China is one of the oldest and largest trading partners of Iran and supplies most of the goods needed by the country. Due to Iran’s trade relations with other countries, Import from China has developed in recent years. In this article by Sepahan Hamrah, we gathered some important information about importing from China.
Why import from China?
One of the main commodities of choice for Chinese products is that the country, due to mass production and the use of state-of-the-art technology, low labor wages as well as price manipulation, produces another bag with a lower price than production. Therefore, in successive years, it succeeded in surrounding a large number of world markets. With these descriptions, imports from China and purchases from China have attracted the attention of world traders, especially Iranian traders. Now let’s take a look at some of the main reasons to import from China.
Unique Chinese products
Manufacturers and suppliers in China are always adding innovations to their products. This can lead to the production of countless unique and rare products in China. As a result, this type of business is very profitable and can create a new opportunity for the market to sell unique Chinese goods.
Cheap prices of Chinese goods
The prices of goods sold in China are very cheap, so, to reduce costs, it is very useful to import from China. In this way, by importing goods from China and selling in Iran, your profit will increase.
The rapid growth of businesses with imports from China
If your business is in the field of imports, importing from China is automatically a great opportunity to get a sales representative for some products in Iran. In addition, your situation will change from a regular seller to a seller of imported products with Chinese brands. This is a beneficial and reciprocal trading method that will easily transform your business.
Steps of import from China
In general, the two stages of product selection and the selection of the seller of that product are the initial stages of import from any country.
Product selection
You must first select the desired product by considering the conditions and laws of China as well as the laws of Iran on goods that are licensed for import and then search for the price of goods in other countries and your own country and its popular models.
Vendor selection
You need to research to choose a seller. Vendors in China are divided into assemblers, manufacturers, large and small companies, and importers; In the first step, you should research your product group and see which of the above groups your product falls into.
For example, if your product is a raw material, it is better to buy it from large Chinese manufacturers and companies, in which case, of course, your liquidity should be enough to buy in large quantities. Sepahan Hamrah Trading Company can also help you in choosing a seller.
Technical specifications and price list
After passing those two steps, you should receive the technical specifications and price list from the seller. Note that Chinese sellers may tell you the price is much higher than it is. At this stage, you need to bargain to get a better price. Before buying, try to get a sample of your desired product from the seller and check it in all respects to comply with the desired standards.
Adequate information on customs tariffs and import conditions from China
After reaching an agreement and receiving the pre-invoice, you should check the sufficient information about the customs tariff and import conditions of the said goods and study its steps to find out the legal conditions of your imported goods. After completing the previous steps, review, and budget all matters related to the import of goods from China, and agree with the seller on the final payment of the number of goods.
Also make the necessary arrangements regarding the manner of transportation of goods and the time period related to the process of sending, transporting, and delivering cargo. It is also important to have information on import standards and permits and shipping documents. To get all the documents “like proforma and other documents” in the name of having a business card in your name is required. If you do not have a business card, you can get help from business collections in this field. Sepahan Hamrah Company can help you in this matter by having all the relevant licenses and business cards.
Other steps of the import process
Other stages of import from China are order registration in the Ministry of Commerce, before payment, receiving Iran code along with standard initial licenses, tracking the production of goods and inspection before the shipping process, shipping arrangements, receiving foreign exchange documents and documents Inspection is also obtaining the necessary permits from the relevant organizations after the goods enter the country.
In the meantime, you will be responsible for customs fees and other costs related to customs clearance. After clearance, your imported goods will be shipped to the warehouse and then you will have to pay the foreign exchange and tax obligations.
Our services
Analyzing China’s import and export statistics is very important for domestic businesses to identify their target in China in this way. If you know what kind of goods Iran’s imports from China have included in recent years and the weight of these shipments and their value in Rials and dollars, you can certainly have a good analysis and attitude of the Chinese goods market in Iran. By receiving the business advice of the experts of Sepahan Hamrah Company, you can get enough information in this field.
Another major concern of Iranian traders regarding imports from China is the lack of trust in the good faith and credibility of Chinese sellers and manufacturers. Due to the unfamiliarity with the conditions and rules governing imports from China, people who intend to import goods from this country are advised to choose the type of goods and how to trade with China from companies specializing in foreign trade. And receive tips.
Sepahan Hamrah Company, according to the needs of Iranian merchants in importing goods from China, has established offices in Tehran, Isfahan, and Dubai, as well as in the cities of Guangzhou and Shenzhen, China, to provide special and specialized services for importing goods from China to Iranian merchants, traders, and importers. Offer the fastest time possible and with the best quality.