2011-2016: VN gains almost $60b in footwear exportViet Nam’s export value for leather and footwear gained stable growth every year during the 2011-16 period to reach US$57.5 billion in total. The US has been the leading footwear export market of Việt Nam, accounting for 30 per cent of the industry’s total export value. Footwear export value made up 11 per cent of Việt Nam’s total export value to the US. In terms of region, the EU was the largest footwear export market of Việt Nam. However, Việt Nam’s export footwear products have almost been processed under foreign fashion brands’ orders and the domestic footwear industry has weaknesses in design and material supply, the association said.

Source: VietNamNet News February 21, 2017 09:00 UTC