China remains the world’s most dominant player in the global fur trade. In 2023, it imported over $46 million in raw furskins—primarily from Finland—but exported almost none, reflecting its role as a major processing hub.

China’s fur industry brought in $689 million in tanned furskins, much of it from Cambodia, and re-exported nearly $139 million, with Vietnam as a key market. Most strikingly, China exported over $1.15 billion worth of fur clothing, particularly to Russia, while importing far less in return.

These figures highlight China’s global role in fur manufacturing—importing raw materials and turning them into finished products for the international market.