Freight Shipping between Vietnam and Sri Lanka

Ever tried to swim from Vietnam to Sri Lanka with a package? We wouldn't recommend trying it! If the challenge of understanding rates, transit times, and customs regulations has you feeling as drenched as our metaphorical swimmer, our comprehensive destination guide could be the lifesaver you've been looking for.

We'll plunge into the details of different types of freight options available for trade between Vietnam and Sri Lanka, explain the murky waters of customs clearance, duties, taxes, and offer expert advice for businesses looking to make successful shipments between these two countries.

If the process still feels overwhelming, let FNM Vietnam handle it for you! We are an international freight forwarder taking care of every step in your shipping process, turning potential hurdles into victories to fuel your business growth.

Sea freight between Vietnam and Sri Lanka

If you're eyeing the bustling trade relationship between Vietnam and Sri Lanka, you're standing at the edge of a vast sea of opportunity. The ship trade route between Ho Chi Minh in Vietnam and Colombo in Sri Lanka serves as lifeline for businesses, connecting two key industrial epicenters. Picture this route as a steadily flowing river, where high-volume goods transit to their destination. The process may appear slow, like a gentle current, but it's incredibly cost-effective, making ocean shipping the preferred mode for many.

However, sailing in these waters isn't always smooth and many businesses find themselves in choppy seas, grappling with complex shipping procedures and technical nuances. It's a bit like struggling to capture a slippery fish barehanded. There are specific best practices and guidelines that serve as safety buoys, making your shipping journey smoother. Stay aboard as in this section, we'll get you ship-shape with all the essentials you need to maximize business potential and minimize margin for error.

Main shipping ports in Vietnam

Port of Saigon

Location and Volume: Situated in Ho Chi Minh City, Port of Saigon is the busiest port in Vietnam. It handles over 8 million TEUs annually.

Key Trading Partners and Strategic Importance: Being at the mouth of the Saigon River makes it a strategic export gateway to key markets such as the U.S., China, and Europe.

Context for Businesses: Given its position as the most active port, the Port of Saigon can effectively contribute to your supply chain strategy if you're planning to expand into the dynamic South-east Asian markets.

Port of Hai Phong

Location and Volume: Located in the northern city of Hai Phong, this port handles about 1.1 million TEUs annually.

Key Trading Partners and Strategic Importance: The Port of Hai Phong plays a crucial role in trade with China given its close proximity, serving as a primary import and export gateway.

Context for Businesses: If your business involves frequent trade with China or you need to access the northern Vietnamese markets efficiently, incorporating the Port of Hai Phong in your logistics strategy is an optimal choice.

Port of Da Nang

Location and Volume: Located on the coast of the South China Sea, this port moves approximately 800 000 TEUs annually.

Key Trading Partners and Strategic Importance: With its prime location, it serves as a strategic link between the Indian Ocean and the Pacific Ocean.

Context for Businesses: The Port of Da Nang is an optimal choice for your supply chain if you're seeking efficient transport of goods through the South China Sea, particularly between Indian and Pacific markets.

Port of Quy Nhon

Location and Volume: Situated in Binh Dinh Province, this mid-sized port handles around 100 000 per year.

Key Trading Partners and Strategic Importance: The port's strategic importance lies in its convenient connections to regional markets in Cambodia and Laos.

Context for Businesses: The Port of Quy Nhon is crucial if your logistics strategy involves transporting goods to or from Cambodia and Laos, thanks to its seamless overland connections.

Port of Vung Tau

Location and Volume: Located in the southernmost part of Vietnam, this port moves over 80 million tons of cargo annually.

Key Trading Partners and Strategic Importance: This is Vietnam's leading port for petroleum products, making it crucial to the global energy sector.

Context for Businesses: If your business operates within the energy sector or needs to transport heavy goods, the Port of Vung Tau, due to its strong infrastructure, will be essential in your logistics planning.

Port of Cam Ranh

Location and Volume: Situated in Khanh Hoa Province, this military-turned-commercial port handles an estimated 6 million tons of goods each year.

Key Trading Partners and Strategic Importance: Thanks to its military background, it is well-equipped to handle heavier cargo and military equipment.

Context for Businesses: If your business involves dealing with heavy-duty goods or military equipment, the Port of Cam Ranh, with its excellent facilities, is a wise addition to your supply chain.

Main shipping ports in Sri Lanka

Port of Colombo

Location and Volume: Situated in the biggest city of Sri Lanka, the port of Colombo is strategically located between the East and West major global shipping lanes. With a shipping volume exceeding 7 million TEU, it's amongst the busiest container ports worldwide.

Key Trading Partners and Strategic Importance: Some principal trading partners include India, the United Arab Emirates, China, and Singapore. Its strategic position makes it a major hub for transshipment in South Asia, notably servicing India's cargo.

Context for Businesses: If you're aiming to fortify your presence in the South Asian markets, particularly India, incorporating the Port of Colombo into your shipping logistics could facilitate seamless connectivity due to its substantial transshipment volume and strategic location.

Port of Hambantota

Location and Volume: Positioned on Sri Lanka's southern coast, the Port of Hambantota is a deep-sea port boasting a shipping volume of around 1.2 million TEU.

Key Trading Partners and Strategic Importance: Key trading partners comprise China, Japan, and Australia among others. With comprehensive ship servicing capabilities, the port plays a vital role in the Belt and Road Initiative, a key global trade strategy by China.

Context for Businesses: If you're exploring to entrench into markets along the Belt and Road Initiative route, the Port of Hambantota is worth considering. It's modern-state-of-art facilities and efficient serviceability uphold a smooth cargo flow to and from these markets.

Port of Galle

Location and Volume: Found on the southwestern coast of Sri Lanka, it's a crucial maritime hub with a shipping volume of around 170,000 TEU.

Key Trading Partners and Strategic Importance: Main trading partners embody countries such as India, Maldives, and Malaysia. Exploiting its proximity to international sea routes, it performs a vital function in regional maritime rescue and salvage missions.

Context for Businesses: If your company is inclined towards maritime services or catering to the needs of vessels, the Port of Galle's noteworthy maritime operations and rescue and salvage services could complement your service offerings.

Should I choose FCL or LCL when shipping between Vietnam and Sri Lanka?

Making a swift decision between Full Container Load (FCL) and Less than Container Load (LCL) or consolidation, when shipping goods between Vietnam and Sri Lanka via sea freight, can be a business-critical choice. This technique influences core aspects such as cost, delivery time, and the overall flow of your shipping process.

Our clear comparison can help guide you to the most efficient choice for your specific needs, leading to optimal outcomes. Explore with us, as we dissect these two primary sea freight options, empowering you to map out a tailored freight forwarding strategy.

LCL: Less than Container Load

Definition: LCL (Less than Container Load) shipment is an efficient way to ship smaller volumes of goods. Instead of hiring a full container, your cargo shares space with other consignments in one container.

When to Use: LCL shipping is flexible and budget-friendly for low volume shipping. It is an excellent choice when your cargo size is less than 13/14/15 CBM (cubic meters).

Example: For instance, a Vietnam-based handicraft company wants to ship 10 CBM of products to Sri Lanka. Since their cargo does not fill a full container, they could choose LCL shipment for a more cost-effective and flexible solution.

Cost Implications: With LCL, you pay only for the space your cargo occupies, which can be significantly less than the cost of a full container. However, bear in mind that LCL freight may include additional handling charges due to the consolidation and deconsolidation of your items, which could add to the overall cost.

FCL: Full Container Load

Definition: FCL or Full Container Load refers to an exclusive container (20'ft or 40'ft) used in shipping goods from one point to another. This means your FCL container is solely dedicated to your cargo.

When to Use: FCL shipping is particularly economical and safer for large-volume shipments. Consider getting a FCL shipping quote if your cargo volume is more than 13/14/15 cubic meters (CBM). With FCL, your cargo remains sealed within the same container from the point of origin in Vietnam to the destination in Sri Lanka, enhancing the security of your freight.

Example: Let's say you're shipping furniture that fills up more than half of a 20'ft container. If you opt for FCL, you'll not only save costs but also ensure that your furniture is safe, undisturbed, and delivered in the original condition.

Cost Implications: The cost of an FCL might be higher than Less than Container Load (LCL) considering container rental charges, but it becomes cheaper per unit as the volume of goods increases. This makes it a cost-effective choice for bulk shipping. Remember, with FCL, the cost doesn't change based on the weight of the cargo but only on the size of the container you choose.

Say goodbye to shipping headaches!

Let FNM Vietnam ease your shipping concerns! Making cargo transportation a breeze, our seasoned ocean freight experts weigh critical factors such as cost, timing, and cargo type to determine your best shipping option - be it consolidation or a full container. Fresh off simplifying the shipping process between Vietnam and Sri Lanka for countless businesses, we're eager to assist yours too. For a no-obligation, free estimation, contact us today and start experiencing hassle-free shipping.

How long does sea freight take between Vietnam and Sri Lanka?

As a key consideration in international commerce, shipping times between Vietnam and Sri Lanka generally average between 10 to 20 days via sea freight. This time frame, however, accounts for multiples factors such as the specific ports involved, the weight of the goods, and their nature. These elements can all influence the transit times making each freight unique in duration. When in need of a specific quote, contacting an experienced freight forwarder like FNM Vietnam is standard practice for a tailored service.

Here's a brief overview of the average transit times expressed in days along popular sea freight routes between these two countries:

Origin Port (Vietnam)	Destination Port (Sri Lanka	Average Transit Time (Days)
Port of Ho Chi Minh	Port of Colombo	13
Port of Da Nang	Port of Colombo	13
Port of Hai Phong	Port of Colombo	14
Port of Quy Nhon	Port of Colombo	15

*Please note this table offers a broad indication, and individual transit times can vary based on numerous factors.

How much does it cost to ship a container between Vietnam and Sri Lanka?

Embarking on the voyage from Vietnam to Sri Lanka with your container? Ocean freight rates can be as diverse as the seas themselves, typically ranging from lower triple digits to thousands per CBM. However, your exact shipping cost depends on a constellation of factors.

Your Point of Loading, Point of Destination, the carrier chosen, the nature of your goods, and the fits and starts of monthly market fluctuations all play a role in steering your final cost. Fear not, our shipping specialists are ready to sail with you, crafting a customized quote that ensures smooth sailing for your budget, and your goods.

Special transportation services

Out of Gauge (OOG) Container

Definition: OOG containers - an optimal solution for out of gauge cargo - are specifically designed to carry oversized items that can't fit within standard shipping restrictions.
Suitable for: Items that exceed the dimensions of regular containers in terms of width, height, or length.
Examples: Large machinery like tractors, windmills, prefabricated homes, and industrial equipment.
Why it might be the best choice for you: If your business deals with the transfer of heavy and oversized equipment from Vietnam to Sri Lanka, this is ideal for ensuring a safe and secure movement of such unique-sized goods.

Break Bulk

Definition: Break bulk involves the shipping of cargo as separate pieces, rather than in containers. These are loaded individually onto the vessel.
Suitable for: Generally used for goods that are too large or heavy to be loaded into a single container.
Examples: Construction equipment, heavy machinery, timber, rolls of steel.
Why it might be the best choice for you: If your cargo is too large or awkwardly shaped for a standard container, but not necessarily warranting an OOG container, break bulk shipping offers the flexibility to handle a loose cargo load with ease.

Dry Bulk

Definition: Dry bulk shipping involves the transport of homogeneous commodities in large quantities, directly loaded into the vessel's hold.
Suitable for: Used for commodities which are neither liquid nor gaseous, and can be loaded and unloaded at ports with specialized equipment.
Examples: Grains, coal, cement, ores, or other similar raw materials.
Why it might be the best choice for you: If you're in the business of moving large volumes of unpackaged goods, dry bulk shipping can increase efficiency and reduce costs.

Roll-on/Roll-off (Ro-Ro)

Definition: Ro-ro vessels are designed with built-in ramps to enable vehicles and machinery to be driven on and off the vessel.
Suitable for: Mostly used for transporting any type of wheeled cargo, including trucks, cars, trailers, and railway carriages.
Examples: Motor cars, semitrailers, mobile cranes, or buses.
Why it might be the best choice for you: If your business involves the transportation of wheeled cargo or heavy machinery, a ro-ro vessel might fit you best due to its convenience and simplicity of loading and unloading.

Reefer Containers

Definition: Reefer containers are refrigerated shipping containers that provide controlled temperature environments.
Suitable for: Primarily used to transport perishable goods across long distances.
Examples: Fruit, vegetables, dairy products, meat, or pharmaceuticals.
Why it might be the best choice for you: If your business involves shipping perishable items, reefer containers ensure your goods reach their destination while still retaining their quality and freshness.

To find the best shipping solution for your specific needs, kindly visit FNM Vietnam's website or contact us for a free shipping quote in less than 24 hours. We're here to help make your shipping journey as smooth and cost-effective as possible.

Air freight between Vietnam and Sri Lanka

When trading betwixt the bustling shores of Vietnam and the emerald isles of Sri Lanka, speed coupled with reliability forms the backbone of a successful venture, and that’s where air freight steps in. Let's say you're dealing in microchips - tiny, high-value items, perfect for air freight. The skyward trade lane promises swift delivery, reliability, and monetary value when you're moving smaller, precious cargo.

But here's a common slip-up many traders make instead of making profits - they slip on the aerial price tag! Picture this: You're sending an elephant-sized cargo, but you only estimate the cost for a rabbit's weight. There arises the mistake. Many don't look before they leap when it comes to the accurate weight formula in air freight, landing with exorbitant costs. We'll dive into this and more, untangling these knots of air freight in our next section.

Should I choose Air Cargo between Vietnam and Sri Lanka?

Opting for air cargo between Vietnam and Sri Lanka could be a viable choice for you, especially when shipping over 100/150 kg (220/330 lbs) of goods. Reliable carriers such as Vietnam Airlines and Sri Lanka's flag carrier SriLankan Airlines, offer robust cargo services.

While air freight comes with a slightly higher price tag, it offers great reliability and shorter delivery timeframes compared to sea freight. However, do note that airlines have fixed schedules which can lead to longer transit times. Check your budget and schedule before making a decision. It's always about finding the perfect balance for your shipping needs.

Should I choose Express Air Freight between Vietnam and Sri Lanka?

Express air freight is a service utilizing dedicated cargo planes, sans passengers, for quicker transportation of goods. Services like FedEx, DHL, or UPS specialize in this. This method is extremely efficient for shipments under 1 CBM or about 100/150 kg (220/330 lbs).

Take, for example, urgent delivery needs such as documents, small machinery parts, or electronic items. If your business needs to ship such commodities between Vietnam and Sri Lanka, this is a viable option to consider. The faster transit times, tracking features, and reliable delivery make it a popular choice for many shippers.

Main international airports in Vietnam

Tân Sơn Nhất International Airport

Cargo Volume: Handles over 750,000 tons of cargo annually.
Key Trading Partners: Major trading partners include China, the United States, Japan, and Singapore.
Strategic Importance: As Vietnam's largest airport, it serves as the main hub for the southern provinces.
Notable Features: The airport is well-equipped with modern cargo handling facilities and accommodates both domestic and international carriers.
For Your Business: If you trade heavily with the southern region or the above trade partners, leveraging Tan Son Nhat's capacity could streamline your operations.

Nội Bài International Airport

Cargo Volume: Handles above 700,000 tons of cargo per annum.
Key Trading Partners: Major partners include Asia-Pacific nations, the US, and European countries.
Strategic Importance: Located near the capital city of Hanoi, it serves as the gateway to the northern regions of Vietnam.
Notable Features: The airport houses a special cargo terminal for express courier services, ensuring faster processing.
For Your Business: Choose Nội Bài if speed is crucial in your business model or if your main markets are in the northern regions of Vietnam.

Đà Nẵng International Airport

Cargo Volume: Handles around 100,000 tons of goods per year.
Key Trading Partners: Key relationships are with East Asian and Southeast Asian territories.
Strategic Importance: This airport is the third largest in Vietnam and is a central transit point for the regions of Central Vietnam.
Notable Features: Đà Nẵng airport benefits from a strategic location with less air congestion, ensuring faster turnaround.
For Your Business: An ideal choice if quick dispatch and delivery are fundamental and for businesses engaged in trade with Southeast Asian nations.

Cần Thơ International Airport

Cargo Volume: Manages in excess of 20,000 tons annually.
Key Trading Partners: Essential partners include Cambodia, Thailand, Malaysia, and Taiwan.
Strategic Importance: Its location allows convenient access to the Mekong Delta region.
Notable Features: The airport is designed with a focus on cargo flights, beneficial for expedited cargo clearance.
For Your Business: If your dealings involve the Mekong Delta region or the above partners, Cần Thơ can provide significant logistical advantages.

Cẩm Ranh International Airport

Cargo Volume: Processes more than 8,000 tons per annum.
Key Trading Partners: Deals chiefly with China, Russia, South Korea, and Australia.
Strategic Importance: Positioned in the popular tourist destination of Nha Trang, it attracts an array of carriers.
Notable Features: Its state-of-the-art infrastructure involves efficient handling of cargo operations.
For Your Business: For businesses linked predominately with Russia, South Korea, or the tourism industry, this airport could be a viable shipping point.

Main international airports in Sri Lanka

Bandaranaike International Airport

Cargo Volume: Bandaranaike International Airport, the largest and busiest airport in Sri Lanka, handles over 50% of the country's total air cargo volume.
Key Trading Partners: It links Sri Lanka with key trading partners including India, the UAE, China, UK, and Singapore.
Strategic Importance: Serving as the primary hub for SriLankan Airlines, its strategic location gives businesses access to a wide range of Asian, European, and Middle Eastern markets.
Notable Features: The Cargo Village of the airport provides facilities like cargo handling and storage.
For Your Business: Due to its connectivity with key markets and robust cargo facilities, it could serve as your primary gateway for air shipping goods to and from Sri Lanka.

Mattala Rajapaksa International Airport

Cargo Volume: This is the second international airport of Sri Lanka, currently positioned to become a significant cargo transport hub on the island.
Key Trading Partners: The airport serves as a gateway to several Asian and Middle Eastern countries.
Strategic Importance: As part of the South-South trade route, Mattala Rajapaksa offers unique geostrategic benefits for businesses looking to tap into emerging southern hemisphere markets.
Notable Features: Its cargo terminal is equipped to process perishable goods, ensuring your products maintain their quality during transit.
For Your Business: The airport's cargo processing capabilities and strategic location could be integral for businesses shipping refrigerated or frozen goods.

How long does air freight take between Vietnam and Sri Lanka?

Shipping between Vietnam and Sri Lanka via air freight usually takes around 3 to 5 days. However, it's crucial to understand that transit times can fluctuate. Factors such as the specific airports of origin and destination, the total weight of the shipment, and the type of goods being shipped can cause variations in the projected timeline. To obtain the most accurate timelines for your specific needs, partnering with a freight forwarder like FNM Vietnam can provide custom-tailored solutions.

How much does it cost to ship a parcel between Vietnam and Sri Lanka with air freight?

Air freight cost from Vietnam to Sri Lanka widely varies, typically ranging from $2 to $7 per kg. This significant range stems from multiple variables including distance from the airport of departure and arrival, package dimensions, weight, and goods nature. An exact quotation isn't possible without these details. Rest assured, our committed team will individually analyze each case and guarantee optimal rates. Contact us and receive a precise, no-obligation quote within 24 hours. Your affordable logistical solution is only a click away.

What is the difference between volumetric and gross weight?

Gross weight refers to the actual physical weight of your shipment, measured in kilograms (kg). It's literally how heavy your shipment is when you put it on a scale. Volumetric weight, on the other hand, factors in the size of the shipment, not just its actual weight. It reflects the package's density — the amount of space it takes up in relation to its weight.

Calculating these weights in Air Freight is quite straightforward. For gross weight, we simply use the scale and get the actual weight in kg. However, for volumetric weight, we multiply the length (L), width (W), and height (H) of the parcel in centimeters (cm) and divide by 6,000. Why 6000? It's an International Air Transport Association(IATA) standard factor, applicable worldwide for air freight services.

Let's take a hypothetical shipment for an example. Imagine a package measuring 40cm x 30cm x 20cm, and it weighs 10kg. The gross weight here is easy, 10kg - which is around 22lbs. For volumetric weight, multiply the dimensions and divide by 6000. So, (40 30 20) / 6000 equals to about 4kg, which is roughly 8.8lbs.

For Express Air Freight services, the method is nearly identical, but instead of 6000, we use 5000 to calculate the volumetric weight. So, in our case, (40 30 20) / 5000 equals to approximately 4.8kg, or around 10.6lbs.

Now, why do these calculations matter? In air freight, cargo charges are based on either the actual gross weight or volumetric weight — whichever is higher. So, understanding these measurements can directly affect your shipping costs and helps in better planning and optimizing your supply chain.

Overview – Door to Door

Shipping between Vietnam and Sri Lanka? Door to Door shipping is your stress-free route. It's the top choice among FNM Vietnam's clients. Why? Because we take care of the complex logistics for you, from packaging to delivery. But it's not for everyone - there's a slightly higher cost for that convenience.

However, when tackling the myriad of customs procedures and shipping regulations of these countries, this service is a lifesaver. So, if you value ease and time above all, Door to Door shipping is your answer. Say goodbye to the heavy lifting and embrace a seamless cross-border trading experience. Let us turn the intricate into the straightforward.

Why should I use a Door to Door service between Vietnam and Sri Lanka?

Ever juggled flamingos while riding a unicycle? That’s how managing international shipping without door-to-door service can feel! With that in mind, let's dive into the world of this incredible service:

1. Reduces Stress: let's be frank, logistics can be as tricky as a Rubik's cube! Door-to-door service picks up your goods right from your location in Vietnam and delivers them directly to the destination in Sri Lanka. Say bye-bye to coordinating with multiple carrier companies!

2. Ensures Timely Delivery: is your shipment as urgent as responding to a boss' email at 3 am? With door-to-door service, enjoy expedited and reliable delivery, crucial for maintaining your supply chains and meeting those deadlines!

3. Personalized Care for Complex Cargo: not all cargo is created equal - some just need that extra TLC. Door-to-door service providers offer specialized handling for your goods, ensuring they receive the care and attention they deserve on their journey, just like a pampered Pomeranian!

4. Convenience is King: No one likes paperwork, right? That’s where door-to-door service shines. It tackles all elements of shipping, from pickup to customs clearance, right until the final destination. Imagine a personal shipping butler, just for your business!

5. On-Demand Trucking: Can’t move a mountain, but you can surely move your goods seamlessly! This service allocates trucks as per your goods size, weight and type from Vietnam to Sri Lanka, offering total peace of mind.

In simple terms, door-to-door service is the jack-of-all-trades in your supply chain, pulling off even the trickiest moves with ease, ensuring your goods transition smoother than butter on a hot pan. Now, that’s a winning choice!

FNM Vietnam – Door to Door specialist between Vietnam and Sri Lanka

Experience stress-free door-to-door shipping from Vietnam to Sri Lanka with FNM Vietnam! You can rest easy knowing we've got every single detail covered - from packing and transportation to customs clearance across varied shipping methods. And that's not all, you get a dedicated Account Executive working tirelessly just for you. For a free estimate in under 24 hours, get in touch with us. Or call in discussion with our expert consultants, absolutely free!

Customs clearance in Sri Lanka for goods imported from Vietnam

Customs clearance involves the submission and processing of documents to facilitate the importation of goods. However, maneuvering through this labyrinthine task can be tricky in Sri Lanka, with unexpected costs and bureaucratic hurdles potentially blocking your shipment.

Canny awareness of customs duties, taxes, quotas, as well as licenses is essential to ensure the safe and timely transition of goods. Failing these, you risk your goods languishing in bureaucratic limbo. Fret not, as the ensuing sections unpack these intimidating aspects.

For those seeking assistance, FNM Vietnam expertly navigates such global trade nuances for any product, anywhere. All we need to help budget your project are the origin of your goods, their value, and the HS Code. Let's untangle the intricacies of Sri Lankan customs together!

How to calculate duties & taxes when importing from Vietnam to Sri Lanka?

Understanding the nuances of duties and taxes when importing from Vietnam to Sri Lanka can seem like a daunting process. However, it gets a lot simpler if you know the variables in the equation. Firstly, you need to align several key pieces of information that include the country of origin, HS Code of your goods, the Customs Value of your shipment, the Applicable Tariff Rate, and any additional taxes and fees that might be applied to your products.

Getting started with the process, your first port of call is recognizing the country in which the goods were manufactured or produced. This is a crucial piece of the puzzle because it holds a significant influence over the calculations made. It serves as the foundation to pave your import journey, allowing for a smooth, efficient, and compliant shipping experience.

Step 1 - Identify the Country of Origin

Recognizing the Country of Origin isn't just a formality - it's a vital first step in your shipping journey. Why? Let's explore!

1. Customs rules: Customs authorities base their regulations on a product's origin. Your shipment from Vietnam might have different requirements compared to, say, China.

2. Trade agreements: Get to know the Asian–Australia–New Zealand FTA and APTA trade agreements. These agreements may offer you lower or even zero customs duties, leading to substantial cost savings.

3. Duties & taxes: These can vary greatly depending on the originating country. Ensure you cross-check the rates applicable for Vietnam.

4. Import restrictions: Keep in mind that some products have import restrictions. Research these early to avoid a shipping impasse.

5. Supply chain transparency: Knowing your product's origin helps maintain a transparent and ethical supply chain, which could just win you that extra brownie point with consumers!

So remember, before you race off to get your HS code, take a moment to confirm your product's Country of Origin. It's more than just a label; it's the foundation of a smooth import process.

Step 2 - Find the HS Code of your product

The Harmonized System (HS) Code is a standardized numerical method of classifying traded products. It is used by customs authorities around the world to identify products when assessing duties and taxes and for gathering statistics. When you're shipping internationally, knowing your product's HS Code becomes considerably important.

Typically, the most straightforward way to find the HS Code for your product is by asking your supplier. They're usually familiar with their product category and the relevant import/export regulations.

However, if this isn't possible, don't worry! We're here to guide you through an easy-to-follow process. Use a Harmonized Tariff Schedule, such as this one provided by the U.S. International Trade Commission. All you need to do is insert the name of your product in the search bar.

Scan the results for the Heading/Subheading column, and you'll find the HS Code listed there. It's as simple as that!

Please note, accuracy is crucial when dealing with HS Codes. Using the incorrect code can cause delays in shipping, and even result in fines.

Here's an infographic showing you how to read an HS code. With this information, you can confidently navigate the world of international freight forwarding.

Step 3 - Calculate the Customs Value

Cracking the code of 'Customs Value' can initially seem daunting, but let's break it down. Unlike the raw value of your goods, the customs value is a more comprehensive figure. It's the total of your goods' price, plus the cost of international shipping and insurance. Think of it as the all-in cost to get your products from Vietnam to Sri Lanka's shores. This is also known as the CIF value.

For instance, imagine your goods are worth $5000. You spend $1000 on shipping and $200 for insurance. The customs value here would be $5000 (goods) + $1000 (shipping) + $200 (insurance) = $6200. This is the figure that Sri Lanka's customs authority will use to calculate your duty and taxes due. So, understanding this calculation is key to correctly budgeting for your shipping costs.

Step 4 - Figure out the applicable Import Tariff

An import tariff is a tax applied by countries on goods imported from abroad. It is used to control the flow of goods entering a country, providing protection for domestic industries from foreign competition.

In Sri Lanka, the tariff system in place is ad valorem, meaning the import duty is calculated as a percentage of the value of the goods.

To determine the applicable tariff for your goods from Vietnam, you would need to check their Harmonized System (HS) code, an internationally standardized system of names and numbers to classify traded products.

Let's use the example of furniture classified under the HS code 9403.10 (wooden office furniture).

1. The HS code has been identified as 9403.10, and the country of origin is Vietnam.
2. Visit the website of Sri Lanka's Department of Import and Export Control and navigate to their 'Tariffs' section.

You'll find a detailed list covering various HS codes, along with the corresponding import duty for each. Suppose the tariff for HS code 9403.10 is 15%. If your Cost, Insurance, and Freight (CIF) value is $10,000, the calculation goes like this:

$10,000 (CIF) x 15% (Tariff) = $1,500

So, you'd be required to pay $1,500 as import duties to the Sri Lankan authorities. Understanding the tariff system and how to calculate its impact on your goods is key to efficient shipping, helping you avoid unwanted surprises and manage your costs effectively.

Step 5 - Consider other Import Duties and Taxes

When shipping goods from Vietnam to Sri Lanka, navigating the taxation system poses an inevitable challenge. This is because there can be more to your tax obligations than the standard tariff rate.

Additional import duties may apply depending on the origin country and product nature. One such duty is the excise tax. For instance, you are importing electronics - televisions. Besides the standard tariff, say 15%, a 20% excise duty may also apply, further increasing your costs.

Similarly, anti-dumping taxes might apply if you're importing goods sold more cheaply than in their home market. For example, if mopeds worth $1000 each are exported to Sri Lanka at $800, an anti-dumping tax could be levied to safeguard the local market.

Another crucial addition is the Value Added Tax (VAT). In Sri Lanka, it's currently at 15%. So, if your shipment is worth $10000 (excluding other duties), you'd owe $1500 in VAT.

Remember, the above rates are hypothetical and actual rates might vary. Always confirm the present duty rates before shipping. By staying informed and prepared, you'll be able to minimize unexpected costs and smooth your goods' journey to Sri Lanka.

Step 6 - Calculate the Customs Duties

When importing goods from Vietnam to Sri Lanka, you'll need to calculate the customs duties. The formula is as follows: Customs Value + VAT (if any) + Anti-dumping Taxes (if any).

Example 1: Let's say your customs value is $1000, with no VAT. The total you'll pay is simply your customs value: $1000.

Example 2: Now, picture a customs value of $2000 and a 15% VAT. To calculate, add your customs value and VAT: $2000 + $300 (15% of $2000) = $2300.

Example 3: For a more comprehensive example, consider a customs value of $5000, a 15% VAT, a 10% anti-dumping tax, and a 7.5% Excise Duty. Your total comes out to: $5000 + $750 (15% VAT) + $500 (10% anti-dumping tax) + $375 (7.5% Excise Duty) = $6625.

As your experienced partner in international freight forwarding, FNM Vietnam can take care of every step of your customs clearance process anywhere in the world. We ensure that you pay the correct amount and not a penny more. For a prompt, free estimate on your next shipment within 24 hours, feel free to contact us. Your peace of mind in global shipping is our commitment.

Does FNM Vietnam charge customs fees?

FNM Vietnam, your ally in the shipping realm, takes no chunk from the customs duties and taxes your cargoes owe to the government. Instead, our service fees cover navigating the labyrinth of customs clearance on your behalf. Picture it like your personal concierge, checking in your bags at a hotel.

We provide all the paperwork from customs, ensuring total transparency on your financial obligation. You'll see, there's no mystery markup, only palpable peace of mind.

Bill of Lading

Shipping goods from Vietnam to Sri Lanka? The Bill of Lading (BOL) is your best friend. It is the official indicator of ownership transfer - think of it as the 'title deed' of your cargo. Factually, without this paper, your goods are like a ship lost at sea. But hey, we live in a digital era! Say hello to the electronic or the 'telex' release that's faster and more secure. No risk of loss or damage to paper BOLs anymore.

Sending items by air? The equivalent document is the Airway Bill (AWB). The trick is in understanding the nuances and leveraging BOLs right - it can make your cross-border shipping smooth sailing. Seize the benefits of technology; go for the telex release. Your cargo needs it!

Packing List

Navigating the shipping seas from Vietnam to Sri Lanka? Don't forget your Packing List. Think of it as the ultimate guest list to your global freight party. It's your obligation to keep this list accurate. It details what’s in your cargo, its weight, measurements, and other vital specifics – something like 50 cartons of ceramic bowls, each weighing 15kg.

Customs officers at both sea and air ports rely heavily on it; a discrepancy might mean delays, penalties, or even your goods being denied entry. For instance, if your cargo weighs 800kg but your Packing List claims 700kg, alarm bells ring. Much to your frustration, your shipment could be left collecting dust at Colombo or Hanoi port while you sort it out. Keep it precise and accurate - your Packing List is your passport to successful shipping.

Commercial Invoice

Navigating through customs from Vietnam to Sri Lanka? Your Commercial Invoice is a key player. Think of it as your shipment's passport—filled with crucial details of your goods. It discloses facts like a comprehensive description of items, the total cost, terms of sale, and HS codes. One hiccup—an inconsistent detail on this invoice and your Bill of Lading or Airway Bill—could stall your goods at customs, disrupting your timeline.

The punchline? Triple-check all information in your Commercial Invoice. Ensure it aligns with every other shipping document to prevent unforeseen delays. In case you're dealing with clothing items, carefully mentioning the fabric content could save you from a Sri Lankan customs snafu. Empower your shipping journey with a meticulously prepared Commercial Invoice. It's your first step towards a hassle-free customs clearance.

Certificate of Origin

Shipping goods from Vietnam to Sri Lanka? Then, you'll surely need a Certificate of Origin (CO). It's a crucial document that verifies the country where your goods were produced. Just think of it as your product's passport, presenting its nationality to the customs authority. Here's where it gets interesting: this 'nationality' may qualify you for preferential customs duty rates under international trade agreements.

Let's say you're exporting porcelain from Hanoi, Vietnam to Colombo, Sri Lanka; your CO verifies that the goods are indeed Vietnamese, which can then attract lower duties. It's simple: No CO, no duty benefits. Remember to mention the country of manufacture accurately on your CO for a smooth and economical shipping experience.

Restricted Products

1. Pharmaceuticals: You'll need a permit from the Cosmetic Devices & Drugs Authority of Sri Lanka.

2. Flora and Fauna: Organize a special license via the Department of Wildlife Conservation.

3. Fireworks and Explosives: The license can be obtained from the Department of the Registrar of Companies.

4. Television Broadcasting Equipment: The Telecommunication Regulatory Commission of Sri Lanka will be your permit issuer.

5. Radio Communication Items: Grab a license via the Telecommunication Regulatory Commission of Sri Lanka, similar to the Television Broadcasting Equipment.

6. Alcoholic Beverages and Tobacco: Procure a permit through the Excise Department of Sri Lanka.

7. Antiquities: Authorization required from the Department of Archaeology, Sri Lanka.

8. Plants, Plant Products, and Soil: The permit can be obtained from the National Plant Quarantine Service, Sri Lanka.

9. Fish and Fishery Products: You have to apply to the Department of Fisheries & Aquatic Resources, Sri Lanka.

10. Drones and Related Equipment: The Civil Aviation Authority of Sri Lanka is your destination to mobilize a permit. Apply here(https://www.caa.lk/).

11. Films for Exhibition: Contact the Public Performance Board for the necessary license.

Remember, this is not an all-inclusive list. Always check for the most latest information and requirements with the government agencies mentioned.

Prohibited products

- Narcotic Drugs
- Psychotropic Substances
- Replicas of Arms and Ammunition
- Explosives and Fireworks
- Obscene Publications, Pictographs, and Drawings
- Poisonous
- Spear Guns
- Habit-Forming Drugs and Psychotropic Substances
- Gold or Gold Bullion
- Unprocessed Gemstones
- Currency Notes and Banknotes
- Flick Knives and Similar Items
- Radioactive Materials
- Pearls in Bulk
- Phosphorus
- Human and Animal Remains
- Ivory in any form
- Antiques and Works of Art (unless approval has been received from the Department of Archeology)
- Fruits and Vegetables
- Plants and Soil (unless approval has been received from the Department of Agriculture)
- Counterfeit Money and Goods (or any material used in the making of counterfeit money or goods)
- Corals, whether raw or worked.

Are there any trade agreements between Vietnam and Sri Lanka

Yes, Vietnam and Sri Lanka have a Joint Trade Agreement and they're actively working towards an FTA, which could boost your import-export activity. The goal is to increase trade volume to $1 billion annually.

No major infrastructure projects are ongoing at present. However, keep in mind both countries are part of APEC and ASEAN, creating future avenues for trade liberalization. Keep an eye on these developments as they can offer potential business growth and cost-efficient shipping options.

Vietnam - Sri Lanka trade and economic relationship

Vietnam and Sri Lanka maintain robust economic relations with a mutual history dating back to the 1970s. Recently, trade deals have significantly increased with a marked expansion in bilateral ties. In 2022, the total trade turnover reached over $300 million, a remarkable milestone. The key trade sectors include textiles, rubber, and agricultural products, with Vietnam's exports to Sri Lanka encompassing mobile phones, computers, and electronic components.

Similarly, Sri Lanka's main exports are gems, precious metals, and tea. Both countries are actively expanding investments - Vietnam has invested around $3 million in Sri Lanka, while Sri Lanka's investment in Vietnam is estimated at $60 million. These thriving economic activities demonstrate the fruitful trade and economic relationship between Vietnam and Sri Lanka.

FAQ | For 1st-time importers between Vietnam and Sri Lanka

What is the necessary paperwork during shipping between Vietnam and Sri Lanka?

To ship goods from Vietnam to Sri Lanka, we at FNM Vietnam will require few essential documents from you. First and foremost, we need the packing list and the commercial invoice to help us process your shipment. In reference to the freight method, we'll take care of acquiring the bill of lading for sea freight or the air way bill for air freight. Depending on the type and specifications of your cargo, additional documents such as Material Safety Data Sheet (MSDS), certifications, or any other relevant documents might be requested. We strive to handle most of the paperwork ourselves, making the shipping process hassle-free for our clients.

Do I need a customs broker while importing in Sri Lanka?

Yes, securing the services of a customs broker is widely recommended when importing goods into Sri Lanka due to the complexity of the process and the multitude of mandatory details and documents required. As your forwarder, we at FNM Vietnam can make this process smoother. We represent your cargo during customs clearance on the majority of shipments. This representation includes all interaction with the relevant customs authorities, offering you peace of mind and hassle-free import experience.

Can air freight be cheaper than sea freight between Vietnam and Sri Lanka?

At FNM Vietnam, we understand that choosing the right mode of transport can be a complex process. While air freight can often seem costlier than sea freight, it's important to gauge various factors like route, weight, and volume of your shipment. Interestingly, air freight can potentially be a more cost-effective option when your cargo is less than 1.5 Cubic Meters or weighs under 300 kg (660 lbs). We affirm that our dedicated account executive can review your specific shipping requirements and provide the most competitive option, guiding you to make an informed, efficient, and financially viable decision.

Do I need to pay insurance while importing my goods to Sri Lanka?

While it's true that insurance is not a required part of the shipping process to Sri Lanka, we at FNM Vietnam highly recommend that you choose to insure your goods. Unexpected circumstances such as damage, loss, or theft can occur during transit, and having insurance provides an important layer of financial protection. Without it, you may potentially incur significant expenses if issues arise. Your peace of mind is worth the small investment in a good insurance policy.

What is the cheapest way to ship to Sri Lanka from Vietnam?

Based on the geographical distance and route options, sea freight is the most economical way to ship goods from Vietnam to Sri Lanka. We, at FNM Vietnam, suggest utilizing our container shipping services, which provides an ideal balance of cost-effectiveness and efficiency. Make sure to factor in longer transit times compared to air freight.

EXW, FOB, or CIF?

Choosing between EXW, FOB, or CIF depends on the rapport you share with your supplier. Remember, your supplier may not be well-versed in logistics, placing the onus on us at FNM Vietnam to oversee the international freight process and arrangements at the destination. Suppliers often sell under two common terms: EXW (Ex Works), where goods are collected at their factory's door, and FOB (Free on Board), which includes all local charges up to the origin terminal. Regardless of these terms, our team at FNM Vietnam can provide comprehensive door-to-door service to streamline your shipping needs.

Goods have arrived at my port in Sri Lanka, how do I get them delivered to the final destination?

For goods arriving in Sri Lanka, clearing and delivery depend on the agreement terms. Under CIF/CFR incoterms, you'll need a customs broker or freight forwarder to clear goods, process import charges, and arrange delivery. Alternatively, we at FNM Vietnam can handle the entire process under DAP incoterms. Be sure to review this with your dedicated account executive for clarification.

Does your quotation include all cost?

Absolutely, at FNM Vietnam, we believe in complete transparency with no hidden charges. Our quotation covers all costs except for destination duties and taxes. However, to avoid surprises, you may request an estimated duties and taxes figure from your dedicated account executive. We strive for a clear, surprise-free experience.

Freight Shipping between Vietnam and Sri Lanka | Rates – Transit times – Duties and Taxes

Which are the different modes of transportation between Vietnam and Sri Lanka?