Vietnam Rubber Shoes HS6402 Export Data 2025 Q1 Overview

Vietnam Rubber Shoes (HS 6402) 2025 Q1 Export: Key Takeaways

Vietnam Rubber Shoes Export (HS Code 6402) in 2025 Q1 shows strong demand from the U.S., which dominates with 33.7% of value and quantity, confirming mid-range product positioning. European markets like the Netherlands and Germany favor lower-priced volumes, leveraging tariff advantages under the EU-Vietnam FTA, while China and Japan drive premium segments. The U.S. market’s balanced value-to-quantity ratio indicates stable demand, reducing geographic risk. This analysis is based on cleanly processed customs data from the yTrade database, covering 2025 Q1 for reliable insights.

Vietnam Rubber Shoes (HS 6402) 2025 Q1 Export Background

Vietnam Rubber Shoes (HS Code 6402), covering footwear with outer soles and uppers of rubber or plastics, serves key industries like sports, manufacturing, and retail due to its durability and cost-effectiveness. With 2025 tariff reductions under the EU-Vietnam Free Trade Agreement boosting exports, Vietnam’s streamlined customs procedures and competitive production make it a top supplier for global markets [Vietnam Briefing]. Q1 2025 exports are poised to grow as demand for affordable, high-volume footwear remains steady.

Vietnam Rubber Shoes (HS 6402) 2025 Q1 Export: Trend Summary

Key Observations

Vietnam's Rubber Shoes exports under HS Code 6402 exhibited notable monthly volatility in Q1 2025, with export values swinging from a February low to a March peak, reflecting underlying industry dynamics rather than a steady trend.

Price and Volume Dynamics

Export values for Vietnam Rubber Shoes HS Code 6402 dropped by 12.7% month-over-month in February 2025 to $352.76 million, likely due to typical post-holiday demand lulls in the footwear sector, but rebounded sharply by 25.6% in March to $443.27 million, aligning with seasonal stock replenishment cycles ahead of spring and summer markets. The absence of volume data suggests focus remained on value metrics, with Q1 totaling approximately $1.2 billion, indicating resilient export momentum despite intra-quarter fluctuations.

External Context and Outlook

The rebound in March exports may be supported by Vietnam's streamlined customs procedures for 2025, which facilitate faster export declarations and reduce delays [Vietnam Briefing]. Additionally, tariff advantages under agreements like the EU-Vietnam FTA, which projects around 10% growth for HS 6402 footwear (Academia.edu), likely bolstered demand from key markets such as the U.S. and China, sustaining a positive outlook for Vietnam Rubber Shoes HS Code 6402 Export 2025 Q1 performance amid global trade adaptations.

Vietnam Rubber Shoes (HS 6402) 2025 Q1 Export: HS Code Breakdown

Product Specialization and Concentration

Vietnam's export of Rubber Shoes under HS Code 6402 in Q1 2025 is highly concentrated, with the sub-code 64029990 for footwear not covering the ankle dominating over 80% of both value and quantity. Its unit price is approximately 10.73 USD per piece, positioning it as a mid-range product within the category. Extreme price anomalies are present: sub-code 64021200 for ski-boots has a very high unit price of about 69.29 USD per piece, while 64022000 for footwear with straps has a very low unit price of around 1.36 USD per piece; these are isolated from the main analysis due to their outlier nature.

Value-Chain Structure and Grade Analysis

The non-anomalous sub-codes fall into two clear groups based on value-add stage: standard casual footwear (64029990 and 64029199) with unit prices between 10-18 USD per piece, and sports footwear (64021990) at nearly 20 USD per piece, indicating a higher grade. This structure suggests trade in differentiated manufactured goods rather than fungible commodities, as price variations reflect product specialization and intended use rather than bulk commodity indices.

Strategic Implication and Pricing Power

For Vietnam Rubber Shoes HS Code 6402 Export 2025 Q1, the dominance of mid-range products implies strong production capabilities but limited pricing power due to high competition in mass-market segments. Exporters should focus on enhancing value through sports and specialized footwear lines to capture higher margins, while leveraging Vietnam's cost efficiency for volume-driven segments.

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Vietnam Rubber Shoes (HS 6402) 2025 Q1 Export: Market Concentration

Geographic Concentration and Dominant Role

In Q1 2025, the United States is the top importer of Vietnam Rubber Shoes HS Code 6402 Export, holding 33.68% of the value and 33.91% of the quantity. The close match between value and quantity ratios points to mid-range product grades, typical for manufactured footwear like rubber shoes, where pricing is steady across volumes.

Partner Countries Clusters and Underlying Causes

Two clusters emerge: first, the US and UK show balanced value and quantity ratios, reflecting consistent demand for mid-range footwear. Second, European nations like Netherlands, Belgium, Germany, and Spain have lower value versus quantity ratios, suggesting cheaper products, likely driven by competitive markets and tariff benefits under trade deals such as the EU-Vietnam Free Trade Agreement [Academia]. A third cluster includes China and Japan with higher value ratios, indicating premium segments, possibly due to quality requirements or brand partnerships.

Forward Strategy and Supply Chain Implications

For Vietnam exporters, prioritize quality control for the US and premium Asian markets to maintain margins. Expand volume shipments to European countries using tariff advantages from the EU-Vietnam FTA (Academia) to boost competitiveness. Supply chains should be streamlined for cost efficiency in high-volume, lower-priced exports, while ensuring flexibility for premium orders.

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Vietnam Rubber Shoes (HS 6402) 2025 Q1 Export: Action Plan for Rubber Shoes Market Expansion

Strategic Supply Chain Overview

The Vietnam Rubber Shoes Export 2025 Q1 under HS Code 6402 is driven by two core price factors. Product specification determines unit cost. Standard casual footwear averages 10-18 USD, while sports styles reach nearly 20 USD. Contract volume from dominant, high-frequency buyers also sets prices. These clients drive over 77% of export value. Supply chains must serve two roles. They act as an assembly hub for high-volume, mid-range orders. They also support flexible production for premium, lower-volume segments. This dual need defines Vietnam's position in the global footwear trade.

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

• Use buyer frequency data to identify stock cycles and prevent inventory overstock. This ensures production planning aligns with the dominant clients' regular, high-volume orders, securing stable revenue.
• Analyze HS Code 6402 sub-codes to shift production toward higher-value sports footwear. This captures better margins in the 20 USD per piece range, moving beyond standard 10-18 USD products.
• Leverage EU-Vietnam FTA tariff advantages to target European volume buyers. This boosts competitiveness in markets like the Netherlands and Belgium where value-to-quantity ratios are lower.
• Diversify the client base by targeting occasional buyers from the data with tailored offers. This reduces over-reliance on a few key accounts and builds a more resilient order book.
• Streamline supply chains for cost efficiency in high-volume exports to the US and UK. This maintains competitiveness for core, mid-range products that dominate the Vietnam Rubber Shoes Export 2025 Q1.

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Frequently Asked Questions

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

The export value dropped 12.7% in February due to post-holiday demand lulls but rebounded sharply by 25.6% in March, driven by seasonal stock replenishment and streamlined customs procedures.

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

The U.S. dominates with 33.68% of export value, followed by European nations like the UK, Netherlands, and Germany, which benefit from tariff advantages under trade agreements.

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

Price variations stem from product specialization: sports footwear (e.g., sub-code 64021990) commands ~20 USD/piece, while standard casual footwear (e.g., 64029990) averages 10–18 USD/piece.

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

Prioritize high-value buyers (77.72% of export value) and diversify into premium Asian markets (e.g., China, Japan) while leveraging EU tariff benefits for volume-driven European sales.

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

Buyers in the U.S. and EU can rely on stable mid-range supply, while Asian buyers access higher-grade products. Occasional buyers may negotiate flexible terms to secure repeat deals.

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

Rubber shoes are primarily exported as finished consumer goods, with mass-market casual footwear dominating volume and sports/specialized lines catering to premium segments.

Detailed Monthly Report

Vietnam HS6402 Export Snapshot 2025 JAN

Vietnam HS6402 Export Snapshot 2025 FEB

Vietnam HS6402 Export Snapshot 2025 MAR