Vietnam has experienced a dramatic increase in exporting paper products. Many foreign traders find this market potential due to its cheap labor and abundant resources.
So how to import paper cups from Vietnam? Let’s follow our post to get more information!
These items are popular these days, especially after the COVID-19 virus broke out. So, where do the cups come from? How to manufacture them?
Although some people believe that Imperial China invented cups, their actual origins are still unclear.
We can only be sure that they became famous in 1900 when people realized that sharing the same ladle meant spreading bacteria.
Lawrence Luellen, a lawyer, invented the “Health Kup” in 1907. Due to worries about shared-use mugs, Lawrence did it to improve public hygiene and health.
During the 1918 influenza outbreak in the USA, these cups were increasingly popular to prevent infection.
The cup has two parts: the paper (which constitutes 80% of the product) and the coating.
People often use the FSC standard to classify the product. Then, we will have two main types of paper cups:
- Items without FSC approval
Paper for these products may come from forests all over the world, including the Amazon. Forests that meet FSC requirements but do not get the certification can also be the sources.
- FSC-certificated items
When a product claims to be FSC approved, it means that the entire manufacturing process takes place based on the FSC rules.
Companies that want to produce FSC items must adhere to the organization’s regulations.
>> See More: How To Import A4 Paper From Vietnam In 2023?
Current Market Of Importing Vietnamese Paper Cups
In Vietnam, the paper industry has contributed significantly to the development of the economy, supporting manufacturing industries.
Total export value
According to the Vietnam Pulp and Paper Association, in the first two months of 2020, paper production reached 687,570 tons, increasing 11.8% compared to the same period in 2019.
The total consumption of all sections of paper production reached 837,855 tons, up 9.8%. The imports reached 327,474 tons, up 11.9%. Meanwhile, the export value was 167,684 tons, increasing 26.3%.
The price of domestically produced paper in February 2020 was basically unchanged compared to the previous month.
The exports of these products in July 2021 might total $130, down 12% from June 2021 but up 4.6% from the same month last year.
The export value will reach $920 million in the first seven months of 2021, up 14.1% from the same time in 2020.
According to the General Department of Customs, the export of these goods was $136.7 million in June 2021, increasing 6.6% from May 2021 and 29.6% from June 2020.
With a total turnover of $185.2 million in the first six months of 2021, the United States became the top export market for Vietnamese paper products.
Many countries, especially the developed ones, have traded these paper cups and highly appreciated them. Hence, the trade value has remained stable over the years.
Here are some of Vietnam’s significant importers in this sector and the export values recorded in 2019.
|Importer||Trade value ($1,000)||Quantity (1,000 kg)|
How To Import Paper Cups From Vietnam?
The whole shipping process in Vietnam is not too complex. However, you should prepare carefully and be aware of what you have to do.
In general, the shipment involves these steps:
- Quantity and volume certification
- Specification agreement
- Customs clearance
Customs agents must get the required documents for export goods from the trading company. They will ask you to submit the following papers:
- Declaration form
- Bill of lading
- Commercial invoice
- Packing list
- Certificate of origin
- Export permit
- Terminal handling receipts
- Sales contract
- Technical and health certificate
The export procedures are simpler, and you can finish them on the same day. On the other hand, import operations can take anywhere from one to three days. The time varies depending on the cargo size.
To cut down on customs charges, traders can request priority customs clearance.
Qualified firms that get priority service are eligible for a variety of benefits, including cheaper customs fees and faster clearance times.
Moreover, you can also have your goods approved without handing in all the required documents with the priority treatment. However, make sure that you note it within 30 days of the transportation date.
It’s essential to seek guidance from a reliable firm with extensive qualifications and expertise in Vietnamese exports and imports. Then you won’t have to deal with the arduous process.
>> Read More: Import Carton Box From Vietnam – Introducing the whole shipping process
You have two options for shipping goods from this country: air freight and sea freight.
The air freight is faster. However, expect to pay a higher fee for this method.
The sea freight is cheaper yet slower. Foreign traders often choose this option since it’s more common in Vietnam.
Importing products from this country is not simple. It would be great to partner with a reliable and reputable company to reduce the risks and delays.
So why should you go with Vncomex?
- Our company is proud to be the leading import and export business in Vietnam.
- We’ve spent years establishing a solid reputation in the industry by offering quick, professional, and excellent customer service.
- Our high-qualified staff is working diligently to assist our customers 24/7.
- Our team of young, enthusiastic, and talented employees is always eager to support you with the most sincere attitude.
- We offer the most cost-effective solution.
Hopefully, you will find this guide helpful. If you want to import paper cups from Vietnam and simplify the process, do not hesitate to contact us.
For any further information, please feel free to ask. You can leave a comment below. We will reply as soon as possible.
Thank you for reading!