India And Bangladesh Surpass China In Footwear Supply To USA

In terms of footwear supply to the United States, India and Bangladesh outperform China. In 2022, US footwear imports from China did not reach 2018 levels. However, imports from Bangladesh more than tripled, and imports from India increased by more than 75% in the last five years. Despite these changes, China remained the world's leading footwear supplier by a wide margin.

In 2022, US footwear imports from China were valued at $13.802 billion, up from $11.242 billion in 2021. Imports peaked at $14.027 billion in 2018, but have since fallen to $13.224 billion. According to sources, the COVID-19 pandemic in 2020 resulted in a sharp drop in imports, which fell to $8.264 billion.

Nonetheless, after COVID-related disruptions in 2020, US footwear imports from Bangladesh quickly recovered. Imports decreased to $144.167 million in 2020 from $156.293 million in 2019, but increased to $266.312 million in 2021 and $431.662 million in 2022. From $130.199 million in 2018, the trade volume increased by 3.31 times. 

Similarly, Indian imports increased by 76.43% to $771.672 million in 2022, up from $437.336 million in 2018. According to sources, shipments totaled $464.368 million in 2019, $300.614 million in 2020, $457.420 million in 2021, and $771.672 million in 2022. Despite China's dominance in the trade, supplies from India and Bangladesh increased dramatically.