How to Import Commercial Goods from China, USA and JAPAN.
Importation Guide for Commercial Goods from China, USA and JAPAN | Importation is the business of buying products from other countries and bringing them home to where they are needed. You may view the whole process of importation and exportation as being time consuming and containing long protocols which actually isn’t true.
How to Import Commercial Goods
As a business tycoon, it isn’t all the time you will need to buy products from Nigeria there are times you will need inventions that are new and eye catching, this is when you either order them to be shipped home to you through online business website or you travel out to purchase them. In any case, we have tips on how to import commercial goods from China, USA and Japan here. All you need do is read down.
Steps to Import Commercial Goods from China
China is a big country when it comes to manufacturing of goods. In fact, it is considered the no.1 manufacturing or market place when it comes to business, you could call it the “heart of business” (my ideology) because they produce practically 85% of our imported goods and commodities but before most goods get to us they pass through America where they are purchased by rich merchants there then the inferior ones will be imported home to us. Don’t frown, that’s business for ya. Anyway, that was then because now you could get freshly made commodities straight from China to Nigeria, thanks to Laws and technology.
You could actually travel to China if you have the cash to spend or you could just negotiate at home and get everything shipped down to you with these steps.
- Visit some china business website like alibaba.com or taobao.com.
- From the list of goods you will find, you could choose the goods you desire. (Note: do not go for goods that are no longer demanded in the market but go for goods that are still very much patronized by customers if you want to sale them off soon).
- Do not be contented with just one business merchant you’ve come across rather meet more and find out their opinion so you don’t get cheated.
- Negotiate the price as it favors both parties.
- If you are okay with the price, then you can order the shipping of the goods and make payments or you could negotiate mode of shipping and payment as desired.
Steps to Import Goods from America
America is referred to as the most developed country in the world that it has even been nicknamed “God’s own country”. This is where everything happens. Where buying and selling is at its apex, so if you are desiring to import goods from America then you need to count the cost.
The amount of dollars you are able and ready to pay to purchase and import cargos home. The process of demand may take place online if not face to face.
Should it be online purchase, then you have all the tips you need above but the process of shipping the products are as follows.
After negotiation, the shipping takes place but you must take note that there are certain goods that are prohibited for importation into Nigeria due to Nigeria’s custom and America’s export service. Goods are offloaded to prospective customers on arrival to designated country through the Nigeria’s custom service.
FedEx and USPs do shipments to customs and other regulatory agencies. FedEx will charge all duties, taxes and VAT which must be paid before delivery.
How to Import Goods from JAPAN
As a result of the establishment of the Japan Diplomatic Mission in 1980, the two countries have become trade partners importing and exporting commercial goods as required. Today, japan holds the 4th place in market system by Purchasing Power Parity (PPP), the 3rd largest country by GDP and is the 2nd most developed country in the world. Being the world’s 3rd automobile manufacturing industry, Japan has all you need to start up a smooth business deal, all you need is place orders.
Purchasing goods from Japanese markets can be done online with the invention of online business websites like Alibaba.com
If you are a new comer in this business then there are certain procedures you cannot overlook in the shipping of the goods into the country. The first is that the shipping company that is to import the goods will obtain a Ship Entry Notice (SEN) two months in advance from the department of Nigeria Ports Authority while you, as the customer will receive a license from a registered agent in Nigeria.
Then the shipper will send Bills of Lading, this document will present details on
- Name of ship carrying the cargo
- Description of cargo
iii. Date of departure and arrival
- Weigh of cargo and of course
- Your term of contract
The importer will take the bill of lading to the Nigeria Port Authority central office to enlighten them on the ship that’ll be arriving soon.
The importer then registers and completes his bill of entry with the Nigeria custom service.
Release of goods is prompted by the shipping company.
Cargo imported is thoroughly examined with regards to the bill of lading before a blank delivering order (DO) is issued to the importer by the NPA.
Delivery order and bill of lading is completed and issued back to the shipping company.
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The shipping company endorses and withdraws the bill of lading sent issuing out a lower portion of the delivery order to the importer as proof of cargo imported and released.
The main body of the Delivery Order is send to the department of Nigerian Port Authority at the specified port.
The marketing department then releases authorized bills with a note copy of the custom bill of entry along the shipping company’s delivery Order for authorized billing.
The bills are vetted by the Audit department where deposition is done in designated banks.
The necessary deliveries are produced with the information from the delivery order and transferred to the delivery point or transit shed.
The importer then evacuate to the transit shed where delivery takes place. After loading, a pass (cargo pass) is presented to the importer who then proceeds to NPA for security checks and final exit.
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