2025 Vietnam Footwear Parts (HS 640299) Export: Market Shift

Key Takeaways

Footwear Parts, classified under HS Code 640299, exhibited high volatility from January to October 2025.

• Market Pulse: Exports peaked at $377.4M in April before a 27.6% contraction by September, rebounding sharply in October to nearly erase losses (+0.2% net gain).
• Structural Shift: Vietnam Footwear Parts Export reliance on the U.S. (33.99% of value) and a handful of key buyers (83.98% concentration) creates acute supply chain risk.
• Product Logic: HS Code 640299 trade data reveals a commoditized bulk market, with 99.9% of exports in a single low-value category ($11.70–$13.34/unit).

This overview covers the period from January to October 2025 and is based on verified customs data from the yTrade database.

Vietnam Footwear Parts (HS Code 640299) Key Metrics Trend

Market Trend Summary

The Vietnam Footwear Parts Export trend for HS Code 640299 across the first ten months of 2025 shows a volatile trajectory with a marginal net gain. Exports opened strongly at $334.5 million in January, peaked at $377.4 million in April, then entered a sustained five-month contraction, bottoming out at $273.3 million in September—a 27.6% decline from the April high. A sharp 22.7% month-on-month rebound in October to $335.2 million nearly erased the prior losses, resulting in a net value increase of just 0.2% for the period.

Drivers & Industry Context

The mid-year decline and subsequent recovery in the value derived from HS Code 640299 align directly with Vietnam's implementation of updated customs decrees in July 2025 [Vietnam Briefing]. The new procedures for on-the-spot export transactions initially disrupted supply chains in August and September as manufacturers adapted to revised documentation and compliance requirements. The strong October rebound indicates a successful adjustment to the streamlined framework, facilitating a return to normalized shipment volumes and reinforcing Vietnam's position as a key supplier in global footwear supply chains.

Table: Vietnam Footwear Parts Export Trend (Source: yTrade)

Get Vietnam Footwear Parts Data Latest Updates

Vietnam HS Code 640299 Export Breakdown

Market Composition & Top Categories

According to yTrade data, Vietnam's export of HS Code 640299 is overwhelmingly concentrated in one category. The sub-code for general footwear with rubber/plastic soles commands 99.9% of the total export value and volume from January to October 2025. The remaining Vietnam HS Code 640299 export activity is negligible, consisting of two minor specialized variants that together account for less than 0.1% of the trade.

Value Chain & Strategic Insights

The HS Code 640299 breakdown reveals a classic commodity profile, with all sub-codes trading within a narrow price band of $11.70 to $13.34 per unit. This minimal price differential, combined with the extreme market concentration, indicates a highly price-sensitive trade structure focused on high-volume, low-value-added manufacturing. This is a bulk market where competitive pricing, not product specialization, drives trade.

Check Detailed HS Code 640299 Breakdown

Vietnam Footwear Parts Destination Countries

Geographic Concentration & Market Risk

Vietnam's Footwear Parts export destinations from January to October 2025 show extreme concentration in the United States, which captured 33.99% of total export value. This heavy reliance on a single market introduces significant supply chain vulnerability to U.S. economic shifts or trade policy changes. The next largest partners, China and the Netherlands, hold only 8.34% and 8.26% value shares respectively, failing to provide meaningful diversification.

Purchasing Behavior & Demand Segmentation

The U.S. market demonstrates a clear premium orientation, with its value share (33.99%) notably exceeding its quantity share (33.02%). This value-volume gap indicates American buyers prioritize higher-value specifications over bulk purchases, likely sourcing specialized components for quality footwear production. The relatively lower frequency ratio (24.12%) further confirms larger, consolidated shipments rather than fragmented orders. This profile offers Vietnam margin potential rather than pure volume scale for Footwear Parts trade partners.

Table: Vietnam Footwear Parts (HS Code 640299) Top Destination Countries (Source: yTrade)

Get Vietnam Footwear Parts (HS Code 640299) Complete Destination Countries Profile

Vietnam Footwear Parts Buyer Companies Analysis

Buyer Concentration & Market Structure

According to yTrade data, the market for Vietnam Footwear Parts buyers is overwhelmingly dominated by a core group of Key Accounts. These High-Volume Repeaters, including major entities like CJ SHOES HOLDINGS LTD, accounted for 83.98% of total export value from January to October 2025. This structure points to a stable, contract-based supply chain, where long-term manufacturing partnerships drive the bulk of trade in HS Code 640299.

Purchasing Behavior & Sales Strategy

The heavy reliance on a few Key Accounts creates significant concentration risk; losing even one major client could severely impact export revenue. A sales strategy should prioritize relationship management and potential upselling within these existing accounts to mitigate this vulnerability. For long-tail buyers, a streamlined digital approach may capture additional SME orders, though customs updates in 2025 [Vietnam Briefing] suggest ensuring compliance is critical for all HS Code 640299 buyer trends.

Table: Vietnam Footwear Parts (HS Code 640299) Top Buyers List (Source: yTrade)

Check Full Vietnam Footwear Parts Buyers list

Action Plan for Footwear Parts Market Operation and Expansion

• Diversify buyers: Target SME buyers with digital sales channels to reduce reliance on the 84% key account concentration.
• Shift geographic focus: Expand into China (8.34% share) and the Netherlands (8.26%) to mitigate U.S. market dependency.
• Optimize logistics: Negotiate bulk shipping rates to protect margins in the price-sensitive HS Code 640299 segment.
• Monitor compliance: Audit export documentation processes to prevent disruptions from Vietnam’s 2025 customs reforms.
• Leverage premium demand: Upsell higher-value specifications to U.S. buyers, where value share (33.99%) outpaces volume (33.02%).

Take Action Now —— Explore Vietnam Footwear Parts HS Code 640299 Export Data

Frequently Asked Questions

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

The volatility in Vietnam's Footwear Parts exports is primarily due to customs procedure updates in mid-2025, which initially disrupted shipments but were later adjusted to, resulting in a sharp rebound by October.

Q2. Who are the main destination countries of Vietnam Footwear Parts (HS Code 640299) in 2025?

The U.S. is the dominant market, accounting for 33.99% of export value, followed distantly by China (8.34%) and the Netherlands (8.26%).

Q3. Why does the unit price differ across destination countries of Vietnam Footwear Parts Export in 2025?

Price variation is minimal, as HS Code 640299 is a bulk commodity with all sub-codes trading within a narrow range of $11.70 to $13.34 per unit, reflecting a price-sensitive market.

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

Exporters should prioritize maintaining relationships with key buyers (who drive 83.98% of trade) and ensure compliance with updated customs procedures to mitigate supply chain risks.

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

Buyers, especially in the U.S., benefit from stable, large-scale shipments but should be aware of potential supply chain disruptions due to Vietnam's heavy reliance on a few key markets and clients.

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

HS Code 640299 primarily consists of general footwear with rubber/plastic soles, traded as a high-volume, low-value commodity for mass manufacturing.

Detailed Monthly and Quarterly Report

Vietnam HS Code 640299 Export Data Snapshot 2025 JAN

Vietnam HS Code 640299 Export Data Snapshot 2025 FEB

Vietnam HS Code 640299 Export Data Snapshot 2025 MAR

Vietnam HS Code 640299 Export Data Snapshot 2025 APR

Vietnam HS Code 640299 Export Data Snapshot 2025 JUN

Vietnam HS Code 640299 Export Data Snapshot 2025 JUL

Vietnam HS Code 640299 Export Data Snapshot 2025 AUG

Vietnam HS Code 640299 Export Data Snapshot 2025 SEP

Vietnam HS Code 640299 Export Data Snapshot 2025 Q1

Vietnam HS Code 640299 Export Data Snapshot 2025 Q2

Vietnam HS Code 640299 Export Data Snapshot 2025 Q3