Vietnam remains world’s second largest shoe exporter
Vietnam has earned over 2.8 billion USD from exporting shoes since the beginning of 2018, thus maintaining the second position in the world in terms of shoes export.
Vietnam - world's second biggest shoe exporter (Source: VNA)
Hanoi (VNA) – Vietnam has earned over 2.8 billion USD from exportingshoes since the beginning of 2018, thus maintaining the second position in theworld in terms of shoes export.
According to the 2017 statistics of the World FootwearMagazine, Vietnam ranked second among the top 10 largest footwear exporters forthe third consecutive year in 2017, with 1.02 billion pairs of shoes,equivalent to 7.4 percent of the global footwear supply.
China continued to be the top exporter, with 9.31 billionpairs.
The Vietnam Customs Office said that the country’s shoeexport turnover has increased over the years, from 8.4 billion USD in 2013 to14.65 billion USD in 2017 – a year-on-year rise of 12.3 percent.
Of the total, 11.78 billion USD, or more than 80 percent,was generated by foreign-invested enterprises.
Last year, a total of 863 enterprises shipped their footwearproducts abroad, up 15 percent year-on-year.
The US was the largest market of Vietnamese footwear, buyingmore than 5.1 billion USD in 2017. With 1.14 billion USD, China was the secondlargest importer of Vietnamese shoes. It was followed by Germany (992.6 millionUSD).
Vietnamese shoes are available in more than 100 markets overthe world.-VNA
The leather-footwear industry expects a good year in 2018 thanks to several favourable factors, according to the Vietnam Leather, Footwear and Handbag Association (LEFASO).
New trend and growth models in the footwear industry will be the main topic of discussions at the Vietnam Footwear Summit 2018 in Ho Chi Minh City from March 21-22.
Despite challenges, Vietnam’s leather and footwear sector will still have a competitive edge for the next two decades, according to the Vietnam Leather, Footwear and Handbag Association.
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Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Vietnam - world's second biggest shoe exporter (Source: VNA) 
