# HS 420221 Handbags (Whether Or Not With Should global trade...

Reported global trade in handbags (whether or not with shoulder strap and including those without handle), with outer surface of leather, of composition leather or of patent leather reached $17.6B in 2024, with five-year annual growth of +2.5%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $10.8B | +14.5% | +21.2% |
| 2014 | $12.1B | +12.2% | +12.1% |
| 2015 | $11.9B | -2.2% | +7.9% |
| 2016 | $11.7B | -1.4% | +2.7% |
| 2017 | $12.8B | +9% | +1.7% |
| 2018 | $14.3B | +11.9% | +6.3% |
| 2019 | $15.6B | +9.1% | +10% |
| 2020 | $13.0B | -16.4% | +0.7% |
| 2021 | $16.7B | +28.1% | +5.3% |
| 2022 | $18.5B | +10.5% | +5.8% |
| 2023 | $19.2B | +3.9% | +13.7% |
| 2024 | $17.6B | -8% | +1.8% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| USA | $2.5B | +4.3% | 130 |
| China | $2.0B | +8.2% | 95 |
| France | $1.4B | +3.1% | 127 |
| Japan | $1.1B | +10.2% | 68 |
| Republic of Korea | $1.1B | +4.9% | 96 |
| Italy | $997.0M | -0.5% | 105 |
| China, Hong Kong Special Administrative Region | $776.4M | +0.4% | 73 |
| China, Macao SAR | $656.2M | +11% | 64 |
| Germany | $653.1M | +0.3% | 113 |
| United Kingdom | $626.9M | -5.3% | 96 |
| Singapore | $575.1M | +0.7% | 90 |
| United Arab Emirates | $506.0M | +17.9% | 114 |

_Source: reported merchandise trade data. Updated 2026-08-14._