Vietnam Footwear HS640419 Export Data 2025 July Overview

Vietnam Footwear (HS 640419) 2025 July Export: Key Takeaways

Vietnam's footwear exports under HS Code 640419 in July 2025 show heavy reliance on the US, absorbing 37.8% of volume but at slightly lower unit values, while China and EU markets command higher premiums. The US remains the dominant buyer, creating concentration risk, though new VAT-free on-spot trade rules may ease supply chain costs. Based on cleanly processed Customs data from the yTrade database, this analysis confirms Vietnam's strategic pivot toward tariff-advantaged markets amid shifting demand patterns.

Vietnam Footwear (HS 640419) 2025 July Export Background

Vietnam's Footwear (HS Code 640419), defined as footwear with rubber/plastic outer soles & textile uppers, serves global fashion, sports, and casual wear markets due to its lightweight comfort and cost efficiency. As of July 2025, Vietnam enforces updated customs rules under its new on-spot import/export law, requiring full declarations while maintaining 0% VAT for eligible exports [RealLogistics]. The country remains a top exporter, leveraging competitive labor and trade agreements, though U.S. tariffs (20% from July 2025) add complexity for Vietnam Footwear HS Code 640419 Export 2025 July shipments.

Vietnam Footwear (HS 640419) 2025 July Export: Trend Summary

Key Observations

Vietnam Footwear HS Code 640419 Export in July 2025 reached $321.19 million, with volume metrics not detailed in the available data, marking a slight moderation from earlier months.

Price and Volume Dynamics

Month-over-month, July's export value edged down from June's $322.81 million, reflecting a minor contraction. Throughout 2025, exports have shown variability, with a peak in May ($339.38M) and a low in February ($259.60M). This pattern aligns with typical footwear industry cycles, where mid-year often sees a lull as production shifts toward fall and holiday seasons, suggesting seasonal adjustment rather than fundamental weakness.

External Context and Outlook

The stability in July exports coincides with Vietnam's new law on on-spot import/export effective July 1, 2025, which streamlines customs under a 0% VAT framework [Real Logistics]. However, the U.S. implemented a 20% tariff on most Vietnamese goods from July 2 (Dacotex), potentially elevating costs for key markets. These regulatory shifts may foster compliance but could pressure margins, requiring close monitoring of trade agreement utilizations to mitigate tariff impacts.

Vietnam Footwear (HS 640419) 2025 July Export: HS Code Breakdown

Product Specialization and Concentration

In July 2025, Vietnam's export of footwear under HS Code 640419 is overwhelmingly dominated by the standard product variant, specifically "Footwear with outer soles of rubber or plastics and uppers of textile materials", which accounts for over 99% of both the quantity and value exported. This main sub-code has a unit price of 13.49 USD per unit, indicating a bulk, mass-market focus. A separate, high-priced anomaly exists with a unit price of 33.60 USD per unit, but it represents less than 1% of the trade, suggesting it is a niche or specialized product isolated from the primary analysis.

Value-Chain Structure and Grade Analysis

The market structure for Vietnam Footwear HS Code 640419 Export in 2025 July centers on a single, high-volume product category of finished consumer goods, characterized by low unit prices and large-scale production. This implies a trade in differentiated manufactured goods rather than fungible commodities, with the bulk of exports being standard-grade footwear aimed at cost-sensitive markets. The absence of multiple sub-categories beyond the main product and the anomaly points to a streamlined value chain focused on efficiency and volume.

Strategic Implication and Pricing Power

Exporters of Vietnam Footwear under HS Code 640419 likely face limited pricing power due to the bulk nature of trade, emphasizing cost leadership and scale efficiencies. The new Vietnamese law on on-spot import/export, effective July 1, 2025, maintains a 0% VAT rate for eligible goods, which could support margin preservation by reducing administrative costs [Real Logistics]. However, external tariffs, such as the U.S. imposing up to 20% rates, may pressure profitability, requiring careful compliance and origin documentation to leverage trade agreements (Real Logistics).

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Vietnam Footwear (HS 640419) 2025 July Export: Market Concentration

Geographic Concentration and Dominant Role

In July 2025, Vietnam's footwear exports under HS Code 640419 are heavily concentrated in the United States, which leads with a 37.83% share of quantity and 34.56% of value, indicating a dominant market for mass-produced goods. The value ratio is slightly lower than the quantity ratio, suggesting that the US absorbs high volumes at competitive unit prices, typical for standardized manufactured footwear where economies of scale drive sourcing.

Partner Countries Clusters and Underlying Causes

Two main clusters emerge: the US and Japan form a high-volume, lower-value group, with Japan's quantity ratio at 10.28% exceeding its value ratio of 4.97%, pointing to bulk purchases for mass retail. China and European nations like the Netherlands and UK represent a higher-value cluster, where value ratios surpass quantity ratios (e.g., China at 10.60% value vs. 7.51% quantity), likely due to demand for premium segments or distribution hub roles in regions with favorable trade terms.

Forward Strategy and Supply Chain Implications

Vietnamese exporters should prioritize markets with lower tariff barriers, such as the EU and UK under free trade agreements, to counter the 20% US tariff on most goods. The new Vietnamese law on on-spot import/export, effective July 2025, provides 0% VAT for compliant shipments [Real Logistics], enabling cost-efficient supply chains for high-volume footwear exports to key partners.

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Vietnam Footwear (HS 640419) 2025 July Export: Action Plan for Footwear Market Expansion

Strategic Supply Chain Overview

The Vietnam Footwear Export 2025 July for HS Code 640419 operates as a high-volume, low-price market. Core price drivers are production scale and buyer contract volumes, not raw material costs. The US market absorbs bulk orders at competitive rates, but faces 20% tariffs. Supply chains must prioritize compliance and cost efficiency. Vietnam acts as an assembly hub for standardized footwear, dependent on frequent, high-value buyers for stability.

Action Plan: Data-Driven Steps for Footwear Market Execution

• Use buyer frequency data to forecast US order cycles and align production schedules. This prevents overstock and reduces storage costs during tariff-influenced demand shifts.
• Diversify export destinations using trade data to target EU and UK markets under FTA advantages. This counters US tariff risks and balances revenue streams.
• Leverage the new Vietnam on-spot import/export law’s 0% VAT benefit for compliant shipments. This lowers administrative costs and protects margins for high-volume HS Code 640419 exports.
• Analyze unit price anomalies to develop niche product lines for premium markets like China. This captures higher-value opportunities beyond bulk trade.
• Monitor buyer segment trends to identify shifts from high-frequency to infrequent orders. This enables proactive inventory management and reduces dependency on single buyer groups.

Take Action Now —— Explore Vietnam Footwear Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Vietnam Footwear Export 2025 July?

A1. July 2025 exports dipped slightly to $321.19M from June's $322.81M, reflecting seasonal adjustments. The market faces pressure from new U.S. tariffs (20%) and benefits from Vietnam's streamlined 0% VAT customs process for compliant shipments.

Q2. Who are the main partner countries in this Vietnam Footwear Export 2025 July?

A2. The U.S. dominates with 37.83% of quantity and 34.56% of value, followed by Japan (10.28% quantity, 4.97% value) and China (7.51% quantity, 10.60% value).

Q3. Why does the unit price differ across Vietnam Footwear Export 2025 July partner countries?

A3. Price differences stem from bulk exports of standard footwear (99% of trade at $13.49/unit) versus niche high-value products (under 1% at $33.60/unit). China and EU markets command higher unit prices due to premium demand or distribution roles.

Q4. What should exporters in Vietnam focus on in the current Footwear export market?

A4. Prioritize high-value, frequent buyers (73.39% of export value) while diversifying to mitigate U.S. tariff risks. Leverage EU/UK trade agreements and Vietnam’s 0% VAT policy for cost-efficient shipments.

Q5. What does this Vietnam Footwear export pattern mean for buyers in partner countries?

A5. U.S. and Japanese buyers benefit from stable bulk supply at competitive prices, while EU/China buyers access higher-value segments. All face potential cost increases from tariffs and compliance changes.

Q6. How is Footwear typically used in this trade flow?

A6. Over 99% of exports are finished consumer footwear (textile uppers, rubber/plastic soles) for mass retail, emphasizing cost leadership and scale. Niche high-priced variants serve specialized markets.