Soybean is a food crop commonly grown in Vietnamese families. Unlike fruits, soybeans are food crops grown commercially. In this article, we will learn more about the topic: “import Soybean From Vietnam” through the article by Vncomex!
Now, let’s get right into the details!
Origin Of Vietnamese Soybeans
Soybean is the oldest cultivar to date, dating back to more than 5000 years, about 200 BC. The origin was in the land of Anzhou – China then relocated to Japan.
In Europe in the 17th century, soybean also appeared, becoming a valuable and popular crop. In the 20th century, pea plants were in large areas in the Americas.
Vietnam has a border area close to China, cultural exchanges and exchanges develop, so soybean varieties are also known and grown by the Vietnamese very early.
According to records dating back to the 13th century, soybeans began to be grown in the northern city and the northeastern region. Although the plant has been known for a long time, up to now, soybean still occupies a small position compared to other varieties in Vietnamese agricultural products.
The 6 main planned soybean growing areas in Vietnam are the Northeast region, the Northern Midlands and Mountains, the Red River Delta, the North Mekong River Delta, the Central Coastal Plain, and the Central Highlands.
>> Read More: How To Import Cabbage From Vietnam? Current Export Market & Shipment
The finished products have the main ingredients made from soybeans we often see: Tofu, soy sauce, soy milk, food oil, and confectionery.
According to reports from the health news site, soybeans contain high nutritional components, including the following substances:
As a fruit containing a lot of fat, an essential nutrient in maintaining health, it is not difficult to understand that this plant is always on the list of important foods. Each bean contains up to 38% protein depending on the plant, but they have produced fruits where protein can account for 45-50% through the research process.
The fat content in soybeans is 18%, which is the unsaturated fat and unsaturated fat, which many countries refer to as a “boneless meat” food source.
Vitamins and minerals
It is impossible not to mention the vitamins and nutrients that exist in soybeans: Vitamin K1, Phosphorus, Manganese, Folate, Copper, Thiamin, Molybdenum. These play an essential role in blood clotting, heart health, and women during pregnancy.
Soybean Export-Import Market Of Vietnam
Unlike other agricultural products, the soybean export market in Vietnam is not outstanding. According to the Department of Livestock Production statement, the demand for agricultural soybean products increases sharply.
Due to the unsatisfactory cultivation area, it only meets 8-10% of its consumption demand.
In 2007, the number of soybeans entering Vietnamese customs was 2.2 tons of oilseed meal (2.8 tons of seeds) with a value of 400-500 USD/ton, turnover reaching 1.5 billion USD, increasing 60-70% compared to the previous year. In 2015-2020, the supply and demand will not meet the deficit of 3.5-4 million tons/year.
Vietnam is a country that consumes a tremendous amount of soy milk, ranking third in the world after China and Thailand. More and more businesses invest in the dairy industry, so the demand for use increases, especially in order, from 400 million liters per year to 613 million liters per year in just 4 years 2010-2014.
In 2012, Vietnam imported 1.29 million tons of soybean production, up 26% compared to 2011. Of which, 45% of production came from Brazil, 36% from the US, 9.5% from Canada, the rest came from China and Uruguay.
The amount spent on the above food source is 776 million USD, a considerable increase of 41% in 2011. Experts predict the numbers may continue to increase, from 2013-2014 reaching 1.45 million tons – 1.55 million tons.
The average price of the product in 2012 was $606/ton, up 13% over the same period last year. The number will continue to increase if demand does not cool down.
Vietnam’s soybean market is highly potential, and this will be a practical investment if you know how to look. So to import soybeans, you can refer to the following processes.
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Shipping Process: Import Soybean From Vietnam
As with any product, when exporting to foreign countries, it is necessary to comply with strict safety procedures of both countries. Soybean is no exception.
When you want to export soybeans to Vietnam or import food from abroad, here are some procedures to follow:
- Step 1: Research and choose goods
- Step 2: Find yourself a suitable supplier
- Step 3: Calculate import and export costs
- Step 4: Complete the payment procedures, purchase methods, and ship goods
- Step 5: Buy and choose insurance for import and export goods
- Step 6: Apply for an import and export license
- Step 7: Plan to test and confirm product quality
- Step 8: Delivery and goods inspection.
The import-export process has to go through many steps; the exported product is not simply food for exchange. It also contains ingredients for consumers, so it is necessary to ensure absolute safety and available quality.
If you are concerned about the complicated regulations or rules above, we suggest that you find yourself a strategic partner to help you receive goods to make it easier.
Vncomex is a company specializing in transporting goods exchanged between two countries.
If you are interested in soybean products and are in the process of finding a suitable shipping unit, Vncomex is not the wrong choice for you.
Established with the desire to increase the value of Vietnamese agricultural products to the world, towards the connection in the business community. We are delighted to have become a long-term partner for everyone:
- Reasonable prices, transparent contracts, straightforward terms.
- We always use the most dedicated attitude to serve customers
- Constantly improving knowledge, improving professional capacity day by day to serve customers better.
- High reputation in the matter of supplying import and export products to partners.
The above article is the knowledge related to the product and how to import soybean from Vietnam. If you have any questions or concerns, you can feel free to ask our consultants, who will answer them as soon as possible. Sincerely, thank you!.