Machinery for preparing, tanning or working hides, skins or leather or for making or repairing footwear or other articles of hides, skins or leather, other than sewing machines

8453 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Leather Machinery. In 2022, Leather Machinery were the world's 924th most traded product, with a total trade of $1.09B. Between 2021 and 2022 the exports of Leather Machinery grew by 7.57%, from $1.01B to $1.09B. Trade in Leather Machinery represent 0.0046% of total world trade.

Leather Machinery are a part of Machinery, mechanical appliances, & parts. They include Machinery for making or repairing footwear, Machinery to prepare, tan, work hides, skins, leather, Parts of machinery for leather industry, and Machinery for leather, skin goods making except sewin.

Exports In 2022 the top exporters of Leather Machinery  were China ($413M), Italy ($320M), Chinese Taipei ($104M), Germany ($61.2M), and South Korea ($45.8M).

Imports In 2022 the top importers of Leather Machinery were Indonesia ($152M), Vietnam ($139M), India ($82.1M), United States ($53.5M), and China ($53M).

Ranking Leather Machinery ranks 464th in the Product Complexity Index (PCI).

Description Machines for preparing, tanning or working hides, skins or leather are used to remove the hair and skin from animal hides. They can be made from a variety of materials, including steel, aluminum, and wood. Machines for making or repairing footwear or other articles of hides, skins or leather are used to make shoes and other items from animal hides.

Latest Data

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The following visualization shows the latest trends on Leather Machinery. 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$413M
Top Destination (2022)Indonesia$152M

In 2022 Leather Machinery were the world's 924th most traded product (out of 1,218).

In 2022, the top exporters of Leather Machinery were China ($413M), Italy ($320M), Chinese Taipei ($104M), Germany ($61.2M), and South Korea ($45.8M).

In 2022, the top importers of Leather Machinery were Indonesia ($152M), Vietnam ($139M), India ($82.1M), United States ($53.5M), and China ($53M).

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

Color
Top Origin Growth (2021 -  2022)China$86M
Top Destination Growth (2021 -  2022)Indonesia$20.1M

Between 2021 and 2022, the exports of Leather Machinery grew the fastest in China ($86M), Chinese Taipei ($14.3M), Germany ($3.33M), Vietnam ($2.15M), and Spain ($1.34M).

Between 2021 and 2022, the fastest growing importers of Leather Machinery were Indonesia ($20.1M), United States ($15.7M), Bangladesh ($15.4M), India ($11.8M), and Cambodia ($7.94M).

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Exporters of Leather Machinery (2021 - 2022)

Importers of Leather Machinery (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 2.85. This means that most of the exports of Leather Machinery are explained by 7 countries.

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Value of Exports in Leather Machinery

Net Trade

TOP NET EXPORTER (2022)China$360M
TOP NET IMPORTER (2022)Indonesia$150M

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

In 2022, the countries that had a largest trade value in exports than in imports of Leather Machinery were China ($360M), Italy ($292M), Chinese Taipei ($99M), Germany ($40.4M), and South Korea ($37M).

In 2022, the countries that had a largest trade value in imports than in exports of Leather Machinery were Indonesia ($150M), Vietnam ($134M), India ($79.8M), Mexico ($43.5M), and Bangladesh ($42.1M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Leather Machinery, disaggragated by their HS6 level were Machinery for making or repairing footwear ($507M), Parts of machinery for leather industry ($247M), Machinery to prepare, tan, work hides,... ($213M), and Machinery for leather, skin goods making... ($125M)

HS6 Disaggregation for Leather Machinery (2022)
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Country Comparison

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Ranking

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

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

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $10.3M
TOP IMPORT POTENTIALSouth Korea+ $1.04M

Leather Machinery’s highest export potential is India. With an export gap of $10.3M.  Leather Machinery’s highest import potential is South Korea with an import gap of $1.04M.

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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)

Country by Relatedness

The following visualization shows the relatedness of Leather Machinery to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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