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ECONOMYINDUSTRY

Vietnam ranked the second biggest shoe exporter in the world

Updated at Thursday, 05 Apr 2018, 11:08
The Hanoitimes - Vietnam has earned over 2.8 billion USD from exporting shoes since the beginning of 2018, thus maintaining the second position in the world in terms of shoes export.
 
Vietnam ranked the second biggest shoe exporter in the world
Vietnam ranked the second biggest shoe exporter in the world
According to the 2017 statistics of the World Footwear Magazine, Vietnam ranked second among the top 10 largest footwear exporters for the third consecutive year in 2017, with 1.02 billion pairs of shoes, equivalent to 7.4 percent of the global footwear supply.
China continued to be the top exporter, with 9.31 billion pairs.
The Vietnam Customs Office said that the country’s shoe export turnover has increased over the years, from 8.4 billion USD in 2013 to 14.65 billion USD in 2017 – a year-on-year rise of 12.3 percent. 
Of the total, 11.78 billion USD, or more than 80 percent, was generated by foreign-invested enterprises.
Last year, a total of 863 enterprises shipped their footwear products abroad, up 15 percent year-on-year.
The US was the largest market of Vietnamese footwear, buying more than 5.1 billion USD in 2017. With 1.14 billion USD, China was the second largest importer of Vietnamese shoes. It was followed by Germany (992.6 million USD).
Vietnamese shoes are available in more than 100 markets over the world.
 
Trung Kien
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