Vietnam Leather Footwear HS640399 Export Data 2025 January Overview

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

Vietnam's Leather Footwear exports under HS Code 640399 in January 2025 show stable mid-range quality, with the US dominating as the top importer (37.91% of value), highlighting high market concentration. The US, Netherlands, and UK form a high-demand cluster, while regional players like China benefit from proximity. Exporters should prioritize US ties and expand into EU hubs, leveraging Vietnam’s strategic role. This analysis is based on cleanly processed Customs data from the yTrade database for January 2025.

Vietnam Leather Footwear (HS 640399) 2025 January 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 due to its durability and style. With Vietnam's 2025 customs reforms simplifying procedures under Decrees 167/2025/ND-CP and 182/2025/ND-CP, exporters face updated HS code standards for markets like China and the EU [Vietnam Briefing]. As a top supplier, Vietnam's January 2025 exports of HS 640399 footwear continue to grow, driven by strong demand in key markets like Germany.

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

Key Observations

In January 2025, Vietnam's Leather Footwear exports under HS Code 640399 reached a value of 479.02 million USD, with volume data not specified in the available dataset, indicating a focus on value-driven trade for the period.

Price and Volume Dynamics

The export value for January 2025 appears solid, though without comparative monthly or yearly data, it's assessed against the leather footwear industry's typical seasonal cycles. This sector often sees steady demand in early-year periods due to post-holiday inventory replenishment and new season order placements from key markets like Europe and China. The absence of volume metrics suggests a potential shift towards higher-value product mixes or data reporting gaps, rather than a decline in trade activity.

External Context and Outlook

External factors support this performance, with Vietnam's customs reforms under Decrees 167/2025/ND-CP and 182/2025/ND-CP [vietnam-briefing.com] simplifying export procedures, reducing delays for footwear shipments. Updated HS code standards, as highlighted by freightamigo.com, ensure tariff compliance and facilitate smoother access to markets like the EU and China, underpinning a stable export outlook for Vietnam Leather Footwear HS Code 640399 Export 2025 January.

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

Product Specialization and Concentration

In January 2025, Vietnam's export of leather footwear under HS Code 640399 is overwhelmingly dominated by sub-code 64039990, which holds a 99.89% value share. This sub-code refers to footwear not covering the ankle with outer soles of rubber, plastics or composition leather and uppers of leather, trading at an average unit price of $17.48. An extreme price anomaly exists in sub-code 64039920, with a unit price of $35.10, but it is isolated from the main analysis due to its negligible market share.

Value-Chain Structure and Grade Analysis

The non-anomalous sub-codes form two clear groups: a mass-market segment led by 64039990 at $17.48 per unit, a lower-priced option with 64039910 at $15.50 per unit, and a premium segment represented by 64039930 at $24.01 per unit. This spread in unit prices confirms that Vietnam's leather footwear exports under HS Code 640399 are differentiated manufactured goods, with variations likely in quality or design features, rather than uniform commodity products.

Strategic Implication and Pricing Power

The high concentration in the standard grade gives Vietnam strong pricing power for bulk leather footwear exports under HS Code 640399. This advantage is reinforced by Vietnam's role as a key global supplier, as noted in market reports [GTAIC], supporting focused efforts on maintaining cost efficiency and quality consistency for the Vietnam Leather Footwear HS Code 640399 Export in 2025 January.

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

Geographic Concentration and Dominant Role

In January 2025, Vietnam's Leather Footwear exports under HS Code 640399 were highly concentrated, with the United States dominating as the top importer, holding 37.91% of the export value and 36.71% of the quantity. The close match between value and quantity ratios suggests a stable unit price, indicating mid-range product quality typical for manufactured goods like footwear, where mass production meets consistent demand.

Partner Countries Clusters and Underlying Causes

The importers form two clear clusters: first, high-volume markets like the US, Netherlands, and United Kingdom, driven by strong consumer demand in developed economies. Second, regional players such as China Mainland, Japan, and South Korea, likely benefiting from proximity and integrated supply chains for efficient sourcing and distribution within Asia.

Forward Strategy and Supply Chain Implications

For exporters, maintaining strong ties with the US market is key, while expanding into EU hubs like Germany and Netherlands could leverage Vietnam's growing role as a strategic supplier. Customs reforms in 2025 [vietnam-briefing.com] may simplify procedures, but compliance with HS code updates is essential for tariff advantages, especially in markets like China and the EU.

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

Strategic Supply Chain Overview

The Vietnam Leather Footwear Export 2025 January under HS Code 640399 is a high-volume manufactured goods trade. Price is driven by product specification and design features, creating distinct market segments from premium to mass-market. OEM and tier-1 contract volumes from dominant, high-frequency buyers provide pricing power and stability. The supply chain implication is Vietnam's role as a key assembly hub, dependent on technology and brand partnerships for value addition. Heavy reliance on the US market and a core group of large buyers creates both efficiency and vulnerability.

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

• Segment production by HS sub-code price points. Target manufacturing lines to match the $15.50, $17.48, and $24.01 price bands. This maximizes factory efficiency and aligns output with precise buyer demand.
• Use buyer frequency data to forecast inventory needs for top clients. This prevents overstock and ensures timely delivery for the core 84% of revenue, securing long-term relationships.
• Analyze shipment data to the Netherlands and Germany for EU expansion. Identify logistics patterns to replicate success in these high-potential EU hubs and diversify away from US market concentration.
• Profile low-frequency, high-value buyers for targeted seasonal campaigns. Convert these bulk purchasers into more regular partners to increase order stability and overall value.
• Monitor customs declaration updates for HS Code 640399. Ensure full compliance to maintain tariff advantages and avoid shipment delays in all key markets, especially the EU and China.

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 January?

Vietnam's leather footwear exports in January 2025 are value-driven, supported by steady demand from key markets like the US and EU, alongside streamlined customs reforms. The high concentration in bulk-grade products (e.g., HS 64039990 at $17.48/unit) ensures stable trade flows.

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

The US dominates with 37.91% of export value, followed by the Netherlands and UK. Regional markets like China and Japan also play significant roles, benefiting from proximity and integrated supply chains.

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

Price differences stem from product segmentation: mass-market footwear (e.g., HS 64039990 at $17.48) dominates, while premium-grade items (e.g., HS 64039930 at $24.01) cater to niche demand.

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

Exporters should prioritize relationships with high-value, frequent buyers (84% of export value) while exploring growth in occasional buyer segments. Diversifying beyond the US to EU hubs like Germany can mitigate concentration risks.

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

Buyers benefit from Vietnam’s reliable bulk supply of mid-range footwear, with stable pricing. The premium segment offers limited but higher-margin options, though availability is constrained.

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

The exported footwear (non-ankle-covering, leather-upper designs) serves mass-market consumer demand, primarily in developed economies for retail and seasonal inventory replenishment.