Import Jute Hessian Cloth: Santiago González Sebastián Sandoval Nathalia Silva Francia Buitrago

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Import

Jute Hessian Cloth


Santiago González
Sebastián Sandoval
Nathalia Silva
Francia Buitrago
PRODUCT
• The product to be imported is Jute
Hessian cloth in rolls presentation,
this is the most convenient form for
the final packaging of our product.

• Several studies have confirmed that


the quality of a product in the tobacco
industry stands or falls with the
quality of the packaging material.
• Jute is known as the 'golden fiber', is one of
the longest and most widely used natural
fibers for various textile applications.
• Jute is a long natural fiber that is produced
from plants of the genus Corchorus and is
made from cellulose and lignin from the
plant.
• This fiber has numerous uses, including the
manufacture of biodegradable packaging
material, such as jute bags or bales, it´s
recognized as the second most important
vegetable fiber in the world, only behind
cotton, in terms of consumption and global
production.
Official name: Switzerland.
Capital: Berne.
EXPORTING Land Area: 39,516 sq. km.
COUNTRY Official Language(s): German, French,
INFORMATI Italian,
Population: 8,4 million (2017).
ON Currency: Swiss franc.
GDP 2018 (US$): 709.1
GDP 2018 per capita (US$):
83,583
ECONOMY
Switzerland is the 20th economy by volume of
GDP. Its public debt in 2016 was 253,437 million
euros, with a debt of 41.84% of GDP. Its per
capita debt is € 30,101 per inhabitant. The last
annual variation rate of the CPI published in
Switzerland is June 2018 and was 1.2%.
The GDP per capita is a very good indicator of
the standard of living and in the case of
Switzerland, in 2018, it was € 70,404 euros. This
figure assumes that its inhabitants have a good
standard of living, since it ranks number 4 in the
ranking of 196 countries in the ranking of GDP
per capita
TRADE BALANCE OF SWITZERLAND

EXPORTS OF
SWITZERLAND

Source: OEC (2017)

In 2017 Switzerland exported $ 285 milliards, which is the 18th


largest exporter in the world.
IMPORTS OF
SWITZERLAND

Source: OEC (2017)

In 2017 Switzerland imported $ 273 milliards, making it the


17th largest importer in the world.
WHY IMPORT FROM SWITZERLAND?

Colombia is almost the only country in the


In the same way, we import from
world where Switzerland has a
Switzerland by its EFTA commercial
representation of three cooperation
agreement made up of Norway, Switzerland,
programs at the same time, namely: the
Iceland and Liechtenstein. For this purpose,
humanitarian program with development
flexible rules were agreed upon within the
components of the SDC, the human rights
agreement that will allow the importation of
and peace promotion program of the
threads and fabrics from third countries in
Division of Human Security (DSH), and the
the matter of textiles, in our case, jute fiber.
economic cooperation program of the SECO.
• For the past ten years, organic agriculture has been
developing dynamically in Switzerland. The area of
agricultural land being farmed according to organic
standards is expanding rapidly. By end 2000,
agricultural land used for organic farming reached
PRODUCTIO some 95 000 ha (9.0 percent), including land in
conversion to organic. Since 1990, organic farms
N OF JUTE have increased almost eight-fold. By end 2000,
there were 5 850 organic farms, or 9.2 percent of all
agricultural holdings in Switzerland. Further
growth in farm conversions to organic agriculture is
to be expected in the next few years, albeit at a less
rapid growth rate .
COMPANIES (IMPORTING-EXPORTING)

RUT INFORMATION RUT INFORMATION

Company name: MEXIM S.A Company name: Comercializadora Internacional CDF Colombia S.A
VAP :27160619787 NIT: 900154535-4
Commercial Registration: CHE-100.911.681 Commercial Registration: 253419-09
Activity CIN: PCMC-LNT-00025320 Activity CIN: C1200 - ELABORATION OF TOBACCO PRODUCTS
Legal Represent: Monsieur Denis Calomeni Legal Represent: Oscar Gerardo Patrón Guevara
CC. 3228031
IMPORTING
DOCUMENTS
Definitive invoice in English: A
presentation in a minimum of one
copy, without a specific format, it
must contain the usual mentions in
this type of documents.
Packing list.
Certificate of origin.
Bill of lading.
Phytosanitary certificate (DRFI).
UNITARIZATION OF THE
MERCHANDISE

88 jute rolls with the next specifications:


 Width: 1m To fill the 1x20ft container due
 Length: 400 m
MEXIM S.A. politics.
 Weight: 110 grm/m2
UNITARIZATION OF THE
MERCHANDISE
 According to the negotiation in DDP, the total price of the
purchase would be COP$ 56’256.868, estimating that the
unit price of each 400 m2 roll is COP$ 639.283.

 Each of these rolls covers the packaging of exactly 66 bales


of virginia-cured tobacco leaves and for each of these
approximately 6m2 of jute are needed.

COP$639.283 per roll / 66 bales = COP$ 9.686

 Resulting in a packaging cost of each package of COP$ 9.686.

 In the export process we used COP$ 10.000 as a price for


each bale packed, this import is positive for CDF Colombia,
since for each bale packed we would save COP$ 314.
CARGO SPECIFICATIONS
-The total capacity of the container for the
merchandise is 28280 kg (28.2 tons)
-The height capacity of the container after
the pallet factor is 2,235 mm.
-11 Euro pallets are going to be used to
locate the merchandise, each one weighs
around 30kg, which in --total is 330 kg.

-The capacity of the container for


merchandise after subtracting the weight of
the pallets is 27,959 kg.
-8 rolls can be carried per pallet (2 at the
base) which in the 11 pallets represent a
total of 88 rolls.
-The euro-pallet will be used by the exporter.
The transport process of the merchandise will be
carried out from the city of origin in Chittagong,
Bangladesh, to the destination city Cartagena de
Indias, Colombia for that the following it is
proposed:
• International route
Transport process The company that will carry out the
international transportation of the import will be
APL. This route is divided into two stretches: the
first one from the port of Chittagong in
Chittagong, Bangladesh to the PSA Terminal in
Singapore, Singapore and the second stretch
from the PSA Terminal in Singapore, Singapore
to the port of Cartagena in Cartagena, Colombia.
Transport
The transport process of the merchandise
will be carried out from the city of origin in
Chittagong, Bangladesh, to the destination
city Cartagena de Indias, Colombia for that
the following it is proposed:
International route from Chittagong port to
PSA Singapore
Transport
International route from PSA Singapore to Cartagena port
MARITIME TRANSPORTATION AGENT

Name: American President Lines Ltd.


NIT: 900082055-0
Address: Calle 93B No 17-25 Of. 412, Bogotá.
Tel: +57 (1)7460430
• The merchandise will be transported from
the port of Cartagena to the company by
the following transportation company:

NATIONAL ROUTE

Name: Cooperativa Santandereana de Transportes Ltda.


NIT: 890200928-7
Address: Cra. 56 #2A, 25 esquina con Calle 1
Tel: 6570399
• After contacting MEXIM S.A. by email, they
said that the letter of credit isn’t convenient
for such a small amount (US$ 17,897.85)
because it could be very expensive and most
Method of of their clients including Coltabaco and CDF
Colombia are paying 25% at order
payment: bank confirmation and balance of 75% against
presentation of shipping documents and this
transfer method is cheaper and easier.
• Then, the method of payment is going to be
a bank transfer, using Bancolombia from
Colombia and HSBC Private Bank (Suisse) S.A
– Geneva in Switzerland.
• This payment is divided into two dues:
• The first one is done when the order is
confirmed by MEXIM S.A., this amount is
the 25% of the total order and is
equivalent to US$ 4,474.46.
Method of • The second part of the payment is done
when MEXIM S.A. send the shipping
payment: bank documents certifying that the
merchandise left the port of Chittagong
transfer in Bangladesh (December 7th, 2018), this
amount is the 75% of the total order and
is equivalent to US$ 13,423.38.
TARIFF
 The tax for import jute from Switzerland is 0%

 But the tax payment (IVA) is 19%

 And the tax for international trades for import is 4%


TABLE
COST

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