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420221 (Harmonized System 1992 for 6-digit)

2022
World Trade $16.8BRnk 209 / 4648
2022
Top Exporter | Top ImporterfalseN/A | United States
2022
Product Complexity -0.77Rnk 3554 / 4653
2021 - 2022
Export Growth (CAGR) 17.1%Rnk 974 / 4648
2022
Share of World Trade 0.071%Rnk 209 / 4648

About

Overview This page contains the latest trade data of Handbags with outer surface of leather. In 2022, Handbags with outer surface of leather were the world's 209th most traded product, with a total trade of $16.8B. Between 2021 and 2022 the exports of Handbags with outer surface of leather grew by 17.1%, from $14.3B to $16.8B. Trade in Handbags with outer surface of leather represent 0.071% of total world trade.

Handbags with outer surface of leather are a part of Trunks and Cases.

Exports In 2022 the top exporters of Handbags with outer surface of leather  were N/A.

Imports In 2022 the top importers of Handbags with outer surface of leather were United States ($2.74B), China ($1.76B), France ($1.4B), Hong Kong ($1.15B), and South Korea ($1.02B).

Ranking Handbags with outer surface of leather ranks 3554th in the Product Complexity Index (PCI).

Description A handbag with an outer surface of leather is typically used as a storage device for personal items, such as identification, credit cards, and cash. They are also used as a status symbol, with handbags made of leather often being more expensive than those made of other materials.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Handbags with outer surface of leather. 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 Destination (2022)United States$2.74B

In 2022 Handbags with outer surface of leather were the world's 209th most traded product (out of 4,648).

In 2022, the top importers of Handbags with outer surface of leather were United States ($2.74B), China ($1.76B), France ($1.4B), Hong Kong ($1.15B), and South Korea ($1.02B).

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Exporters of Handbags with outer surface of leather (2022)
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Importers of Handbags with outer surface of leather (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)France$974M
Top Destination Growth (2021 -  2022)United States$604M

Between 2021 and 2022, the exports of Handbags with outer surface of leather grew the fastest in France ($974M), Italy ($852M), China ($147M), Cambodia ($116M), and India ($95.3M).

Between 2021 and 2022, the fastest growing importers of Handbags with outer surface of leather were United States ($604M), Singapore ($278M), France ($271M), United Kingdom ($179M), and South Korea ($114M).

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Exporters of Handbags with outer surface of leather (2021 - 2022)

Importers of Handbags with outer surface of leather (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Handbags with outer surface of leather.

In 2022, market concentration measured using Shannon Entropy, was 3.14. This means that most of the exports of Handbags with outer surface of leather are explained by 8 countries.

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Value of Exports in Handbags with outer surface of leather

Net Trade

TOP NET EXPORTER (2022)France$4.36B
TOP NET IMPORTER (2022)United States$2.6B

This map shows which countries export or import more of Handbags with outer surface of leather. Each country is colored based on the difference in exports and imports of Handbags with outer surface of leather during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Handbags with outer surface of leather were France ($4.36B), Italy ($4.06B), Cambodia ($450M), India ($392M), and Vietnam ($317M).

In 2022, the countries that had a largest trade value in imports than in exports of Handbags with outer surface of leather were United States ($2.6B), Hong Kong ($1.02B), South Korea ($967M), Japan ($753M), and Singapore ($624M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Handbags with outer surface of leather 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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