2023
Exports
$9.92MWorld Rnk 47 / 179
Flag Rnk 116 / 945
2023
PRODUCT COMPLEXITY IN Footwear Parts
-0.66Rnk 750 / 1025
2023
Imports
$225MWorld Rnk 12 / 207
Flag Rnk 58 / 1162
2023
ECONOMIC COMPLEXITY of Bangladesh
-1.03Rnk 113 / 132

About

Exports In 2023, Bangladesh exported $9.92M in Footwear Parts, making it the 47th largest exporter of Footwear Parts in the world. At the same year, Footwear Parts was the 116th most exported product in Bangladesh. The main destination of Footwear Parts exports from Bangladesh are: Italy ($3.34M), Ukraine ($1.38M), Spain ($1.31M), Kazakhstan ($1M), and France ($772k).

The fastest growing export markets for Footwear Parts of Bangladesh between 2022 and 2023 were Kazakhstan ($985k), Spain ($234k), and United States ($142k).

Imports In 2023, Bangladesh imported $225M in Footwear Parts, becoming the 12th largest importer of Footwear Parts in the world. At the same year, Footwear Parts was the 58th most imported product in Bangladesh. Bangladesh imports Footwear Parts primarily from: China ($216M), India ($4.23M), Italy ($1.97M), Hong Kong ($1.03M), and Poland ($863k).

The fastest growing import markets in Footwear Parts for Bangladesh between 2022 and 2023 were United States ($38.4k), Romania ($30.8k), and Indonesia ($21.1k).

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 Parts. 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)$9.92M
IMPORTS (2023)$225M
NET TRADE (2023)-$215M

In 2023, Bangladesh exported $9.92M in Footwear Parts. The main destinations of Bangladesh exports on Footwear Parts were Italy ($3.34M), Ukraine ($1.38M), Spain ($1.31M), Kazakhstan ($1M), and France ($772k).

In 2023, Bangladesh imported $225M in Footwear Parts, mainly from China ($216M), India ($4.23M), Italy ($1.97M), Hong Kong ($1.03M), and Poland ($863k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Footwear Parts EXPORT MARKETS FOR Bangladesh WERE (2022 - 2023):
Kazakhstan$985k (6.22k%)
Spain$234k (21.7%)
United States$142k (68.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Footwear Parts BY Bangladesh WERE (2022 - 2023):
Ukraine-$2.5M (-64.4%)
Italy-$1.63M (-32.8%)
Romania-$534k (-91%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bangladesh's main exporting competitors in Footwear Parts were:
China $3.98B
Italy $674M
In 2023, Bangladesh'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 POTENTIALItaly+ $2.07M
TOP IMPORT POTENTIALIndia+ $7.8M

Footwear Parts’s highest export potential is Italy. With an export gap of $2.07M.   Footwear Parts’s highest import potential is India with an import gap of $7.8M.

See methodology.

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