Vietnam Shoe Parts HS6406 Export Data 2025 June Overview

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

Vietnam’s Shoe Parts (HS Code 6406) Export in 2025 June reveals extreme geographic concentration, with Vietnam itself supplying 78.4% of global value—highlighting its role as the core hub for footwear manufacturing inputs. Buyers face high supply chain risk due to this heavy reliance, while major importers cluster into regional producers, finished footwear assemblers, and premium markets. The data, sourced from the yTrade database, reflects cleanly processed Customs records for 2025 June, ensuring reliability.

Vietnam Shoe Parts (HS 6406) 2025 June Export Background

Vietnam Shoe Parts (HS Code 6406), covering uppers, outer soles, and related components, are critical for global footwear manufacturing, ensuring stable demand from brands and factories. As of June 2025, Vietnam remains a top exporter of these parts, with shipments to China and other key markets, while adhering to updated compliance rules like accurate HS classification and GACC registration for Chinese exports [FreightAmigo]. The country’s competitive edge lies in its integrated supply chain and FTA benefits, reinforcing its role in 2025’s export landscape.

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

Key Observations

Vietnam Shoe Parts HS Code 6406 Export 2025 June saw a sharp decline, with export value dropping to $271.97 million, down approximately 21.6% from May's $346.99 million, indicating a significant monthly contraction amid otherwise strong performance earlier in the year.

Price and Volume Dynamics

The first half of 2025 showed volatile but generally elevated export values for Vietnam's shoe parts, peaking in March ($348.10M) and May ($346.99M) before June's pullback. This pattern aligns with typical footwear manufacturing cycles, where production often surges in Q1 and Q2 to stock inventory for peak retail seasons, followed by a seasonal slowdown in mid-year as orders taper off. The absence of volume data limits price analysis, but the value trends suggest robust demand cycles driving fluctuations, with June's drop reflecting routine post-production lulls rather than underlying weakness.

External Context and Outlook

The decline in June exports occurs against a backdrop of stable trade policies, as no major new Vietnam-specific regulatory changes or tariffs were reported for HS Code 6406 in mid-2025 [FreightAmigo]. Ongoing compliance requirements, such as accurate HS code classification and destination-country rules (e.g., China's GACC registration), continue to shape exports without introducing sudden volatility (FreightAmigo). Looking ahead, seasonal demand recovery in H2 2025, coupled with Vietnam's strong positioning in global footwear supply chains, should support a rebound, though macro factors like global economic softness could temper growth.

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

Product Specialization and Concentration

In June 2025, the Vietnam Shoe Parts HS Code 6406 Export was dominated by the sub-code 64069059 for miscellaneous footwear parts, which held over 33% of the export value and nearly 33% of the quantity. This part has a unit price of about 1.30 USD per unit, indicating a mid-range value product. However, there are extreme price anomalies isolated from the main analysis, such as 64061010 for uppers with a unit price around 22 USD per unit, but these have very small quantities and are not representative of the bulk trade.

Value-Chain Structure and Grade Analysis

The export structure for Vietnam Shoe Parts HS Code 6406 in 2025 June can be grouped into three value-add categories: uppers like 64061090 with higher unit prices around 3.16 USD per unit, outer soles such as 64062010 and 64062020 with medium unit prices of 1.2-1.6 USD per unit, and miscellaneous other parts including 64069059 and 64069099 with lower unit prices of 0.66-1.3 USD per unit. This variety in unit prices and product forms shows that the trade involves differentiated manufactured goods, not fungible bulk commodities, with clear gradations in quality and finish.

Strategic Implication and Pricing Power

For market players, the differentiated structure means that focusing on higher-value parts like uppers can yield better pricing power and margins. Vietnam's role as a key exporter of these parts [FreightAmigo] supports targeting niche markets. Strategic focus should be on enhancing quality and specialization to maintain competitiveness in the global supply chain for Vietnam Shoe Parts HS Code 6406 Export in 2025 June.

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

Geographic Concentration and Dominant Role

Vietnam's shoe parts (HS Code 6406) export in 2025 June shows extreme concentration, with the country itself holding a 78.4% value share against an even larger 85.5% quantity share. This value-to-quantity disparity suggests Vietnam is a primary source for core, often lower-value, components in the global footwear assembly chain, acting as the central hub for manufacturing inputs.

Partner Countries Clusters and Underlying Causes

The importers form clear groups. The first cluster includes regional low-cost manufacturing neighbors like Indonesia and Cambodia, which likely source components for their own final shoe production. A second group contains major finished footwear producers such as China Mainland and India, which import Vietnamese parts for assembly into complete products. A third cluster comprises developed markets like Germany, Italy, and the US, which may source specialized, higher-quality components for their premium footwear lines.

Forward Strategy and Supply Chain Implications

For buyers, this heavy reliance on a single source for Vietnam Shoe Parts HS Code 6406 Export 2025 June creates significant supply chain risk. Diversifying sourcing to secondary suppliers in countries like Indonesia or India could mitigate potential disruptions. Suppliers should ensure strict compliance with destination market regulations, as correct HS code usage is critical for smooth customs clearance [FreightAmigo]. The strategy should be to leverage existing trade networks while building resilience against concentration risks.

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

Strategic Supply Chain Overview

The Vietnam Shoe Parts Export 2025 June under HS Code 6406 is defined by two core price drivers: product specification (e.g., uppers vs. soles) and OEM contract volumes from dominant buyers. This creates a supply chain where Vietnam acts as a critical assembly hub for global footwear production. However, extreme geographic and buyer concentration—78.4% of value to Vietnam itself and 61% from high-frequency buyers—poses severe disruption risks if demand shifts or logistics fail.

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

• Target production of higher-value uppers (e.g., HS 64061090) to increase margins. Why: They command ~3.16 USD/unit versus ~1.30 USD for misc parts, directly boosting profitability.
• Use buyer frequency data to lock in contracts with top-tier clients (61% value share). Why: Secures stable revenue and allows production planning aligned with their order cycles.
• Diversify export destinations beyond Vietnam by targeting EU/US niches with premium components. Why: Reduces dependency on one market and taps into higher-margin segments.
• Audit HS Code 6406 classifications for every shipment to avoid customs delays. Why: Ensures compliance and prevents costly hold-ups, as regulations strictly enforce correct coding.
• Monitor order patterns of low-frequency, high-value buyers (20.5% value) for bulk opportunities. Why: Captures irregular but large orders that supplement core revenue streams.

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 June?

Vietnam Shoe Parts exports dropped 21.6% in June 2025 ($271.97M) after peaking in March and May, reflecting typical seasonal demand cycles rather than structural weakness. The decline aligns with post-production lulls as orders taper off ahead of retail seasons.

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

Vietnam dominates its own exports (78.4% value share), acting as a hub for global footwear assembly. Key partners include regional manufacturers like Indonesia and Cambodia, major producers like China and India, and premium markets like Germany and the US.

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

Price differences stem from product specialization: uppers (e.g., HS 64061090 at $3.16/unit) command higher prices than outer soles ($1.2–1.6/unit) or miscellaneous parts ($0.66–1.3/unit). Developed markets likely import higher-grade components.

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

Exporters should prioritize high-value, high-frequency buyers (61.05% of trade value) while diversifying to mitigate reliance on a few large purchasers. Emphasizing quality and compliance can strengthen competitiveness in niche markets.

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

Buyers face supply chain risks due to Vietnam’s 78.4% value share. Diversifying sourcing to secondary suppliers (e.g., Indonesia, India) is advised, while premium markets can leverage Vietnam’s specialized high-grade parts.

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

Shoe parts are primarily manufactured inputs for global footwear assembly, ranging from uppers and outer soles to miscellaneous components. They feed both mass-production chains and premium finished-goods markets.