Forecast: Import of Footwear With Uppers of Textile Materials to Viet Nam

The import of footwear with uppers of textile materials to Vietnam stood at 50.2 million USD in 2023. The forecasted data from 2024 to 2028 shows a steady increase in import values, starting from 52.044 million USD in 2024 to 61.224 million USD in 2028. On a year-on-year basis, the import value is projected to grow by approximately 4.5% to 4.7% each year. The Compound Annual Growth Rate (CAGR) over the next five years is expected to be around 4.5%.

Future trends to watch for:

  • The impact of changing trade policies and tariffs on import prices and volumes.
  • Shifts in consumer preferences towards sustainable and innovative textile materials in footwear.
  • Technological advancements in textile manufacturing and their impact on import patterns.
  • Competitive dynamics within the ASEAN region influencing Vietnam's import strategies.

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