China is the favorite hunting ground for the US and the European businesses to import different types of goods at an affordable price. You can diversify your business by sourcing cheaper-made products imported from China. It sounds good, but getting your order docked in your home from the factory of the Chinese wholesale manufacturer is a complex task.
Because you are importing goods to re-sell, it is paramount that before you place the order, you perform all the calculations properly. There are several charges that you need to pay apart from paying the Chinese supplier such as-
- Pay For Freight
- Clearing Charges
- Duty Fee
- Inspection Fee
- Import Tax
Why should you go for Ocean freight?
Although, air freight is the best mode to get your product quickly. But it is quite expensive. Most of the small business owners do not possess the financial muscle to import goods from China via air. Ocean freight can be a good way to keep costs down while still using a reliable shipping method. Sourcing goods from China by ship is the most preferred mode of transport for the movement of high volume heavy cargo and agri-products such as-
- Iron Ore
- Crude Oil
- Steel Coils
- Home Furnishings & many more
While the air freight is costly, ocean freight is the cheapest way to transport goods from China to your country. This is why so many companies opt for it. But you need to keep in mind that many import regulations only apply to goods imported for commercial – business or resale – purposes. And only the customs authority can make judgment calls about what qualifies as personal use.
The origin and destination determine the time that will take to get your shipment. For example, if you are sourcing goods from one of the main ports in China by ship to Los Angeles or Long Beach, you’re looking at approximately two weeks on the water.
Ocean freight is not excluding buyers from importing small volumes from China. If you purchase by the container load, then FCL (Full Container Load) shipping is the right choice.
Ocean freight is your best option when you need to ship on a smaller budget and don’t mind when it reaches its final destination. The final thought is to double check on the credentials of your chosen Chinese supplier just to make sure you are getting the right deal.