Vietnam’s footwear exports surge in October, maintain strong year-to-date growth

Vietnam’s footwear exports experienced a significant boost in October 2024, with export value reaching US$2.03 billion. This marks a 29.6 percent increase compared to September, which recorded US$1.57 billion, reflecting a surge in global demand for Vietnamese footwear products, according to Vietnam’s General Department of Customs.

Year-to-date figures also show solid growth. From January to October, Vietnam exported footwear worth US$18.57 billion, a 12.9 percent increase compared to the same period in 2023.

The strong performance highlights Vietnam’s growing reputation as a leading global supplier of high-quality and cost-competitive footwear. October’s sharp increase underscores the sector’s pivotal role in the country’s export economy, with opportunities for continued expansion driven by robust international demand.

See also: Footwear Manufacturing in Vietnam

Vietnam’s footwear exports, October vs. September 2024

OctoberSeptemberMoMYTD
Total2,031,599,8771,567,237,88529.63%18,574,452,891
USA686,040,657586,331,93117.01%6,855,000,468
China128,028,717119,350,6327.27%1,562,729,314
Netherlands173,611,528122,594,53241.61%1,352,657,253
Belgium137,491,91292,907,37347.99%1,050,574,032
Japan83,140,41165,636,30126.67%867,830,332
UK97,388,61367,442,96744.40%817,033,162
Germany75,643,50548,064,82357.38%601,526,306
South Korea36,407,15539,011,388-6.68%527,800,283
France51,924,90345,400,31414.37%469,301,142
Canada53,984,78637,296,94344.74%435,540,612
Mexico64,160,42931,357,864104.61%422,230,877
Spain44,107,77133,051,08633.45%421,871,985
Italy57,111,21540,362,02741.50%356,044,825
Australia39,644,59333,562,88518.12%329,232,848
UAE25,542,19116,993,24450.31%177,025,347
Taiwan14,750,17613,410,4359.99%153,650,997
Brazil18,457,78513,665,46235.07%149,519,870
Turkey21,656,66712,203,97177.46%140,663,563
Chile15,415,6189,202,44267.52%119,195,292
India1,076,77138,0872727.14%115,630,268
Singapore9,746,0787,537,33029.30%99,457,865
South Africa10,902,30210,137,0627.55%98,280,465
Malaysia10,357,2216,843,07451.35%95,148,303
Indonesia8,621,2068,071,8496.81%93,263,917
Panama9,188,4417,398,70524.19%91,305,014
Thailand8,584,0716,311,26836.01%87,926,347
HongKong8,633,1295,926,20145.68%87,746,058
Philippines8,847,9087,528,51017.53%86,623,153
Czech Republic12,807,2603,555,386260.22%80,288,881
Argentina13,163,7909,978,66431.92%78,148,110
Poland8,925,8395,440,42264.07%69,943,955
Peru7,655,8135,834,47131.22%65,861,223
Israel10,174,3273,929,020158.95%56,645,885
Luxembourg6,254,1126,644,216-5.87%50,692,971
Sweden7,505,1693,455,202117.21%47,751,047
New Zealand6,386,0214,368,40246.19%46,315,133
Colombia2,174,1601,378,30357.74%24,941,175
Austria2,624,0802,553,1832.78%22,344,509
Denmark1,563,388913,44671.15%18,753,789
Romania4,013,3752,105,11790.65%18,590,471
Greece2,769,282531,981420.56%17,953,651
Switzerland3,528,0761,651,657113.61%17,361,880
Ukraine3,576,9132,801,58827.67%16,592,322
Norway1,451,200338,341328.92%14,347,525
Slovakia (Slovak Rep.)2,111,6561,912,23210.43%12,793,714
Russia497,0671,208,223-58.86%9,385,584
Kazakhstan776,907268,669189.17%4,781,626
Finland645,15439,1781546.73%3,559,500
Portugal156,04170,091122.63%2,336,935
Cyprus194,35500.00%1,474,244
Hungary186,74700.00%816,227
Armenia108,92666,25064.42%466,243
Iceland96,83000.00%277,323
Other33,175,68320,730,65660.03%227,219,070

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