Leather Footwear in China 2021 Exports | Imports : $10.5B | $1.58B, World Rnk 1 / 220 Rnk 67 / 1215 | World Rnk 8 / 224 Rnk 170 / 1214
2020 - 2021 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $707M | $118M, United States | Italy
2021 ECONOMIC COMPLEXITY of China: 1.07, Rnk 25 / 131
2021 PRODUCT COMPLEXITY IN Leather Footwear: -0.74, Rnk 762 / 1029
Exports In 2021, China exported $10.5B in Leather Footwear, making it the 1st largest exporter of Leather Footwear in the world. At the same year, Leather Footwear was the 67th most exported product in China. The main destination of Leather Footwear exports from China are: United States ($3.07B), Russia ($625M), Germany ($478M), United Kingdom ($372M), and Australia ($359M).
The fastest growing export markets for Leather Footwear of China between 2020 and 2021 were United States ($707M), Russia ($209M), and Germany ($158M).
Imports In 2021, China imported $1.58B in Leather Footwear, becoming the 8th largest importer of Leather Footwear in the world. At the same year, Leather Footwear was the 170th most imported product in China. China imports Leather Footwear primarily from: Vietnam ($480M), Italy ($371M), Indonesia ($133M), France ($126M), and Spain ($91M).
The fastest growing import markets in Leather Footwear for China between 2020 and 2021 were Italy ($118M), France ($73.3M), and Spain ($25.2M).
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 treatment, 24%), Macau (Most Favoured Nation duty rate treatment, 15.6%), South Korea (Most Favoured Nation duty rate treatment, 14%), India (Most Favoured Nation duty rate treatment, 13.6%), and Sri Lanka (Most Favoured Nation duty rate treatment, 13.6%).
April 2023
Overview In April 2023 China's Leather Footwear exports accounted up to $625M and imports accounted up to $176M, resulting in a positive trade balance of $449M. Between April 2022 and April 2023 the exports of China's Leather Footwear have decreased by $-274M (-30.5%) from $899M to $625M, while imports increased by $25.4M (16.8%) from $151M to $176M.
Destinations In April 2023, Leather Footwear were exported mostly to United States ($163M), Russia ($38.9M), Philippines ($28.1M), United Kingdom ($26.1M), and Netherlands ($25.9M), and were imported mostly from Italy ($76.6M), Vietnam ($45.2M), Indonesia ($17.7M), China ($4.44M), and Spain ($4.27M).
Growth In April 2023, the decrease in Leather Footwear's year-by-year exports was explained primarily by a decrease in exports to Iraq ($-14.1M or -74.2%), India ($-9.61M or -67.1%), and Israel ($-9.29M or -38.7%). In April 2023, the increase in Leather Footwear's year-by-year imports was explained primarily by an increase in imports from Italy ($12.6M or 16.7%), Vietnam ($1.73M or 2.17%), and Thailand ($1.29M or 32.1%).
EXPORT GROWTH (April 2022 - April 2023): $-274M, (-30.5%)
IMPORT GROWTH (April 2022 - April 2023): $25.4M, (16.8%)
MAIN EXPORTER (April 2023): Guangdong Province, $172M
MAIN DESTINATION (April 2023): United States, $163M
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 (2021): $10.5B
IMPORTS (2021): $1.58B
NET TRADE (2021): $8.96B
In 2021, China exported $10.5B in Leather Footwear. The main destinations of China exports on Leather Footwear were United States ($3.07B), Russia ($625M), Germany ($478M), United Kingdom ($372M), and Australia ($359M).
In 2021, China imported $1.58B in Leather Footwear, mainly from Vietnam ($480M), Italy ($371M), Indonesia ($133M), France ($126M), and Spain ($91M).
THE FASTEST GROWING Leather Footwear EXPORT MARKETS FOR China WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather Footwear BY China WERE (2020 - 2021):
In 2021, China's main exporting competitors in Leather Footwear were:
In 2021, China's main importing competitors in Leather Footwear were:
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