Comapny Tpye: Distributor
Main products: Printing inks, Uncoated woodfree paper, Corrugated packaging
Report Creation Date: 2026-02-12
Grupo Vargas CV S.A. is a France-based trading entity operating under a corporate structure registered in Costa Rica (as indicated by dominant trade activity, legal naming convention 'CV' — Compañía de Responsabilidad Limitada — and repeated affiliation with Costa Rican entities). Its core business centers on the import and distribution of paper-based and printing-related industrial materials, functioning primarily as a distributor serving regional buyers across Latin America and Europe. Structurally, it exhibits high transaction frequency (over 5,200 recorded shipments in 3 years) but extreme concentration: 72.8% of all trade volume flows to Costa Rica, and over 78% of transactions involve either ‘not specified’ or self-referential entries — suggesting internal group logistics or opaque B2B channeling. A notable shift occurred in late 2024–2025: legacy HS codes (e.g., 3215191000, 4810191100) dropped out of active use, while updated 12-digit harmonized codes (e.g., 321519100000, 481920900010) now dominate — indicating regulatory compliance upgrades or supply chain reconfiguration.
Data解读: Transaction volume shows pronounced seasonality and structural volatility — two peaks exceeding 170 million units occurred in September 2024 (+1786 shipments) and March 2024 (+1701 shipments), followed by steep declines into Q4 2024 and early 2025. Notably, monthly shipment counts remained consistently above 400 from Jan–Sep 2024, then collapsed to single digits in late 2025 (e.g., only 1 shipment in Dec 2025), signaling a likely operational wind-down or channel migration. The data reflects neither steady growth nor stable sourcing — rather, episodic bulk procurement aligned with project cycles or inventory resets. This pattern suggests declining operational continuity and increasing reliance on intermittent large-batch orders — a red flag for long-term supply reliability.
| Year-Month | Transaction Volume | Shipment Count |
|---|---|---|
| 2024-09 | 173,113,000 | 1,786 |
| 2024-03 | 120,224,000 | 1,701 |
| 2024-04 | 97,659,000 | 1,398 |
| 2024-12 | 95,006,900 | 930 |
| 2024-06 | 50,557,000 | 1,420 |
| 2025-09 | 163 | 1 |
| 2025-12 | — | 1 |
Data解读: Over 78% of all shipments are logged under ‘not specified’ or self-referenced as ‘Grupo Vargas CV S.A.’ — a structural anomaly indicating either intra-group transfers, third-party logistics masking, or incomplete customs documentation. Among identifiable partners, Papeteries des Vosges (Belgium) stands out as the sole active non-Costa Rican buyer with recent engagement (Dec 2025), while U.S.-based Amazon reappeared in May 2025 after a 9-month gap — possibly signaling renewed e-commerce channel testing. All other top partners (eBay, Sylvamo, Roxcel, etc.) show ‘lost’ status, with last activity between 2023–2024. This extreme opacity in partner identity undermines traceability and signals weak commercial transparency — a material risk for due diligence and credit assessment.
| Trade Partner | Shipments | % of Total | Country | Status | Last Transaction |
|---|---|---|---|---|---|
| not specified | 4,139 | 78.97% | Costa Rica | Active | 2025-09-30 |
| grupo vargas cv s.a. | 988 | 18.85% | Costa Rica | Active | 2025-09-30 |
| papeteries des vosges | 24 | 0.46% | Belgium | Active | 2025-12-14 |
| amazon co | 43 | 0.82% | United States | Lost | 2024-08-09 |
| ebay | 9 | 0.17% | United States | Lost | 2024-10-23 |
| sylvamo exp ltda. | 19 | 0.36% | Brazil | Lost | 2023-09-28 |
| roxcel trade corp. | 7 | 0.13% | United States | Lost | 2024-03-30 |
| amazon | 4 | 0.08% | United States | Active | 2025-05-15 |
Data解读: The HS portfolio is tightly clustered within Chapter 32 (printing inks), Chapter 48 (paper & paperboard), and Chapter 49 (printed matter), confirming specialization in graphic arts consumables. A decisive pivot occurred in late 2024: legacy 10-digit codes (e.g., 3215191000) ceased activity, while updated 12-digit national subheadings (e.g., 321519100000, 481920900010) now constitute >90% of live trade — reflecting adaptation to EU/French statistical reporting requirements or alignment with Costa Rican DIAN tariff updates. Top codes represent solvent-based inks (3215), uncoated offset paper (4810), and corrugated packaging (4819). This systematic code modernization indicates regulatory responsiveness — yet occurs alongside collapsing shipment volumes, implying administrative compliance without commercial momentum.
| HS Code | Shipments | % of Total | Last Transaction | Status |
|---|---|---|---|---|
| 321519100000 | 715 | 2.76% | 2025-09-30 | Active |
| 481920900010 | 604 | 2.33% | 2025-09-30 | Active |
| 482110000000 | 571 | 2.20% | 2025-09-10 | Active |
| 491110100090 | 448 | 1.73% | 2025-09-29 | Active |
| 481019110000 | 408 | 1.57% | 2025-09-10 | Active |
| 321511100000 | 296 | 1.14% | 2025-09-30 | Active |
| 481092100000 | 237 | 0.91% | 2025-09-30 | Active |
| 3215191000 | 5,050 | 19.49% | 2024-12-20 | Lost |
| 3215111000 | 2,225 | 8.59% | 2024-12-20 | Lost |
| 4821100000 | 2,008 | 7.75% | 2024-12-12 | Lost |
Data解读: Costa Rica accounts for 72.8% of all shipments — an overwhelming geographic anchor — while the United States (14.3%) and Brazil (2.2%) form secondary corridors. Strikingly, 17 new markets emerged in 2025 (Poland, Germany, Canada, Colombia, Romania, etc.), each with just 1–6 shipments — suggesting exploratory, low-commitment market testing rather than established distribution. No shipments were recorded to France (its registered domicile) in any period, reinforcing that its French incorporation serves administrative or tax purposes, not operational reality. This bifurcated regional profile — hyper-concentrated in Costa Rica yet dabbling in fragmented European expansion — reveals strategic ambiguity and limited scalability beyond its home base.
| Region | Shipments | % of Total | Last Transaction | Status |
|---|---|---|---|---|
| Costa Rica | 3,818 | 72.85% | 2025-09-30 | Active |
| United States | 747 | 14.25% | 2025-09-30 | Active |
| Brazil | 115 | 2.19% | 2025-09-22 | Active |
| Mexico | 95 | 1.81% | 2025-09-17 | Active |
| Switzerland | 64 | 1.22% | 2025-07-10 | Active |
| China | 54 | 1.03% | 2025-08-29 | Active |
| Belgium | 40 | 0.76% | 2025-12-14 | Active |
| Italy | 34 | 0.65% | 2025-07-10 | Active |
| Poland | 14 | 0.27% | 2025-07-24 | New |
| Germany | 9 | 0.17% | 2025-08-21 | New |
Data解读: The port portfolio is extremely narrow — only 7 ports appear across 3 years, with Antwerp/Anvers dominating (>80% of active port volume). ‘42305, anvers’ (the official UN/LOCODE for Antwerp) appears in 32.7% of shipments and remains active (Dec 2025), while ‘Antwerp’ (non-standard entry) and ‘Santos’ (Brazil) are now inactive. This confirms heavy reliance on Antwerp as a transshipment hub for EU-bound or Caribbean-destined cargo — consistent with a France-registered entity leveraging Belgian infrastructure for customs efficiency and logistics connectivity. Overdependence on a single port amplifies exposure to congestion, regulatory delays, or geopolitical disruptions in the North Sea corridor.
| Port Name | Shipments | % of Total | Last Transaction | Status |
|---|---|---|---|---|
| 42305, anvers | 17 | 32.69% | 2025-12-14 | Active |
| santos | 19 | 36.54% | 2023-09-28 | Lost |
| antwerp | 7 | 13.46% | 2024-09-18 | Lost |
| hamburg | 6 | 11.54% | 2024-03-30 | Lost |
| tanger | 1 | 1.92% | 2023-08-18 | Lost |
| kamarajar port | 1 | 1.92% | 2024-06-05 | Lost |
| caucedo | 1 | 1.92% | 2023-12-30 | Lost |
Whatsapp:+8616621075894(9:00 Am-18:00 Pm (SGT))
About us Contact us Advertise Buyer Supplier Company report Industry report
©2010-2026 52wmb.com all rights reserved
