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Vietnam’s footwear exports fall 2.11 percent in December

Vietnam’s footwear exports decreased by 2.11 percent in December compared to November, reaching US$2.11 billion, according to data from Vietnam’s General Department of Customs.

Vietnam’s footwear exports total US$22.87 billion for 2024, reflecting strong demand despite the month-on-month decline.

The decrease in exports was driven by a reduction in shipments to China, which saw a 16.46 percent decline, amounting to US$157.22 million. Exports to Taiwan, Belgium, and Turkey also showed a decline, dropping by 38.89 percent, 6.18 percent, and 26.33 percent, respectively.

However, some markets showed positive growth. Exports to Japan, the USA, Argentina, and the UAE grew by 20.68 percent, 0.62 percent, 26.24 percent, and 54.50 percent, respectively.

See also: Footwear Manufacturing in Vietnam

Vietnam footwear exports, December 2024, US$

DecemberNovemberMoM2024
Total2,112,916,6292,158,541,164-2.11%22,871,532,027
Other193,011,317223,825,366-13.77%2,139,879,327
USA709,784,130714,220,718-0.62%8,284,399,219
Netherlands158,110,627157,578,0850.34%1,669,895,693
China157,220,862188,188,502-16.46%1,911,279,266
Belgium131,131,123139,772,722-6.18%1,322,362,477
Japan118,541,03198,224,26520.68%1,087,929,436
UK92,979,36584,894,7689.52%995,399,286
Germany87,056,65378,299,26411.18%767,574,139
South Korea66,529,93565,484,4501.60%660,375,117
Mexico57,080,71959,464,363-4.01%538,886,256
Italy51,202,22453,937,141-5.07%461,302,963
Canada51,121,92055,707,754-8.23%542,673,884
France49,100,12848,420,1521.40%566,663,810
Spain47,561,29547,677,097-0.24%517,062,081
Australia41,361,78741,073,1600.70%411,734,339
UAE26,266,02017,000,58654.50%220,415,864
Brazil16,527,81114,928,10010.72%181,058,625
Argentina15,087,18411,951,65926.24%105,312,676
Turkey15,041,41920,417,442-26.33%176,503,688
Taiwan14,659,55323,988,369-38.89%192,500,664
Panama13,541,52613,487,2010.40%118,323,217

See also: How to Start an Export Business in Vietnam.

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