2022
Exports
$1.32BWorld Rnk 11 / 224
Flag Rnk 71 / 96
2022
PRODUCT COMPLEXITY IN Leather articles
-0.063Rnk 569 / 1025
2022
Imports
$17.2BWorld Rnk 1 / 225
Flag Rnk 29 / 96
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $1.32B in Leather articles, making it the 11th largest exporter of Leather articles in the world. At the same year, Leather articles was the 71st most exported product in United States. The main destination of Leather articles exports from United States are: Canada ($504M), Mexico ($156M), China ($48.6M), Japan ($48.5M), and Netherlands ($44.6M).

The fastest growing export markets for Leather articles of United States between 2021 and 2022 were Canada ($105M), Barbados ($19M), and Italy ($6.98M).

Imports In 2022, United States imported $17.2B in Leather articles, becoming the 1st largest importer of Leather articles in the world. At the same year, Leather articles was the 29th most imported product in United States. United States imports Leather articles primarily from: China ($5.09B), Cambodia ($2.21B), France ($1.92B), Vietnam ($1.46B), and Italy ($1.45B).

The fastest growing import markets in Leather articles for United States between 2021 and 2022 were China ($782M), Cambodia ($750M), and Vietnam ($427M).

COMPANIES In 2023, leading companies such as Michael Kors (2.02k), Itourscm (749), and CrimsonLogic (642) were at the forefront of shipping Leather articles to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-1.04M(-0.79%)
IMPORT GROWTH (June 2023 - June 2024)$-91M(-7.88%)
MAIN EXPORTER (June 2024)California$32.4M
MAIN DESTINATION (June 2024)Canada$48.4M

This section shows Leather articles's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Leather articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.32B
IMPORTS (2022)$17.2B
NET TRADE (2022)-$15.9B

In 2022, United States exported $1.32B in Leather articles. The main destinations of United States exports on Leather articles were Canada ($504M), Mexico ($156M), China ($48.6M), Japan ($48.5M), and Netherlands ($44.6M).

In 2022, United States imported $17.2B in Leather articles, mainly from China ($5.09B), Cambodia ($2.21B), France ($1.92B), Vietnam ($1.46B), and Italy ($1.45B).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Leather articles EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$105M (26.4%)
Barbados$19M (1.09k%)
Italy$6.98M (38%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather articles BY United States WERE (2021 - 2022):
Mexico-$23.5M (-13.1%)
Japan-$15.3M (-24%)
China-$8.34M (-14.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Leather articles were:
China $36.3B
France $12.5B
Italy $11.3B
In 2022, United States's main importing competitors in Leather articles were:
Japan $5.41B

Explore Visualizations

Trade Value of Leather articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $41M
TOP IMPORT POTENTIALChina+ $479M

Leather articles’s highest export potential is China. With an export gap of $41M.   Leather articles’s highest import potential is China with an import gap of $479M.

See methodology.

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