Overview In January 2024 United States' Composition leather with a basis of leather or leather fibre exports accounted up to $107k and imports accounted up to $744k, resulting in a negative trade balance of $637k. Between January 2023 and January 2024 the exports of United States' Composition leather with a basis of leather or leather fibre have decreased by $-11.4k (-9.67%) from $118k to $107k, while imports increased by $432k (138%) from $312k to $744k.
Destinations In January 2024, Composition leather with a basis of leather or leather fibre were exported mostly to United Kingdom ($42.6k), Mexico ($26.7k), China ($12.5k), Hong Kong ($11.7k), and New Zealand ($5.08k), and were imported mostly from United Kingdom ($579k), Mexico ($69.3k), Italy ($35.9k), Netherlands ($19.3k), and Japan ($13k).
Growth In January 2024, the decrease in Composition leather with a basis of leather or leather fibre's year-by-year exports was explained primarily by a decrease in exports to Nigeria ($-109k or -96.7%) and Canada ($-23.9k or -90.2%). In January 2024, the increase in Composition leather with a basis of leather or leather fibre's year-by-year imports was explained primarily by an increase in imports from Mexico ($41.2k or 147%).