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Vietnam's footwear exports soar, US emerges as top market

06 Apr '24
2 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • Vietnam has solidified its position as the world's 2nd largest footwear exporter, with the US being its primary market, absorbing over *0* per cent of its exports.
  • In particular, sports footwear dominates Vietnam's exports to US, representing *7.44* per cent of its total footwear shipments.
  • The exports of Vietnamese footwear reached $**.*** billion last year.

According to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro, the shipment of sports footwear (with outer soles of rubber, plastics, leather, or composition leather and uppers of textile materials) from Vietnam to the US was valued at $*.*** billion, which represented **.** per cent of Vietnam&#**;s total footwear exports of $*.*** billion. Vietnam exported leather footwear (HSN code ******) worth $*.*** billion to the US, which accounted for **.** per cent of the total.

Similarly, footwear exports from Vietnam to the US under other HSN codes were notable. Valued footwear exports included HSN code ****** at $*.*** billion (**.** per cent), HSN code ****** at $***.*** million (** per cent), HSN code ****** at $***.*** million (**.** per cent), and HSN code ****** at $***.*** million (*.** per cent) during ****, as per *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">TexPro.

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