HS Icon Other Leather Articles

4205 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $3.02B, Rnk 632 / 1217

2019
Top Exporter | Top Importer
: $489M | $434M, China | United States

2019
Product Complexity
: 0.0069, Rnk 525 / 961

2018 - 2019
Export Growth (CAGR)
: -8.95%, Rnk 928 / 1217

2018
Mean Tariff
: 11.4%, Rnk 352 / 1259

 2019
Share of World Trade
: 0.017%, Rnk 632 / 1217

Overview:  This page contains the latest trade data of Other Leather Articles. In 2019, Other Leather Articles were the world's 632nd most traded product, with a total trade of $3.02B. Between 2018 and 2019 the exports of Other Leather Articles decreased by -8.95%, from  $3.32B to $3.02B. Trade in Other Leather Articles represent 0.017% of total world trade.

Exports: In 2019 the top exporters of Other Leather Articles  were China ($489M), Italy ($297M), Hungary ($251M), France ($188M), and Croatia ($156M).

Imports: In 2019 the top importers of Other Leather Articles were United States ($434M), Romania ($367M), France ($159M), Mexico ($128M), and Turkey ($121M).

Tariffs: In 2018 the average tariff for Other Leather Articles was 11.4%, making it the 352nd lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Other Leather Articles are Syria (73.5%), Zimbabwe (54.7%), Bahamas (40.2%), Iran (38%), and Sudan (35%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Switzerland (0%), and Norway (0%).

Ranking: Other Leather Articles ranks 525th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $489M

Top Destination (2019): United States, $434M

Other Leather Articles are the world's 632nd most traded product.

In 2019, the top exporters of Other Leather Articles were China ($489M), Italy ($297M), Hungary ($251M), France ($188M), and Croatia ($156M).

In 2019, the top importers of Other Leather Articles were United States ($434M), Romania ($367M), France ($159M), Mexico ($128M), and Turkey ($121M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Serbia, $38.5M

Top Destination Growth (2018 - 2019): France, $46.9M

Between 2018 and 2019, the exports of Other Leather Articles grew the fastest in Serbia ($38.5M), India ($32.7M), Portugal ($24.6M), China ($24.1M), and Slovenia ($13.6M).

Between 2018 and 2019, the fastest growing importers of Other Leather Articles were France ($46.9M), Vietnam ($25.8M), Turkey ($24.2M), United Kingdom ($7.57M), and North Macedonia ($4.68M).

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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 Other Leather Articles.

In 2019,  market concentration measured using Shannon Entropy, was 4.67. This means that most of the exports of Other Leather Articles are explained by 25 countries.

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TOP NET EXPORTER (2019): China, $437M

TOP NET IMPORTER (2019): United States, $293M

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 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Other Leather Articles were China ($437M), Hungary ($193M), Italy ($184M), Croatia ($143M), and India ($96.3M).

In 2019, the countries that had a largest trade value in imports than in exports of Other Leather Articles were United States ($293M), Romania ($291M), Turkey ($105M), Hong Kong ($90.7M), and Japan ($70.5M).

Disaggregation

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Value

In 2019, the world most traded Other Leather Articles, disaggragated by their HS6 level were Articles of leather and composition leather,... ($3.02B)

Import Tariffs

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In 2018, the average tariff for importing Other Leather Articles was 11.4%.  The countries with the highest tariffs for importing Other Leather Articles were Syria (73.5%), Zimbabwe (54.7%), Bahamas (40.2%), Iran (38%), and Sudan (35%).

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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.