The high demand for this product is mainly due to its divergent nature including its durability, versatility, and sustainability which make the manufactured products long-lasting. The rapidly evolving rate of demand has led to an import trade value of 120 billion US dollars in 2023 followed by the import value of 2022 and 2021 worth 87 billion US dollars and 71 billion US dollars. The top importers supporting the import trade of leather in 2023 are (China – 100 billion US dollars), (United States – 70 billion US dollars), (Italy – 60 billion US dollars), (Germany – 40 billion US dollars), (Japan – 35 billion US dollars).

Due to the increasing demand for leather and its manufactured products in the industries, different traders across the world have started investing in its global import and export. The increased focus of traders has led to an export value of 400 billion US dollars in 2023 followed by the export value of 2022 and 2021 worth 300 billion US dollars and 278 billion US dollars. The top exporters supporting the global export of leathers in 2023 are (China – 200 billion US dollars), (Italy – 150 billion US dollars), (India – 100 billion US dollars), (Brazil – 80 billion US dollars), (Vietnam – 60 billion US dollars).

Top Importers of Leather in 2023

The importance of leather in the manufacturing industry has led different traders to include this in their traded products list. As per the Global Leather Import Data, the top 10 global importers of the product in 2023 with its trade values are discussed below,

- China – According to the China Customs Data, the valuation of leather imports in China in 2023 is 100 billion US dollars.

- United States – According to the USA Customs Data, the valuation of leather imports in the United States in 2023 is 70 billion US dollars.

- Italy – According to the Italy Customs Data, the valuation of leather imports in Italy in 2023 is 60 billion US dollars.

-Germany – According to the Germany Customs Data, the valuation of leather imports in Germany in 2023 is 40 billion US dollars.

- Japan – According to the Japan Customs Data, the valuation of leather imports in Japan in 2023 is 35 billion US dollars.

- France – According to the France Customs Data, the valuation of leather imports in France in 2023 is 20 billion US dollars.

- South Korea – According to the South Korean Customs Data, the valuation of leather imports in South Korea in 2023 is 18 billion US dollars.

- United Kingdom – According to the United Kingdom Customs Data, the valuation of leather imports in the United Kingdom in 2023 is 10 billion US dollars.

- Spain – According to the Spain Customs Data, the valuation of leather imports in Spain in 2023 is 8 billion US dollars.

-Netherlands – According to the Netherlands Customs Data, the valuation of leather imports in the Netherlands in 2023 is 6 billion US dollars.

Top Exporters of Leather in 2023

The leading demands have led to a rise of exports from the top traders across the world accounting for a suitable revenue generation. According to the Global Leather Export Data, the top 10 global exporters in 2023 with their trade values are discussed below,

- China – As per the China Export Data, the valuation of leather exports from China in 2023 is 200 billion US dollars.

- Italy – As per the Italy Export Data, the valuation of leather exports from Italy in 2023 is 150 billion US dollars.

- India – As per the India Export Data, the valuation of leather exports from India in 2023 is 100 billion US dollars.

- Brazil – As per the Brazil Export Data, the valuation of leather exports from Brazil in 2023 is 80 billion US dollars.

- Vietnam – As per the Vietnam Export Data, the valuation of leather exports from Vietnam in 2023 is 60 billion US dollars.

- Germany – As per the Germany Export Data, the valuation of leather exports from Germany in 2023 is 50 billion US dollars.

- Thailand – As per the Thailand Export Data, the valuation of leather exports from Thailand in 2023 is 40 billion US dollars.

- Argentina – As per the Argentina Export Data, the valuation of leather exports from Argentina in 2023 is 30 billion US dollars.

- Indonesia – As per the Indonesia Export Data, the valuation of leather exports from Indonesia in 2023 is 10 billion US dollars.

- Netherlands – As per the Netherlands Export Data, the valuation of leather exports from the Netherlands in 2023 is 8 billion US dollars.

Top 10 Leading Producers of Leather in 2023

The Global Leather Customs Shipment Data enlists the below-mentioned companies as the top 10 producers of leather in 2023, the trade values of the leading producers are discussed below,

- LVMH Moët Hennessy Louis Vuitton SE – The valuation of leather production from LVMH Moët Hennessy Louis Vuitton SE in 2023 – 265 billion US dollars

- Kering SA – The valuation of leather production from Kering SA in 2023 – 170 billion US dollars

- Tapestry Inc – The valuation of leather production from Tapestry Inc in 2023 – 65 billion US dollars

- Hermès International S.A – The valuation of leather production from Hermès International S.A in 2023 – 50 billion US dollars

- Prada S.p.A – The valuation of leather production from Prada S.p.In 2023 – 40 billion US dollars

- Salvatore Ferragamo S.p.A – The valuation of leather production from Salvatore Ferragamo S.p. In 2023 – 30 billion US dollars

- Capri Holdings Limited – The valuation of leather production from Capri Holdings Limited in 2023 – 20 billion US dollars

- Richemont SA – The valuation of leather production from Richemont SA in 2023 – 10 billion US dollars

- Chow Tai Fook Jewellery Group Ltd – The valuation of leather production from Chow Tai Fook Jewellery Group Ltd in 2023 – 8 billion US dollars

- Lederleitner GmbH & Co KG – The valuation of leather production from Lederleitner GmbH & Co KG in 2023 – 7 billion US dollars

FAQ’s

Que. What is the import trade value of leather in 2023?
Ans. The import trade value of leather in 2023 is 120 billion US dollars.

Que. Who is the top producer of leather in 2023?
Ans. LVMH Moët Hennessy Louis Vuitton SE is the top producer of leather in 2023.

Que. Where can you get the detailed trade analysis of leather imports and exports in 2023?
Ans. At Import Globals, you can get a detailed trade analysis of leather imports and exports in 2023.

www.importglobals.com ; info@importglobals.com