Vietnam footwear exports up 37.99% MoM in March 2026 / USA +35.66%, Netherlands +87.30%

Vietnam exported footwear to the tune of US$1,951 million in March, up from US$1,414 million in February, a change of 37.99 percent, according to preliminary data from Vietnam’s General Department of Customs.

Year to date, Vietnam had exported US$5,420 million worth of footwear by the end of March.

The USA accounted for US$765 million of Vietnam’s footwear exports in March, up from US$564 million in February, a change of 35.66 percent. Year to date, Vietnam has shipped US$2,151 million worth of footwear to the USA.

After the USA was the Netherlands, with US$181 million in March, up from US$96 million in February, a change of 87.30 percent. Year to date, Vietnam has shipped US$430 million worth of footwear to the Netherlands.

Next was Belgium, taking US$96 million in March, up from US$57 million in February, a change of 69.37 percent. Year to date, Vietnam has shipped US$261 million worth of footwear to Belgium.

Following Belgium was the UK, representing US$81 million in March, up from US$52 million in February, a change of 56.56 percent. Year to date, Vietnam has shipped US$217 million worth of footwear to the UK.

Rounding out the top five was Japan, with US$73 million in March, down from US$76 million in February, a change of -3.96 percent. Year to date, Vietnam has shipped US$276 million worth of footwear to Japan.

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Vietnam footwear news

Recent developments in footwear in Vietnam include:

Vietnam is Adidas largest sourcing base

Vietnam remains Adidas’s largest sourcing base, accounting for 27 percent of global production in 2025, unchanged year on year.

The country dominates footwear output with a 41 percent share, while also ranking second in apparel at 18 percent behind Cambodia. Read more→

Raw materials / logistics costs jump

Logistics costs have risen about 15 percent and raw material prices have increased by up to 30–40 percent amid the Middle East conflict, with shipping times extended by 14 to 20 days due to route changes.

Sectors such as textiles and footwear remain heavily dependent on imported inputs, with about 70 percent of materials sourced from abroad, limiting pricing flexibility, with some firms holding only two to three months of inventory. Read more→

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Vietnam’s footwear industry

Vietnam is a major global exporter of footwear, driven by a large manufacturing base, competitive labour costs, and deep integration into global supply chains.

The sector is heavily export-oriented, with key markets including the United States, the European Union, Japan, and South Korea, supported by multiple free trade agreements.

Production is dominated by foreign-invested enterprises, though domestic firms are gradually moving up the value chain into higher-value and branded segments.

Industry growth is increasingly shaped by sustainability requirements, shifting sourcing strategies, and rising labour and input costs.

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The data

Vietnam exports of footwear in March, 2026 US$m