Key Market Indicators
Aruban leather goods exports fell 34.7% in 2021 to around $5 million, compared to $7.2 million the year before. This decline is even more dramatic when viewed over the long-term, as exports are down 31.5% since 2010. Meanwhile, imports of leather goods are set to decline 1.9% annually over the next five years, reaching $659 million by 2026. Despite this decline, imports have risen 1.3% since 2010. Aruba ranks 112th in terms of imports, with Zimbabwe coming in first at $737 million. Germany, France and Italy come in second, third and fourth respectively.
