The country ranking as the second largest footwear exporter worldwide.

Vietnam earned nearly $29 billion from footwear exports in
2025, up 5% year-on-year, according to the Vietnam Leather, Footwear and
Handbag Association (Lefaso).

The foreign-invested (FDI) sector remained the main growth
driver, contributing $22.82 billion, or 80% of total export value, representing
a sharp 17% increase compared to the previous year.

With these results, Vietnam ranked as the world’s
third-largest footwear producer and the second-largest exporter.

The United States continued to be Vietnam’s biggest footwear
market, importing products worth $11.01 billion. It was followed by the European
Union with $6.88 billion, China with $1.78 billion, Japan with $1.61 billion,
and the Republic of Korea with $776 million.

The sector now comprises nearly 3,000 enterprises and
employs about 1.5 million workers, with an annual production capacity of
approximately 1.3–1.4 billion pairs of shoes.

VnEconomy-Song Hà