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Pricing

Footwear; gaiters and the like; parts of such articles

64 (Harmonized System 1992 for 2-digit)

2023
World Trade $158BRnk 27 / 96
2023
Top Exporter | Top Importer $51.6B | $26.2BChina | United States
2023
Product Complexity 0.17Rnk 42 / 96
2022 - 2023
Export Growth (CAGR) -8.48%Rnk 59 / 96
2023
Share of World Trade 0.7%Rnk 27 / 96

About

Overview This page contains the latest trade data of Footwear. In 2023, Footwear were the world's 27th most traded product, with a total trade of $158B. Between 2022 and 2023 the exports of Footwear decreased by -8.48%, from $172B to $158B. Trade in Footwear represent 0.7% of total world trade.

Footwear are a part of Footwear and Headwear. They include Leather Footwear, Rubber Footwear, Textile Footwear, Footwear Parts, Other Footwear, and Waterproof Footwear.

Exports In 2023 the top exporters of Footwear  were China ($51.6B), Vietnam ($28.4B), Italy ($14.4B), Indonesia ($8.94B), and Germany ($7.44B).

Imports In 2023 the top importers of Footwear were United States ($26.2B), Germany ($13.2B), France ($9.1B), Italy ($8.57B), and China ($5.58B).

Ranking Footwear ranks 42nd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

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

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$51.6B
Top Destination (2023)United States$26.2B

In 2023 Footwear were the world's 27th most traded product (out of 96).

In 2023, the top exporters of Footwear were China ($51.6B), Vietnam ($28.4B), Italy ($14.4B), Indonesia ($8.94B), and Germany ($7.44B).

In 2023, the top importers of Footwear were United States ($26.2B), Germany ($13.2B), France ($9.1B), Italy ($8.57B), and China ($5.58B).

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Exporters of Footwear (2023)
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Importers of Footwear (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Italy$518M
Top Destination Growth (2022 -  2023)Russia$1.24B

Between 2022 and 2023, the exports of Footwear grew the fastest in Italy ($518M), France ($480M), Netherlands ($259M), Poland ($200M), and Germany ($169M).

Between 2022 and 2023, the fastest growing importers of Footwear were Russia ($1.24B), Poland ($459M), Turkey ($456M), Vietnam ($440M), and China ($350M).

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Exporters of Footwear (2022 - 2023)

Importers of Footwear (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Footwear.

In 2023, market concentration measured using Shannon Entropy, was 3.77. This means that most of the exports of Footwear are explained by 13 countries.

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Value of Exports in Footwear

Net Trade

TOP NET EXPORTER (2023)China$46B
TOP NET IMPORTER (2023)United States$25.2B

This map shows which countries export or import more of Footwear. Each country is colored based on the difference in exports and imports of Footwear during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Footwear were China ($46B), Vietnam ($26B), Indonesia ($7.95B), Italy ($5.85B), and Belgium ($2.71B).

In 2023, the countries that had a largest trade value in imports than in exports of Footwear were United States ($25.2B), France ($5.8B), Germany ($5.72B), Japan ($4.99B), and United Kingdom ($4.82B).

Net Trade (2023)

Disaggregation

Value
Disaggregation

In 2023, the world most traded Footwear, disaggragated by their HS6 level were Leather Footwear ($57.3B), Textile Footwear ($45.4B), Rubber Footwear ($40.3B), Footwear Parts ($9.29B), and Other Footwear ($3.91B)

HS6 Disaggregation for Footwear (2023)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Footwear.
It is possible to select the main countries that export or import Footwear in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Footwear by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALRussia+ $648M
TOP IMPORT POTENTIALVietnam+ $943M

Footwear’s highest export potential is Russia. With an export gap of $648M.  Footwear’s highest import potential is Vietnam with an import gap of $943M.

See methodology.

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Product Complexity

Diversification Frontier

Specialization

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.

Relatedness vs Country Complexity (2023)

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