Footwear is a daily requirement for people all over the world serving different habitual activities of mankind. The use of different materials like leather, plastic, and synthetic fibers ensures the quality and longer shelf life increasing demands among the users. The increasing disposable income, changing trends, and rise in e-commerce are some of the factors behind the extensive growth of its global popularity. Ranging from normal slippers to running shoes and sportswear different products are getting hikes in their trade rate.
The thriving global demands and the extensive production capabilities of the producing industries have recorded a total trade value of 500 billion US dollars in 2023 with a staggering import rate of 320 billion US dollars.
Summary of Footwear Import
Total trade value of footwear import 2023 – 500 billion US dollars Import Trade Value of footwear 2023 – 320 billion US dollars Top import partners – United States Top footwear producing companies – Nike Inc
Top Footwear Importers in 2023
The increasing global popularity and affectivity of the use of slippers in daily life style has indulged the importers import more of its kind for balancing the trade rates. According to the Footwear Import Data, the top 10 importers of footwear in 2023 with their trade values are discussed below,
• United States – According to the USA Import Data, the valuation of footwear imports in 2023 – 35 billion US dollars.
• Germany – According to the Germany Import Data, the valuation of footwear imports in 2023 – 28 billion US dollars.
• Japan – According to the Japan Import Data, valuation of footwear imports in 2023 – 20 billion US dollars.
• United Kingdom – According to the United Kingdom Import Data, valuation of footwear imports in 2023 – 18 billion US dollars.
• France – According to the France Import Data, valuation of footwear imports in 2023 – 15 billion US dollars.
• Canada – According to the Canada Import Data, valuation of footwear imports in 2023 – 10 billion US dollars.
• Italy – According to the Italy Import Data, valuation of footwear imports in 2023 – 8 billion US dollars.
• Russia – According to the Russia Import Data, valuation of footwear imports in 2023 – 7 billion US dollars.
• Netherlands – According to the Netherlands Import Data, valuation of footwear imports in 2023 – 6 billion US dollars.
• Spain – According to the Spain Import Data, valuation of footwear imports in 2023 – 5 billion US dollars.
Top Global Footwear Producing Companies
All the global imports and exports of this globally sought commodity are maintained by its producing factors i.e. the manufacturing industries. According to the Footwear Trade Data, the top 10 global producers of footwear in 2023 with their trade values are discussed below,
• Nike Inc – Valuation of production – 30 billion US dollars
Variations of Slipper
a. Air Jordan b. Nike Air Max c. Converse d. Nike SB e. Nike Free Run
• Adidas AG – Valuation of production – 20 billion US dollars
• China National Chemical Corporation – Valuation of production – 1 billion US dollars.
Variations of Slipper
1. Anta Sports 2. Belle International 3. Feiyue 4. Aokang Group 5. Fuguiniao Co., Ltd
Global Trade Statistics of Footwear Import: Last 10 Years
• Global trade value of footwear in 2013 – 191 billion US dollars
• Global trade value of footwear in 2014 – 188 billion US dollars
• Global trade value of footwear in 2015 – 138 billion US dollars
• Global trade value of footwear in 2016 – 141 billion US dollars
• Global trade value of footwear in 2017 – 109 billion US dollars
• Global trade value of footwear in 2018 – 170 billion US dollars
• Global trade value of footwear in 2019 – 161 billion US dollars
• Global trade value of footwear in 2020 – 217 billion US dollars
• Global trade value of footwear in 2021 – 235 billion US dollars
• Global trade value of footwear in 2022 – 280 billion US dollars
FAQ’s
Que. What is the total trade value of footwear in 2023? Ans. The total trade value of footwear in 2023 is 500 billion US dollars.
Que. What is the import trade rate of footwear in 2023? Ans. The import trade rate of footwear in 2023 is 320 billion US dollars.
Que. Where can you get the detailed trade analysis of footwear in 2023? Ans. At Import Globals you can get the detailed trade analysis of footwear in 2023.