Have you ever thought about how exporting from Vietnam into Australia may help your business? Vietnam has experienced significant economic growth in the last 20 or 30 years and has been a member of the World Trade Organization (WTO) since 2007. It has significant long-term potential for foreign traders, partly thanks to its skilled workforce and entrepreneurial spirit – but for many other reasons too. There are hundreds of Australian companies currently bringing Vietnamese goods into this country, many of them using freight forwarding companies such as TSL.
Trade Between Australia And Vietnam
Australia imported AU$4.8 billion worth of goods from Vietnam in 2016-7. Our major imports from Vietnam include goods telecommunications equipment, footwear, monitors/projectors/TVs and furniture/mattresses/cushions. You can find out more about Australia’s trading relationship with Vietnam in this report by Australia’s Department of Foreign Affairs and Trade. You can also get you can get more information about Vietnam’s market profile from the Australian Trade and Investment Commission (Austrade).
Sea Freight From Vietnam
Are you wanting to transport your goods into Australia using the cheapest method possible? Transporting consignments as sea freight from Vietnam is the best-value way of transferring goods the 5,200km or so between Australia and this Southeast Asian nation. Sea cargo typically takes between 20 and 30 days to reach Australia from Vietnam and is ideal if the items you’re exporting from Vietnam are heavy or bulky.
Air Freight From Vietnam
Shipping goods on an aeroplane is, of course, much quicker than sending them with sea freight from Vietnam, and typically takes between one and six days. It is, however, more expensive than sending the goods via the ocean. The total time taken will depend on a number of factors, such as where your pick-up and delivery points are, and how much inland transportation is required in each country.
Import Customs From Vietnam
The ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA) has provided huge opportunities for exporting from Vietnam to Australia. This economic partnership has eliminated many import tariffs, making import customs from Vietnam much more manageable for all businesses, particularly smaller ones.
So What Export Tariff Will I Pay On My Goods?
To discover what to expect in terms of import customs from Vietnam to Australia, you can use the Australian Government’s Free Trade Agreement Portal. With this handy tool, all you need to do is enter your item into a search engine, along with the planned country of import and export. You’ll then be shown a list, enabling you to select a category for your item. You will then discover your item’s HS code, and the import tariff you will pay when your goods arrive into Australia, along with information about application of any free trade agreements. As you will see, most items have had their tariffs removed thanks to the AANZFTA
A Bit About TSL…
Freight forwarding is the foundation of TSL’s business and the area in which we excel. We are here to help with exports and imports, transportation by sea, air and road, customs clearance, warehousing and anything else you may need.
Can TSL Help With…
- …Packing? Yes!
- …Distribution? Yes!
- …Inland transport? Yes!
- …Imports? Yes!
- …Exports? Yes!
- …First-time customer care? Yes!
- …Customs brokerage? Yes!
- …Storage? Yes!
- …Freight forwarding? Yes!
- …Third-party logistics? Yes!