Vietnam Leather Footwear HS640399 Export Data 2025 March Overview

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

Vietnam Leather Footwear (HS Code 640399) Export 2025 March reveals the U.S. as the dominant buyer, accounting for 36.88% of value share, with standardized pricing around $17.26 per pair, indicating mass-produced goods. North American markets drive high-volume demand, while Europe shows moderate premiums, and Japan signals niche potential for premium segments. This analysis, covering March 2025, is based on cleanly processed Customs data from the yTrade database.

Vietnam Leather Footwear (HS 640399) 2025 March Export Background

Vietnam’s Leather Footwear (HS Code 640399) – footwear with rubber/plastic outer soles and leather uppers – is a staple in global fashion and workwear, driven by steady demand from retail and industrial sectors. With Vietnam’s 2025 customs reforms streamlining export procedures [Vietnam Briefing], the country solidifies its role as a top exporter, especially to markets like Germany and China. March 2025 sees no major policy shifts, but Vietnam’s competitive production and updated HS code compliance keep its Leather Footwear exports resilient.

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

Key Observations

In March 2025, Vietnam's export of Leather Footwear under HS Code 640399 reached 442.13 million USD, demonstrating a robust recovery from the previous month and highlighting the sector's resilience in early 2025.

Price and Volume Dynamics

The export value declined in February to 369.38 million USD, likely due to seasonal disruptions such as the Lunar New Year holiday affecting production and logistics, but surged by approximately 19.7% month-over-month in March. This rebound aligns with typical industry stock replenishment cycles, where manufacturers ramp up shipments to meet spring and summer demand in key markets, underscoring the cyclical nature of footwear exports.

External Context and Outlook

The recovery was bolstered by Vietnam's 2025 customs reforms, which simplified export procedures and enhanced efficiency under recent decrees [Vietnam Briefing]. Additionally, growing demand from strategic partners like Germany (GTAIC) provided external momentum. Moving forward, adherence to updated HS code requirements and trade agreements will be essential for maintaining this positive trajectory in Vietnam Leather Footwear HS Code 640399 Export 2025 March.

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

Product Specialization and Concentration

The Vietnam Leather Footwear export under HS Code 640399 for March 2025 is overwhelmingly concentrated in sub-code 64039990, which represents nearly the entire trade with a unit price of 16.57 USD per unit for footwear not covering the ankle with outer soles of rubber, plastics or composition leather and uppers of leather. A minor anomaly, sub-code 64039920 at 4.00 USD per unit, has negligible share and is isolated from the core market analysis due to its extreme low price and minimal presence.

Value-Chain Structure and Grade Analysis

The non-anomalous sub-codes, 64039930 and 64039910, form two distinct groups based on unit prices: a higher-grade segment at 22.83 USD per unit and an economy-grade segment at 10.25 USD per unit, despite sharing similar product descriptions. This price variation indicates that Vietnam's export under HS Code 640399 consists of differentiated manufactured goods with quality or feature-based grading, rather than fungible bulk commodities tied to standard indices.

Strategic Implication and Pricing Power

Vietnam exporters hold strong pricing power for the dominant 64039990 product, while the graded segments allow targeting of premium and budget markets. The ongoing customs reforms in Vietnam, as highlighted in [Vietnam Briefing], support smoother export processes, potentially enhancing competitiveness in key destinations like Germany where demand for leather footwear is noted.

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

Geographic Concentration and Dominant Role

Vietnam Leather Footwear HS Code 640399 Export 2025 March shows the UNITED STATES as the dominant buyer, with a value share of 36.88% closely matching its quantity share of 35.40%, indicating consistent unit pricing around $17.26 per pair for mass-produced goods. This pattern suggests standardized manufacturing output rather than high-end variations, fitting typical export dynamics for March 2025.

Partner Countries Clusters and Underlying Causes

Two main clusters emerge: North American buyers (US, Canada, Mexico) favor high-volume, cost-effective orders, while European markets (Netherlands, UK, Germany, Belgium, Italy) show moderate volumes with slight value premiums, likely due to brand collaborations or mid-tier product demand. Asian importers like China and Japan display divergent trends—China's lower value ratio points to basic goods for re-export, whereas Japan's higher value share hints at premium segments.

Forward Strategy and Supply Chain Implications

For suppliers, prioritizing logistics to North America and Europe can capitalize on high-volume stability, while exploring Japan's niche requires quality upgrades. Vietnam's 2025 customs reforms, [Vietnam Briefing], simplify export procedures, reducing delays. Leveraging trade growth with Germany (Vietnam Briefing) and HS code updates ensures compliance, making agile supply chains key for maintaining competitive edges in Vietnam Leather Footwear HS Code 640399 Export 2025 March.

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

Strategic Supply Chain Overview

Vietnam Leather Footwear Export 2025 March under HS Code 640399 is driven by product differentiation and contract volume. Price varies by quality grade, with premium segments reaching $22.83 per unit and economy lines at $10.25. High-value, frequent buyers from the US and Europe dominate orders, ensuring stable demand but creating reliance on key clients. Supply chains must prioritize volume logistics for North America and quality-focused production for niche markets like Japan. Vietnam's 2025 customs reforms support faster exports, reducing delays.

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

• Segment buyers by order frequency and value to identify core clients and prevent over-reliance on single customers. This ensures stable revenue and highlights growth opportunities in underutilized segments.
• Analyze unit prices by destination to adjust product mix for higher-margin markets like Japan and Europe. This maximizes profit per shipment and aligns output with regional preferences.
• Monitor HS Code 640399 sub-codes for pricing anomalies to maintain consistency and avoid undervaluation. This protects brand positioning and prevents revenue leakage from misclassified goods.
• Leverage Vietnam's streamlined customs procedures for faster documentation and shipping to high-volume partners like the US. This reduces operational costs and improves delivery reliability.
• Use trade data to forecast demand cycles for key buyers and optimize inventory levels. This prevents stockouts or overproduction, ensuring efficient resource use.

Final Note: Success in Vietnam Leather Footwear Export 2025 March hinges on granular data use. Traditional methods miss critical sub-code and buyer details, but targeted analysis unlocks growth and minimizes risk under HS Code 640399.

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 March?

The March 2025 surge (19.7% MoM growth to $442.13M) reflects post-Lunar New Year recovery and seasonal restocking for spring/summer demand, supported by Vietnam’s streamlined customs reforms.

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

The U.S. dominates with 36.88% value share, followed by European markets (e.g., Netherlands, UK, Germany) and Asian buyers like China and Japan, each with distinct volume-to-value ratios.

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

Price gaps stem from product grading: the U.S. receives standardized mid-tier goods (~$17.26/unit), while Japan’s premium segment commands higher prices, and China’s lower ratio suggests basic re-export items.

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

Prioritize nurturing high-value frequent buyers (80% of trade) while expanding bulk opportunities in Europe and Japan, leveraging customs reforms to mitigate over-reliance on the U.S.

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

U.S. buyers benefit from stable mass-produced supply, European retailers access mid-tier products, and Japanese importers can source premium goods, but all face competition for Vietnam’s capacity.

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

Exports under HS 640399 are primarily non-ankle-covering footwear with leather uppers and rubber/plastic soles, targeting retail and wholesale distribution in key global markets.