HS Icon Articles for pocket or handbag, leather outer surface

420231 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of Articles for pocket or handbag, leather outer surface. In 2021, Articles for pocket or handbag, leather outer surface were the world's 921st most traded product, with a total trade of $3.81B. Between 2020 and 2021 the exports of Articles for pocket or handbag, leather outer surface grew by 20.5%, from $3.17B to $3.81B. Trade in Articles for pocket or handbag, leather outer surface represent 0.018% of total world trade.

Articles for pocket or handbag, leather outer surface are a part of Trunks and Cases.

Exports In 2021 the top exporters of Articles for pocket or handbag, leather outer surface  were France ($972M), Italy ($969M), China ($477M), India ($347M), and Spain ($145M).

Imports In 2021 the top importers of Articles for pocket or handbag, leather outer surface were Japan ($508M), United States ($454M), South Korea ($264M), France ($253M), and Hong Kong ($248M).

Tariffs In 2018 the average tariff for Articles for pocket or handbag, leather outer surface was 17.6%, making it the 728th lowest tariff using the HS6 product classification.

Ranking Articles for pocket or handbag, leather outer surface ranks 3573rd in the Product Complexity Index (PCI).

Description Leather outer surface of a pocket or handbag is typically made from cowhide, but can also be made from other animal skin. Leather outer surface is smooth and durable and can be dyed any color. It is typically used for protection against wear and tear and to give the pocket a total look.

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The following visualization shows the latest trends on Articles for pocket or handbag, leather outer surface. Countries are shown based on data availability.

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

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): France, $972M

Top Destination (2021): Japan, $508M

Articles for pocket or handbag, leather outer surface are the world's 921st most traded product.

In 2021, the top exporters of Articles for pocket or handbag, leather outer surface were France ($972M), Italy ($969M), China ($477M), India ($347M), and Spain ($145M).

In 2021, the top importers of Articles for pocket or handbag, leather outer surface were Japan ($508M), United States ($454M), South Korea ($264M), France ($253M), and Hong Kong ($248M).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): Italy, $236M

Top Destination Growth (2020 -  2021): China, $140M

Between 2020 and 2021, the exports of Articles for pocket or handbag, leather outer surface grew the fastest in Italy ($236M), France ($132M), China ($85.1M), India ($65M), and Spain ($41.5M).

Between 2020 and 2021, the fastest growing importers of Articles for pocket or handbag, leather outer surface were China ($140M), United States ($140M), France ($55M), Japan ($52.6M), and Hong Kong ($44.9M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Articles for pocket or handbag, leather outer surface.

In 2021, market concentration measured using Shannon Entropy, was 3.47. This means that most of the exports of Articles for pocket or handbag, leather outer surface are explained by 11 countries.

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TOP NET EXPORTER (2021): Italy, $736M

TOP NET IMPORTER (2021): Japan, $503M

This map shows which countries export or import more of Articles for pocket or handbag, leather outer surface. Each country is colored based on the difference in exports and imports of Articles for pocket or handbag, leather outer surface during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Articles for pocket or handbag, leather outer surface were Italy ($736M), France ($719M), India ($333M), China ($245M), and Spain ($106M).

In 2021, the countries that had a largest trade value in imports than in exports of Articles for pocket or handbag, leather outer surface were Japan ($503M), United States ($418M), South Korea ($254M), Hong Kong ($223M), and Singapore ($156M).

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Articles for pocket or handbag, leather outer surface.
It is possible to select the main countries that export or import Articles for pocket or handbag, leather outer surface in the world, or by continent, as well as select the measure of interest.

Product Complexity

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Diversification Frontier

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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.