Rubber Footwear in Brazil | The Observatory of Economic Complexity

About

Exports In 2022, Brazil exported $561M in Rubber Footwear, making it the 12th largest exporter of Rubber Footwear in the world. At the same year, Rubber Footwear was the 58th most exported product in Brazil. The main destination of Rubber Footwear exports from Brazil are: Argentina ($72M), United States ($60.2M), Peru ($34.3M), Ecuador ($32.6M), and Paraguay ($29.2M).

The fastest growing export markets for Rubber Footwear of Brazil between 2021 and 2022 were Argentina ($26.8M), Ecuador ($15.1M), and United States ($14.6M).

Imports In 2022, Brazil imported $71.5M in Rubber Footwear, becoming the 80th largest importer of Rubber Footwear in the world. At the same year, Rubber Footwear was the 385th most imported product in Brazil. Brazil imports Rubber Footwear primarily from: Vietnam ($29.6M), Indonesia ($11.6M), China ($10.7M), Italy ($3.91M), and Cambodia ($2.28M).

The fastest growing import markets in Rubber Footwear for Brazil between 2021 and 2022 were Vietnam ($9.24M), Indonesia ($6.02M), and Italy ($1.58M).

COMPANIES In 2023, leading companies such as STEVE MADDEN LTD. (200), ADIDAS INTERNATIONAL TRADING AG (130), and ASOS (14) were at the forefront of shipping Rubber Footwear from Brazil to the United States.

Latest Trends

February 2024

About

Overview In February 2024 Brazil's Rubber Footwear exports accounted up to $36.7M and imports accounted up to $10.9M, resulting in a positive trade balance of $25.8M. Between February 2023 and February 2024 the exports of Brazil's Rubber Footwear have decreased by $-15.8M (-30.1%) from $52.6M to $36.7M, while imports increased by $4.79M (78.8%) from $6.08M to $10.9M.

Destinations In February 2024, Rubber Footwear were exported mostly to Argentina ($4.94M), Mexico ($2.79M), United States ($2.39M), Spain ($2.38M), and Italy ($2.15M), and were imported mostly from Vietnam ($4.78M), Indonesia ($2.68M), China ($947k), Italy ($894k), and Burma ($310k).

Growth In February 2024, the decrease in Rubber Footwear's year-by-year exports was explained primarily by a decrease in exports to United States ($-2.92M or -43.7%), Israel ($-1.29M or -55.7%), and Germany ($-1.1M or -56.1%). In February 2024, the increase in Rubber Footwear's year-by-year imports was explained primarily by an increase in imports from Vietnam ($2.53M or 193%), Indonesia ($905k or 119%), and India ($585k or 310%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$-15.8M(-30.1%)

IMPORT GROWTH (February 2023 - February 2024)$4.79M(78.8%)

MAIN EXPORTER (February 2024)Rio Grande Do Sul$16.3M

MAIN DESTINATION (February 2024)Argentina$4.94M

This section shows Rubber Footwear's exports and imports data at subnational level for Brazil. 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 Rubber Footwear over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$561M

IMPORTS (2022)$71.5M

NET TRADE (2022)$489M

In 2022, Brazil exported $561M in Rubber Footwear. The main destinations of Brazil exports on Rubber Footwear were Argentina ($72M), United States ($60.2M), Peru ($34.3M), Ecuador ($32.6M), and Paraguay ($29.2M).

In 2022, Brazil imported $71.5M in Rubber Footwear, mainly from Vietnam ($29.6M), Indonesia ($11.6M), China ($10.7M), Italy ($3.91M), and Cambodia ($2.28M).

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