Leather Footwear in China 2020 Exports | Imports : $8.35B | $1.45B, World Rnk 1 / 214 Rnk 62 / 1215 | World Rnk 8 / 222 Rnk 161 / 1214
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $135M | $129M, Kazakhstan | Vietnam
2020 ECONOMIC COMPLEXITY of China: 0.96, Rnk 28 / 127
2020 PRODUCT COMPLEXITY IN Leather Footwear: -0.79, Rnk 774 / 1029
Exports In 2020, China exported $8.35B in Leather Footwear, making it the 1st largest exporter of Leather Footwear in the world. At the same year, Leather Footwear was the 62nd most exported product in China. The main destination of Leather Footwear exports from China are: United States ($2.36B), Russia ($416M), Germany ($321M), United Kingdom ($273M), and Australia ($272M).
The fastest growing export markets for Leather Footwear of China between 2019 and 2020 were Kazakhstan ($135M), Thailand ($77.1M), and Iraq ($57.5M).
Imports In 2020, China imported $1.45B in Leather Footwear, becoming the 8th largest importer of Leather Footwear in the world. At the same year, Leather Footwear was the 161st most imported product in China. China imports Leather Footwear primarily from: Vietnam ($633M), Italy ($254M), Indonesia ($113M), Spain ($65.8M), and France ($52.8M).
The fastest growing import markets in Leather Footwear for China between 2019 and 2020 were Vietnam ($129M), France ($13.5M), and Australia ($8.36M).
Tariffs In 2018, the average tariff for China in Leather Footwear was 10.6%. The countries with the highest import tariffs for Leather Footwear were Pakistan (Most Favoured Nation duty rate treatement, 24%), Macau (Most Favoured Nation duty rate treatement, 15.6%), South Korea (Most Favoured Nation duty rate treatement, 14%), India (Most Favoured Nation duty rate treatement, 13.6%), and Sri Lanka (Most Favoured Nation duty rate treatement, 13.6%).
December 2022
Overview In December 2022 China's Leather Footwear exports accounted up to $841M and imports accounted up to $226M, resulting in a positive trade balance of $615M. Between December 2021 and December 2022 the exports of China's Leather Footwear have decreased by $-233M (-21.7%) from $1.07B to $841M, while imports decreased by $-44.8M (-16.5%) from $271M to $226M.
Destinations In December 2022, Leather Footwear were exported mostly to United States ($223M), Russia ($66.2M), Australia ($33.2M), Germany ($30.6M), and Italy ($30M), and were imported mostly from Italy ($64.6M), Vietnam ($62.4M), Indonesia ($49M), Thailand ($8.14M), and China ($6.81M).
Growth In December 2022, the decrease in Leather Footwear's year-by-year exports was explained primarily by a decrease in exports to Iraq ($-14.1M or -74.2%), India ($-9.61M or -67.1%), and Israel ($-9.29M or -38.7%). In December 2022, the decrease in Leather Footwear's year-by-year imports was explained primarily by a decrease in imports from Spain ($-2.21M or -29.3%), Dominican Republic ($-432k or -96.1%), and Slovakia ($-353k or -10.6%).
EXPORT GROWTH (December 2021 - December 2022): $-233M, (-21.7%)
IMPORT GROWTH (December 2021 - December 2022): $-44.8M, (-16.5%)
MAIN EXPORTER (December 2022): Guangdong Province, $223M
MAIN DESTINATION (December 2022): United States, $223M
This section shows Leather Footwear's exports and imports data at subnational level for China. 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 Leather Footwear over time.
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EXPORTS (2020): $8.35B
IMPORTS (2020): $1.45B
NET TRADE (2020): $6.9B
In 2020, China exported $8.35B in Leather Footwear. The main destinations of China exports on Leather Footwear were United States ($2.36B), Russia ($416M), Germany ($321M), United Kingdom ($273M), and Australia ($272M).
In 2020, China imported $1.45B in Leather Footwear, mainly from Vietnam ($633M), Italy ($254M), Indonesia ($113M), Spain ($65.8M), and France ($52.8M).
THE FASTEST GROWING Leather Footwear EXPORT MARKETS FOR China WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather Footwear BY China WERE (2019 - 2020):
In 2020, China's main exporting competitors in Leather Footwear were:
In 2020, China's main importing competitors in Leather Footwear were:
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