Vietnam Leather Footwear HS640399 Export Data 2025 July Overview

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

Vietnam's Leather Footwear exports (HS Code 640399) in July 2025 reveal a standardized product with consistent pricing, dominated by the U.S. market, which accounted for 41.68% of export value, indicating high buyer concentration. Developed markets like the U.S., Netherlands, and China form the core demand clusters, while secondary markets such as Belgium and Mexico offer niche opportunities. This analysis, covering July 2025, is based on cleanly processed Customs data from the yTrade database.

Vietnam Leather Footwear (HS 640399) 2025 July Export Background

Vietnam's Leather Footwear (HS Code 640399), defined as footwear with rubber/plastic outer soles and leather uppers, serves key global fashion and industrial sectors due to its durability and style versatility. With July 2025 reforms simplifying customs procedures and tariff incentives under Decrees 167/2025/ND-CP and 182/2025/ND-CP [Vietnam Briefing], Vietnam strengthens its role as a top exporter, particularly to markets like the U.S. and Germany, where demand remains steady. These updates align with international compliance, ensuring smoother Vietnam Leather Footwear HS Code 640399 Export 2025 July flows.

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

Key Observations

Vietnam Leather Footwear HS Code 640399 Export value for 2025 July reached $493.40 million, reflecting a moderate contraction from the previous month's performance.

Price and Volume Dynamics

The July figure represents a 4.9% month-over-month decline from June's $518.97 million, though it remains 11.6% above the February low of $369.38 million. This mid-year softening aligns with typical seasonal patterns in footwear manufacturing, where summer months often see a production lull ahead of fall replenishment cycles for Western markets. The sequential dip follows three months of stable exports hovering near $520 million, suggesting inventory adjustments rather than demand erosion.

External Context and Outlook

This minor volatility coincides directly with Vietnam's July 2025 implementation of updated customs procedures and tariff frameworks [Vietnam Briefing]. While the new rules aim to streamline export declarations long-term, short-term administrative adaptation likely contributed to July's dip. Additionally, the U.S.-Vietnam tariff deal enacted in July introduced a 20% duty on certain Vietnamese goods (Express Trade Capital), potentially prompting caution among buyers. Despite these headwinds, the underlying export machinery remains robust, with Germany emerging as a strategic non-EU buyer (GTAIC), supporting expectations for a rebound as seasonal demand and regulatory familiarity improve.

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

Product Specialization and Concentration

In July 2025, Vietnam's Leather Footwear exports under HS Code 640399 are heavily concentrated in sub-code 64039990, which represents nearly the entire export value and quantity. This sub-code covers footwear not covering the ankle with leather uppers and rubber or plastic soles, priced at 18.01 USD per unit. The minor sub-codes show unit prices of 13.49 USD and 23.68 USD, but their small shares indicate they are niche variations rather than extreme anomalies.

Value-Chain Structure and Grade Analysis

The non-dominant sub-codes fall into two categories based on unit price: a lower-value segment at 13.49 USD per unit and a higher-value segment at 23.68 USD per unit. This price spread suggests differentiated manufactured goods with varying quality grades, rather than uniform bulk commodities. The market structure emphasizes finished products with clear value distinctions.

Strategic Implication and Pricing Power

Vietnam holds strong pricing power in the dominant Leather Footwear segment due to high concentration. Exporters should leverage this by focusing on quality consistency and tapping into premium markets, supported by recent customs simplifications [Vietnam Briefing] and demand from key partners like Germany and the US (Vietnam Briefing).

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

Geographic Concentration and Dominant Role

In July 2025, Vietnam's Leather Footwear exports under HS Code 640399 were highly concentrated, with the United States dominating as the top market, accounting for 41.68% of the export value and 41.79% of the quantity. This near-equal ratio between value and quantity suggests that the product is a standardized manufactured good, not a high-grade commodity, with consistent unit pricing across bulk shipments.

Partner Countries Clusters and Underlying Causes

The top importers form two clear clusters: first, developed markets like the United States, Netherlands, China Mainland, United Kingdom, and Japan, which together represent high volume and value shares, likely due to strong consumer demand and established trade routes. Second, countries such as Belgium, Mexico, Canada, South Korea, and Italy show lower but significant imports, possibly driven by regional distribution hubs or niche market preferences within the footwear industry.

Forward Strategy and Supply Chain Implications

For exporters of Vietnam Leather Footwear, the geographic patterns imply a need to maintain strong relationships with major markets like the U.S. while exploring growth in secondary clusters. Supply chains should leverage recent customs simplifications, such as on-the-spot export declarations, to reduce delays [Vietnam Briefing]. Additionally, monitoring tariff changes, like potential U.S. import duties, is crucial for cost management (Express Trade Capital).

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

Strategic Supply Chain Overview

Vietnam Leather Footwear Export 2025 July under HS Code 640399 demonstrates strong pricing power driven by product specification differentiation and high-volume OEM contracts with key buyers. The market is concentrated in a standardized manufactured good, with unit prices ranging from USD 13.49 to 23.68 based on quality tiers. Supply chain implications center on Vietnam’s role as an assembly hub, reliant on consistent high-frequency orders from dominant partners like the U.S. (41.68% of value). This creates efficiency but also vulnerability to demand shifts or tariff changes, necessitating agile logistics supported by recent customs simplifications.

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

• Prioritize high-frequency buyer relationships by analyzing order history to forecast demand and secure recurring contracts, ensuring stable revenue from the dominant 83.42% value segment.
• Diversify into secondary geographic clusters like Mexico or South Korea using trade data to identify growth patterns, reducing over-reliance on the U.S. market and mitigating tariff risks.
• Leverage customs facilitation tools such as on-the-spot declarations for high-volume shipments, cutting delays and costs under Vietnam’s 2025 procedural updates.
• Segment production by price tier aligning with HS Code 640399 sub-categories (e.g., 64039990 for bulk, niche codes for premium), optimizing margins by matching output to buyer value segments.
• Monitor real-time buyer behavior for early signs of order reductions in key accounts, enabling quick pivot to infrequent large buyers to fill capacity gaps.

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Frequently Asked Questions

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

The July 2025 dip (-4.9% MoM to $493.40M) reflects seasonal adjustments and short-term administrative delays from Vietnam’s new customs procedures, though demand remains robust with an 11.6% rebound from February lows.

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

The U.S. dominates with 41.68% of export value, followed by the Netherlands, China, UK, and Japan, forming a cluster of high-volume developed markets.

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

Price differences stem from niche sub-codes: the dominant segment (64039990) averages $18.01/unit, while minor high/low-grade variants trade at $23.68 and $13.49, indicating quality-tiered offerings.

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

Prioritize relationships with high-value, high-frequency buyers (83.42% of revenue) like DONA PACIFIC VIETNAM, while leveraging customs simplifications to explore secondary markets like Belgium or Mexico.

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

Buyers in dominant markets (e.g., U.S.) benefit from standardized bulk pricing, while niche buyers can access differentiated grades, though reliance on Vietnam’s concentrated supply chain poses minor volatility risks.

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

Exports are primarily finished consumer goods—non-ankle footwear with leather uppers and rubber/plastic soles—shipped in bulk to retail and distribution hubs.