2023
Exports
$1.33BWorld Rnk 17 / 225
Flag Rnk 3 / 96
2023
PRODUCT COMPLEXITY IN Footwear
-0.66Rnk 750 / 1025
2023
Imports
$348MWorld Rnk 60 / 225
Flag Rnk 36 / 96
2023
ECONOMIC COMPLEXITY of Bangladesh
-1.03Rnk 113 / 132

About

Exports In 2023, Bangladesh exported $1.33B in Footwear, making it the 17th largest exporter of Footwear in the world. At the same year, Footwear was the 3rd most exported product in Bangladesh. The main destination of Footwear exports from Bangladesh are: United States ($226M), Germany ($179M), France ($117M), Poland ($108M), and Netherlands ($75.6M).

The fastest growing export markets for Footwear of Bangladesh between 2022 and 2023 were India ($22.3M), Ukraine ($6.65M), and Israel ($6.1M).

Imports In 2023, Bangladesh imported $348M in Footwear, becoming the 60th largest importer of Footwear in the world. At the same year, Footwear was the 36th most imported product in Bangladesh. Bangladesh imports Footwear primarily from: China ($334M), India ($6.02M), Italy ($1.99M), Hong Kong ($1.21M), and Malaysia ($923k).

The fastest growing import markets in Footwear for Bangladesh between 2022 and 2023 were Thailand ($81.2k), India ($75k), and United States ($31.8k).

COMPANIES In 2024, leading companies such as Bass Pro Shops (13) and H&M Clothing (3) were at the forefront of shipping Footwear from Bangladesh to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Footwear. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.33B
IMPORTS (2023)$348M
NET TRADE (2023)$977M

In 2023, Bangladesh exported $1.33B in Footwear. The main destinations of Bangladesh exports on Footwear were United States ($226M), Germany ($179M), France ($117M), Poland ($108M), and Netherlands ($75.6M).

In 2023, Bangladesh imported $348M in Footwear, mainly from China ($334M), India ($6.02M), Italy ($1.99M), Hong Kong ($1.21M), and Malaysia ($923k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Footwear EXPORT MARKETS FOR Bangladesh WERE (2022 - 2023):
India$22.3M (46.1%)
Ukraine$6.65M (54%)
Israel$6.1M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Footwear BY Bangladesh WERE (2022 - 2023):
United States-$227M (-50.1%)
Germany-$52.2M (-22.5%)
South Korea-$24.4M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bangladesh's main exporting competitors in Footwear were:
China $51.6B
Vietnam $28.4B
Italy $14.4B
In 2023, Bangladesh's main importing competitors in Footwear were:

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Trade Value of Footwear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $219M
TOP IMPORT POTENTIALChina+ $27M

Footwear’s highest export potential is United States. With an export gap of $219M.   Footwear’s highest import potential is China with an import gap of $27M.

See methodology.

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