How To Import Solar Panels From China: A Complete Guide
Amidst the many business opportunities nowadays
, importing solar panels from China proves to be the most beneficial. In the year 2010, the spot for the number 1 solar powered panel distributor was presented to China. China is responsible for producing half the world's overall solar powered panels. And 99% for these were exported to other countries! Solar panel producers here also offer the lowest prices internationally.
If youre new to the importing industry, you will have to learn the basics on
how to import solar panels from China. This is very much suggested since China just recently opened its doors for global trading. Cultural differences and language barriers may interfere in negotiating prices, ensuring quality control as well as getting through the localized customs.
Basically, importing solar panels from China can be just as easy as importing other small items and also basic goods. Regardless, for every stage in the import operation, there are aspects you'll have to consider. They might sound like hindrances but most of your efforts will not go to waste if you get the most cost effective quality solar panels.
The Solar Powered Panel Production in China
China is the top producer of solar powered panels (photovoltaic cells). Since the components utilized in manufacturing these panels like poly-silicon is very abundant in the nation. As a result, Silicon tetrachloride, which costs as high as $84,500 per ton will only cost you an approximate $21,000-$56,000 per ton in China.
GCL-Poly is the worlds primary producer of poly-silicon in 2011, yielding around 65,000 tons annually. There are four highly esteemed solar panel manufacturing companies in year 2011 that are situated in China, Suntech - 2400 MW, JA Solar powered - 2,100 MW, Trina - 1,900 MW, Yingli - 1,700MW.
Consequently, the nation also dominated the the 2011 Global Top TenSolar Panel list because of Suntech, LDK, Canadian Solar powered, Trina, Yingli, Hanwha Solar powered One, Jinko Solar and lastly, Sunneeg.
The Terms in Importing
Tariff - is the tax placed on imported goods. Codes affiliated to tariff are found in the Harmonized Commodity Coding System.
Customs Duty - is levied on imported goods and is usually counted as a percentage on the value pertaining to the solar powered panels anyone imports. The amount of duty charged on a product is determined by its value, overall quantity, tariff classification and also value-added tax.
Certificates - these must be declare according to its country of origin (China), proper description of the items, gross weight, the Bill of Lading, insurance papers, packing lists, copies of the invoices, and other legal documents needed by the importer.
How to Begin a business of Importing Solar Panels from China
Step 1. Dependable Partnership with Solar Panel Suppliers
Establish a good connection with Chinese solar panel producers. Tell them briefly about your business. Most distinguished producers in China already have import partners so target low-profile companies instead. Check the qualifications of these suppliers by investigating the number of years they have been manufacturing solar powered panels.
Step 2. Discuss Pricing Terms
Check the quality involving their items and then discuss all associated provisions concerning shipping and pricing. Ask for a trial order to check their packaging, collaterals, insurance and other factors.
Step 3. Analyze Import Rules and Use them to Your Advantage
CIF (Cost, Insurance & Freight wherein the product price includes insurance and freight cost up to the destination country) as well as FOB (Free on Board wherein the product price is inclusive with only the freight cost to the destination). Determine these terms with a supplier to estimate the landed cost and also conduct risk assessment. Hire an Import Management Company as well as a Freight Forwarder to help you with the cost break-down.
Step 4. Payment Terms
Normally, suppliers will collect a fraction of the overall cost during the production stage. They will then collect the other half once the goods are shipped. Further negotiations can be made though.
Step 5. Fulfill the National Regulatory Requirements
It is your responsibility to satisfy all the regulatory specifications in your own nation when importing solar powered panels from China. Do not continue with importing if these conditions aren't met. Hire a customs broker to help you with the details.
Step 6. Get a Reputable Customs Broker and Forwarder
You can get hold of a dependable record of forwarders in customs offices or localized trade organizations. A customs broker can help you estimate the amount relating to duties needed to pay for all your solar powered panels.
Step 7. Secure a Trial Order
A trial order is imperative to test if importing solar panels from China will go smoothly. In your trial purchase order, take note of the quality of the solar panels, packaging, and other concerns. Make sure you secure all required shipping legal documents.
Step 8. Hire a Quality Inspector
Hire quality assurance inspectors to examine the solar panels during the production stage. Ask for his reports to include all aspects of the product and also your concerns. You can also ask your QA personnel to examine the assembly area for the solar panel products.
Step 9. Transportation and other Customs Clearance Tracking
All transportation relevant transactions will be managed by your freight forwarders, while clearances will be the accountability of your customs brokers.
Step 10. Keep the Importation Records
After receiving your solar powered panels, keep a copy of the transaction papers. After that you are now ready to sell your imported solar panels.
Step 11. Check the Authenticity of Your Products
If you will acquire your solar powered panels through a reseller in China, contact their primary manufacturer and verify the authenticity of the items.
List of Solar powered Panel Corporations in China:
Trina Solar
Hanwha Solar
Suntech
Canadian Solar
LDK Solar
Renesola
Yingli Green Energy
Egwing
Singyes Solar
Linuo
Hanglong
Shunda
Asia Silicon
BYD Solar
Jinko Solar
Trony Solar
GCL Poly
by: how to import solar panels from China
How To Import From China To Usa: Us-china Trade Agreements How To Import From China To Uk - Discover Efficient Ways To Import Products From China How To Import Goods From China To Australia - Top Things You Must Know How To Import Goods From China To Uk - The Benefits Of China-uk Agreement How Much Does It Cost To Import From China - Import Calculator How To Import From China To Canada Understanding China-canada Trade Agreement How To Import Clothes From China - What You Need To Know How To Import Items From China - Top Things To Import How To Import Products From China - Tips From The Expert China Keeps Steady Supply Of Iron Ore A Full View Of China Coal Resource China Mineral Resource Detailed Conclusion China Gas Investment Tends To Boom