420330 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Belts and bandoliers of leather or composition leathe. In 2023, Belts and bandoliers of leather or composition leathe were the world's 1233rd most traded product, with a total trade of $2.51B. Between 2022 and 2023 the exports of Belts and bandoliers of leather or composition leathe decreased by -5.01%, from $2.64B to $2.51B. Trade in Belts and bandoliers of leather or composition leathe represent 0.011% of total world trade.

Belts and bandoliers of leather or composition leathe are a part of Leather Apparel.

Exports In 2023 the top exporters of Belts and bandoliers of leather or composition leathe  were Italy ($685M), China ($431M), France ($329M), Spain ($236M), and India ($148M).

Imports In 2023 the top importers of Belts and bandoliers of leather or composition leathe were United States ($416M), China ($212M), France ($202M), Hong Kong ($170M), and Germany ($145M).

Ranking Belts and bandoliers of leather or composition leathe ranks 3080th in the Product Complexity Index (PCI).

Description A belt is typically used to hold up pants. A bandolier might be used to hold ammunition for a rifle.

Latest Data

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The following visualization shows the latest trends on Belts and bandoliers of leather or composition leathe. Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Italy$685M
Top Destination (2023)United States$416M

In 2023 Belts and bandoliers of leather or composition leathe were the world's 1233rd most traded product (out of 4,644).

In 2023, the top exporters of Belts and bandoliers of leather or composition leathe were Italy ($685M), China ($431M), France ($329M), Spain ($236M), and India ($148M).

In 2023, the top importers of Belts and bandoliers of leather or composition leathe were United States ($416M), China ($212M), France ($202M), Hong Kong ($170M), and Germany ($145M).

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Exporters of Belts and bandoliers of leather or composition leathe (2023)
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Importers of Belts and bandoliers of leather or composition leathe (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)France$59.4M
Top Destination Growth (2022 -  2023)Australia$27.6M

Between 2022 and 2023, the exports of Belts and bandoliers of leather or composition leathe grew the fastest in France ($59.4M), Hong Kong ($10.6M), Singapore ($3.41M), United Kingdom ($3.13M), and Germany ($2.85M).

Between 2022 and 2023, the fastest growing importers of Belts and bandoliers of leather or composition leathe were Australia ($27.6M), Hong Kong ($27.4M), Vietnam ($15.3M), Tajikistan ($9.43M), and Italy ($9.35M).

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Exporters of Belts and bandoliers of leather or composition leathe (2022 - 2023)

Importers of Belts and bandoliers of leather or composition leathe (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Belts and bandoliers of leather or composition leathe.

In 2023, market concentration measured using Shannon Entropy, was 3.69. This means that most of the exports of Belts and bandoliers of leather or composition leathe are explained by 12 countries.

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Value of Exports in Belts and bandoliers of leather or composition leathe

Net Trade

TOP NET EXPORTER (2023)Italy$569M
TOP NET IMPORTER (2023)United States$399M

This map shows which countries export or import more of Belts and bandoliers of leather or composition leathe. Each country is colored based on the difference in exports and imports of Belts and bandoliers of leather or composition leathe during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Belts and bandoliers of leather or composition leathe were Italy ($569M), China ($219M), Spain ($190M), India ($139M), and France ($128M).

In 2023, the countries that had a largest trade value in imports than in exports of Belts and bandoliers of leather or composition leathe were United States ($399M), Hong Kong ($136M), Singapore ($103M), Japan ($92.2M), and South Korea ($72.6M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Belts and bandoliers of leather or composition leathe.
It is possible to select the main countries that export or import Belts and bandoliers of leather or composition leathe in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Belts and bandoliers of leather or composition leathe by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

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.

Relatedness vs Country Complexity (2023)

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