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640690 (Harmonized System 2012 for 6-digit)

2023
World Trade $3.42BRnk 1042 / 5198
2023
Top Exporter | Top Importer $1.38B | $559MChina | Vietnam
2023
Product Complexity -0.39Rnk 3453 / 5199
2022 - 2023
Export Growth (CAGR) -12.1%Rnk 3327 / 5198
2023
Share of World Trade 0.015%Rnk 1042 / 5198

About

Overview This page contains the latest trade data of Footwear. In 2023, Footwear were the world's 1042nd most traded product, with a total trade of $3.42B. Between 2022 and 2023 the exports of Footwear decreased by -12.1%, from $3.88B to $3.42B. Trade in Footwear represent 0.015% of total world trade.

Footwear are a part of Footwear; parts of footwear; removable in-soles, heel cushions and similar articles; gaiters,....

Exports In 2023 the top exporters of Footwear  were China ($1.38B), Italy ($300M), United States ($282M), Vietnam ($254M), and Germany ($123M).

Imports In 2023 the top importers of Footwear were Vietnam ($559M), Italy ($326M), Indonesia ($222M), Germany ($209M), and United States ($185M).

Ranking Footwear ranks 3453rd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
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$1.38B
Top Destination (2023)Vietnam$559M

In 2023 Footwear were the world's 1042nd most traded product (out of 5,198).

In 2023, the top exporters of Footwear were China ($1.38B), Italy ($300M), United States ($282M), Vietnam ($254M), and Germany ($123M).

In 2023, the top importers of Footwear were Vietnam ($559M), Italy ($326M), Indonesia ($222M), Germany ($209M), and United States ($185M).

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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)Germany$20.6M
Top Destination Growth (2022 -  2023)Kazakhstan$83.5M

Between 2022 and 2023, the exports of Footwear grew the fastest in Germany ($20.6M), Poland ($13.9M), Albania ($13.7M), Romania ($13.2M), and Italy ($9.96M).

Between 2022 and 2023, the fastest growing importers of Footwear were Kazakhstan ($83.5M), Albania ($29M), Poland ($27.1M), Kyrgyzstan ($20.4M), and Philippines ($16.2M).

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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 3.65. This means that most of the exports of Footwear are explained by 12 countries.

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Value of Exports in Footwear

Net Trade

TOP NET EXPORTER (2023)China$1.27B
TOP NET IMPORTER (2023)Vietnam$305M

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 ($1.27B), United States ($97.7M), Albania ($77.3M), Spain ($64.9M), and Chinese Taipei ($64.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Footwear were Vietnam ($305M), Indonesia ($204M), Kazakhstan ($113M), Germany ($86.5M), and Russia ($76.8M).

Net Trade (2023)

Country Comparison

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Measure
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

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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