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640620 (Harmonized System 1992 for 6-digit)

2022
World Trade $2.36BRnk 1341 / 4648
2022
Top Exporter | Top Importer $1.34B | $284MChina | Vietnam
2022
Product Complexity -0.73Rnk 3509 / 4653
2021 - 2022
Export Growth (CAGR) 15.7%Rnk 1062 / 4648
2022
Share of World Trade 0.01%Rnk 1341 / 4648

About

Overview This page contains the latest trade data of Soles and heels for footwear, of rubber or plastic. In 2022, Soles and heels for footwear, of rubber or plastic were the world's 1341st most traded product, with a total trade of $2.36B. Between 2021 and 2022 the exports of Soles and heels for footwear, of rubber or plastic grew by 15.7%, from $2.04B to $2.36B. Trade in Soles and heels for footwear, of rubber or plastic represent 0.01% of total world trade.

Soles and heels for footwear, of rubber or plastic are a part of Footwear Parts.

Exports In 2022 the top exporters of Soles and heels for footwear, of rubber or plastic  were China ($1.34B), Italy ($321M), Vietnam ($186M), Spain ($62.7M), and Chinese Taipei ($42.9M).

Imports In 2022 the top importers of Soles and heels for footwear, of rubber or plastic were Vietnam ($284M), Cambodia ($241M), Bangladesh ($164M), Indonesia ($139M), and Italy ($106M).

Ranking Soles and heels for footwear, of rubber or plastic ranks 3509th in the Product Complexity Index (PCI).

Description Soles and heels provide traction for footwear and protect the sole of the shoe.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Soles and heels for footwear, of rubber or plastic. 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 (2022)China$1.34B
Top Destination (2022)Vietnam$284M

In 2022 Soles and heels for footwear, of rubber or plastic were the world's 1341st most traded product (out of 4,648).

In 2022, the top exporters of Soles and heels for footwear, of rubber or plastic were China ($1.34B), Italy ($321M), Vietnam ($186M), Spain ($62.7M), and Chinese Taipei ($42.9M).

In 2022, the top importers of Soles and heels for footwear, of rubber or plastic were Vietnam ($284M), Cambodia ($241M), Bangladesh ($164M), Indonesia ($139M), and Italy ($106M).

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Exporters of Soles and heels for footwear, of rubber or plastic (2022)
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Importers of Soles and heels for footwear, of rubber or plastic (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$192M
Top Destination Decrease (2021 -  2022)Hong Kong-$9.94M

Between 2021 and 2022, the exports of Soles and heels for footwear, of rubber or plastic grew the fastest in China ($192M), Vietnam ($59.5M), Italy ($35.5M), Brazil ($8.14M), and Thailand ($7.98M).

Between 2021 and 2022, the fastest declining importers of Soles and heels for footwear, of rubber or plastic were Hong Kong (-$9.94M), South Africa (-$6.81M), Ukraine (-$5.31M), Nigeria (-$5.27M), and Albania (-$3.19M).

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Exporters of Soles and heels for footwear, of rubber or plastic (2021 - 2022)

Importers of Soles and heels for footwear, of rubber or plastic (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Soles and heels for footwear, of rubber or plastic.

In 2022, market concentration measured using Shannon Entropy, was 2.72. This means that most of the exports of Soles and heels for footwear, of rubber or plastic are explained by 6 countries.

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Value of Exports in Soles and heels for footwear, of rubber or plastic

Net Trade

TOP NET EXPORTER (2022)China$1.28B
TOP NET IMPORTER (2022)Cambodia$230M

This map shows which countries export or import more of Soles and heels for footwear, of rubber or plastic. Each country is colored based on the difference in exports and imports of Soles and heels for footwear, of rubber or plastic during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Soles and heels for footwear, of rubber or plastic were China ($1.28B), Italy ($215M), Chinese Taipei ($36.4M), Spain ($21M), and Czechia ($19.6M).

In 2022, the countries that had a largest trade value in imports than in exports of Soles and heels for footwear, of rubber or plastic were Cambodia ($230M), Bangladesh ($164M), Indonesia ($130M), Vietnam ($97.4M), and Burma ($75.5M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Soles and heels for footwear, of rubber or plastic 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 (2022)

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