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2022
Exports $21.6MWorld Rnk 38 / 167
Flag Rnk 658 / 1210
2022
Destination $2.6M United States
2021 - 2022
FASTEST GROWING MARKET $2.6MUnited States
2022
PRODUCT COMPLEXITY IN Footwear Parts-0.62Rnk 735 / 1025
2022
Imports $54.9MWorld Rnk 39 / 207
Flag Rnk 685 / 1213
2022
Origin $3.4M China
2021 - 2022
FASTEST GROWING ORIGIN $3.4MChina
2022
ECONOMIC COMPLEXITY of Canada0.92Rnk 31 / 133

About

Exports In 2022, Canada exported $21.6M in Footwear Parts, making it the 38th largest exporter of Footwear Parts in the world. At the same year, Footwear Parts was the 658th most exported product in Canada. The main destination of Footwear Parts exports from Canada are: United States ($18.8M), China ($962k), Cambodia ($617k), Nigeria ($382k), and Canada ($102k).

The fastest growing export markets for Footwear Parts of Canada between 2021 and 2022 were United States ($2.6M), Cambodia ($617k), and Nigeria ($135k).

Imports In 2022, Canada imported $54.9M in Footwear Parts, becoming the 39th largest importer of Footwear Parts in the world. At the same year, Footwear Parts was the 685th most imported product in Canada. Canada imports Footwear Parts primarily from: China ($27.6M), United States ($5.81M), Cambodia ($4.07M), Chinese Taipei ($3.34M), and Vietnam ($2.82M).

The fastest growing import markets in Footwear Parts for Canada between 2021 and 2022 were China ($3.4M), United States ($1.76M), and Vietnam ($1.08M).

Latest Trends

June 2024

About

Overview In June 2024 Canada's Footwear Parts exports accounted up to C$1.28M and imports accounted up to C$6.62M, resulting in a negative trade balance of C$5.34M. Between June 2023 and June 2024 the exports of Canada's   Footwear Parts have increased by C$85.1k (7.11%) from C$1.2M to C$1.28M, while imports increased by C$1.07M (19.2%) from C$5.56M to C$6.62M.

Destinations In June 2024, Footwear Parts were exported mostly to United States (C$971k), Albania (C$247k), Nigeria (C$54.8k), Italy (C$7.19k), and Japan (C$1.6k), and were imported mostly from China (C$3.76M), Cambodia (C$710k), United States (C$623k), Vietnam (C$400k), and South Korea (C$260k).

Growth In June 2024, the increase in Footwear Parts's year-by-year exports was explained primarily by an increase in exports to United States (C$132k or 16.1%), Germany (C$5.16k or 3.15k%), and Finland (C$1.73k or 31.5%). In June 2024, the increase in Footwear Parts's year-by-year imports was explained primarily by an increase in imports from China (C$742k or 48.1%), United States (C$177k or 55.2%), and Cambodia (C$167k or 216%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)C$85.1k(7.11%)
IMPORT GROWTH (June 2023 - June 2024)C$1.07M(19.2%)
MAIN EXPORTER (June 2024)OntarioC$986k
MAIN DESTINATION (June 2024)United StatesC$971k

This section shows Footwear Parts's exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Footwear Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$21.6M
IMPORTS (2022)$54.9M
NET TRADE (2022)-$33.3M

In 2022, Canada exported $21.6M in Footwear Parts. The main destinations of Canada exports on Footwear Parts were United States ($18.8M), China ($962k), Cambodia ($617k), Nigeria ($382k), and Canada ($102k).

In 2022, Canada imported $54.9M in Footwear Parts, mainly from China ($27.6M), United States ($5.81M), Cambodia ($4.07M), Chinese Taipei ($3.34M), and Vietnam ($2.82M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Footwear Parts EXPORT MARKETS FOR Canada WERE (2021 - 2022):
United States$2.6M (16.1%)
Cambodia$617k (1%)
Nigeria$135k (54.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Footwear Parts BY Canada WERE (2021 - 2022):
United Kingdom-$68.3k (-65.1%)
Norway-$52.3k (-88.6%)
Denmark-$48.6k (-42.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Canada's main exporting competitors in Footwear Parts were:
China $4.26B
Vietnam $846M
Italy $811M
In 2022, Canada's main importing competitors in Footwear Parts were:
Vietnam $1.43B
Italy $1.24B
Germany $554M

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Trade Value of Footwear Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.08M
TOP IMPORT POTENTIALChina+ $6.41M

Footwear Parts’s highest export potential is United States. With an export gap of $6.08M.   Footwear Parts’s highest import potential is China with an import gap of $6.41M.

See methodology.

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