Vietnam Shoe Parts HS6406 Export Data 2025 April Overview

Vietnam Shoe Parts (HS 6406) 2025 April Export: Key Takeaways

Vietnam’s HS Code 6406 Shoe Parts Export in April 2025 reveals a market dominated by standardized intermediate goods, with Vietnam accounting for over 80% of shipments—primarily to regional neighbors and developed economies like the U.S. and Germany. Buyer concentration is moderate, with key partners driving demand for both mass-produced and specialized components. This analysis, based on cleanly processed Customs data from the yTrade database, highlights Vietnam’s pivotal role as a supplier while underscoring the need for diversification to mitigate geographic reliance.

Vietnam Shoe Parts (HS 6406) 2025 April Export Background

Vietnam’s Shoe Parts (HS Code 6406), which include uppers, outer soles, and other components, are critical for global footwear manufacturing, with steady demand driven by the apparel and retail industries. While no major policy shifts for April 2025 were found, Vietnam remains a top exporter of HS Code 6406 products, ranking second globally behind China [OEC]. The country’s competitive production and trade agreements, like the EU’s GSP program [VIOIT], reinforce its role in the 2025 export market.

Vietnam Shoe Parts (HS 6406) 2025 April Export: Trend Summary

Key Observations

April 2025 saw a notable decline in export value for Vietnam Shoe Parts HS Code 6406, dropping to $314.58 million from March's peak of $348.10 million, indicating a month-over-month decrease amid fluctuating demand.

Price and Volume Dynamics

The sequential data shows a steady rise from January's $260.47 million to February's $264.68 million, followed by a significant jump in March to $348.10 million, before the April pullback to $314.58 million. This pattern aligns with typical footwear industry cycles, where Q1 often sees heightened production and stock replenishment for seasonal transitions, leading to March's spike, while April's dip reflects a normalization post-peak demand. Volume data was unavailable, but value trends suggest robust activity with Vietnam maintaining strong export momentum in early 2025.

External Context and Outlook

Globally, the footwear parts market remains active, with Vietnam巩固ing its role as a top exporter, as noted in [Volza], though no specific disruptions were reported for April. Broader macro factors, such as sustained global demand and potential currency fluctuations, likely supported the overall stability, with outlook hinging on continued industrial demand cycles and trade dynamics.

Vietnam Shoe Parts (HS 6406) 2025 April Export: HS Code Breakdown

Product Specialization and Concentration

In April 2025, Vietnam's export of shoe parts under HS Code 6406 shows strong concentration, with the top sub-code "Footwear; parts, n.e.c. in heading 6406" (HS 64069059) holding a 31.60% value share. This dominance suggests a focus on high-value miscellaneous components, though unit prices are not available due to missing weight data, preventing detailed per-kilogram analysis. The analysis period for April 2025 confirms this specialization without extreme price anomalies in the data.

Value-Chain Structure and Grade Analysis

The export structure divides into three main categories: outer soles and heels of rubber or plastics (e.g., HS 64062010 and 64062020), uppers and their parts (e.g., HS 64061090 and 64061010), and miscellaneous parts not elsewhere classified (e.g., HS 64069099 and 64069051). This grouping indicates a trade in differentiated manufactured goods rather than fungible bulk commodities, as the parts serve specific roles in footwear production, with variations in value shares reflecting different grades and applications.

Strategic Implication and Pricing Power

For Vietnam Shoe Parts HS Code 6406 Export 2025 April, the concentrated and differentiated product mix supports strong pricing power for key exporters, allowing focus on high-value segments like miscellaneous parts. [OEC World] notes Vietnam's position as a top global exporter of footwear parts, reinforcing strategic advantages in supply chain integration. Market players should prioritize innovation in high-value components to maintain competitiveness.

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Vietnam Shoe Parts (HS 6406) 2025 April Export: Market Concentration

Geographic Concentration and Dominant Role

Vietnam dominates the Vietnam Shoe Parts HS Code 6406 Export 2025 April trade, accounting for 80.51% of all shipments and 79.09% of the total export value. The slightly lower value share against its shipment volume points to a trade in standardized, lower-unit-price components, confirming shoe parts as intermediate manufactured goods for assembly.

Partner Countries Clusters and Underlying Causes

The trade flow forms two clear clusters. The first includes regional neighbors Indonesia and Cambodia, which source mid-volume, mid-value shipments, likely for their own footwear assembly lines. The second cluster consists of developed economies like Germany, Japan, the United States, South Korea, and Italy. These partners import smaller quantities but at higher relative values, indicating purchases of specialized or higher-quality components not available locally.

Forward Strategy and Supply Chain Implications

For Vietnamese exporters, the geographic spread offers both a strength and a risk. The heavy reliance on a few key partners requires a strategy to move up the value chain within existing relationships and to diversify into new markets to mitigate concentration risk. Recent U.S. tariff updates [Voltrans Logistics] highlight the need for exporters to stay current on trade policy, as changes can directly impact cost competitiveness for this price-sensitive product category.

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Vietnam Shoe Parts (HS 6406) 2025 April Export: Buyer Cluster

Buyer Market Concentration and Dominance

In the Vietnam Shoe Parts Export for 2025 April under HS Code 6406, the buyer market shows strong concentration in one key group. Buyers who order both frequently and at high values dominate, accounting for nearly 58% of the total export value. This segment drives the market with regular, substantial purchases, indicating a stable and high-volume trade flow for shoe parts. The overall market is characterized by a mix of order sizes and frequencies, but this dominant group sets the tone for consistent revenue.

Strategic Buyer Clusters and Trade Role

The other three segments of buyers play distinct roles. Buyers with high value but low frequency likely represent bulk or seasonal orders, perhaps for large-scale production runs. Those with low value but high frequency may be smaller businesses or those needing regular, small batches for maintenance or assembly. The group with low value and low frequency consists of occasional buyers, possibly new clients or those with irregular demand, contributing minimally to overall trade.

Sales Strategy and Vulnerability

For Vietnamese exporters, the focus should be on nurturing relationships with the dominant high-value frequent buyers to ensure steady revenue. There is risk in over-reliance on this group, so efforts to grow the other segments could diversify income. The sales model may benefit from tailored approaches: bulk discounts for infrequent high-value buyers and efficient processing for frequent small orders. According to [OEC World], Vietnam is a leading global exporter of footwear parts, reinforcing the importance of a strategic sales approach to maintain competitiveness.

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Vietnam Shoe Parts (HS 6406) 2025 April Export: Action Plan for Shoe Parts Market Expansion

Strategic Supply Chain Overview

The Vietnam Shoe Parts Export 2025 April under HS Code 6406 reveals a market driven by product specialization and high-value buyer relationships. Price is determined by technical specifications and consistent order volumes from key manufacturing partners. The supply chain operates as an integrated assembly hub, with Vietnam serving as the central node for producing and exporting differentiated components. Heavy reliance on a few dominant buyers and markets creates both pricing power and vulnerability to demand shifts or trade policy changes.

Action Plan: Data-Driven Steps for Shoe Parts Market Execution

• Use HS Code 6406 export data to identify top-performing sub-categories like miscellaneous parts (HS 64069059) and allocate more production capacity to them. This maximizes revenue from high-value segments.
• Analyze buyer frequency patterns to forecast inventory needs and prevent overstock. This ensures efficient capital use and reduces storage costs.
• Target sales efforts toward developed markets like Germany and Japan which order higher-value specialized components. This increases average order value and diversifies revenue streams.
• Develop tiered pricing models for high-volume frequent buyers to secure long-term contracts. This stabilizes cash flow and strengthens supply chain partnerships.
• Monitor trade policy updates monthly, especially U.S. tariff changes, to adjust pricing strategies proactively. This protects profit margins in a volatile regulatory environment.

Take Action Now —— Explore Vietnam Shoe Parts Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Vietnam Shoe Parts Export 2025 April?

The April 2025 decline to $314.58 million from March's $348.10 million reflects typical seasonal demand cycles, with Q1 peaks for stock replenishment followed by normalization. Vietnam maintains strong export momentum despite this fluctuation.

Q2. Who are the main partner countries in this Vietnam Shoe Parts Export 2025 April?

Vietnam itself dominates, accounting for 80.51% of shipments and 79.09% of export value. Regional partners like Indonesia and Cambodia, alongside developed economies (Germany, Japan, the U.S.), form secondary clusters for specialized or mid-value components.

Q3. Why does the unit price differ across Vietnam Shoe Parts Export 2025 April partner countries?

Price differences stem from product specialization—miscellaneous high-value parts (e.g., HS 64069059) dominate exports, while developed markets import pricier specialized components, unlike standardized bulk shipments to regional neighbors.

Q4. What should exporters in Vietnam focus on in the current Shoe Parts export market?

Exporters should prioritize high-value frequent buyers (58% of trade value) while diversifying markets to reduce reliance on Vietnam’s dominant domestic demand and mitigate geographic concentration risks.

Q5. What does this Vietnam Shoe Parts export pattern mean for buyers in partner countries?

Buyers in developed economies access specialized components, while regional neighbors rely on Vietnam for cost-effective mid-tier parts, creating stable but segmented supply chain roles.

Q6. How is Shoe Parts typically used in this trade flow?

Shoe parts serve as differentiated manufactured inputs for footwear assembly, with outer soles, uppers, and miscellaneous components catering to specific production needs globally.

Q7. What is yTrade?

yTrade is a global trade data platform that provides SaaS and API access to provide accurate, structured, and searchable import-export trade data for international business decisions. It enables users to access verified shipment records, analyse buyer and supplier activity, review company trade overviews, assess compliance risks, and monitor real market demand — all from a single, scalable system.

Q8. How can yTrade benefit my business?

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Q9. What features does yTrade offer?

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