HS Icon Waterproof Footwear

6401 (Harmonized System 1992 for 4-digit)

World Trade (2018): $1.56B, Rnk 803 / 1225

Top Exporter (2018): $651M, China

Top Importer (2018): $229M, United States

Product Complexity (2018): -0.9, Rnk 795 / 1018

Export Growth (CAGR)(2017 - 2018): 15.3%, Rnk 499 / 1225

Mean Tariff (2018): 22.5%, Rnk 84 / 1259

Share of World Trade (2018): 0.0085%, Rnk 803 / 1225

Overview:  This page contains the latest trade data of Waterproof Footwear. In 2018, Waterproof Footwear were the world's 803rd most traded product, with a total trade of $1.56B. Between 2017 and 2018 the exports of Waterproof Footwear grew by 15.3%, from  $1.35B to $1.56B. Trade in Waterproof Footwear represent 0.0085% of total world trade.

Exports: In 2018 the top exporters of Waterproof Footwear  were China ($651M), Italy ($135M), France ($69.5M), Netherlands ($61.7M), and Portugal ($49.5M).

Imports: In 2018 the top importers of Waterproof Footwear were United States ($229M), Japan ($154M), Germany ($144M), United Kingdom ($118M), and France ($83.2M).

Tariffs: In 2018 the average tariff for Waterproof Footwear was 22.5%, been the 84 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Waterproof Footwear are Iran (120%), Syria (46%), Egypt (45%), Bolivia (38.5%), and Sudan (35%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Sri Lanka (0%), Maldives (0%), and Singapore (0%).

Ranking: Waterproof Footwear ranks 795th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $651M

Top Destination (2018): United States, $229M

Waterproof Footwear are the world's 803rd most traded product.

In 2018, the top exporters of Waterproof Footwear were China ($651M), Italy ($135M), France ($69.5M), Netherlands ($61.7M), and Portugal ($49.5M).

In 2018, the top importers of Waterproof Footwear were United States ($229M), Japan ($154M), Germany ($144M), United Kingdom ($118M), and France ($83.2M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $58.1M

Top Destination Growth (2017 - 2018): United States, $73.2M

Between 2017 and 2018, the exports of Waterproof Footwear grew the fastest in China ($58.1M), Italy ($30M), France ($18.4M), Portugal ($12.9M), and Denmark ($11.2M).

Between 2017 and 2018, the fastest growing importers of Waterproof Footwear were United States ($73.2M), United Kingdom ($31.9M), Germany ($30M), Japan ($19.7M), and Saudi Arabia ($10M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Waterproof Footwear.

In 2018,  market concentration measured using Shannon Entropy, was 3.99. This means that most of the exports of Waterproof Footwear are explained by 15 countries.

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TOP NET EXPORTER (2018): China, $637M

TOP NET IMPORTER (2018): United States, $216M

This map shows which countries export or import more of Waterproof Footwear. Each country is colored based on the difference in exports and imports of Waterproof Footwear during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Waterproof Footwear were China ($637M), Italy ($88.2M), Portugal ($39.2M), Netherlands ($28.6M), and Bosnia and Herzegovina ($25M).

In 2018, the countries that had a largest trade value in imports than in exports of Waterproof Footwear were United States ($216M), Japan ($151M), Germany ($104M), United Kingdom ($87M), and South Korea ($27.8M).

Trade Forecasts

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This section shows forecasts for total trade for Waterproof Footwear. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Waterproof Footwear was 22.5%.  The countries with the highest tariffs for importing Waterproof Footwear were Iran (120%), Syria (46%), Egypt (45%), Bolivia (38.5%), and Sudan (35%).

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Product Complexity

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Diversification Frontier

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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.