Do you want to import Jumbo bag from Vietnam? This is probably the potential market for you to implement this plan. Vietnam is one of the countries that develop strongly when exporting Jumbo Bags to many countries around the world.
Vietnam’s Jumbo bag is recognized by many international traders for its quality and reasonable price. The ultimate guide in this article will help in detail.
Let’s read on to discover!
The Origin
Jumbo bags, also known as bulk bags or FIBC bags, are the ideal solution for almost every business today that involves the storage, packing, and transportation of hard, dry bulk items.
The original FIBC was PVC rubber bags. People used them in the rubber industry to handle Carbon Black, which worked as reinforcement in several rubber goods.
The discovery of polypropylene in the 1960s and developments in textiles gave birth to the bags we know today.
When the oil crisis broke out in the 1970s, the FIBC proved its worth by delivering tons and tons of concrete to the Middle East from all across Europe.
There are four different sorts of FIBC bags, each with its own set of characteristics and appropriate application.
- Type A
Manufacturers use polypropylene and some non-conductive textiles to make Type A products. They work best for transporting non-flammable goods.
- Type B
This option is similar to the first one in that it contains polypropylene fabrics with non-conductive materials.
However, type B containers have limited breakdown voltage. They help prevent incidents of energetic and hazardous propagating brush shocks.
- Type C
Type C FIBCs come in polypropylene fabrics woven in a grid pattern. People use these containers to carry flammable powder and combustible dust.
- Type D
These bags are responsible for the same products as type C. However, their materials are static and antistatic dissipative fabrics that aim to prevent incendiary sparks.
>> Read More: How To Import Shoes From Vietnam In [hienthinam]?
Current Market Of Importing Jumbo Bags From Vietnam
Vietnam is not among the leading exporters of FIBCs. However, thanks to its expertise in textiles, this country is establishing its solid position in the industry.
Export value
In March 2020, Vietnam exported 5,720 pieces of FIBC bags to Australia, receiving $43,300. The country traded with South Korea in the same period, earning $3,960.
This record was about one month with the major importers of Vietnamese bulk bags. The values increased in the following periods significantly.
Vietnam targets developed countries, such as Australia, the USA, South Korea, France, and China. Due to the stable quality, its products have gained popularity over time.
Opportunities
Vietnam is among the most cost-effective destinations for manufacturing textiles while ensuring high standards.
This region is likely to be the biggest winner in the trade battle. Since the initial tariffs worked, companies have rushed there, resulting in substantial growth in demand and investment.
Furthermore, this nation has already established a free trade deal with the European Union.
That business relationship will promote unrestricted trade between Vietnamese companies and European Union customers.
The agreement also permits European traders and individuals to shop in this country with minimal restrictions.
Threats
The biggest competitor of Vietnam in terms of price and quality is China. Vietnamese manufacturers have worked on their production and marketing policy to boost their image. Then, they are ready to compete with any strong competitors.
How To Import Jumbo Bag From Vietnam?
Because of the multiple stages and extra paperwork, the shipping process in Vietnam may be complicated.
If this is your first time trading Vietnamese products, there are a few things to bear in mind.
Vietnamese regulations
Over 50 nations have signed trade agreements with Vietnam. Both participants decided to join into an ethically and legally binding partnership.
As a result, the first thing to do is ensure that your exporters and your company have been in any agreement.
The supplier
It is essential to examine this area and assess the production, warehousing, and distribution network before choosing a vendor.
It would help if you also browse the reviews of all of the providers you’re considering partnering with.
If possible, ask your colleagues or other businesses for suggestions about reliable manufacturers in your field.
Sales contract
The sales contract is the agreement between the exporter and importer. In contrast, both parties have to mention their requirements, such as payment or contacts, in detail.
If you want to simplify things, consider hiring an attorney to handle these tasks for you.
Shipping method
You have two options for transporting your goods: air freight and sea freight. Each choice has different advantages and disadvantages.
On the other hand, sea freight is a more common choice because Vietnam is an ocean-facing country. It may also assist you in reducing costs of transportation.
On the other hand, air freight is faster. You don’t have to wait for too long. However, expect higher costs when opting for this method.
>> See More: Import Safety Clothes From Vietnam – Current market and export process
Necessary documents
The customs agencies will ask you to submit some documents, including:
- Bill of lading
- Commercial invoice
- Contract
- Certificate of origin
- Form of customs export declaration
- Export permit
- Packing list
- Technical standard certificate
About Vncomex
Owing to the cumbersome shipment, importing goods from Vietnam is not simple. To avoid risks and solve your problems, you might contact a professional business.
So, why should you go with Vncomex?
We offer 24/7 services to earn a credible position by providing benefits to clients.
Our staff has a wealth of experience and is well-qualified. Additionally, we are trying to build our team of young, creative, and enthusiastic employees for the best service to our consumers.
Finally, the cost is not a big deal since we give you the most reasonable service with such high quality.
Conclusion
To import jumbo bag from Vietnam, you should first familiarize yourself with the country’s production process and delivery regulations.
Hopefully, we have satisfactorily helped with your investment plan. Contact us if you want to make your importing process easier. Thank you for reading!
