How to Import to Australia

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How to Import to Australia - Find Out How Easy It Really Is!

So you would like to learn how to import to Australia? That’s great to hear! Importing is one of the most lucrative trade based businesses you can start.

Importing literally opens up a whole new world of goods that you can bring to Australia. Some might not currently be available in Australia, or maybe you just want to cut out the middleman and save yourself a lot of money through importing, instead of buying from a local Australian wholesaler.

Some other bonuses are:

  1. The benefit of lesser production costs in a lot of Asian countries. Items can frequently be obtained for a mere fraction of the price you’d pay in Australia.
  2. Obtaining a superior quality product. For example, the finest leather fashion shoes come from Europe, whereas Italy makes top quality leather handbags.

The more you learn, the more you’ll discover that importing is actually a relatively easy process. Don’t let yourself be put off by what may seem like an incredibly complicated task - purchasing products from several thousand kilometres away. With just a little bit of knowledge, anybody can do it!

How to Import to Australia

Step #1 - Research a Possible Niche

Market research is a vital step to take before starting any small business - online or offline. You have to to find out if enough people actually want to buy your product in the first place and also check to see how much competition you have. Is the market already saturated or not?

Step #2 - Find A Reliable Supplier

Overseas suppliers can be sourced online or through contacts in local trade organisations. Whatever you do though, make sure you do some background checks on any potential supplier first to make sure they really are who they say! The majority of overseas companies are genuine, but unfortunately there are a few scammers there too.

Step #3 - Check Importing Rules Through Customs

Australian Customs do place some restrictions on the importation of particular products into the country. While most general products aren’t controlled it’s a very good idea to check with Customs first. It’s much easier to find out beforehand than once your goods have already landed and Customs have contacted you with a problem!

Step #4 - Organise Freight

You have 4 main choices to bring your product to Australia - worldwide courier, the postal system, air freight or sea freight. While sea freight is definitely the cheapest method of shipment on a per kg basis, it’s not always suited to the product you need to bring in & other methods like air freight could end up working out cheaper for you.

It’s simply a matter of doing your sums and working out the best option by weighing up the cost factor and how quickly you want your product (air cargo is faster).

Step #5 - Pay For Your Goods

If you haven’t already received one, ask for an invoice from your supplier, & arrange payment through your bank as soon as you’re ready. Pay for you merchandise by means of a safe payment method - not cash in advance and never Western Union.

Step #6 - Clear Through Customs

As soon as your goods arrive in Australia, Customs will require you to fill in an import declaration form so they can clear your products. There’ll also be some stamp duty and taxes to pay before they’ll discharge your goods to you.

Step #7 - Sell Your Goods For An Impressive Profit & Repeat the Process Again!

With a bit of thought and planning, importing to Australia actually isn’t that complicated. You don’t need to be a big business or have tens of thousands to spend to get started (I started importing with less than $500). Importing is a business that almost anyone can do.