2022
Exports
$13.2BWorld Rnk 2 / 215
Flag Rnk 5 / 1176
2022
PRODUCT COMPLEXITY IN Textile Footwear
-0.49Rnk 696 / 1025
2022
Imports
$243MWorld Rnk 46 / 223
Flag Rnk 244 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $13.2B in Textile Footwear, making it the 2nd largest exporter of Textile Footwear in the world. At the same year, Textile Footwear was the 5th most exported product in Vietnam. The main destination of Textile Footwear exports from Vietnam are: United States ($4.96B), China ($840M), Germany ($774M), Belgium ($637M), and Japan ($521M).

The fastest growing export markets for Textile Footwear of Vietnam between 2021 and 2022 were United States ($1.36B), Germany ($241M), and Belgium ($227M).

Imports In 2022, Vietnam imported $243M in Textile Footwear, becoming the 46th largest importer of Textile Footwear in the world. At the same year, Textile Footwear was the 244th most imported product in Vietnam. Vietnam imports Textile Footwear primarily from: China ($210M), Singapore ($15.5M), Indonesia ($5.63M), Malaysia ($2.77M), and United Arab Emirates ($2.72M).

The fastest growing import markets in Textile Footwear for Vietnam between 2021 and 2022 were China ($50.7M), Singapore ($8.58M), and Indonesia ($3.03M).

COMPANIES In 2023, leading companies such as Adidas (347), Nike (296), and Michael Kors (195) were at the forefront of shipping Textile 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 Textile 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)$13.2B
IMPORTS (2022)$243M
NET TRADE (2022)$13B

In 2022, Vietnam exported $13.2B in Textile Footwear. The main destinations of Vietnam exports on Textile Footwear were United States ($4.96B), China ($840M), Germany ($774M), Belgium ($637M), and Japan ($521M).

In 2022, Vietnam imported $243M in Textile Footwear, mainly from China ($210M), Singapore ($15.5M), Indonesia ($5.63M), Malaysia ($2.77M), and United Arab Emirates ($2.72M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Textile Footwear EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
United States$1.36B (37.6%)
Germany$241M (45.2%)
Belgium$227M (55.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Footwear BY Vietnam WERE (2021 - 2022):
Russia-$48.4M (-66.9%)
Austria-$44.8M (-81.8%)
China-$35.6M (-4.07%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Textile Footwear were:
China $16.9B
In 2022, Vietnam's main importing competitors in Textile Footwear were:

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Trade Value of Textile Footwear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $425M
TOP IMPORT POTENTIALChina+ $79.1M

Textile Footwear’s highest export potential is China. With an export gap of $425M.   Textile Footwear’s highest import potential is China with an import gap of $79.1M.

See methodology.

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