HS Icon Leather of Other Animals

4107 (Harmonized System 1992 for 4-digit)

World Trade (2018): $1.02B, Rnk 904 / 1225

Top Exporter (2018): $156M, Italy

Top Importer (2018): $147M, Italy

Product Complexity (2018): -1.1, Rnk 843 / 1018

Export Growth (CAGR)(2017 - 2018): 2.65%, Rnk 1021 / 1225

Mean Tariff (2018): 8.73%, Rnk 494 / 1259

Share of World Trade (2018): 0.0055%, Rnk 904 / 1225

Overview:  This page contains the latest trade data of Leather of Other Animals. In 2018, Leather of Other Animals were the world's 904th most traded product, with a total trade of $1.02B. Between 2017 and 2018 the exports of Leather of Other Animals grew by 2.65%, from  $989M to $1.02B. Trade in Leather of Other Animals represent 0.0055% of total world trade.

Exports: In 2018 the top exporters of Leather of Other Animals  were Italy ($156M), Chinese Taipei ($89.8M), France ($76.2M), Thailand ($74.7M), and United States ($73.8M).

Imports: In 2018 the top importers of Leather of Other Animals were Italy ($147M), Thailand ($85.2M), Vietnam ($79.4M), France ($76.2M), and China ($75.2M).

Tariffs: In 2018 the average tariff for Leather of Other Animals was 8.73%, been the 494 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Leather of Other Animals are Iran (57.5%), Bahamas (40.2%), Sudan (35%), Syria (27.6%), and Bermuda (25%). The countries with the lowest tariffs are Ethiopia (0%), Mauritius (0%), Hong Kong (0%), Indonesia (0%), and Singapore (0%).

Ranking: Leather of Other Animals ranks 843rd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Italy, $156M

Top Destination (2018): Italy, $147M

Leather of Other Animals are the world's 904th most traded product.

In 2018, the top exporters of Leather of Other Animals were Italy ($156M), Chinese Taipei ($89.8M), France ($76.2M), Thailand ($74.7M), and United States ($73.8M).

In 2018, the top importers of Leather of Other Animals were Italy ($147M), Thailand ($85.2M), Vietnam ($79.4M), France ($76.2M), and China ($75.2M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Chinese Taipei, $36.2M

Top Destination Growth (2017 - 2018): Vietnam, $26.4M

Between 2017 and 2018, the exports of Leather of Other Animals grew the fastest in Chinese Taipei ($36.2M), France ($35.6M), Italy ($35M), Singapore ($10.8M), and South Africa ($8.57M).

Between 2017 and 2018, the fastest growing importers of Leather of Other Animals were Vietnam ($26.4M), Switzerland ($22.6M), Mexico ($21.1M), France ($20.8M), and Austria ($12.5M).

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Market Concentration

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Cumulative market share

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

In 2018,  market concentration measured using Shannon Entropy, was 4.65. This means that most of the exports of Leather of Other Animals are explained by 25 countries.

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TOP NET EXPORTER (2018): Chinese Taipei, $64.4M

TOP NET IMPORTER (2018): Vietnam, $70M

This map shows which countries export or import more of Leather of Other Animals. Each country is colored based on the difference in exports and imports of Leather of Other Animals during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Leather of Other Animals were Chinese Taipei ($64.4M), Japan ($52.3M), United States ($45.8M), South Africa ($40.4M), and Singapore ($32.7M).

In 2018, the countries that had a largest trade value in imports than in exports of Leather of Other Animals were Vietnam ($70M), Portugal ($47M), Mexico ($27.7M), Hong Kong ($25.6M), and China ($23.1M).

Trade Forecasts

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This section shows forecasts for total trade for Leather of Other Animals. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Leather of Other Animals was 8.73%.  The countries with the highest tariffs for importing Leather of Other Animals were Iran (57.5%), Bahamas (40.2%), Sudan (35%), Syria (27.6%), and Bermuda (25%).

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Product Complexity

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Diversification Frontier

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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.