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2023
Exports $204MWorld Rnk 2 / 167
Flag Rnk 412 / 1216
2023
Destination $17.8M Romania
2022 - 2023
FASTEST GROWING MARKET $17.8MFrance
2023
PRODUCT COMPLEXITY IN Other Leather Articles-0.046Rnk 575 / 1025
2023
Imports $148MWorld Rnk 4 / 207
Flag Rnk 494 / 1213
2023
Origin $18.3M Tunisia
2022 - 2023
FASTEST GROWING ORIGIN $18.3MTunisia
2023
ECONOMIC COMPLEXITY of Italy1.29Rnk 18 / 132

About

Exports In 2023, Italy exported $204M in Other Leather Articles, making it the 2nd largest exporter of Other Leather Articles in the world. At the same year, Other Leather Articles was the 412th most exported product in Italy. The main destination of Other Leather Articles exports from Italy are: Romania ($37M), France ($29.5M), United States ($18.1M), Slovenia ($18.1M), and Germany ($13.3M).

The fastest growing export markets for Other Leather Articles of Italy between 2022 and 2023 were France ($17.8M), Romania ($13.6M), and Slovenia ($11.7M).

Imports In 2023, Italy imported $148M in Other Leather Articles, becoming the 4th largest importer of Other Leather Articles in the world. At the same year, Other Leather Articles was the 494th most imported product in Italy. Italy imports Other Leather Articles primarily from: Tunisia ($56M), Romania ($52M), Serbia ($7.28M), France ($5.26M), and Germany ($4.13M).

The fastest growing import markets in Other Leather Articles for Italy between 2022 and 2023 were Tunisia ($18.3M), Romania ($3.27M), and Spain ($1.6M).

Latest Trends

October 2024

About

Overview In October 2024 Italy's Other Leather Articles exports accounted up to €14.8M and imports accounted up to €8.23M, resulting in a positive trade balance of €6.58M. Between October 2023 and October 2024 the exports of Italy's   Other Leather Articles have decreased by €-2.19M (-12.9%) from €17M to €14.8M, while imports decreased by €-5.26M (-39%) from €13.5M to €8.23M.

Destinations In October 2024, Other Leather Articles were exported mostly to Romania (€3.15M), France (€1.78M), United States (€1.51M), Slovenia (€1.15M), and Germany (€937k), and were imported mostly from Tunisia (€4.17M), Romania (€1.87M), France (€780k), Spain (€285k), and China (€229k).

Growth In October 2024, the decrease in Other Leather Articles's year-by-year exports was explained primarily by a decrease in exports to United States (€-490k or -20.2%), Japan (€-381k or -55.4%), and Russia (€-252k or -71.8%). In October 2024, the decrease in Other Leather Articles's year-by-year imports was explained primarily by a decrease in imports from China (€-436k or -56.9%), France (€-238k or -29.9%), and Belgium (€-91.5k or -19.1%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€-2.19M(-12.9%)
IMPORT GROWTH (October 2023 - October 2024)€-5.26M(-39%)
MAIN DESTINATION (October 2024)Romania€3.15M

This section shows Other Leather Articles'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 Other Leather Articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$204M
IMPORTS (2023)$148M
NET TRADE (2023)$56.1M

In 2023, Italy exported $204M in Other Leather Articles. The main destinations of Italy exports on Other Leather Articles were Romania ($37M), France ($29.5M), United States ($18.1M), Slovenia ($18.1M), and Germany ($13.3M).

In 2023, Italy imported $148M in Other Leather Articles, mainly from Tunisia ($56M), Romania ($52M), Serbia ($7.28M), France ($5.26M), and Germany ($4.13M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Leather Articles EXPORT MARKETS FOR Italy WERE (2022 - 2023):
France$17.8M (152%)
Romania$13.6M (58.2%)
Slovenia$11.7M (182%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Leather Articles BY Italy WERE (2022 - 2023):
United Arab Emirates-$1.47M (-44.6%)
Thailand-$1.22M (-78.3%)
Germany-$1.16M (-8.03%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Italy's main exporting competitors in Other Leather Articles were:
China $415M
France $159M
In 2023, Italy's main importing competitors in Other Leather Articles were:
United States $281M
Romania $234M
France $156M

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Trade Value of Other Leather Articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.44M
TOP IMPORT POTENTIALChina+ $4.13M

Other Leather Articles’s highest export potential is United States. With an export gap of $4.44M.   Other Leather Articles’s highest import potential is China with an import gap of $4.13M.

See methodology.

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