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420330 (Harmonized System 1992 for 6-digit)

2022
World Trade $2.62BRnk 1256 / 4648
2022
Top Exporter | Top Importer $695M | $531MItaly | United States
2022
Product Complexity -0.41Rnk 3116 / 4653
2021 - 2022
Export Growth (CAGR) 11.3%Rnk 1474 / 4648
2022
Share of World Trade 0.011%Rnk 1256 / 4648

About

Overview This page contains the latest trade data of Belts and bandoliers of leather or composition leathe. In 2022, Belts and bandoliers of leather or composition leathe were the world's 1256th most traded product, with a total trade of $2.62B. Between 2021 and 2022 the exports of Belts and bandoliers of leather or composition leathe grew by 11.3%, from $2.35B to $2.62B. 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 2022 the top exporters of Belts and bandoliers of leather or composition leathe  were Italy ($695M), China ($466M), France ($376M), India ($151M), and Spain ($137M).

Imports In 2022 the top importers of Belts and bandoliers of leather or composition leathe were United States ($531M), China ($187M), France ($181M), Germany ($177M), and Hong Kong ($129M).

Ranking Belts and bandoliers of leather or composition leathe ranks 3116th 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 Trends

Latest Data

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Y-AXIS SCALE

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 (2022)Italy$695M
Top Destination (2022)United States$531M

In 2022 Belts and bandoliers of leather or composition leathe were the world's 1256th most traded product (out of 4,648).

In 2022, the top exporters of Belts and bandoliers of leather or composition leathe were Italy ($695M), China ($466M), France ($376M), India ($151M), and Spain ($137M).

In 2022, the top importers of Belts and bandoliers of leather or composition leathe were United States ($531M), China ($187M), France ($181M), Germany ($177M), and Hong Kong ($129M).

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Exporters of Belts and bandoliers of leather or composition leathe (2022)
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Importers of Belts and bandoliers of leather or composition leathe (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$104M
Top Destination Growth (2021 -  2022)Singapore$89.8M

Between 2021 and 2022, the exports of Belts and bandoliers of leather or composition leathe grew the fastest in China ($104M), Italy ($92.8M), India ($25.7M), Spain ($23.3M), and Cambodia ($10M).

Between 2021 and 2022, the fastest growing importers of Belts and bandoliers of leather or composition leathe were Singapore ($89.8M), Switzerland ($56.7M), United States ($27.9M), Malaysia ($20.3M), and South Korea ($19.6M).

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Exporters of Belts and bandoliers of leather or composition leathe (2021 - 2022)

Importers of Belts and bandoliers of leather or composition leathe (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.75. This means that most of the exports of Belts and bandoliers of leather or composition leathe are explained by 13 countries.

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

Net Trade

TOP NET EXPORTER (2022)Italy$590M
TOP NET IMPORTER (2022)United States$506M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Belts and bandoliers of leather or composition leathe were Italy ($590M), China ($278M), France ($194M), India ($140M), and Spain ($87.5M).

In 2022, 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 ($506M), Singapore ($113M), Hong Kong ($103M), Switzerland ($84M), and South Korea ($79.5M).

Net Trade (2022)

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 (2022)

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