2022
Exports
$4.69BWorld Rnk 2 / 210
Flag Rnk 15 / 1176
2022
PRODUCT COMPLEXITY IN Rubber Footwear
-1.24Rnk 887 / 1025
2022
Imports
$557MWorld Rnk 24 / 222
Flag Rnk 130 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $4.69B in Rubber Footwear, making it the 2nd largest exporter of Rubber Footwear in the world. At the same year, Rubber Footwear was the 15th most exported product in Vietnam. The main destination of Rubber Footwear exports from Vietnam are: United States ($1.62B), China ($335M), Japan ($324M), Germany ($279M), and South Korea ($226M).

The fastest growing export markets for Rubber Footwear of Vietnam between 2021 and 2022 were United States ($403M), Belgium ($106M), and Germany ($91.9M).

Imports In 2022, Vietnam imported $557M in Rubber Footwear, becoming the 24th largest importer of Rubber Footwear in the world. At the same year, Rubber Footwear was the 130th most imported product in Vietnam. Vietnam imports Rubber Footwear primarily from: China ($520M), Singapore ($15.5M), Thailand ($7.91M), United Kingdom ($3.05M), and South Korea ($1.99M).

The fastest growing import markets in Rubber Footwear for Vietnam between 2021 and 2022 were China ($215M), Singapore ($8.19M), and Thailand ($3.08M).

COMPANIES In 2023, leading companies such as Adidas (333), Old Navy (190), and Nike (96) were at the forefront of shipping Rubber Footwear from Vietnam to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Rubber Footwear. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.69B
IMPORTS (2022)$557M
NET TRADE (2022)$4.13B

In 2022, Vietnam exported $4.69B in Rubber Footwear. The main destinations of Vietnam exports on Rubber Footwear were United States ($1.62B), China ($335M), Japan ($324M), Germany ($279M), and South Korea ($226M).

In 2022, Vietnam imported $557M in Rubber Footwear, mainly from China ($520M), Singapore ($15.5M), Thailand ($7.91M), United Kingdom ($3.05M), and South Korea ($1.99M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Footwear EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$403M (33.2%)
Belgium$106M (123%)
Germany$91.9M (49.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Footwear BY Vietnam WERE (2021 - 2022):
Russia-$20.2M (-60.4%)
Austria-$4.61M (-17.3%)
Saudi Arabia-$4.31M (-76.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Rubber Footwear were:
China $27.4B
In 2022, Vietnam's main importing competitors in Rubber Footwear were:

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Trade Value of Rubber Footwear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $148M
TOP IMPORT POTENTIALChina+ $169M

Rubber Footwear’s highest export potential is China. With an export gap of $148M.   Rubber Footwear’s highest import potential is China with an import gap of $169M.

See methodology.

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