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.
Google translate