2022
Exports
$13.5MWorld Rnk 8 / 118
Flag Rnk 1039 / 1217
2022
PRODUCT COMPLEXITY IN Leather Machinery
0.25Rnk 472 / 1025
2022
Imports
$53.5MWorld Rnk 4 / 183
Flag Rnk 959 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $13.5M in Leather Machinery, making it the 8th largest exporter of Leather Machinery in the world. At the same year, Leather Machinery was the 1039th most exported product in United States. The main destination of Leather Machinery exports from United States are: Mexico ($7.14M), Brazil ($1.11M), Canada ($791k), India ($526k), and Turkey ($490k).

The fastest growing export markets for Leather Machinery of United States between 2021 and 2022 were Brazil ($1.06M), Turkey ($361k), and India ($318k).

Imports In 2022, United States imported $53.5M in Leather Machinery, becoming the 4th largest importer of Leather Machinery in the world. At the same year, Leather Machinery was the 959th most imported product in United States. United States imports Leather Machinery primarily from: Italy ($14.3M), Germany ($11.5M), China ($10.2M), Austria ($2.58M), and Canada ($2.21M).

The fastest growing import markets in Leather Machinery for United States between 2021 and 2022 were China ($6.18M), Austria ($2.24M), and Italy ($1.87M).

COMPANIES In 2023, leading companies such as Nike (294), Michael Kors (254), and Reebok (171) were at the forefront of shipping Leather Machinery to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-202k(-30.2%)
IMPORT GROWTH (June 2023 - June 2024)$-1.79M(-44.5%)
MAIN EXPORTER (June 2024)Michigan$1.33M
MAIN DESTINATION (June 2024)Mexico$189k

This section shows Leather Machinery'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 Machinery over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$13.5M
IMPORTS (2022)$53.5M
NET TRADE (2022)-$40M

In 2022, United States exported $13.5M in Leather Machinery. The main destinations of United States exports on Leather Machinery were Mexico ($7.14M), Brazil ($1.11M), Canada ($791k), India ($526k), and Turkey ($490k).

In 2022, United States imported $53.5M in Leather Machinery, mainly from Italy ($14.3M), Germany ($11.5M), China ($10.2M), Austria ($2.58M), and Canada ($2.21M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Leather Machinery EXPORT MARKETS FOR United States WERE (2021 - 2022):
Brazil$1.06M (2.12k%)
Turkey$361k (281%)
India$318k (153%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather Machinery BY United States WERE (2021 - 2022):
Eswatini-$990k (-100%)
Mexico-$966k (-11.9%)
Canada-$393k (-33.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Leather Machinery were:
In 2022, United States's main importing competitors in Leather Machinery were:

Explore Visualizations

Trade Value of Leather Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $439k
TOP IMPORT POTENTIALChina+ $4.03M

Leather Machinery’s highest export potential is India. With an export gap of $439k.   Leather Machinery’s highest import potential is China with an import gap of $4.03M.

See methodology.

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