As one of the world’s top coffee exporters, Vietnam plays a significant role in the global coffee industry. For those considering entering the coffee export business in Vietnam, it’s crucial to understand the export procedures and taxes. This comprehensive guide aims to provide valuable insights into the Vietnam Coffee Export Tax Guide, Understanding Taxes for Coffee Export in Vietnam, and the Coffee Business Tax in Vietnam.
The Harmonized System (HS) code is a crucial aspect of international trade, providing a common language for classifying products. In Vietnam, the HS code for coffee is essential for customs declaration and determining the appropriate duties, policies, and procedures for the commodity.
Coffee in Vietnam falls under Chapter 9: Coffee, tea, Paraguay tea, and spices. Here are the specific HS codes for coffee and the corresponding export duty:
The classification of a product to a certain HS code is based on the nature, composition, and other factors of the actual exported commodity at the time of export. This is determined based on the catalog, technical documents (if any), or decided by the Customs Department of Commodity Verification. The actual inspection results of the Customs and the announcement by the Customs Department of Commodity Verification are the legal basis for applying the HS code to exported goods. Exporters are ultimately responsible for ensuring that the products are correctly classified.
Our above-advised HS codes are for reference only. For more information about this content, please refer to the article “Definition of HS code in Vietnam”. For more information on prohibited exports from Vietnam, read the article “List of prohibited exports from Vietnam”.
>> Read more: Top Coffee Exporters in Vietnam 2022: A List Approved by the Ministry of Industry and Trade
When exporting coffee from Vietnam, it’s important to understand the different types of taxes and fees involved. Here’s a brief breakdown:
For commodities with a tariff more than 0%, it’s worth noting that cargo exports to EU, UK, or members of CPTPP can enjoy special preferential export duty under such Free Trade Agreements (FTAs).
>> Read more: A Comprehensive Guide to Import Coffee from Vietnam
The government plays a vital role in the coffee export process in Vietnam. Here’s a brief overview:
For unprocessed coffee products, before carrying out export procedures, the exporter should check if the importing country requires service & fumigation inspection. If the international goods sale and purchase contract requires inspection, enterprises carry out epidemic inspection procedures. If the sales contract does not require quarantine for the shipment, enterprises carry out procedures for exporting goods according to current regulations.
For countries that require an epidemic check for the export of goods, the General Department of Customs updates the list of countries with inspection requirements. Vietnam, a member of the International Plant Protection Convention (IPPC) and the World Trade Organization (WTO), stipulates that shipments subject to actual quarantine must be inspected and have a certificate of inspection.
Vietnam has signed cooperation associations on protection and fact checking with several countries. All consignments subject to quarantine moving from the other contracting territory must be inspected and accompanied by a certificate of quarantine of the exporting country’s family.
For processed coffee products, before completing export procedures, exporters should check whether the importing country requires food hygiene/safety/quality inspection for this item.
When exporting coffee from Vietnam, a specific set of documents, known as the customs dossier, is required. This typically includes:
>> Read more: Complete Guide to Customs Procedures for Importing and Exporting Vietnamese Coffee
In this section, we will compare the coffee export procedures and taxes of Vietnam with those of the top five coffee-exporting countries in the world. Here’s a brief comparison:
Freshdi.com's guide provides you with all the detailed information about the Vietnamese coffee industry, covering various topics from the import market and popular coffee varieties to price trends, finding exporters, and necessary considerations when exporting coffee from Vietnam. This guide helps you understand the Vietnamese coffee market, helping you succeed in trading with coffee suppliers in Vietnam.
Chapter 1: Comprehensive Overview of Vietnam’s Coffee Market Embark on a journey through Vietnam’s coffee export market, understanding its position, target markets, coffee types, cultivation areas, and more.
Chapter 2: Certified Vietnam Coffee Exporters List accredited by the Ministry of Industry and Trade - October 2023 Explore the list of coffee exporting enterprises that met the export conditions in 2022, as announced by the Ministry of Industry and Trade.
Chapter 3: Vietnam’s Top 10 Coffee Exporters (9 months 2022) Discover the top 10 coffee exporters in Vietnam, updated as of September 2022, and learn about their contributions to the global coffee industry.
Chapter 4: Top Vietnamese Coffee Suppliers: A Comprehensive Guide 2023 Uncover the leading Vietnamese coffee suppliers in our comprehensive guide, from sourcing to understanding the supply chain.
Chapter 5: How to Import Coffee from Vietnam: A Step-by-Step Process Learn how to import coffee from Vietnam, covering market conditions, coffee types, and the import process.
Chapter 6: How to Find Coffee Bean Suppliers in Vietnam Follow our step-by-step guide on how to find and connect with reliable coffee exporters in Vietnam for successful trade.
Chapter 7: Complete Guide to Customs Procedures for Importing and Exporting Vietnamese Coffee Navigate through the customs procedures for importing and exporting Vietnamese coffee, understanding the conditions, necessary documents, and more.
Chapter 8: Comprehensive Guide to Procedures and Taxes for Coffee Export from Vietnam Explore Vietnam’s coffee export procedures, taxes, and compare with other top coffee-exporting countries.
Chapter 9: Vietnam Rice Export: Top Types Of Coffee Exported Abroad Explore the various coffee bean types exported from Vietnam and learn how to choose the right one for your needs.
Chapter 10: Forecast for Vietnam’s 2024 Coffee Exports Get a glimpse of the future with a forecast for Vietnam’s coffee exports in 2024, including coffee prices and the potential impact on the global coffee market.
This guide provides a comprehensive understanding of the Vietnamese coffee market, from suppliers to exporters, and from import processes to future forecasts. It serves as a valuable resource for anyone interested in the Vietnamese coffee industry.
In conclusion, Vietnam plays a significant role as one of the world’s top coffee exporters. Understanding the export procedures, taxes, and governmental regulations is crucial for anyone considering entering the coffee export business in Vietnam. With efficient export procedures and competitive export taxes, Vietnam offers promising opportunities for coffee exporters. Moreover, the country’s participation in international conventions and cooperation with other countries further facilitates the export process. As the global demand for coffee continues to grow, Vietnam’s coffee industry is well-positioned to thrive in the international market.