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Vietnam footwear market update: Export revenue of 1.17 billion USD in February 

 Wednesday, April 10,2024

AsemconnectVietnam - Vietnam remained the world's second-largest footwear exporter in February, after China, with a turnover of 1.17 billion USD, according to statistics released by the General Department of Customs.

Vietnam’s footwear products were shipped to more than 150 markets around the world, accounting for 10% of the global supply. However, it marked a 40.3% decrease compared to the previous month. Vietnam’s footwear, in total, fetched 3.1 billion USD during the first two months of the year.
All major markets, including the US, the EU and the UK, reported strong growth of over 10%, especially the US with a turnover of 1.1 billion USD, a 25% increase year-on-year, accounting for over a third of Vietnam’s footwear export. China was Vietnam’s second largest buyer with over 318 million USD worth of footwear purchased, an 11.4% increase year-on-year, followed by Belgium with 191 million USD, a 10% increase year-on-year.
Leather, footwear sector takes step in right direction to increase exports
2024 will continue to be a challenging year for the leather and footwear industry but there are still many prospects to increase exports this year, according to Vice President and General Secretary of the Vietnam Leather, Footwear and Handbag Association (Lefaso) Phan Thi Thanh Xuan.
She noted that Vietnam has signed 16 trade agreements with large markets, and has a contingent of skilled workers with more than 30 years of experience in production of footwear for export.
Xuan said that last year, Vietnam earned nearly 24 billion USD from leather and footwear exports, down 15% year-on-year. However, it was still a satisfactory result amidst common difficulties of enterprises over the past time. Vietnamese footwear and handbags are currently available in 150 markets, of which the US accounts for 35% of the market share, the EU 26%, and China 9%.
In 2023, while the main export markets reported decreases, exports to China tended to increase, she stated, adding that this market is expected to create growth potential for the industry in 2024.
Vietnam footwear manufacturers and Distributor list
1. CNES - Huy Hoang Footwear Production Co., Ltd
200/13, Chanh 1 Hamlet, Tan Xuan Commune, Hoc Mon Dist., Ho Chi Minh City, Vietnam
+84 862510456, +84 903697273
CATEGORY: Shoes, Footwear - Manufacturers And Distributors
BUSINESS TYPE: Manufacturer
MAIN MARKET: EU, Japan, Korea, Asean
Huy Hoang is the largest manufacturer of high-quality leather shoes: Oxford, Derby, Loafers, Boots, Black Monk, Double Monk, Emerald Tassel, Tan Wholecut, etc.
+ French calf leather from HERMèS - Tannerie D’Annonay and Tannieries Du Puy.
+ Customers: 30 famous shoe brands around the world.
www.huyhoangfootwear.com.vn
2.Nam Viet Shoes Co., Ltd
No. D17/4A, Dinh Duc Thien St., Hamlet 4, Binh Chanh Commune, Binh Chanh Dist., Ho Chi Minh City, Vietnam
+84 28 62783689, Hotline: +84 987 83 86 89
CATEGORY: Shoes, Footwear - Manufacturers And Distributors
BUSINESS TYPE: Manufacturer
MAIN MARKET: Vietnam, International
DYNAMIC AND FASHIONABLE WITH VIETNAMESE SHOES!
We specializes in producing a various of comfortable modern shoes, fabric slip-on, canvas sneakers for women and men, running shoes, etc.
Service: Door-to-door delivery in Vietnam and foreign countries!
www.giaynamviet.vn
3.Viet A Chau Investment & Development Corporation
80A Huynh Van Banh Street, Ward 15, Phu Nhuan District, Ho Chi Minh City, Vietnam
+84 28 39973212, +84 967535458
CATEGORY: Shoes, Footwear - Manufacturers And Distributors
BUSINESS TYPE: Manufacturer, Distributor
MAIN MARKET: Vietnam, US, EU
✿ Viet A Chau - Leading footwear manufacturer since 1992 !
Products: Super light shoes, PU shoes, PVC shoes, canvas shoes, PVC boots, men’s shoes, women’s shoes, etc.
→ Elegant, fashionable, modern design, updated.
→ Light weight, soft material, smooth feeling, high durability.
www.vietachau.com
4.Toan Phat Leather Co.,Ltd
154/8D Tan Hiep Town, Tan Thoi Tay 2,Tan Hiep Ward, Hoc Mon Dist., Ho Chi Minh City, Vietnam
+84 938 378 907, +84 903 884 180
CATEGORY: Shoes, Footwear - Manufacturers And Distributors
BUSINESS TYPE: Manufacturer
MAIN MARKET: Japan, Korea, Australia
TOAN PHAT LEATHER - Supplying high quality leather products such as: Wallet, purse, clutch, bag, belt, credit card hold, watch belt, shoes, etc.
➜ Invest in machinery and modern equipment
➜ Production capity: 8,000 - 10,000 pcs/1 month
➜ Export market: Japan, Korea, Australia, etc.
www.toanphatleather.com
5.Vasa Shoes - Vasa Group Joint Stock Company
B8, TT 18 Bach Thai Buoi, Van Quan Urban Area, Ha Dong District, Ha Noi, Vietnam
+84 898152825, +84 899155111
CATEGORY: Shoes, Footwear - Manufacturers And Distributors
BUSINESS TYPE: Manufacturer, Exporter
MAIN MARKET: Asia, EU, America
VASA SHOES - A PLACE WHERE QUALITY SHOES ARE MADE
✿ We specialize in OEM/ODM, trading, exporting leather footwears.
☑ 5+ years of operation.
☑ Production area: 1.000 sqm, 10+ production lines
☑ Produces 5M pairs/year.
☑ Exported to Asia, Africa, Latin America, etc.
T.Huong
Source: Vitic

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