Wholesale Jewelry Exports and Tariffs

One thing that many Chinese exporters overlook are their export costs. Inexperienced individuals will find a trading company at too high of cost. Sometimes trading companies want upward of 12% of the COG (total cost of goods.) However, its possible to get the trading company down to a much lower cost around 1%.

A trading company will help you with numerous shipping needs.  They will identify if your item has an HS Code (tariff code which btw, can be a huge hassle if not identified correctly.  Goods can be sent back or you may be levied a fine. I can go into the intimate details ;).)  provide material and moral support through customs, get the goods shipped to the target country, and even have some sort of guarantee through the target countries customs.

The tariff policy is complicated especially when it pertains to jewelry. Wholesale jewelry is manufactured out of multiple materials all having  different classifications.  It it’s crucial that you pair with a good trading company who will analyze the jewelry to determine the proper tariff code.  See the next part in a few days.