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Tanning substances; synthetic organic or inorganic tanning substances; tanning preparations, whether or not containing natural tanning substances, enzymatic preparations for pre-tanning

3202 (Harmonized System 1992 for 4-digit)

2023
World Trade $570MRnk 1017 / 1217
2023
Top Exporter | Top Importer $105M | $89.7MItaly | China
2023
Product Complexity -0.13Rnk 614 / 1044
2022 - 2023
Export Growth (CAGR) -21.8%Rnk 1069 / 1217
2023
Share of World Trade 0.0025%Rnk 1017 / 1217

About

Overview This page contains the latest trade data of Synthetic Tanning Extracts. In 2023, Synthetic Tanning Extracts were the world's 1017th most traded product, with a total trade of $570M. Between 2022 and 2023 the exports of Synthetic Tanning Extracts decreased by -21.8%, from $729M to $570M. Trade in Synthetic Tanning Extracts represent 0.0025% of total world trade.

Synthetic Tanning Extracts are a part of Paints, dyes, & varnishes. They include Synthetic organic tanning substances and Inorganic Tanning & Pre-Tanning Preparations.

Exports In 2023 the top exporters of Synthetic Tanning Extracts  were Italy ($105M), Germany ($71.5M), Spain ($63.9M), France ($48.8M), and India ($48.1M).

Imports In 2023 the top importers of Synthetic Tanning Extracts were China ($89.7M), Italy ($48.4M), Brazil ($46.1M), Turkey ($23.9M), and Vietnam ($21.3M).

Ranking Synthetic Tanning Extracts ranks 614th in the Product Complexity Index (PCI).

Description Synthetic organic tanning substances are used for the production of leather goods. These substances can be found in products such as shoe polish, shoe creams, and leather cleaners. Inorganic tanning substances are used to produce leather goods. Tanning preparations are used to produce leather goods. Tanning preparations can be either natural or synthetic.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Synthetic Tanning Extracts. 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$105M
Top Destination (2023)China$89.7M

In 2023 Synthetic Tanning Extracts were the world's 1017th most traded product (out of 1,217).

In 2023, the top exporters of Synthetic Tanning Extracts were Italy ($105M), Germany ($71.5M), Spain ($63.9M), France ($48.8M), and India ($48.1M).

In 2023, the top importers of Synthetic Tanning Extracts were China ($89.7M), Italy ($48.4M), Brazil ($46.1M), Turkey ($23.9M), and Vietnam ($21.3M).

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Exporters of Synthetic Tanning Extracts (2023)
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Importers of Synthetic Tanning Extracts (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Mexico$2.51M
Top Destination Growth (2022 -  2023)Ukraine$1.1M

Between 2022 and 2023, the exports of Synthetic Tanning Extracts grew the fastest in Mexico ($2.51M), Bulgaria ($1.86M), United Arab Emirates ($1.06M), Sweden ($545k), and Czechia ($487k).

Between 2022 and 2023, the fastest growing importers of Synthetic Tanning Extracts were Ukraine ($1.1M), Brazil ($1.08M), United States ($877k), Ethiopia ($818k), and Ireland ($811k).

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Exporters of Synthetic Tanning Extracts (2022 - 2023)

Importers of Synthetic Tanning Extracts (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Synthetic Tanning Extracts.

In 2023, market concentration measured using Shannon Entropy, was 4. This means that most of the exports of Synthetic Tanning Extracts are explained by 15 countries.

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Value of Exports in Synthetic Tanning Extracts

Net Trade

TOP NET EXPORTER (2023)Germany$61.8M
TOP NET IMPORTER (2023)China$57.4M

This map shows which countries export or import more of Synthetic Tanning Extracts. Each country is colored based on the difference in exports and imports of Synthetic Tanning Extracts during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Synthetic Tanning Extracts were Germany ($61.8M), Italy ($56.3M), Spain ($47.5M), South Africa ($33.5M), and France ($33.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Synthetic Tanning Extracts were China ($57.4M), Brazil ($36.1M), Vietnam ($21M), Bangladesh ($16.7M), and Thailand ($14.8M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Synthetic Tanning Extracts, disaggragated by their HS6 level were Synthetic organic tanning substances ($313M) and Inorganic Tanning & Pre-Tanning Preparations ($257M)

HS6 Disaggregation for Synthetic Tanning Extracts (2023)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Synthetic Tanning Extracts.
It is possible to select the main countries that export or import Synthetic Tanning Extracts in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Synthetic Tanning Extracts by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $1.52M
TOP IMPORT POTENTIALFrance+ $1.13M

Synthetic Tanning Extracts’s highest export potential is China. With an export gap of $1.52M.  Synthetic Tanning Extracts’s highest import potential is France with an import gap of $1.13M.

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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)

Country by Relatedness

The following visualization shows the relatedness of Synthetic Tanning Extracts to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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