HS Icon Footwear,sole rubber/plastic,upper textile, not sport

640419 (Harmonized System 1992 for 6-digit)

 2019
World Trade
: $25.7B, Rnk 99 / 4648

2019
Top Exporter | Top Importer
: $12.3B | $5.1B, China | United States

2019
Product Complexity
: -1.16, Rnk 4110 / 4826

2018 - 2019
Export Growth (CAGR)
: 3.93%, Rnk 887 / 4648

2018
Mean Tariff
: 22.1%, Rnk 475 / 6538

 2019
Share of World Trade
: 0.14%, Rnk 99 / 4648

Overview:  This page contains the latest trade data of Footwear,sole rubber/plastic,upper textile, not sport. In 2019, Footwear,sole rubber/plastic,upper textile, not sport were the world's 99th most traded product, with a total trade of $25.7B. Between 2018 and 2019 the exports of Footwear,sole rubber/plastic,upper textile, not sport grew by 3.93%, from  $24.7B to $25.7B. Trade in Footwear,sole rubber/plastic,upper textile, not sport represent 0.14% of total world trade.

Exports: In 2019 the top exporters of Footwear,sole rubber/plastic,upper textile, not sport  were China ($12.3B), Vietnam ($4.24B), Italy ($1.24B), Germany ($1.11B), and Cambodia ($641M).

Imports: In 2019 the top importers of Footwear,sole rubber/plastic,upper textile, not sport were United States ($5.1B), Germany ($2.02B), France ($1.27B), Japan ($1.23B), and United Kingdom ($1.22B).

Tariffs: In 2018 the average tariff for Footwear,sole rubber/plastic,upper textile, not sport was 22.1%, making it the 475th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Footwear,sole rubber/plastic,upper textile, not sport 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,sole rubber/plastic,upper textile, not sport ranks 4110th in the Product Complexity Index (PCI).

Description: The shoes are designed to protect the foot from the ground, and from water and other debris. The soles of the shoes are made of rubber or plastic to protect the foot from the ground and other debris, and to allow the foot to grip surfaces. The uppers are made of textiles, such as canvas, to protect the foot from the ground and other debris. The shoes are not used for sports.

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $12.3B

Top Destination (2019): United States, $5.1B

Footwear,sole rubber/plastic,upper textile, not sport are the world's 99th most traded product.

In 2019, the top exporters of Footwear,sole rubber/plastic,upper textile, not sport were China ($12.3B), Vietnam ($4.24B), Italy ($1.24B), Germany ($1.11B), and Cambodia ($641M).

In 2019, the top importers of Footwear,sole rubber/plastic,upper textile, not sport were United States ($5.1B), Germany ($2.02B), France ($1.27B), Japan ($1.23B), and United Kingdom ($1.22B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Vietnam, $343M

Top Destination Growth (2018 - 2019): Germany, $136M

Between 2018 and 2019, the exports of Footwear,sole rubber/plastic,upper textile, not sport grew the fastest in Vietnam ($343M), Germany ($258M), Italy ($216M), Cambodia ($98.6M), and Poland ($77.7M).

Between 2018 and 2019, the fastest growing importers of Footwear,sole rubber/plastic,upper textile, not sport were Germany ($136M), Switzerland ($128M), Poland ($128M), Russia ($83.7M), and United States ($73.5M).

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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,sole rubber/plastic,upper textile, not sport.

In 2019,  market concentration measured using Shannon Entropy, was 3.13. This means that most of the exports of Footwear,sole rubber/plastic,upper textile, not sport are explained by 8 countries.

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TOP NET EXPORTER (2019): China, $11.2B

TOP NET IMPORTER (2019): United States, $5.01B

This map shows which countries export or import more of Footwear,sole rubber/plastic,upper textile, not sport. Each country is colored based on the difference in exports and imports of Footwear,sole rubber/plastic,upper textile, not sport during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Footwear,sole rubber/plastic,upper textile, not sport were China ($11.2B), Vietnam ($4.15B), Cambodia ($638M), Indonesia ($421M), and Italy ($378M).

In 2019, the countries that had a largest trade value in imports than in exports of Footwear,sole rubber/plastic,upper textile, not sport were United States ($5.01B), Japan ($1.22B), United Kingdom ($973M), Germany ($907M), and France ($655M).

Import Tariffs

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In 2018, the average tariff for importing Footwear,sole rubber/plastic,upper textile, not sport was 22.1%.  The countries with the highest tariffs for importing Footwear,sole rubber/plastic,upper textile, not sport 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.