2022: exports of footwear on the rise

Footwear exports continued to increase in 2022 and recorded growth of 9% (after a 7.4% increase in 2021), reaching a total of 15.2 billion pairs. This represents a volume of exported footwear above pre-pandemic levels but still below the record of 2014 (15.7 billion pairs). 

In terms of value, footwear exports worldwide soared to a new record high of 175.2 billion dollars in 2022, marking a substantial increase of 16.1% over the previous year and an impressive surge of 42.9% over the past decade.

Although most footwear exports (volume) originate from Asian countries, this percentage has slightly declined over the past decade from 85.3% to 83.9%. Conversely, the share of exports from European countries has increased from 11.4% to 13.2%.

China stands out as the origin of over 60% of total exports. However, its share has declined by more than 10 percentage points over the last decade. Vietnam has emerged as the main beneficiary of this reduction, significantly increasing its own share from 2% to nearly 10%.