Paper is currently regarded as a product with one of the highest levels of consumption due to its wide range of applications for works, studies, etc. However, what is the current trend of modern methods for exporting printing papers, and what documents will be required for the exporting process? Let’s discover with Vietlinh Agrimex in the upcoming part of the article.
Overview of the paper market
According to statistics from the International Trade Center (ITC), the international demand for importing paper products of all kinds (HS 48, 53) is huge. In the period of 2016 – 2020, the worldwide demand for importing this product reached an average of 168 billion USD/year; in 2020 it only reached 162 billion USD, which decreased by 7.46% compared to 2019 but increased by 2.69% compared to 2016.
In the market structure of the world paper export market, Vietnam is ranked 26th. Although export turnover has continuously improved, Vietnam’s export of paper products to the world market generally accounts for only a particularly small proportion.
In 2016, total exports of all types of paper from Vietnam to the world market reached 555 million USD, then in 2020 it reached 1.42 billion USD, accounting for only 0.88% market share of the total trade turnover of all types of paper products worldwide. And the Asian market is still a key place for Vietnam’s paper exports with a proportion accounting for 70.6% of the total export turnover of the product classification. Among them, China, Taiwan, and Japan are the largest markets in Asia, and the next large markets comprise the US and ASEAN markets. In the near future, Vietnam’s paper products of all types are potentially considered to have many opportunities to promote exports to the world market, and to gradually increase market share.
Detailed instructions on procedures for exporting printing paper
When exporting any item, it is necessary to ensure complete customs documents.Hence, when exporting regular paper and printing papers, businesses need to grasp the following information, including:
Printing paper HS code
For printed paper products with HS code belongs to Chapter 48 – Paper and paperboard; Products made of pulp, paper or cardboard, specifying as:
Group 48.02: Uncoated paper and paperboard, of a kind used for printing, writing or other graphic purposes, and unperforated card-making and tape-making paper, in rolls or rectangular (including square) sheets, of any size, other than paper of heading 48.01 or 48.03; Paper and cardboard produced by handicrafts.
Group 48.02 includes many small HS codes that describe in detail each type of paper. Based on the actual exported goods, please compare and find the correct HS code for your item.
Paper export customs documents include:
The complete set of documents to help Vietnamese businesses bring products to the international market includes the following documents:
- Customs declaration
- Goods input documents (invoices, purchasing statements)
- Commercial Invoice
- Sales Contract (if any)
- Bill of Lading – Bill of lading
- Packing List
- And some documents may be required at the request of import partners:
- Certificate of Origin (C/O)
- Other related documents
Key notes when exporting printing papers
To ensure that the export of printing paper does not encounter difficulties throughout all import and export procedures, business owners should ensure their products have a certificate of origin (C/O). Although this type of paper is not required during customs clearance procedures for shipments, nevertheless acquiring this paper will help businesses to achieve the most preferential level of import tax rate.
For example, if exporting to Asean markets is form D (certificate of Origin Form D), the Chinese market uses form E, the US market uses form B,…
Instruction to apply for a certificate (C/O) including:
- Bill Of Lading, Invoice, Packing List, Customs Clearance Declaration
- Production norms and production processes
- Input of raw materials (input declaration, raw material purchase invoice, purchasing list…)
After completing your business documents, send them to the competent authorities and wait for the results.
Summary
Through this article, your companies will achieve a better understanding of paper export procedures. Any business that has difficulties or problems in the process of completing printing paper export procedures, please do not hesitate to choose Vietlinh Agrimex as your partner. With a team of experienced, trustworthy, and dedicated staff, we will bring the best solutions for your shipments. We are committed to delivering goods to our partners at the lowest cost and fastest time. Please contact Viet Linh to experience the best service.
- Address: LK07-C14 Ministry of National Defense, Bui Xuong Trach Street, Hoang Mai District, Hanoi, Vietnam
- Phone: +84 345 128 188
- Email: sales@vietlinhagrimex.vn
