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Pricing

Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silk-worm gut)

42 (Harmonized System 1992 for 2-digit)

2022
World Trade $95.3BRnk 40 / 96
2022
Top Exporter | Top Importer $36.3B | $17.2BChina | United States
2022
Product Complexity -0.051Rnk 47 / 96
2021 - 2022
Export Growth (CAGR) 18.4%Rnk 11 / 96
2022
Share of World Trade 0.4%Rnk 40 / 96

About

Overview This page contains the latest trade data of Leather articles. In 2022, Leather articles were the world's 40th most traded product, with a total trade of $95.3B. Between 2021 and 2022 the exports of Leather articles grew by 18.4%, from $80.5B to $95.3B. Trade in Leather articles represent 0.4% of total world trade.

Leather articles are a part of Animal Hides. They include Trunks and Cases, Leather Apparel, Other Leather Articles, Saddlery, Articles of Gut, and Leather Used in Machinery.

Exports In 2022 the top exporters of Leather articles  were China ($36.3B), France ($12.5B), Italy ($11.3B), Vietnam ($4.11B), and Cambodia ($3.17B).

Imports In 2022 the top importers of Leather articles were United States ($17.2B), Germany ($5.8B), Japan ($5.41B), France ($5.01B), and China ($4.33B).

Ranking Leather articles ranks 47th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Leather articles. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)China$36.3B
Top Destination (2022)United States$17.2B

In 2022 Leather articles were the world's 40th most traded product (out of 96).

In 2022, the top exporters of Leather articles were China ($36.3B), France ($12.5B), Italy ($11.3B), Vietnam ($4.11B), and Cambodia ($3.17B).

In 2022, the top importers of Leather articles were United States ($17.2B), Germany ($5.8B), Japan ($5.41B), France ($5.01B), and China ($4.33B).

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Exporters of Leather articles (2022)
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Importers of Leather articles (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$7.28B
Top Destination Growth (2021 -  2022)United States$3.74B

Between 2021 and 2022, the exports of Leather articles grew the fastest in China ($7.28B), Italy ($1.23B), Vietnam ($1.12B), France ($1.07B), and Cambodia ($1.03B).

Between 2021 and 2022, the fastest growing importers of Leather articles were United States ($3.74B), Singapore ($1.04B), Germany ($804M), Spain ($628M), and France ($573M).

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Exporters of Leather articles (2021 - 2022)

Importers of Leather articles (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Leather articles.

In 2022, market concentration measured using Shannon Entropy, was 3.63. This means that most of the exports of Leather articles are explained by 12 countries.

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Value of Exports in Leather articles

Net Trade

TOP NET EXPORTER (2022)China$32B
TOP NET IMPORTER (2022)United States$15.9B

This map shows which countries export or import more of Leather articles. Each country is colored based on the difference in exports and imports of Leather articles during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Leather articles were China ($32B), France ($7.53B), Italy ($7.19B), Vietnam ($3.37B), and Cambodia ($3.02B).

In 2022, the countries that had a largest trade value in imports than in exports of Leather articles were United States ($15.9B), Japan ($5.22B), South Korea ($3.31B), Germany ($3.08B), and United Kingdom ($2.59B).

Net Trade (2022)

Disaggregation

Value
Disaggregation

In 2022, the world most traded Leather articles, disaggragated by their HS6 level were Trunks and Cases ($82B), Leather Apparel ($7.78B), Saddlery ($2.87B), Other Leather Articles ($2.63B), and Articles of Gut ($42M)

HS6 Disaggregation for Leather articles (2022)
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Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Leather articles.
It is possible to select the main countries that export or import Leather articles in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Leather articles by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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