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Leather or composition leather articles n.e.c. in chapter 42

4205 (Harmonized System 1992 for 4-digit)

2022
World Trade $2.63BRnk 714 / 1218
2022
Top Exporter | Top Importer $570M | $425MChina | United States
2022
Product Complexity -0.25Rnk 636 / 1033
2021 - 2022
Export Growth (CAGR) -6.61%Rnk 1048 / 1218
2022
Share of World Trade 0.011%Rnk 714 / 1218

About

Overview This page contains the latest trade data of Other Leather Articles. In 2022, Other Leather Articles were the world's 714th most traded product, with a total trade of $2.63B. Between 2021 and 2022 the exports of Other Leather Articles decreased by -6.61%, from $2.81B to $2.63B. Trade in Other Leather Articles represent 0.011% of total world trade.

Other Leather Articles are a part of Leather articles. They include Articles of leather and composition leather, nes.

Exports In 2022 the top exporters of Other Leather Articles  were China ($570M), Hungary ($191M), Italy ($173M), France ($172M), and Portugal ($117M).

Imports In 2022 the top importers of Other Leather Articles were United States ($425M), Romania ($234M), Italy ($133M), France ($123M), and South Korea ($110M).

Ranking Other Leather Articles ranks 636th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Other 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$570M
Top Destination (2022)United States$425M

In 2022 Other Leather Articles were the world's 714th most traded product (out of 1,218).

In 2022, the top exporters of Other Leather Articles were China ($570M), Hungary ($191M), Italy ($173M), France ($172M), and Portugal ($117M).

In 2022, the top importers of Other Leather Articles were United States ($425M), Romania ($234M), Italy ($133M), France ($123M), and South Korea ($110M).

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Exporters of Other Leather Articles (2022)
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Importers of Other Leather Articles (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Portugal$22.9M
Top Destination Growth (2021 -  2022)Kyrgyzstan$40.8M

Between 2021 and 2022, the exports of Other Leather Articles grew the fastest in Portugal ($22.9M), Serbia ($15.7M), Tunisia ($15.3M), India ($15.3M), and Thailand ($12.2M).

Between 2021 and 2022, the fastest growing importers of Other Leather Articles were Kyrgyzstan ($40.8M), Morocco ($37.8M), United States ($37.1M), France ($20.4M), and Italy ($18.1M).

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Exporters of Other Leather Articles (2021 - 2022)

Importers of Other Leather Articles (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Other Leather Articles.

In 2022, market concentration measured using Shannon Entropy, was 4.6. This means that most of the exports of Other Leather Articles are explained by 24 countries.

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Value of Exports in Other Leather Articles

Net Trade

TOP NET EXPORTER (2022)China$517M
TOP NET IMPORTER (2022)United States$350M

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

In 2022, the countries that had a largest trade value in exports than in imports of Other Leather Articles were China ($517M), Hungary ($135M), Croatia ($95.5M), Portugal ($80.4M), and India ($65.2M).

In 2022, the countries that had a largest trade value in imports than in exports of Other Leather Articles were United States ($350M), Romania ($139M), South Korea ($83.7M), Morocco ($80.9M), and Turkey ($76.3M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Other Leather Articles by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $5.57M
TOP IMPORT POTENTIALItaly+ $2.01M

Other Leather Articles’s highest export potential is United States. With an export gap of $5.57M.  Other Leather Articles’s highest import potential is Italy with an import gap of $2.01M.

See methodology.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Other Leather Articles.

Country by Relatedness

The following visualization shows the relatedness of Other Leather Articles 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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