# India HS 420231 exports | Yugalinks

Explore reported HS 420231 exports from India: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | India |
| HS6 | 420231 |
| Latest exports | $323.4M |
| Active destinations | 162 |
| Three-year growth | -1.6% |
| Destination HHI | 1,463 |
| Weighted share | 21% |

## Destination markets

- USA, Puerto Rico and US Virgin Islands: $104.6M; share 24.3%; growth -2.6%
- Germany: $48.9M; share 30.2%; growth -4.2%
- Italy: $25.0M; share 15.2%; growth +4.1%
- United Kingdom: $21.6M; share 23.7%; growth -1.5%
- Spain: $14.6M; share 25.4%; growth +16.3%
- Netherlands: $11.0M; share 22.5%; growth +2%
- Japan: $10.1M; share 1.8%; growth -1.6%
- Australia: $8.8M; share 18.1%; growth -4.4%
- Canada: $8.4M; share 16.3%; growth +1.3%
- Poland: $7.7M; share 20.5%; growth -3.1%
- Mexico: $7.7M; share 19.2%; growth +48.6%
- France: $7.6M; share 3%; growth -3.8%
- United Arab Emirates: $7.0M; share 10.1%; growth -23.2%

## Price intelligence

- Highest reported market price: Ecuador at $33.0M / ton.
- Lowest reported market price: Liberia at $94.0 / ton.
- Median reported price: $86.2K / ton.
- Price spread: 38,220%.

## Export history

- 2010: $264.4M
- 2011: $354.6M
- 2012: $376.5M
- 2013: $458.9M
- 2014: $465.6M
- 2015: $462.3M
- 2016: $440.2M
- 2017: $432.4M
- 2018: $447.9M
- 2019: $437.9M
- 2020: $269.3M
- 2021: $339.5M
- 2022: $387.6M
- 2023: $335.6M
- 2024: $323.3M

## Methods

Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.

Missing values are shown as Not reported and are not imputed.

## Complete structured values

```json
{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/ind/420231",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/420231",
    "exporter": "https://www.yugalinks.com/trade/exporter/ind/420231",
    "methodology": "https://www.yugalinks.com/methodology"
  },
  "methodology": {
    "summary": "Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.",
    "reportedValues": "Merchandise trade observations for an exporter, HS6 product, destination market, and available year.",
    "destinations": "Destination rows are ranked by latest observed exporter-lane value.",
    "prices": "Unit values are reported trade value divided by reported quantity where quantity is positive.",
    "missingData": "Missing values are shown as Not reported and are not imputed."
  },
  "exporter": {
    "hs_code": "420231",
    "exporter_iso3": "IND",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 196,
    "current_lane_count": 162,
    "active_market_count": 162,
    "exports_latest_observed_lanes_usd": 323351093.960172,
    "exports_current_2024_usd": 323301776.23045844,
    "exports_avg_3y_usd": 348829627.3061139,
    "exports_avg_5y_usd": 331052537.7992036,
    "exports_avg_10y_usd": 387597655.7664841,
    "exports_cagr_3y_pct": -1.6173480301762244,
    "exports_cagr_5y_pct": -5.888978672150769,
    "exports_cagr_10y_pct": -3.581979783591116,
    "exports_all_year_lane_avg_usd": 286288840.66856885,
    "exports_historical_lane_peak_usd": 565276973.7441097,
    "historical_peak_year": 2014,
    "positive_growth_year_share_pct": 62.06896551724138,
    "trend_acceleration_pct": 1.9646317534148916,
    "trend_label": "Stable",
    "top_market_iso3": "USA",
    "top_market_exports_usd": 104573556.95249286,
    "top_market_share_pct": 32.34056074211812,
    "destination_hhi": 1462.6037466238004,
    "weighted_share_latest_pct": 20.98012621628665,
    "weighted_share_change_1y_pp": 1.1223781145145613,
    "weighted_volatility_cv": 0.5019145203618225,
    "weighted_max_drawdown_pct": 51.17666857289875,
    "limited_history_lane_share_pct": 7.653061224489796,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:58",
    "source": "api",
    "product": {
      "hs_code": 420231,
      "hs_description": "Cases and containers: of a kind normally carried in the pocket or in the handbag, with outer surface of leather or of composition leather",
      "hs_chapter": 42,
      "hs_heading": 4202,
      "substitution_elasticity": -2.5761824,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Cases and containers: of a kind normally carried in the pocket or in the handbag, with outer surface of leather or of composition leather",
    "hs_chapter": 42,
    "hs_heading": 4202,
    "destinations": [
      {
        "hs_code": 420231,
        "corridor_rank": 5,
        "exporter_iso3": "IND",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 104573556.95249286,
        "exports_all_year_avg_usd": 73772930.43359588,
        "exports_avg_3y_usd": 105547763.87487571,
        "exports_avg_5y_usd": 99249025.00392655,
        "exports_avg_10y_usd": 106982338.04595585,
        "exports_cagr_3y_pct": -2.570093795807904,
        "exports_cagr_5y_pct": -0.426510462673646,
        "exports_cagr_10y_pct": -0.07863792106989065,
        "exports_historical_peak_usd": 122272066.47035927,
        "buyer_imports_latest_observed_usd": 429952945.7118652,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 58.62068965517241,
        "trend_acceleration_pct": -2.4914558747380133,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": 2.2475,
        "buyer_yoy_all_avg_pct": 3.5723,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 24.322093381486752,
        "market_share_change_1y_pp": 2.967232939656647,
        "peer_best_share_pct": 24.322093381486745,
        "peer_top_exporter": "IND",
        "supplier_count_latest": 103,
        "buyer_market_hhi": 1523.64,
        "distance_km": 11761.806640625,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.023682824094060608,
        "tariff_advantage_pp": 0.037034158968565656,
        "volatility_cv": 0.4178449698477794,
        "max_drawdown_pct": 45.0510367373871,
        "attention_level": "Watch",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "['long_distance_without_fta']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 420231,
        "corridor_rank": 12,
        "exporter_iso3": "IND",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 48875348.21224722,
        "exports_all_year_avg_usd": 52429613.52923096,
        "exports_avg_3y_usd": 55070832.80762229,
        "exports_avg_5y_usd": 54372908.52857281,
        "exports_avg_10y_usd": 63357037.524266824,
        "exports_cagr_3y_pct": -4.240505677701223,
        "exports_cagr_5y_pct": -5.800858236557227,
        "exports_cagr_10y_pct": -4.7940906907327,
        "exports_historical_peak_usd": 79882346.08515841,
        "buyer_imports_latest_observed_usd": 161989306.64109707,
        "historical_peak_year": 2014,
        "positive_growth_year_share_pct": 58.62068965517241,
        "trend_acceleration_pct": 0.5535850130314772,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": -14.9718,
        "buyer_yoy_all_avg_pct": 2.3389,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 30.171959634678398,
        "market_share_change_1y_pp": 0.569878599432208,
        "peer_best_share_pct": 30.171959634678398,
        "peer_top_exporter": "IND",
        "supplier_count_latest": 105,
        "buyer_market_hhi": 1777.59,
        "distance_km": 6229.63671875,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.018971697826111113,
        "tariff_advantage_pp": 0.042308889512955236,
        "volatility_cv": 0.28584012476677945,
        "max_drawdown_pct": 38.81583277468621,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 420231,
        "corridor_rank": 29,
        "exporter_iso3": "IND",
        "importer_iso3": "ITA",
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        "lane_data_years": 30,
        "exports_latest_observed_usd": 25042794.288244724,
        "exports_all_year_avg_usd": 14204687.585397596,
        "exports_avg_3y_usd": 27413507.09037147,
        "exports_avg_5y_usd": 24111164.82175752,
        "exports_avg_10y_usd": 25782808.911458503,
        "exports_cagr_3y_pct": 4.141321943834475,
        "exports_cagr_5y_pct": -1.8286044559846282,
        "exports_cagr_10y_pct": -0.3491028734731949,
        "exports_historical_peak_usd": 29501108.816492334,
        "buyer_imports_latest_observed_usd": 165151596.89872497,
        "historical_peak_year": 2018,
        "positive_growth_year_share_pct": 75.86206896551724,
        "trend_acceleration_pct": 4.4904248173076695,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": -25.8322,
        "buyer_yoy_all_avg_pct": 8.0287,
        "buyer_trend_consistency_pct": 68.9655,
        "market_share_latest_pct": 15.16351931104946,
        "market_share_change_1y_pp": 2.230509929549637,
        "peer_best_share_pct": 26.348557644392915,
        "peer_top_exporter": "FRA",
        "supplier_count_latest": 86,
        "buyer_market_hhi": 1215.56,
        "distance_km": 5922.22216796875,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.019243141578797984,
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        "volatility_cv": 0.7221122813160042,
        "max_drawdown_pct": 45.28049456879483,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
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      {
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        "importer_iso3": "GBR",
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        "exports_avg_3y_usd": 23535046.686343726,
        "exports_avg_5y_usd": 22616392.72399676,
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        "exports_cagr_3y_pct": -1.5453543002718506,
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        "buyer_market_hhi": 1804.76,
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        "applied_tariff_pct": null,
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        "volatility_cv": 0.38529746343280374,
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        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
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        "exporter_iso3": "IND",
        "importer_iso3": "ESP",
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        "exports_avg_3y_usd": 15914524.508573009,
        "exports_avg_5y_usd": 13289309.68823387,
        "exports_avg_10y_usd": 16499903.27105146,
        "exports_cagr_3y_pct": 16.28722650822887,
        "exports_cagr_5y_pct": -5.587069774211917,
        "exports_cagr_10y_pct": -4.7322358846223604,
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        "historical_peak_year": 2011,
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        "buyer_yoy_all_avg_pct": 10.3265,
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        "market_share_change_1y_pp": -3.1160718092793616,
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        "peer_top_exporter": "ITA",
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        "buyer_market_hhi": 1908.7,
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        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Growing",
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        "importer_iso3": "NLD",
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        "exports_avg_3y_usd": 11467534.180556959,
        "exports_avg_5y_usd": 11181505.790896066,
        "exports_avg_10y_usd": 12197941.93016907,
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        "buyer_market_hhi": 1337.36,
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        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
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        "corridor_rank": 57,
        "exporter_iso3": "IND",
        "importer_iso3": "JPN",
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        "exports_all_year_avg_usd": 5923880.706156163,
        "exports_avg_3y_usd": 11042419.172099551,
        "exports_avg_5y_usd": 10493434.970182369,
        "exports_avg_10y_usd": 11659348.531174684,
        "exports_cagr_3y_pct": -1.5931703538049846,
        "exports_cagr_5y_pct": -2.434606445036769,
        "exports_cagr_10y_pct": -1.79970454962054,
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        "buyer_yoy_all_avg_pct": 2.4407,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 1.8238336988357875,
        "market_share_change_1y_pp": -0.13519183707002225,
        "peer_best_share_pct": 34.27993560453016,
        "peer_top_exporter": "ITA",
        "supplier_count_latest": 63,
        "buyer_market_hhi": 2170.52,
        "distance_km": 5847.71044921875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.018917854050022623,
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        "volatility_cv": 0.8721248382244177,
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        "attention_level": "Watch",
        "primary_risk_reason": "The buyer macroeconomic trend has weakened",
        "risk_driver_labels": "['buyer_macro_weakness']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 420231,
        "corridor_rank": 65,
        "exporter_iso3": "IND",
        "importer_iso3": "AUS",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 8845329.605283977,
        "exports_all_year_avg_usd": 6970663.434901135,
        "exports_avg_3y_usd": 9951381.088730173,
        "exports_avg_5y_usd": 9931258.321882784,
        "exports_avg_10y_usd": 11484068.341948254,
        "exports_cagr_3y_pct": -4.354109517682836,
        "exports_cagr_5y_pct": -8.207712060441995,
        "exports_cagr_10y_pct": -2.2655656140780356,
        "exports_historical_peak_usd": 14264712.369511636,
        "buyer_imports_latest_observed_usd": 48921446.81800865,
        "historical_peak_year": 2018,
        "positive_growth_year_share_pct": 65.51724137931035,
        "trend_acceleration_pct": -2.088543903604801,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": -15.7044,
        "buyer_yoy_all_avg_pct": 3.2475,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 18.080678681048106,
        "market_share_change_1y_pp": 0.9875272940810333,
        "peer_best_share_pct": 28.08694578291928,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 61,
        "buyer_market_hhi": 1870.31,
        "distance_km": 10435.1044921875,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.06141381561414142,
        "tariff_advantage_pp": -0.02989581553939394,
        "volatility_cv": 0.557150917854603,
        "max_drawdown_pct": 38.061220599058124,
        "attention_level": "Watch",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "['long_distance_without_fta']",
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      "has_reported_fta": 0,
      "applied_tariff_pct": 0.05214629114545451,
      "tariff_advantage_pp": null,
      "volatility_cv": 0.856739957885937,
      "max_drawdown_pct": 82.78123345160733,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "IND",
    "hs_code": 420231,
    "num_markets": 185,
    "highest_price_importer_iso3": "ECU",
    "highest_price_usd_per_ton": 32956000,
    "lowest_price_importer_iso3": "LBR",
    "lowest_price_usd_per_ton": 94,
    "median_price_across_markets": 86226.93821666951,
    "price_spread_pct": 38219.96545579409,
    "avg_quantity_metric_tons": 34.44835019455256,
    "total_trade_value_usd": 1992706086
  },
  "history": [
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      "year": 2010,
      "export_value_usd": 264399914.20324266,
      "active_destinations": 152,
      "yoy_growth_pct": 4.419165778748911
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      "yoy_growth_pct": 34.12574192923044
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      "yoy_growth_pct": 6.153636675669275
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      "year": 2013,
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      "yoy_growth_pct": 21.906271683684885
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      "year": 2014,
      "export_value_usd": 465613960.628545,
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      "yoy_growth_pct": 1.4592435156234282
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    {
      "year": 2015,
      "export_value_usd": 462250762.0027522,
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      "yoy_growth_pct": -0.7223148166031637
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    {
      "year": 2016,
      "export_value_usd": 440194992.4651293,
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      "yoy_growth_pct": -4.771386301682624
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    {
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      "yoy_growth_pct": -1.7610638816259656
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    {
      "year": 2018,
      "export_value_usd": 447894268.07350266,
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      "yoy_growth_pct": 3.573047779333634
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    {
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    {
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      "export_value_usd": 269263850.2259021,
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      "yoy_growth_pct": -38.5145446471948
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    {
      "year": 2021,
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    {
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  "economy": {
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    "gdp_million_usd": 3909891.5338580837,
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    "secondary_education_pct": 63.75,
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    "num_active_partners": 270,
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    "avg_buyer_biz_entry_days": null,
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    "pct_partners_with_fta": 8.518518518518519,
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    "tariff_advantage_pp": 0.07519146703774765,
    "avg_distance_all_partners_km": 7969.760429150705,
    "num_border_partners": 186,
    "num_colonial_partners": 30,
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    "pct_products_high_elasticity": 75.95260223048327,
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    "real_market_potential": 262040.05532200352,
    "foreign_market_potential": 21532.526735863987
  }
}
```
