Rubber Footwear6402 (Harmonized System 1992 for 4-digit)
2019 World Trade: $36B, Rnk 99 / 1217
2019 Top Exporter | Top Importer: $19.4B | $5.56B, China | United States
2019 Product Complexity: -1.22, Rnk 829 / 961
2018 - 2019 Export Growth (CAGR): 3.66%, Rnk 210 / 1217
2018 Mean Tariff: 19.9%, Rnk 109 / 1259
2019 Share of World Trade: 0.2%, Rnk 99 / 1217
Overview This page contains the latest trade data of Rubber Footwear. In 2019, Rubber Footwear were the world's 99th most traded product, with a total trade of $36B. Between 2018 and 2019 the exports of Rubber Footwear grew by 3.66%, from $34.8B to $36B. Trade in Rubber Footwear represent 0.2% of total world trade.
Exports In 2019 the top exporters of Rubber Footwear were China ($19.4B), Vietnam ($3.82B), Germany ($1.85B), Italy ($1.14B), and Belgium ($969M).
Imports In 2019 the top importers of Rubber Footwear were United States ($5.56B), Germany ($2.62B), France ($1.85B), Japan ($1.4B), and United Kingdom ($1.37B).
Tariffs In 2018 the average tariff for Rubber Footwear was 19.9%, making it the 109th 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 829th in the Product Complexity Index (PCI).
Description Footwear with outer soles and uppers of rubber or plastics are used to protect the feet from the elements. They can be made from a variety of materials, including leather, fabric, plastic, and rubber.
Trade By Country
Top Origin (2019): China, $19.4B
Top Destination (2019): United States, $5.56B
Rubber Footwear are the world's 99th most traded product.
In 2019, the top exporters of Rubber Footwear were China ($19.4B), Vietnam ($3.82B), Germany ($1.85B), Italy ($1.14B), and Belgium ($969M).
In 2019, the top importers of Rubber Footwear were United States ($5.56B), Germany ($2.62B), France ($1.85B), Japan ($1.4B), and United Kingdom ($1.37B).
Trade by country
Top Origin Growth (2018 - 2019): Vietnam, $485M
Top Destination Growth (2018 - 2019): Philippines, $223M
Between 2018 and 2019, the exports of Rubber Footwear grew the fastest in Vietnam ($485M), China ($391M), Ghana ($105M), India ($96.3M), and Cambodia ($94.2M).
Between 2018 and 2019, the fastest growing importers of Rubber Footwear were Philippines ($223M), Saudi Arabia ($127M), Nigeria ($108M), China ($97.6M), and Italy ($90.2M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Rubber Footwear.
In 2019, market concentration measured using Shannon Entropy, was 3.07. This means that most of the exports of Rubber Footwear are explained by 8 countries.
TOP NET EXPORTER (2019): China, $19B
TOP NET IMPORTER (2019): United States, $5.42B
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 2019.
In 2019, the countries that had a largest trade value in exports than in imports of Rubber Footwear were China ($19B), Vietnam ($3.6B), Cambodia ($630M), Indonesia ($574M), and Brazil ($383M).
In 2019, the countries that had a largest trade value in imports than in exports of Rubber Footwear were United States ($5.42B), Japan ($1.39B), France ($1.24B), United Kingdom ($1.08B), and Russia ($1.03B).
In 2019, the world most traded Rubber Footwear, disaggragated by their HS6 level were Footwear, outer soles/uppers of rubber or... ($25.1B), Boots, soles/uppers rubber or plastic, over... ($5.08B), Sports footwear nes, soles, uppers of... ($2.77B), Footwear, rubber, plastic, straps fix to... ($1.84B), and Ski-boots etc, outer soles, uppers of... ($1.22B)
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.