2022
Exports
$2.24BWorld Rnk 13 / 225
Flag Rnk 11 / 96
2022
PRODUCT COMPLEXITY IN Footwear
-0.49Rnk 696 / 1025
2022
Imports
$1BWorld Rnk 39 / 225
Flag Rnk 23 / 96
2022
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $2.24B in Footwear, making it the 13th largest exporter of Footwear in the world. At the same year, Footwear was the 11th most exported product in Portugal. The main destination of Footwear exports from Portugal are: Germany ($480M), France ($385M), Netherlands ($323M), Spain ($150M), and United Kingdom ($146M).

The fastest growing export markets for Footwear of Portugal between 2021 and 2022 were United States ($33.9M), United Kingdom ($27M), and Netherlands ($26.7M).

Imports In 2022, Portugal imported $1B in Footwear, becoming the 39th largest importer of Footwear in the world. At the same year, Footwear was the 23rd most imported product in Portugal. Portugal imports Footwear primarily from: Spain ($302M), Germany ($107M), Italy ($94.2M), China ($92M), and France ($82.8M).

The fastest growing import markets in Footwear for Portugal between 2021 and 2022 were Spain ($56.1M), Belgium ($27.3M), and China ($23M).

COMPANIES In 2023, leading companies such as Banana Republic (12), PVH (Phillips-Van Heusen Corporation) (10), and Steve Madden (4) were at the forefront of shipping Footwear from Portugal to the United States.

Latest Trends

April 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2023 - April 2024)€-1.83M(-1.54%)
IMPORT GROWTH (April 2023 - April 2024)€10.8M(15.5%)
MAIN DESTINATION (April 2024)Germany€29.8M

This section shows Footwear's exports and imports data at subnational level for Portugal. 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)$2.24B
IMPORTS (2022)$1B
NET TRADE (2022)$1.24B

In 2022, Portugal exported $2.24B in Footwear. The main destinations of Portugal exports on Footwear were Germany ($480M), France ($385M), Netherlands ($323M), Spain ($150M), and United Kingdom ($146M).

In 2022, Portugal imported $1B in Footwear, mainly from Spain ($302M), Germany ($107M), Italy ($94.2M), China ($92M), and France ($82.8M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Footwear EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
United States$33.9M (35.9%)
United Kingdom$27M (22.7%)
Netherlands$26.7M (8.98%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Footwear BY Portugal WERE (2021 - 2022):
China-$7.69M (-30.5%)
Russia-$6.57M (-40.6%)
Mozambique-$1.68M (-58.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Footwear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $121M
TOP IMPORT POTENTIALChina+ $63.9M

Footwear’s highest export potential is United States. With an export gap of $121M.   Footwear’s highest import potential is China with an import gap of $63.9M.

See methodology.

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