Daily essential wooden items such as cutting boards, shoe shelves, or beds are becoming a trend today because the quality and design of the products are getting better and better.
In the mind of a person dealing in household wood products, the most important thing is finding the right quality and affordable supplies.
In this article, we will introduce to you the method to import household wood from Vietnam. Let’s get right into the details!
Taking advantage of nature’s resources, we have created practical items in daily life. Since primitive times, people have been able to carve out tree branches as hunting weapons.
Over time, the advancement in cognitive thinking helps us improve and produce everyday items from this material.
In Vietnam, the wood manufacturing industry is a strong force, bringing billions of dollars in value. With a long tradition, artisans with skillful hands and creative minds have created new and convenient items for users.
The bright spot in this industry is every home’s convenient intelligent home appliances, specifically, such as a knife rack, cutting board, cabinet shelf, bed, storage shelf.
In recent years, the industrial index in this industry has continuously increased rapidly. Mining output in 2020 is 20.5 million m3, meeting the requirements set out earlier.
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Vietnam Export/Import Market
In the field of wood export, Vietnam is the country with the most robust growth in this field.
According to the latest statistics from the Customs Department, the total export value of goods in 2020 reached 12.01 billion USD, up 16.3% compared to 2019.
Not to mention this number continues to increase in the last months of 2020. could be 1.1 billion USD/month.
The five main consuming markets of Vietnam’s goods are the US, China, Korea, Japan, and the EU. The turnover earned from the above five markets is 10.78 billion USD, accounting for 89.7% of the export value of W&WP.
Looking at the specific statistics distributed for each region, the US is the only country with growth in the same year period.
In 2020, the value of the export wood industry in Vietnam will increase thanks to the expansion of the US market.
The US market accounted for 6.98 billion USD, accounting for 58.1% of the value of W&WP.
It is the highest number anywhere else. Turnover increased by 36% compared to 2019.
Japan over 1.27 billion USD, accounting for 10.5% of export value, down 3% by 2019. In addition, China $ 1.2 billion, accounting for 9.8% of the total value, down 2% compared to 2019.,
Korea reached 816.74 million USD, up 2% in 2019. Finally, in the EU, the value in this region is the lowest, reaching 536.69 million USD, accounting for 4.5% of the total value, and also 5% less when compared to 2019.
The most appreciated products for sale consignments include seats, peeled boards, wood, pellets, fiberboard, and plywood.
In the import field, Vietnam in 2019 and 2020 all achieved 2.55 billion USD. Similar to export, the five markets that Vietnam seeks to source goods from are China, the USA, Cameroon, Thailand, and Chile.
You see, Household wood is one of the potential products with large consumption.
Regardless of the Covid 19 pandemic, sales volume decreased and increased significantly. So if you want to do business to get rich, choosing the above items is extremely wise.
>> See More: Import Teak Wood From Vietnam – Introducing the whole shipping process
How To Import Household Wood From Vietnam?Shipment Process
To help ensure the rights and quality of export products. The processes to ship goods to the international market are pretty strict and have many steps.
We usually choose mainly two modes of transportation: water and air. Although the paperwork on the two sides is not too similar, it will still primarily go through the standard steps as follows:
- Step 1: Apply for an export license for the items.
- Step 2: Sign the contract of both parties complete the steps to prepare the goods
- Step 3: Buy an insurance policy for the goods
- Step 4: Contact and sign with carriers
- Step 5: Do and complete the customs declaration procedures
- Step 6: Deliver the goods to the carrier
- Step 7: Complete the payment procedure.
In addition, the steps for you to import goods from abroad include the following steps:
- Step 1: Find the source of goods
- Step 2: Sign an import service contract
- Step 3: Receive the shipment information that you are about to take away
- Step 4: Programming the service for the shipment
- Step 5: Perform import service
- Step 6: Complete the import service.
There are not too many steps to complete a transaction. But if you’re an entrepreneur and need to make purchases like this for a long time, we recommend looking for a shipping company.
They are professional freight forwarders. You will find that you have saved a lot of time and money when encountering problems.
>> More: Today, we will learn together about how to import Pine wood from Vietnam.
VNCOMEX specializes in providing customers with freight services. Receive a variety of products that meet the terms set by customers.
With many years of experience in the industry, we signed contracts with business partners in more than 30 countries worldwide. The company was established and went up based on two criteria: “Cooperation – Development.”
Coming to VNCOMEX, here, you will benefit as much as possible.
- Cost optimization: Competitive price, fair negotiation. The company promises that there will be no additional fees.
- Helping you come up with solutions to problems in all situations.
- Advice from experienced staff
- Transparent contract, clear declaration.
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Thank you for your interest in the article!