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845320 (Harmonized System 1992 for 6-digit)

2022
World Trade $507MRnk 2920 / 4648
2022
Top Exporter | Top Importer $286M | $105MChina | Indonesia
2022
Product Complexity -0.04Rnk 2576 / 4653
2021 - 2022
Export Growth (CAGR) 13.8%Rnk 1222 / 4648
2022
Share of World Trade 0.0021%Rnk 2920 / 4648

About

Overview This page contains the latest trade data of Machinery for making or repairing footwear. In 2022, Machinery for making or repairing footwear were the world's 2920th most traded product, with a total trade of $507M. Between 2021 and 2022 the exports of Machinery for making or repairing footwear grew by 13.8%, from $445M to $507M. Trade in Machinery for making or repairing footwear represent 0.0021% of total world trade.

Machinery for making or repairing footwear are a part of Leather Machinery.

Exports In 2022 the top exporters of Machinery for making or repairing footwear  were China ($286M), Italy ($69.3M), Chinese Taipei ($59.2M), South Korea ($33.9M), and Germany ($14.7M).

Imports In 2022 the top importers of Machinery for making or repairing footwear were Indonesia ($105M), Vietnam ($84.8M), India ($49.9M), Bangladesh ($29.6M), and Cambodia ($19.9M).

Ranking Machinery for making or repairing footwear ranks 2576th in the Product Complexity Index (PCI).

Description Many different types of machinery are used to make footwear. For example, a machine could be used to stitch the sole to the upper, and another machine could be used to cut the outsole to size.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Machinery for making or repairing footwear. 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$286M
Top Destination (2022)Indonesia$105M

In 2022 Machinery for making or repairing footwear were the world's 2920th most traded product (out of 4,648).

In 2022, the top exporters of Machinery for making or repairing footwear were China ($286M), Italy ($69.3M), Chinese Taipei ($59.2M), South Korea ($33.9M), and Germany ($14.7M).

In 2022, the top importers of Machinery for making or repairing footwear were Indonesia ($105M), Vietnam ($84.8M), India ($49.9M), Bangladesh ($29.6M), and Cambodia ($19.9M).

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Exporters of Machinery for making or repairing footwear (2022)
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Importers of Machinery for making or repairing footwear (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$62.9M
Top Destination Growth (2021 -  2022)Indonesia$12M

Between 2021 and 2022, the exports of Machinery for making or repairing footwear grew the fastest in China ($62.9M), Italy ($7.99M), Spain ($1.97M), Brazil ($1.93M), and Germany ($1.26M).

Between 2021 and 2022, the fastest growing importers of Machinery for making or repairing footwear were Indonesia ($12M), Bangladesh ($11.5M), Mexico ($5.97M), India ($5.24M), and Burma ($4.73M).

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Exporters of Machinery for making or repairing footwear (2021 - 2022)

Importers of Machinery for making or repairing footwear (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Machinery for making or repairing footwear.

In 2022, market concentration measured using Shannon Entropy, was 2.34. This means that most of the exports of Machinery for making or repairing footwear are explained by 5 countries.

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Value of Exports in Machinery for making or repairing footwear

Net Trade

TOP NET EXPORTER (2022)China$279M
TOP NET IMPORTER (2022)Indonesia$104M

This map shows which countries export or import more of Machinery for making or repairing footwear. Each country is colored based on the difference in exports and imports of Machinery for making or repairing footwear during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Machinery for making or repairing footwear were China ($279M), Chinese Taipei ($57.5M), Italy ($56.5M), South Korea ($31.7M), and Germany ($6.03M).

In 2022, the countries that had a largest trade value in imports than in exports of Machinery for making or repairing footwear were Indonesia ($104M), Vietnam ($82.8M), India ($49.3M), Cambodia ($19.9M), and Mexico ($13.1M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Machinery for making or repairing footwear.
It is possible to select the main countries that export or import Machinery for making or repairing footwear in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Machinery for making or repairing footwear by percentage of total exports

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)

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