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2022
Exports $152MWorld Rnk 39 / 219
Flag Rnk 82 / 1127
2022
Destination $11.5M United States
2021 - 2022
FASTEST GROWING MARKET $11.5MUnited States
2022
PRODUCT COMPLEXITY IN Leather Footwear-0.71Rnk 760 / 1025
2022
Imports $340MWorld Rnk 28 / 222
Flag Rnk 104 / 1201
2022
Origin $89M China
2021 - 2022
FASTEST GROWING ORIGIN $89MChina
2022
ECONOMIC COMPLEXITY of Philippines0.71Rnk 37 / 133

About

Exports In 2022, Philippines exported $152M in Leather Footwear, making it the 39th largest exporter of Leather Footwear in the world. At the same year, Leather Footwear was the 82nd most exported product in Philippines. The main destination of Leather Footwear exports from Philippines are: United States ($65.2M), Netherlands ($16.2M), Germany ($10.5M), Poland ($6.24M), and South Korea ($5.12M).

The fastest growing export markets for Leather Footwear of Philippines between 2021 and 2022 were United States ($11.5M), Netherlands ($5.17M), and Poland ($3.25M).

Imports In 2022, Philippines imported $340M in Leather Footwear, becoming the 28th largest importer of Leather Footwear in the world. At the same year, Leather Footwear was the 104th most imported product in Philippines. Philippines imports Leather Footwear primarily from: China ($282M), Vietnam ($15.1M), Singapore ($12.1M), Indonesia ($10M), and Italy ($4.06M).

The fastest growing import markets in Leather Footwear for Philippines between 2021 and 2022 were China ($89M), Vietnam ($9.6M), and Singapore ($5.12M).

COMPANIES In 2023, leading companies such as Michael Kors (1) were at the forefront of shipping Leather Footwear from Philippines to the United States.

Latest Trends

June 2024

About

Overview In June 2024 Philippines' Leather Footwear exports accounted up to $3.27M and imports accounted up to $5.88M, resulting in a negative trade balance of $2.61M. Between June 2023 and June 2024 the exports of Philippines'   Leather Footwear have decreased by $-216k (-6.21%) from $3.49M to $3.27M, while imports decreased by $-4.91M (-45.5%) from $10.8M to $5.88M.

Destinations In June 2024, Leather Footwear were exported mostly to United States ($1.43M), Netherlands ($431k), Singapore ($314k), China ($272k), and Spain ($267k), and were imported mostly from Vietnam ($3.29M), Italy ($994k), Cambodia ($695k), Brazil ($290k), and India ($214k).

Growth In June 2024, the decrease in Leather Footwear's year-by-year exports was explained primarily by a decrease in exports to United States ($-447k or -69.2%), South Korea ($-64.9k or -85%), and Mexico ($-26.2k or -76.4%). In June 2024, the decrease in Leather Footwear's year-by-year imports was explained primarily by a decrease in imports from Germany ($-217k or -73.8%), Netherlands ($-48.8k or -87.9%), and Hong Kong ($-24.1k or -64.9%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-216k(-6.21%)
IMPORT GROWTH (June 2023 - June 2024)$-4.91M(-45.5%)
MAIN DESTINATION (June 2024)United States$1.43M

This section shows Leather Footwear's exports and imports data at subnational level for Philippines. 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 Leather Footwear over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$152M
IMPORTS (2022)$340M
NET TRADE (2022)-$188M

In 2022, Philippines exported $152M in Leather Footwear. The main destinations of Philippines exports on Leather Footwear were United States ($65.2M), Netherlands ($16.2M), Germany ($10.5M), Poland ($6.24M), and South Korea ($5.12M).

In 2022, Philippines imported $340M in Leather Footwear, mainly from China ($282M), Vietnam ($15.1M), Singapore ($12.1M), Indonesia ($10M), and Italy ($4.06M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Leather Footwear EXPORT MARKETS FOR Philippines WERE (2021 - 2022):
United States$11.5M (21.4%)
Netherlands$5.17M (47%)
Poland$3.25M (108%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather Footwear BY Philippines WERE (2021 - 2022):
Austria-$1.57M (-99.9%)
Russia-$1.49M (-98.5%)
Switzerland-$544k (-18.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Philippines's main exporting competitors in Leather Footwear were:
China $12.6B
Vietnam $8.21B
Italy $7.71B
In 2022, Philippines's main importing competitors in Leather Footwear were:
United States $13.4B
Germany $5.99B
France $3.8B

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Trade Value of Leather Footwear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $30.1M
TOP IMPORT POTENTIALVietnam+ $21M

Leather Footwear’s highest export potential is United States. With an export gap of $30.1M.   Leather Footwear’s highest import potential is Vietnam with an import gap of $21M.

See methodology.

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