Footwear Exports of Vietnam: Key Insights to the Top Trade Partners

The overall footwear exports of Vietnam have come across a significant shift in the year 2024. The strategic utilization of free trade agreements has facilitated smoother access to substantial markets, reducing trade barriers, and boosting the competitiveness of Vietnamese footwear products internationally. Accompanied by the trade agreements, the shift in global manufacturing dynamics due to the rising labor costs in traditional manufacturing has recorded a significant hike in the overall export valuation, expanding the relocation of a strategic shift towards essential production. Vietnam Import Data says the nation has become a crucial manufacturing hub for renowned footwear brands due to the strategic partnership with major international producers; fostering the country to account for around 40% of its annual export valuation.

With the strategic shift towards the globally demanded acquisitions of footwear from the trade firms of Vietnam, the country has come up with divergent variants of its domestic footwear production for the fulfillment of the international acquisitions, which has led to a total export valuation of 78 billion US dollars in 2024. Import Globals with its Vietnam trade data highlights the categorized regional shipments of footwear from the nation for helping the business holders understand the proper business strategies, they can adopt to record a significant hike in their future trade aspects.

THE LEADING VARIANTS OF FOOTWEAR EXPORTED FROM VIETNAM IN 2024

The affordable pricing strategies adopted by the trade firms of Vietnam have recorded a hike in the overall global demand for footwear exports. According to the Vietnam Export Data, the top 10 leading variants of footwear exported from the nation in 2024 are,

  1. Athletic Footwear — The total value of Athletic Footwear exported from Vietnam in 2024–24 billion US dollars
  2. Leather Shoes- The total value of Leather Shoes exported from Vietnam in 2024–18 billion US dollars
  3. Canvas Shoes- The total value of Canvas Shoes exported from Vietnam in 2024–12 billion US dollars
  4. Sandals and Flip Flops- The total value of Sandals and Flip Flops exported from Vietnam in 2024–8 billion US dollars
  5. Dress Shoes- The total value of Dress Shoes exported from Vietnam in 2024–6 billion US dollars
  6. Boots- The total value of Boots exported from Vietnam in 2024–5 billion US dollars
  7. Children’s Footwear- The total value of Children’s Footwear exported from Vietnam in 2024–3 billion US dollars
  8. Work Boots- The total value of Work Boots exported from Vietnam in 2024–2.5 billion US dollars
  9. Espadrilles- The total value of Espadrilles exported from Vietnam in 2024–1.8 billion US dollars
  10. Sneakers- The total value of Sneakers exported from Vietnam in 2024–1 billion US dollars

THE LEADING EXPORT TRADE PARTNERS OF VIETNAM FOR FOOTWEAR IN 2024

To fill the trade gaps and to take a step towards building up the supply chains the country has established trade relationships with different trade destination estates worldwide countering the annual valuation. According to the Vietnam Trade Data, the top 10 export trade partners of Vietnam for footwear exports in 2024 are,

1. United States — The annual valuation of the footwear exports from Vietnam to the United States in 2024–25 billion US dollars

Top 5 exported variants of footwear

1. Sneakers

2. Flip flops

3. Sandals

4. Loafers

5. Boots

2. Japan — The annual valuation of the footwear exports from Vietnam to Japan in 2024–19 billion US dollars

Top 5 exported variants of footwear

1. Ballet flats

2. Espadrilles

3. Wedges

4. High heels

5. Platform shoes

3. European Union (EU) — The annual valuation of the footwear exports from Vietnam to the European Union in 2024–15 billion US dollars

Top 5 exported variants of footwear

1. Boat shoes

2. Slippers

3. Mules

4. Oxfords

5. Pumps

4. Australia — The annual valuation of the footwear exports from Vietnam to Australia in 2024–12 billion US dollars

Top 5 exported variants of footwear

1. Lace-up boots

2. Combat boots

3. Rain boots

4. Chelsea boots

5. Ankle boots

5. Canada — The annual valuation of the footwear exports from Vietnam to Canada in 2024–8 billion US dollars

Top 5 exported variants of footwear

1. Dress shoes

2. Hiking boots

3. Running shoes

4. Clogs

5. Tennis shoes

  1. South Korea — The annual valuation of the footwear exports from Vietnam to South Korea in 2024–6 billion US dollars

Top 5 exported variants of footwear

1. Brogues

2. Chukka boots

3. Laceless sneakers

4. Slip-on loafers

5. Canvas sneakers

7. China — The annual valuation of the footwear exports from Vietnam to China in 2024–4 billion US dollars

Top 5 exported variants of footwear

1. Desert boots

2. Waterproof snow boots

3. Wellingtons

4. Skate shoes

5. Court shoes

8. United Kingdom — The annual valuation of the footwear exports from Vietnam to the United Kingdom in 2024–3 billion US dollars

Top 5 exported variants of footwear

1. Moccasins

2. Platform sandals

3. Chunky sneakers

4. Luxury slides

5. Low-top trainers

9. Russia — The annual valuation of the footwear exports from Vietnam to Russia in 2024–2 billion US dollars

Top 5 exported variants of footwear

1. High-top trainers

2. Leather loafers

3. Jelly sandals

4. Hiking sandals

5. Riding boots

10. Middle East — The annual valuation of the footwear exports from Vietnam to the Middle East in 2024–1.5 billion US dollars

Top 5 exported variants of footwear

1. Bowling shoes

2. Athletic slides

3. Walking sandals

4. Kitten heel pumps

5. Slipper boots

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