Vietnam's footwear exports in the first quarter of 2025 increased by nearly 50% year-on-year
Sunday, April 27,2025
AsemconnectVietnam - According to the General Department of Customs, Vietnam's total footwear export turnover in the first 3 months of the year reached 4.79 billion USD, a sharp increase of 49.94% over the same period last year - an impressive growth rate, showing good recovery demand from major markets after a period of decline.
Main export markets:
1. United States:
o Export value: 1.71 billion USD
o Up 20.32%
o Still the largest market, accounting for about 35.6% of total turnover.
2. China (Mainland):
o Reached 449 million USD, a slight increase of 2.96%, demonstrating a stable recovery.
3. Netherlands:
o Notably with a sudden increase of 185.55%, reaching 343 million USD - surpassing Belgium and Japan, becoming the third largest market.
4. Belgium and Japan:
o Belgium: 285 million USD (+3.3%)
o Japan: 257 million USD (down slightly -0.07%) – maintaining high position despite slowing growth.
5. UK and Germany:
o UK: 230 million USD (+12.98%)
o Germany: 175 million USD (down -11.76%)
Southeast Asia
• Total exports reached 126.5 million USD, up 1.11% – a slight increase.
• Some notable markets:
o Indonesia: 24.4 million USD (+24.63%)
o Malaysia: 24.1 million USD (+10.38%)
o In contrast, the Philippines, Thailand, and Singapore all recorded slight decreases.
Strongest growing markets:
• Netherlands (+185.55%)
• Peru (+174.59%)
• Türkiye (+98.3%)
• France (+94.55%)
• UAE (+63.37%)
=> Shows potential for expansion in new or less traditional markets for Vietnamese footwear.
Sharply declining markets:
• Australia: -77.22%
• Taiwan (China): -66.7%
• Switzerland: -51.2%
• South Korea: -45.17%
• New Zealand, Finland: -38.54%
=> These markets may be affected by competition, trade policies, or declining consumption.
Vietnam's footwear exports in the first 3 months of the year
(Calculated from data published on April 10, 2025 by the General Department of Customs)
Unit: USD
Unit: USD
Market Name
|
Value
|
Year on year
|
*OVERALL
|
4,791,815,987
|
49.94
|
United States
|
1,707,839,950
|
20.32
|
China (Mainland)
|
449,370,464
|
2.96
|
Netherlands
|
343,042,493
|
185.55
|
Belgium
|
285,267,851
|
3.3
|
Japan
|
257,922,204
|
-0.07
|
UK
|
230,404,489
|
12.98
|
Germany
|
175,105,295
|
-11.76
|
South Korea
|
157,718,522
|
-45.17
|
SOUTHEAST ASIA (*)
|
126,481,622
|
1.11
|
France
|
122,655,609
|
94.55
|
Spain
|
11 8,556,790
|
-15.79
|
Canada
|
113,881,391
|
19.88
|
Mexico
|
105.369.827
|
-15.23
|
Australia
|
75,626,386
|
-77.22
|
Italy
|
67,258,112
|
-18.36
|
Taiwan (China)
|
41,371,199
|
-66.7
|
United Arab Emirates
|
40,470,799
|
63.37
|
Brazil
|
36,181,674
|
-6.88
|
Turkey
|
32,851,878
|
98.3
|
Singapore
|
27,875,829
|
-0.51
|
Thailand
|
25,483,688
|
-5.95
|
Chile
|
25,434,411
|
-9.81
|
Hong Kong (China)
|
25,356,017
|
-10.3
|
Philippines
|
24,592,210
|
-9.53
|
Indonesia
|
24,387,265
|
24.63
|
Malaysia
|
24,142,630
|
10.38
|
Panama
|
22,054,445
|
-6.76
|
Peru
|
19,887,035
|
174.59
|
South Africa
|
19,449,797
|
43.14
|
Czech Republic
|
18,452,832
|
20.22
|
Poland
|
17,453,542
|
2.77
|
Argentina
|
13,846,014
|
10.48
|
Luxembourg
|
12,570,343
|
-23.86
|
India
|
10,657,984
|
11.27
|
New Zealand
|
10,336,728
|
-38.54
|
Israel
|
10,010,494
|
-31.73
|
Austria
|
7,180,961
|
8.31
|
Colombia
|
6,785,920
|
11.35
|
Sweden
|
6,770,919
|
11.13
|
Denmark
|
5,439,168
|
35.71
|
Switzerland
|
3,866,903
|
-51.2
|
Norway
|
3,805,972
|
4.08
|
Greece
|
3,046,568
|
-25.98
|
Slovakia
|
2,825,148
|
-0.8
|
Ukraine
|
2,804,131
|
20.75
|
Kyrgyzstan
|
1,195,027
|
-35.69
|
Portugal
|
1,121,459
|
-59.06
|
Russia
|
1,108,905
|
1.01
|
Finland
|
470,988
|
-38.54
|
Hungary
|
107,096
|
-0.8
|
Armenia
|
60,688
|
2.77
|
Production of leather shoes and sandals
Vietnam’s production of leather shoes and sandals has seen substantial growth in the first two months of 2025. According to the latest data from Vietnam’s General Office of Statistics, the country produced 25.8 million pairs of leather shoes and sandals in January 2025. In February, this figure increased slightly to 26.6 million pairs.
The cumulative total for the first two months of the year reached 52.5 million pairs. This represents a 31.8 percent increase compared to the same period last year. Furthermore, the year-to-date figure reflects a 9.2 percent increase when compared to the first two months of 2024, indicating strong growth in the sector.
Leather shoes and sandals remain a key export product for Vietnam, benefiting from growing international demand for quality footwear.
This represents a 31.8 percent increase compared to the same period last year. Furthermore, the year-to-date figure reflects a 9.2 percent increase when compared to the first two months of 2024, indicating strong growth in the sector.
Leather shoes and sandals remain a key export product for Vietnam, benefiting from growing international demand for quality footwear.
The production of leather shoes and sandals is primarily concentrated in the southern regions of Vietnam, particularly in areas such as Ho Chi Minh City and Dong Nai, where many factories focus on both domestic and export markets.
T.Huong
Source:Vitic
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