Import means bringing goods or services from an outside country to your home country.

Worldwide, importing is a mammoth industry in itself. As per World Bank Data on Import, the United States imported goods worth $ 2248 Billion dollars during the year 2016.

When we talk about import, the one country that comes to our mind is China. Out of the aforesaid $2248 billion dollars of the US imports, China imports accounted for $462 billion dollars (almost 21%).

Researching for profitable products to import from China, buying them & then selling on B2C e-commerce platforms (or on wholesale) is a common strategy being followed by many online sellers. The drop-shipping model is another form of this strategy.

Over the years, China has successfully designated itself as the ultimate global manufacturing hub. So, in this post, we will be talking only about best-selling products that you can import from China.

From the manufacturing point of view, a few advantages enjoyed by China over other countries are:

· Cheap manual labor

· Skilled labor

· Strong government support

· Good capital base

· Adequate reserves of rare earth metals

· Great supply chain ecosystem

I started my business journey with importing products from China. During the course, I learned about various intricacies of international trading like manufacturing, private labeling, import regulations, product quality, certifications etc.

As an importer, I found that shortlisting & selecting products/suppliers is the most difficult part of the importing process.

I prefer using Alibaba for shortlisting & communicating with suppliers. The platform has verified profiles, trust badges & transaction level indicators to ensure that you don’t get scammed.

How do I select products? Well, I follow a checklist. Following the main ingredients of the product selection checklist:

· Simple

· Convenient to use

· Innovative

· Low cost

· High demand

· High-profit margin

· High sales frequency

Be careful with products like medicines, alcohol, tobacco, e-cigarettes etc. These are banned products (for import) in most countries.

From the earnings point of view, importing & reselling is a very successful business model. If done correctly, it can help you not only earn a comfortable living but also build your brand.

To help you get started, following is my curated list of cheap & most profitable products to import from China:

 

BEST & PROFITABLE PRODUCTS TO IMPORT FROM CHINA

 

1. Garlic Grater & Cutter

Peeling, cutting & grating garlic can be time-consuming & messy. Wouldn’t it be awesome if there is a tool to help you ease the process? This is where this high-value product steps in. Following are the business stats for this product:

Estimated cost price (excluding duty & logistics) = $ 0.30

Estimated retail price = $ 8

Gross profit margin (excluding duty & logistics) = 2500%

 

2. Printed T-Shirts For Kids

While printed t-shirts are already quite popular, its printed t-shirts for kids that is still an untapped market. Go get it & resell before your competitor does. Following are the business stats for this product:

Estimated cost price (excluding duty) = $ 1.5

Estimated retail price = $ 20

Gross profit margin (excluding duty & logistics) = 1200 %

 

3. Elastic Jeans Buttons

Sometimes your favorite jeans may not fit your waist. As such, you would want to have a product to solve this problem. Well, you got the new elastic jeans buttons for it. Following are the business stats for this product:

Estimated cost price of a set (excluding duty & logistics) = $ 0.05

Estimated retail price = $ 1.50

Gross profit margin (excluding duty & logistics) = 2900 %

 

4. Nail Art Stamper

This is an awesome nail polish art designer. Due to its nature, it’s going to be in huge demand among young women. Following are the business stats:

Estimated cost price (excluding duty & logistics) = $ 0.80

Estimated retail price = $ 7

Gross profit margin (excluding duty & logistics) = 775 %

 

5. Cutlery Set For Kids

From a business perspective, kid products are always one of the cheapest & most profitable. And, this cutlery set for kids is no different. Following are the business stats:

Estimated cost price (excluding duty & logistics) = $ 1.6

Estimated retail price = $ 10

Gross profit margin (excluding duty & logistics) = 500 %

 

6. Portable USB Desk Lamp

Lighting products enjoy an evergreen demand from household customers. This innovative product ensures lighting without a wire & a switch. To operate this light, all you need to do is plug (into a USB slot) & play. Indeed a perfect product for camping & other outdoor activities. Following are the business stats for this product:

Estimated cost price (excluding duty & logistics) = $ 0.59

Estimated retail price = $ 5

Gross profit margin (excluding duty & logistics) = 900 %

 

7. 3 in 1 Mini Survival Tool

What all do you need when you are stuck somewhere (like a desert or a forest)? A compass, a thermometer & a whistle? This product has all three of them embedded into one key ring. Following are the business stats for this product:

Estimated cost price (excluding duty & logistics) = $ 1.65

Estimated retail price = $ 10

Gross profit margin (excluding duty & logistics) = 500 %

 

8. Mobile Phone Holder

Since past few years, mobile phone accessories have been one of the hottest selling categories of products. With the rise in the use of smartphones, sales of accessories have also risen. Mobile phone holder is one such latest mobile phone accessory. It can be mounted on any exterior support. Following are the business stats for this product:

Estimated cost price (excluding duty & logistics) = $ 1

Estimated retail price = $ 15

Gross profit margin (excluding duty & logistics) = 1400 %

 

9. Universal IR Remote

Can you convert your smartphone into a remote that controls all your electronic devices? Yes, you can do that with this innovative IR remote plug. Simply plug it into your smartphone, download the app & you are good to go. Following are the business stats of this product:

Estimated cost price (excluding duty & logistics) = $ 3

Estimated retail price = $ 12

Gross profit margin (excluding duty & logistics) = 300 %

 

10. Virtual Reality Glasses Box

Most technology leaders have started to invest in the technology of future called Virtual Reality. There will be a huge demand in future for these VR supported products as VR related content, apps & platform take off. Following are the business stats for this product:

Estimated cost price (excluding duty & logistics) = $ 2.95

Estimated retail price = $ 10

Gross profit margin (excluding duty & logistics) = 200 %

 

So we have our curated list of most profitable products to import from China completed.

To succeed at importing ( & subsequent trading) of products, it’s important that you select the right product & work with the right supplier, Bliss Sourcing can help you sourcing in China.