420231 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Articles for pocket or handbag, leather outer surface. In 2022, Articles for pocket or handbag, leather outer surface were the world's 961st most traded product, with a total trade of $3.83B. Between 2021 and 2022 the exports of Articles for pocket or handbag, leather outer surface grew by 0.38%, from $3.82B to $3.83B. Trade in Articles for pocket or handbag, leather outer surface represent 0.016% of total world trade.

Articles for pocket or handbag, leather outer surface are a part of Trunks and Cases.

Exports In 2022 the top exporters of Articles for pocket or handbag, leather outer surface  were Italy ($1.01B), France ($913M), China ($497M), India ($396M), and Spain ($140M).

Imports In 2022 the top importers of Articles for pocket or handbag, leather outer surface were United States ($553M), Japan ($473M), France ($284M), South Korea ($266M), and Singapore ($248M).

Ranking Articles for pocket or handbag, leather outer surface ranks 3777th in the Product Complexity Index (PCI).

Description Leather outer surface of a pocket or handbag is typically made from cowhide, but can also be made from other animal skin. Leather outer surface is smooth and durable and can be dyed any color. It is typically used for protection against wear and tear and to give the pocket a total look.

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Articles for pocket or handbag, leather outer surface. 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$1.01B
Top Destination (2022)United States$553M

In 2022 Articles for pocket or handbag, leather outer surface were the world's 961st most traded product (out of 4,648).

In 2022, the top exporters of Articles for pocket or handbag, leather outer surface were Italy ($1.01B), France ($913M), China ($497M), India ($396M), and Spain ($140M).

In 2022, the top importers of Articles for pocket or handbag, leather outer surface were United States ($553M), Japan ($473M), France ($284M), South Korea ($266M), and Singapore ($248M).

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Exporters of Articles for pocket or handbag, leather outer surface (2022)
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Importers of Articles for pocket or handbag, leather outer surface (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)India$50.4M
Top Destination Growth (2021 -  2022)United States$98.2M

Between 2021 and 2022, the exports of Articles for pocket or handbag, leather outer surface grew the fastest in India ($50.4M), Italy ($31.1M), Vietnam ($20.1M), Cambodia ($19M), and China ($17.2M).

Between 2021 and 2022, the fastest growing importers of Articles for pocket or handbag, leather outer surface were United States ($98.2M), Singapore ($64.5M), France ($30M), Spain ($15.3M), and Kuwait ($13M).

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Exporters of Articles for pocket or handbag, leather outer surface (2021 - 2022)

Importers of Articles for pocket or handbag, leather outer surface (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Articles for pocket or handbag, leather outer surface.

In 2022, market concentration measured using Shannon Entropy, was 3.47. This means that most of the exports of Articles for pocket or handbag, leather outer surface are explained by 11 countries.

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Value of Exports in Articles for pocket or handbag, leather outer surface

Net Trade

TOP NET EXPORTER (2022)Italy$784M
TOP NET IMPORTER (2022)United States$523M

This map shows which countries export or import more of Articles for pocket or handbag, leather outer surface. Each country is colored based on the difference in exports and imports of Articles for pocket or handbag, leather outer surface during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Articles for pocket or handbag, leather outer surface were Italy ($784M), France ($630M), China ($396M), India ($385M), and Vietnam ($93.7M).

In 2022, the countries that had a largest trade value in imports than in exports of Articles for pocket or handbag, leather outer surface were United States ($523M), Japan ($470M), South Korea ($260M), Singapore ($213M), and Hong Kong ($190M).

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 Articles for pocket or handbag, leather outer surface.
It is possible to select the main countries that export or import Articles for pocket or handbag, leather outer surface in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Articles for pocket or handbag, leather outer surface 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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