Footwear and leather export turnover surpasses US$27 billion in 2024

Footwear and leather export turnover surpasses US$27 billion in 2024

The export value of footwear and leather products reached US$27.04 billion in 2024, a year-on-year increase of 11.45 percent, according to the Viet Nam Leather, Footwear and Handbag Association (Lefaso).

Viet Nam’s share in global textile exports surpasses India

Viet Nam’s share in global textile, leather, and footwear exports reached 5.9 percent, overcoming the shares of India (3.5 percent) and Bangladesh (5.1 percent) in these sectors, noted the World Bank (WB) in its recent report.

Leather footwear export value may hit US$26-27 billion in 2024

The leather footwear sector is expected to earn US$26-27 billion in export turnover in 2024, according to the Viet Nam Leather, Footwear and Handbag Association (Lefaso).

Vietnam’s leather, footwear exports exceed 14 billon USD in 7 months

Overseas shipments within the first seven months of 2022 earned more than 14 billion USD for the leather and footwear sector, an annual increase of 13%.

Vietnam accounts for 10 per cent of global footwear exports

Viet Nam occupied over 10 percent of share in the world footwear market for the first time, according to the World Footwear Yearbook 2021.
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