Wenzhou
Importing from Wenzhou to the UK
Wenzhou
Port, nestled in Zhejiang Province, is a natural estuary and
deep-water international seaport that interfaces with the East China
Sea.
It
serves several major factory districts that are integral to the
city's industrial landscape. The key districts include:
-
Wenzhou Economic and Technological Development Zone (WETDZ):
Known for its diverse industrial base, including sectors like
footwear and clothing and high-tech industries such as
biopharmaceuticals, electronics, IT, and new materials.
-
Wenzhou National High-Tech Industrial Development Zone: This
zone focuses on advanced technologies such as optical communication,
photoelectric energy, laser tech and semiconductor lighting.
What are FOB and EXW terms?
UK
importers receiving shipments from Wenzhou Port should be well-versed
in two crucial incoterms: FOB and EXW.
- FOB (Free on
Board)
In FOB terms, the seller must deliver the goods to the nearest port
and handle all expenses and risks until the goods are loaded onto the
shipping vessel.
Once loaded, responsibility shifts to the buyer, who then must manage
all costs related to importing, including customs clearance fees and
transportation from the original port to the final destination.
- EXW (Ex Works)
Under the EXW incoterm, the seller is only required to provide the
goods at their premises, such as a warehouse or factory.
Here, the buyer takes on minimal responsibility from the seller and
is responsible for overseeing all export and import processes, such
as customs clearance, insurance, loading the goods, and
transportation.
Sea Freight service options from
Wenzhou to the UK
Importers
moving goods from Wenzhou port to the UK can choose between two
shipping options based on their product volume.
-
Full Container Load (FCL): Importers can reserve an entire
container solely for their cargo, guaranteeing exclusive use of the
container.
-
Less-than-Container Load (LCL): Importers with smaller cargo
volumes can select this option, sharing container space with other
shippers as their goods do not fill an entire container.
Do you need an export licence?
The
Ministry of Commerce (MoC) categorises products into three groups:
authorised goods, controlled goods, and prohibited goods.
Export
permits from the MoC contain details about the seller(s), buyer(s),
shipment, price, and transportation method.
These
permits are crucial for exporting controlled goods. Chinese Foreign
Trade Companies (FTC) exporting to UK branches must also secure a
permit.
However, trading with foreign vendors in foreign countries
(FOBs) does not necessitate a permit.
What documents should I present to
clear customs?
Shippers
must have the necessary documentation ready to ensure the clearance
of imported products by UK customs. This includes a commercial
invoice, import licence (if needed), Bill of Lading (BL), EORI
number, and packing list.