EXPORTING RUBBER FROM VIETNAM TO INDIA

EXPORTING RUBBER FROM VIETNAM TO INDIA

Vietnam was India’s fourth largest supplier of rubber during the first three quarters of this year, according to the Ministry of Industry and Trade’s Agency of Foreign Trade.

Rubber originating from Vietnam accounted for around 8 percent of India’s imports, up from 7.7 percent one year ago, data from India’s Ministry of Commerce and Industry shows. 

When it comes to natural rubber, Vietnam ranked second among exporters to India, accounting for 19 percent of the market share, compared to 17.3 percent in the same period last year. From January to September, Vietnam shipped to the Indian market some 67,870 tonnes of natural rubber for over 129.2 million USD, up 44.8 percent in volume and 89.6 percent in value. Here are some major rubber exporters in VietNam: Van Loi Company Limited, Binh Phuoc General Import – Export, Lien Anh Production Rubber Co., Ltd, Tien Thanh Limited Company, Thuan Loi Rubber Company Limited,…

  1. Export procedure of rubber from VietNam to India

According to the current regulation, Rubber is not in the List of prohibited Exports from Vietnam to India, so the enterprise can do the export procedure pursuant to current stipulations. Rubber is not subject to specialized management.

  • Hs code: Chapter 40: Rubber and articles thereof

HS Code

Describe

4016

Other articles of vulcanized rubber other than hard rubber.

40169999

– – – – Other

  • Customs duties on exporting rubber in VietNam

VAT on exporting Rubber band: pursuant to current stipulations, VAT on this exported commodity is 5%

Export duty: Rubber is not in Vietnam’s nomenclature of taxable exports, therefore, the exporters do not have to pay export tax.

  • Documentation for exporting rubber
  • Commercial Invoice
  • Packing List 
  • Bill of Lading 
  • Phytosanitary Certificate 
  • Fumigation Certificate 
  • Certificate of Origin 

2. Delivery of rubber from VietNam to India

–          By Air Freight

Air freight from India to Vietnam is significantly faster than ocean shipping, with consignments typically taking from 2- 4 days to reach their destination. It should be noted that air freight is more expensive than shipping by sea, especially for consignments weighing 100kg or more.

SM Global provide air service from Vietnam to India for some routes as below:

HAN/SGN – DEL (Noibai / Tan Son Nhat – Delhi)

HAN/SGN – BOM (Noibai / Tan Son Nhat – Mumbai)

HAN/SGN – MAA (Noibai / Tan Son Nhat – Chennai)

HAN/SGN – BLR (Noibai / Tan Son Nhat – Bangalore)

HAN/SGN – COK (Noibai / Tan Son Nhat – Kochi)

HAN/SGN – CCU (Noibai / Tan Son Nhat – Kolkata)

 –          By sea freight

Shipment by sea is suitable for heavy items with big volumes and its shipping time is slower compared to transportation by air, however, the sea freight is cheaper as well. Normally, the transit time from VietNam to India is about 15 – 40 days, depending on ship service being direct or transit. There are many ocean lines that provide this route such as: MCC, MSC, YML,OOCL, COSCO, WANHAI, CMA CGM, MOL, HAPAG LLOYD.

  •       FCL (Full container load) Transportation of full containers (Usually there are 3 main types of containers: 20 DC, 40DC, 40HC).

○        Our staff will help you to advise the type of container that is suitable for the type of goods you intend to transport.

○       Documentation staff department will help you to advise on which documents to prepare before exporting or importing based on type of goods and the size of goods.

○       Deals to have the price and keeping space before confirming with you. Ensure the schedule is notified to customers, except for delays due to weather, machinery of the shipping company…

○       Update daily shipment information for you to follow

  •       LCL (Less than container load), the LCL is preferred by air freight, however if you want to save cost and time is not an issue, sea freight is still the right solution which is suitable for small amounts of goods.

3. Why choosing SM Vietnam Global Logistics for delivery cargo

–          We have many year experience for exporting shipment

SM Global Logistics is known as one of the leading freight forwarding companies in Vietnam, providing ocean freight, air freight for export- import cargo service, customs clearance and local trucking. We can handle all terms, including DDP until final destination. Until now, we have 4 branches in Vietnam and a network of agents all over the world to ensure handling shipment for many routes and types of commodities.

–          SM global Logistics have good relationship with vendor and lines

SMG has our own trucking team with a big volume of trucks and we are able to arrange special vehicles for all kinds of cargo. Besides, we have contracts with many lines: MCC, MSC, YML,OOCL, COSCO, WANHAI, CMA CGM …so SM Global is confident with competitive rates

–          We always bring the best customer service, ready for 24/7

We are always ready to answer, solve problems related to shipment in order to provide the best service. With the spirit of international working, we not only work according to the Vietnamese time zone, but also have someone on duty to ensure that we do not miss any of our customers’ needs. We believe good service will be what keeps customers more than anything.

–          SM Global’s strength is exporting cargo from Vietnam to India

We had experience in handling India shipment, and India shipment accounting for around 25% total volume cargo (data 2021), with a big volume, we got competitive ocean freight and other service also.

  •   The main commodity: Electric components, steel and iron, rubber, fruits, plastics,…
  •   Volume per month: From 30- 40 containers (20 DC & 40HC)
  •     Port of loading: Ho Chi Minh port, Hai Phong port, Da Nang Port, Qui Nhon port
  •     Port of discharge: Chennai, Mundra, Nhava Sheva, Pipavav,…

 

 

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Do you need carry your goods from Vietnam to another countries or vice versa ? Make it easy to contact us.

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