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How to Import Goods from China to Australia – Top Things You Must Know   by Gang Liu

In 2001, as China joined the WTO or World Trade Organization, it opened its doors to the world. It is also one of the factors that drove its economic growth and developed a unique and successful export-import business. Most countries deal with China because of its unique and cost efficient products. One of the biggest trading partners of China is Australia.

Today, proper importation techniques is a sought after knowledge for many investors. This is an attractive venture for capitalists since it guarantees maximum profits as China products has a high demand among consumers.

The Hunt for the Right Suppliers and Products

Before you start, find the best product for you to import and the right people to make business with. This will be your foundation for your new business. One of the ways to find suppliers is through the internet. There's a vast multitude of websites that Can Supply a list of providers for the particular product you wish to import.

When in Doubt, Make Sure to Ask

Make sure you are aware of everything about the manufacturer you want to do business with. Previous customers should be able to provide you their testimonials about the service provided by a particular company. Learn about their exporting experience.

Most importantly, you have to make sure that the supplier is willing to commit to a long-term business relationship with you and consider the quality guidelines that you have imposed before you place an order. Manage your risk by making sure that you find a reliable and trustworthy supplier who can assist you with your needs.

Quality Check, Quality Check, Quality Check

What's the use of cutting down on the cost if your product is low in quality?

To prevent this, do a quality check. You can trust your supplier's word regarding quality or create a check list of your desired product quality. Your supplier must complete an assessment form and send it to you before shipping the items. You can then decide to push through with the delivery or not.

You can also request for images of the product before having it shipped. It will allow you to see what to expect of your products. Depending on your request, this type of inspection can be very detailed. Be vigilant and request for samples of the packaging and other key components of your product. Take note though that making inspections in this manner is still quite limited. The supplier can also opt to choose what aspect of their production you'll be privy to.

One of the most common inspection practices is to have a sample of your order on hand before the shipment arrives. This will enable you to perform appropriate testing with the product in your hands. If there are any issues, make sure to notify your supplier immediately.

Australian Import Duties and Regulations

Before importing from China take note of the tariff system. Importing is taxed by customs accordingly. Developing countries have lower tariff rates. The general rates apply to the rest of the world. Delineating rates are higher by 5% than preferential rates. These tariff rates also depend on what country the imported products come from.

Heavy machinery is more or less exempt to the phasing out of import licenses. Take note of this information before importing heavy machinery.

Clarify Payment and Trade Terms

When you import goods from China to Australia, the payment terms between you and your supplier have to be cleared up down to the last detail. Send the funds to your supplier when everything is completed and you want to finalize your purchase. Trade agreement has to be cleared between you and your supplier. And lastly, a customs broker can also help minimize your headaches by dealing with all the other pertinent details.

About the Author

I provide information about How to Import Goods from China to Australia. Our China Australia Import System has been tested to be effective by a number of successful Aussie importers.
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