2022
Exports
$262MWorld Rnk 34 / 224
Flag Rnk 69 / 96
2022
PRODUCT COMPLEXITY IN Leather articles
-0.063Rnk 569 / 1025
2022
Imports
$2.28BWorld Rnk 13 / 225
Flag Rnk 43 / 96
2022
ECONOMIC COMPLEXITY of Canada
0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $262M in Leather articles, making it the 34th largest exporter of Leather articles in the world. At the same year, Leather articles was the 69th most exported product in Canada. The main destination of Leather articles exports from Canada are: United States ($203M), Hong Kong ($10.9M), Canada ($8.34M), Netherlands ($3.61M), and Germany ($3.25M).

The fastest growing export markets for Leather articles of Canada between 2021 and 2022 were United States ($53.1M), Hong Kong ($1.16M), and China ($887k).

Imports In 2022, Canada imported $2.28B in Leather articles, becoming the 13th largest importer of Leather articles in the world. At the same year, Leather articles was the 43rd most imported product in Canada. Canada imports Leather articles primarily from: China ($849M), United States ($504M), Italy ($165M), Vietnam ($161M), and Cambodia ($122M).

The fastest growing import markets in Leather articles for Canada between 2021 and 2022 were United States ($105M), China ($91.6M), and Vietnam ($85.2M).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$1.41M(9.66%)
IMPORT GROWTH (June 2023 - June 2024)C$-25.8M(-9.95%)
MAIN EXPORTER (June 2024)OntarioC$9.77M
MAIN DESTINATION (June 2024)United StatesC$12.3M

This section shows Leather articles's exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Leather articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$262M
IMPORTS (2022)$2.28B
NET TRADE (2022)-$2.02B

In 2022, Canada exported $262M in Leather articles. The main destinations of Canada exports on Leather articles were United States ($203M), Hong Kong ($10.9M), Canada ($8.34M), Netherlands ($3.61M), and Germany ($3.25M).

In 2022, Canada imported $2.28B in Leather articles, mainly from China ($849M), United States ($504M), Italy ($165M), Vietnam ($161M), and Cambodia ($122M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Leather articles EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$53.1M (35.3%)
Hong Kong$1.16M (11.9%)
China$887k (57.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather articles BY Canada WERE (2021 - 2022):
Norway-$3.73M (-85%)
Switzerland-$761k (-55.2%)
Mexico-$696k (-24.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Leather articles were:
China $36.3B
France $12.5B
Italy $11.3B
In 2022, Canada's main importing competitors in Leather articles were:

Explore Visualizations

Trade Value of Leather articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $118M
TOP IMPORT POTENTIALChina+ $74M

Leather articles’s highest export potential is United States. With an export gap of $118M.   Leather articles’s highest import potential is China with an import gap of $74M.

See methodology.

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