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Strong Export Growth Amid Domestic Oversupply

According to VnEconomy, Vietnam’s car tire industry is facing an oversupply, with over 32 million tires expected to be exported by 2024. With a low car ownership rate and a large population, motorcycles remain the primary mode of transportation, reducing domestic demand for car tires. However, Vietnam has become a significant tire export center, with over 90% of its production exported, primarily to markets such as the U.S., Brazil, and Germany. Major manufacturers like Bridgestone, Michelin, and Yokohama contribute to the competitive landscape.

Not all tires are allowed for import into Vietnam. According to Decree 69/2018/ND-CP, importing auto parts, including tires, does not require special permits, except for used tires, which are prohibited under Decree 187/2013/ND-CP.

For new car tires, businesses must complete conformity declaration procedures in line with national standard QCVN 34:2017/BGTVT before distributing them in the market, ensuring product safety and compliance with the Ministry of Transport’s regulations.

>> Read More: List of Prohibited Import and Export Goods in Vietnam

HS Codes and Preferential Tax Rates

There are various types of car tires, and determining the correct HS code is mandatory for import tax calculation. Incorrect HS code identification may result in penalties under Decree 128/2020/ND-CP, ranging from VND 2,000,000 to three times the tax amount owed.

Export Procedures for Car Tires

Export Procedures for Car Tires

Are you looking to export car tires and need a detailed guide? Don’t worry; KFLV is here to address your concerns. This article will provide essential information about customs procedures, from document preparation to the customs clearance process.

Preparing Export Customs Documents 

To ensure smooth export processes, prepare the following documents:  

– Commercial contract (Purchase Order or Contract): Certified copy  

– Commercial invoice (Invoice): Original  

– Packing list: Original  

– Bill of lading (Airway Bill/ Bill of lading): Original  

– License (if applicable): Original  

– Certificate of origin (if applicable): Original  

– Other documents as required by customs: Ensure all documents are accurate and complete.

– Shipping mark clearly required: product name, “Made in Vietnam,” consignee, destination port, etc.

Export Process

Step 1: E-declaration at local customs office.

Step 2: Document inspection – if valid, clearance will be approved.

Step 3: Cargo clearance – goods ready for shipment.

>> Read More: Key Regulations on Import-Export Taxes

Import Procedures for Car Tires

Import Procedures for Car Tires

When importing car tires, it’s essential to follow the correct procedures and prepare the necessary documents:

Preparing Import Customs Documents

The required documents include:  

– Customs declaration form  

– Commercial invoice  

– Bill of lading  

– Certificate of origin  

– Certificate of quality compliance  

– Additional documents as needed based on the shipment.

Import Process 

Step 1: E-declaration and HS code classification.

Step 2: Quality inspection registration – sample testing by authorized agency.

Step 3: Clearance upon approval of quality results.

Step 4: Pay import duties and VAT as per regulations.

>> Read More: Rail Freight Transport between Vietnam and China

Invoice Regulations

• Incorrect HS code classification may result in fines ranging from VND 2,000,000 to three times the tax difference.
• Export does not require a license, but a C/O is recommended for tax benefits in importing countries.
• Ensure labels and markings are compliant to avoid port delays.

End-to-End Automotive Tire Transportation Solutions

KFLV is a reputable logistics company offering end-to-end transportation services for automotive tires, both for import into Vietnam and international export. With a strong global agent network and professional expertise:

• HS code, tax, and documentation consultation
• Fast and accurate customs declaration support
• Optimized transportation costs for different tire types

Contact KFLV today via hotline +84 (0) 938 188 796 for a free consultation and detailed shipping quote for your tire shipments.