2022
Exports
$13.1BWorld Rnk 3 / 225
Flag Rnk 13 / 96
2022
PRODUCT COMPLEXITY IN Footwear
-0.49Rnk 696 / 1025
2022
Imports
$8.56BWorld Rnk 4 / 225
Flag Rnk 15 / 96
2022
ECONOMIC COMPLEXITY of Italy
1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $13.1B in Footwear, making it the 3rd largest exporter of Footwear in the world. At the same year, Footwear was the 13th most exported product in Italy. The main destination of Footwear exports from Italy are: France ($2.14B), United States ($1.81B), Germany ($1.32B), Switzerland ($852M), and China ($603M).

The fastest growing export markets for Footwear of Italy between 2021 and 2022 were United States ($422M), Switzerland ($407M), and France ($204M).

Imports In 2022, Italy imported $8.56B in Footwear, becoming the 4th largest importer of Footwear in the world. At the same year, Footwear was the 15th most imported product in Italy. Italy imports Footwear primarily from: China ($1.5B), Romania ($722M), France ($700M), Germany ($677M), and Belgium ($597M).

The fastest growing import markets in Footwear for Italy between 2021 and 2022 were China ($446M), Belgium ($220M), and Vietnam ($157M).

COMPANIES In 2023, leading companies such as Steve Madden (50), Giorgio Armani (7), and Adidas (6) were at the forefront of shipping Footwear from Italy to the United States.

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€-310M(-24%)
IMPORT GROWTH (March 2023 - March 2024)€-123M(-16.6%)
MAIN DESTINATION (March 2024)France€201M

This section shows Footwear'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 over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$13.1B
IMPORTS (2022)$8.56B
NET TRADE (2022)$4.5B

In 2022, Italy exported $13.1B in Footwear. The main destinations of Italy exports on Footwear were France ($2.14B), United States ($1.81B), Germany ($1.32B), Switzerland ($852M), and China ($603M).

In 2022, Italy imported $8.56B in Footwear, mainly from China ($1.5B), Romania ($722M), France ($700M), Germany ($677M), and Belgium ($597M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Footwear EXPORT MARKETS FOR Italy WERE (2021 - 2022):
United States$422M (30.4%)
Switzerland$407M (91.5%)
France$204M (10.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Footwear BY Italy WERE (2021 - 2022):
Russia-$94.1M (-29%)
Hong Kong-$32.4M (-10.5%)
Ukraine-$13.8M (-41.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Footwear were:
China $63.5B
Vietnam $27.2B
In 2022, Italy'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+ $334M
TOP IMPORT POTENTIALChina+ $402M

Footwear’s highest export potential is United States. With an export gap of $334M.   Footwear’s highest import potential is China with an import gap of $402M.

See methodology.

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