Vietnam Shoe Parts HS6406 Export Data 2025 January Overview

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

Vietnam dominates the HS Code 6406 Shoe Parts export market in January 2025, handling 77.81% of shipments and 75.09% of value, positioning itself as a volume producer of standard components. Nearby manufacturing hubs like Cambodia and Indonesia import bulk quantities, while developed markets like Germany and the U.S. pay premium prices for specialized parts. This analysis, based on cleanly processed Customs data from the yTrade database, highlights Vietnam’s dual role in the global supply chain—leveraging scale for cost-sensitive buyers while targeting higher-value opportunities in advanced economies.

Vietnam Shoe Parts (HS 6406) 2025 January Export Background

Vietnam’s Shoe Parts (HS Code 6406), covering uppers, outer soles, and related components, are critical for global footwear manufacturing, ensuring stable demand from brands and repair markets. With no major policy shifts in January 2025, Vietnam continues as a top exporter of HS 6406 products, backed by its strong footwear industry and competitive supply chain [FreightAmigo]. The country’s 2025 export growth in this category remains steady, reinforcing its role as a key supplier to major markets like the US and EU.

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

Key Observations

January 2025 saw Vietnam's Shoe Parts exports under HS Code 6406 achieve a value of 260.47 million, reflecting sustained strong performance in the global footwear supply chain. This output highlights the sector's resilience amid typical post-holiday demand adjustments.

Price and Volume Dynamics

The export value for Vietnam Shoe Parts HS Code 6406 in January 2025 demonstrates steady momentum, likely driven by consistent industrial demand for components in global footwear manufacturing. Seasonal cycles often see stable orders early in the year as brands prepare for upcoming collections, supporting value retention despite volume data not being highlighted. This pattern aligns with the industry's focus on high-value parts rather than bulk quantities.

External Context and Outlook

Vietnam's position as a top footwear exporter [USDA Gain Report] underpins this stability, with no new regulatory changes reported in January 2025 (USDA). The absence of trade disruptions suggests continued robust demand from key markets like the US and EU, reinforcing a positive outlook for Vietnam Shoe Parts HS Code 6406 Export 2025 January.

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

Product Specialization and Concentration

In January 2025, the Vietnam Shoe Parts HS Code 6406 export market is highly concentrated, with the sub-code for footwear parts not elsewhere classified (HS 64069059) dominating at 30.68 percent of the total export value. Unit price data is unavailable, preventing detailed disparity analysis for specialization evidence.

Value-Chain Structure and Grade Analysis

The remaining sub-codes fall into three groups: outer soles and heels (e.g., HS 64062010 and 64062020, with a combined value share of 31.68 percent), uppers and parts thereof (e.g., HS 64061090 and 64061010, with 14.52 percent), and miscellaneous parts (other HS 640690 codes, with smaller shares). This structure points to a trade in differentiated manufactured goods, not fungible bulk commodities.

Strategic Implication and Pricing Power

Market players should focus on high-value parts like soles and uppers for better pricing power, given the concentration. [USDA] notes no new export policies, indicating stable conditions for Vietnam Shoe Parts HS Code 6406 Export in 2025 January.

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

Geographic Concentration and Dominant Role

Vietnam dominates the Vietnam Shoe Parts HS Code 6406 Export 2025 January trade, handling 77.81% of all shipments and 75.09% of total export value. This high volume but slightly lower value share points to Vietnam's role as a volume producer of standard, lower-cost components rather than high-value specialized parts.

Partner Countries Clusters and Underlying Causes

Two clear country groups emerge. First, nearby manufacturing hubs like Cambodia and Indonesia take large volumes (5.69% and 4.15% of quantity) at lower values, indicating they import basic components for assembly. Second, developed markets like Germany, the United States, Japan, and South Korea import smaller quantities but pay higher prices, suggesting they source more specialized, higher-value parts for their domestic production.

Forward Strategy and Supply Chain Implications

For Vietnam to capture more value, manufacturers should focus on producing higher-grade components for developed markets. The recent USDA report confirms Vietnam continues to update its HS code system [USDA], providing regulatory stability for this shift. Buyers in cost-sensitive markets can leverage Vietnam's scale, while those in developed economies should partner with Vietnamese suppliers capable of meeting stricter quality demands.

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

Buyer Market Concentration and Dominance

In January 2025, the Vietnam Shoe Parts Export market under HS Code 6406 shows strong concentration, with one group of buyers driving most of the activity. Buyers who place frequent and high-value orders dominate, making up over 60% of the total export value and about 65% of order frequency. This indicates a market where regular, substantial transactions are the norm, with the median buyer behavior leaning towards consistent, valuable engagements. The four segments of buyers highlight a skewed distribution, emphasizing the importance of this dominant cluster for Vietnam's export performance in shoe parts.

Strategic Buyer Clusters and Trade Role

The other buyer groups play distinct roles. Infrequent high-value buyers contribute nearly 20% of the value with few orders, likely representing large, specialized manufacturers or bulk purchasers who order sporadically. Frequent low-value buyers account for a smaller share of value but high frequency, suggesting they are smaller businesses or retailers with steady, low-volume needs. Infrequent low-value buyers have minimal impact, possibly consisting of occasional or experimental clients testing the market. Together, these clusters support a diverse but secondary demand structure for manufactured shoe parts.

Sales Strategy and Vulnerability

For exporters in Vietnam, the focus should be on nurturing relationships with the dominant high-value, high-frequency buyers to maintain stability, while exploring growth in the infrequent high-value segment for larger deals. The risk lies in over-dependence on the top cluster, which could expose the market to volatility if key buyers reduce orders. Opportunities include tailoring sales approaches to capture more from secondary clusters, such as offering flexible terms for infrequent buyers. According to [USDA], Vietnam remains a top global exporter of footwear parts, reinforcing the need to leverage this position with strategic buyer management.

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

Strategic Supply Chain Overview

The Vietnam Shoe Parts Export 2025 January under HS Code 6406 operates as a manufactured goods market. Price is driven by product specifications and OEM contract volumes, not bulk commodity trends. High-value parts like soles and uppers command better margins. Supply chains focus on assembly hub roles, with technology and brand partnerships shaping value capture. Vietnam’s dominance in volume but moderate value share reveals a need to shift toward specialized production for developed markets. Over-reliance on frequent high-value buyers creates vulnerability to demand swings.

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

• Analyze buyer order frequency to anticipate stock cycles and optimize inventory, reducing overstock risk and improving cash flow.
• Target infrequent high-value buyers with tailored bulk discounts to secure larger contracts, increasing overall export value per transaction.
• Shift production focus toward higher-grade components for markets like the U.S. and Germany, leveraging their willingness to pay premium prices for quality.
• Diversify buyer engagement strategies to reduce dependency on top clients, using trade data to identify and nurture promising secondary clusters.
• Monitor HS Code 6406 regulatory updates for compliance assurance, ensuring smooth export operations and avoiding delays.

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 January?

Vietnam's Shoe Parts exports in January 2025 show steady momentum, with a total value of $260.47 million, reflecting consistent industrial demand for components in global footwear manufacturing. The stability is reinforced by Vietnam's role as a top exporter and the absence of new regulatory disruptions.

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

Vietnam dominates its own exports (75.09% of value), followed by nearby manufacturing hubs like Cambodia (5.69% of quantity) and Indonesia (4.15%). Developed markets like Germany, the U.S., Japan, and South Korea import smaller volumes but at higher prices.

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

Price differences stem from product specialization—developed markets import higher-value parts like soles and uppers, while regional hubs buy lower-cost bulk components for assembly.

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

Exporters should prioritize high-value buyers (60% of export value) and explore infrequent high-value deals while reducing reliance on the dominant cluster. Shifting production toward specialized parts for developed markets can capture more value.

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

Buyers in cost-sensitive markets (e.g., Cambodia) benefit from Vietnam’s bulk pricing, while developed-market buyers should seek Vietnamese suppliers capable of delivering higher-grade components.

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

Shoe parts are primarily used in footwear manufacturing, with bulk components supporting assembly in regional hubs and specialized parts serving higher-end production in developed markets.

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.

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