2023
Exports
$1.96BWorld Rnk 7 / 222
Flag Rnk 5 / 1213
2023
PRODUCT COMPLEXITY IN Leather Footwear
-0.76Rnk 773 / 1025
2023
Imports
$285MWorld Rnk 32 / 224
Flag Rnk 85 / 1211
2023
ECONOMIC COMPLEXITY of Portugal
0.57Rnk 42 / 132

About

Exports In 2023, Portugal exported $1.96B in Leather Footwear, making it the 7th largest exporter of Leather Footwear in the world. At the same year, Leather Footwear was the 5th most exported product in Portugal. The main destination of Leather Footwear exports from Portugal are: Germany ($416M), France ($279M), Netherlands ($251M), United States ($165M), and United Kingdom ($137M).

The fastest growing export markets for Leather Footwear of Portugal between 2022 and 2023 were Poland ($16.2M), Ireland ($9.36M), and Turkey ($6.97M).

Imports In 2023, Portugal imported $285M in Leather Footwear, becoming the 32nd largest importer of Leather Footwear in the world. At the same year, Leather Footwear was the 85th most imported product in Portugal. Portugal imports Leather Footwear primarily from: Spain ($84.2M), Belgium ($43.7M), Italy ($35M), Germany ($27.7M), and Netherlands ($26.5M).

The fastest growing import markets in Leather Footwear for Portugal between 2022 and 2023 were Spain ($9.15M), Belgium ($8.75M), and Germany ($6.1M).

COMPANIES In 2023, leading companies such as Banana Republic (12), PVH (Phillips-Van Heusen Corporation) (9), and Home Depot (2) were at the forefront of shipping Leather Footwear from Portugal to the United States.

Latest Trends

Dec 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 (2023)$1.96B
IMPORTS (2023)$285M
NET TRADE (2023)$1.67B

In 2023, Portugal exported $1.96B in Leather Footwear. The main destinations of Portugal exports on Leather Footwear were Germany ($416M), France ($279M), Netherlands ($251M), United States ($165M), and United Kingdom ($137M).

In 2023, Portugal imported $285M in Leather Footwear, mainly from Spain ($84.2M), Belgium ($43.7M), Italy ($35M), Germany ($27.7M), and Netherlands ($26.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Leather Footwear EXPORT MARKETS FOR Portugal WERE (2022 - 2023):
Poland$16.2M (40.7%)
Ireland$9.36M (82.1%)
Turkey$6.97M (82.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather Footwear BY Portugal WERE (2022 - 2023):
Netherlands-$75.2M (-23%)
United States-$24.4M (-12.9%)
Denmark-$17.4M (-19.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Portugal's main exporting competitors in Leather Footwear were:
China $10.1B
Italy $9.05B
In 2023, Portugal'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+ $93.2M
TOP IMPORT POTENTIALChina+ $14.7M

Leather Footwear’s highest export potential is United States. With an export gap of $93.2M.   Leather Footwear’s highest import potential is China with an import gap of $14.7M.

See methodology.

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