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640620 (Harmonized System 1992 for 6-digit)

2023
World Trade $2.18BRnk 1346 / 4644
2023
Top Exporter | Top Importer $1.3B | $470MChina | Vietnam
2023
Product Complexity -0.55Rnk 3292 / 4656
2022 - 2023
Export Growth (CAGR) -1.94%Rnk 1753 / 4644
2023
Share of World Trade 0.0096%Rnk 1346 / 4644

About

Overview This page contains the latest trade data of Soles and heels for footwear, of rubber or plastic. In 2023, Soles and heels for footwear, of rubber or plastic were the world's 1346th most traded product, with a total trade of $2.18B. Between 2022 and 2023 the exports of Soles and heels for footwear, of rubber or plastic decreased by -1.94%, from $2.22B to $2.18B. Trade in Soles and heels for footwear, of rubber or plastic represent 0.0096% of total world trade.

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

Exports In 2023 the top exporters of Soles and heels for footwear, of rubber or plastic  were China ($1.3B), Italy ($271M), Vietnam ($142M), Spain ($52.5M), and Chinese Taipei ($34.7M).

Imports In 2023 the top importers of Soles and heels for footwear, of rubber or plastic were Vietnam ($470M), Cambodia ($166M), Bangladesh ($131M), Indonesia ($98.9M), and Russia ($93.1M).

Ranking Soles and heels for footwear, of rubber or plastic ranks 3292nd 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 (2023)China$1.3B
Top Destination (2023)Vietnam$470M

In 2023 Soles and heels for footwear, of rubber or plastic were the world's 1346th most traded product (out of 4,644).

In 2023, the top exporters of Soles and heels for footwear, of rubber or plastic were China ($1.3B), Italy ($271M), Vietnam ($142M), Spain ($52.5M), and Chinese Taipei ($34.7M).

In 2023, the top importers of Soles and heels for footwear, of rubber or plastic were Vietnam ($470M), Cambodia ($166M), Bangladesh ($131M), Indonesia ($98.9M), and Russia ($93.1M).

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Exporters of Soles and heels for footwear, of rubber or plastic (2023)
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Importers of Soles and heels for footwear, of rubber or plastic (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$101M
Top Destination Growth (2022 -  2023)Vietnam$185M

Between 2022 and 2023, the exports of Soles and heels for footwear, of rubber or plastic grew the fastest in China ($101M), Kyrgyzstan ($19.4M), Egypt ($13M), Romania ($3.92M), and Japan ($2.96M).

Between 2022 and 2023, the fastest growing importers of Soles and heels for footwear, of rubber or plastic were Vietnam ($185M), Kyrgyzstan ($65.1M), Russia ($27.2M), Algeria ($25.5M), and Albania ($16.8M).

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Exporters of Soles and heels for footwear, of rubber or plastic (2022 - 2023)

Importers of Soles and heels for footwear, of rubber or plastic (2022 - 2023)

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 2023, market concentration measured using Shannon Entropy, was 2.64. 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 (2023)China$1.26B
TOP NET IMPORTER (2023)Vietnam$328M

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 2023.

In 2023, 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 ($1.26B), Italy ($184M), Chinese Taipei ($29.3M), Spain ($26.3M), and Czechia ($19.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Soles and heels for footwear, of rubber or plastic were Vietnam ($328M), Cambodia ($160M), Bangladesh ($130M), Indonesia ($92.8M), and Russia ($92.6M).

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 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 (2023)

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