HS Icon Rubber Footwear

6402 (Harmonized System 1992 for 4-digit)

World Trade (2018): $35.6B, Rnk 104 / 1225

Top Exporter (2018): $19.1B, China

Top Importer (2018): $5.69B, United States

Product Complexity (2018): -1.19, Rnk 872 / 1018

Export Growth (CAGR)(2017 - 2018): 10.3%, Rnk 763 / 1225

Mean Tariff (2018): 19.9%, Rnk 109 / 1259

Share of World Trade (2018): 0.19%, Rnk 104 / 1225

Overview:  This page contains the latest trade data of Rubber Footwear. In 2018, Rubber Footwear were the world's 104th most traded product, with a total trade of $35.6B. Between 2017 and 2018 the exports of Rubber Footwear grew by 10.3%, from  $32.3B to $35.6B. Trade in Rubber Footwear represent 0.19% of total world trade.

Exports: In 2018 the top exporters of Rubber Footwear  were China ($19.1B), Vietnam ($4.23B), Germany ($1.78B), Italy ($1.07B), and Belgium-Luxembourg ($1.07B).

Imports: In 2018 the top importers of Rubber Footwear were United States ($5.69B), Germany ($2.9B), France ($1.92B), Japan ($1.44B), and United Kingdom ($1.33B).

Tariffs: In 2018 the average tariff for Rubber Footwear was 19.9%, been the 109 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Rubber Footwear are Iran (79.3%), Syria (46%), Egypt (45%), Bolivia (36.9%), and Sudan (35%). The countries with the lowest tariffs are Mauritius (0%), Armenia (0%), Hong Kong (0%), Kazakhstan (0%), and Kyrgyzstan (0%).

Ranking: Rubber Footwear ranks 872nd in the Product Complexity Index (PCI).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): China, $19.1B

Top Destination (2018): United States, $5.69B

Rubber Footwear are the world's 104th most traded product.

In 2018, the top exporters of Rubber Footwear were China ($19.1B), Vietnam ($4.23B), Germany ($1.78B), Italy ($1.07B), and Belgium-Luxembourg ($1.07B).

In 2018, the top importers of Rubber Footwear were United States ($5.69B), Germany ($2.9B), France ($1.92B), Japan ($1.44B), and United Kingdom ($1.33B).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): Germany, $572M

Top Destination Growth (2017 - 2018): Germany, $419M

Between 2017 and 2018, the exports of Rubber Footwear grew the fastest in Germany ($572M), China ($493M), Vietnam ($475M), Belgium-Luxembourg ($350M), and Italy ($268M).

Between 2017 and 2018, the fastest growing importers of Rubber Footwear were Germany ($419M), France ($314M), Poland ($274M), Kazakhstan ($205M), and Philippines ($173M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

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

In 2018,  market concentration measured using Shannon Entropy, was 3.02. This means that most of the exports of Rubber Footwear are explained by 8 countries.

Explore Visualizations

TOP NET EXPORTER (2018): China, $18.7B

TOP NET IMPORTER (2018): United States, $5.56B

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

In 2018, the countries that had a largest trade value in exports than in imports of Rubber Footwear were China ($18.7B), Vietnam ($3.88B), Indonesia ($758M), Cambodia ($534M), and Brazil ($399M).

In 2018, the countries that had a largest trade value in imports than in exports of Rubber Footwear were United States ($5.56B), Japan ($1.42B), France ($1.34B), Germany ($1.11B), and United Kingdom ($1.04B).

Trade Forecasts

#permalink to section

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

Explore Forecasts

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Rubber Footwear was 19.9%.  The countries with the highest tariffs for importing Rubber Footwear were Iran (79.3%), Syria (46%), Egypt (45%), Bolivia (36.9%), and Sudan (35%).

Explore Tariff Data

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Filter

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.