Analysis and Studies - Products analysis
Sports Equipment: import and export
December 11th 2023
Sports Equipment, also called sporting goods, are materials, tools and gear used to take part in a sport and varies depending on the sport.
Sporting equipment can be used as protective trappings or a tool used to assist the athletes play the sport. Over the course of years, sporting fittings have evolved, because each sports have outset to require more protective toolkit in order to head off any physical injury.
Where can we find sports equipment? We can find sports fixings in any department store or sporting devices shops.
In 2021, Sports Equipment were the world's 98th most importing and exporting product, with a total trade of $44 billion.
Amidst 2020 and 2021 the exports of Sports Equipment shot up 40.4%, from $31.3 billion to $44 billion. Trade in Sports Equipment act in place of 0.21% of total world trade.
Sports Equipment are a part of Toys, games, & sports. They include Gym and athletics equipment, Equipment for sports, swimming and paddling pools, Golf equipment except balls and clubs, Golf clubs, Inflatable balls, Watersport equipment, Snow-skis and parts, Ice skates, roller skates, skating boots, Golf balls, and Snow-ski fastenings (ski-bindings), among others.
Concerning Exports: in 2021 the top exporters of Sports Equipment were China with a substantial export value of $23.5 billion, Chinese Taipei, which contributed significantly with exports worth $3.82 billion, United States, whose exports amounted to $2.04 billion, Germany with exports worth $1.42 billion, and Netherlands, whose exports amounted to $1.36 billion.
On the other hand, the leader importers of Sports Equipment were United States ($12.7B), Germany ($3.07B), United Kingdom ($2.09B), Canada ($2.08B), and France ($1.86B).
If we gawp market dynamics, among 2020 and 2021 the high-speed multiplying importers of Sports Equipment were United States with an import value of $3.76 billion, Germany, which play a part with imports worth $935 million, Canada made a contribution in the global import market, with imports valued at $692 million, Netherlands and United Kingdom played pivotal roles in the market, with imports valued at $649 million and $641 million, respectively.
Fonti:
https://oec.world/en
https://data.worldbank.org/
https://www.trademap.org/