One of the first steps in starting an importing business from China is to familiarize yourself with all the documentation you need for an importing business. The documents and terms listed below are not exhaustive but typically form the core of most importing and exporting transactions.
Necessary Commercial Documents:
Proforma Invoice
Commercial Invoice
Certificate of Origin
Packing List
Description of goods
Customs Documents:
CPD Carnet
ATA carnet
Single Administrative Document
Intrastrat
Transportation Documents:
Sea waybill
Air waybill
Land waybill
Loading waybill
Certificates:
Health insurance
Insurance
Customs Documents:
VAT records
Form 036
Use this list to get started collection the necessary forms and documents relating to your importing business. Make sure you check with your supplier, manufacturer, wholesaler, and distributor to see if they require any additional documentation for importing or exporting.
As you importing business continues to grow, keep track of the documents required for importing to china and other countries. This way, as you start to import more from china you can do it much easier knowing the correct importing forms and documents.
As always, good luck on your importing business from china. If you need any help with your importing or exporting business be sure to contact us through our website.
China Importing Advice.
If you are interested in building an easy an lucrative business with little investment then starting an importing or exporting business might be the perfect solution for you. Importing businesses and exporting businesses offer the chance to work from home or from anywhere in the world. The best part is, you don’t need any specific training or skills and startng an importing business is as easy as having a phone and an Internet connection.
Hands down the most appealing aspect of starting an importing business is that you can make almost 10 times what a normal retailer makes selling the same goods. If you choose to starting an importing business on the wholesale side, you can make p to 5 times the normal profit as a brick and mortar retailer.
At this point you are probably thinking that starting an importing business is going to require a lot of capital and investment but that is not the case. Starting your own importing business is as easy as having a cell phone and a computer.
If ou are still interested in starting an importing business here are a few basic steps tomgetbyou started.
1. Find an item that is manufactured in China, Hong Kong, or another Asian country that you think will be successful in your home country.
2. Use www.alibaba.com to search for similar products. When you find a overseas manufacturer contact them and ask for samples.
3. If the samples meet your quality and desire, tell the factory that you would like to place an order for X amount of products built to your specifications.
4. At this stage of your Importing business you need to start negotiations with the factory. Start by negotiations price, delivery, and other specific details relating to your product.
5. Once the factory has received and started to manufacture your order you should start to look for buyers for your product. The buyers don’t need to be from your home country and you may search out wholesale buyers from home or abroad. You can start your search on the Internet, at trade shows, or by doing searches on Craigslist and EBay.
Steps 5-10 will be posted later this week.
Starting an importing business or an exporting. Usiness can be a great way to earn money on the side or as a full time business. Depending on your drive and determination you can make a very nice living for yourself with an importing business
| -How long does it take to ship from China to the US? |
 |
| Shipments from China to the United States take around 4-5 weeks. Air freighting goods from china to the United States takes about 7 days. |
 |
| -How much does ocean shipping and air shipping cost from China? |
 |
| Please see the table below for estimated shipping costs. |
 |
| Air |
| 5-40lbs |
$8.50/lb |
| 40-100lbs |
$6.50/lb. |
| 100-150lbs |
$5.00/lb. |
| 150-1000lbs |
$4.50/lb. |
| > 1000lbs |
$2.50/lb. |
|
 |
| Ocean |
| 20’ container |
$3800 |
| 40’ container |
$5000 |
| *LCL |
|
| > 1 Pallet |
$750 |
| > 1 Pallet |
$550/pallet |
|
Here is a overview of the Fed Ex shipping rates from China
| International Service |
Transit Time |
Transit Time |
|
U.S. to China |
China to U.S. |
| FedEx International First® |
3 business days as early as
10 a.m.2 |
1 business day as early as 8 a.m. |
| FedEx International Priority® |
3 business days |
1 business day as early as
10:30 a.m. |
| FedEx International Priority® Freight |
3 business days |
1 business day as early as
10:30 a.m. |
| FedEx International Economy® |
5 business days |
3 business days |
| FedEx International Economy® Freight |
5 business days |
3 business days |
Here is a list of the top 50 busiest shipping ports in the world.
| Rank |
Port |
Country |
2010[1][2] |
2009[3] |
2008[4] |
2007[5] |
2006[6] |
2005[7] |
2004[8] |
Container Traffic (in thousands TEU):
| 1 |
Shanghai |
People’s Republic of China |
29,069 |
25,002 |
27,980 |
26,150 |
21,710 |
18,084 |
14,557 |
| 2 |
Singapore |
Singapore |
28,431 |
25,866 |
29,918 |
27,932 |
24,792 |
23,192 |
21,329 |
| 3 |
Hong Kong |
People’s Republic of China |
23,699
|
20,983
|
24,248
|
23,881
|
23,539
|
22,427
|
21,984
|
| 4 |
Shenzhen |
People’s Republic of China |
22,510
|
18,250
|
21,414
|
21,099
|
18,469
|
16,197
|
13,615
|
| 5 |
Busan |
South Korea |
14,194
|
11,954
|
13,425
|
13,270
|
12,039
|
11,843
|
11,430
|
| 6 |
Ningbo |
People’s Republic of China |
13,144
|
10,502
|
11,226
|
9,349
|
7,068
|
5,208
|
4,006
|
| 7 |
Guangzhou |
People’s Republic of China |
12,550
|
11,190
|
11,001
|
9,200
|
6,600
|
4,685
|
3,308
|
| 8 |
Qingdao |
People’s Republic of China |
12,012
|
10,260
|
10,320
|
9,462
|
7,702
|
6,307
|
5,140
|
| 9 |
Dubai |
United Arab Emirates |
11,600
|
11,124
|
11,827
|
10,653
|
8,923
|
7,619
|
6,429
|
| 10 |
Rotterdam |
Netherlands |
11,140
|
9,743
|
10,784
|
10,791
|
9,655
|
9,287
|
8,281
|
| 11 |
Tianjin |
People’s Republic of China |
10,080
|
8,700
|
8,500
|
7,103
|
5,950
|
4,801
|
3,814
|
| 12 |
Kaohsiung |
Taiwan (Republic of China) |
9,180
|
8,581
|
9,677
|
10,257
|
9,775
|
9,471
|
9,714
|
| 13 |
Port Klang |
Malaysia |
8,870
|
7,309
|
7,970
|
7,120
|
6,326
|
5,544
|
5,244
|
| 14 |
Antwerp |
Belgium |
8,470
|
7,309
|
8,663
|
8,176
|
7,019
|
6,482
|
6,064
|
| 15 |
Hamburg |
Germany |
7,910
|
7,007
|
9,737
|
9,890
|
8,862
|
8,088
|
7,003
|
| 16 |
Tanjung Pelepas |
Malaysia |
6,540
|
6,000
|
5,600
|
5,500
|
4,770
|
4,177
|
4,020
|
| 17 |
Los Angeles |
United States of America |
6,500
|
6,748
|
7,850
|
8,355
|
8,470
|
7,485
|
7,321
|
| 18 |
Long Beach |
United States of America |
6,260
|
5,067
|
6,350
|
7,316
|
7,289
|
6,710
|
5,780
|
| 19 |
Xiamen |
People’s Republic of China |
5,820
|
4,680
|
5,035
|
4,627
|
4,019
|
3,342
|
2,872
|
| 20 |
New York/New Jersey |
United States of America |
5,290
|
4,561
|
5,265
|
5,299
|
5,093
|
4,785
|
4,478
|
| 21 |
Dalian |
People’s Republic of China |
5,260
|
4,552
|
4,503
|
4,574
|
3,212
|
2,665
|
2,211
|
| 22 |
Laem Chabang |
Thailand |
5,190
|
4,538
|
5,134
|
4,642
|
4,123
|
3,834
|
3,529
|
| 23 |
Bremen/Bremerhaven |
Germany |
4,890
|
4,578
|
5,529
|
4,912
|
4,450
|
3,736
|
3,469
|
| 24 |
Jakarta |
Indonesia |
4,720
|
3,800
|
3,984
|
3,900
|
3,280
|
3,282
|
3,170
|
| 25 |
Tokyo |
Japan |
4,280
|
3,810
|
4,271
|
3,818
|
3,969
|
3,593
|
3,358
|
| 26 |
Jawaharlal Nehru (Mumbai) |
India |
4,280
|
4,061
|
3,953
|
4,060
|
3,298
|
2,667
|
2,361
|
| 27 |
Valencia |
Spain |
4,210
|
3,653
|
3,593
|
3,043
|
2,612
|
2,410
|
2,145
|
| 28 |
Ho Chi Minh City (Saigon) |
Vietnam |
4,110
|
3,563
|
3,100
|
2,532
|
2,532
|
2,122
|
1,868
|
| 29 |
Colombo |
Sri Lanka |
4,080
|
3,464
|
3,687
|
3,380
|
3,079
|
2,455
|
2,221
|
| 30 |
Lianyungang |
People’s Republic of China |
3,870 |
3,021 |
3,001 |
2,001 |
1,302 |
1,005 |
N/A |
| 31 |
Jeddah |
Saudi Arabia |
3,830
|
3,091
|
3,326
|
3,068
|
2,964
|
2,836
|
2,426
|
| 32 |
Salalah |
Oman |
3,490
|
3,490
|
3,068
|
2,600
|
2,390
|
2,492
|
2,229
|
| 33 |
Port Said |
Egypt |
3,480
|
3,300
|
3,202
|
2,127
|
2,127
|
1,522
|
869
|
| 34 |
Yingkou |
People’s Republic of China |
3,340 |
2,537 |
2,030 |
1,371 |
838 |
634 |
N/A |
| 35 |
Felixstowe |
United Kingdom |
3,300
|
3,100
|
3,200
|
3,300
|
3,000
|
2,700
|
2,717
|
| 36 |
Yokohama |
Japan |
3,260
|
2,555
|
3,490
|
3,400
|
3,200
|
2,873
|
2,718
|
| 37 |
Manila |
Philippines |
3,250
|
2,815
|
2,977
|
2,800
|
2,638
|
2,625
|
2,698
|
| 38 |
Surabaya |
Indonesia |
3,040 |
1,140 |
|
|
|
|
|
| 39 |
Khor Fakkan |
United Arab Emirates |
3,020
|
2,750
|
2,112
|
1,850
|
1,730
|
1,929
|
1,819
|
| 40 |
Gioia Tauro |
Italy |
2,850
|
2,857
|
3,468
|
3,445
|
2,900
|
3,161
|
3,261
|
| 41 |
Savannah |
United States of America |
2,830
|
2,356
|
2,616
|
2,604
|
2,160
|
1,902
|
1,662
|
| 42 |
Algeciras |
Spain |
2,810
|
3,042
|
3,324
|
3,152
|
3,257
|
3,180
|
2,937
|
| 43 |
Balboa |
Panama |
2,760
|
2,012
|
2,011
|
2,167
|
988
|
663
|
|
| 44 |
Santos |
Brazil |
2,720
|
2,252
|
2,675
|
2,533
|
2,208
|
2,240
|
1,883
|
| 45 |
Bandar-Abbas |
Iran |
2,590 |
2,206 |
2,000 |
1,723 |
1,408 |
1,293 |
N/A |
| 46 |
Durban |
South Africa |
2,550
|
2,110
|
2,560
|
2,511
|
2,334
|
1,955
|
1,717
|
| 47 |
Nagoya |
Japan |
2,550
|
2,113
|
2,817
|
2,890
|
2,740
|
2,470
|
2,304
|
| 48 |
Ambarli (Istanbul) |
Turkey |
2,540 |
1,835 |
2,262 |
1,940 |
1,446 |
1,186 |
|
| 49 |
Kobe |
Japan |
2,540
|
2,247
|
2,432
|
2,432
|
2,413
|
2,250
|
2,177
|
| 50 |
Vancouver |
Canada |
2,510
|
2,152
|
2,492
|
2,307
|
2,208
|
1,767
|
1,665
|
Categories:
Uncategorized Tags:
Below is a simple to read chart outlying sample shipping rates from the Chinese port of Shenzen to other ports in the world. These rates are very flexible and can change / be negotiated at any time.
FM Shenzhen to:
EUROPE
Le Havre/Rotterdam/Hamburg/Antwerp
USD500/800/880+ORC+ENS+DOC
AMERICA
New york/Baltimore/Norfolk/Charleston/Freeport/Savannah/Jacksonville
USD2050/2500/2500+ORC+AMS+DOC
Japan
TOKYO/YOKOHAMA/NAGOYA/OSAKA/KOBE
USD280/380/380+EBS +THC+DOC
Australia
Sydney/Brisbane/Melbourne
USD760/1450/1450+THC+DOC
LCL shipment from Shenzhen/Guangzhou/Shanghai/Ningbo: USD8/CBM for Ocean Freight
| Southampton |
|
Felixstowe |
|
London |
|
Le Harve |
|
| Fos |
|
Marseille |
|
Rotterdam |
|
Antwerp |
|
| Hamburg |
|
Melbourne |
|
Sydney |
|
Brisbane |
|
| Tokyo |
|
Osaka |
|
Nagoya |
|
Bangkok |
|
The process of importing goods from China is becoming easier and easier thanks to globalization and advances in international trade technology and advances in internet suppliers. Finding a new business opportunity or increasing profit growth by importing products from China is a hot trend in modern business. While it can seem complicated at first, following these steps can pay off in both immediately and in the future.
10 Steps to Import Goods From China
Find the products you’re interested in.
Establish a relationship with potential suppliers.
As the Importer of record, you (not the supplier) are legally responsible for making sure that goods brought into the country meet all national regulatory requirements.
Select a forwarder and customs house broker.
Place a trial order with a written purchase order if everything goes well.
Appoint an inspection company to check your goods on site in the factory, and give you a detailed report
Track the transportation and customs clearance.
Receive the products and keep the records.
Do not order counterfeit or branded products, unless the supplier can prove they are an authorized reseller.
Categories:
Uncategorized Tags:
How Much Can you Make Importing Goods From China or Starting Your Own Importing Business?
One of the most popular questions asked by people starting an importing business is ‘how much money can I make from an importing business?’ The answer is put it rather simply is unlimited. There are no limitations to how much money you can make importing goods from China or starting your own importing business. There are no commission caps, no salary stops, and no high taxes levied on top earners. Your income is simply limited to how hard you want to work.
The best thing to do is start slowly. Find the products you want to import from china, find your target market, learn the rules and regulations, and then worry about how much money you are going to make. Pretty soon youll learn about suppliers, wholesalers, manufacturers, and price negotiation.
Your income will almost certifiably be determined by your sales numbers. People are have imported goods from china with Ebay and Craigslists to make a fortune. Others have built their own websites to sell the products and some have even gone the more traditional way and sold their products in person or in stores.
The best thing about starting an importing business is that competition is limited and the earnings are unlimited. Most people just know the first thing about importing and ton of money is left on the table by people who are too scared to start their own importing business. For those who do take the challenge of starting an importing business or importing goods from china the pay off is well wroth it.
Starting an importing business is both easy and fun. The demand of goods from China has opened an huge market in importing goods from China. Many people have begun to start simple work from home importing business to earn passive income on the side.
Importing businesses are usually considered the easiest to start because they require the least amount of work and the least amount of start up money. You can start your very own Importing Business from you home with nothing more than a computer and an internet connection. However, in order to have a successful importing business you will need to know all of the rules and regulations relating to importing goods from china and other countries in the world. The best thing to do is to take a look at our resource page that is dedicated to the best Importing Business Books from around the world. We also post here with the latest news, tips, and advice relating to starting an importing business and how to import from china.
To being, lets take a look at some of the popular products you can import from china
- Electronics
- Light and Heavy Machinery
- Apparel for men, women, and children
- Toys, games, and children’s products
- Furniture
- Shoes and related footwear
- Plastic made products
- Leather made goods
- Medical equipment both big and small
- Novelty Products
- Pet supplies
The products you can importing from china for your importing business are nearly unlimited. You are only limited by your imagination and the size of your potential market.
There is a lot to consider when starting an importing business. Here is a quick primer on things you should consider before starting your first importing business.
1. What is your target market and what will you be selling them?
2. Based on your target markets needs, is there a product for them?
3. Make a plan as to how you are going to get your product to your market.
Who Is Your Target Market?
Your first step in starting a successful importing business should be to decide who your target market is. Who are you trying to sell to? Do they need your product? Will they buy your product? How much will they pay for your product?
Will Anyone Buy My Product?
Now that you have found your target market for starting an importing business. It is important to see if people will actually buy your product. Here are the four basic steps you should take:
1. Check out the current competition? Are they a lot of businesses already importing your products? Is the market saturated? Can you import the product at a lower cost and sell it cheaper?
2. What is the potential of the product you are importing? Can you see a lot? Is it for a specific product niche? Will there be enough people who want to buy it?
3. Will my product have to be custom made and imported from China or can I buy a stock product and import it. What will he the production costs of my product for my importing business.
4. How much will it cost to import my product? Will the import fees and taxes be justified by the amount of sales I make? Is my imported product harmful or dangerous and will I have to pay more fees for them?
Getting Your Imported Products To You
1. What port of entry will you product come through into the United States
2. How much will you have to pay in taxes and fees?
3. Is there demmurage associated with your cargo?
4. What is the tariff rate and classification of my cargo
When starting a successful importing business there are a lot of things to consider. The steps you find above are a great primer when starting your importing business. Take the time to really evaluate your market and the potential your product has in the market. Importing businesses are easy to start once you know the proper steps.