HS Icon Leather Footwear

6403 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $55B, Rnk 60 / 1217

2019
Top Exporter | Top Importer
: $10.7B | $10.2B, China | United States

2019
Product Complexity
: -0.91, Rnk 759 / 961

2018 - 2019
Export Growth (CAGR)
: 1.02%, Rnk 328 / 1217

2018
Mean Tariff
: 20.2%, Rnk 105 / 1259

 2019
Share of World Trade
: 0.3%, Rnk 60 / 1217

Overview:  This page contains the latest trade data of Leather Footwear. In 2019, Leather Footwear were the world's 60th most traded product, with a total trade of $55B. Between 2018 and 2019 the exports of Leather Footwear grew by 1.02%, from  $54.5B to $55B. Trade in Leather Footwear represent 0.3% of total world trade.

Exports: In 2019 the top exporters of Leather Footwear  were China ($10.7B), Italy ($7.7B), Vietnam ($6.43B), Germany ($3.65B), and Indonesia ($2.26B).

Imports: In 2019 the top importers of Leather Footwear were United States ($10.2B), Germany ($6.11B), France ($3.78B), United Kingdom ($3.24B), and Italy ($3.04B).

Tariffs: In 2018 the average tariff for Leather Footwear was 20.2%, making it the 105th 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 759th in the Product Complexity Index (PCI).

Description: Footwear with outer soles of rubber, plastics, leather or composition leather and uppers of leather (excl. orthopaedic footwear, skating boots with ice or roller skates attached, and toy footwear) are used to protect the feet from harsh weather conditions.

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $10.7B

Top Destination (2019): United States, $10.2B

Leather Footwear are the world's 60th most traded product.

In 2019, the top exporters of Leather Footwear were China ($10.7B), Italy ($7.7B), Vietnam ($6.43B), Germany ($3.65B), and Indonesia ($2.26B).

In 2019, the top importers of Leather Footwear were United States ($10.2B), Germany ($6.11B), France ($3.78B), United Kingdom ($3.24B), and Italy ($3.04B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Vietnam, $638M

Top Destination Growth (2018 - 2019): Poland, $336M

Between 2018 and 2019, the exports of Leather Footwear grew the fastest in Vietnam ($638M), Poland ($210M), Germany ($148M), France ($93.9M), and Netherlands ($78.9M).

Between 2018 and 2019, the fastest growing importers of Leather Footwear were Poland ($336M), United States ($205M), Philippines ($177M), Switzerland ($155M), and China ($126M).

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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 Leather Footwear.

In 2019,  market concentration measured using Shannon Entropy, was 4.38. This means that most of the exports of Leather Footwear are explained by 20 countries.

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TOP NET EXPORTER (2019): China, $9.38B

TOP NET IMPORTER (2019): United States, $9.87B

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 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Leather Footwear were China ($9.38B), Vietnam ($6.33B), Italy ($4.66B), Indonesia ($2.16B), and India ($2.07B).

In 2019, the countries that had a largest trade value in imports than in exports of Leather Footwear were United States ($9.87B), Germany ($2.45B), United Kingdom ($2.21B), France ($1.78B), and Switzerland ($1.44B).

Disaggregation

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Value

In 2019, the world most traded Leather Footwear, disaggragated by their HS6 level were Footwear, sole rubber, plastics uppers of... ($29.5B), Boots, sole rubber or plastic upper... ($14B), Footwear, outer soles and uppers of... ($4.36B), Footwear, uppers of leather with metal... ($2.77B), and Footwear, soles, uppers of leather, over... ($2.08B)

Import Tariffs

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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%).

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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.