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2022
Exports $342MWorld Rnk 25 / 219
Flag Rnk 466 / 1217
2022
Destination $29.2M Canada
2021 - 2022
FASTEST GROWING MARKET $29.2MCanada
2022
PRODUCT COMPLEXITY IN Leather Footwear-0.71Rnk 760 / 1025
2022
Imports $13.4BWorld Rnk 1 / 222
Flag Rnk 44 / 1216
2022
Origin $1.1B Vietnam
2021 - 2022
FASTEST GROWING ORIGIN $1.1BVietnam
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $342M in Leather Footwear, making it the 25th largest exporter of Leather Footwear in the world. At the same year, Leather Footwear was the 466th most exported product in United States. The main destination of Leather Footwear exports from United States are: Canada ($99.4M), Netherlands ($34.7M), Mexico ($26.9M), Japan ($22.9M), and China ($16.8M).

The fastest growing export markets for Leather Footwear of United States between 2021 and 2022 were Canada ($29.2M), Mexico ($17.8M), and Netherlands ($15.3M).

Imports In 2022, United States imported $13.4B in Leather Footwear, becoming the 1st largest importer of Leather Footwear in the world. At the same year, Leather Footwear was the 44th most imported product in United States. United States imports Leather Footwear primarily from: Vietnam ($3.69B), China ($3.62B), Italy ($1.2B), Indonesia ($885M), and Mexico ($705M).

The fastest growing import markets in Leather Footwear for United States between 2021 and 2022 were Vietnam ($1.1B), China ($538M), and Italy ($321M).

COMPANIES In 2023, leading companies such as Nike (552), Adidas (435), and Reebok (179) were at the forefront of shipping Leather Footwear to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Leather Footwear exports accounted up to $41.7M and imports accounted up to $921M, resulting in a negative trade balance of $879M. Between June 2023 and June 2024 the exports of United States'   Leather Footwear have increased by $3.26M (8.46%) from $38.5M to $41.7M, while imports decreased by $-40.6M (-4.22%) from $962M to $921M.

Destinations In June 2024, Leather Footwear were exported mostly to Canada ($13M), Japan ($3.96M), China ($3.74M), Indonesia ($3.23M), and Mexico ($2.81M), and were imported mostly from Vietnam ($312M), China ($185M), Italy ($120M), Indonesia ($94.6M), and Mexico ($52.5M).

Growth In June 2024, the increase in Leather Footwear's year-by-year exports was explained primarily by an increase in exports to China ($2.15M or 773%), United Kingdom ($1.34M or 156%), and Canada ($1.2M or 14%). In June 2024, the decrease in Leather Footwear's year-by-year imports was explained primarily by a decrease in imports from China ($-46.9M or -14.9%), Philippines ($-5.26M or -66.9%), and Brazil ($-4.97M or -23.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$3.26M(8.46%)
IMPORT GROWTH (June 2023 - June 2024)$-40.6M(-4.22%)
MAIN EXPORTER (June 2024)Massachusetts$9.98M
MAIN DESTINATION (June 2024)Canada$13M

This section shows Leather Footwear's exports and imports data at subnational level for United States. 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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Historical Data

Trade Balance

Color
EXPORTS (2022)$342M
IMPORTS (2022)$13.4B
NET TRADE (2022)-$13B

In 2022, United States exported $342M in Leather Footwear. The main destinations of United States exports on Leather Footwear were Canada ($99.4M), Netherlands ($34.7M), Mexico ($26.9M), Japan ($22.9M), and China ($16.8M).

In 2022, United States imported $13.4B in Leather Footwear, mainly from Vietnam ($3.69B), China ($3.62B), Italy ($1.2B), Indonesia ($885M), and Mexico ($705M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Leather Footwear EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$29.2M (41.5%)
Mexico$17.8M (195%)
Netherlands$15.3M (79.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather Footwear BY United States WERE (2021 - 2022):
Switzerland-$5.12M (-57.5%)
South Korea-$3.02M (-26.1%)
Chile-$2.02M (-45.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Leather Footwear were:
China $12.6B
Vietnam $8.21B
Italy $7.71B
In 2022, United States's main importing competitors in Leather Footwear were:
Germany $5.99B
France $3.8B

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Trade Value of Leather Footwear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $23.3M
TOP IMPORT POTENTIALIndia+ $298M

Leather Footwear’s highest export potential is Canada. With an export gap of $23.3M.   Leather Footwear’s highest import potential is India with an import gap of $298M.

See methodology.

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