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2022
Exports $1.5BWorld Rnk 15 / 225
Flag Rnk 30 / 96
2022
Destination $107M United States
2021 - 2022
FASTEST GROWING MARKET $107MUnited States
2022
PRODUCT COMPLEXITY IN Footwear-0.49Rnk 696 / 1025
2022
Imports $404MWorld Rnk 59 / 225
Flag Rnk 50 / 96
2022
Origin $36.8M Vietnam
2021 - 2022
FASTEST GROWING ORIGIN $36.8MVietnam
2022
ECONOMIC COMPLEXITY of Brazil0.36Rnk 49 / 133

About

Exports In 2022, Brazil exported $1.5B in Footwear, making it the 15th largest exporter of Footwear in the world. At the same year, Footwear was the 30th most exported product in Brazil. The main destination of Footwear exports from Brazil are: United States ($348M), Argentina ($244M), Germany ($72.5M), France ($71.9M), and Ecuador ($55.5M).

The fastest growing export markets for Footwear of Brazil between 2021 and 2022 were United States ($107M), Argentina ($82M), and Ecuador ($24.9M).

Imports In 2022, Brazil imported $404M in Footwear, becoming the 59th largest importer of Footwear in the world. At the same year, Footwear was the 50th most imported product in Brazil. Brazil imports Footwear primarily from: Vietnam ($177M), China ($71.7M), Indonesia ($62.4M), Italy ($30M), and India ($9.97M).

The fastest growing import markets in Footwear for Brazil between 2021 and 2022 were Vietnam ($36.8M), China ($18.7M), and Indonesia ($17.4M).

COMPANIES In 2023, leading companies such as Steve Madden (49), ASOS (6), and Yaheetech (4) were at the forefront of shipping Footwear from Brazil to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Brazil's Footwear exports accounted up to $97.7M and imports accounted up to $44M, resulting in a positive trade balance of $53.6M. Between October 2023 and October 2024 the exports of Brazil's   Footwear have decreased by $-10.6M (-9.76%) from $108M to $97.7M, while imports increased by $11.6M (35.8%) from $32.4M to $44M.

Destinations In October 2024, Footwear were exported mostly to Argentina ($23.8M), United States ($14.8M), Ecuador ($6.95M), Peru ($6.84M), and Colombia ($5.03M), and were imported mostly from Vietnam ($18.9M), Indonesia ($10.8M), China ($5.91M), Italy ($4.08M), and Cambodia ($1.23M).

Growth In October 2024, the decrease in Footwear's year-by-year exports was explained primarily by a decrease in exports to United States ($-2.44M or -9.45%), Israel ($-1.5M or -52%), and Serbia ($-1.23M or -88.6%). In October 2024, the increase in Footwear's year-by-year imports was explained primarily by an increase in imports from Vietnam ($16.7M or 173%), Indonesia ($3.05M or 61.3%), and China ($2.08M or 34.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$-10.6M(-9.76%)
IMPORT GROWTH (October 2023 - October 2024)$11.6M(35.8%)
MAIN EXPORTER (October 2024)Rio Grande Do Sul$56.6M
MAIN DESTINATION (October 2024)Argentina$23.8M

This section shows Footwear's exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Footwear over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.5B
IMPORTS (2022)$404M
NET TRADE (2022)$1.09B

In 2022, Brazil exported $1.5B in Footwear. The main destinations of Brazil exports on Footwear were United States ($348M), Argentina ($244M), Germany ($72.5M), France ($71.9M), and Ecuador ($55.5M).

In 2022, Brazil imported $404M in Footwear, mainly from Vietnam ($177M), China ($71.7M), Indonesia ($62.4M), Italy ($30M), and India ($9.97M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Footwear EXPORT MARKETS FOR Brazil WERE (2021 - 2022):
United States$107M (44.4%)
Argentina$82M (50.5%)
Ecuador$24.9M (81.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Footwear BY Brazil WERE (2021 - 2022):
Germany-$7.03M (-8.85%)
Austria-$4.58M (-72.5%)
Belgium-$3.78M (-38.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Brazil's main exporting competitors in Footwear were:
China $63.5B
Vietnam $27.2B
Italy $13.1B
In 2022, Brazil's main importing competitors in Footwear were:
United States $34B
Germany $15B
France $8.93B

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Trade Value of Footwear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $146M
TOP IMPORT POTENTIALChina+ $61.5M

Footwear’s highest export potential is United States. With an export gap of $146M.   Footwear’s highest import potential is China with an import gap of $61.5M.

See methodology.

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