Lim Joo Huat Enterprises Pte Ltd.
Business Opportunity Assessment Report

Comapny Tpye: Distributor

Main products: Fresh ginseng, Garlic, Ginger

Report Creation Date: 2026-07-11

Company Snapshot

Lim Joo Huat Enterprises Pte Ltd. is a Singapore-registered private limited enterprise headquartered at 6 Chin Bee Avenue #10-02, Singapore 619930. The company operates as a specialized distributor of fresh and dried horticultural commodities—including ginseng, garlic, ginger, onions, and tropical fruits—primarily sourcing from Vietnam and Ethiopia. Its trade activity is highly concentrated in agricultural HS codes (e.g., 07096010 for fresh ginseng), with over 87% of transactions directed to Vietnam-based partners. A notable surge in transaction volume occurred in late 2024–early 2025, peaking at 9,960 units in December 2024, followed by sustained high-frequency trading (>100 monthly transactions) through mid-2026.

Company Attribute Information

Field Value
Company Name Lim Joo Huat Enterprises Pte Ltd.
Data Source Customs transaction records (2023–2026), corporate registry (ACRA Singapore)
Country of Origin Singapore
Address 6 Chin Bee Avenue #10-02, Singapore 619930
Core Products Fresh ginseng (HS 07096010), garlic (HS 07020000), ginger (HS 07142090), onions (HS 07031000), tropical fruits (HS 08109092, 08055020)
Company Type Distributor

Trade Trend Analysis

Data解读: Transaction volume shows pronounced seasonality and volatility — two extreme peaks occur in December 2024 (9,960 units) and August 2025 (8,847 units), both exceeding 8,000 units, while lows fall below 1,500 units (e.g., Jan 2025: 1,215). Frequency remains consistently high (≥24 transactions/month since 2024), indicating operational maturity and stable order cadence rather than project-based procurement. The 2026 rebound (e.g., May 2026: 30 units but only 2 transactions) suggests a strategic shift toward larger-batch, lower-frequency fulfillment. A structural transition from high-frequency micro-orders to consolidated shipments is underway, implying evolving logistics partnerships and inventory management sophistication.

Year-Month Transaction Volume Transaction Count
2026-05 30 2
2026-04 6,837 94
2026-03 6,354 97
2026-02 5,940 88
2026-01 3,938 86
2025-12 8,408 146
2025-11 5,493 96
2025-10 2,758 55
2025-09 5,566 102
2025-08 8,847 166

Trade Partner Analysis

Data解读: Trade is overwhelmingly dominated by one partner — Công Ty TNHH Thương Mại Và Xuất Nhập Khẩu Cathay (Vietnam), accounting for 68.3% of all transactions and maintaining active trade through May 2026. Secondary partners are fragmented and mostly inactive: Ant Farm One Member Co., Ltd. (Vietnam) and Falcon Agrifriz Foods (India) show no activity since 2024, while new entries from Peru and Ecuador appear only once each in 2025–2026. This reflects a tightly coupled, relationship-driven model with minimal portfolio diversification. Over-reliance on a single Vietnamese partner introduces significant counterparty concentration risk, with no evident mitigation strategy observed in recent trade behavior.

Trade Partner Country Transaction Count % of Total Latest Trade Status
Công Ty TNHH Thương Mại Và Xuất Nhập Khẩu Cathay Vietnam 1,347 68.27% 2026-05-29 Maintained
Ant Farm One Member Co., Ltd. Vietnam 351 17.79% 2024-08-19 Lost
Joytech Co., Ltd. Ethiopia 210 10.64% 2026-04-25 Maintained
Công Ty TNHH Một Thành Viên Ant Farm Vietnam 37 1.88% 2024-11-11 Lost
Hoek Flowers Bogota S.A.S. Colombia 14 0.71% 2024-12-10 Lost
Falcon Agrifriz Foods Private India 12 0.61% 2025-04-03 Lost
Grupo Trebol S.A. de C.V. Peru 1 0.05% 2025-08-15 New
Rosas del Corazon Rosaslesandi Cia. Ltda. Ecuador 1 0.05% 2026-03-21 New

HS Code Analysis

Data解读: HS coverage spans 20 distinct agricultural classifications, yet the top five codes (07096010, 07020000, 07142090, 07099990, 07099300) collectively represent 46.3% of all transactions — signaling strong product focus on root vegetables and specialty botanicals. All top codes correspond to fresh or dried unprocessed produce (not processed, canned, or frozen), aligning with Singapore’s role as a regional re-export hub for premium Asian horticulture. No overlap with processed food (HS 20+), packaging (HS 48/49), or machinery (HS 84/85) confirms strict vertical specialization. This deep alignment with primary agricultural imports highlights resilience against tariff escalation on processed goods but exposes vulnerability to phytosanitary regulation changes in key destination markets.

HS Code Description Transaction Count % of Total Latest Trade Status
07096010 Fresh ginseng 425 21.56% 2026-04-24 Maintained
07020000 Garlic 140 7.10% 2026-04-24 Maintained
07142090 Ginger 119 6.04% 2026-04-24 Maintained
07099990 Other fresh vegetables (n.e.c.) 115 5.83% 2026-04-24 Maintained
07099300 Fresh shallots & scallions 110 5.58% 2026-04-24 Maintained
08109092 Other fresh berries (e.g., goji) 104 5.28% 2026-04-24 Maintained
07129000 Dried vegetables (n.e.c.) 103 5.23% 2026-04-25 Maintained
12119000 Dried medicinal plants (e.g., astragalus) 103 5.23% 2026-04-25 Maintained
07069000 Fresh leeks & other alliaceous vegetables 71 3.60% 2026-04-24 Maintained
07093000 Fresh onions 66 3.35% 2026-04-24 Maintained

Trade Region Analysis

Data解读: Vietnam dominates as both origin and destination — representing 87.9% of all trade activity and hosting the sole active high-volume partner. Ethiopia is the only other consistently maintained market (10.6%), likely serving African distribution channels via Joytech Co., Ltd. All other regions (Colombia, India, Peru, Ecuador) contribute <1% combined and show zero repeat engagement — suggesting exploratory or one-off trial shipments rather than established commercial relationships. Geographic exposure is functionally binary (Vietnam + Ethiopia), limiting scalability beyond current corridors without deliberate market development investment.

Region Transaction Count % of Total Latest Trade Status
Vietnam 1,735 87.94% 2026-05-29 Maintained
Ethiopia 210 10.64% 2026-04-25 Maintained
Colombia 14 0.71% 2024-12-10 Lost
India 12 0.61% 2025-04-03 Lost
Peru 1 0.05% 2025-08-15 New
Ecuador 1 0.05% 2026-03-21 New

Export Port Analysis

Data解读: The port data is extremely sparse — only three ports appear across three years, all with ≤12 transactions and no recent activity except Quito (1 transaction, March 2026). Ahmedabad Air (India) accounts for 80% of recorded port usage but has been inactive since April 2025. This suggests reliance on air freight for time-sensitive horticultural goods, but with no visible consolidation around a core logistics node — indicating ad-hoc routing rather than optimized supply chain design. Absence of major regional hubs (e.g., Singapore Changi, Ho Chi Minh City Tan Son Nhat) in the top ports implies third-party forwarding arrangements or indirect shipment routing, reducing visibility and control.

Port Transaction Count % of Total Latest Trade Status
Ahmedabad Air 12 80.00% 2025-04-03 Lost
Bogota 2 13.33% 2024-12-10 Lost
Quito 1 6.67% 2026-03-21 New

Contact Information

Company Trade Summary

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