HS4 subsector corridor intelligence

Leather
top trade corridors

HS4 4114 - leading exporter-to-importer routes

Explore reported routes for this HS4 subsector, ranked by latest trade value and paired with growth, market share, access, tariff, and distance context.

HS4 41141995-2024Declining
The route picture at a glanceHS4 4114 - reported trade
01

Latest HS4 trade

$368.1MReported value
02

Corridors shown

25Leading routes by value
03

Leading route value

$21.2MLatest reported value
04

Leading route growth

+9%Calculated 3-year change
05

Latest reported year

20241995-2024 coverage

The HS4 corridor read

Italy to Tunisia leads the reported HS4 4114 routes.

The leading route recorded $21.2M in 2024, with +9% calculated three-year growth. Across the HS4 subsector, latest reported trade was $368.1M, with -4.2% calculated three-year growth. Read the HS4 overview ↗

Leading route$21.2M5.8% of latest HS4 trade

Top HS4 corridors

Where Leather trade moves

Observed exporter-to-importer relationships ranked by latest reported trade value. Growth, peak comparisons, and shares are calculated indicators; access fields provide context where available. Review data sources ↗

HS4 4114 exporter-to-importer relationshipsTop 25 by value

Scroll horizontally to compare all route fields.

RankExporterImporterLatest trade3-year CAGR5-year CAGR10-year CAGRMarket shareFTA / accessApplied tariffMFN tariffPreferential tariffTariff advantageDistanceHistorical peakLatest below peakYearsTrend
1ItalyITATunisiaTUN$21.2M+9%-1.4%+4.6%5.8%FTA reported0.3%0.3%Not reportedNot reported598 km$22.8M20196.8%30Growing
2ItalyITASpainESP$19.6M+3.8%-13.1%-10%5.3%FTA reported0%0%0%+0 pp1,366 km$59.1M201666.8%30Growing
3ItalyITARomaniaROU$18.2M-11.1%-7.1%-11.9%4.9%FTA reported0.1%0.1%0%+0.1 pp1,142 km$65.9M200772.4%30Rapid decline
4ItalyITAUSA, Puerto Rico and US Virgin IslandsUSA$13.6M-13.3%-7.9%-3.5%3.7%No FTA reported0%0%Not reportedNot reported6,907 km$20.9M202134.9%30Rapid decline
5ItalyITAPortugalPRT$13.5M-7.1%-9.2%-4.9%3.7%FTA reported0%0%0%+0 pp1,866 km$25.2M201846.3%30Declining
6ItalyITAViet NamVNM$13.4M+0.7%+1.2%-7.5%3.6%FTA reported0.2%0.2%Not reportedNot reported9,564 km$29.0M201453.9%29Stable
7ItalyITAChinaCHN$13.3M-19.7%-12.8%-10.5%3.6%No FTA reported0.3%0.3%Not reportedNot reported9,138 km$47.8M200872.2%30Rapid decline
8SpainESPGermanyDEU$12.9M+39%+39.1%+23.7%3.5%FTA reported0%0%0%+0 pp1,872 km$12.9M20240%30Rapid growth
9ItalyITAGermanyDEU$11.4M+17.9%-3.8%-9.2%3.1%FTA reported0%0%0%+0 pp1,184 km$29.9M201461.8%30Rapid growth
10ItalyITAAlbaniaALB$11.2M-1.4%-4%+3.5%3%FTA reported0.1%0.1%0%+0.1 pp615 km$17.0M201834.5%30Stable
11Republic of KoreaKORChinaCHN$10.9M+19.8%+31.6%-8.6%3%FTA reported0.3%0.3%0.1%+0.2 pp867 km$39.9M199672.7%30Rapid growth
12BrazilBRATunisiaTUN$10.5M+3.9%+11.5%+57.8%2.9%No FTA reported0.3%0.3%Not reportedNot reported8,951 km$10.5M20240%21Growing
13Republic of KoreaKORCambodiaKHM$9.0M+35.5%+37.4%+150.8%2.4%FTA reported0.2%0.2%0%+0.2 pp3,625 km$9.0M20240%21Rapid growth
14SpainESPPortugalPRT$7.6M+0.8%+0.8%-2.1%2.1%FTA reported0%0%0%+0 pp504 km$9.8M201622.6%30Stable
15ItalyITAFranceFRA$5.8M-10.5%-8.6%-14.5%1.6%FTA reported0%0%0%+0 pp1,106 km$45.7M199687.4%30Rapid decline
16ItalyITASerbiaSRB$5.6M-5.1%-7.1%+5.5%1.5%No FTA reported0%0.1%0%+0.1 pp724 km$10.1M201645%19Declining
17Republic of KoreaKORIndonesiaIDN$5.2M+7.7%+13.6%-5%1.4%FTA reported0.2%0.2%0.1%+0.1 pp5,278 km$44.7M199588.3%30Growing
18ItalyITAMexicoMEX$5.0M-18.2%-12.8%-12.1%1.4%FTA reported0.1%0.1%0%+0.1 pp10,257 km$19.2M201573.8%30Rapid decline
19Republic of KoreaKORBangladeshBGD$4.9M+40.5%+110.6%+21.1%1.3%No FTA reported0.7%0.7%0.1%+0.5 pp3,797 km$4.9M20240%30Rapid growth
20SpainESPMoroccoMAR$4.9M+1.9%-5.9%-0.2%1.3%FTA reported0.5%0.5%0%+0.5 pp833 km$8.4M201841.6%30Stable
21ChinaCHNIndonesiaIDN$4.4M+0.9%+17.9%+41.1%1.2%FTA reported0.2%0.2%0.1%+0.1 pp4,425 km$4.4M20240%30Stable
22ItalyITAIndiaIND$4.2M-16.8%-4.4%+4.8%1.1%No FTA reported0.5%0.5%Not reportedNot reported5,927 km$7.2M202142.3%30Rapid decline
23ItalyITASlovakiaSVK$4.1M-18.6%-10.6%-2.8%1.1%FTA reported0%0%0%+0 pp784 km$12.6M201767.3%30Rapid decline
24GermanyDEUPortugalPRT$4.0M+108.7%+32.6%+3.5%1.1%FTA reported0%0%0%+0 pp2,316 km$5.1M201621.8%30Rapid growth
25MexicoMEXUSA, Puerto Rico and US Virgin IslandsUSA$3.7M+0.3%+5.7%-2.2%1%FTA reported0%0%0%+0 pp3,359 km$12.9M200071.5%30Stable

Movement to watch

Growth leaders for HS4 4114

The strongest available three-year growth rates are starting points for research, not forecasts. Compare the calculated rate with each route's reported value, share, and trend. Read the methodology ↗

01Growth leader

Germany to Portugal

+108.7%calculated 3-year CAGR
$4.0M latest value1.1% market shareRapid growth
02Growth leader

Republic of Korea to Bangladesh

+40.5%calculated 3-year CAGR
$4.9M latest value1.3% market shareRapid growth
03Growth leader

Spain to Germany

+39%calculated 3-year CAGR
$12.9M latest value3.5% market shareRapid growth
04Growth leader

Republic of Korea to Cambodia

+35.5%calculated 3-year CAGR
$9.0M latest value2.4% market shareRapid growth
05Growth leader

Republic of Korea to China

+19.8%calculated 3-year CAGR
$10.9M latest value3% market shareRapid growth

Access and tariff context

Compare route access without over-reading one indicator

FTA status, applied tariffs, tariff advantage, and distance are supporting route context. Group averages are calculated from displayed routes and are not tariff recommendations. Check data coverage ↗

FTA reported$186.0M

19 displayed routes with average calculated growth of +9.4%.

Average applied tariff
0.1%
Average tariff advantage
+0.1 pp
No FTA reported$52.0M

6 displayed routes with average calculated growth of -1.7%.

Average applied tariff
0.3%
Average tariff advantage
+0.3 pp
Lowest reported applied tariffFTA reported

Italy to Spain

0%

Routes with an available applied tariff. Latest route value: $19.6M.

Applied 0%Advantage +0 pp1,366 km
Largest reported tariff advantageNo FTA reported

Republic of Korea to Bangladesh

+0.5 pp

Routes with an available tariff advantage. Latest route value: $4.9M.

Applied 0.7%Advantage +0.5 pp3,797 km

HS4 indicators

Scale, momentum, and structure in one view

These cards pair reported trade observations with calculated indicators from the available HS4 history. See indicator definitions ↗

Displayed route value$238.0M

Combined reported value across the 25 routes shown.

HS4 3-year CAGR-4.2%

Calculated annualized change in reported HS4 trade.

Exporter / importer HHI3,012.8 / 682.9

Calculated concentration indicators; higher values mean a more concentrated mix.

Trade volatility0.2

Calculated variation in annual reported HS4 trade.

Trend and peakDeclining

Historical peak: $850.7M in 2014. Latest below peak: 56.7%.

Coverage and breadth1995-2024

30 observed years; 1,467 active corridors, 101 exporters, 156 importers, and 2 HS6 products.

How to read this view

Keep reported scale separate from calculated movement.

Latest trade values describe reported merchandise trade for HS4 4114. Growth, market share, HHI, volatility, and peak comparisons are calculated indicators over the stated coverage period.

FTA status, tariffs, and distance add route context where available. A missing value stays unavailable; it is not treated as zero or a forecast.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-28). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.