The process in how to import cardamom from Vietnam

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Vietnam is a farming country. Therefore, agricultural exports are one of Vietnam’s most significant advantages. Vietnam is also the EU’s 16th largest trading partner and ASEAN’s second-largest commercial partner. With so many foreign businessmen interested in Vietnam, Vncomex will show you how to import cardamom from Vietnam in the simplest way possible. Let’s analyze it in detail.

What is cardamon? Cardamon Market in Vietnam.

What is cardamon?

Cardamom is a spice that is made from the seeds of several ginger plants. Cardamom pods have a triangular cross-section and are spindle-shaped. Despite the fact that cardamom pods contain many seeds, the entire pod can be used whole or pulverized. The seeds are small and black, while the pods vary in size and color depending on the species.

How to import cardamom from Vietnam and information about this agricultural product
How to import cardamom from Vietnam and information about this agricultural product

Cardamom comes in two varieties: black and green cardamom, as well as white cardamom, which is a bleached variant of green cardamom. Green cardamom is most commonly used in Nordic and Middle Eastern cuisines, although Indian and Asian recipes will typically specify whether green or black cardamom is to be used.

True cardamom is green cardamom (Elettaria cardamom). This is the most frequent kind seen in the supermarket’s spice section. It’s the go-to ingredient for sweet meals, but it also works nicely in savory ones. White cardamom, the bleached form, has a milder flavor. India, Malaysia, and Costa Rica are among the countries that grow it.

The dark brown pods of black cardamom (Amomum subulatum) are larger than those of green cardamom. It has a smokey flavor that lends it to savory foods, but it’s also used in sweet dishes in southern India. It is grown in the Himalayan foothills in the east.

Cardamon Market in Vietnam.

If you wonder whether to import cardamom from Vietnam or not? Let’s find out the market for this product in Vietnam. Cardamom is one of the world’s best ancient spices. It is also known as the ‘Queen of spices’ because of its pleasant aroma and taste. Therefore, the Cardamom Market is projected to grow exponentially in the forecasted period owing to cardamom’s various phenomenal attributes and its variety of uses.

The report examines the Cardamom Market in-depth, including its growth and predictions. The study contains a worldwide and regional market analysis. The research looks at historical data from 2014 to 2017 and forecasts the market from 2019 to 2027 based on revenue. The research provides market value in billions of dollars from 2014 to 2027, as well as the compound annual growth rate (CAGR) in percent from 2019 to 2027. Between 2019 and 2027, the market is likely to remain stable.

The cardamom market in Vietnam is beneficial to import cardamom from Vietnam
The cardamom market in Vietnam is beneficial to import cardamom from Vietnam

Vietnam sold 14 tonnes of cardamom in 2019. The interest in Vietnam cardamom (herbs and spices category) has been reasonably consistent in 2019, changing by 0% compared to the previous year. Cardamom exports decreased by -84.78 percent between 2017 and 2019, netting the country US$0.28 million in 2019.

In 2022, the price of Vietnam Cardamom is expected to vary between US$ 20 and US$ 15.36 per kilogram, or US$ 9.07 and US$ 6.97 per pound (lb). The price per kilogram in Dong is VND 500000. In Ho Chi Minh City and Hanoi, the average price for a tonne is US$ 20000.

The process of the import cardamom from Vietnam

Importers and exporters of cardamom must submit a dossier of documents to the customs authorities, which must contain at least the company’s business registration certificate and the import/export business code registration certificate. Authorities may seek the following supplementary documentation on how to export and import cardamom from Vietnam:

Required documents from exporters

The following documentation are required for exporting cardamom:

  • Bill of lading;

  • Contract;

  • Certificate of origin;

  • Commercial invoice;

  • Form for customs declaration of export;

  • Export Permit;

  • Packing list;

  • Technical specification/health certification;

  • Electronic Customs Declaration for Export (E-Form HQ/2015/XK);

The process of the import cardamom from Vietnam
The process of the import cardamom from Vietnam

Priority customs treatments

Priority treatment is available for individuals wanting to lower their customs compliance costs in Vietnam. Companies that qualify for this program will be eligible for a variety of rewards, including:

  • Exemption from additional customs documentation examination;

  • Physical examination is not required of cardamom.

  • It is possible to submit incomplete customs declarations. It should be reminded that customs declarants must submit complete customs declarations within 30 days after the date of registration of partial customs declarations or the submission of documented proof in lieu of customs declarations.

  • Prioritized access to fulfill tax procedures for products that are in compliance with tax laws.

Required documents from importers

The following documentation are required for importing cardamom:

  • Commercial invoice;

  • Form for declaring imports to customs;

  • Inspection report;

  • Packing list;

  • Order for Delivery (for goods imported through seaports);

  • Bill of lading;

  • Import goods declaration form;

  • Permit to Import (for restricted goods);

  • Certificate of origin;

  • Cargo release order;

  • Terminal handling receipts;

  • Technical specification/health certification

Benefits of choosing Vncomex

Vncomex has many years of experience in offering agricultural commodity import services from Vietnam.

We have a team of knowledgeable employees that are always ready to provide you with the most up-to-date products and services.

The following are issues that Vncomex would like to commit to its customers:

  • Always available: Our staff is ready 24 hours a day, 7 days a week to respond to any of your questions and concerns in a timely and thorough manner.

  • Save time: To avoid wasting your time, we always offer plain and practical advice. Our knowledgeable staff works tirelessly to provide you with the best service possible.

  • Price: We take pleasure in offering high-quality service at a reasonable cost. As a result, any customer can use our services.

  • Service that is professional, respected, and effective: Our knowledgeable and devoted staff is always ready to assist you in any way they can. Furthermore, our personnel will make you feel confident in your decision to work with us.

Import cardamom with us
Import cardamom with us

All you want to import cardamom from Vietnam, please get in touch with us via:

  • Website: https://vncomex.com/

  • Email: contact.vncomex@gmail.com

  • Tel: (+84) 24 66 88 96 65

Conclusion

The cardamom market is very developed in the world and in Vietnam through the above statistics. Therefore, the analysis has provided detailed information on the import and export procedures of cardamom from Vietnam. Hopefully, this will be a useful document for importers interested in this item. Please contact us if you want to import cardamom from Vietnam.

Thanks for reading!



source https://vncomex.com/import-cardamom-from-vietnam/

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