2025 Sep Paraguay Raw hides (HS410411) Export Snapshot: Volume Surge

September Trend: Paraguay Raw hides Export

Raw hides, classified under HS Code 410411 (Whole bovine (including buffalo) or equine hides and skins, raw), saw exports rebound in September, with value rising 61.92% MoM to $2.26M and volume up 57.80% to 2.88M kg. This recovery followed August's sharp declines, where unit prices dropped 10.90% and volumes fell 41.62%. Despite the rebound, unit prices remained subdued at $0.78/kg, up just 2.61% from the previous month. The HS code mandate effective September 1 may have influenced shipment declarations, though its direct impact on trade flows is unclear. Paraguay's raw hides trade continues to exhibit volatility, with June and July also seeing extreme swings in volume and value.

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

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Geographic Concentration & Market Logic

Italy dominates Paraguay's raw hides exports, accounting for 64.3% of value vs. 61.6% of weight, signaling premium demand for higher-grade hides. Brazil and China follow as secondary bulk hubs (weight share > value share), suggesting cost-driven processing roles. The value-volume gap narrows for Argentina (10.3% weight vs. 7.9% value), indicating mid-tier pricing. This structure reveals Paraguay’s export strategy: prioritizing premium European markets while leveraging South American and Asian partners for volume absorption. The supply chain is value-optimized, with Italy as the clear anchor for quality-driven trade.

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 41041114 dominates Paraguay's raw hides exports (82.9% frequency, 87.8% weight share), with its wet-blue bovine/equine hides driving bulk volume at low unit prices. The remaining sub-codes (41041124, 41041129) collectively account for just 17.1% frequency, confirming a market skewed toward high-volume, low-margin commodity trade. This Paraguay HS Code 410411 export pattern reflects a reliance on cost-competitive mass production rather than premium differentiation. The absence of unit price data suggests price stability, not volatility. Expect sustained focus on scale over niche value-add in this segment.

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 September?

Exports rose 61.92% month-on-month to $2.26M, with volume up 57.80% to 2.88M kg. Unit prices edged up 2.61% to $0.78/kg.

What are the top Export partners for Paraguay Raw hides?

Italy ($1.45M), Brazil ($279.15K), and China Mainland ($211.36K) accounted for 87% of total exports.

Who are the major Raw hides Buyers?

Italian tanneries dominate, led by Poletto S.R.L ($993.28K) and Conceria Pasubio SPA ($328.76K). Brazilian and Chinese leather processors follow.

What is the specific HS Code for this trade?

The data covers HS Code 410411.