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How to import from China
2008-08-05
How to import from china
Because of the trend of globalization and advancing in the world trade, especially after China enter the WTO, to import products directly from China is becoming easier and easier. You can easily find a new business opportunity or profit growth by directly importing products from China. Here are some steps which you may need during you are importing products from China. Steps
1. search the products that you think the consumer will buy. Before importing, you need to survey your home market thoroughly, its customers needs, You need to survey your home market thoroughlly, its customers needs, what they are willing to pay, the local terms and condition, then start to find the products according to the survey. The methods of searching the products you want are quite a lot. But the most convenient and comprehensive is the internet. On the internet, there are numerous sources of the products you are interested in. And what’s more, you can get some services about the products from it, also, you can register you username and state the products you want to import on the internet, Through that, you will get a lot of supplying information of the products from it. 2. get touch with the suppliers Among the tons of supplying information, you should be wise to select some potential suppliers that you deserved to cooperate with them. Then, get into details about the product you want to import, price, quality, material, and discuss the price and trade relationship with them. Obtain the product samples and discuss the shipment and the payment. After an agreement, start to place a trial order.
3. know the trade terms Before placing a trial order, you should read and confirm the shipment and the payment terms with your suppliers, like FOB and CIF. This is very important and will relate to the trade you do later. You can consult an import management company and a freight forwarder for detail break-down on the costs and risks. You can also use an import management company to negotiate the trade terms.
4. know the compliance issues You need to understand the relevant import compliance regulations beforehand. Besides US Customs and Border Protection, other government authorities like USDA, FDA, DOT, and ATF also regulate the importation. You can download the forms from these agencies’ websites, and then read them in details. It is highly recommended to consult a good Customs House Broker before placing any order. 5. select a forwarder and Customs House Broker. To select the forwarder and Customs House Broker, you need to go to your local international trade organization and Customs office to find the list. Then visit them, and select the one you like. If this is the first time you import products from China, you should use more individualized services, because you need more attention than you would expect.
6. Place a trial order with a written Purchase Order. You should type out a detailed description of the products and trade terms, also list all shipping documents you need in the purchase order. 7. Transportation and Customs clearance. You must give a power of attorney to your forwarder and Customs House Broker for your importation. What’s more, you need to track the process and assistance of the transportation because the transportation and Customs clearance should be taken care of.
8. Receive the products and keep the records. This is the last step you should do during your importation from China. You can sale the products on your local market.
Welcome to import products from China again. The credibility and good reputation of products made in China becomes more and more well-known to the world people during these year because of the market competition. A demoralized compnay or agent Can just cheat customers once, they cannot go far and will be kick out of the game soon. So, I think you will be have a nice cooperation with Chinese suppliers.
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