Import from China To India
India is the largest country in South Asia, along with the biggest GDP of 2.623 trillion USD.
There is already a considerable import and export between India and China established over a long period.
You might be new in the industry and want to start your import from China to India.
You should be knowledgeable while starting your very own India China import-export business.
We hope you will get a bunch of valuable ideas to kick up the business.
Let’s go and dig into the deep.
Table Of Content
1. Things To Know Before Starting Import From China To India
2. How Could You Be An Importer From China To India?
- 2.1. Legal Entity Registration
- 2.2. Tax Registration
- 2.3. IEC Code Registration
3. Sourcing To Import Goods From China To India
4. Method Of Transportation To Import And Export Between India And China
5. Documents For Customs Clearance
6. Costs Associated With Importing Goods From China To India
- 6.1. Costs For Logistics Services
- 6.2. Costs For Sea Transportation
- 6.3. Costs For Airline Transportation
- 6.4. Import Charges From China To India
7. Shipping Companies For India China Import Export.
8. The Best Items To Import From China To India
9. Transportation Time: How Long Would It Take To Ship Goods From China To India?
9.1. Time Required For Ocean Shipment
9.2. Ocean Shipping Carriers That Are Available
9.3. Air Shipment Lead Time
9.4. Air Shipping Carriers That Are Available
10. The Most Suitable Transportation Method
11. Types Of Container
- 11.1. 20ft Container
- 11.2. 40ft Container
12. What Is Chargeable Weight, And How Could It Be Determined?
13. Weight Limitation For The Importing Goods From China To India
14. Express Shipping Between China And India
15. Market Analysis For Import And Exports Between India And China
16. Prohibited And Restricted Items To Import From China To India
17 India’s And China’s Main Ports
- 17.1. India’s Main Sea Ports
- 17.2. India’s Main International Airports
- 17.3. China’s Main Seaports
- 17.3. China’s Main Airports
18. Available Payment Methods For Importation
19. Incoterms That An Importer From China To India Can Utilize
20. E-Commerce Marketplace In China
21. Amazon Fulfillment Service In India From China
1. Things To Know Before Starting Import From China To India
India imports more than 68,000 million USD products every year from China.
The most significant portion of imports from India comes from China.
So, you shouldn’t leap into the industry before doing a detailed study.
You should know a few necessary things before being an importer from China to India.
Here are some tips for you.
Know About The Specific Rules Of Importation From China To India
Check the products that meet the standard and specific regulations of India to comply.
This is always a prerequisite to importing from China to India.
The rules will differ for different products.
This is important because many manufacturers do not manufacture products that comply with the specified standard, rules, and regulations.
Study deeply which products comply with the regulations of your country to be allowed to enter India.
Study About The Importation Procedures
It must be knowledgeable about the importation procedures to make a successful importer from China to India.
Procedures, documentation, country law about India China import-export and import charges from China to India are essential.
Find The Authentic And Trusted Suppliers
Be careful about selecting Chinese suppliers for the goods.
All suppliers are not trusted; you might get trapped with fraud.
If the supplier is not reputable, you also might get issues in the customs department.
Ensure the supplier’s responsibilities so that you would not fall into any problems in the customs with incorrect paperwork.
You must make a fair agreement with the suppliers to return the products you import from China to India if they don’t comply with the regulations.
Specify every characteristic of the product that you want to get from the supplier.
The following video will help you on how to find a wholesale supplier in China:
Set Up The Incoterms Before Starting Purchase And Import Goods From China To India
Set the incoterms you want to follow in the agreement with the suppliers.
Incoterms are international commercial terms that will ease your import and export between India and China.
Incoterms specify the responsibilities of the shipment based on the term rules.
Sourcing The Best Products
The most important thing is choosing the best demandable products for your country’s market.
Research for the market insight and get the info that which products have the most demand in the market.
Product selection will make your import from China to India profitable.
Hire An Experienced Freight Forwarder And Customs Clearance Agent
After sourcing your desired goods, this is time for shipping the goods to India.
For this, an industry-experienced freight forwarder would be preferable to do so for you.
The freight forwarder will act as your shipping agent from the beginning to the end of the importation.
2. How Could You Be An Importer From China To India?
Let’s get to the critical point.
When you want to become an importer from China to India, you must go through some prerequisite registration.
To import from China to India, these several registrations are a must.
2.1. Legal Entity Registration
A legal entity is a must in India if you want to start any type of business.
It does not matter that you will import from China to India; you have to register for any type of business, even only in India.
For the India-China import-export business, you must register a legal entity for your brand name.
You can register five types of legal entities.
- Private Limited Company- PLC
- Limited Liability Partnership- LLP
- Sole Proprietorship Firm- SPF
- Partnership Firm- PF
- One Person Company- OPC
2.2. Tax Registration
After incorporating with entity registration, the second job is to apply for the Tax registration to import from China to India.
You have to register your business to the Income Tax Department of India.
This Tax registration will ensure your annual Taxes and returns to the Government of India.
This registration will provide a TIN so that you can pay your taxes on your business of import and export between India and China, among the other countries.
2.3. IEC Code Registration
After the Tax authority receives your Tax registration, you can now apply for the license of import-export to the Directorate General of Foreign Trade department of India.
After successfully getting the license, the license will be used as your IEC code.
Having an active current bank account is a must to apply for the license.
You also need the following documents as well:
- You bank statement
- Certificate of banker
- National Photo ID information
- PAN Card of your brand
The DGFT will issue you a 10-digit IEC code if all processes have passed successfully.
This IEC code will allow you to import goods from China to India.
That means you are now eligible to do business of import and export between India and China, among India and other countries.
3. Sourcing To Import Goods From China To India
After getting the license, you are now eligible to import from China to India.
Before purchasing the products, you must check the certificates of the suppliers.
But, how could you find a good supplier or manufacturer to source your goods?
There are several ways to go with it.
One of the typical ways of finding a good supplier is to use a local sourcing agent.
A sourcing agent is a resident of China (Actually, the place you want to trade from), will help you find the most suitable supplier for you.
He will work as a middleman of the manufacturer/suppliers and the buyer/importer.
Then you can source your desired products from the supplier.
One of the best ways of sourcing goods to import from China to India is to purchase directly from the suppliers.
In this case, you have to visit China, find the suppliers, and purchase goods from them.
This way is the best because it ensures the quality product since you can directly check the sample of the products.
This also enhances the trade relationship between the suppliers and the buyers.
Another way of sourcing products for an importer from China to India is sourcing goods online.
The online marketplace or the e-commerce sector is one of the most significant portions that hold the market.
You will get many reliable suppliers on the e-commerce platform who will ensure your qualifying purchase.
In this scenario, you would not go anywhere to source the products.
4. Method Of Transportation To Import And Export Between India And China
Now, you might think about how you could transport your goods to import from China to India.
There are two most reliable transportation methods available between China and India.
These two transportation methods are waterway transportation or sea freight and air cargo transportation.
You would already understand that waterway transportation is the method to transport your goods from China to India through the water or sea.
More specifically, through the sea route by ships.
Also, there are two modes of sea freight: FCL and LCL.
You will pay the total cost of the container, and no other importer or user will be able to use the container you hired.
The FCL might be expensive in total, but when you import from China to India in a bulk shipment, it is the best choice in terms of costs.
Because the cost will be reduced when you hire a whole container with a bulk shipment.
LCL is the Less than container load where there is no need to hire an entire container for the goods.
In this scenario, you will pay as per the space you use in the container.
You will either as per kg or per CBM whatever you agreed with the shipping lines.
For small shipments, the LCL is mainly preferred.
LCL is a prevalent mode of container that is used in sea freight.
LCL is also known as the consolidated container since it consolidates different buyers’ goods in a single container.
Air cargo or air freight means shipping goods through an airplane across the air route from China to India.
Airfreight is the fastest means of transportation as well as the most expensive one.
Also, express services are provided through air freight with less time as well as more expenses.
Airfreight is the safest transportation method also.
5. Express Shipping Between China And India
Express shipping is a specialized delivery service that allows you to import from China to India quickly.
Airfreight is used for express services, and it takes substantially less time than regular air freight.
All you have to do is pay a little more than standard air freight.
International express shipping firms such as FedEx, DHL, USPS, China Post, TNT, and others provide express services.
Express services are mainly used to allow door-to-door delivery between China and India.
Boxed products, papers, envelopes, letters, and other items are typically shipped from China to India through express shipping.
The cost of express shipping from China to India, such as DHL, China Post, UPS, and others, is dependent on various factors.
Weight, box size, route, duration, number of products, distribution area, and other factors influence the expense of express delivery from China to India.
Express shipping from China to India might cost anything from 60 USD to 150 USD per kilogram or more in some situations.
The transit period for express shipment is usually between 24 and 72 hours.
6. Documents For Customs Clearance
There are a bunch of documents needed for the customs clearance.
You will hold the following documents when you import goods from China to India.
Bill Of Lading
Bill of Lading is the paper’s most important document for sea freight which ensures the attainment of the goods by the shipping lines.
The Bill of Lading is issued by the sea shipping lines’ authority that they got the goods and are bound to ship them to the destination.
A Bill of Lading also needs the signature of the exporter and the importer.
This document is also the proof of ownership of the goods as well.
It contains the description, weight, and quantity of the goods, details of the recipient, and the terms of sales.
A commercial invoice is a document in which the exporter issues the proof of sale to the importer.
It also shows the value of the units of the goods and the total value of the goods.
The commercial invoice includes the value and quantity of the goods that are purchased.
It also contains the details about the exporter and the importer.
A packing list is a document that describes how the goods are packed.
It contains the goods’ specifications, quantity, weight, number of packets, mark, serialization, etc.
It also contains the expiry date of the goods, export license identification, and letter of credit identification number.
Bill Of Export
The bill of export is a paper submitted by the sender/ exporter to the exporting customs in China.
It validates the exporter’s motives to the government to get a refund on taxes where applicable.
The purchase order (PO) is the document that the importer sends to the seller in China to supply the specific goods to him.
It is the order placing the document, which is a legal contract between the seller and the buyer.
Each PO contains a unique order number that allows the exporter and the importer to track the shipment and the payment of the purchase.
Certificate Of Origin
A certificate of origin describes the goods that where it comes from.
The manufacturing country is also mentioned in the certificate of origin.
Insurance Certificate Of The Shipment
An insurance certificate ensures that the shipment you import from China to India is insured.
Insurance is a must for the business of import and export between India and China.
Letter Of Credit
A letter of credit is a bank document provided by the bank acting as the paying bank of the importer.
This ensures the payment to the exporter when the goods arrive at the predetermined destination.
Health Certificate (For Food Items)
A health certificate will be needed to pass the customs when you import food items from China.
7. Costs Associated With Importing Goods From China To India
Shipping cost for India China import-export is one of the vital things to consider.
Costs determine the profit of your business of import and export between India and China.
The costs are divided into different forms.
Here is a brief description of the different costs to import from China to India.
7.1. Costs For Logistics Services
Your freight forwarder will provide and support you with logistics facilities.
Also, the shipping agents will fulfill various required activities which are needed to employ a successful importation.
A freight forwarding cost is related to different things such as,
- Documentation costs
- Goods moving cost
- Customs clearance cost
- Warehousing costs
- Logistics support costs
- Service charges
- Delivery charges, etc.
In this situation, determining the exact cost for your freight forwarder would not be pretty easy because of different cost counts.
So the best way to know the exact cost for your freight forwarding company and its logistics costs is to ask for a quote from them.
7.2. Costs For Sea Transportation
Sea transportation is the cheapest method of transportation when you import from China to India.
The costs are different for FCL and LCL modes.
Generally, in LCL mode, you have to pay per cubic meter or per kg.
The following chart will show you the cost for LCL mode per cubic meter.
|To/From||Port of Shanghai||Port of Shenzhen||Port of Ningbo|
|Mumbai Port||90 – 100 USD||110 – 120 USD||115 – 125 USD|
|JNPT||90 – 100 USD||110 – 120 USD||115 – 125 USD|
|Chennai Port||50 – 60 USD||70 – 80 USD||75 – 85 USD|
|Tuticorin Port||100 – 110 USD||115 – 125 USD||120 – 130 USD|
|Kolkata Port||90 – 100 USD||110 – 120 USD||115 – 125 USD|
On the other hand, the cost for an FCL container is less than the LCL shipping.
We already mentioned above that the cost gets reduced in FCL because of the bulk shipment.
The following table will give you an overall idea about the cost of an FCL container, either 20ft and 40ft.
|From||To||20ft Container Cost (USD)||40ft Container Cost (USD)|
|Port of Shenzhen||Mumbai Port||2500 – 3000||3500 – 4000|
|Port of Shanghai||JNPT||2500 – 3000||3500 – 4000|
|Port of Shenzhen||Visakhapatnam Port||2500 – 3000||3500 – 4000|
|Port of Shanghai||Chennai Port||2000 – 2200||2500 – 3500|
|Port of Ningbo||Mangalore Port||3000 – 3500||4000 – 45000|
|Port of Ningbo||Kolkata Port||2800 – 3500||3800 – 4200|
|Port of Shanghai||Mumbai Port||2500 – 3000||3500 – 4000|
|Port of Shenzhen||Chennai Port||2500 – 3000||3500 – 4000|
7.3. Costs For Airline Transportation
Since air freight is the fastest shipping method to import from China to India, this is also the most expensive one.
The rate of air freight is being changed based on different facts and occasions.
The freight season, the weight of the goods, type of the goods, quantity, distance between the ports, etc.
On average, the rate of LCL shipment from China to India ranges from 2 USD to 5 USD per kg of goods.
But remember, the rate will be reduced when the quantity of the importing goods is raised.
7.4. Import Charges From China To India
Calculating and imposing import tariffs in India is a little bit complicated.
There are so many tariff rules and regulations.
Customs duties vary with the origin of the product and the material of the products made of.
HS code is necessary to determine the customs duties in India.
Harmonized commodity and Description and coding System is the globally agreed method to identify the product types.
Indian customs duties depend on the Tariff Schedule or the Indian Customs Tariff.
Essential customs duty (BCD) could range from 0% to 100% based on the HS code of the products.
Countervailing duty- CVD ranges from 0 to 12%, SAD is 4%, social welfare is 10%, and customs handling fee is 1%.
On the other hand, integrated goods and service tax-IGST duties are divided into four different rates, which are 5%, 12%, 18%, and 28%.
Besides these, safeguard duty, anti-dumping duty, and compensation cess are applied where needed.
8. Shipping Companies For India China Import Export
One of the most crucial things is to select the appropriate shipping company.
The shipping company or the freight forwarder will be your shipping agent, who will handle all shipping hassles on your behalf.
The freight forwarder will pick up your goods from the supplier’s place, pack them, and do paperwork.
Also, move them to the exporting port, clear the customs, and make the goods available to the shipping lines.
They also clear the importing customs formalities, facilitating warehousing if needed.
After all, the freight forwarder will deliver the goods to your warehouse.
So, wisely choose your freight forwarder to import from China to India.
HART Worldwide Logistics is one of the leading freight forwarders in China to import goods from China to India.
Besides this, many freight forwarders are available both in China and India to provide you with shipping services.
Here is a list of some popular shipping companies for your convenience.
- HART Worldwide Logistics
- DHL Global
- Fourstar Worldwide Service Pvt Ltd.
- Darekar Freight company
- OM Freight Forwarders Pvt Ltd
- Mornington Int’l Freight Co., Ltd In China
- Shenzhen Sailing Logistics Co., Ltd
- Laddercross Logistics Limited
- Lechwe Maritime & Logistics Ltd. etc.
- Feather Solutions Logistics And Business Development, etc.
9. The Best Items To Import From China To India
You can import numerous products from China to India.
But it is wise to research before importing goods from China to India which products are most profitable.
Without profit, there is no means of importing from China to India.
Here is a product list that shows highly imported products from China to India.
- Consumer electronics
- smartphones, tabs, computer products, wireless chargers, smartwatches
- Wifi routers, wifi repeaters, security cameras, video doorbells, digital 4k cameras
- Decorative items
- Makeup items
- Organic chemicals
- Nuclear machinery
- Cars and motorcycle parts
- Milk product
- Medical devices
- Plastic items
10. Transportation Time: How Long Would It Take To Ship Goods From China To India?
The distance between India and China is not so far.
These two are neighboring countries also.
This section will see the shipping on time between China and India through sea and air routes.
10.1. Time Required For Ocean Shipment
The average distance between China and India is around 5,000 nautical miles through the ocean route.
It is recognized that ocean freight is the slowest method to import from China to India.
Generally, the speed of a cargo ship ranges on average from 17 to 25 knots.
Regarding the ship’s speed, usually, the sea takes 15 to 25 days to land at the destination port in India from China.
This calculation is just for the transportation time.
The time will be raised with other formalities such as loading time, unloading time, export and import customs clearance, and delivery.
Based on everything, you would get your goods delivered in between 35 days or more in your warehouse.
10.2. Ocean Shipping Carriers That Are Available
World-leading ocean shipping carriers import goods from China to India.
So, an importer from China to India will find them to import his goods accessibly.
MAERSK, EVERGREEN, COSCO, PIL, APL, Yang Ming, CMA CGM, MSC, OCN, all major shipping lines are trading for India China import export.
So, you have no worries if you are thinking about sea freight to import from China to India.
10.3. Air Freight Shipping Time
Airfreight based on everythingYou is the fastest method to import goods from China to India.
The distance between India and China is on average 2500 to 5000 kilometers in terms of different regions.
The average transit time between China and India is 8 to 12 days when using air freight to import and export between India and China.
The time will be significantly reduced when you use express services through air freight.
10.4. Air Shipping Carriers That Are Available
As India and China are two giant nations with large economies, almost all air carrier companies operate their services between these two countries.
Turkish Airlines, Emirates Airlines, Qatar Airways, Cathay Pacific Airlines, Finnair
Air China, Czech Airlines, Air India, and others are operating their flights between China and India.
11. The Most Suitable Transportation Method
So, how could you choose the best shipping method for your business of import-export between India and China?
Since both air and ocean freight are suitable for particular purposes.
Though sea freight is the slowest method, it carries a considerable amount of goods at a time.
Also, it is cheaper, safe, and secure.
Now, the decision is yours regarding your necessities.
If you have time concerns, no budget concerns, and massive demand for the product for short times, air freight would be the suitable transportation method.
On the contrary, if there is no time concern about shipping bulk items and running a long-term business, sea freight would be the best choice for you.
12. Types Of Container For Ocean Ships
You will find two types of containers while doing India China import export: 20ft and 40ft.
These two are industry standards for shipping.
12.1. 20ft Container
A 20ft container is 20ft in length.
Dimension of a 20ft dry container is: 20ft L x 8ft W x 8ft 6in H.
33.6 cubic meters is the volume of a 20ft container, whereas it can hold 25,000 kg (25 tons) of heavy goods.
12.2. 40ft Container
Like a 20ft container, a 40ft container is 40ft long.
The dimension of a 40ft container is: 40ft L x 8ft W x 8ft 6in H.
The volume of a 40ft container is 66.7 cubic meters, whereas it can carry a payload of 27,600 kg (27.6 tons).
The 20ft container is mainly designed to carry heavy loads, whereas the 40ft container is designed to move oversized items.
You can see the video of how container shipping works:
13. What Is Chargeable Weight, And How Could It Be Determined?
You must pay for your shipment based on the weight type when importing from China to India.
The chargeable weight is the weight that is used to calculate the payment for the shipment.
Gross weight and volumetric weight are the two methods for determining the chargeable weight of items imported from China to India.
After comparing the shipment’s gross and volumetric weights, the shipping lines administration will use the larger two as the chargeable weight.
The entire weight of the things you’re transporting is referred to as the gross weight.
It also takes into account the weight of the box in which you’re transporting your belongings.
For example, suppose you’re bringing in 4500 kg of products on a pallet that weighs 700 kg.
The gross weight of your imported products, in this case, is 4500+700= 5200 kg.
The dimension weight of the boxes you’re using to ship the items is known as volumetric weight.
For example, the box you’re utilizing is 5 meters long, 3 meters wide, and 2 meters high.
The box’s volume is 5 x 3 x 2 = 30 cbm.
By multiplying the conversion factor, which is 167, the box’s volume will now be converted into kilograms.
As a result, your box’s volumetric weight will be 167 x 30= 5010 kg.
The gross weight of your products will be used as the chargeable weight for your shipment in this case.
Because 5200 is greater than 5010.
14. Weight Limitation For The Importing Goods From China To India
The weight limit depends on the carrier.
Let’s make things clear.
For sea shipping, the payload capacity of an FCL 20ft container is 25,000kg.
You can load 25,000 in a 20ft FCL container.
The payload capacity of a 40ft container is 26,000 kg.
So, when you use one of them, you can load either 25,000 kg or 26,000 kg.
So, what does that mean you couldn’t ship more than this amount of goods through a sea ship?
Of course, you can.
Just to ship more goods, you have to hire more containers.
On the other hand, the payload capacity of different air cargo is different.
Here is a list with the payload capacity of different airships for your convenience.
|Cargo Plane||Max Pallet Volume||Payload Capacity|
|Boeing 747F||601.4 CBM||95000 kg|
|Airbus Beluga||1210 CBM||47,000 kg|
|Airbus A330-300 (H)||86 CBM||21000 kg|
|Antonov An-124||1028 CBM||150,000 kg|
|Antonov An-12||97 CBM||20000 kg|
|Boeing 737-200||70 CBM||19500 kg|
|Boeing 737-700C||107.6 CBM||18,200 kg|
|Boeing 777-200||61 CBM||21000 kg|
15. Prohibited And Restricted Items To Import From China To India
There is a vast import and export between India and China since many items are restricted and prohibited to import in India.
There are reasons behind them, of course.
Dangerous items, which have big productions in India, are usually prohibited from importing from China to India.
You cannot import the following items from China to India.
- organ of an animal
- Fats from animals or plants
- Marine animals’ fats and oils, as well as their fractions
- Neats Oil from the feet and fats from bones or waste
- Import of ‘CDMA mobile phones’ (ITC (HS) Code ‘8517’) without an Electronic Serial Number (ESN) or a Mobile Equipment Identifier (MEID) or with all zeroes as an ESN / MEID is banned.
- Ivory that has been worked and ivory articles
- Bones, horn cones, and portions thereof from wild animals that have not been crushed
- For natural food casings of wild animals, other species’ guts are used.
- Nails, tails, and other fish waste
- Stocks of Soap
- Sets of telephones, including phones for cellular or other wireless networks
- Animal rennet vs. microbial rennet
- Skins of tigers and cats
- Rennet from animals
16. India’s And China’s Main Ports
There are many ports, both air and sea, in India and China.
The infrastructure of the ports is well-designed in both countries to facilitate feasible India-China import-export.
The main ports of the two countries are listed to give you an idea about their locations.
16.1. India’s Main Sea Ports
Top 10 seaports in India to import goods from China to India.
- Kandla Port
- Kolkata Port
- Mumbai Port
- Chennai Port
- Port Blair
- Tuticorin Port
- Cochin Port
- Ennore Port
- Panambur Port
- Vizag Port
16.2. India’s Main International Airports
Top 10 busiest international airports in India
- Indira Gandhi International Airport, Delhi
- Chhatrapati Shivaji International Airport, Mumbai
- Kempegowda International Airport, Bangalore
- Chennai International Airport, Chennai
- Netaji Subhas Chandra Bose International Airport, Kolkata
- Rajiv Gandhi International Airport, Hyderabad
- Sardar Vallabhbhai Patel International Airport, Ahmedabad
- Cochin International Airport, Kerala
- Pune Airport, Pune
- Dabolim Airport, Goa
16.3. China’s Main Seaports
China’s 10 seaports.
- Port of Shanghai
- Port of Shenzhen
- Port of Tianjin
- Port of Qingdao
- Port of Quando
- Port of Guangzhou
- Port of Xiamen
- Port of Ningbo-Zhoushan
- Port of Hong Kong
- Port of Dalian
16.4. China’s Main Airports
China’s ten busiest international airports.
- Beijing Capital International Airport, Beijing
- Nanjing Lukou International Airport, Nanjing
- Hangzhou Xiaoshan International Airport, Hangzhou
- Chengdu Shuangliu International Airport, Chengdu
- Shanghai Hongqiao International Airport, Shanghai
- Kunming Changshui International Airport
- Xian Xianyang International Airport, Xian Xianyang
- Hong Kong International Airport, Hong Kong
- Shenzhen Bao’an International Airport, Shenzhen
- Shanghai Pudong International Airport, Shanghai
17. Available Payment Methods For Importation
Payment methods are essential for paying the cost of the product’s purchasing cost and shipping costs.
There are several payment methods available in India for the import and export between India and China.
The most popular payment method to import from China to India is the telegraphic transfer.
You will have to pay a 30% advance payment through your bank to the exporter.
After receiving the goods, pay the rest 70%.
Letter of Credit
In the letter of credit method, the exporter will show the credit letter after delivering the goods.
Your bank will check the number of goods that meet the ordered number.
Then the bank will pay the payment to the exporter.
Alibaba Trade Assurance
In the sense of type, the Alibaba Trade insurance and the Letter of Credit are similar.
The most notable difference is that suppliers are responsible for delivering packages on time and ensuring that the products are of the stipulated standard.
Before the manufacturer can begin manufacturing, you must put funds into an Alibaba account.
18. Incoterms That An Importer From China To India Can Utilize
For the sake of international trade benefits, the international chamber of commerce establishes several phrases.
These phrases define the purchasers’ and sellers’ duties.
Incoterms, or international commerce words, are the name for these terms.
FCA- Free Carrier
The supplier will load the products onto the buyer’s conveyance, bring the goods to the named port, and complete customs clearance for export.
DDP- Delivered Duty Paid
The seller is responsible for all types of costs.
Also, all risks go under the seller until the goods are delivered to the destined place.
DDU- Delivery Duty Unpaid
Under the term of DDU, the buyer will pay the customs clearance charges and customs duties.
All other responsibilities are on the seller or the exporter.
CPT- Carriage Paid To
The supplier will clear the product customs and take care of business for transport.
Additionally, he will pay the transportation costs till the merchandise gets conveyed.
The exporter is responsible for making available the goods to a predetermined place.
All responsibilities of the goods then go to the importer.
CIP- Carriage And Insurance Paid To
The provider will convey the products to an assigned area, and the purchaser will be responsible for the freight from that point.
The exporter is liable for protection until the things show up in the predefined area.
DAP- Delivery At Place
The goods will be transported and unloaded at the destined port under the responsibility of the exporter.
The following four incoterms are dedicatedly used in sea freight.
FAS- Free Alongside Ship
The importing items must be transported to the exporting port alongside the vessel.
Following that, the buyer becomes the administrator of the items.
FOB- Free On Board
The items must be put into the vessel that the importer and exporter have chosen.
When the items are on board, the buyer will assume responsibility.
CFR- Cost And Freight
The exporter will deliver the goods to the vessel’s board and bear shipping costs until the destination.
CIF- Cost, Insurance, And Freight
As same as the CFR, the exporter will also manage the insurance coverage.
19. E-Commerce Marketplace In China
The online marketplace is becoming the leading player in the business sector.
20% of total trading in China happened online in 2020.
In addition, the popularity of online marketplaces is getting raised day by day.
The online marketplace is vast in China for India China import export.
You will find thousands of e-commerce platforms in China.
We are mentioning here the leading e-commerce sites in China.
- Amazon China
- JD Worldwide
- Tmall Global, and so on.
20. Fulfillment By Amazon (FBA) In India From China
Amazon’s fulfillment service is one of the most exceptional on the planet.
Fulfillment by Amazon (FBA) permits you to keep your things at Amazon’s fulfillment habitats, where they will be picked, stuffed, delivered, and adjusted.
FBA might help you in developing your business and contacting more consumers.
The good fact is that the FBA is available in India.
On the off chance that you don’t have your very own warehousing office, you might utilize Amazon’s FBA administrations.
You can import from China to India in feasible ways now, and also, it is a big industry.
But you have to jump into it with proper knowledge with extensive research.
An industry experienced freight forwarder like HART WORLDWIDE LOGISTICS can help you with the best way to import from China to India towards your doorstep.
So, determine what you need and how you need it, then make your decision.
HART is here when you are ready to import from China to India.