AsemconnectVietnam -  Vietnam’s export of footwear reached over $1.4 billion in July 2018, down 1.37% month on month but up 10.11% year- on- year, showed the statistics figures of the General Department of Customs.

Vietnam’s footwear export reached more than $9.1 billion in the first 7 months of 2018, up 9.42% over the same period last year.

United States was the largest footwear market of Vietnam in July 2018, accounting for 36.3% of total market share, up 14.78%  month on month and up 17.38% year on year; bringing total footwear exports to the market in the first seven months of 2018 to more than $3.2 billion, up 13.48% over the same period last year.

The exports of footwear to China reached $145 million, accounting for 10.1 of total market share, up 7.83% month on month and up 42.9% year on year; bringing the total export turnover footwear to this market up to $812 million, up 30.43% year on year. The exports of footwear to  Belgium reached $82 million, down 13.39%  month on month but up 19.68% year on year, accounting for 5.8% of total market share, bringing the total export  to this market to $543 million, up 3.95% year on year. Japan with $73 million, down 8.33% month on month but up 5.47% year on year, accounting for 5% of total turnover; Germany with $ 64 million, accounting for 4.5% of total turnover, down 17.29% month on month and down 27.33% year on year; Finally, the Netherlands has more than $62 million, accounting for 4.4% of total turnover, down 10.77 month on month but up 12.6% year on year, bringing the total export turnover in this market, up to 359 million USD, up 8.74% year on year.

In the first seven months of 2018, Vietnam's footwear exports to some markets grew strongly; first was Portugal with $2.8 million, up 108.16% year on year; second place was India with 57 million, up 62.47% over the same period; followed by Argentina with over $61 million, up 49.43% over the same period, followed by Finland with over $ 11 million, up 34.32% over the same period.

However, some footwear export markets saw a sharp fall including the UAE with $58 million, a sharp drop of 26.39 percent year on year, followed by Austria with $ 15 million, down 22.14 percent year on year, Denmark with $21 million, down 21.47% year on year, Germany with over $524 million, down 9.73% year on year, Isareal with over $21 million, down 8.65% year on year.

The footwear export turnover has grown sharply in some markets, thanks to the contribution of FDI enterprises, the rest of the domestic enterprises are mainly outsourced.

Vietnam’s exports of footwear in the first 7 months of 2018- source: VITIC – according to the figures of the General Department of Customs

Unit: USD

Source: Vitic/the General Department of Customs