Sports Footwear Exports from Vietnam – Sports Shoe Market Size of Vietnam

01 October 2018
Vietnam Exports Sports Footwear

Footwear is one of Vietnam’s key export items, ranking 2nd in export turnover. Sports shoes production account for the major share in the total Vietnamese footwear production. However, significant portion of the sports shoe production is meant for export. Vietnam’s footwear has been exported to about 50 markets around the world. According to sports footwear export data of Vietnam and 2017 market research report, prepared by Export Genius; Vietnam’s exports of sports footwear valued US$ 4708899426. Let’s analyse sports footwear exports from Vietnam in 2017 from our market research report.


What is Covered in Our Vietnam Export Data and Report of Sports Footwear?


·         Market share of Vietnamese companies exporting sports footwear.

·         Full product specifications such as brand, size, etc.

·         Vietnamese and foreign ports.

·         Value and quantity of shipment.


May Month Recorded Highest Sports Footwear Export Shipments from Vietnam in 2017 – Month-wise Analysis


Vietnam export statistics of sports footwear revealed that the cycle of sports footwear exports usually witnessed growth in the throughout all months of 2017 and reached the highest level in May, November and December months. In all months of this year, average export value of sport shoes reached above US$ 400 million. Here are share in values of sports footwear exported from Vietnam recorded in all months of 2017.


 

Month

Value USD %

January

7.73%

February

6.34%

March

8.01%

April

8.55%

May

9.84%

June

8.87%

July

8.18%

August

7.86%

September

7.01%

October

8,48%

November

9.49%

December

9.63%

 

Vietnam Exported Nike Sports Footwear Maximum in 2017 – Brand-wise Analysis


According to Export Genius business intelligence report on Vietnam exports sports footwear(HS Code 64041190), Nike took the largest market size of Vietnam’s sports footwear. This sports shoe manufacturer in Vietnam is a leading footwear brand, capturing over 30% sport shoes market into the country. Its total business of sports shoes valued US$ 1465649840 in 2017. Here are 10 largest sports footwear brands in Vietnam with their percentage contribution to the Vietnamese market.


 

Brand

Value USD %

Nike

31.13%

Adidas

19.45%

ASICS

6.52%

Puma

5.53%

New Balance

3.79%

Converse

3.64%

Reebok

3.36%

Skechers

3.28%

Air Max

3.11%

Vans

3.01%

 

Vietnam’s Pouyuen Vietnam Co. Ltd. Stood as Largest Sports Footwear Supplier – Exporter-wise Analysis


As per sports footwear export data of Vietnam, Pouyuen Vietnam Co. Ltd. recorded the highest export volume of sports shoes in 2017. It grabbed 10.37% Vietnamese market of sports footwear. It was followed by Chang Shin Vietnam Co. Ltd and Tae Kwang Vina JSC Industrial. Here is the list of top 5 Vietnamese companies of sports footwear with their market share in 2017. 

 

 

Vietnamese Exporter Company

Value USD %

Pouyuen Vietnam Co. Ltd.

10.37%

Chang Shin Vietnam Co. Ltd

7.44%

Tae Kwang Vina JSC Industrial

6.87%

Hwaseung Vina Co. Ltd.

6.82%

Co. Hung Cheng Shyang

3.70%

 

So, if you are looking for sports footwear manufacturers in Vietnam or simply want to analyse Vietnam footwear industry 2017; get our footwear export data of Vietnam with prime focus on sports footwear market size and price. Look at 2017 sample below to understand the format and know which columns are covered in sports shoes export data of Vietnam.


Date

30 Dec 2017

Vietnamese Export Company

Hwaseung Vina Co., Ltd.

Foreign Importer Company

Seung Hwa Industries Co., Ltd

HS Code

64041190

Product Description

AD0172773 # & Footwear 3T-14T (23.3cm-33.5cm) Questar TND (DB1112)

Brand

Questar

Unit

Cap

Quantity

1550

Value (USD)

27388.5

Unit Price (USD)

18

Origin Country

Vietnam

Condition of Goods Delivery

FOB

Payment Condition

TTR

Vietnamese Export Port

Binh Duong Trade and Tourism Joint Stock Company

Export Country

Vietnam

Import Country

United States of America

Foreign Port

Spartanbur SC

 

Vietnam Exported Sports Footwear Mostly to United States of America in 2017 – Importer Country-wise Analysis


Currently, sports footwear suppliers in Vietnam are very active in picking up business opportunities, when the import markets for Vietnamese leather and footwear are mainly North America, the EU and Asian countries. The United States of America has been the leading sports footwear export market of Vietnam, which accounted 36.07% share in value during Jan-Dec 2017. It was followed by Belgium, Germany, Japan and France. Let’s have a look at 10 largest export destinations of Vietnam shoe exports with their trade values recorded in 2017.


 

Importer Country

Value USD %

United States of America

36.07%

Belgium

9.23%

Germany

8.13%

Japan

5.15%

France

4.84%

United Kingdom

4.15%

Netherlands

4.11%

Mexico

3.15%

South Korea

2.23%

Australia

1.93%

 

According to Vietnam Leather, Footwear and Handbags Association (LEFASO), the leather and footwear industry would likely to get more power than in 2017 due to the support of Free Trade Agreements (FTAs). The Vietnam-EU Free Trade Agreement (EVFTA) is expected to be signed in late-2018, which will help Vietnam’s footwear products enjoy a different level of 3.5-4.2% when exporting the European Union (EU). The association said in terms of export volume, Vietnam is one of the top four countries exporting footwear in the world, followed by China, India and Brazil.

 

Vietnam’s footwear industry has a long development history and is one of the industries with export advantages. It contributes significantly to the national economy. So, if you have any data requirements regarding our market research report on sports shoe exports from Vietnam in 2017; connect with us right away.


To buy our market research report and data, e-mail us at info@exportgenius.in.


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