The US has been the leading importer of Vietnam footwear for many years. Footwear exports to the market have accounted for 30% of the country’s total footwear export value and 11% of the country’s total exports to the world largest economy.
Last year, the US imported US$4.484 billion worth of Vietnamese footwear products, a year-on-year rise of 10%. Other major importers of Vietnamese footwear included China (US$904.9 million, up 20%), Belgium (US$825.4 million, up 14%), Germany (US$764.7 million, up 8.4%) and Japan (US$674.9 million, up 12.9%).
However, according to a latest report from Vietnam Customs, footwear exports hit only US$1.169 billion in January, down 4.8% against the same period last year.
