Vietnam Shoe Parts HS6406 Export Data 2025 February Overview

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

Vietnam dominated global Shoe Parts (HS Code 6406) exports in February 2025, supplying over 80% of volume and value among top markets, with regional hubs like Cambodia absorbing bulk shipments and developed economies paying premium prices. This analysis, covering February 2025, is based on verified Customs data from the yTrade database. The market shows stable demand, but heavy reliance on Vietnam exposes buyers to trade policy risks like U.S. tariffs, urging diversification to regional partners or tariff-free agreements for supply chain resilience.

Vietnam Shoe Parts (HS 6406) 2025 February Export Background

Vietnam Shoe Parts (HS Code 6406), covering uppers, outer soles, and other components, are critical for global footwear manufacturing, with stable demand from brands relying on modular production. Recent U.S. tariffs of up to 40% on Vietnamese goods [Dacotex] add complexity to 2025 exports, but Vietnam remains a key supplier due to its integrated supply chain and competitive pricing. February 2025 data shows continued growth in shoe part shipments, reinforcing Vietnam's role in the global footwear trade.

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

Key Observations

Vietnam Shoe Parts HS Code 6406 Export 2025 February maintained steady growth, with export value rising 1.6% month-over-month to $264.68 million. This consistent performance reflects stable demand for footwear components ahead of the peak manufacturing cycle.

Price and Volume Dynamics

The incremental February increase follows typical industry patterns, where component suppliers ramp up deliveries to support spring and summer footwear production. While volume data is unavailable, the value growth suggests either firm pricing or slightly higher shipment quantities. This aligns with seasonal inventory builds by global brands ahead of the warmer months.

External Context and Outlook

Trade policy developments are influencing export strategies. The U.S. announced a 20% tariff on most Vietnamese goods effective July 2025 [Dacotex], creating urgency among buyers to secure shipments early under current rates. Meanwhile, preferential access to markets like the UK under trade agreements helps diversify destinations. These factors support near-term export stability but introduce medium-term uncertainty for Vietnam Shoe Parts HS Code 6406 Export 2025 February flows.

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

Product Specialization and Concentration

In February 2025, Vietnam's export of shoe parts under HS Code 6406 is dominated by the sub-code 64069059 for miscellaneous parts, which accounted for 32.64% of the export value and 30.14% of the quantity. This sub-code, described as "Footwear; parts, n.e.c. in heading 6406," shows a unit price of approximately 1.33 USD per unit, based on available data, indicating a focus on high-volume, lower-value components. No extreme price anomalies were present in the data set for this period.

Value-Chain Structure and Grade Analysis

The remaining sub-codes can be grouped into two main categories: outer soles and heels (e.g., 64062010 and 64062020, with unit prices around 1.56 USD per unit) and uppers and their parts (e.g., 64061090, with a higher unit price of about 3.02 USD per unit). This structure suggests a trade in semi-finished, somewhat differentiated goods rather than fungible bulk commodities, as unit prices vary significantly across categories, reflecting different value-add stages in footwear production.

Strategic Implication and Pricing Power

For Vietnam shoe parts HS Code 6406 export in 2025 February, the concentration in miscellaneous parts may offer some economies of scale but limits pricing power due to potential tariff impacts, such as the 20% US tariff on Vietnamese goods [USTR]. Exporters should diversify into higher-value sub-codes like uppers to mitigate risks and enhance competitiveness in the global supply chain.

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

Geographic Concentration and Dominant Role

In February 2025, Vietnam dominated the export of Shoe Parts HS Code 6406, accounting for over 80% of both quantity and value among the top 10 countries. The value ratio of 80.27 is slightly lower than the quantity ratio of 87.03, indicating that Vietnam exports these parts in high volume at a lower unit price, typical for mass-produced manufactured components in the footwear supply chain.

Partner Countries Clusters and Underlying Causes

The top importers form two clear clusters: regional manufacturing hubs like Cambodia and Indonesia, which show high shipment frequencies and quantities but lower value ratios, suggesting they are key assembly points for Vietnam's shoe parts. Developed markets such as Germany, the United States, and Japan have lower frequencies but higher value ratios, pointing to direct sales for higher-end or finished products. This split reflects the global footwear industry's reliance on Southeast Asia for cost-effective production and developed economies for consumption.

Forward Strategy and Supply Chain Implications

For businesses, the heavy reliance on Vietnam for Shoe Parts HS Code 6406 exports in February 2025 requires attention to trade policy risks, such as the U.S. imposing a 20% tariff on Vietnamese goods [USTR]. Diversifying sourcing to regional partners like Cambodia or leveraging tariff-free agreements, such as with the UK, can mitigate costs and stabilize supply chains for shoe manufacturers.

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

Buyer Market Concentration and Dominance

In the Vietnam Shoe Parts Export for 2025 February under HS Code 6406, the buyer market shows strong concentration among four segments of buyers. Buyers who place high-value and frequent orders dominate, holding 64.24% of the total export value. This group also handles over 60% of the quantity, with nearly 60,000 orders summing to 119 million dollars in value, indicating a market driven by regular, large-scale purchasing.

Strategic Buyer Clusters and Trade Role

The other buyer segments play distinct roles. Buyers with high-value but infrequent orders contribute 16.44% of value, often representing bulk or project-based purchases. Those with low-value but high-frequency orders account for 6.35% of value, typically involving smaller, routine buyers like local distributors. Finally, buyers with low-value and low-frequency orders make up 12.97% of value, likely consisting of occasional or niche market participants.

Sales Strategy and Vulnerability

For exporters in Vietnam, the strategy should focus on nurturing relationships with dominant high-value frequent buyers to ensure stable revenue. However, this reliance poses a risk if demand shifts, and diversifying into other segments could mitigate this. The sales model may benefit from tailored contracts for key buyers. External factors like the U.S. imposing a 20% tariff on most goods from Vietnam, as noted in USTR reports, could increase costs and require adaptive pricing or market expansion efforts.

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

Strategic Supply Chain Overview

The Vietnam Shoe Parts Export 2025 February under HS Code 6406 is driven by high-volume, low-unit-price production. Key price drivers include bulk orders from frequent, high-value buyers and competition in standardized parts like sub-code 64069059. This creates reliance on economies of scale but limits pricing power, especially with external risks like the 20% U.S. tariff. Supply chains center on Vietnam’s role as a regional assembly hub, feeding semi-finished goods to manufacturing partners like Cambodia and finished markets like the U.S. and Germany.

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

• Diversify into higher-value sub-codes like uppers (64061090) to increase unit revenue and reduce exposure to tariff-sensitive, low-margin parts.
• Analyze order frequency of top buyers to forecast demand cycles and optimize production scheduling, avoiding overstock or shortages.
• Expand export destinations to tariff-free markets like the UK using trade agreement data, mitigating reliance on high-tariff regions like the U.S.
• Segment buyers by value and frequency to create tailored contracts, securing stable relationships with high-volume clients while nurturing growth in niche segments.

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 February?

The steady 1.6% month-over-month growth in export value reflects stable demand for footwear components ahead of peak manufacturing cycles. However, the U.S. tariff announcement has created urgency among buyers to secure shipments early under current rates.

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

Vietnam dominates exports, accounting for over 80% of global trade in shoe parts. Key importers include regional manufacturing hubs like Cambodia and Indonesia, alongside developed markets such as Germany, the U.S., and Japan.

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

Price differences stem from product specialization: sub-code 64069059 (miscellaneous parts) trades at ~1.33 USD/unit, while uppers (64061090) command ~3.02 USD/unit, reflecting varying value-add stages in footwear production.

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

Exporters should prioritize relationships with high-value frequent buyers (64.24% of export value) while diversifying into higher-value sub-codes like uppers to mitigate tariff risks and reduce reliance on bulk components.

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

Buyers in regional hubs benefit from cost-effective assembly inputs, while developed-market buyers access higher-value parts. However, all face potential cost increases from the 20% U.S. tariff on Vietnamese goods effective July 2025.

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

These semi-finished components, ranging from outer soles to uppers, feed into global footwear manufacturing chains, with regional hubs handling assembly and developed markets receiving higher-grade inputs for finished products.

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?

yTrade helps businesses:

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Q9. What features does yTrade offer?

yTrade provides practical, trade-focused tools including:

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