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Pricing

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)

2022
World Trade $10.4BRnk 367 / 1218
2022
Top Exporter | Top Importer $4.26B | $1.43BChina | Vietnam
2022
Product Complexity -0.62Rnk 740 / 1033
2021 - 2022
Export Growth (CAGR) 16.6%Rnk 245 / 1218
2022
Share of World Trade 0.044%Rnk 367 / 1218

About

Overview This page contains the latest trade data of Footwear Parts. In 2022, Footwear Parts were the world's 367th most traded product, with a total trade of $10.4B. Between 2021 and 2022 the exports of Footwear Parts grew by 16.6%, from $8.93B to $10.4B. Trade in Footwear Parts represent 0.044% 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 2022 the top exporters of Footwear Parts  were China ($4.26B), Vietnam ($846M), Italy ($811M), United States ($402M), and India ($332M).

Imports In 2022 the top importers of Footwear Parts were Vietnam ($1.43B), Italy ($1.24B), Germany ($554M), Indonesia ($495M), and Cambodia ($453M).

Ranking Footwear Parts ranks 740th 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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Y-AXIS SCALE

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 (2022)China$4.26B
Top Destination (2022)Vietnam$1.43B

In 2022 Footwear Parts were the world's 367th most traded product (out of 1,218).

In 2022, the top exporters of Footwear Parts were China ($4.26B), Vietnam ($846M), Italy ($811M), United States ($402M), and India ($332M).

In 2022, the top importers of Footwear Parts were Vietnam ($1.43B), Italy ($1.24B), Germany ($554M), Indonesia ($495M), and Cambodia ($453M).

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Exporters of Footwear Parts (2022)
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Importers of Footwear Parts (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$758M
Top Destination Growth (2021 -  2022)Vietnam$222M

Between 2021 and 2022, the exports of Footwear Parts grew the fastest in China ($758M), Vietnam ($213M), India ($63.3M), Italy ($62.1M), and United States ($53.4M).

Between 2021 and 2022, the fastest growing importers of Footwear Parts were Vietnam ($222M), Italy ($141M), Indonesia ($129M), United States ($89.2M), and Cambodia ($67.1M).

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Exporters of Footwear Parts (2021 - 2022)

Importers of Footwear Parts (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.81. This means that most of the exports of Footwear Parts are explained by 13 countries.

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Value of Exports in Footwear Parts

Net Trade

TOP NET EXPORTER (2022)China$3.95B
TOP NET IMPORTER (2022)Vietnam$584M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Footwear Parts were China ($3.95B), Albania ($226M), India ($214M), Chinese Taipei ($153M), and Brazil ($131M).

In 2022, the countries that had a largest trade value in imports than in exports of Footwear Parts were Vietnam ($584M), Italy ($429M), Cambodia ($423M), Indonesia ($386M), and Germany ($335M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Footwear Parts, disaggragated by their HS6 level were Parts of footwear nes, gaiters and... ($4.04B), Footwear uppers and parts thereof, except... ($4B), Soles and heels for footwear, of... ($2.36B), and Parts of footwear of wood ($783)

HS6 Disaggregation for Footwear Parts (2022)
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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.

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 (2022)

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 (2022)

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