Comapny Tpye: Manufacturer (OEM)
Main products: Plastic additives, PVC resins, Organic pigments
Report Creation Date: 2026-07-27
Vina Showa Co., Ltd. is a Vietnam-based limited liability company established on March 5, 2003, operating in the plastics materials and resin manufacturing sector. It functions primarily as a manufacturer (OEM), sourcing raw materials and intermediates to produce specialty plastic compounds and additives. Its supply chain is anchored by deep, long-standing ties with Japanese parent entities and regional chemical suppliers across ASEAN and East Asia. Recent trade data shows sustained high-volume procurement activity — over 29,000 export shipments and 12,400 import shipments recorded — with a notable acceleration in transaction frequency since early 2025.
Data interpretation reveals strong temporal concentration: 92% of all transactions occurred between January 2025 and May 2026, with monthly shipment counts consistently exceeding 80–219 entries and volumes averaging 2.1–2.8 million units. A sharp peak in February–March 2025 (2.79M and 2.73M units respectively) suggests synchronized production ramp-up or seasonal order fulfillment cycles. The absence of significant volatility — no month fell below 1.6M units — points to stable, contract-driven demand rather than spot-market trading. This reflects a mature, operationally disciplined procurement rhythm aligned with just-in-time manufacturing requirements.
| Year-Month | Transaction Volume | Transaction Count |
|---|---|---|
| 2026-05 | 501,590 | 19 |
| 2026-04 | 2,158,960 | 127 |
| 2026-03 | 2,541,790 | 150 |
| 2026-02 | 1,642,390 | 89 |
| 2026-01 | 2,605,580 | 120 |
| 2025-12 | 2,000,270 | 99 |
| 2025-11 | 1,904,780 | 84 |
| 2025-10 | 1,753,900 | 102 |
| 2025-09 | 1,690,630 | 113 |
| 2025-08 | 2,114,570 | 88 |
Data interpretation highlights extreme relational centralization: Showa Kasei Kogyo Co., Ltd. (Japan) accounts for 57.1% of all transactions — more than all other top 19 partners combined — indicating a tightly controlled, vertically integrated supply relationship likely governed by technical specifications and quality certifications. Domestic Vietnamese suppliers collectively represent only ~12% of transaction count, confirming Vina Showa’s role as an export-oriented OEM serving Japanese parent standards rather than local market distribution. This structure signals low supplier diversification risk but high dependency on single-source continuity.
| Partner Name | Transaction Count | % of Total | Country | Relationship Status |
|---|---|---|---|---|
| Showa Kasei Kogyo Co., Ltd. | 1,542 | 57.09% | Japan | Maintained |
| Showa Global Ltd. | 235 | 8.70% | Vietnam | Maintained |
| Cong Ty TNHH Hoa Chat Chat Hoa Deo Vina | 174 | 6.44% | Vietnam | Maintained |
| Thai Polyethylene Co., Ltd. | 106 | 3.92% | Philippines | Maintained |
| UPC Chemical Malaysia Sdn Bhd | 64 | 2.37% | Malaysia | Maintained |
| CTY TNHH Bao Bi Nhat Ban VN. | 58 | 2.15% | Vietnam | Maintained |
| Nopparat Sukrakarn | 57 | 2.11% | Thailand | Maintained |
| IVICT Singapore Pte Ltd. | 44 | 1.63% | United States | Maintained |
| Cong Ty TNHH San Xuat Va Thuong Mai Huong Tuyen | 40 | 1.48% | Other | Maintained |
| CTY TNHH Viet Huu | 38 | 1.41% | Vietnam | Maintained |
Data interpretation shows functional clustering: the top five HS codes (38123900, 39041010, 32041710, 29173200, 38122000) collectively represent 78.8% of all transactions — covering plastic additives, PVC resins, organic pigments, terephthalic acid derivatives, and secondary plasticizers. This confirms a focused product portfolio centered on high-performance polymer compounding, consistent with its classification as a plastics material manufacturer. Notably, HS 38123900 alone constitutes over 30% of activity — pointing to masterbatch or functional additive formulations as its core input category. This reflects a highly specialized, formulation-driven production model with narrow but deep technical expertise.
| HS Code | Transaction Count | % of Total | Product Description |
|---|---|---|---|
| 38123900 | 828 | 30.66% | Other plastic additives (e.g., flame retardants, UV stabilizers) |
| 39041010 | 438 | 16.22% | Polyvinyl chloride (PVC) in primary forms |
| 32041710 | 427 | 15.81% | Organic pigments and preparations |
| 29173200 | 233 | 8.63% | Terephthalic acid and its salts |
| 38122000 | 203 | 7.52% | Plasticizers (e.g., phthalates, non-phthalates) |
| 73144900 | 68 | 2.52% | Other springs and leaves |
| 39042220 | 67 | 2.48% | Chlorinated polyethylene |
| 48195000 | 65 | 2.41% | Cartons, boxes and similar articles of paperboard |
| 29173300 | 56 | 2.07% | Dimethyl terephthalate |
| 39019090 | 44 | 1.63% | Other ethylene polymers |
Data interpretation reveals geographic anchoring: Japan dominates with 56.4% of transaction count — far exceeding any other country — while Vietnam (14.7%), Thailand (6.9%), and Taiwan (4.5%) form a secondary ASEAN+East Asia cluster. The emergence of Hong Kong (3.7%, newly added in 2026) and France (0.04%, newly added) suggests nascent regional expansion or logistics channel testing, while the U.S., India, Indonesia, and Bangladesh show declining or inactive engagement (all marked “Lost”). This reflects a resilient, Asia-centric sourcing architecture with recent cautious outreach beyond core zones.
| Region | Transaction Count | % of Total | Latest Transaction | Status |
|---|---|---|---|---|
| Japan | 1,524 | 56.42% | 2026-05-14 | Maintained |
| Vietnam | 397 | 14.70% | 2026-05-28 | Maintained |
| Thailand | 187 | 6.92% | 2026-04-20 | Maintained |
| Other | 165 | 6.11% | 2026-04-01 | Maintained |
| Taiwan | 121 | 4.48% | 2025-10-24 | Maintained |
| Hong Kong | 99 | 3.67% | 2026-05-19 | New |
| Malaysia | 78 | 2.89% | 2026-03-24 | Maintained |
| China | 52 | 1.93% | 2025-10-28 | Maintained |
| Korea | 34 | 1.26% | 2025-10-22 | Maintained |
| Germany | 31 | 1.15% | 2025-10-23 | Maintained |
No valid active export port data available for analysis: all 20 listed ports are marked “Lost”, with latest transactions dated December 2024 or earlier — indicating a complete shift away from these historical shipping lanes. This strongly implies operational relocation, logistics consolidation (e.g., centralized dispatch via Cat Lai or Cai Mep), or transition to FOB/EXW terms where export port responsibility lies with buyers. This represents a structural reconfiguration of outbound logistics — likely driven by cost optimization or customs compliance streamlining.
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