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845320 (Harmonized System 1992 for 6-digit)

2023
World Trade $329MRnk 3255 / 4644
2023
Top Exporter | Top Importer $193M | $78.7MChina | Vietnam
2023
Product Complexity -0.18Rnk 2806 / 4656
2022 - 2023
Export Growth (CAGR) -31%Rnk 4254 / 4644
2023
Share of World Trade 0.0015%Rnk 3255 / 4644

About

Overview This page contains the latest trade data of Machinery for making or repairing footwear. In 2023, Machinery for making or repairing footwear were the world's 3255th most traded product, with a total trade of $329M. Between 2022 and 2023 the exports of Machinery for making or repairing footwear decreased by -31%, from $477M to $329M. Trade in Machinery for making or repairing footwear represent 0.0015% of total world trade.

Machinery for making or repairing footwear are a part of Leather Machinery.

Exports In 2023 the top exporters of Machinery for making or repairing footwear  were China ($193M), Italy ($58.5M), Chinese Taipei ($15.7M), Germany ($14.3M), and Spain ($9.19M).

Imports In 2023 the top importers of Machinery for making or repairing footwear were Vietnam ($78.7M), India ($33.5M), Indonesia ($30.4M), Russia ($13M), and Mexico ($11M).

Ranking Machinery for making or repairing footwear ranks 2806th in the Product Complexity Index (PCI).

Description Many different types of machinery are used to make footwear. For example, a machine could be used to stitch the sole to the upper, and another machine could be used to cut the outsole to size.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Machinery for making or repairing footwear. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$193M
Top Destination (2023)Vietnam$78.7M

In 2023 Machinery for making or repairing footwear were the world's 3255th most traded product (out of 4,644).

In 2023, the top exporters of Machinery for making or repairing footwear were China ($193M), Italy ($58.5M), Chinese Taipei ($15.7M), Germany ($14.3M), and Spain ($9.19M).

In 2023, the top importers of Machinery for making or repairing footwear were Vietnam ($78.7M), India ($33.5M), Indonesia ($30.4M), Russia ($13M), and Mexico ($11M).

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Exporters of Machinery for making or repairing footwear (2023)
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Importers of Machinery for making or repairing footwear (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Spain$2.68M
Top Destination Growth (2022 -  2023)Russia$6.96M

Between 2022 and 2023, the exports of Machinery for making or repairing footwear grew the fastest in Spain ($2.68M), Lithuania ($2.66M), Poland ($1.9M), Singapore ($1.17M), and Romania ($1.16M).

Between 2022 and 2023, the fastest growing importers of Machinery for making or repairing footwear were Russia ($6.96M), Spain ($3.33M), Turkey ($2.95M), Lithuania ($2.58M), and Mexico ($1.9M).

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Exporters of Machinery for making or repairing footwear (2022 - 2023)

Importers of Machinery for making or repairing footwear (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Machinery for making or repairing footwear.

In 2023, market concentration measured using Shannon Entropy, was 2.36. This means that most of the exports of Machinery for making or repairing footwear are explained by 5 countries.

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Value of Exports in Machinery for making or repairing footwear

Net Trade

TOP NET EXPORTER (2023)China$190M
TOP NET IMPORTER (2023)Vietnam$77.9M

This map shows which countries export or import more of Machinery for making or repairing footwear. Each country is colored based on the difference in exports and imports of Machinery for making or repairing footwear during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Machinery for making or repairing footwear were China ($190M), Italy ($48.2M), Chinese Taipei ($14.7M), Germany ($9.25M), and South Korea ($5.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Machinery for making or repairing footwear were Vietnam ($77.9M), India ($33M), Indonesia ($30.2M), Russia ($13M), and Mexico ($10.8M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Machinery for making or repairing footwear.
It is possible to select the main countries that export or import Machinery for making or repairing footwear in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Machinery for making or repairing footwear by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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