Published
in Economy
In 2023, the landscape of global footwear exports is a dynamic mix of traditional leaders and emerging players. China stands as a dominant force, but notable contributions also come from Italy, the United States, and beyond.
The global footwear export market in 2023 is prominently led by China, which commands a staggering 40.45% of the market share, affirming its position as the world’s top export hub for footwear. Italy follows as a significant contributor with 8.77%, known for its high-quality leather products. The United States, a powerhouse of consumption and production, holds 8.26% of the share.
Vietnam, another key player with a 7.45% share, has steadily increased its footprint in the global market with its competitive manufacturing and quality products. In Europe, Germany contributes 3.60%, reinforcing its role as a significant exporter within the EU.
Countries like Morocco and Tunisia, although not highlighted in the top bracket, play crucial roles in specific niches. Other countries with less than 1% share collectively make up a vital part of the market, ensuring a diverse supply chain.
Footwear exports cover a range of products from athletic shoes to fashion footwear and utility boots. These products not only meet daily consumer needs but also serve specialized industries like sports, fashion, and safety gear manufacturing.
China is the largest exporter of footwear in 2023, with a market share of 40.45%.
Italy is known for its exquisite craftsmanship and high-quality leather products, which contribute to its 8.77% share in the global export market.
Vietnam's competitive manufacturing costs and quality products have helped it capture a 7.45% share in the global footwear export market.
