Trade Flock - How to Import Solar Panels From China? TradeFlock - Import Solar Panels Magazine | Page 15

The Steps of “How to Import Solar Panels
from China?”
Step1. Establish a Partnership with Supplier
Initiate and establish contact with Chinese solar panel
producers/suppliers. Inform them about your company.
The majority producers in China already have importing
partners so it’s better to select renowned corporations.
For supplier qualification schemes importer should
determine how long they have been in the
manufacturing business and additionally the number
trade shows they have attended.
Step2. Mutual Agreements
An importer should examine the quality of the items
and discuss all the provisions concerning shipping
and pricing. The importer must try to place a trial
order so that it will confirm their collaterals, packaging,
insurance terms, and other guidelines.
Step3. Learn Trade Terms
The most frequently used terms are FOB (Free on
Board meaning the cost for the products include
freight cost to the destination country) and CIF (Cost,
Insurance, and Freight meaning the price of the
products include insurance as well as freight costs
towards the destination). Must verify all details with
Chinese distributor or supplier so you can execute
risk assessment and additionally confirm approximate
landing costs. Also, seek assistance from an Import
Management Company and a freight forwarder for a
detailed cost breakdown and for other documentation.
Step4. Payment Schemes and Negotiation
Most frequently, suppliers will collect a fraction
of the total cost during the ordering stage and the
other half when the merchandise is shipped.
Importers can further negotiate these payment schemes.
Step5. Meet the Regulatory Requirements
Importers
are
required
to
verify
his/her
shipment meets all the regulatory requirements. The
importer should at least need to be compliant with basic
regulations.
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