For the first time, Vietnam holds over 10% of the global shoe export market share

According to the recently announced World Footwear Yearbook 2021 (World Footwear Yearbook 2021), for the first time, Vietnam accounts for over 10% of the global shoe export market share.

 

According to the VNA, the German footwear industry news site Schoez.biz said on March 2 that while China's share of global footwear exports fell by 12% over the past decade, from 73.1% in 2011 to 73.1% in 2011. 61.1% in 2020, Vietnam's market share has increased from 2% to 10.2% during the same period.


In total, Vietnam exports about 1.2 billion pairs of shoes in 2020 and ranks second in the world in terms of footwear exports. This data has just been published by the Portuguese Leather and Footwear Association APICCAPS in the World Leather and Footwear Yearbook 2021.


Topping the list of exporters in China with a total of 7.4 billion pairs of shoes exported in 2020.


After Vietnam, Indonesia ranks third, with 366 million pairs of shoes exported, accounting for 3% (from 1.6% a decade ago) of the global shoe export market share, followed by Germany with 2.5 % and Turkey with 2.3%. Germany has overtaken Belgium and Italy to become Europe's largest shoe exporter over the past 10 years.


The COVID-19 pandemic has disrupted international value chains, leading to a reduction in the share of export production from 62% to 59%. In total, about 12.1 billion pairs were exported worldwide in 2020.


As in previous years, Asia is the source of most of the world's footwear exports in 2020, but the share of global exports has been gradually decreasing over the past decade and 2020 is no exception. rate. Europe is the only continent where its share in the world has grown by nearly 4% since 2011.


Regarding the consumption market, China is also the largest consumer with 3.9 billion pairs of shoes (accounting for 20.8%), followed by India with 2 billion pairs (accounting for 10.6%), the US 1.8. billion pairs (accounting for 9.6%), Indonesia 821 million pairs (accounting for 4.3%), Brazil 3.6% and Germany 2%.


The World Footwear Yearbook, published annually by APICCAPS, is a comprehensive report analyzing key trends in the worldwide footwear sector. The purpose of this publication is to analyze the position of the countries concerned in the footwear industry according to various parameters such as production, export, import and consumption.


Source: CCIPV / VN Government Electronic Newspaper