HS Icon Leather Footwear

6403 (Harmonized System 1992 for 4-digit)

World Trade (2018): $55.3B, Rnk 59 / 1225

Top Exporter (2018): $10.7B, China

Top Importer (2018): $10.2B, United States

Product Complexity (2018): -1.05, Rnk 835 / 1018

Export Growth (CAGR)(2017 - 2018): 7.82%, Rnk 867 / 1225

Mean Tariff (2018): 20.2%, Rnk 105 / 1259

Share of World Trade (2018): 0.3%, Rnk 59 / 1225

Overview:  This page contains the latest trade data of Leather Footwear. In 2018, Leather Footwear were the world's 59th most traded product, with a total trade of $55.3B. Between 2017 and 2018 the exports of Leather Footwear grew by 7.82%, from  $51.3B to $55.3B. Trade in Leather Footwear represent 0.3% of total world trade.

Exports: In 2018 the top exporters of Leather Footwear  were China ($10.7B), Italy ($7.87B), Vietnam ($6.87B), Germany ($3.51B), and Indonesia ($2.34B).

Imports: In 2018 the top importers of Leather Footwear were United States ($10.2B), Germany ($6.25B), France ($3.96B), United Kingdom ($3.22B), and Italy ($3.12B).

Tariffs: In 2018 the average tariff for Leather Footwear was 20.2%, been the 105 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Leather Footwear are Iran (91.5%), Syria (46%), Egypt (45%), Bolivia (36.5%), and Sudan (35%). The countries with the lowest tariffs are Mauritius (0%), Armenia (0%), Hong Kong (0%), Kazakhstan (0%), and Kyrgyzstan (0%).

Ranking: Leather Footwear ranks 835th in the Product Complexity Index (PCI).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): China, $10.7B

Top Destination (2018): United States, $10.2B

Leather Footwear are the world's 59th most traded product.

In 2018, the top exporters of Leather Footwear were China ($10.7B), Italy ($7.87B), Vietnam ($6.87B), Germany ($3.51B), and Indonesia ($2.34B).

In 2018, the top importers of Leather Footwear were United States ($10.2B), Germany ($6.25B), France ($3.96B), United Kingdom ($3.22B), and Italy ($3.12B).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): Germany, $1.03B

Top Destination Growth (2017 - 2018): Germany, $1.18B

Between 2017 and 2018, the exports of Leather Footwear grew the fastest in Germany ($1.03B), Vietnam ($811M), France ($681M), Belgium-Luxembourg ($660M), and Italy ($548M).

Between 2017 and 2018, the fastest growing importers of Leather Footwear were Germany ($1.18B), Switzerland ($797M), Poland ($478M), Italy ($376M), and France ($274M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

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

In 2018,  market concentration measured using Shannon Entropy, was 4.36. This means that most of the exports of Leather Footwear are explained by 20 countries.

Explore Visualizations

TOP NET EXPORTER (2018): China, $9.34B

TOP NET IMPORTER (2018): United States, $9.85B

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

In 2018, the countries that had a largest trade value in exports than in imports of Leather Footwear were China ($9.34B), Vietnam ($6.73B), Italy ($4.74B), Indonesia ($2.25B), and India ($2.1B).

In 2018, the countries that had a largest trade value in imports than in exports of Leather Footwear were United States ($9.85B), Germany ($2.74B), United Kingdom ($2.18B), France ($2.05B), and Russia ($1.66B).

Trade Forecasts

#permalink to section

This section shows forecasts for total trade for Leather 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 Leather Footwear was 20.2%.  The countries with the highest tariffs for importing Leather Footwear were Iran (91.5%), Syria (46%), Egypt (45%), Bolivia (36.5%), 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.