Most Profitable Items To Import From China To India
China is classified as the second world economy. Its every growing economy is characterized by a centrally planned economy and, of course, is ruled by just a single party. China is a country that is known all over the world for its ability to manufacture unique and less expensive products. When imported, such products have proved to be very profitable. In this article, we are going to feature some of the most profitable items to import from China to India. China and India share a border and hence it is possible to use all three modes of transport to bring your goods to India.
Why buy from China
There are some advantages that China has over most of the countries and this is it able to manufacture high-quality products at the lowest prices. For starters, a large population of China offers not only highly skilled labor but also a cheap one. Secondly, the companies in China get strong support from the government (since most of them are state-owned). Thirdly, the country enjoys huge reserves of rare earth metals that are critical in the manufacture of electronic components. Finally, there is a great supply chain ecosystem.
There is the need for you to work with a uniquely qualified marketplace that not only offers you the most affordable prices but also most options. Alibaba is one of the largest B2B marketplaces. It is possible to buy directly from the manufacturers through Alibaba at a wholesale price. It is free to create an account with Alibaba. Now let us take a look at the most profitable items to import from China to India.
most profitable items to import from China to India
Phones have been the most essential product in one`s life. It is a handy tool and might need to use it while driving either to use google map or speak to someone. The mobile phone holder is an essential product that anyone who owns a car and has a smart will require at some point.
The factory price is approximately $ 1.7 when you buy at least 100 items. If you sell it at a retail price of $ 15, you make a gross profit of more than $ 12.
Wireless phone chargers
The high-end phones from manufacturers today are designed such that they are compatible with wireless chargers. Wireless chargers are not only very efficient, but they also give your home or office a very elegant look. Here is the universal wireless charger you might find interesting going.
Creative illusion lamp
This is a 3D illusion light lamp that has a variety of shapes. The one below depicts an animal for people who love wildlife. The potential customers include soccer fans, office bearers, hoteliers among others. You have up to seven colors.
You buy them in bulk for $ 1.18 and sell them to your customs for approximately $ 7 or more.
Phone protectors’ glasses
Universal IR remotes
This Universal IR remote device is a very interesting gadget. For starters, it is a cellphone plug and so you convert your phone into a remote. What is needed of you is to download an app for your tv or radio and you will be good to go. You do not have to worry about the remote control getting lost. Not need to worry about remote control at all.
You can get one from Alibaba at $ 2 if you buy in bulk.
the estimated retail price is $ 15 so you will make a hefty profit.
Smartwatches have the potential to bring the difference in your business in India. It has very high demand now that smartphones have been widely used. You can start importing them affordably from china and sell them in the Indian market.
There are several smartwatches available in Alibaba and you can pick which brand you wish to sell to your customers. It cost as low as $ 6. At retail price, you sell at $ 12 or more.
Mini Bluetooth speaker
Mini Bluetooth speaker is very suitable for people who wish to have a highly portable speaker that has excellent sound. It is good for outdoor activities. Other than being aesthetically pleasing, this device offers excellent HI-FI sound. It is compatible with all Bluetooth-compatible devices.
You can buy several from Alibaba at approximately $ 4.5. the retail price is approximately $ 10
You may have realized that preparing garlic is a messy process. Pealing, cutting, and grating it is a tedious process. You do not have to worry about it any longer for there are tools to help in that. Garlic cutter/garlic grind is readily available in Alibaba costing approximately $ 0.3 and if you can buy 1000 pieces or more, you can get them at $ 0.23.
The approximate retail price is $ 8 so you will be a substantial profit.
Cutlery set for kids
Cutlery products for kids are a very profitable venture since they are most affordable and their small sizes allow lower production costs. You can get a set for $ 0.45 for a minimum order of 5000. They are very profitable.
Portable USB desk lamp
This is a product you can use alongside your laptop or phone charger. No wires or switches are needed. All you need to do is to plug it in a USB slot and there you got your light. It is an effective product for outdoor activities especially camping. You can get yourself one from Alibaba at $ 0.29 but you need to order at least 100 pieces.
You can sell one at approximately $ 5.00 and get a gross profit of almost 800%. It is worth it.
Virtual reality Glasses box
Virtual reality is one of the most promising technology. It is estimated that the demand for VR boxes is going to rise in the future significantly so will the VR-related contents and app.
One goes for approximately $ 4 and the retail price is approximately $ 12 hence a profit of almost 200%.
Printed t-shirts are available at various prices. Their prices range between $ 3 – $ 7 depending on the quality. Below is one that costs approximately $ 6. The minimum you can order is 1 item.
The estimated retail price is approximately $ 20 so you are likely to make a gross profit of 233%.
disposable diapers/animal pads
Many business people usually go for baby diapers since it has proved to be very profitable. However, pet diapers are another lucrative business. Pet diapers made in China are of great quality. They are the largest supplier in the world. Almost any well-to-do family in India has a dog or a cat. Before they are properly trained, the soil everywhere in the compound. You can use pet diapers instead.
Since you will be buying in bulk, you can purchase one for as low as $ 0.6 and sell them at retail price.
Automatic instance tent
This is a tent that has a capacity of 4 people. It is favored by many people who take pleasure in coming and other outdoor activities.
3 in 1 min survival tool
Like the automatic tent above, there other items need for outdoor activities. If you come from a place where people love camping or work in places where you are likely to get lost, you need items that can help you in such a situation. 3 in 1 survival kit is one that has a compass, a whistle, and a thermometer. It has a key ring, so you will not worry when it comes to carrying it around.
how to import from China to India
The first step is to identify one or more of the most profitable items to import from China to India. Secondly, find the best supplier in China. How you choose your supplier will depend on several factors such as the price, quality of products, after-sale services among others. Thirdly, you need to look for a freight forwarder to help you ship products from China to India. However, if your product is small in size, say a laptop, you might need to use courier companies such as DHL or FedEx. The Two couriers are known to provide door-to-door services. However, if you are importing products in bulk, I would advise you to use a freight forwarder but a customs house agent is needed. The customs-house agent will do the customs clearance work for you.
Do you need a license to import products from China?
According to Indian customs, an import license may be required and may not be required. What determines whether you need an import license is the use of goods. India customs goes further to clarify that you do not need the import license only when what you import is for personal use. Such products are cleared by the customer house agent under the general IEC.
However, if your list of most profitable items to import from China to India includes goods for further manufacturing or trade, you will be required to obtain a license from the DGFT. What if you import goods intended for the trade of further manufacturing without a license? The IEC (import export code) will fine you. The process of obtaining the import license from the IEC is neither costly nor lengthy. You will only need to submit a few documents and you are good to go. After you receive the license, you are now ready to buy any legal product in your list of most profitable items to import from China to India.
How profitable is it to import from China?
There is a list of factors that determine how much you earn from the products in one of your most profitable items to import from China to India. The level of competition is the first one. The demand for items in the market is the second one. The third item is the taxes and customs charged by authorities. Other factors include the commission charged by freight agent, bank charges, mode of transport you select among others.
These are not the only factors that determine how much you make from your list of the most profitable items to import from China to India.
The cheapest mode of transport
The cheapest mode of transport is the slowest one, the sea. However, if you are buying something light in weight, you should go for air transport. The most expensive, yet the fastest on is the air. You can have as much a half a ton of goods transported by air. The land is another convenient way of transporting goods from China to India.
How long does it take for a shipped product to reach India?
India is very close to China. However, it makes up to 15 business days to import from China to India through the sea. It can take up to 7 days if you use air transports. The procurement process is a lengthy one and involves several individuals. So be patient.
Before you choose a supplier, it is important to perform a thorough analysis to avoid scammers and other conman in the market.