While China maintained its position as the world’s top footwear exporter in 2024, its growth was limited. Shipments reached 9.2 billion pairs, valued at $46.9 billion, representing a 2% volume increase but a 7% value decrease compared to 2023, with an average price of $5.1 per pair.
Conversely, Vietnam and Indonesia, ranked second and third in 2023, showed significant growth. Their footwear exports rose by 13% to $20.7 billion and 9% to $6.4 billion, respectively, from January to November 2024, compared to the same period in 2023.
In Asia, India, the sixth-largest exporter in 2023, saw a mixed result. Volume increased by 3% to 240 million pairs in the first eleven months, but value declined by 2% to $2.0 billion year-over-year.
Within Europe, Spain stood out. After entering the top ten exporters in 2023, it experienced a 9% volume and 10% value increase in its exports, reaching 162.6 million pairs and 3.4 billion euros, respectively, from January to November 2024, compared to the same period in 2023.