The near-identical weight-to-value ratio suggests a volume-driven market for wet-blue bovine hides, where bulk transactions outweigh price differentiation. The remaining sub-codes (e.g., 41041124) collectively contribute just 21% of volume, reinforcing a focus on standardized, mass-produced goods. This aligns with Paraguay’s role as a low-cost supplier in the global leather supply chain. Expect stability in this commodity-driven segment unless premium processing trends emerge.

Paraguay Raw Hides Buyers List

Table: Paraguay Raw Hides (HS Code 410411) Top Buyers List (Source: yTrade)

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Frequently Asked Questions

How did Paraguay Raw hides Export perform in June?

Exports plummeted 63.19% month-on-month to $861.58K, with volumes dropping 60.22% to 1.01M kg. Unit prices fell 7.46% to $0.85/kg.

What are the top Export partners for Paraguay Raw hides?

China Mainland ($425.62K), Italy ($209.85K), and Indonesia ($67.92K) were the top destinations.

Who are the major Raw hides Buyers?

Tongxiang Gaoqiao Leather Co.,Ltd ($313.60K) and Crest Leathers Ltd ($142.37K) dominated purchases.

What is the specific HS Code for this trade?

The data covers HS Code 410411.