Vietnam Rubber Footwear HS640299 Export Data 2025 Q1 Overview

Vietnam Rubber Footwear (HS 640299) 2025 Q1 Export: Key Takeaways

Vietnam's Rubber Footwear exports (HS Code 640299) in 2025 Q1 show high-grade products dominating shipments, with demand spiking amid volatile raw material costs. Buyer concentration remains moderate, reducing dependency risk, while China emerges as the primary regional hub for re-export. This analysis is based on cleanly processed Customs data from the yTrade database, covering 2025 Q1.

Vietnam Rubber Footwear (HS 640299) 2025 Q1 Export Background

Vietnam’s Rubber Footwear (HS Code 640299) covers other footwear with outer soles and uppers of rubber or plastics, widely used in industrial safety, construction, and casual wear due to its durability and cost-efficiency. With global demand steady, Vietnam’s 2025 Customs Law reforms—like streamlined on-the-spot import/export rules and priority enterprise benefits—aim to boost export efficiency [Extendmax]. As a top exporter, Vietnam’s Q1 2025 shipments under HS 640299 remain competitive, supported by trade agreements and simplified procedures.

Vietnam Rubber Footwear (HS 640299) 2025 Q1 Export: Trend Summary

Key Observations

Vietnam's Rubber Footwear exports under HS Code 640299 in Q1 2025 reached a total value of approximately 990.68 million USD, with January at 334.48 million, February at 296.96 million, and March at 359.24 million. Volume data in kilograms is not specified in the provided trend analysis, limiting full assessment of weight-based metrics for this period.

Price and Volume Dynamics

The quarter showed notable month-on-month volatility, with a 11.2% decrease in export value from January to February, likely driven by reduced production and logistics during Vietnam's Lunar New Year holidays—a common seasonal dip in footwear manufacturing. March rebounded sharply with a 21% increase, reflecting resumed operations and strong demand recovery typical post-holiday. Without prior year data, year-over-year growth cannot be quantified, but the Q1 overall performance suggests resilient export momentum for Vietnam Rubber Footwear HS Code 640299 Export in 2025 Q1.

External Context and Outlook

This volatility aligns with broader policy shifts, such as Vietnam's amended Customs Law effective July 2025, which promises streamlined procedures and could enhance future export efficiency [Extendmax]. Trade agreements like the EU-Vietnam FTA continue to support tariff advantages, bolstering competitiveness (Extendmax), though technical barriers and compliance demands remain watchpoints for sustained growth (Tap Chi Cong Thuong).

Vietnam Rubber Footwear (HS 640299) 2025 Q1 Export: HS Code Breakdown

Product Specialization and Concentration

In Q1 2025, Vietnam's export of Rubber Footwear under HS Code 640299 is overwhelmingly dominated by sub-code 64029990, which covers footwear not elsewhere classified with outer soles and uppers of rubber or plastics, excluding ankle-covering types. This sub-code represents over 99 percent of both the quantity and value exported, with a unit price of 10.73 USD per unit, establishing it as the standard for this Vietnam Rubber Footwear HS Code 640299 Export 2025 Q1. The other sub-codes show no extreme price anomalies and are included in the analysis.

Value-Chain Structure and Grade Analysis

The remaining sub-codes can be grouped into two categories based on unit price: 64029920 at 8.59 USD per unit, indicating a lower-grade or economy segment, and 64029910 at 14.96 USD per unit, suggesting a higher-grade or premium offering. This price variation points to a market structure focused on differentiated manufactured goods rather than fungible bulk commodities, with clear distinctions in quality or features within the Vietnam Rubber Footwear export portfolio.

Strategic Implication and Pricing Power

The high concentration in 64029990 gives Vietnamese exporters strong pricing power for that mass-market segment, while the niche higher and lower-grade categories offer opportunities for targeted strategies. Broader regulatory changes, such as Vietnam's new customs laws effective mid-2025 [Extendmax], may enhance export efficiency but do not directly alter the fundamental market dynamics for HS Code 640299 in Q1 2025.

Check Detailed HS 640299 Breakdown

Vietnam Rubber Footwear (HS 640299) 2025 Q1 Export: Action Plan for Rubber Footwear Market Expansion

Strategic Supply Chain Overview

The Vietnam Rubber Footwear Export 2025 Q1 under HS Code 640299 is driven by two key factors: product specialization and buyer concentration. The mass-market segment (sub-code 64029990) dominates with a unit price of 10.73 USD, while niche premium and economy offerings show clear price differentiation. High-value, high-frequency buyers account for over 80% of export value, indicating stable large-scale demand. This structure positions Vietnam as an assembly hub for manufactured footwear, with pricing power in the volume segment but technology and brand dependence in premium tiers. Supply chain implications include a need for efficient production scaling and resilience against demand shifts from major partners.

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

• Use HS Code sub-category data to target buyers seeking premium (64029910) or economy (64029920) products, maximizing margin opportunities in niche segments.
• Analyze transaction frequency of high-value buyers to forecast demand cycles and align production schedules, preventing overstock or shortages.
• Monitor customs law changes effective mid-2025 to streamline export documentation, reducing delays and enhancing competitiveness for all buyer types.
• Diversify buyer portfolios by targeting low-frequency/high-value segments with tailored bulk offers, reducing reliance on dominant partners and mitigating market risk.

Forward-Looking Plan: Mitigating Risks and Leveraging Opportunities

Market risks include over-reliance on high-volume buyers and potential price pressure in the mass segment. To address this, invest in trade data tools to track real-time buyer behavior and regulatory updates. Focus on leveraging Vietnam’s customs efficiency gains to serve emerging markets and smaller buyers, building a more resilient export base. Prioritize innovation in product specifications to capture higher-margin opportunities, ensuring long-term growth beyond volume-driven exports.

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 Q1?

The export value dropped 11.2% in February due to Lunar New Year disruptions but rebounded sharply by 21% in March, reflecting seasonal demand recovery. High concentration in sub-code 64029990 (99% share) ensures stable pricing power for mass-market segments.

Q2. Who are the main partner countries in this Vietnam Rubber Footwear Export 2025 Q1?

Country-specific data is unavailable in the analysis, but the buyer market is dominated by high-value/high-frequency clients (80.08% of export value), suggesting concentrated demand from key trading partners.

Q3. Why does the unit price differ across Vietnam Rubber Footwear Export 2025 Q1 partner countries?

Price variations stem from product grade differentiation: sub-code 64029920 averages $8.59 (economy tier), while 64029910 reaches $14.96 (premium tier), indicating targeted market segments rather than bulk commodity pricing.

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

Exporters must prioritize high-value buyers (85.62% of transactions) while diversifying into niche segments like low-frequency bulk orders (6% value) to mitigate reliance on dominant clients.

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

Buyers benefit from stable supply via frequent high-volume shipments but face limited diversification in product grades, with 99% of exports concentrated in mid-tier rubber footwear ($10.73/unit).

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

The exports primarily comprise general-use footwear with rubber/plastic soles (64029990), catering to mass-market demand rather than specialized applications like athletic or safety footwear.

Detailed Monthly Report

Vietnam HS640299 Export Snapshot 2025 JAN

Vietnam HS640299 Export Snapshot 2025 FEB

Vietnam HS640299 Export Snapshot 2025 MAR