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Pricing

2022
Exports $2.24BWorld Rnk 13 / 225
Flag Rnk 11 / 96
2022
Destination $33.9M Germany
2021 - 2022
FASTEST GROWING MARKET $33.9MUnited States
2022
PRODUCT COMPLEXITY IN Footwear-0.49Rnk 696 / 1025
2022
Imports $1BWorld Rnk 39 / 225
Flag Rnk 23 / 96
2022
Origin $56.1M Spain
2021 - 2022
FASTEST GROWING ORIGIN $56.1MSpain
2022
ECONOMIC COMPLEXITY of Portugal0.57Rnk 42 / 133

About

Exports In 2022, Portugal exported $2.24B in Footwear, making it the 13th largest exporter of Footwear in the world. At the same year, Footwear was the 11th most exported product in Portugal. The main destination of Footwear exports from Portugal are: Germany ($480M), France ($385M), Netherlands ($323M), Spain ($150M), and United Kingdom ($146M).

The fastest growing export markets for Footwear of Portugal between 2021 and 2022 were United States ($33.9M), United Kingdom ($27M), and Netherlands ($26.7M).

Imports In 2022, Portugal imported $1B in Footwear, becoming the 39th largest importer of Footwear in the world. At the same year, Footwear was the 23rd most imported product in Portugal. Portugal imports Footwear primarily from: Spain ($302M), Germany ($107M), Italy ($94.2M), China ($92M), and France ($82.8M).

The fastest growing import markets in Footwear for Portugal between 2021 and 2022 were Spain ($56.1M), Belgium ($27.3M), and China ($23M).

COMPANIES In 2023, leading companies such as Banana Republic (12), PVH (Phillips-Van Heusen Corporation) (10), and Steve Madden (4) were at the forefront of shipping Footwear from Portugal to the United States.

Latest Trends

October 2024

About

Overview In October 2024 Portugal's Footwear exports accounted up to €169M and imports accounted up to €92M, resulting in a positive trade balance of €77.3M. Between October 2023 and October 2024 the exports of Portugal's   Footwear have increased by €37.9M (28.8%) from €131M to €169M, while imports increased by €23.9M (35.2%) from €68M to €92M.

Destinations In October 2024, Footwear were exported mostly to Germany (€39.6M), France (€31.4M), Spain (€19.8M), United Kingdom (€15M), and United States (€9.19M), and were imported mostly from Spain (€30.6M), Germany (€10.3M), Italy (€8.65M), France (€8.62M), and China (€8.12M).

Growth In October 2024, the increase in Footwear's year-by-year exports was explained primarily by an increase in exports to Netherlands (€4.83M or 20.1%), Germany (€3.89M or 10.8%), and France (€3.72M or 11.7%). In October 2024, the increase in Footwear's year-by-year imports was explained primarily by an increase in imports from Belgium (€4.59M or 136%), Spain (€3.58M or 15.9%), and India (€1.51M or 44.2%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)€37.9M(28.8%)
IMPORT GROWTH (October 2023 - October 2024)€23.9M(35.2%)
MAIN DESTINATION (October 2024)Germany€39.6M

This section shows Footwear's exports and imports data at subnational level for Portugal. 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)$2.24B
IMPORTS (2022)$1B
NET TRADE (2022)$1.24B

In 2022, Portugal exported $2.24B in Footwear. The main destinations of Portugal exports on Footwear were Germany ($480M), France ($385M), Netherlands ($323M), Spain ($150M), and United Kingdom ($146M).

In 2022, Portugal imported $1B in Footwear, mainly from Spain ($302M), Germany ($107M), Italy ($94.2M), China ($92M), and France ($82.8M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Footwear EXPORT MARKETS FOR Portugal WERE (2021 - 2022):
United States$33.9M (35.9%)
United Kingdom$27M (22.7%)
Netherlands$26.7M (8.98%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Footwear BY Portugal WERE (2021 - 2022):
China-$7.69M (-30.5%)
Russia-$6.57M (-40.6%)
Mozambique-$1.68M (-58.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Portugal's main exporting competitors in Footwear were:
China $63.5B
Vietnam $27.2B
Italy $13.1B
In 2022, Portugal'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+ $121M
TOP IMPORT POTENTIALChina+ $63.9M

Footwear’s highest export potential is United States. With an export gap of $121M.   Footwear’s highest import potential is China with an import gap of $63.9M.

See methodology.

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