2022
Exports
$811MWorld Rnk 3 / 167
Flag Rnk 171 / 1217
2022
PRODUCT COMPLEXITY IN Footwear Parts
-0.62Rnk 735 / 1025
2022
Imports
$1.24BWorld Rnk 2 / 207
Flag Rnk 106 / 1215
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $811M in Footwear Parts, making it the 3rd largest exporter of Footwear Parts in the world. At the same year, Footwear Parts was the 171st most exported product in Italy. The main destination of Footwear Parts exports from Italy are: Romania ($211M), Albania ($85.3M), Tunisia ($73M), Bosnia and Herzegovina ($64M), and Germany ($40.4M).

The fastest growing export markets for Footwear Parts of Italy between 2021 and 2022 were Romania ($23.2M), Tunisia ($7.65M), and Germany ($6.91M).

Imports In 2022, Italy imported $1.24B in Footwear Parts, becoming the 2nd largest importer of Footwear Parts in the world. At the same year, Footwear Parts was the 106th most imported product in Italy. Italy imports Footwear Parts primarily from: Albania ($296M), Romania ($247M), Tunisia ($151M), Serbia ($111M), and China ($109M).

The fastest growing import markets in Footwear Parts for Italy between 2021 and 2022 were Albania ($40.9M), China ($31M), and Tunisia ($23.4M).

COMPANIES In 2023, leading companies such as Steve Madden (2) and Samsung (1) were at the forefront of shipping Footwear Parts from Italy to the United States.

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-24.5M(-34.1%)
IMPORT GROWTH (March 2023 - March 2024)€-28.2M(-27%)
MAIN DESTINATION (March 2024)Romania€12M

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

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Historical Data

Trade Balance

Color
EXPORTS (2022)$811M
IMPORTS (2022)$1.24B
NET TRADE (2022)-$429M

In 2022, Italy exported $811M in Footwear Parts. The main destinations of Italy exports on Footwear Parts were Romania ($211M), Albania ($85.3M), Tunisia ($73M), Bosnia and Herzegovina ($64M), and Germany ($40.4M).

In 2022, Italy imported $1.24B in Footwear Parts, mainly from Albania ($296M), Romania ($247M), Tunisia ($151M), Serbia ($111M), and China ($109M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Footwear Parts EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Romania$23.2M (12.3%)
Tunisia$7.65M (11.7%)
Germany$6.91M (20.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Footwear Parts BY Italy WERE (2021 - 2022):
Bosnia and Herzegovina-$6.12M (-8.72%)
Bulgaria-$4.53M (-18.3%)
Portugal-$2.41M (-6.54%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Footwear Parts were:
China $4.26B
In 2022, Italy's main importing competitors in Footwear Parts were:

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Trade Value of Footwear Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $11.5M
TOP IMPORT POTENTIALChina+ $40.5M

Footwear Parts’s highest export potential is Germany. With an export gap of $11.5M.   Footwear Parts’s highest import potential is China with an import gap of $40.5M.

See methodology.

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