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Pricing

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)

2022
World Trade $675MRnk 1008 / 1218
2022
Top Exporter | Top Importer $123M | $86.5MItaly | China
2022
Product Complexity -0.15Rnk 605 / 1033
2021 - 2022
Export Growth (CAGR) 4.37%Rnk 640 / 1218
2022
Share of World Trade 0.0028%Rnk 1008 / 1218

About

Overview This page contains the latest trade data of Synthetic Tanning Extracts. In 2022, Synthetic Tanning Extracts were the world's 1008th most traded product, with a total trade of $675M. Between 2021 and 2022 the exports of Synthetic Tanning Extracts grew by 4.37%, from $646M to $675M. Trade in Synthetic Tanning Extracts represent 0.0028% of total world trade.

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

Exports In 2022 the top exporters of Synthetic Tanning Extracts  were Italy ($123M), Germany ($86.6M), Spain ($66.2M), France ($63.3M), and South Africa ($58.1M).

Imports In 2022 the top importers of Synthetic Tanning Extracts were China ($86.5M), Italy ($56.3M), Brazil ($42.3M), Mexico ($39.5M), and Turkey ($29.7M).

Ranking Synthetic Tanning Extracts ranks 605th 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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Y-AXIS SCALE

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 (2022)Italy$123M
Top Destination (2022)China$86.5M

In 2022 Synthetic Tanning Extracts were the world's 1008th most traded product (out of 1,218).

In 2022, the top exporters of Synthetic Tanning Extracts were Italy ($123M), Germany ($86.6M), Spain ($66.2M), France ($63.3M), and South Africa ($58.1M).

In 2022, the top importers of Synthetic Tanning Extracts were China ($86.5M), Italy ($56.3M), Brazil ($42.3M), Mexico ($39.5M), and Turkey ($29.7M).

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Exporters of Synthetic Tanning Extracts (2022)
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Importers of Synthetic Tanning Extracts (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)South Africa$24M
Top Destination Growth (2021 -  2022)Italy$16.4M

Between 2021 and 2022, the exports of Synthetic Tanning Extracts grew the fastest in South Africa ($24M), United States ($14.4M), Turkey ($7.55M), Spain ($6.15M), and Thailand ($4.14M).

Between 2021 and 2022, the fastest growing importers of Synthetic Tanning Extracts were Italy ($16.4M), Mexico ($16.2M), Turkey ($8.21M), France ($5.8M), and Sweden ($4.64M).

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Exporters of Synthetic Tanning Extracts (2021 - 2022)

Importers of Synthetic Tanning Extracts (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4. This means that most of the exports of Synthetic Tanning Extracts are explained by 16 countries.

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Value of Exports in Synthetic Tanning Extracts

Net Trade

TOP NET EXPORTER (2022)Germany$73.3M
TOP NET IMPORTER (2022)China$50.2M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Synthetic Tanning Extracts were Germany ($73.3M), Italy ($67.2M), Spain ($51.5M), South Africa ($48.9M), and France ($47M).

In 2022, the countries that had a largest trade value in imports than in exports of Synthetic Tanning Extracts were China ($50.2M), Mexico ($36.2M), Brazil ($30.7M), Vietnam ($23.7M), and South Korea ($20.5M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Synthetic Tanning Extracts, disaggragated by their HS6 level were Synthetic organic tanning substances ($349M) and Inorganic tanning and pre-tanning preparations ($326M)

HS6 Disaggregation for Synthetic Tanning Extracts (2022)
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Country Comparison

Flow
Measure
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

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)

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 (2022)

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