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2022
Exports $7.86MWorld Rnk 39 / 174
Flag Rnk 811 / 1210
2022
Destination $108k Hong Kong
2021 - 2022
FASTEST GROWING MARKET $108kJapan
2022
PRODUCT COMPLEXITY IN Other Leather Articles-0.11Rnk 585 / 1025
2022
Imports $34.9MWorld Rnk 24 / 210
Flag Rnk 768 / 1213
2022
Origin $743k United States
2021 - 2022
FASTEST GROWING ORIGIN $743kChina
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $7.86M in Other Leather Articles, making it the 39th largest exporter of Other Leather Articles in the world. At the same year, Other Leather Articles was the 811th most exported product in Canada. The main destination of Other Leather Articles exports from Canada are: Hong Kong ($3.48M), United States ($2.61M), Canada ($774k), Japan ($157k), and United Kingdom ($118k).

The fastest growing export markets for Other Leather Articles of Canada between 2021 and 2022 were Japan ($108k), Togo ($41.5k), and Colombia ($38.7k).

Imports In 2022, Canada imported $34.9M in Other Leather Articles, becoming the 24th largest importer of Other Leather Articles in the world. At the same year, Other Leather Articles was the 768th most imported product in Canada. Canada imports Other Leather Articles primarily from: United States ($9.78M), China ($7.36M), India ($5.05M), Mexico ($5.02M), and Thailand ($2.24M).

The fastest growing import markets in Other Leather Articles for Canada between 2021 and 2022 were China ($743k), Mexico ($517k), and Colombia ($141k).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Other Leather Articles exports accounted up to C$535k and imports accounted up to C$2.99M, resulting in a negative trade balance of C$2.45M. Between June 2023 and June 2024 the exports of Canada's   Other Leather Articles have decreased by C$-92.5k (-14.7%) from C$627k to C$535k, while imports decreased by C$-1.03M (-25.7%) from C$4.02M to C$2.99M.

Destinations In June 2024, Other Leather Articles were exported mostly to Hong Kong (C$255k), United States (C$221k), Israel (C$27.4k), Kenya (C$22.1k), and China (C$4.27k), and were imported mostly from China (C$928k), United States (C$623k), Mexico (C$525k), India (C$465k), and Pakistan (C$104k).

Growth In June 2024, the decrease in Other Leather Articles's year-by-year exports was explained primarily by a decrease in exports to Turkey (C$-13.5k or -62%) and Mexico (C$-9k or -98.6%). In June 2024, the decrease in Other Leather Articles's year-by-year imports was explained primarily by a decrease in imports from India (C$-852k or -85.2%), Mexico (C$-234k or -52.9%), and Pakistan (C$-65.3k or -77.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$-92.5k(-14.7%)
IMPORT GROWTH (June 2023 - June 2024)C$-1.03M(-25.7%)
MAIN EXPORTER (June 2024)OntarioC$750k
MAIN DESTINATION (June 2024)Hong KongC$255k

This section shows Other Leather Articles's exports and imports data at subnational level for Canada. 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 Other Leather Articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.86M
IMPORTS (2022)$34.9M
NET TRADE (2022)-$27.1M

In 2022, Canada exported $7.86M in Other Leather Articles. The main destinations of Canada exports on Other Leather Articles were Hong Kong ($3.48M), United States ($2.61M), Canada ($774k), Japan ($157k), and United Kingdom ($118k).

In 2022, Canada imported $34.9M in Other Leather Articles, mainly from United States ($9.78M), China ($7.36M), India ($5.05M), Mexico ($5.02M), and Thailand ($2.24M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Leather Articles EXPORT MARKETS FOR Canada WERE (2021 - 2022):
Japan$108k (217%)
Togo$41.5k (1%)
Colombia$38.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Leather Articles BY Canada WERE (2021 - 2022):
Hong Kong-$959k (-21.6%)
Canada-$160k (-17.1%)
Guatemala-$89.7k (-88.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Other Leather Articles were:
China $570M
Hungary $191M
Italy $173M
In 2022, Canada's main importing competitors in Other Leather Articles were:
United States $425M
Romania $234M
Italy $133M

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Trade Value of Other Leather Articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.47M
TOP IMPORT POTENTIALChina+ $1.89M

Other Leather Articles’s highest export potential is United States. With an export gap of $2.47M.   Other Leather Articles’s highest import potential is China with an import gap of $1.89M.

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