How Shipping From China Can Be Beneficial To Your Business

Given that China can now boast to having the fastest growing economy on the planet, it is only reasonable that so many companies are looking to the Asian superpower to produce their goods. Indeed, shipping from China has grown considerably over the last decade or so and some 26% of all containers worldwide can trace their origins back to the country giving a clear indication of its immense economic might and potential.

However, how can importing from China help your business? For a start, competition over there is extremely healthy as more and more manufacturers are trying to entice western companies to use their service and in some cases businesses can have their products made for 30% less by using Chinese manufacturing companies. Examples are evident and plenty; of all the microwaves sold in Europe, nearly 50% are produced in China and the same goes with washing machines where 25% of the market share in production originates in Asia. Even smaller items like cigarette lighters can trace their origins back to China’s massive manufacturing base.

Furthermore, shipping from china has never been easier and most UK freight companies offer very competitive rates to get your goods over to Britain with little hassle. While you could argue that having your goods produced from with the EU – or even inside the UK itself – would eradicate any potential shipping and freight fees that you might experience by shipping from China, you have to consider the massive potential savings in having your goods manufactured in Asia; and that is after you factor in the cost of importing from China.

Imports from China are currently third on the list of UK importation overall (only coming behind the United States and Germany) and it amounts to around £5bn per annum. Even given that wages in China have increased fairly rapidly over the past 2 decades – they are currently about 4 times as high as they were in the late 1980’s – this hasn’t had a massive effect on manufacturing costs and it still makes having your goods made and then importing from China far more efficient and economical then doing the same from, say, Europe or America.

The massive manufacturing and industrial base that China currently has at its disposal as well as its immense and committed workforce make it an extremely attractive prospect for many foreign businesses. It is this gigantic base and numerically colossal workforce that is its own benefit as competition is huge meaning that, if you search around you will find the right price to have your goods manufactured and sent over to the UK. As long as you are using a UK based freight company – many of the Chinese ones and those that are endorsed by Chinese manufacturing companies are often more expensive than their UK counterparts – then importing from China could be an extremely shrew move for your businesses future.