Vietnam Leather Footwear HS640399 Export Data 2025 February Overview

Vietnam Leather Footwear (HS 640399) 2025 February Export: Key Takeaways

In February 2025, Vietnam Leather Footwear Export (HS Code 640399) saw the U.S. dominate as the top buyer, accounting for 38.58% of export value, signaling stable bulk demand for standard-grade products. The EU acted as a regional distribution hub, while East Asia offered niche opportunities, balancing geographic risk. Buyer concentration remained high, with the U.S. driving nearly two-fifths of trade, underscoring reliance on mature retail markets. This analysis, based on cleanly processed Customs data from the yTrade database, reflects February 2025 trends.

Vietnam Leather Footwear (HS 640399) 2025 February Export Background

Vietnam’s Leather Footwear (HS Code 640399), defined as footwear with rubber/plastic outer soles and leather uppers, serves global fashion and workwear industries, where durability and style drive steady demand. With updated 2025 HS code requirements ensuring smoother customs clearance [Vietnam Briefing], Vietnam remains a top exporter, particularly to markets like Germany and China, where its competitive pricing and quality solidify its role. February 2025 data confirms Vietnam’s Leather Footwear Export growth, backed by streamlined procedures and strong global demand.

Vietnam Leather Footwear (HS 640399) 2025 February Export: Trend Summary

Key Observations

In February 2025, Vietnam's export of Leather Footwear under HS Code 640399 was valued at $369.38 million, with volume data not specified in the available metrics. This performance reflects a notable shift from the previous month, positioning the month within the broader export trends for the year.

Price and Volume Dynamics

The export value decreased by approximately 23% month-over-month from January's $479.02 million, indicating a seasonal dip common in the footwear industry post-holiday demand peaks. Leather footwear exports often experience reduced orders in February as global retailers adjust inventories after the high-volume holiday season, aligning with typical stock cycle downturns. This MoM decline suggests a temporary slowdown rather than a structural issue, given the industry's reliance on seasonal ordering patterns.

External Context and Outlook

External factors, including updates to HS code compliance and customs procedures in 2025 as detailed by Vietnam Briefing, may have contributed to short-term export adjustments or declarations delays. However, Vietnam's strong foothold in key markets like Germany, where HS 640399 exports showed rapid growth in early 2025 (GTAIC), supports an outlook for rebound, leveraging streamlined customs and sustained demand under trade agreements.

Vietnam Leather Footwear (HS 640399) 2025 February Export: HS Code Breakdown

Product Specialization and Concentration

In February 2025, Vietnam's export of Leather Footwear under HS Code 640399 is overwhelmingly dominated by sub-code 64039990, which holds over 99% of the value share. This product, described as footwear not covering the ankle with outer soles of rubber, plastics, or composition leather and uppers of leather, has a unit price of $17.27 per pair. The minor sub-codes, 64039930 and 64039910, with unit prices of $23.19 and $11.54 per pair respectively, represent niche segments but are not extreme anomalies, so they are included in further analysis.

Value-Chain Structure and Grade Analysis

The remaining sub-codes can be grouped into two quality-based categories: a higher-grade segment represented by 64039930 at $23.19 per pair, and a lower-grade segment represented by 64039910 at $11.54 per pair. This variation in unit prices indicates a market for differentiated manufactured goods with distinct quality tiers, rather than a fungible bulk commodity trade linked to indices.

Strategic Implication and Pricing Power

For Vietnam Leather Footwear HS Code 640399 Export 2025 February, the concentration in mid-priced goods suggests strong pricing power in that segment, while the niche higher and lower grades offer opportunities for diversification. [GTAIC] reports that this code is a top export to markets like Germany, reinforcing the need for compliance with evolving HS codes to maintain market access (GTAIC). Exporters should focus on quality control and market-specific adaptations to leverage this structure.

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Vietnam Leather Footwear (HS 640399) 2025 February Export: Market Concentration

Geographic Concentration and Dominant Role

In February 2025, the United States was the top importer of Vietnam Leather Footwear HS Code 640399, holding 38.58% of export value and 37.63% of quantity, indicating a balanced unit price around 17.7 USD per pair and suggesting standard product grade without high premium or discount shifts. This pattern points to mature, bulk sourcing for mass retail markets, with the US driving nearly two-fifths of Vietnam's export flow for this period.

Partner Countries Clusters and Underlying Causes

Two main clusters emerge: first, the EU bloc (Netherlands, Germany, Italy, Belgium) shows moderate value shares but high frequency, hinting at distribution hub roles for regional sales, possibly aided by EU trade preferences like GSP [GTAIC]. Second, East Asian markets (China, Japan, South Korea) display lower quantity but steady value, likely due to niche demand or shorter supply chains for faster turnover, while the UK and Canada reflect similar mid-tier, diversified import patterns.

Forward Strategy and Supply Chain Implications

For Vietnam Leather Footwear exporters, focus on maintaining US bulk orders while exploring EU hub advantages for tariff efficiency, as customs updates [Vietnam Briefing] simplify procedures. Diversify into East Asia for higher-margin opportunities, but ensure HS code compliance (GTAIC) to avoid delays, leveraging 2025's stable demand to secure long-term contracts and reduce over-reliance on single markets.

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Vietnam Leather Footwear (HS 640399) 2025 February Export: Action Plan for Leather Footwear Market Expansion

Strategic Supply Chain Overview

The Vietnam Leather Footwear Export 2025 February for HS Code 640399 is a manufactured goods market. Price is driven by product specification tiers (mid-grade at $17.27/unit) and OEM contract volumes from dominant bulk buyers. The supply chain implication is an assembly hub role, heavily reliant on US mass retail orders (38.58% share) and EU distribution networks. This creates vulnerability to demand shifts from a few key clients but offers stability through high-frequency contracts.

Action Plan: Data-Driven Steps for Leather Footwear Market Execution

• Prioritize contracts with high-value, high-frequency buyers using order history data to secure stable revenue and production planning, because they drive 83.74% of export value.
• Diversify into EU and East Asian markets by analyzing buyer frequency to target clients in hub countries like Germany and South Korea, reducing over-reliance on US demand and leveraging trade preferences.
• Adjust product mix toward higher-grade segments using HS code unit price data (e.g., 64039930 at $23.19/unit) to capture margin opportunities in niche markets, balancing the dominant mid-tier offering.
• Monitor HS code compliance updates with real-time regulatory feeds to avoid customs delays, especially for EU exports where rules evolve, ensuring uninterrupted market access.

Take Action Now —— Explore Vietnam Leather Footwear Export Data

Frequently Asked Questions

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

The 23% month-over-month decline in export value reflects a seasonal dip post-holiday demand, typical for footwear trade cycles. This temporary slowdown aligns with global retailers adjusting inventories after peak ordering periods.

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

The United States dominates with 38.58% of export value, followed by EU hubs like Germany and the Netherlands, which leverage trade preferences for regional distribution.

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

Price differences stem from product-grade segmentation: sub-code 64039930 ($23.19/pair) serves premium markets, while 64039910 ($11.54/pair) caters to budget segments.

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

Exporters must prioritize high-value frequent buyers (83.74% of revenue) while diversifying into EU and East Asian markets to reduce reliance on the US bulk segment.

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

Buyers benefit from stable mid-tier pricing ($17.27/pair) but should monitor Vietnam’s capacity to meet bulk demand, especially during seasonal peaks.

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

The products are primarily non-ankle-covering footwear with leather uppers, targeting mass retail and niche markets through differentiated quality tiers.