HS Icon Footwear, outer soles/uppers of rubber or plastic, ne

640299 (Harmonized System 1992 for 6-digit)

World Trade (2019): $25.1B, Rnk 103 / 4648

Top Exporter (2019): $14.8B, China

Top Importer (2019): $3.92B, United States

Product Complexity (2019): -1.71, Rnk 4566 / 4826

Export Growth (CAGR)(2018 - 2019): 4.57%, Rnk 809 / 4648

Mean Tariff (2018): 22.1%, Rnk 476 / 6538

Share of World Trade (2019): 0.14%, Rnk 103 / 4648

Overview:  This page contains the latest trade data of Footwear, outer soles/uppers of rubber or plastic, ne. In 2019, Footwear, outer soles/uppers of rubber or plastic, ne were the world's 103rd most traded product, with a total trade of $25.1B. Between 2018 and 2019 the exports of Footwear, outer soles/uppers of rubber or plastic, ne grew by 4.57%, from  $24B to $25.1B. Trade in Footwear, outer soles/uppers of rubber or plastic, ne represent 0.14% of total world trade.

Exports: In 2019 the top exporters of Footwear, outer soles/uppers of rubber or plastic, ne  were China ($14.8B), Vietnam ($2.83B), Germany ($1.27B), Belgium ($580M), and Netherlands ($574M).

Imports: In 2019 the top importers of Footwear, outer soles/uppers of rubber or plastic, ne were United States ($3.92B), Germany ($1.64B), France ($1.17B), Japan ($1.09B), and United Kingdom ($950M).

Tariffs: In 2018 the average tariff for Footwear, outer soles/uppers of rubber or plastic, ne was 22.1%, making it the 476th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Footwear, outer soles/uppers of rubber or plastic, ne are Iran (120%), Syria (46%), Egypt (45%), Bolivia (38.5%), and Sudan (35%). The countries with the lowest tariffs are Mauritius (0%), Armenia (0%), Hong Kong (0%), Kazakhstan (0%), and Kyrgyzstan (0%).

Ranking: Footwear, outer soles/uppers of rubber or plastic, ne ranks 4566th in the Product Complexity Index (PCI).

Description: A shoe is an article of footwear it is designed to protect the foot from the ground and provide comfort and protection.

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $14.8B

Top Destination (2019): United States, $3.92B

Footwear, outer soles/uppers of rubber or plastic, ne are the world's 103rd most traded product.

In 2019, the top exporters of Footwear, outer soles/uppers of rubber or plastic, ne were China ($14.8B), Vietnam ($2.83B), Germany ($1.27B), Belgium ($580M), and Netherlands ($574M).

In 2019, the top importers of Footwear, outer soles/uppers of rubber or plastic, ne were United States ($3.92B), Germany ($1.64B), France ($1.17B), Japan ($1.09B), and United Kingdom ($950M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Vietnam, $424M

Top Destination Growth (2018 - 2019): Philippines, $217M

Between 2018 and 2019, the exports of Footwear, outer soles/uppers of rubber or plastic, ne grew the fastest in Vietnam ($424M), China ($422M), Germany ($104M), Turkey ($65.5M), and India ($57.9M).

Between 2018 and 2019, the fastest growing importers of Footwear, outer soles/uppers of rubber or plastic, ne were Philippines ($217M), Saudi Arabia ($110M), Ukraine ($80.5M), Italy ($75.1M), and Yemen ($68.2M).

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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 Footwear, outer soles/uppers of rubber or plastic, ne.

In 2019,  market concentration measured using Shannon Entropy, was 2.73. This means that most of the exports of Footwear, outer soles/uppers of rubber or plastic, ne are explained by 6 countries.

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TOP NET EXPORTER (2019): China, $14.5B

TOP NET IMPORTER (2019): United States, $3.84B

This map shows which countries export or import more of Footwear, outer soles/uppers of rubber or plastic, ne. Each country is colored based on the difference in exports and imports of Footwear, outer soles/uppers of rubber or plastic, ne during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Footwear, outer soles/uppers of rubber or plastic, ne were China ($14.5B), Vietnam ($2.63B), Cambodia ($355M), Indonesia ($342M), and Brazil ($205M).

In 2019, the countries that had a largest trade value in imports than in exports of Footwear, outer soles/uppers of rubber or plastic, ne were United States ($3.84B), Japan ($1.08B), France ($832M), United Kingdom ($781M), and Russia ($678M).

Import Tariffs

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In 2018, the average tariff for importing Footwear, outer soles/uppers of rubber or plastic, ne was 22.1%.  The countries with the highest tariffs for importing Footwear, outer soles/uppers of rubber or plastic, ne 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.