Vietnam Shoe Parts HS6406 Export Data 2025 Q2 Overview

Vietnam Shoe Parts (HS 6406) 2025 Q2 Export: Key Takeaways

Vietnam dominates HS Code 6406 Shoe Parts exports in 2025 Q2, accounting for 79.54% of total value and 86.87% of quantity among top markets, reinforcing its role as a low-cost regional hub for mass-produced components. Developed markets like Germany and the USA show higher unit values, offering diversification potential for exporters. This analysis, based on cleanly processed Customs data from the yTrade database, confirms Vietnam's critical position in the 2025 Q2 supply chain for Shoe Parts.

Vietnam Shoe Parts (HS 6406) 2025 Q2 Export Background

Vietnam Shoe Parts (HS Code 6406), covering uppers, outer soles, and related components, are critical for global footwear manufacturing, with stable demand driven by industries like sports and fashion. In Q2 2025, Vietnam remains a top exporter, shipping over 186,000 HS 6406 units and holding 44% of the global market, thanks to strong demand from China, Portugal, and South Korea [FreightAmigo]. With no major policy shifts, Vietnam’s export strength lies in its compliance with 2025 HS code updates and efficient supply chains.

Vietnam Shoe Parts (HS 6406) 2025 Q2 Export: Trend Summary

Key Observations

Vietnam Shoe Parts HS Code 6406 Export in 2025 Q2 showed a solid quarter-over-quarter increase in value, rising approximately 6.9% from Q1, despite a sharp decline in June that suggests potential seasonal adjustments.

Price and Volume Dynamics

The total export value for Q2 reached $933.54 million, up from $873.25 million in Q1. This growth is consistent with typical footwear industry cycles, where Q2 often sees heightened demand for summer production runs. The peak in May at $346.99 million reflects strong order fulfillment, while the drop to $271.97 million in June aligns with seasonal slowdowns as inventories are balanced post-peak periods.

External Context and Outlook

The steady performance is underpinned by Vietnam's compliance with 2025 HS code updates, which facilitate tariff alignment and smooth customs processes as highlighted in [FreightAmigo]. With no major policy disruptions reported and sustained demand from key partners like China and South Korea (Volza), the outlook for Vietnam Shoe Parts exports remains stable through 2025.

Vietnam Shoe Parts (HS 6406) 2025 Q2 Export: HS Code Breakdown

Product Specialization and Concentration

In Q2 2025, Vietnam's export of Shoe Parts under HS Code 6406 is highly concentrated, with HS 64069059 (miscellaneous parts not elsewhere classified) dominating at over 32% value share. Its approximate unit price is 1.30 USD per unit, indicating a mid-range value product based on quantity and value data. Extreme price anomalies are present in sub-codes like HS 64061010 (uppers) with unit price around 20.15 USD per unit, which are isolated from the main analysis due to their specialized, high-value nature.

Value-Chain Structure and Grade Analysis

The non-anomalous sub-codes fall into three value-add categories: high-value uppers (HS 64061090 at ~3.29 USD per unit), medium-value soles and heels (HS 64062010 and 64062020 at ~1.20-1.59 USD per unit), and low-value miscellaneous parts (e.g., HS 64069059 and others at ~0.65-1.30 USD per unit). This structure reflects trade in differentiated manufactured goods, not fungible commodities, with clear grade variations based on processing stage.

Strategic Implication and Pricing Power

For Vietnam Shoe Parts HS Code 6406 Export 2025 Q2, pricing power lies in high-value products like uppers, where focus can drive margins. Vietnam's stable export role and alignment with global HS code updates [FreightAmigo] support reliable supply chains, but competition may pressure lower-value segments, urging strategic shifts toward premium offerings.

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Vietnam Shoe Parts (HS 6406) 2025 Q2 Export: Market Concentration

Geographic Concentration and Dominant Role

Vietnam dominates the export of Shoe Parts HS Code 6406 in 2025 Q2, with a 79.54% share of total value and 86.87% of quantity among the top 10 countries. The lower value ratio compared to quantity ratio suggests Vietnam exports high volumes of lower-unit-value components, typical for mass-produced parts in footwear manufacturing. This pattern points to Vietnam's role as a key assembly and sourcing hub for shoe parts.

Partner Countries Clusters and Underlying Causes

The top partners form two main clusters. First, Southeast Asian nations like Indonesia and Cambodia show high shipment frequencies but lower value shares, indicating they are low-cost production bases integrated into regional supply chains. Second, developed markets such as Germany, Japan, and the USA have lower quantities but higher value per unit, likely serving as destinations for premium or specialized parts. China and India act as secondary sources or transit points for broader manufacturing needs.

Forward Strategy and Supply Chain Implications

For exporters, maintaining strong ties with Vietnam is crucial due to its dominant position and stable trade environment, as noted in recent reports [FreightAmigo]. Diversifying into higher-value markets like Germany or the USA can mitigate risks and capture better margins. Supply chains should prioritize efficiency and compliance with evolving HS codes to sustain growth in Vietnam Shoe Parts HS Code 6406 Export 2025 Q2.

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Vietnam Shoe Parts (HS 6406) 2025 Q2 Export: Action Plan for Shoe Parts Market Expansion

Strategic Supply Chain Overview

Vietnam Shoe Parts Export 2025 Q2 under HS Code 6406 is a manufactured goods market. Price is driven by product specification and OEM contract volumes. High-value uppers (like HS 64061090) command premium prices. Medium-value soles and low-value parts face margin pressure. The supply chain implication is Vietnam’s role as an assembly hub. But over-dependence on a few high-volume buyers creates vulnerability. Geographic data shows Vietnam dominates volume but must target premium markets like the USA for better margins.

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

• Use HS sub-code analysis to shift production toward high-value uppers (e.g., HS 64061090). This captures higher margins and reduces exposure to low-value competition.
• Analyze buyer frequency data to forecast demand from top clients. This prevents inventory overstock and ensures timely delivery for key accounts.
• Diversify sales targets toward high-unit-value destinations like Germany and the USA. This mitigates risk from over-reliance on regional, volume-focused partners.
• Monitor order patterns of high-value, low-frequency buyers to convert them to regular clients. This stabilizes revenue streams and builds long-term partnerships.

Execute these steps to secure growth in Vietnam Shoe Parts HS Code 6406 Export 2025 Q2.

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Frequently Asked Questions

Q1. What is driving the recent changes in Vietnam Shoe Parts Export 2025 Q2?

Vietnam's Shoe Parts exports grew 6.9% in Q2 2025, peaking in May before a seasonal June slowdown. The rise reflects typical summer demand cycles, with high-value uppers (e.g., HS 64061090 at ~3.29 USD/unit) driving margins.

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

Vietnam dominates with 79.54% of export value, followed by Southeast Asian hubs like Indonesia and Cambodia for bulk orders, and developed markets (Germany, USA, Japan) for premium parts.

Q3. Why does the unit price differ across Vietnam Shoe Parts Export 2025 Q2 partner countries?

Prices vary by product grade: high-value uppers (e.g., HS 64061010 at ~20.15 USD/unit) skew developed-market shipments, while low-value parts (e.g., HS 64069059 at ~1.30 USD/unit) dominate regional trade.

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

Prioritize high-value frequent buyers (55.89% of revenue) and convert high-value infrequent clients (24.83%). Diversify into premium markets (e.g., Germany) to reduce reliance on bulk regional demand.

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

Buyers in developed markets access specialized components (e.g., uppers), while Southeast Asian buyers benefit from cost-effective bulk parts. All face stable supply but should monitor Vietnam’s pricing power in high-value segments.

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

Parts like uppers, soles, and miscellaneous components support footwear assembly, with Vietnam acting as a key manufacturing hub for both mass-produced and premium-grade inputs.

Detailed Monthly Report

Vietnam HS6406 Export Snapshot 2025 APR

Vietnam HS6406 Export Snapshot 2025 MAY

Vietnam HS6406 Export Snapshot 2025 JUN