2022
Exports
$1.74BWorld Rnk 14 / 225
Flag Rnk 3 / 96
2022
PRODUCT COMPLEXITY IN Footwear
-0.49Rnk 696 / 1025
2022
Imports
$426MWorld Rnk 58 / 225
Flag Rnk 34 / 96
2022
ECONOMIC COMPLEXITY of Bangladesh
-0.82Rnk 101 / 133

About

Exports In 2022, Bangladesh exported $1.74B in Footwear, making it the 14th 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 ($453M), Germany ($232M), France ($141M), Poland ($125M), and Netherlands ($95.7M).

The fastest growing export markets for Footwear of Bangladesh between 2021 and 2022 were United States ($175M), France ($69.1M), and Germany ($68.2M).

Imports In 2022, Bangladesh imported $426M in Footwear, becoming the 58th largest importer of Footwear in the world. At the same year, Footwear was the 34th most imported product in Bangladesh. Bangladesh imports Footwear primarily from: China ($392M), Vietnam ($12M), India ($5.94M), Hong Kong ($3.46M), and Italy ($3.28M).

The fastest growing import markets in Footwear for Bangladesh between 2021 and 2022 were China ($87.6M), India ($1.98M), and Vietnam ($1.88M).

COMPANIES In 2023, leading companies such as H&M Clothing (4) were at the forefront of shipping Footwear from Bangladesh to the United States.

Latest Trends

Sep 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 (2022)$1.74B
IMPORTS (2022)$426M
NET TRADE (2022)$1.31B

In 2022, Bangladesh exported $1.74B in Footwear. The main destinations of Bangladesh exports on Footwear were United States ($453M), Germany ($232M), France ($141M), Poland ($125M), and Netherlands ($95.7M).

In 2022, Bangladesh imported $426M in Footwear, mainly from China ($392M), Vietnam ($12M), India ($5.94M), Hong Kong ($3.46M), and Italy ($3.28M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Footwear EXPORT MARKETS FOR Bangladesh WERE (2021 - 2022):
United States$175M (63.1%)
France$69.1M (96.2%)
Germany$68.2M (41.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Footwear BY Bangladesh WERE (2021 - 2022):
Spain-$40.3M (-43.8%)
Russia-$28M (-100%)
Austria-$13.2M (-79.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bangladesh's main exporting competitors in Footwear were:
China $63.5B
Vietnam $27.2B
Italy $13.1B
In 2022, 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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