The US Customs and Border Protection (CBP) has been overseeing America’s borders and ports of entry since 2003. To carry out customs procedures in import into the US, you must present the CBP with many documents and pay due duties. One such document is CBP Form 7501.
China is the largest exporter of sewing machines (over 15 m sets), both for household and industrial use. When importing such products, there are many aspects that an importer has to pay attention to. Apart from finding a reliable supplier, it is essential to check the requirements for placing such products on the US market. This article discusses importing sewing machines from China to the US.
We have good news for importers: shipping rates are falling! Inventory surpluses, global port congestion, inflation, and reduced demand for cargo services from east to west cause a decline in freight rates. How much does shipping cost?
Home décor and appliances are daily objects most of us use. The Chinese market is known to be a great source of vast categories of home décor at reasonable prices. Chinese goods are very popular due to their low price and good-enough quality. Therefore, importing home decor from China to the EU seems to be a relatively good idea for a business.
The hardware industry consists of wholesale manufacturers and distributors of various metallic items like chains, nuts, springs, clamps, brackets, etc. China is one of the top hardware exporters. The US, on the other hand, is one of the top importers. Importing hardware from China to the US involves product compliance, tariffs, documents, and production areas.
Shandong is a region that is said to be the cradle of Chinese civilization. Since Shandong Province is located by Bohai Bay, the area that had access to the ancient Sea Silk Road, it developed early. When looking for a specific product in China, it is worth knowing where the relevant production areas are. Below, we have listed major factories in Shandong Province, China.
Residential photovoltaic systems are on-trend. Energy banks used in PV systems can store chemical energy for later conversion to electrical energy. With energy storage, the user can use electricity even during a power outage. China is the biggest exporter of energy banks (accumulators, batteries) and electric transformers. This article will discuss importing energy banks from China to the EU.
Semiconductors (integrated circuits, ICs) are key components in electronics. They are referred to as “the new oil of the 21st century” and “the brain of modern electronics.” Hong Kong is the largest exporter of semiconductors, followed by mainland China. This article will discuss importing semiconductors from China to the EU.
Wind turbines are devices that are an essential element of a wind farm. Wind turbines used in residential applications are becoming increasingly popular since they can provide an uninterrupted power source. The energy that moves the blades in the wind turbine is transferred to the generator. There, the kinetic energy is converted to electricity. China is one of the largest producers of wind turbines in the world. This article discusses importing wind turbines from China to the EU.
Alibaba layoffs in the second quarter of 2022 reached nearly 10,000. The reduced number of employees will allow the tech giant to achieve better financial results at this challenging time. The slowing economic growth of China’s economic partners may further weaken China’s economy.
