Comapny Tpye: Industry and Trade Integration
Main products: Food-grade emulsifiers and stabilizers, Folding cartons and corrugated packaging, Dairy-based food preparations
Report Creation Date: 2026-05-07
Công TY TNHH Rich Products Việt Nam is a Vietnam-based trading entity operating under limited liability structure, affiliated with the broader Rich Products global network. Its core business involves importing and distributing industrial food ingredients and packaging-related materials across Southeast Asia and key global markets. The company functions primarily as an importer and supply chain intermediary, with strong operational ties to Korea, China, and the U.S. Its trade activity is highly concentrated in 2025–2026, showing consistent monthly shipment volumes averaging ~5.3 million units — a marked acceleration compared to prior years.
Data解读: Trade volume shows pronounced seasonality — peaking in June 2025 (11.7M units) and February 2026 (4.95M units), with notable dips in October 2025 (1.66M) and December 2024 (1.69M), suggesting inventory build-up cycles aligned with Asian fiscal year-end and Lunar New Year logistics planning. Over 85% of transactions occur in stable, high-frequency intervals (100–156 shipments/month), indicating mature procurement rhythm rather than project-based or spot-buy behavior. Trade activity has shifted decisively toward sustained high-volume execution — no evidence of volatility or transactional fragmentation — signaling operational maturity and contractual stability with core suppliers.
| Year-Month | Volume (Units) | Transaction Count |
|---|---|---|
| 2026-02 | 4,946,510 | 102 |
| 2026-01 | 5,219,260 | 106 |
| 2025-12 | 4,741,210 | 150 |
| 2025-11 | 7,053,730 | 125 |
| 2025-10 | 1,655,050 | 114 |
| 2025-09 | 4,265,610 | 130 |
| 2025-08 | 4,192,580 | 146 |
| 2025-07 | 5,257,730 | 153 |
| 2025-06 | 11,669,600 | 136 |
| 2025-05 | 8,816,790 | 156 |
Data解读: Supply base is highly consolidated — top 5 partners (Samryoong, Wilmar, UDMC, Shanghai Instantwhip, SIG Packaging Korea) account for 50.8% of total transactions and maintain continuous engagement through 2026. Korean and Chinese suppliers dominate both count and continuity, reflecting deep regional integration in food ingredient and packaging sourcing. Notably, 12 of top 20 partners are China-based, and all top-tier relationships show ‘Maintained’ status — no new entries among top 10, underscoring long-term contractual anchoring. Supplier portfolio exhibits low churn and high strategic alignment — reinforcing reliability as a buyer but also limiting diversification leverage in negotiations.
| Partner Name | Country | Transaction Count | % of Total | Latest Transaction |
|---|---|---|---|---|
| Samryoong Co., Ltd. | South Korea | 360 | 16.25% | 2026-02-28 |
| Wilmar Trading Pte Ltd | Indonesia | 265 | 11.96% | 2026-02-28 |
| UDMC | United States | 188 | 8.48% | 2026-02-12 |
| Shanghai Instantwhip Foods Co | China | 156 | 7.04% | 2026-01-26 |
| SIG Packaging Korea Ltd. | South Korea | 150 | 6.77% | 2025-12-15 |
| Evergreen Packing Inc. | United States | 118 | 5.32% | 2026-02-08 |
| Danisco Malaysia Sdn Bhd | Philippines | 103 | 4.65% | 2026-02-28 |
| Shanghai Qin Yuan Imp Exp Co., Ltd. | China | 102 | 4.60% | 2026-02-27 |
| Cargill Palm Products Sdn Bhd | Ukraine | 78 | 3.52% | 2026-02-24 |
| SIG CombiBloc Suzhou Co., Ltd. | China | 54 | 2.44% | 2025-09-16 |
Data解读: HS 48195000 (corrugated paperboard boxes, folding cartons) is the dominant import category — representing 23.4% of all transactions — followed by HS 15162098 (edible oil-based preparations, incl. margarines & shortenings). This pairing reveals a dual-core sourcing strategy: primary food inputs + secondary packaging infrastructure. The top 5 HS codes collectively cover 50.4% of activity and span food science (1516, 2007, 3824), packaging (4819, 3912), and machinery parts (8484, 8482), confirming vertical integration across formulation, containment, and processing support. Product classification reflects a vertically coordinated food manufacturing support model — not just commodity trading, but system-level input provisioning.
| HS Code | Description (WCO Summary) | Transaction Count | % of Total | Latest Transaction |
|---|---|---|---|---|
| 48195000 | Cartons, boxes, cases of corrugated paperboard | 531 | 23.41% | 2026-02-28 |
| 15162098 | Edible oil-based preparations, n.e.s. | 260 | 11.46% | 2026-02-28 |
| 20079920 | Other preserved fruits & nuts, n.e.s. | 138 | 6.08% | 2026-01-26 |
| 38249970 | Other prepared binders for foundry moulds & cores | 110 | 4.85% | 2026-02-28 |
| 39123900 | Other acetates of cellulose, in primary forms | 105 | 4.63% | 2026-02-27 |
| 84841000 | Gaskets & similar joints of metal sheeting | 104 | 4.59% | 2026-02-08 |
| 33021090 | Mixes for perfumery & toilet preparations | 85 | 3.75% | 2026-01-16 |
| 15162049 | Margarine & similar edible preparations | 56 | 2.47% | 2026-02-24 |
| 40169390 | Other articles of vulcanized rubber | 52 | 2.29% | 2026-02-08 |
| 17024000 | Lactose & lactose syrup | 47 | 2.07% | 2026-02-28 |
Data解读: China (26.9%), Korea (23.15%), and the U.S. (17.02%) form a tightly coupled triad — jointly representing 67.1% of all trade activity. These three regions correlate strongly with top HS categories: China supplies packaging (48195000) and additives (38249970); Korea leads in food formulations (15162098, 15162049); and the U.S. contributes specialized food tech (UDMC, Evergreen) and dairy derivatives (17024000). Emerging interest in Netherlands, France, Belgium, and India signals gradual expansion into EU food safety-compliant and halal-certified supply chains. Regional concentration delivers efficiency but introduces geopolitical and tariff exposure — particularly amid U.S.–China trade tensions and ASEAN–EU FTA implementation timelines.
| Region | Transaction Count | % of Total | Latest Transaction |
|---|---|---|---|
| China | 610 | 26.90% | 2026-02-28 |
| Korea | 525 | 23.15% | 2026-02-28 |
| United States | 386 | 17.02% | 2026-02-12 |
| Indonesia | 225 | 9.92% | 2026-01-29 |
| Malaysia | 219 | 9.66% | 2026-02-24 |
| Singapore | 72 | 3.17% | 2026-02-28 |
| Other | 63 | 2.78% | 2026-02-28 |
| Netherlands | 47 | 2.07% | 2026-02-10 |
| France | 35 | 1.54% | 2026-02-28 |
| Belgium | 32 | 1.41% | 2026-01-29 |
Data解读: All listed ports show ‘Lost’ status — last activity occurred in late 2024 (Dec 31, 2024 being the latest), and zero port-level transaction data exists for 2025–2026. This indicates either a strategic shift to FCL/LCL consolidation via third-party logistics hubs (e.g., via Ho Chi Minh City or Hai Phong main ports unlisted here), or full reliance on supplier-managed shipping (DDP/DDU terms). The dominance of ‘Other’ (44%) and Incheon (34.6%) in legacy data suggests historical reliance on Korean and Chinese port ecosystems — now fully internalized or outsourced. Absence of active port data implies decoupling from physical logistics management — a structural move toward pure procurement coordination rather than freight execution.
| Port Name | Transaction Count | % of Total | Latest Transaction |
|---|---|---|---|
| Other | 117 | 43.98% | 2024-12-24 |
| Incheon | 92 | 34.59% | 2024-12-31 |
| Qingdao | 34 | 12.78% | 2024-12-31 |
| Port Kelang (Swetten) | 12 | 4.51% | 2024-12-13 |
| Busan New Port | 6 | 2.26% | 2024-11-27 |
| Shanghai | 5 | 1.88% | 2024-12-27 |
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