2025 Vietnam Footwear Parts (HS 640399) Export: Sharp Volatility

Key Takeaways

Footwear Parts, classified under HS Code 640399, exhibited high volatility from January to October 2025.

• Market Pulse: Export values fluctuated sharply, peaking at $528M in April before dropping 28% to a Q3 low of $379M, with a partial October rebound to $463M.
• Structural Shift: Vietnam Footwear Parts Export reliance on the U.S. (39.22% of value) and a handful of key buyers (83.79% of value) creates acute concentration risk.
• Product Logic: HS Code 640399 trade data reveals a commoditized market, with 99% of volume tied to a single sub-code (64039990) priced at $17.58/unit, emphasizing cost-driven competition.

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 640399) Key Metrics Trend

Market Trend Summary

The Vietnam Footwear Parts Export trend under HS Code 640399 from January to October 2025 displayed pronounced volatility, opening at $479M before declining 23% in February. A sustained recovery through April peaked at $528M, but momentum faded with consecutive monthly contractions from July to September, hitting a quarterly low of $379M. October’s 22% rebound to $463M partially offset Q3’s downturn, though full recovery remained elusive.

Drivers & Industry Context

The mid-year softening in hs code 640399 value aligns with typical demand cycles in key markets like the EU, where Vietnam solidified its role as a strategic non-EU supplier [Vietnam Briefing]. Customs reforms under Decree 167/2025/ND-CP, simplifying on-the-spot export declarations and duty exemptions for imported inputs, likely supported resilience in high-value leather footwear production (Vietnam Briefing). However, the sharp September contraction suggests persistent headwinds in global apparel supply chains, tempering the operational benefits of regulatory streamlining.

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

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Vietnam HS Code 640399 Export Breakdown

Market Composition & Top Categories

According to yTrade data, Vietnam's HS Code 640399 export market is overwhelmingly dominated by sub-code 64039990, which captures over 99% of shipment frequency, volume, and value from January to October 2025. This sub-code, describing footwear with leather uppers and non-ankle coverage, defines the entire trade flow for Vietnam HS Code 640399 Export. The remaining sub-codes collectively account for less than 0.1% of activity, indicating minimal diversification in this segment.

Value Chain & Strategic Insights

Unit prices range from 11.70 to 22.19 USD per unit, with the dominant sub-code priced at 17.58, suggesting a standardized, commodity-driven market where volume trumps specialization. This HS Code 640399 breakdown reveals a price-sensitive environment typical of bulk footwear parts production, with minor variations not disrupting the core low-margin logic. For exporters, competition hinges on cost efficiency rather than product differentiation.

Check Detailed HS Code 640399 Breakdown

Vietnam Footwear Parts Destination Countries

Geographic Concentration & Market Risk

Vietnam's Footwear Parts export destinations from Jan to Oct 2025 show extreme concentration in the United States, which captured 39.22% of total export value. This heavy reliance on a single market creates significant exposure to U.S. economic conditions and trade policy shifts. The Netherlands and China follow distantly at 8.64% and 6.59% respectively, failing to provide meaningful diversification against potential demand shocks from the American market.

Purchasing Behavior & Demand Segmentation

The nearly identical value (39.22%) and quantity (38.62%) ratios for the U.S. market indicate balanced, industrial-scale procurement of Footwear Parts. With frequency trailing at 28.06%, trade partners for Footwear Parts are placing fewer but larger orders, consistent with bulk manufacturing supply chains rather than retail fragmentation. This pattern confirms volume-driven demand from assembly lines seeking consistent input supplies, offering scale rather than premium margin potential.

Table: Vietnam Footwear Parts (HS Code 640399) Top Destination Countries (Source: yTrade)

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Vietnam Footwear Parts Buyer Companies Analysis

Buyer Concentration & Market Structure

According to yTrade data, Vietnam Footwear Parts buyers are overwhelmingly dominated by a core group of Key Accounts, which accounted for 83.79% of total export value from January to October 2025. This segment represents stable, contract-based supply chains with manufacturers or large retailers that place frequent, high-volume orders. The market structure is therefore highly concentrated around a few loyal, repeat customers.

Purchasing Behavior & Sales Strategy

The dominance of these High-Volume Repeaters indicates a mature supply chain, but also creates significant concentration risk for exporters. To mitigate this, suppliers should deepen relationships with existing key accounts through dedicated service while simultaneously targeting the long-tail of smaller, occasional buyers to diversify their client base. For HS Code 640399 buyer trends, a hybrid strategy balancing account management for majors with efficient digital channels for smaller orders is advised.

Table: Vietnam Footwear Parts (HS Code 640399) Top Buyers List (Source: yTrade)

Check Full Vietnam Footwear Parts Buyers list

Action Plan for Footwear Parts Market Operation and Expansion

• Diversify buyer base: Target smaller, occasional clients to reduce dependence on the 84% of revenue tied to high-volume repeat buyers.
• Expand geographic reach: Mitigate U.S. market risk by prioritizing secondary hubs like the Netherlands (8.64%) and China (6.59%) through trade incentives.
• Optimize logistics costs: Leverage Vietnam’s streamlined customs (Decree 167/2025) to offset thin margins in bulk leather footwear parts shipments.
• Monitor U.S. trade policy: Anticipate tariff or demand shocks by tracking regulatory updates affecting 39% of export value.
• Lock in contracts during rebounds: Capitalize on volatile cycles (e.g., October’s 22% surge) by securing fixed-price agreements at recovery peaks.

Take Action Now —— Explore Vietnam Footwear Parts HS Code 640399 Export Data

Frequently Asked Questions

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

Vietnam's Footwear Parts exports under HS Code 640399 showed sharp volatility in 2025, peaking at $528M in April before declining to $379M by September. The mid-year softening aligns with global apparel supply chain headwinds, while October’s 22% rebound reflects regulatory streamlining benefits like simplified customs under Decree 167/2025.

Q2. Who are the main destination countries of Vietnam Footwear Parts (HS Code 640399) in 2025?

The U.S. dominated with 39.22% of export value, followed distantly by the Netherlands (8.64%) and China (6.59%). This extreme geographic concentration exposes Vietnam to demand shocks from the American market.

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

Unit prices range from $11.70 to $22.19, with the dominant sub-code (64039990, 99% share) priced at $17.58. The narrow spread reflects a standardized, commodity-driven market where bulk production trumps specialization.

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

Exporters should deepen relationships with key accounts (83.79% of value) while diversifying into smaller buyers to mitigate concentration risk. A hybrid strategy balancing volume contracts with efficient digital channels for niche orders is optimal.

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

Buyers benefit from stable, industrial-scale supply chains with consistent bulk pricing, but face reliance on Vietnam’s concentrated production base. The U.S. market’s identical value/quantity ratios (39.22%/38.62%) confirm predictable procurement for assembly lines.

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

Footwear Parts (HS Code 640399) are primarily non-ankle leather uppers for bulk manufacturing, traded as low-margin commodities. Over 99% of exports fall under sub-code 64039990, indicating standardized inputs for mass footwear production.

Detailed Monthly and Quarterly Report

Vietnam HS Code 640399 Export Data Snapshot 2025 JAN

Vietnam HS Code 640399 Export Data Snapshot 2025 FEB

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Vietnam HS Code 640399 Export Data Snapshot 2025 Q1

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Vietnam HS Code 640399 Export Data Snapshot 2025 Q3