2022
Exports
$749MWorld Rnk 15 / 219
Flag Rnk 108 / 1193
2022
PRODUCT COMPLEXITY IN Leather Footwear
-0.71Rnk 760 / 1025
2022
Imports
$396MWorld Rnk 26 / 222
Flag Rnk 217 / 1208
2022
ECONOMIC COMPLEXITY of Mexico
1.08Rnk 25 / 133

About

Exports In 2022, Mexico exported $749M in Leather Footwear, making it the 15th largest exporter of Leather Footwear in the world. At the same year, Leather Footwear was the 108th most exported product in Mexico. The main destination of Leather Footwear exports from Mexico are: United States ($705M), Canada ($9.5M), Guatemala ($7.88M), El Salvador ($3.6M), and Costa Rica ($3.12M).

The fastest growing export markets for Leather Footwear of Mexico between 2021 and 2022 were United States ($218M), Canada ($1.92M), and Guatemala ($1.43M).

Imports In 2022, Mexico imported $396M in Leather Footwear, becoming the 26th largest importer of Leather Footwear in the world. At the same year, Leather Footwear was the 217th most imported product in Mexico. Mexico imports Leather Footwear primarily from: China ($81M), Vietnam ($77.7M), Italy ($63.9M), Indonesia ($51.9M), and Spain ($29.3M).

The fastest growing import markets in Leather Footwear for Mexico between 2021 and 2022 were China ($38.2M), Vietnam ($27.8M), and Italy ($18.8M).

COMPANIES In 2023, leading companies such as Amazon (1) and Celebrity Cruises (1) were at the forefront of shipping Leather Footwear from Mexico to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Leather Footwear. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$749M
IMPORTS (2022)$396M
NET TRADE (2022)$353M

In 2022, Mexico exported $749M in Leather Footwear. The main destinations of Mexico exports on Leather Footwear were United States ($705M), Canada ($9.5M), Guatemala ($7.88M), El Salvador ($3.6M), and Costa Rica ($3.12M).

In 2022, Mexico imported $396M in Leather Footwear, mainly from China ($81M), Vietnam ($77.7M), Italy ($63.9M), Indonesia ($51.9M), and Spain ($29.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Leather Footwear EXPORT MARKETS FOR Mexico WERE (2021 - 2022):
United States$218M (44.9%)
Canada$1.92M (25.3%)
Guatemala$1.43M (22.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather Footwear BY Mexico WERE (2021 - 2022):
Australia-$987k (-43%)
France-$532k (-52.9%)
Chile-$438k (-19.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Mexico's main exporting competitors in Leather Footwear were:
China $12.6B
Vietnam $8.21B
Italy $7.71B
In 2022, Mexico's main importing competitors in Leather Footwear were:

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Trade Value of Leather Footwear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $176M
TOP IMPORT POTENTIALChina+ $38.7M

Leather Footwear’s highest export potential is United States. With an export gap of $176M.   Leather Footwear’s highest import potential is China with an import gap of $38.7M.

See methodology.

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