2022
Exports
$8.21BWorld Rnk 2 / 219
Flag Rnk 7 / 1176
2022
PRODUCT COMPLEXITY IN Leather Footwear
-0.71Rnk 760 / 1025
2022
Imports
$193MWorld Rnk 42 / 222
Flag Rnk 283 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $8.21B in Leather Footwear, making it the 2nd largest exporter of Leather Footwear in the world. At the same year, Leather Footwear was the 7th most exported product in Vietnam. The main destination of Leather Footwear exports from Vietnam are: United States ($3.69B), China ($576M), Belgium ($383M), United Kingdom ($360M), and Germany ($354M).

The fastest growing export markets for Leather Footwear of Vietnam between 2021 and 2022 were United States ($1.1B), United Kingdom ($163M), and Belgium ($153M).

Imports In 2022, Vietnam imported $193M in Leather Footwear, becoming the 42nd largest importer of Leather Footwear in the world. At the same year, Leather Footwear was the 283rd most imported product in Vietnam. Vietnam imports Leather Footwear primarily from: China ($157M), Singapore ($11.3M), France ($7.9M), Italy ($4.81M), and Indonesia ($2.4M).

The fastest growing import markets in Leather Footwear for Vietnam between 2021 and 2022 were China ($110M), France ($4.82M), and Italy ($2M).

COMPANIES In 2023, leading companies such as Nike (385), Adidas (220), and Reebok (179) were at the forefront of shipping Leather Footwear from Vietnam to the United States.

Latest Trends

Oct 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 Leather 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)$8.21B
IMPORTS (2022)$193M
NET TRADE (2022)$8.02B

In 2022, Vietnam exported $8.21B in Leather Footwear. The main destinations of Vietnam exports on Leather Footwear were United States ($3.69B), China ($576M), Belgium ($383M), United Kingdom ($360M), and Germany ($354M).

In 2022, Vietnam imported $193M in Leather Footwear, mainly from China ($157M), Singapore ($11.3M), France ($7.9M), Italy ($4.81M), and Indonesia ($2.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Leather Footwear EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$1.1B (42.4%)
United Kingdom$163M (82.6%)
Belgium$153M (66.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Leather Footwear BY Vietnam WERE (2021 - 2022):
Russia-$41M (-74.1%)
Austria-$28.8M (-85.3%)
Ukraine-$4.75M (-51.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Leather Footwear were:
China $12.6B
Italy $7.71B
In 2022, Vietnam's main importing competitors in Leather Footwear were:

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Trade Value of Leather Footwear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $331M
TOP IMPORT POTENTIALChina+ $62.5M

Leather Footwear’s highest export potential is China. With an export gap of $331M.   Leather Footwear’s highest import potential is China with an import gap of $62.5M.

See methodology.

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