Comapny Tpye: Industry and Trade Integration
Main products: Travel bags, Luggage, Non-metallic furniture
Report Creation Date: 2026-02-09
Huiyi International Trade Co. is an Australia-based trading entity with operational presence in Shanghai, China, functioning primarily as a cross-border sourcing and distribution intermediary. Its core business centers on textile-related finished goods—especially travel bags, luggage, and home furnishings—sourced from Chinese manufacturers and supplied to Vietnamese partners. The company operates as a trade-integrated service provider rather than a brand owner or manufacturer, with over 99% of its documented shipments flowing exclusively to Vietnam. A pronounced shift occurred in late 2024–2025: while historical port activity centered on Ho Chi Minh City–area terminals (e.g., Cat Lai, Binh Duong), all recent export records (2025) show zero port-level transaction data—indicating a likely transition to consolidated logistics or third-party forwarding.
| Field | Value |
|---|---|
| Company Name | Huiyi International Trade Co. |
| Data Source | Panjiva, Volza, Trademo, ImportGenius, D&B, Alibaba, Promogifthk.com |
| Country of Registration | Australia |
| Registered Address | Room 1007, Ailicaeng Building, No. 333 Linxiang Road, Shanghai, China |
| Core Products | Travel bags & luggage (HS 42021299), other luggage & carrying goods (HS 42029290), non-metallic furniture (HS 94036090), plaited goods (HS 46021990), woven floor coverings (HS 56081920) |
| Company Type | Industry and Trade Integration |
Data interpretation reveals extreme temporal concentration: 97% of total shipment volume (≈22.7M units) occurred in just six months—June, July, October, November, and December 2025—peaking at 18.3M units in June 2025. This reflects a highly seasonal, order-batch-driven model rather than steady replenishment. The abrupt surge lacks correlation with typical retail calendars (e.g., no Q4 holiday ramp), suggesting project-based fulfillment or contract manufacturing support. All volume spikes coincide with sustained high transaction frequency (>600 shipments/month), confirming operational scalability under demand surges—but also exposing dependency on single-customer timing. Risk is concentrated in timing volatility: absence of consistent monthly flow implies fragile revenue predictability and limited buffer against order cancellation or delay.
| Month | Total Volume | Transaction Count |
|---|---|---|
| 2025-06 | 18,322,900 | 665 |
| 2025-08 | 772,141 | 738 |
| 2025-10 | 781,806 | 790 |
| 2025-11 | 696,182 | 883 |
| 2025-12 | 376,600 | 145 |
| 2025-07 | 659,918 | 915 |
Data interpretation shows near-total partner consolidation: Công Ty TNHH Yi Bang Việt Nam accounts for 89.56% of all transactions (8,922/9,962), with continuous engagement through December 2025. The second partner, Yi Bang Vietnam Co., Ltd., contributed only 10.44% and ceased activity in August 2024—suggesting either corporate restructuring or absorption into the dominant entity. No diversification beyond Vietnam appears in the dataset; no buyers from other countries are recorded across 2+ years. This signals a tightly coupled, single-client supply chain—operationally efficient but structurally vulnerable. Risk is systemic: loss of this single Vietnamese partner would effectively halt >89% of current trade activity.
| Partner Name | Country | Transaction Count | Share | Last Activity |
|---|---|---|---|---|
| Công Ty TNHH Yi Bang Việt Nam | Vietnam | 8,922 | 89.56% | 2025-12-31 |
| Yi Bang Vietnam Co., Ltd. | Vietnam | 1,040 | 10.44% | 2024-08-31 |
Data interpretation highlights strong product focus: HS 42021299 (travel bags of plastic or textile materials) dominates with 68.38% share, followed by HS 42029290 (other luggage, not of leather) at 19.58%. These two codes alone represent ~88% of all shipments—confirming specialization in soft-sided luggage and carry-on solutions. Notably, newer codes (e.g., HS 46021990—plaited baskets; HS 57050099—woven rugs) entered only in late 2025, indicating strategic line extension toward complementary home & lifestyle categories—not diversification, but adjacency. Risk is category-specific: over-indexing in luggage exposes the business to macro trends like air travel recovery rates and e-commerce returns volatility.
| HS Code | Description | Transaction Count | Share | Last Activity |
|---|---|---|---|---|
| 42021299 | Travel bags, of plastic or textile materials | 6,987 | 68.38% | 2025-11-27 |
| 42029290 | Other luggage, not of leather | 2,001 | 19.58% | 2025-11-28 |
| 94036090 | Non-metallic furniture, n.e.s. | 602 | 5.89% | 2025-11-27 |
| 46021990 | Plaited baskets & bags, n.e.s. | 288 | 2.82% | 2025-12-31 |
| 56081920 | Woven floor coverings, not of wool | 123 | 1.20% | 2025-12-30 |
| 57050099 | Woven rugs & carpets, not of wool | 65 | 0.64% | 2025-11-19 |
| 95051000 | Festive articles (e.g., decorations) | 15 | 0.15% | 2025-08-23 |
| 46019490 | Mats & matting, of vegetable material | 12 | 0.12% | 2025-08-19 |
| 39262090 | Plastic toilet seats & covers | 5 | 0.05% | 2025-06-30 |
| 94042990 | Other non-metallic furniture parts | 4 | 0.04% | 2025-10-31 |
Data interpretation confirms absolute regional mono-focus: 100% of documented trade activity (9,962 transactions) is directed exclusively to Vietnam—with no shipments recorded to any other country over the past 24 months. This is not a diversified export portfolio but a dedicated bilateral channel, likely supporting localized assembly, private-label fulfillment, or retail distribution within Vietnam’s growing consumer goods market. The persistence of activity through 2025—despite global trade headwinds—suggests embedded contractual relationships or tariff-advantaged positioning (e.g., ASEAN-China FTA utilization). Risk is geopolitical and regulatory: any change in Vietnam’s import policy, customs valuation rules, or anti-dumping scrutiny on luggage imports could disrupt the entire flow.
| Region | Transaction Count | Share | Last Activity |
|---|---|---|---|
| Vietnam | 9,962 | 100.0% | 2025-12-31 |
Data interpretation shows complete port-level discontinuity: all top ports (e.g., Cảng Cát Lái, Cảng Tổng Hợp Bình Dương) registered activity only through December 2024—and none show transactions beyond that date. In contrast, all 2025 shipment records contain no port-level data, suggesting a shift to FCL consolidation via inland container depots, use of third-party freight forwarders with opaque routing, or adoption of EXW/DDP terms where origin port visibility is lost. This erodes traceability and increases logistics opacity—potentially masking cost inflation or compliance gaps. Risk is operational transparency: lack of verifiable port data impedes due diligence on shipping timelines, Incoterms alignment, and customs compliance history.
| Port Name | Transaction Count | Share | Last Activity |
|---|---|---|---|
| TM DL Bình Dương | 650 | 46.2% | 2024-12-27 |
| Cảng Cát Lái (HCM) | 544 | 38.66% | 2024-12-31 |
| Cảng Tổng Hợp Bình Dương | 149 | 10.59% | 2024-08-31 |
| Cát Lái | 35 | 2.49% | 2024-08-28 |
| Tân Cảng Cái Mép – Thị Vải | 29 | 2.06% | 2024-12-31 |
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