2022
Exports
$454MWorld Rnk 25 / 224
Flag Rnk 28 / 96
2022
PRODUCT COMPLEXITY IN Leather articles
-0.063Rnk 569 / 1025
2022
Imports
$2.89BWorld Rnk 9 / 225
Flag Rnk 13 / 96
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $454M in Leather articles, making it the 25th largest exporter of Leather articles in the world. At the same year, Leather articles was the 28th most exported product in Hong Kong. The main destination of Leather articles exports from Hong Kong are: Macau ($44.7M), Italy ($33.4M), Netherlands ($32.6M), France ($31.4M), and China ($30.7M).

The fastest growing export markets for Leather articles of Hong Kong between 2021 and 2022 were France ($12.9M), Malaysia ($8.27M), and Israel ($5.18M).

Imports In 2022, Hong Kong imported $2.89B in Leather articles, becoming the 9th largest importer of Leather articles in the world. At the same year, Leather articles was the 13th most imported product in Hong Kong. Hong Kong imports Leather articles primarily from: France ($1.08B), China ($590M), Italy ($432M), United Kingdom ($153M), and Macau ($88.4M).

The fastest growing import markets in Leather articles for Hong Kong between 2021 and 2022 were Macau ($29.6M), Germany ($5.15M), and South Korea ($4.85M).

COMPANIES In 2023, leading companies such as PVH (Phillips-Van Heusen Corporation) (1), L'Oreal (1), and Helly Hansen (1) were at the forefront of shipping Leather articles from Hong Kong to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Leather articles. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$454M
IMPORTS (2022)$2.89B
NET TRADE (2022)-$2.44B

In 2022, Hong Kong exported $454M in Leather articles. The main destinations of Hong Kong exports on Leather articles were Macau ($44.7M), Italy ($33.4M), Netherlands ($32.6M), France ($31.4M), and China ($30.7M).

In 2022, Hong Kong imported $2.89B in Leather articles, mainly from France ($1.08B), China ($590M), Italy ($432M), United Kingdom ($153M), and Macau ($88.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Leather articles EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
France$12.9M (69.2%)
Malaysia$8.27M (46.9%)
Israel$5.18M (47.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather articles BY Hong Kong WERE (2021 - 2022):
Macau-$8.85M (-16.5%)
China-$7.65M (-19.9%)
Japan-$6.49M (-39.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Leather articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $21.6M
TOP IMPORT POTENTIALChina+ $338M

Leather articles’s highest export potential is United States. With an export gap of $21.6M.   Leather articles’s highest import potential is China with an import gap of $338M.

See methodology.

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