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ABRAMS.wiki provides you with genuine shipments, location, competitors, buyers, customers, suppliers, supply chain, products, product portfolio, contacts, employees, turnover of:

Fung Wah Trading Co Hongkong

Unit 1405A-C, 14/F, Chung Kiu Commercial Bldg., 47051 Sangtung St, Mongkok, Kin HK
Last updated: August 11, 2020
Import
Export

Where does Fung Wah Trading Co Hongkong buy?

no data available

no data available

To whom does Fung Wah Trading Co Hongkong sell?

To Công TY Tnhh AN Khang & Hảo Vận
Số 6 Nguyễn Khuyến, Phường Cầu Đất, Quận Ngô Quyền, Hải Phòng VN

shipments sent:
29
customer share:
14 %

HS or HTS codes are a global standard used to describe the type of goods being shipped (Harmonized Commodity Description and Coding System).The World Customs Organization (WCO) manages the Harmonized Tariff Description and Coding System (HTS). Over 170 countries participate in the WCO's HTS system. The first six digits of the HTS code marking of all articles in international trade are the same for all countries using the HTS. The last two or four digits are country-specific. In many countries these last four digits represent the tariff rate and suffix for the statistical reports of the trade balance of imported goods.

HS codes:
2
7 customersexplore

Which products does Fung Wah Trading Co Hongkong buy?

no data available

no data available

Which products does Fung Wah Trading Co Hongkong sell?

HS or HTS codes are a global standard used to describe the type of goods being shipped (Harmonized Commodity Description and Coding System).The World Customs Organization (WCO) manages the Harmonized Tariff Description and Coding System (HTS). Over 170 countries participate in the WCO's HTS system. The first six digits of the HTS code marking of all articles in international trade are the same for all countries using the HTS. The last two or four digits are country-specific. In many countries these last four digits represent the tariff rate and suffix for the statistical reports of the trade balance of imported goods.

HS code: 240220
Cigarettes, containing tobacco

observed in number of shipments:
74
24 products soldexplore

From which countries does Fung Wah Trading Co Hongkong buy?

no data available

no data available

To which countries does Fung Wah Trading Co Hongkong sell?

to Vietnam

number of shipments:
207
country's share in shipments:
100 %
weight of shipments:
12.6 t
1 export countryexplore
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Market analysis methodology:
from raw statistical data to Artificial Intelligence (AI)

ABRAMS world trade wiki as a partner of UN Comtrade (database of the United Nations) as well as the OECD (Organisation for Economic Co-operation and Development) analyzes billions of statistical data as well as freight and customs data using intelligent algorithms as well as Artificial Intelligence (AI) and has developed a "unique business intelligence portal" on this basis (quote UN Comtrade / References).

On this page you will get insights into the market activities of Fung Wah Trading Co Hongkong which have been individually prepared by our research team.

Take a free peak at the latest shipments from your competitor, supplier or customer!

Get information about suppliers, customers and products from your main competitor, by analyzing his latest shipments or select a different company 
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Multi-level supply chain transparency

ABRAMS world trade wiki not only shows direct suppliers and buyers of the first tier (Tier-1). Our tool Supply Chain Intelligence breaks the visibility barrier beyond Tier-1, enabling a comprehensive insight into the entire supply chain network, providing multi-tier transparency with just one click.

Supply Chain Intelligence - Export and Import
Supply Chain Intelligence - suppliers
Supply Chain Intelligence - customers
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Explore the Product Portfolio in Import and Export of Fung Wah Trading Co Hongkong!

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Compare Fung Wah Trading Co Hongkong with Similar Companies!

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Icon shopping basketPurchase
What does the supply chain of Fung Wah Trading Co Hongkong look like?

Generally you can differentiate the supply chain or supply network of Fung Wah Trading Co Hongkong by two perspectives:

  • The supplier side (a so-called Tier-1-supplier is a direct supplier, Tier-2 is a supplier of the Tier-1 supplier, Tier-n is a supplier at any level in the Fung Wah Trading Co Hongkong supply network).
  • The buyer side (a so-called Tier-1 buyer is a direct buyer, Tier-2 is a buyer of the Tier-1 buyer, Tier-n is a buyer at any level in the Fung Wah Trading Co Hongkong distribution network).

To ensure business stability and continuity, a supply chain or supply network must be constructed in such a way that external influences can cause as little damage as possible to Fung Wah Trading Co Hongkong. This applies both in the area of procurement (the loss of a supplier must be covered by an alternative supplier) as in the area of sales (the loss of a buyer must be covered by an alternative buyer).

Risks can generally be considered as the non-availability of goods, through cutback or complete halt of production, or the potential loss of business partners, violating compliance rules (e.g. protection of the environment, labor legislation) and thus drop out of the supply network.

This risk should not necessarily be limited to the direct business partner (Tier 1), it involves the entire supply chain, unless sufficient alternative suppliers and buyers have been put in place.

Get an overview of the international supply chain of Fung Wah Trading Co Hongkong (upstream/procurement and downstream/sales) from Tier-1 to Tier-n

E.G.: Tier-1 Buyer Công TY Tnhh AN Khang & Hảo Vận

ABRAMS world trade wiki not only shows direct suppliers and customers of the first tier (Tier-1). With just one click in our tool Supply Chain Intelligence you get a comprehensive insight into the supply network with multiple tiers (Tier-n) beyond the first tier.

Is the supply chain of Fung Wah Trading Co Hongkong stable?

Each tier in the supply chain or supply network on the supplier side of Fung Wah Trading Co Hongkong involves a single risk. The more tiers, the more difficult it is to analyze and monitor the business partners. Suppliers of suppliers are generally unknown, so there is already an increasing risk at the second (Tier 2) level.

If e.g. a first Tier supplier is not adding any value, the supply chain can be shortened and the risk of failure can be minimized by skipping this supplier. A previous Tier-2 supplier now turns into a Tier-1 supplier, which we call "go-direct". In our tool Supply Chain Intelligence as far as international suppliers are concerned, this analysis can be done with one click:

Analyze the potential of shortening and therefore stabilizing the supply chain of Fung Wah Trading Co Hongkong

Icon hand holding a business cardSales
Who are the buyers of Fung Wah Trading Co Hongkong?

The performance of a company depends fundamentally on its buyers. Therefore, a largest possible base of stable buyers is crucial. A total of 7 international buyers of Fung Wah Trading Co Hongkong could be identified in bills of lading. For example, one of the buyers is the company Công TY Tnhh AN Khang & Hảo Vận, which has received 29 shipments.

An important destination country identified for the sale of products: Vietnam. 207 shipments of goods were shipped to this country in the period covered.

Get an overview of the international sales and its 7 buyers of Fung Wah Trading Co Hongkong with Company Transparency.

Which products does Fung Wah Trading Co Hongkong sell?

Based on the analysis of international bills of lading (bill of lading/ bills of lading/ BOL), a total of 24 different product categories sold by Fung Wah Trading Co Hongkong, can be identified.

These are classified by means of HS codes (HTS codes or customs tariff numbers).

For example, HS code 240220 classifies the following products:

„Cigarettes, containing tobacco". This HS code was sighted 74 times in total.

From the product descriptions of the analyzed bills of lading (bill of lading/ bills of lading/ BOL), the following sold product can be identified:

  • MỘC NHĨ KHÔ - Auricula auricula-judae ( HÀNG KHÔNG THUỘC DANH MỤC CITES ) MỘC NHĨ KHÔ - Auricula auricula-judae ( HÀNG KHÔNG THUỘC DANH MỤC CITES ) NẤM HƯƠNG KHÔ - Lentinula edodes ( HÀNG KHÔNG THUỘC DANH MỤC CITES )

Get an overview of internationally sold products by Fung Wah Trading Co Hongkong with Company Transparency

Is Fung Wah Trading Co Hongkong able to optimize its profits on the buyer side of the supply chain? (downstream)

Each tier in the buyer side of the supply chain or supply network of Fung Wah Trading Co Hongkong is adding value and therefore costs. The more tiers, the more expensive the product gets. Supply chains are normally not very transparent, trade secrets are part of the survival tactics in each stage of the value chain, especially for trading companies.

If e.g. a Tier-1 buyer from Fung Wah Trading Co Hongkong that primarily trades products and doesn’t add any value (only fulfills the distributor function) it is possible to shorten the supply chain downstream giving a potential to optimize profit margins for Fung Wah Trading Co Hongkong. A previous Tier-2 buyer now turns into a Tier-1 buyer, which we call "go-direct". In our tool Supply chain Intelligence as far as international buyers are concerned, this analysis can be done with one click:

Analyze the potential to shorten the supply chain and optimize the profit margins on the sales side of Fung Wah Trading Co Hongkong

Icon handshakeReliability
Is Fung Wah Trading Co Hongkong a reliable supplier?

Each company contributes significantly minimizing risks for its buyers, through its own stability. Internal risks (endogenous factors) can be e.g. financially (financial ratios, free cash flow, balance sheets) or operationally (production, lead times). Since 2021, external risks have increased due to worldwide shortages and are an important factor as to whether a supplier such as Fung Wah Trading Co Hongkong can itself reliably deliver due to external dependencies (exogenous factors).

To assess this, data analysis should be conducted to get practical answers:

Which buyers does Fung Wah Trading Co Hongkong consistently sell to over a long period of time that can be identified as a good reference?

Does Fung Wah Trading Co Hongkong have problems supplying at the moment?

The more constant outgoing shipments of a company’s, the easier it is to assess potential problems for a supplier like Fung Wah Trading Co Hongkong

Operational aspects like a stable supply chain, an in-house production and reliable logistics define sustainable performance.

Since 2021, global supply shortages have increasingly added external factors as to whether a supplier like Fung Wah Trading Co Hongkong can deliver reliably itself through dependencies.

Based on the statistical trend of shipments (in terms of the number of shipments and respectively the quantity of goods) the current supply and performance capacity can be indirectly analyzed.

Here you can see an analysis of shipments by Fung Wah Trading Co Hongkong to international buyers in the last few months with Company Transparency

Icon chess rook pieceCompetitors
Who are the competitors of Fung Wah Trading Co Hongkong?

Generally you can differentiate the competition of Fung Wah Trading Co Hongkong by the purchase and sales perspective.

  • Start the competitive analysis on the purchase side.
  • Start the competitive analysis on the sales side.
Who are the competitors of Fung Wah Trading Co Hongkong on the purchase side?

Competitors of Fung Wah Trading Co Hongkong on the purchase side (procurement of raw materials and components for production or distribution) are exposed on ABRAMs wiki under Competitive Intelligence, purchased products, classified by HS-Codes or by top product terms.

Who are the competitors of Fung Wah Trading Co Hongkong on the sales side (selling similar products)?

Competitors on the sales side of Fung Wah Trading Co Hongkong (selling raw materials or components for production or distribution) are exposed on ABRAMS wiki under Competitive Intelligence, sold products classified by HS-Codes (e.g. 240220, 071232) or by top product terms.

Further information on shipments
from Fung Wah Trading Co Hongkong
  • shipments statistically processed according to business relationship
  • product portfolio
  • shipment history
  • and much more
Monitor with abrams.wiki Tool Company Transparency

Which companies sell similar products like Fung Wah Trading Co Hongkong?

Following companies sell similar products like Fung Wah Trading Co Hongkong:

1
Tabacalera Hernandarias SA
2
The West Indian Tobacco Co., Ltd.
3
Philip Morris China Holdings Sàrl sarl

The above information comes from sources accessible to everyone, in particular from public institutions. The initial data was not verified by inigma LLC, but used unchanged ("as is"). The aforementioned companies have neither assigned nor supported inigma LLC to publish the above information. The use of the website and the information available is subject exclusively to the General Terms and Conditions & Terms of Use of inigma LLC.

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