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Footwear; parts of footwear; removable in-soles, heel cushions and similar articles; gaiters, le.g.ings and similar articles, and parts thereof

6406 (Harmonized System 1992 for 4-digit)

2023
World Trade $9.29BRnk 375 / 1217
2023
Top Exporter | Top Importer $3.98B | $1.3BChina | Vietnam
2023
Product Complexity -0.65Rnk 758 / 1044
2022 - 2023
Export Growth (CAGR) -6.99%Rnk 644 / 1217
2023
Share of World Trade 0.041%Rnk 375 / 1217

About

Overview This page contains the latest trade data of Footwear Parts. In 2023, Footwear Parts were the world's 375th most traded product, with a total trade of $9.29B. Between 2022 and 2023 the exports of Footwear Parts decreased by -6.99%, from $9.99B to $9.29B. Trade in Footwear Parts represent 0.041% of total world trade.

Footwear Parts are a part of Footwear. They include Footwear uppers and parts thereof, except stiffeners, Parts of footwear nes, gaiters and leggings etc, Soles and heels for footwear, of rubber or plastic, and Parts of footwear of wood.

Exports In 2023 the top exporters of Footwear Parts  were China ($3.98B), Vietnam ($761M), Italy ($674M), India ($335M), and United States ($318M).

Imports In 2023 the top importers of Footwear Parts were Vietnam ($1.3B), Italy ($1.18B), Germany ($532M), Indonesia ($385M), and Kazakhstan ($356M).

Ranking Footwear Parts ranks 758th in the Product Complexity Index (PCI).

Description Parts of footwear are used in the production of other goods. They can be made from a variety of materials, including leather, rubber, and plastic.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Footwear Parts. 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$3.98B
Top Destination (2023)Vietnam$1.3B

In 2023 Footwear Parts were the world's 375th most traded product (out of 1,217).

In 2023, the top exporters of Footwear Parts were China ($3.98B), Vietnam ($761M), Italy ($674M), India ($335M), and United States ($318M).

In 2023, the top importers of Footwear Parts were Vietnam ($1.3B), Italy ($1.18B), Germany ($532M), Indonesia ($385M), and Kazakhstan ($356M).

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

Color
Top Origin Growth (2022 -  2023)Germany$71.7M
Top Destination Growth (2022 -  2023)Kazakhstan$287M

Between 2022 and 2023, the exports of Footwear Parts grew the fastest in Germany ($71.7M), Tunisia ($20.1M), Egypt ($17.7M), Serbia ($17.4M), and Romania ($16.3M).

Between 2022 and 2023, the fastest growing importers of Footwear Parts were Kazakhstan ($287M), Kyrgyzstan ($68.3M), Algeria ($57.9M), Russia ($56.5M), and Albania ($45.2M).

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Exporters of Footwear Parts (2022 - 2023)

Importers of Footwear Parts (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.69. This means that most of the exports of Footwear Parts are explained by 12 countries.

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Value of Exports in Footwear Parts

Net Trade

TOP NET EXPORTER (2023)China$3.78B
TOP NET IMPORTER (2023)Vietnam$540M

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

In 2023, the countries that had a largest trade value in exports than in imports of Footwear Parts were China ($3.78B), India ($253M), Albania ($234M), Bosnia and Herzegovina ($123M), and Serbia ($120M).

In 2023, the countries that had a largest trade value in imports than in exports of Footwear Parts were Vietnam ($540M), Italy ($502M), Kazakhstan ($356M), Russia ($344M), and Indonesia ($299M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Footwear Parts, disaggragated by their HS6 level were Footwear uppers and parts thereof, except... ($3.68B), Parts of footwear nes, gaiters and... ($3.43B), Soles and heels for footwear, of... ($2.18B), and Parts of footwear of wood ($103)

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

Top 10 Exporters Countries of Footwear Parts by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $46M
TOP IMPORT POTENTIALVietnam+ $31.9M

Footwear Parts’s highest export potential is India. With an export gap of $46M.  Footwear Parts’s highest import potential is Vietnam with an import gap of $31.9M.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Footwear Parts.

Country by Relatedness

The following visualization shows the relatedness of Footwear Parts to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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