Vietnam
Asia accounts for 56% of global footwear consumption
JUST RELEASED: The geography of footwear consumption is evolving, with Asia consolidating its dominance. Check all details in the new World Footwear Yearbook 2026 recently released by APICCAPS, the Portuguese Footwear Association
24.6 billion pairs: global footwear production in 2025
JUST RELEASED: In 2025, global footwear production remained broadly unchanged, recording a marginal increase of 0.1% to a total of 24.6 billion pairs, according to data from the World Footwear Yearbook 2026 recently released by APICCAPS, the Portuguese Footwear Association
Global footwear production holds steady in 2025
JUST RELEASED: In 2025, global footwear production remained virtually unchanged, recording a marginal increase of 0.1% to a total of 24.6 billion pairs, according to data from the World Footwear Yearbook 2026 recently released by APICCAPS, the Portuguese Footwear Association. This follows a revised estimate for the production figures in 2024, which now indicates a robust growth of nearly 10% for that year. While international trade volume saw a slight dip of 0.1%, the total value of exports rose by 1.6%, reaching 172 billion dollars
Global footwear trade weakens in early 2026
International footwear trade began 2026 under pressure. In the first quarter of the year, most of the main production-based exporters analysed recorded a decline in exports, while several major consumption markets also reduced their imports. The results point to a cautious start to the year for global footwear, although the impact varied substantially across country profiles
China remains top US footwear supplier but market share hits 35-year low
China remained the largest supplier of footwear to the US in 2025, despite its market share falling to 35-year lows in both value and volume, according to the FDRA
Global footwear trade: China loses ground, US imports rise in value
Year-to-date Chinese footwear exports are down, while Vietnam and Indonesia have grown. EU exports increased modestly, with Portugal performing better than Spain and Italy. US imports increased in value
International exhibitions in Asia strengthen industry links
From China to Vietnam, the industry spotlight was on innovation, sourcing and design as leading trade fairs hosted global brands, suppliers and buyers seeking to reinforce connections across markets
The US and Vietnam reach an agreement on tariffs
US President Donald Trump announced that the US would impose lower-than-expected tariffs of 20% on many Vietnamese exports, and 40% on transshipments through Vietnam from third countries
APLF ASEAN is heading to Vietnam
After two editions in Bangkok, the trade fair for the sourcing of leather, materials and technology in Southeast Asia will take place in Ho Chi Minh City, Vietnam, from the 13th to the 15th of November 2025
Vietnam opens trade talks with the US over looming tariffs
Vietnam and the US have formally opened talks over the Trump administration’s threat to impose a 46% tariff on goods from the Southeast Asian country, according to state media reports
Global footwear trade in 2024: China exports slow, US and Germany rebound in imports
China remained the top footwear exporter in 2024, with exports increasing in volume but decreasing in value. Meanwhile, Vietnam and Indonesia consolidated their positions with double-digit export growth. On the import side, the US and Germany reversed their import declines in 2023, which suggests a resurgence in global demand
2024 will not significantly change the landscape of the world’s top footwear exporters
We have looked back at the data available so far on the performance of some of the world’s top footwear exporters in 2024. Unsurprisingly, Asian countries continue to dominate, but China has slowed. In Europe, we highlight the performance of Spain with consistent growth in value and volume of exports
Vietnamese footwear and leather exports reach 27 billion USD
According to Lefaso, the Vietnam Leather, Footwear and Handbag Association, the country's footwear and leather exports reached 27.04 billion US dollars in 2024, an increase of 11.45% year-over-year. Export growth is estimated at 10% for 2025
Vietnam discusses the creation of a raw materials centre to boost the leather and footwear industry
The creation of a raw material development centre could contribute to the sustainable growth of Vietnam's leather and footwear industry, which is mainly a low-value-added processing industry
Upward trend in Vietnamese exports of leather, footwear and handbags
Based on positive results so far, Vietnam’s exports of leather, footwear and handbags could reach 26 to 27 billion USD by the end of the year, according to Lefaso-
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