Natural wood furniture is always appreciated for its luxurious and cozy look. Therefore, products made from wood are always preferred and chosen by many customers.
There are many types of natural wood for furniture lovers, such as oval peach, walnut, or red oak. And of course, it is impossible not to mention Teak wood, especially Vietnamese Teak, one of the choices of homeowners.
How to import Teak wood from Vietnam? It’s time to dig into this article to learn more about international freight! Let’s check it out!
The Origin Teak wood from Vietnam
The scientific name of Teak is Tectona Grandis. It is a type of wood that belongs to the deciduous tree family. Its base is usually grooved and brawny.
It is about 30 m tall and has a diameter of about 60 to 80 cm. Its outer bark is yellow-gray, longitudinally fissured into small, long, narrow scales. The flesh is fibrous.
Young branches come with star-shaped hairs with a rust color. Leaves are ovate inverted and nearly round. The flowers are large, club-shaped, and grow in pairs.
This is a plant that grows quickly. The tree can grow up to 13cm tall and 10cm in diameter after only five years of planting.
After 20 years, the tree might reach a height of 21 meters and a diameter of 23 centimeters. The tree’s growth rate will slow down after this period. A teak tree has an average lifespan of roughly 80 years.
The plant is native to Thailand, Myanmar, and India. Now it has been imported into Vietnam, Laos, Cambodia, and many other countries worldwide.
It has become a fairly common plant species in many provinces in Vietnam. The plant prefers a tropical monsoon climate and has poor cold tolerance.
This tree is an entirely light-loving plant. Even when young, it regenerates buds and seeds well. It is tolerant of wildfires and is less susceptible to pests and diseases.
Flowers bloom around May – June or July – August. Fruit season usually falls in November – December or December – January.
Teak wood is most typically classified according to its origin. The following are the most common types of Teak available on the market today:
- Grandis F.Canescens
- Grandis F.Pilosula
- Grandis F.Punctata
- Grandis F.Tomenralla
It is adaptive and versatile for a wide range of applications. Here are a few of the wood’s most notable advantages:
>> See More: How To Import Household Wood From Vietnam? A Straightforward Guide
Vietnamese Teak Wood Exporting Current Market
Teak belongs to the wood and other wood products sector. After hitting a high of US$14.8 billion by the end of 2021, an increase of 19.7%, Vietnam’s exports of these commodities are expected to climb by more than 20% this year.
According to statistics from the General Department of Customs, Vietnam’s exports of these products in December 2021 reached US$1.43 billion, up 12.4% over the previous month and 6.84% higher than December 2020.
In the whole year of 2021, exports reached US$14.8 billion, increasing 19.7% compared to 2020, of which wood product exports gained US$11.07 billion, up 16.1% compared to 2020.
Export turnover of FDI enterprises earned US$7.464 billion, up 22.24% compared to 2020 and high compared to 19.7% of the whole industry, accounting for 50.4% of the total export turnover of the entire industry.
In 2021, the value of these commodities exported to the Americas achieved US$ 9.3 billion, rising 22.2 % over 2020, with shipments to the US solely reaching US$ 8.77 billion, up 22.4 %, accounting for 59.24 % export turnover, outpacing the overall industry’s growth rate.
The Asian market came in second with US$4.4 billion, increasing 16%, and Europe came in third with US$910 million, rising 18.6 % over 2020.
Furniture is the leading export group in the structure of these products exported in 2021. The proportion of exports decreased slightly in 2021, but the export value reached US$9.99 billion, up 16.1% over 2020.
Wooden furniture is a commodity that needs to be focused on to boost exports because this is a group of goods that bring high added value to the wood industry. Followed by boards and flooring products reached US$2 billion, up 53% compared to 2020.
>> Read More: Import Household Wood From Vietnam and Potential Production Market
Import Teak Wood From Vietnam: Shipping Process
Typically, a shipment of wood and wood products, including Teak, when exported, needs the following stages:
Step 1: Prepare documents and carry out procedures to have documents related to forest products.
- The original or an electronic copy of the CITES permit (if the goods are in the CITES Appendix)
- The original or electronic copy of the FLEGT license (if exporting to the EU)
- The original list of exported timber made by the timber owner, if the timber owner is a Group I enterprise
- The original list of exported timber prepared by the timber owner, certified by the Department of Forestry (if the timber owner is not a Group I enterprise)
Step 2: Fumigation/quarantine and shipment to port
Step 3: Completing other export documents
Step 4: Customs clearance of declarations
Step 5: Distribute products
Are you looking for a reliable and reputable import-export firm to import Teak from Vietnam? Look no further than Vncomex.
For the following reasons, we hope to attract your attention and have the opportunity to become your partner, dedicated consultant, and carrier:
- We can assist you in calculating a total cost estimate that includes taxes, complete shipment (international and domestic), customs services, and licenses.
- We not only have the knowledge and expertise to freight nationally and globally, but we also excel at customs clearance.
- We uphold the most excellent professional ethics, honesty, and devotion in the spirit of professional service, always putting customers’ requirements ahead.
The Bottom Line
That’s all about essential information you should know before you decide to import Teak wood from Vietnam. All in all, international shipment and customs procedures might be challenging if you negotiate yourself.
That’s why we are here to offer the best service for you. We hope to work with you soon! Thanks for reading!