Vietnam’s footwear exports declined by 10.16 percent month-on-month in January, reaching US$1.90 billion, according to Vietnam’s General Department of Customs.
The US remained the largest market, accounting for 37.27 percent of total exports at US$707.42 million, a slight decrease of 0.33 percent from December. The Netherlands followed with US$142.12 million, representing 7.49 percent of total exports, down 10.11 percent. China ranked third with US$132.18 million, making up 6.96 percent of total exports, declining by 15.93 percent.
Compared to December, Austria recorded the highest growth, rising by 161.54 percent to US$2.12 million. The Czech Republic and Denmark also saw strong increases of 17.06 percent and 26.78 percent, respectively. In contrast, exports to India fell sharply by 81.98 percent, while shipments to Sweden and Russia declined by 73.13 percent and 72.28 percent, respectively.
The top five markets—the US, Netherlands, China, Japan, and Belgium—accounted for 62.06 percent of Vietnam’s total footwear exports in January. Despite growth in select smaller markets, the overall decline reflects softer global demand and shifting trade patterns.
See also: Footwear Manufacturing in Vietnam
Vietnam’s footwear exports, January, US$ millions
| January | December | MoM | YTD | % of Total | |
| Total | 1,898.32 | 2,112.92 | -10.16% | 1,898.32 | 100.00% |
| Other | 15.75 | 27.37 | -42.45% | 15.75 | 0.83% |
| USA | 707.42 | 709.78 | -0.33% | 707.42 | 37.27% |
| Netherlands | 142.12 | 158.11 | -10.11% | 142.12 | 7.49% |
| China | 132.18 | 157.22 | -15.93% | 132.18 | 6.96% |
| Japan | 129.13 | 118.54 | 8.94% | 129.13 | 6.80% |
| Belgium | 86.44 | 131.13 | -34.08% | 86.44 | 4.55% |
| UK | 84.46 | 92.98 | -9.16% | 84.46 | 4.45% |
| South Korea | 66.17 | 66.53 | -0.55% | 66.17 | 3.49% |
| Germany | 59.62 | 87.06 | -31.51% | 59.62 | 3.14% |
| Mexico | 56.52 | 57.08 | -0.99% | 56.52 | 2.98% |
| France | 54.86 | 49.10 | 11.74% | 54.86 | 2.89% |
| Spain | 48.10 | 47.56 | 1.13% | 48.10 | 2.53% |
| Canada | 43.59 | 51.12 | -14.74% | 43.59 | 2.30% |
| Italy | 37.98 | 51.20 | -25.83% | 37.98 | 2.00% |
| Australia | 32.54 | 41.36 | -21.33% | 32.54 | 1.71% |
| Brazil | 17.10 | 16.53 | 3.45% | 17.10 | 0.90% |
| Argentina | 13.26 | 15.09 | -12.13% | 13.26 | 0.70% |
| Chile | 12.17 | 12.75 | -4.58% | 12.17 | 0.64% |
| Indonesia | 12.05 | 7.59 | 58.83% | 12.05 | 0.63% |
| UAE | 11.83 | 26.27 | -54.95% | 11.83 | 0.62% |
| Thailand | 11.36 | 10.89 | 4.26% | 11.36 | 0.60% |
| Taiwan | 10.66 | 14.66 | -27.29% | 10.66 | 0.56% |
| Panama | 10.59 | 13.54 | -21.77% | 10.59 | 0.56% |
| Poland | 9.90 | 8.92 | 11.04% | 9.90 | 0.52% |
| Singapore | 9.41 | 12.54 | -24.93% | 9.41 | 0.50% |
| Malaysia | 8.95 | 10.79 | -17.03% | 8.95 | 0.47% |
| Philippines | 8.68 | 9.77 | -11.15% | 8.68 | 0.46% |
| Turkey | 7.98 | 15.04 | -46.92% | 7.98 | 0.42% |
| Hong Kong | 7.35 | 11.40 | -35.47% | 7.35 | 0.39% |
| Czech Republic | 7.11 | 6.07 | 17.06% | 7.11 | 0.37% |
| Peru | 5.37 | 6.45 | -16.80% | 5.37 | 0.28% |
| South Africa | 4.72 | 7.52 | -37.23% | 4.72 | 0.25% |
| Israel | 4.45 | 9.05 | -50.82% | 4.45 | 0.23% |
| New Zealand | 4.27 | 5.65 | -24.46% | 4.27 | 0.22% |
| Sweden | 3.05 | 11.35 | -73.13% | 3.05 | 0.16% |
| Luxembourg | 2.77 | 4.63 | -40.25% | 2.77 | 0.15% |
| Norway | 2.58 | 3.82 | -32.49% | 2.58 | 0.14% |
| Austria | 2.12 | 0.81 | 161.54% | 2.12 | 0.11% |
| Denmark | 2.03 | 1.60 | 26.78% | 2.03 | 0.11% |
| Ukraine | 1.79 | 2.18 | -17.70% | 1.79 | 0.09% |
| Romania | 1.69 | 1.93 | -12.31% | 1.69 | 0.09% |
| Slovakia | 1.56 | 1.31 | 19.04% | 1.56 | 0.08% |
| Greece | 1.51 | 3.21 | -52.91% | 1.51 | 0.08% |
| Colombia | 1.50 | 3.18 | -52.84% | 1.50 | 0.08% |
| Switzerland | 1.07 | 2.45 | -56.21% | 1.07 | 0.06% |
| Russia | 1.00 | 3.61 | -72.28% | 1.00 | 0.05% |
| India | 0.75 | 4.19 | -81.98% | 0.75 | 0.04% |
| Finland | 0.40 | 0.65 | -38.46% | 0.40 | 0.02% |
| Kazakhstan | 0.22 | 0.78 | -71.02% | 0.22 | 0.01% |
| Portugal | 0.10 | 0.35 | -73.02% | 0.10 | 0.01% |
| Cyprus | 0.07 | 0.19 | -65.43% | 0.07 | 0.00% |