Vietnamese eggs have been incredibly famous due to their quality. This country also has a lot of advantages in this sector.
This complete guide will show you how to import egg from Vietnam. If you find this market potential, let’s follow our post!
The Source of Vietnamese Egg
Female animals, such as birds and some mammals, lay eggs. Humans have eaten them for thousands of years because of their high protein content.
The most commonly eaten eggs are from chicken. Some other poultry eggs like quail and duck are also popular.
People raise chickens as well as other egg-laying species all over the world. The industrial production of eggs is a multibillion-dollar industry.
In 2009, an overall laying flock of around 6.4 billion chickens produced approximately 62.1 million tons of eggs.
Many types of edible eggs are high in nutrients and rich in taste, such as:
This variety comes in two colors: white and brown. They have the same nutritional content, rich in zinc, calcium, and protein. Their mild taste is also similar.
These eggs look like the white chicken ones, but they have some brown dots and are smaller. Yet, the vitamin B12 and D concentrations in them are the same.
These eggs have a little bigger yolk than chicken ones and contain more proteins and lipids. Besides, they have more Vitamin B, a thicker shell, and last longer in the fridge.
Caviar is the egg of a fish. It has a high content of antioxidants and a treasure of marine nutrients.
Geese lay big eggs. They have a much richer flavor and a higher protein level than chickens.
Turkey eggs are as big as the duck’s ones. Because of the thick yolk and white, it has a creamier flavor. They’re also high in calcium.
>> Read More: How To Import Wheat Flour From Vietnam? All You Need To Know!
Current Market For Importing Eggs From Vietnam
Vietnam’s egg production from 2015 to 2020 has grown at an average of 12.67% per year, four times higher than the global average increase in the same period.
In 2020, the global export of Vietnamese eggs will reach about 2 million tons in volume and $3.5 billion.
Major exporters such as the Netherlands, Turkey, Poland, the USA, and Germany accounted for 78% of the total output.
Experts expect that by 2025, the export value will reach $297 billion, with an annual growth rate of 6.7%. By 2030, the value will continue to expand and reach 138 million tons.
By 2050, developing countries will account for 85% of the world population. As a result, the demand for eggs in these nations will continue to rise in the next few years.
Recently, the poultry sector in Vietnam has experienced rapid expansion. The yearly egg supply increases steadily, from over 8.8 billion eggs in 2015 to over 16 billion eggs in 2020.
From 2015 to 2020, the Vietnamese average annual growth in this sector will be 12% per year, which is four times faster than the global average value.
This country has a lot of advantages in the industry, such as the environment, cheap labor, and the flexible abilities of businesses in implementing new technology in production.
However, the COVID-19 epidemic has affected the global economy. Domestic businesses suffered a lot of the consequences and need time to recover.
Some experts believe that until the middle of 2022, there would be more opportunities for the businesses to run smoothly and expand as expected.
In addition, the country has signed some Free Trade Agreements, including the EVFTA, CPTPP, and many others. Thanks to these agreements, the egg industry develops in a free market without tariff restrictions.
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How To Import Egg From Vietnam?
This country has attracted many foreign clients. As a result, the traders need to learn about Vietnamese export and import regulations.
First and foremost, traders have to understand the shipping procedure in this country. Any cross-border shipment must go through these steps:
- First-mile delivery
- Customs clearance
- Last-mile delivery
You can utilize multiple smaller, specialized transportation firms at different shipment stages to save freight charges.
There are two options for exporting Vietnamese goods:
- Air freight: This shipping method is the fastest. However, it means that you have to pay more.
- Sea freight: Since Vietnam is an ocean-facing country, this method seems more popular. The cost to ship a container overseas is also cheaper.
It is necessary to accurately pack your commodities using the proper packaging materials for cross-border transportation. Your goods may come into contact with one other.
Extra packaging materials, such as bubble wraps, can help keep the products rolling about or bouncing around in the container.
Traders must send transporters with cargo details to prepare essential documentation for Vietnamese customs officials.
The details required for this step are:
- Supplier’s name and address
- Buyer’s name and address
- Manufacturer’s address
- Declared currency
- HS Code
- Description, size, weight, and volume of the product
Agencies will request the following additional relevant information on the exports:
- Bill of lading
- Customs declaration form
- Packing list
- Commercial invoice
- Certificate of origin
- Export permit
- Technical health certificate
Because of the complicated transportation process, buying things from Vietnam is not straightforward. To simplify the whole process, you might need a reliable partner.
So, why should you go with Vncomex instead of another option?
- We’ve spent a lot of time creating a solid position in the industry by providing superior assistance and support to our customers.
- The price isn’t an issue. You can expect high-quality services at a low cost.
- To ensure your satisfaction, we’re also growing our staff of devoted, skilled, and brilliant individuals.
We have shared how to import egg from Vietnam in this post. To summarize, this country is promising and will develop significantly in the future.
Hopefully, you will find this article helpful. If you need any support, please feel free to ask. Thank you for reading!