Vietnam Rubber Footwear HS640299 Export Data 2025 July Overview

Vietnam Rubber Footwear (HS 640299) 2025 July Export: Key Takeaways

Vietnam's Rubber Footwear (HS Code 640299) Export in 2025 July shows stable demand, with the UNITED STATES dominating as the primary buyer at 37.49% of export value, reflecting consistent mid-range product absorption. European hubs like the NETHERLANDS act as key distribution centers, while Asian markets like CHINA MAINLAND indicate regional sourcing potential. This analysis, based on cleanly processed Customs data from the yTrade database, highlights a balanced export flow with no extreme value disparities, ensuring reliable market access under Vietnam’s updated trade policies.

Vietnam Rubber Footwear (HS 640299) 2025 July Export Background

Vietnam's Rubber Footwear (HS Code 640299) covers other footwear with outer soles and uppers of rubber or plastics, serving industries like retail, manufacturing, and safety gear due to its durability and cost efficiency. With new on-spot import/export regulations effective July 1, 2025, Vietnam mandates full customs declarations while maintaining 0% VAT for eligible exports, tightening compliance but preserving trade incentives [RealLogistics]. As a top global supplier, Vietnam’s 2025 July exports of HS Code 640299 footwear benefit from EU and UK tariff preferences, reinforcing its competitive edge in key markets.

Vietnam Rubber Footwear (HS 640299) 2025 July Export: Trend Summary

Key Observations

In July 2025, Vietnam's export of Rubber Footwear under HS Code 640299 reached $322.73 million, with volume data not specified in the trend analysis. This figure continues a downward trend from the April peak, reflecting potential market adjustments.

Price and Volume Dynamics

The export value declined by approximately 1.9% month-over-month from June to July 2025, following a seasonal pattern where rubber footwear demand typically peaks in spring for summer markets and tapers off mid-year. The data shows a gradual decrease from April's high of $377.41 million, consistent with industry cycles where exports slow after seasonal stock replenishment. Year-over-year comparisons are not available, but the sequential drop aligns with typical post-peak softening in footwear trade.

External Context and Outlook

The July dip coincides with Vietnam's new on-spot import/export law effective July 1, 2025, which introduced stricter customs declaration requirements [Real Logistics]. This policy shift likely caused temporary procedural delays, contributing to the export slowdown. However, with maintained 0% VAT incentives (Real Logistics) and ongoing trade agreements, the outlook for Vietnam Rubber Footwear HS Code 640299 Export 2025 July remains stable, expecting recovery as exporters adapt to the updated regulations.

Vietnam Rubber Footwear (HS 640299) 2025 July Export: HS Code Breakdown

Product Specialization and Concentration

In July 2025, Vietnam's export of Rubber Footwear under HS Code 640299 is overwhelmingly dominated by sub-code 64029990, which represents footwear with outer soles and uppers of rubber or plastics, not covering the ankle. This sub-code accounts for nearly all export volume and value, with a unit price of 12.73 USD per unit, significantly lower than other variants, indicating it is the bulk, standard product in the market.

Value-Chain Structure and Grade Analysis

The other sub-codes, 64029910 and 64029920, form a small but distinct group with unit prices around 22 USD per unit, suggesting they are higher-value or specialized footwear types, such as those with enhanced features or quality. This structure reveals a dual market: one focused on high-volume, low-cost commodity-like exports and another on niche, differentiated goods, implying that Vietnam's Rubber Footwear trade includes both fungible bulk items and value-added products.

Strategic Implication and Pricing Power

Exporters should leverage the volume-driven model of the dominant sub-code for market penetration while exploring the higher-margin opportunities in specialized variants. Regulatory changes, such as Vietnam's new customs laws effective July 1, 2025 [Real Logistics], may increase compliance costs, potentially squeezing margins on bulk exports and reinforcing the need for value-add strategies to maintain pricing power in the Vietnam Rubber Footwear HS Code 640299 Export 2025 July landscape.

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Vietnam Rubber Footwear (HS 640299) 2025 July Export: Market Concentration

Geographic Concentration and Dominant Role

Vietnam's Rubber Footwear HS Code 640299 Export in 2025 July shows the UNITED STATES as the dominant buyer, holding 37.49% of the export value with a balanced ratio to quantity at 36.84%, indicating a stable demand for mid-range manufactured products without extreme value disparities. This pattern suggests that the US market absorbs consistent volumes of standard rubber footwear, likely for retail consumption, while other top countries like CHINA MAINLAND and NETHERLANDS follow with lower but significant shares, reflecting diversified export flows for this product type.

Partner Countries Clusters and Underlying Causes

The top importers form three clear clusters: first, the US stands alone as the primary mass market due to its large consumer base and established trade relations. Second, European hubs like NETHERLANDS and BELGIUM show high value ratios despite lower shipment frequencies, likely acting as distribution centers for re-export within the EU, leveraging Vietnam's trade agreements. Third, Asian partners such as CHINA MAINLAND and JAPAN display moderate engagement, possibly driven by regional sourcing needs or assembly integration in supply chains, given their manufacturing ecosystems.

Forward Strategy and Supply Chain Implications

For Vietnam's rubber footwear exporters, the geographic spread calls for maintaining strong compliance with new customs laws effective July 2025, which require full declarations but retain 0% VAT benefits [Real Logistics]. Firms should prioritize the US market for volume stability while using EU hubs like the Netherlands for efficient regional access, and monitor Asian clusters for potential growth, ensuring origin documentation to capitalize on preferential tariffs under FTAs (Real Logistics).

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Vietnam Rubber Footwear (HS 640299) 2025 July Export: Action Plan for Rubber Footwear Market Expansion

Strategic Supply Chain Overview

The Vietnam Rubber Footwear Export 2025 July market under HS Code 640299 is defined by two key price drivers. First, product specification creates a price split: bulk exports of standard footwear (sub-code 64029990) drive volume at lower margins, while specialized variants (e.g., 64029910/20) command premium pricing. Second, large-scale OEM contracts with high-frequency buyers—especially the dominant US market—stabilize volume but create over-reliance risks. Supply chain implications are clear: Vietnam acts as a manufacturing and assembly hub for global brands, requiring strict compliance with new customs laws to avoid delays. Firms must balance high-volume production with value-added diversification to protect margins.

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

• Analyze buyer transaction frequency to identify dependency risks and diversify your client portfolio. Why it matters: Reducing over-reliance on a few large buyers prevents revenue disruption if order patterns shift.
• Cross-reference export records for HS Code 640299 sub-codes to pinpoint customers buying higher-value specialized footwear. Why it matters: Targeting these buyers increases average unit price and improves overall export profitability.
• Use trade flow data to prioritize logistics partnerships in EU hubs like the Netherlands for streamlined re-export access. Why it matters: Leveraging distribution centers in Europe reduces transit times and costs for serving broader regional demand.
• Monitor new customs declaration rules effective July 2025 and pre-validate origin documentation for all shipments. Why it matters: Ensuring compliance avoids clearance delays and maintains eligibility for 0% VAT and preferential FTA tariffs.

Take Action Now —— Explore Vietnam Rubber Footwear Export Data

Frequently Asked Questions

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

The July 2025 decline to $322.73 million reflects seasonal softening post-April’s peak, compounded by procedural delays from Vietnam’s new customs laws effective July 1, 2025.

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

The UNITED STATES dominates with 37.49% of export value, followed by CHINA MAINLAND and NETHERLANDS as secondary hubs for regional distribution.

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

Bulk exports of sub-code 64029990 (12.73 USD/unit) drive low unit prices, while niche variants like 64029910/20 (~22 USD/unit) cater to higher-value markets.

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

Prioritize high-volume buyers (80% of trade value) while diversifying into specialized sub-codes and EU hubs like the Netherlands to mitigate over-reliance on the US.

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

US buyers benefit from stable bulk supply, while EU hubs gain re-export advantages, and Asian partners access integrated regional supply chains.

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

Most exports are standard rubber/plastic footwear (non-ankle covering) for mass retail, with niche variants serving specialized or higher-end demand.