World Footwear

Trade

Footwear exports in Vietnam near the 5 billion US dollars

Jun 17, 2016 Vietnam
Footwear exports in Vietnam near the 5 billion US dollars
The leather and footwear sector’s exports reached nearly 5 billion US dollars in the first five months of this year, up by 6% compared to similar period last year, according to the Ministry of Industry and Trade
In May only, exports of leather and footwear products were valued at 1.15 billion US dollars, a year-on-year decrease of 0.6%, with production of leather footwear products in May declining by 6.2 %, reaching 19.3 million pairs.

In the January-May period, the sector produced 93.8 million pairs of shoes, down by 2.9% compared to similar period last year.

The sector has set targets to generate 17 billion US dollars in 2016 from exports of leather products of which 13 to 13.5 billion US dollars are expected to come from exports of footwear.

According to the World Footwear Yearbook, in 2014 Vietnam was  the 3rd largest footwear producer with a 3.7% share. The country produced 910 million pairs of shoes in 2014, and generated exports revenue of 12.2 billion US dollars.


Related Organizations

  • LEFASO - Vietnam Leather, Footwear and Handbag Association

    LEFASO - Vietnam Leather, Footwear and Handbag Association

    Vietnam
  • LSI - Vietnam Leather and Shoes Research Institute

    LSI - Vietnam Leather and Shoes Research Institute

    Vietnam
  • Hai Phong Leather and Footwear Association

    Hai Phong Leather and Footwear Association

    Vietnam
  • Hanoi Leather and Footwear Association

    Hanoi Leather and Footwear Association

    Vietnam