Import to China

For many recent years, China has been the number 2 economy in the world in terms of GDP.

The most recent imports of China are led by Crude Petroleum ($287B), Integrated Circuits ($232B), Iron Ore ($103B), Petroleum Gas ($72.7B), and Gold ($67.6B). The most common import partners for China are United States ($151B), South Korea ($150B), Japan ($135B), Australia ($123B)

All goods imported into China are subject to the nation's value-added tax (VAT) of either 13 percent or 17 percent . The 13 percent tax is available for certain goods that fall mainly within the categories of agricultural and utility items, while the 17 percent tax applies to other goods subject to the VAT tax.

Necessary documents vary by product but may include standard documents such as a bill of lading, invoice, shipping list, customs declaration, insurance policy, and sales contract as well as more specialized documents such as an import quota certificate for general commodities (where applicable), import license and others.

Considering all the difficulties with importing goods into China, ASI can serve as your high-efficient customs broker, or even a local trading agent. Relying on our expertise and vast experience, we can provide you with comprehensive solutions for your import and make customs clearance quicker and easier. Thus, we save time and money for our clients.

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