Rubber Footwear in China | The Observatory of Economic Complexity

About

Exports In 2022, China exported $27.4B in Rubber Footwear, making it the 1st largest exporter of Rubber Footwear in the world. At the same year, Rubber Footwear was the 22nd most exported product in China. The main destination of Rubber Footwear exports from China are: United States ($4.86B), Germany ($1.37B), Russia ($1.09B), Philippines ($1.04B), and Japan ($1.04B).

The fastest growing export markets for Rubber Footwear of China between 2021 and 2022 were United States ($852M), Kyrgyzstan ($685M), and Philippines ($605M).

Imports In 2022, China imported $610M in Rubber Footwear, becoming the 21st largest importer of Rubber Footwear in the world. At the same year, Rubber Footwear was the 311th most imported product in China. China imports Rubber Footwear primarily from: Vietnam ($335M), Indonesia ($66.7M), China ($50.4M), Cambodia ($24.6M), and South Korea ($23M).

The fastest growing import markets in Rubber Footwear for China between 2021 and 2022 were Vietnam ($49.1M), Indonesia ($20.2M), and South Korea ($11.5M).

COMPANIES In 2023, leading companies such as ADIDAS INTERNATIONAL TRADING AG (53.6k), WAL-MART INC. (8.38k), and OLD NAVY (CANADA) INC (7.6k) were at the forefront of shipping Rubber Footwear from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Rubber Footwear exports accounted up to $1.84B and imports accounted up to $94.4M, resulting in a positive trade balance of $1.74B. Between February 2023 and February 2024 the exports of China's Rubber Footwear have increased by $549M (42.7%) from $1.29B to $1.84B, while imports increased by $16.1M (20.5%) from $78.3M to $94.4M.

Destinations In February 2024, Rubber Footwear were exported mostly to United States ($301M), Russia ($93.2M), Kazakhstan ($73.7M), Saudi Arabia ($68.9M), and United Arab Emirates ($58.8M), and were imported mostly from Vietnam ($60.2M), Indonesia ($20M), China ($3.61M), Cambodia ($3.27M), and Italy ($2.83M).

Growth In February 2024, the increase in Rubber Footwear's year-by-year exports was explained primarily by an increase in exports to Kazakhstan ($83.8M or 285%), Saudi Arabia ($34.4M or 83.9%), and Singapore ($26.9M or 155%). In February 2024, the increase in Rubber Footwear's year-by-year imports was explained primarily by an increase in imports from Indonesia ($3.71M or 37.9%), Burma ($649k or 673%), and Cambodia ($375k or 21.9%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$549M(42.7%)

IMPORT GROWTH (February 2023 - February 2024)$16.1M(20.5%)

MAIN EXPORTER (February 2024)Zhejiang Province$734M

MAIN DESTINATION (February 2024)United States$301M

This section shows Rubber 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 Rubber Footwear over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$27.4B

IMPORTS (2022)$610M

NET TRADE (2022)$26.8B

In 2022, China exported $27.4B in Rubber Footwear. The main destinations of China exports on Rubber Footwear were United States ($4.86B), Germany ($1.37B), Russia ($1.09B), Philippines ($1.04B), and Japan ($1.04B).

In 2022, China imported $610M in Rubber Footwear, mainly from Vietnam ($335M), Indonesia ($66.7M), China ($50.4M), Cambodia ($24.6M), and South Korea ($23M).

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