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Vietnamese footwear exports consolidate growth

Jul 14, 2014 Vietnam
Vietnamese footwear exports consolidate growth
The General Department of Customs in Vietnam released the numbers for footwear exports in the first five months of the year and sales abroad registered an 21.2% increment compared to previous period last year, reaching 3 888.9 million US dollars
According to data released by the General Department of Customs in Vietnam, the Asian country exported 943.03 million US dollars’ worth of footwear in May and 3 888.9 million US dollars in the first five months of this year, increasing 9.5% and 21.2%, respectively, compared to similar periods last year.

The US was the country’s main footwear export market in the first five months of the current year with a turnover of  1 255.6 million USD million, and accounted for 32.3% of the total. Sales to the US increased 6.1% in May compared to previous month of April, and 5.6% when compared to May 2013.The most relevant variation, thought, is when we compare the exports during the period January / May in 2014 to similar period in 2013: exports were up by 21.2%, showing the growing importance of the Vietnamese industry as a supplier of the US market.

Other main destinations in the period January / May were Belgium (275.4 million US dollars, up by 37.6%), United Kingdom (212.1 million US dollars, up by 0.7%), Japan (212.1 million US dollars, up by 38.2%) and Germany (209.0 million US dollars, up by 34.8%).

Worthing special mention in the first five months of this year are the country’s export of footwear to Finland, Chile, Israel, Poland and the U.A.E increased by 152.0%, 83.4%, 80.6%, 71.5% and 58.0%, respectively.

Related Organizations

  • LSI - Vietnam Leather and Shoes Research Institute

    LSI - Vietnam Leather and Shoes Research Institute

    Vietnam
  • Hanoi Leather and Footwear Association

    Hanoi Leather and Footwear Association

    Vietnam
  • LEFASO - Vietnam Leather, Footwear and Handbag Association

    LEFASO - Vietnam Leather, Footwear and Handbag Association

    Vietnam
  • LSI - Leather and Shoes Research Institute

    LSI - Leather and Shoes Research Institute

    Vietnam