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2022
Exports $74.2MWorld Rnk 13 / 174
Flag Rnk 796 / 1217
2022
Destination $642k Mexico
2021 - 2022
FASTEST GROWING MARKET $642kJapan
2022
PRODUCT COMPLEXITY IN Other Leather Articles-0.11Rnk 585 / 1025
2022
Imports $425MWorld Rnk 1 / 210
Flag Rnk 587 / 1216
2022
Origin $19.9M Mexico
2021 - 2022
FASTEST GROWING ORIGIN $19.9MChina
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $74.2M in Other Leather Articles, making it the 13th largest exporter of Other Leather Articles in the world. At the same year, Other Leather Articles was the 796th most exported product in United States. The main destination of Other Leather Articles exports from United States are: Mexico ($49.7M), Canada ($9.78M), Japan ($1.24M), Dominican Republic ($1.06M), and France ($844k).

The fastest growing export markets for Other Leather Articles of United States between 2021 and 2022 were Japan ($642k), Nigeria ($504k), and Germany ($433k).

Imports In 2022, United States imported $425M in Other Leather Articles, becoming the 1st largest importer of Other Leather Articles in the world. At the same year, Other Leather Articles was the 587th most imported product in United States. United States imports Other Leather Articles primarily from: Mexico ($104M), China ($102M), India ($37.4M), Paraguay ($28.6M), and France ($22.6M).

The fastest growing import markets in Other Leather Articles for United States between 2021 and 2022 were China ($19.9M), India ($14.1M), and Dominican Republic ($8.76M).

COMPANIES In 2023, leading companies such as CrimsonLogic (35), Cinmar (24), and Amazon (21) were at the forefront of shipping Other Leather Articles to the United States.

Latest Trends

August 2024

About

Overview In August 2024 United States' Other Leather Articles exports accounted up to $3.3M and imports accounted up to $11.3M, resulting in a negative trade balance of $8.05M. Between August 2023 and August 2024 the exports of United States'   Other Leather Articles have decreased by $-1.53M (-31.7%) from $4.83M to $3.3M, while imports increased by $322k (2.92%) from $11M to $11.3M.

Destinations In August 2024, Other Leather Articles were exported mostly to Canada ($956k), Mexico ($838k), Costa Rica ($259k), Dominican Republic ($161k), and United Kingdom ($155k), and were imported mostly from India ($1.65M), Mexico ($1.61M), China ($1.58M), France ($1.41M), and Portugal ($1.2M).

Growth In August 2024, the decrease in Other Leather Articles's year-by-year exports was explained primarily by a decrease in exports to Mexico ($-1.66M or -27.8%), Canada ($-108k or -11.2%), and Japan ($-94.8k or -94.4%). In August 2024, the increase in Other Leather Articles's year-by-year imports was explained primarily by an increase in imports from Thailand ($466k or 123%), Italy ($408k or 81.3%), and France ($239k or 14.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (August 2023 - August 2024)$-1.53M(-31.7%)
IMPORT GROWTH (August 2023 - August 2024)$322k(2.92%)
MAIN EXPORTER (August 2024)Kentucky$1.35M
MAIN DESTINATION (August 2024)Canada$956k

This section shows Other Leather Articles's exports and imports data at subnational level for United States. 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 Other Leather Articles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$74.2M
IMPORTS (2022)$425M
NET TRADE (2022)-$350M

In 2022, United States exported $74.2M in Other Leather Articles. The main destinations of United States exports on Other Leather Articles were Mexico ($49.7M), Canada ($9.78M), Japan ($1.24M), Dominican Republic ($1.06M), and France ($844k).

In 2022, United States imported $425M in Other Leather Articles, mainly from Mexico ($104M), China ($102M), India ($37.4M), Paraguay ($28.6M), and France ($22.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Leather Articles EXPORT MARKETS FOR United States WERE (2021 - 2022):
Japan$642k (106%)
Nigeria$504k (2.32k%)
Germany$433k (108%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Leather Articles BY United States WERE (2021 - 2022):
Mexico-$20.9M (-29.6%)
Canada-$1.45M (-12.9%)
Romania-$761k (-60.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Other Leather Articles were:
China $570M
Hungary $191M
Italy $173M
In 2022, United States's main importing competitors in Other Leather Articles were:
Romania $234M
Italy $133M

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Trade Value of Other Leather Articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $1.47M
TOP IMPORT POTENTIALChina+ $5.57M

Other Leather Articles’s highest export potential is Canada. With an export gap of $1.47M.   Other Leather Articles’s highest import potential is China with an import gap of $5.57M.

See methodology.

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