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845390 (Harmonized System 1992 for 6-digit)

2023
World Trade $226MRnk 3582 / 4644
2023
Top Exporter | Top Importer $90.1M | $23.7MItaly | United States
2023
Product Complexity 0.57Rnk 1543 / 4656
2022 - 2023
Export Growth (CAGR) -3.47%Rnk 1910 / 4644
2023
Share of World Trade 0.001%Rnk 3582 / 4644

About

Overview This page contains the latest trade data of Parts of machinery for leather industry. In 2023, Parts of machinery for leather industry were the world's 3582nd most traded product, with a total trade of $226M. Between 2022 and 2023 the exports of Parts of machinery for leather industry decreased by -3.47%, from $234M to $226M. Trade in Parts of machinery for leather industry represent 0.001% of total world trade.

Parts of machinery for leather industry are a part of Leather Machinery.

Exports In 2023 the top exporters of Parts of machinery for leather industry  were Italy ($90.1M), Germany ($36.4M), China ($33.4M), Chinese Taipei ($19.2M), and South Korea ($5.98M).

Imports In 2023 the top importers of Parts of machinery for leather industry were United States ($23.7M), Vietnam ($21.3M), Italy ($15.9M), India ($14M), and Portugal ($12.4M).

Ranking Parts of machinery for leather industry ranks 1543rd in the Product Complexity Index (PCI).

Description Parts of machinery for the leather industry may include machines that cut the leather, machines that punch holes, machines that sew the pieces together, machines that coat the leather, and machines that mold the leather into the desired shape.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Parts of machinery for leather industry. 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 (2023)Italy$90.1M
Top Destination (2023)United States$23.7M

In 2023 Parts of machinery for leather industry were the world's 3582nd most traded product (out of 4,644).

In 2023, the top exporters of Parts of machinery for leather industry were Italy ($90.1M), Germany ($36.4M), China ($33.4M), Chinese Taipei ($19.2M), and South Korea ($5.98M).

In 2023, the top importers of Parts of machinery for leather industry were United States ($23.7M), Vietnam ($21.3M), Italy ($15.9M), India ($14M), and Portugal ($12.4M).

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Exporters of Parts of machinery for leather industry (2023)
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Importers of Parts of machinery for leather industry (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$4.58M
Top Destination Growth (2022 -  2023)Vietnam$5.45M

Between 2022 and 2023, the exports of Parts of machinery for leather industry grew the fastest in Germany ($4.58M), Thailand ($3.06M), Slovenia ($1.51M), Chinese Taipei ($1.09M), and Brazil ($422k).

Between 2022 and 2023, the fastest growing importers of Parts of machinery for leather industry were Vietnam ($5.45M), Italy ($2.73M), South Korea ($1.61M), Mexico ($1.35M), and Spain ($1.29M).

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Exporters of Parts of machinery for leather industry (2022 - 2023)

Importers of Parts of machinery for leather industry (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Parts of machinery for leather industry.

In 2023, market concentration measured using Shannon Entropy, was 3.12. This means that most of the exports of Parts of machinery for leather industry are explained by 8 countries.

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Value of Exports in Parts of machinery for leather industry

Net Trade

TOP NET EXPORTER (2023)Italy$74.2M
TOP NET IMPORTER (2023)United States$21.4M

This map shows which countries export or import more of Parts of machinery for leather industry. Each country is colored based on the difference in exports and imports of Parts of machinery for leather industry during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Parts of machinery for leather industry were Italy ($74.2M), Germany ($30.9M), China ($23.8M), Chinese Taipei ($17.7M), and South Korea ($2.37M).

In 2023, the countries that had a largest trade value in imports than in exports of Parts of machinery for leather industry were United States ($21.4M), Vietnam ($20.4M), India ($13.5M), Portugal ($11.8M), and Indonesia ($11.6M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Parts of machinery for leather industry 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 (2023)

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