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2023
Exports $1.29BWorld Rnk 1 / 206
Flag Rnk 114 / 1216
2023
Destination $31.8M United States
2022 - 2023
FASTEST GROWING MARKET $31.8MFrance
2023
PRODUCT COMPLEXITY IN Leather Apparel-1.15Rnk 867 / 1025
2023
Imports $372MWorld Rnk 4 / 225
Flag Rnk 295 / 1213
2023
Origin $21.3M France
2022 - 2023
FASTEST GROWING ORIGIN $21.3MFrance
2023
ECONOMIC COMPLEXITY of Italy1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $1.29B in Leather Apparel, making it the 1st largest exporter of Leather Apparel in the world. At the same year, Leather Apparel was the 114th most exported product in Italy. The main destination of Leather Apparel exports from Italy are: United States ($186M), France ($162M), China ($141M), Germany ($93.6M), and United Kingdom ($70.5M).

The fastest growing export markets for Leather Apparel of Italy between 2022 and 2023 were France ($31.8M), Vietnam ($14.4M), and Japan ($13.8M).

Imports In 2023, Italy imported $372M in Leather Apparel, becoming the 4th largest importer of Leather Apparel in the world. At the same year, Leather Apparel was the 295th most imported product in Italy. Italy imports Leather Apparel primarily from: France ($82.4M), India ($59.6M), Switzerland ($26.8M), Netherlands ($20M), and Spain ($19.5M).

The fastest growing import markets in Leather Apparel for Italy between 2022 and 2023 were France ($21.3M), Spain ($8.76M), and Netherlands ($5.47M).

Latest Trends

October 2024

About

Overview In October 2024 Italy's Leather Apparel exports accounted up to €102M and imports accounted up to €34.9M, resulting in a positive trade balance of €67.1M. Between October 2023 and October 2024 the exports of Italy's   Leather Apparel have increased by €7.13M (7.51%) from €94.9M to €102M, while imports increased by €5.86M (20.2%) from €29M to €34.9M.

Destinations In October 2024, Leather Apparel were exported mostly to France (€19.9M), United States (€15.2M), Germany (€8.91M), China (€8.44M), and Hong Kong (€5.47M), and were imported mostly from France (€5.91M), Germany (€5.72M), Indonesia (€5.06M), Spain (€3.76M), and Vietnam (€2.38M).

Growth In October 2024, the increase in Leather Apparel's year-by-year exports was explained primarily by an increase in exports to France (€3.72M or 34.1%), Germany (€868k or 9.28%), and United Kingdom (€572k or 13.9%). In October 2024, the increase in Leather Apparel's year-by-year imports was explained primarily by an increase in imports from France (€1.99M or 48.3%), Indonesia (€1.23M or 24.2%), and Romania (€796k or 130%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€7.13M(7.51%)
IMPORT GROWTH (October 2023 - October 2024)€5.86M(20.2%)
MAIN DESTINATION (October 2024)France€19.9M

This section shows Leather Apparel's exports and imports data at subnational level for Italy. 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 Apparel over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.29B
IMPORTS (2023)$372M
NET TRADE (2023)$917M

In 2023, Italy exported $1.29B in Leather Apparel. The main destinations of Italy exports on Leather Apparel were United States ($186M), France ($162M), China ($141M), Germany ($93.6M), and United Kingdom ($70.5M).

In 2023, Italy imported $372M in Leather Apparel, mainly from France ($82.4M), India ($59.6M), Switzerland ($26.8M), Netherlands ($20M), and Spain ($19.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Leather Apparel EXPORT MARKETS FOR Italy WERE (2022 - 2023):
France$31.8M (24.4%)
Vietnam$14.4M (978%)
Japan$13.8M (29.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather Apparel BY Italy WERE (2022 - 2023):
United States-$51.8M (-21.8%)
China-$50.8M (-26.6%)
South Korea-$20.9M (-25.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Leather Apparel were:
China $1.14B
India $848M
In 2023, Italy's main importing competitors in Leather Apparel were:
United States $1.37B
Germany $544M
France $512M

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Trade Value of Leather Apparel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $12.4M
TOP IMPORT POTENTIALChina+ $11.8M

Leather Apparel’s highest export potential is France. With an export gap of $12.4M.   Leather Apparel’s highest import potential is China with an import gap of $11.8M.

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