Footwear in Portugal | The Observatory of Economic Complexity

About

Exports In 2022, Portugal exported $2.24B in Footwear, making it the 13th largest exporter of Footwear in the world. At the same year, Footwear was the 11th most exported product in Portugal. The main destination of Footwear exports from Portugal are: Germany ($480M), France ($385M), Netherlands ($323M), Spain ($150M), and United Kingdom ($146M).

The fastest growing export markets for Footwear of Portugal between 2021 and 2022 were United States ($33.9M), United Kingdom ($27M), and Netherlands ($26.7M).

Imports In 2022, Portugal imported $1B in Footwear, becoming the 39th largest importer of Footwear in the world. At the same year, Footwear was the 23rd most imported product in Portugal. Portugal imports Footwear primarily from: Spain ($302M), Germany ($107M), Italy ($94.2M), China ($92M), and France ($82.8M).

The fastest growing import markets in Footwear for Portugal between 2021 and 2022 were Spain ($56.1M), Belgium ($27.3M), and China ($23M).

COMPANIES In 2023, leading companies such as ROBERT BOSCH TOOL CORPORATION (3.02k), ROBERT BOSCH LLC (510), and PVH CORP. (190) were at the forefront of shipping Footwear from Portugal to the United States.

Latest Trends

January 2024

About

Overview In January 2024 Portugal's Footwear exports accounted up to €156M and imports accounted up to €75.3M, resulting in a positive trade balance of €80.6M. Between January 2023 and January 2024 the exports of Portugal's Footwear have decreased by €-24.3M (-13.5%) from €180M to €156M, while imports decreased by €-4.83M (-6.03%) from €80.1M to €75.3M.

Destinations In January 2024, Footwear were exported mostly to Germany (€39.3M), France (€32M), Netherlands (€20.6M), Spain (€12.3M), and United Kingdom (€8.95M), and were imported mostly from Spain (€23M), Germany (€9.94M), Italy (€7.2M), Belgium (€7.2M), and China (€7.03M).

Growth In January 2024, the decrease in Footwear's year-by-year exports was explained primarily by a decrease in exports to China (€-729k or -45.2%), Russia (€-447k or -78%), and Japan (€-404k or -45.1%). In January 2024, the decrease in Footwear's year-by-year imports was explained primarily by a decrease in imports from Czechia (€-1.14M or -97%), Brazil (€-937k or -47.4%), and Vietnam (€-418k or -31.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€-24.3M(-13.5%)

IMPORT GROWTH (January 2023 - January 2024)€-4.83M(-6.03%)

MAIN DESTINATION (January 2024)Germany€39.3M

This section shows Footwear's exports and imports data at subnational level for Portugal. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Footwear over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$2.24B

IMPORTS (2022)$1B

NET TRADE (2022)$1.24B

In 2022, Portugal exported $2.24B in Footwear. The main destinations of Portugal exports on Footwear were Germany ($480M), France ($385M), Netherlands ($323M), Spain ($150M), and United Kingdom ($146M).

In 2022, Portugal imported $1B in Footwear, mainly from Spain ($302M), Germany ($107M), Italy ($94.2M), China ($92M), and France ($82.8M).

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