Overview of the Footwear Exports of Vietnam

The footwear industry of Vietnam has acknowledged severe ups and downs in the past few years because of the growing global demands and increasing production rate. From early 2019 with a total export valuation of 19.5 billion US dollars, the export trade market of the footwear industry has gained a hike with a total share of 6% in the global export value of footwear. The booming footwear industry of the nation has been attracting different leading global footwear brands like Nike, Adidas, and Puma for establishing the manufacturing sectors in the land area contributing to the gradual growth of the growing annual economic revenue.



The detailed analysis of the Global footwear exports data says that the total valuation of the country's footwear exports in 2023 has stood at a staggering rate of 24 billion US dollars, representing an aggregate growth of around 14% than that of 2019. Import Globals with its Vietnam Export Data highlights the key insights of the country's global trade to help beginners take decisions based on the latest global market trends for a positive outgrowth in their annual business revenue generation.

TOP 10 FOOTWEAR EXPORTS OF VIETNAM IN 2023

As per the Vietnam Export Data, the top 10 footwear exports of Vietnam in 2023 are,

1. Athletic Footwear - Valuation of Athletic Footwear exports in 2023 - 18 billion US dollars

2. Leather Shoes- Valuation of Leather Shoes exports in 2023 - 12 billion US dollars

3. Canvas Shoes- Valuation of Canvas Shoes exports in 2023 - 10 billion US dollars

4. Sandals and Slippers- Valuation of Sandals and Slippers exports in 2023 - 8 billion US dollars

5. Rubber Boots- Valuation of exports Rubber Boots in 2023 - 6 billion US dollars

6. Children's Footwear- Valuation of Children's Footwear exports in 2023 - 5 billion US dollars

7. Flip Flops- Valuation of Flip Flops exports in 2023 - 4 billion US dollars

8. Dress Shoes- Valuation of Dress Shoes exports in 2023 - 3 billion US dollars

9. Work Boots- Valuation of Work Boots exports in 2023 - 2.5 billion US dollars

10. Snow Boots- Valuation of Snow Boots exports in 2023 - 1.8 billion US dollars

TOP 10 FOOTWEAR MANUFACTURING COMPANIES OF VIETNAM IN 2023

As per the Vietnam Import Data, the top 10 footwear manufacturing companies of Vietnam in 2023 are, 

1. Pou Chen Group - Export trade value of footwear from Pou Chen Group in 2023 - 17.14 billion US dollars

2. TBS Group- Export trade value of footwear from TBS Group in 2023 - 16.89 billion US dollars

3. Thien Loc Shoes Corporation- Export trade value of footwear from Thien Loc Shoes Corporation in 2023 - 14.12  billion US dollars

4. Biti's Joint Stock Company- Export trade value of footwear from Biti's Joint Stock Company in 2023 - 12 billion US dollars

5. Thai Binh Shoes Joint Stock Company- Export trade value of footwear from Thai Binh Shoes Joint Stock Company in 2023 - 8 billion US dollars

6. Dong Hung Group- Export trade value of footwear from Dong Hung Group in 2023 - 6 billion US dollars 

7. Tien Loc Shoes Corporation- Export trade value of footwear from Tien Loc Shoes Corporation in 2023 - 5 billion US dollars 

8. Lien Phat Footwear Co., Ltd- Export trade value of footwear from Lien Phat Footwear Co., Ltd in 2023 - 4 billion US dollars 

9. Vina Koya Footwear Co., Ltd- Export trade value of footwear from Vina Koya Footwear Co., Ltdin 2023 - 3 billion US dollars 

10. Sunhouse Group - Export trade value of footwear from Sunhouse Group in 2023 - 2.8 billion US dollars 

TOP 10 EXPORT TRADE PARTNERS OF VIETNAM FOR FOOTWEAR EXPORT IN 2023

The Vietnam Customs Data enlists the below-mentioned as the top export trade partners of Vietnam in 2023,

1. United States - Total export trade value of footwear from Vietnam to the United States in 2023 - 16 billion US dollars 

2. China- Total export trade value of footwear from Vietnam to China in 2023 - 14 billion US dollars

3. Belgium- Total export trade value of footwear from Vietnam to Belgium in 2023 - 12 billion US dollars

4. Germany - Total export trade value of footwear from Vietnam to Germany in 2023 - 8 billion US dollars

5. Japan- Total export trade value of footwear from Vietnam to Japan in 2023 - 7 billion US dollars

6. United Kingdom - Total export trade value of footwear from Vietnam to the United Kingdom in 2023 - 5 billion US dollars

7. Netherlands - Total export trade value of footwear from Vietnam to the Netherlands in 2023 - 4 billion US dollars

8. Australia - Total export trade value of footwear from Vietnam to Australia in 2023 - 3 billion US dollars

9. India- Total export trade value of footwear from Vietnam to India in 2023 - 2 billion US dollars

10. Canada- Total export trade value of footwear from Vietnam to Canada in 2023 - 1.5 billion US dollars

EXPORT TRADE STATISTICS OF VIETNAM FOOTWEAR EXPORTS FROM THE LAST 10 YEARS

1. Export trade value of footwear from Vietnam in 2013 - 12 billion US dollars

2. Export trade value of footwear from Vietnam in 2014 - 11 billion US dollars

3. Export trade value of footwear from Vietnam in 2015 - 14 billion US dollars

4. Export trade value of footwear from Vietnam in 2016 - 16 billion US dollars

5. Export trade value of footwear from Vietnam in 2017 - 15 billion US dollars

6. Export trade value of footwear from Vietnam in 2018 - 18 billion US dollars

7. Export trade value of footwear from Vietnam in 2019 - 20 billion US dollars

8. Export trade value of footwear from Vietnam in 2020 - 21 billion US dollars

9. Export trade value of footwear from Vietnam in 2021 - 22 billion US dollars

10. Export trade value of footwear from Vietnam in 2022 - 23 billion US dollars

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