By the end of 2016, Vietnam ranked fourth in the list of the top 4 footwear producers in the world (in quantity) after China, India and Brazil, and ranked third (in value) after China and Italy. Vietnam exported footwear to 45 markets all over the world.

Last year, the export turnover of the footwear industry reached $ 16.2 billion, up by 8.8 per cent year – on – year and accounted for 9.2 per cent of the total.

The U.S was leading the list of the country’s 45 footwear export markets with the export turnover of over $ 1 billion, up by 13.3 per cent over the same period last year and accounted for 34.3 per cent of the total.

China ranked second with nearly $ 240 million, up by 26 per cent; then Germany - $ 218.8 million, up by 29.7 per cent; Belgium - $ 195.4 million, up by 13.4 per cent; Japan - $ 189.5 million, down by 2 per cent.

In the first quarter of this year, the country’s exports of footwear to Hungary increased sharply by 127 per cent; to Indonesia – up by 79.7 per cent; to Switzerland – up by 45.4 per cent; to India – up by 41 per cent; to Slovakia – up by 33 per cent.

The country’s exports of footwear are expected to reach nearly $ 18 million this year, up by 10 per cent over the last year.