How can an export freight forwarder get into the import business?

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I've always been an export freight forwarder, and now I want to expand my business and try my hand at import agency. But I'm not sure how to get started, for example, what are the differences from exports in terms of procedures, qualification requirements, and precautions? I hope experienced friends can share some insights. Thank you!
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Linda Guo
Linda GuoYears of service：3Customer Rating：5.0

Trade Dispute MediatorStart a Chat

For export freight forwarders looking to develop import business, here are the key steps.

First is qualifications. You need to obtain import and export operating rights. Register with the local commerce department, and then go through the procedures with customs, inspection and quarantine departments to obtain qualification certificates.

In terms of process, imports require first identifying the goods to be purchased and signing a contract with foreign suppliers, clarifying terms such as price and delivery date. Then, arrange transportation, which can be by sea or air. Remember to book space in advance. Upon arrival, you'll need to declare goods and undergo inspection, submitting documents such as contracts, invoices, and bills of lading. After customs approval, you'll pay taxes and collect the goods.

Unlike exports, imports place a greater emphasis on controlling product quality and compliance because the goods are for the domestic market. Therefore, strict adherence to domestic standards is required for acceptance. At the same time, pay attention to the impact of exchange rate fluctuations on costs.

References: Customs Declaration Import and Agent Import: Do You Really Understand Them?
Michael Zhang
Michael ZhangYears of service：10Customer Rating：5.0

Customs Clearance SpecialistStart a Chat

For import business, you must first familiarize yourself with domestic market demand to accurately select the types of goods to import. Otherwise, blind imports might be difficult to sell.

Daniel Kim
Daniel KimYears of service：4Customer Rating：5.0

Commodity Inspection and Quarantine ConsultantStart a Chat

When importing, pay special attention to documents such as the certificate of origin for the goods. Sometimes, you can enjoy some preferential tariff policies.

Thomas Li
Thomas LiYears of service：7Customer Rating：5.0

Import Licensing AdvisorStart a Chat

Communication with foreign suppliers is also very important. Ensure they can deliver goods on time and with the promised quality, otherwise it can easily cause delays.

Robert Tan
Robert TanYears of service：5Customer Rating：5.0

International Market Development AdvisorStart a Chat

Remember to clearly understand the relevant policies and regulations in China. Do not let unfamiliarity with regulations prevent your goods from entering the country or cause other troubles.

Olivia Liu
Olivia LiuYears of service：6Customer Rating：5.0

Foreign Exchange Risk ManagerStart a Chat

It is important to find reliable freight forwarders to cooperate with. They can greatly reduce your worries in transportation and warehousing.

Emma Zhao
Emma ZhaoYears of service：3Customer Rating：5.0

Export Documentation SpecialistStart a Chat

Conduct thorough cost accounting for imports. In addition to the price of the goods themselves, all other expenses such as freight and taxes must be carefully considered.

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