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2022
Exports $184MWorld Rnk 21 / 215
Flag Rnk 610 / 1217
2022
Destination $21M Canada
2021 - 2022
FASTEST GROWING MARKET $21MCanada
2022
PRODUCT COMPLEXITY IN Textile Footwear-0.49Rnk 696 / 1025
2022
Imports $11.4BWorld Rnk 1 / 223
Flag Rnk 57 / 1216
2022
Origin $1.36B Vietnam
2021 - 2022
FASTEST GROWING ORIGIN $1.36BVietnam
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $184M in Textile Footwear, making it the 21st largest exporter of Textile Footwear in the world. At the same year, Textile Footwear was the 610th most exported product in United States. The main destination of Textile Footwear exports from United States are: Canada ($67.9M), Mexico ($15.7M), China ($7.08M), Hong Kong ($6.75M), and Chile ($5.74M).

The fastest growing export markets for Textile Footwear of United States between 2021 and 2022 were Canada ($21M), Kuwait ($2.79M), and Israel ($2.47M).

Imports In 2022, United States imported $11.4B in Textile Footwear, becoming the 1st largest importer of Textile Footwear in the world. At the same year, Textile Footwear was the 57th most imported product in United States. United States imports Textile Footwear primarily from: Vietnam ($4.96B), China ($4.1B), Indonesia ($1.09B), Italy ($355M), and Cambodia ($323M).

The fastest growing import markets in Textile Footwear for United States between 2021 and 2022 were Vietnam ($1.36B), Indonesia ($317M), and China ($307M).

COMPANIES In 2023, leading companies such as Itourscm (4.4k), CrimsonLogic (3.3k), and You Hao Trading (2.87k) were at the forefront of shipping Textile Footwear to the United States.

Latest Trends

June 2024

About

Overview In June 2024 United States' Textile Footwear exports accounted up to $21.2M and imports accounted up to $621M, resulting in a negative trade balance of $599M. Between June 2023 and June 2024 the exports of United States'   Textile Footwear have decreased by $-5.64M (-21%) from $26.8M to $21.2M, while imports decreased by $-14.9M (-2.34%) from $636M to $621M.

Destinations In June 2024, Textile Footwear were exported mostly to Canada ($10.4M), Mexico ($2.71M), China ($672k), Hong Kong ($635k), and Germany ($559k), and were imported mostly from Vietnam ($302M), China ($210M), Indonesia ($46M), Italy ($29.9M), and Cambodia ($15M).

Growth In June 2024, the decrease in Textile Footwear's year-by-year exports was explained primarily by a decrease in exports to United Kingdom ($-573k or -91.1%), South Korea ($-215k or -73.9%), and Paraguay ($-179k or -97%). In June 2024, the decrease in Textile Footwear's year-by-year imports was explained primarily by a decrease in imports from China ($-113M or -25.9%), Indonesia ($-13.2M or -16.9%), and Italy ($-6.44M or -12.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-5.64M(-21%)
IMPORT GROWTH (June 2023 - June 2024)$-14.9M(-2.34%)
MAIN EXPORTER (June 2024)California$7.47M
MAIN DESTINATION (June 2024)Canada$10.4M

This section shows Textile 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 Textile Footwear over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$184M
IMPORTS (2022)$11.4B
NET TRADE (2022)-$11.3B

In 2022, United States exported $184M in Textile Footwear. The main destinations of United States exports on Textile Footwear were Canada ($67.9M), Mexico ($15.7M), China ($7.08M), Hong Kong ($6.75M), and Chile ($5.74M).

In 2022, United States imported $11.4B in Textile Footwear, mainly from Vietnam ($4.96B), China ($4.1B), Indonesia ($1.09B), Italy ($355M), and Cambodia ($323M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Textile Footwear EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$21M (44.9%)
Kuwait$2.79M (534%)
Israel$2.47M (147%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Footwear BY United States WERE (2021 - 2022):
China-$48.4M (-87.2%)
Chile-$2.39M (-29.4%)
Switzerland-$1.65M (-38.6%)
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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 Textile Footwear were:
China $16.9B
Vietnam $13.2B
Indonesia $3.89B
In 2022, United States's main importing competitors in Textile Footwear were:
Germany $4.43B
France $2.8B

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Trade Value of Textile Footwear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $9.54M
TOP IMPORT POTENTIALItaly+ $105M

Textile Footwear’s highest export potential is Canada. With an export gap of $9.54M.   Textile Footwear’s highest import potential is Italy with an import gap of $105M.

See methodology.

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