2025 Vietnam Footwear Parts (HS 640419) Export: Market Shift

Key Takeaways

Footwear Parts, classified under HS Code 640419, exhibited high volatility from January to October 2025.

• Market Pulse: Export values fluctuated sharply, dropping 21.6% in February before rebounding 21.9% in October, driven by U.S. tariff policy shifts.
• Structural Shift: Vietnam Footwear Parts Export reliance on the U.S. (32% of value) creates concentration risk, while Japan and Belgium signal commodity-driven demand.
• Product Logic: HS Code 640419 trade data reveals a bifurcated market—standardized bulk products (12.96 USD/unit) vs. premium variants (26.58 USD/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 640419) Key Metrics Trend

Market Trend Summary

The Vietnam Footwear Parts Export trend for HS Code 640419 showed notable volatility across the first ten months of 2025. After opening the year at $331 million in January, export value dropped sharply by 21.6% in February, then climbed unevenly to a May peak of $339 million before declining through September. A strong October rebound of 21.9% brought monthly value to $344 million, nearly erasing the mid-year losses and suggesting renewed momentum heading into Q4.

Drivers & Industry Context

The mid-year contraction aligns with policy uncertainty, as a proposed 46% U.S. tariff on Vietnamese goods was announced in April [phamfashion.com], likely causing buyers to pause orders. The subsequent July tariff reduction to 20% under a new trade deal (phamfashion.com) corresponds with the stabilization and October recovery, as exporters regained confidence. This policy-driven volatility directly impacted the hs code 640419 value, demonstrating how tariff announcements can trigger inventory adjustments before market normalization.

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

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Vietnam HS Code 640419 Export Breakdown

Market Composition & Top Categories

According to yTrade data, Vietnam's exports under HS Code 640419 from January to October 2025 are dominated by sub-code 64041990, which captures over 99% of shipment volume, quantity, and value. The remaining sub-codes, including a minor variant, collectively account for less than 1% of total exports, indicating a highly concentrated market for Vietnam HS Code 640419 Export. This suggests that production is heavily skewed towards a standardized product form.

Value Chain & Strategic Insights

The unit price spread—12.96 USD per unit for the dominant category versus 26.58 USD per unit for the minor one—points to quality or specialization differentiation within this HS Code 640419 breakdown. This trade structure is not purely commodity-driven; instead, it reflects a market where higher-value products command premiums, indicating a focus on value-added exports. Thus, competition is likely based on quality rather than price alone.

Check Detailed HS Code 640419 Breakdown

Vietnam Footwear Parts Destination Countries

Geographic Concentration & Market Risk

Vietnam's Footwear Parts exports from Jan to Oct 2025 show extreme concentration in the US market, which accounts for 32% of total export value. This creates significant market risk, as a single economic downturn or policy shift in the US could severely impact the entire sector. Diversifying Vietnam Footwear Parts export destinations beyond this dominant partner is a critical strategic priority for mitigating this vulnerability.

Purchasing Behavior & Demand Segmentation

The data reveals a clear split in demand profiles among trade partners for Footwear Parts. The US market operates on a hybrid model, paying above-average unit prices that indicate a focus on quality and value. Conversely, partners like Japan and Belgium show a distinct commodity signal; their quantity share far outpaces their value share, pointing to price-sensitive bulk procurement for industrial processing. This segmentation offers Vietnam a dual strategy: pursuing margin potential in the US and volume scale with Asian and European buyers.

Table: Vietnam Footwear Parts (HS Code 640419) 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 loyal partners. These high-volume repeaters drive nearly 80% of total export value, indicating a market built on stable, contract-based supply chains with major international brands and their trading affiliates. This structure points to deep, recurring relationships rather than spot-market volatility.

Purchasing Behavior & Sales Strategy

The dominance of these key accounts means sales strategy must prioritize relationship management and operational reliability over broad customer acquisition. Suppliers should focus on securing long-term contracts, ensuring consistent quality, and optimizing logistics to serve these high-frequency, high-value partners efficiently. Monitoring HS Code 640419 buyer trends is critical to anticipate shifts in demand from these anchor clients and mitigate concentration risk.

Table: Vietnam Footwear Parts (HS Code 640419) Top Buyers List (Source: yTrade)

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Action Plan for Footwear Parts Market Operation and Expansion

• Diversify export markets: Reduce U.S. dependency by targeting emerging buyers in Asia and Europe to mitigate tariff-driven volatility.
• Lock in long-term contracts: Secure agreements with high-volume repeat buyers (80% of export value) to stabilize revenue streams.
• Optimize logistics for bulk buyers: Streamline costs for price-sensitive markets like Japan and Belgium to compete on volume efficiency.
• Monitor U.S. trade policy: Track tariff updates to anticipate inventory adjustments and adjust pricing strategies proactively.
• Leverage premium product margins: Invest in quality branding for higher-value variants to capture niche demand and offset bulk market pressures.

Take Action Now —— Explore Vietnam Footwear Parts HS Code 640419 Export Data

Frequently Asked Questions

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

Vietnam's Footwear Parts exports faced volatility in 2025 due to U.S. tariff uncertainty, with a 21.6% drop in February and a 21.9% rebound in October after tariff adjustments stabilized the market.

Q2. Who are the main destination countries of Vietnam Footwear Parts (HS Code 640419) in 2025?

The U.S. dominates with 32% of export value, followed by Japan and Belgium, which prioritize bulk procurement at lower unit prices.

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

The U.S. pays higher unit prices (reflecting quality demand), while Japan and Belgium focus on price-sensitive bulk orders, creating a clear segmentation in purchasing behavior.

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

Exporters must prioritize long-term contracts with key U.S. buyers (80% of value) while diversifying to mitigate overreliance on a single market.

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

U.S. buyers can expect stable, quality-focused supply chains, while Asian/European buyers benefit from competitive bulk pricing for industrial use.

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

The data suggests these exports are primarily standardized components (99% under sub-code 64041990), likely for mass footwear assembly by global brands.

Detailed Monthly and Quarterly Report

Vietnam HS Code 640419 Export Data Snapshot 2025 JAN

Vietnam HS Code 640419 Export Data Snapshot 2025 FEB

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Vietnam HS Code 640419 Export Data Snapshot 2025 JUN

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Vietnam HS Code 640419 Export Data Snapshot 2025 SEP

Vietnam HS Code 640419 Export Data Snapshot 2025 Q1

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