Vietnam: Leather and footwear exports rise sharply

17/07/2025
Vietnam’s leather and footwear industry recorded over $14 billion in export value in the first half of 2025, according to the National Statistics Office, marking a year-on-year increase of more than 10%.

Footwear accounted for approximately $12 billion of this total, up 10.1%, while handbags and related products contributed nearly $2.2 billion, an 11.6% increase.

Vietnam remains the world’s third-largest leather-footwear producer and second-largest exporter, supported by free trade agreements and a competitive labour market.

Despite ongoing challenges, the industry is targeting 10% export growth in 2025, with efforts focused on sustainability, supply chain localisation, and product development.