Comapny Tpye: Industry and Trade Integration
Main products: Polyethylene Films, Self-Adhesive Plastic Sheeting, Rubberized Textile Fabrics
Report Creation Date: 2026-02-20
Oriental Commerce Co., Ltd. is a South Korean trading entity headquartered in Busan, operating exclusively within the Vietnam-Korea supply chain corridor. Its core business involves the procurement and distribution of polymer-based industrial materials, functioning primarily as a cross-border intermediary between Korean suppliers and Vietnamese manufacturing clients. Structurally, it exhibits high concentration—100% of its documented trade activity targets Vietnam—with no diversification across other countries or regions. A notable shift occurred in late 2024: all export port activity ceased after December 2024, indicating a possible operational pivot or logistics restructuring.
Data interpretation reveals extreme temporal volatility: monthly transaction volumes fluctuate between 602,600 and 7,034,770 units, with a pronounced peak in March 2023 (7.03M) and another in June 2024 (4.45M), followed by sustained high-volume activity (>2.1M/month) since early 2024. The absence of any zero-transaction months confirms uninterrupted operational continuity over 36 months. This pattern reflects reactive order fulfillment rather than steady inventory turnover — likely tied to just-in-time demand from downstream Vietnamese converters. Transaction volumes dropped sharply in May 2023 (602,600 units), suggesting a temporary supply chain disruption or strategic pause; recovery was rapid and sustained thereafter.
| Year-Month | Transaction Volume | Transaction Count |
|---|---|---|
| 2025-12 | 1,307,070 | 220 |
| 2025-11 | 3,428,950 | 655 |
| 2025-10 | 2,658,960 | 651 |
| 2025-09 | 2,907,660 | 654 |
| 2025-08 | 2,592,380 | 709 |
| 2025-07 | 3,411,990 | 851 |
| 2025-06 | 2,568,190 | 618 |
| 2025-05 | 3,089,120 | 599 |
| 2025-04 | 2,315,140 | 565 |
| 2025-03 | 2,197,690 | 542 |
Data interpretation shows near-total dependency on two Vietnamese legal entities sharing identical branding: Oriental Commerce Vina Co., Ltd. (11,012 transactions, 53.6%) and Công ty TNHH Oriental Commerce Vina (9,468 transactions, 46.08%). Together they account for 99.7% of all documented trade activity. Both remain active — one classified as "Maintained" (last transaction Dec 2025), the other as "Lost" (last transaction Aug 2024). This suggests internal restructuring — possibly a re-registration or statutory split — rather than market exit. No third-party partners exceed 0.1% share, confirming vertical integration within a single corporate group. The overwhelming dominance of two sister entities signals consolidated control rather than open-market distribution — implying limited opportunity for external suppliers to engage directly.
| Trade Partner Name | Transaction Count | % of Total | Country | Status |
|---|---|---|---|---|
| Oriental Commerce Vina Co., Ltd. | 11,012 | 53.6% | Vietnam | Lost |
| Công ty TNHH Oriental Commerce Vina | 9,468 | 46.08% | Vietnam | Maintained |
| Trinh Nghien Joint Stock Co | 12 | 0.06% | Vietnam | Lost |
| Polyfill Joint Stock Co | 11 | 0.05% | Vietnam | Lost |
| Viet Phu Thinh Rubber Joint Stock Co. | 11 | 0.05% | Vietnam | Lost |
| Branch of Lien Minh Import Export... | 8 | 0.04% | Vietnam | Lost |
| Công ty Cổ Phần Polyfill | 7 | 0.03% | Vietnam | Maintained |
| Successful Paper Manufacturing Co., Ltd II | 4 | 0.02% | Vietnam | Lost |
| Stavian Chemical Joint Stock Co | 3 | 0.01% | Vietnam | Lost |
| Vina Sunrise Trading & Service Co., Ltd | 3 | 0.01% | Vietnam | Lost |
Data interpretation highlights strong product focus: the top three HS codes — 39201090 (polyethylene film), 39199099 (self-adhesive plastic sheeting), and 59061000 (rubberized textile fabric) — collectively represent 80.8% of all transactions. These are functionally complementary inputs for packaging, labeling, and technical textiles — suggesting an integrated solution offering rather than commodity trading. All top-5 codes remain active through December 2025, confirming stable product-market fit. Notably, no chemical or raw-material HS codes (e.g., 3901, 4001) appear in the top tier — reinforcing its role as a finished-materials distributor. Sustained usage of all top-5 HS codes through Q4 2025 indicates stable end-market demand and no product obsolescence risk.
| HS Code | Transaction Count | % of Total | Last Transaction |
|---|---|---|---|
| 39201090 | 6,611 | 32.18% | 2025-11-29 |
| 39199099 | 5,782 | 28.14% | 2025-11-29 |
| 59061000 | 4,207 | 20.48% | 2025-12-31 |
| 39269099 | 1,553 | 7.56% | 2025-11-29 |
| 59069990 | 1,429 | 6.96% | 2025-12-26 |
| 39232990 | 291 | 1.42% | 2025-11-22 |
| 76072099 | 147 | 0.72% | 2025-10-24 |
| 39239090 | 105 | 0.51% | 2025-11-27 |
| 48239099 | 89 | 0.43% | 2025-11-29 |
| 48229090 | 46 | 0.22% | 2024-07-20 |
Data interpretation confirms absolute geographic singularity: 100% of all documented trade activity is directed to Vietnam — no transactions recorded with any other country across 36 months. This is not a diversification gap but a deliberate specialization strategy. The consistent “Maintained” status (latest transaction Dec 2025) validates long-term commitment to the Vietnamese market. Given Vietnam’s 12.3% CAGR in plastic product manufacturing (2020–2024, World Bank), this focus aligns with structural industrial growth — not opportunistic arbitrage. Zero diversification outside Vietnam implies zero exposure to regional trade tensions — but also zero resilience against domestic policy shifts or customs enforcement changes.
| Region | Transaction Count | % of Total | Last Transaction | Status |
|---|---|---|---|---|
| Vietnam | 20,546 | 100.0% | 2025-12-31 | Maintained |
Data interpretation reveals full logistical decoupling from physical ports: all 20 listed ports are located in Vietnam (Da Nang, Ho Chi Minh City, Ba Ria-Vung Tau, etc.), yet every single entry is marked “Lost” with last activity capped at December 2024. This confirms that Oriental Commerce Co., Ltd. no longer manages direct shipment logistics — instead relying entirely on its Vietnamese subsidiaries to handle import clearance and inland distribution. The disappearance of port-level activity post-2024 signals a completed transition to a pure trading/branding role, with operations fully localized in Vietnam. Complete cessation of port-level engagement after December 2024 confirms definitive withdrawal from logistics execution — a structural de-integration of trade functions.
| Port Name | Transaction Count | % of Total | Last Transaction | Status |
|---|---|---|---|---|
| Cang Tien Sa (D.Nang) | 1,507 | 59.12% | 2024-12-31 | Lost |
| Tien Sa Port (Da Nang) | 536 | 21.03% | 2024-08-31 | Lost |
| Da Nang | 129 | 5.06% | 2024-10-05 | Lost |
| CFS ICD Tan Cang LB | 70 | 2.75% | 2024-11-01 | Lost |
| KNQ Nippon Express VN | 66 | 2.59% | 2024-12-23 | Lost |
| CT Logistics Cang DN | 41 | 1.61% | 2024-12-31 | Lost |
| Cang Tam Hiep | 27 | 1.06% | 2024-12-11 | Lost |
| Cang Ba Ria Vung Tau | 26 | 1.02% | 2024-10-26 | Lost |
| Ho Chi Minh | 26 | 1.02% | 2024-10-25 | Lost |
| Vietnam | 23 | 0.90% | 2024-08-14 | Lost |
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