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XII (Harmonized System 1992 for Section)

2023
World Trade $184BRnk 16 / 21
2023
Top Exporter | Top Importer $66.5B | $32.5BChina | United States
2023
Product Complexity 0.38Rnk 9 / 21
2022 - 2023
Export Growth (CAGR) -8.93%Rnk 14 / 21
2023
Share of World Trade 0.81%Rnk 16 / 21

About

Overview This page contains the latest trade data of Footwear and Headwear. In 2023, Footwear and Headwear were the world's 16th most traded product, with a total trade of $184B. Between 2022 and 2023 the exports of Footwear and Headwear decreased by -8.93%, from $202B to $184B. Trade in Footwear and Headwear represent 0.81% of total world trade.

Footwear and Headwear include Footwear, Headgear, Feather articles, feathers, artificial flowers, & articles of human hair, and Umbrellas, walking sticks, & whips.

Exports In 2023 the top exporters of Footwear and Headwear  were China ($66.5B), Vietnam ($29.5B), Italy ($15.2B), Indonesia ($9.43B), and Germany ($8.15B).

Imports In 2023 the top importers of Footwear and Headwear were United States ($32.5B), Germany ($14.7B), France ($10.3B), Italy ($9.35B), and China ($7.11B).

Ranking Footwear and Headwear ranks 9th 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 and Headwear. Countries are shown based on data availability.

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

Explore Latest Trends

* 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$66.5B
Top Destination (2023)United States$32.5B

In 2023 Footwear and Headwear were the world's 16th most traded product (out of 21).

In 2023, the top exporters of Footwear and Headwear were China ($66.5B), Vietnam ($29.5B), Italy ($15.2B), Indonesia ($9.43B), and Germany ($8.15B).

In 2023, the top importers of Footwear and Headwear were United States ($32.5B), Germany ($14.7B), France ($10.3B), Italy ($9.35B), and China ($7.11B).

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

Color
Top Origin Growth (2022 -  2023)France$515M
Top Destination Growth (2022 -  2023)Russia$1.31B

Between 2022 and 2023, the exports of Footwear and Headwear grew the fastest in France ($515M), Italy ($504M), Netherlands ($321M), Poland ($183M), and Germany ($162M).

Between 2022 and 2023, the fastest growing importers of Footwear and Headwear were Russia ($1.31B), China ($736M), Vietnam ($542M), Turkey ($482M), and Poland ($362M).

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Exporters of Footwear and Headwear (2022 - 2023)

Importers of Footwear and Headwear (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.76. This means that most of the exports of Footwear and Headwear are explained by 13 countries.

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Value of Exports in Footwear and Headwear

Net Trade

TOP NET EXPORTER (2023)China$59.4B
TOP NET IMPORTER (2023)United States$31B

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

In 2023, the countries that had a largest trade value in exports than in imports of Footwear and Headwear were China ($59.4B), Vietnam ($26.8B), Indonesia ($8.27B), Italy ($5.88B), and India ($3B).

In 2023, the countries that had a largest trade value in imports than in exports of Footwear and Headwear were United States ($31B), France ($6.58B), Germany ($6.52B), Japan ($5.93B), and United Kingdom ($5.54B).

Net Trade (2023)

Disaggregation

Value
Disaggregation

In 2023, the world most traded Footwear and Headwear, disaggragated by their HS6 level were Footwear ($158B), Headgear ($13.8B), Feather articles, feathers, artificial flowers, &... ($8.69B), and Umbrellas, walking sticks, & whips ($3.61B)

HS6 Disaggregation for Footwear and Headwear (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 and Headwear.
It is possible to select the main countries that export or import Footwear and Headwear in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Footwear and Headwear by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $761M
TOP IMPORT POTENTIALVietnam+ $964M

Footwear and Headwear’s highest export potential is India. With an export gap of $761M.  Footwear and Headwear’s highest import potential is Vietnam with an import gap of $964M.

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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