Wuxi
Importing from Wuxi to the UK
Wuxi
port, located in Changjian, primarily handles the import and export
of containers.
It
serves factory districts like Wuxi New District (WND), a high-tech
industrial zone focusing on electronics, new materials, and
information technology.
Wuxi Port also has close ties to Huishan.
Known
for its robust textile and garment industries, Huishan also supports
various other manufacturing sectors, including machinery, automotive
parts, and electronics​.
What are FOB and EXW terms?
The
two essential incoterms for UK importers receiving shipments from
Wuxi Port are FOB and EXW.
- FOB (Free on
Board)
When goods are sold FOB, the seller bears all costs and liabilities
up until they are loaded onto a shipping vessel and delivered to the
closest port.
After the item is loaded, ownership passes to the buyer, who is then
in charge of handling all import-related expenses, such as customs
clearance charges and shipping from the point of origin to the
destination.
- EXW (Ex Works)
The seller's only obligation under the EXW incoterm is to deliver the
goods to their location, which may include a factory or warehouse.
In this scenario, the buyer assumes minimal responsibility from the
seller and is in charge of managing all export and import procedures,
including insurance, loading the goods, customs clearance, and
transportation.
Sea Freight service options from Wuxi
to the UK
Depending
on the volume of their products, importers transferring goods from
Wuxi port to the UK have a choice between two shipping methods.
- Full Container
Load (FCL)
Importers can reserve a whole container just for their goods,
ensuring that the container will be used only for that purpose.
- Less-than-Container
Load (LCL)
This option is available to importers with lower cargo volumes; as
their goods do not fill an entire container, they share container
space with other shippers.
Do you need an export licence?
Products
are divided into three groups by the Ministry of Commerce (MoC):
authorised goods, controlled goods, and prohibited goods.
The
MoC's export permits provide information about the buyer(s),
seller(s), shipment, cost, and mode of transportation.
The
export of restricted goods requires these permits. Permission is also
required for Chinese Foreign Trade Companies (FTC) exporting to UK
branches. On the other hand, no permit is required for trading with
foreign vendors in foreign countries (FOBs).
Customs import clearance: Essential
documents
To
guarantee that imported goods are cleared by UK customs, shippers
must be prepared with the required paperwork. A bill of lading (BL),
packing list, EORI number, commercial invoice, and import licence (if
applicable) are all included in this.