Export business ideas are a great way to make money from home. This article will help you find out what export businesses are available and how to get started.
You can sell products overseas through exporting. This is a great way to get started if you have a product that people would like to buy. You can either import goods into your country or export them.
Exporting is a great way to diversify your income and expand your business. You can find many ways to do this. You can set up a website to advertise your products, or you can go directly to stores and wholesalers.
You can start a business exporting products from China. You can sell your products to other countries through wholesalers or directly to consumers.
China has become one of the world’s largest economies, and its economy continues to grow rapidly. Its manufacturing sector accounts for about half of the country’s GDP, and exports account for more than 60 percent of total merchandise trade.
The import export Industry has grown tremendously over the past few years because of increased globalization. The U.S Department of Commerce reports that global exports grew at a rate of about 10 percent per year between 2000 and 2007. This means that during those seven years alone, total world commerce more than doubled.
In fact, according to the World Trade Organization, the value of all foreign-trade transactions reached $17 trillion dollars in 2008—a figure expected to reach nearly $20 trillion by 2015. That’s good news for anyone who wants to get involved in the growing field of international trade.
What are the costs involved in opening an import & export business?
There are several factors which determine how much money you will need to invest before getting started on your new venture. These include:
- Your location
- Shipping containers
- Freight insurance
- Customs clearance
- Documentation requirements
- Taxes
- Labor expenses
- Bank charges
- Legal advice
What are some skills and experiences that will help you build a successful import & export business?
You’ll want to develop strong communication skills so that you can effectively manage relationships with customers, vendors, and government officials. Also, you’ll need to learn basic accounting principles so that you know how to keep track of inventory levels, sales figures, and profits. Finally, you’ll need to understand the basics of logistics, marketing, and management.
Export Business Ideas
Starting a new business is exciting, but it can also be overwhelming. There are so many things to consider before you even open your doors. One of the most important decisions you’ll make is choosing the niche for your business.
Here are some of the best export business ideas:
Vehicle Exports Business
If you’re looking for another way to make extra cash, why not start exporting vehicles? There are several advantages associated with selling cars overseas. First, vehicle exports allow you to avoid paying taxes on profits earned outside the U.S. Second, international buyers appreciate the quality of American automobiles because they’ve been engineered using cutting edge technology. Third, car dealers benefit from increased demand for their wares since customers will pay higher prices for luxury models.
International Shipping Services
Another good idea is to offer shipping services to companies located abroad. For example, let’s say you have friends living in Japan. Perhaps you can convince them to hire you as a personal assistant so that you can help them send packages back home. As long as you don’t mind traveling frequently, this job can prove lucrative.
This is one of the trending export business ideas in China.
Auto Parts Exports
You can also turn your passion for auto repair into a profitable side hustle. By offering parts and accessories to exporters around the world, you can earn commissions without ever leaving your house! All you need is access to the internet and basic computer skills.
Computer Exports
Finally, you may decide to become a reseller of computers. Many businesses buy large quantities of used equipment and then refurbish it for resale. However, you won’t necessarily have to travel far to find these types of opportunities. Instead, check local classified ads online and see whether any nearby businesses are willing to part with their old machines.
Chemical Exports
In case you thought starting an export-based business was difficult, think again. You could open a chemical company that sells its products worldwide or even create a line of specialty chemicals designed specifically for use by other manufacturers. Either option provides excellent profit margins due to high sales volume.
Clothing Exports
Starting a clothing manufacturing business isn’t too different than opening a regular retail store. The only difference is that you must first design clothes that meet specific standards. If you do well, you can eventually work towards licensing out your designs to larger brands. This means more money and less effort down the road!
Jewelry Exports
Starting a jewelry manufacturing business doesn’t involve designing anything new; instead, all you need to do is purchase raw materials like gemstones and precious metals such as gold and silver. Afterward, you simply cut, polish, package, and market the pieces. It’s important to note that most countries impose strict regulations on how much imported goods you can own, so be sure to research import laws before getting involved.
Furniture Exports
Furniture manufacturing requires some knowledge about woodworking but otherwise offers little risk. In fact, many furniture makers operate small workshops right inside their homes. So if you already know something about carpentry, this business opportunity might interest you.
Food Exports
Food exports aren’t just tasty—they’re big business. Global trade in food alone exceeds $1 trillion per year, and exporting fresh produce is one of the easiest ways to make extra cash. But there’s a lot more to selling fruits and vegetables than meets the eye: There’s packaging, transportation, marketing, storage, insurance, accounting, and legal requirements. Still interested? Check out this detailed guide to global vegetable farming from our partners at The Nourishing Network.
Paper Products
Exporting paper products includes everything from envelopes to books to diapers to tissue to cardboard boxes. As long as you don’t mind the heavy lifting, you can start making decent income through shipping. And while it takes years to master every aspect of the industry, we’ve put together a free video course that will get you started today.
Textiles & Apparel Exports
Textile manufacturing involves creating fabric items like apparel, bedding, towels, carpeting, and upholstery. While sewing skills are helpful, what really sets textile exporters apart is access to capital. Most factories require significant startup costs which makes them inaccessible to smaller companies. That said, there are plenty of suppliers who specialize in textiles and provide finished products at competitive prices.
Wood Product Exports
Wood product manufacturing consists of producing almost any type of wooden item including floorboards, tables, chairs, etc. However, not all forms of wood are created equal. For example, processed woods like plywood have been treated to increase durability and stability whereas veneers consist of sheets of thin layers of real wood stacked on top of each other.
Leather Products Exports
Leather goods manufacturing is another great way to earn passive income by starting an export-based company. You could sell leather jackets or bags with fashionable designs, build beautiful handbags for women, or even create stylish wallets for men. Just keep in mind that leather care may take additional time and resources.
Footwear Exports
If you enjoy working with your hands then becoming a footwear manufacturer may be perfect fit for you. Many people find themselves doing odd jobs after school when they should probably be focusing on studying. If you fall into this category then starting a footwear manufacturing business might be a good option to consider.
Medical Equipment Exports
Medical equipment manufacturers need highly trained technicians and engineers who understand how medical devices work. This means that getting into this field usually demands several degrees along with practical experience. It also helps to have contacts since finding sales reps isn’t easy.
Coal Exports
Coal mining has become increasingly popular across the globe. Whether coal is used for electricity generation or heating purposes, everyone needs some sort of fuel for their home or workplace. By supplying these facilities, coal miners help businesses meet growing demand for energy. Mining operations are expensive due to machinery maintenance, training, housing, and safety standards. So if you want to turn your passion for coal into profits, think about importing and exporting.
Plastic Exports
Plastic exports include plastic pellets, food packaging materials, and industrial supplies. Starting a plastic exporting business requires expertise in international trade management, supply chain management, marketing, branding, research, and development – just to name a few things. Once you’re ready to launch, you’ll need lots of support so look for partners and allies among existing players in the market.
Environmental Technology Exports
Environmental technology includes everything from recycling to waste disposal. Some industries focus more on one area while others spread out over multiple sectors. Regardless of where you end up specializing, it’s important to know the environmental regulations before diving head first into the industry.
Handmade Product Exports
Handcrafted products require skill, patience, and attention to detail but can provide high returns as long as there is enough interest in them. The best part? They don’t come at a huge price tag! As long as you’ve got the talent, creativity, and vision required to make something unique, you can start selling handmade items online.
Transportation Equipment Exports
Transportation equipment companies offer vehicles such as trucks, buses, trains, ships, planes, boats, cranes, forklifts, and other heavy duty machines needed to move cargo around the world. These types of businesses often involve large capital investments upfront because buying new equipment takes money. However, once purchased, transportation equipment lasts decades which makes it well worth the initial investment.
Smartphone Exports
Smartphones are everywhere today. From phones to tablets, they allow people to stay connected no matter what time zone they might be located in. If you love gadgets like I do then starting a smartphone export company could be right up your alley. 25) Solar Energy Exports
Solar power may be going mainstream throughout Europe soon.
Tech Accessory Exports
Tech accessory manufacturers create devices that enhance our daily lives by making tasks easier. For example, tech accessory makers develop tools that improve productivity, increase convenience, save us time, and even keep us safe. There are many ways to get involved with this type of business idea. One way would be to find a manufacturer who sells its product directly to consumers. Another option is to work with distributors who resell the same products to retailers all over the world.
Home Appliance Exports
Home appliances help us live better everyday. Whether we’re talking about refrigerators or washing machines, these household goods play a vital role in keeping our homes comfortable and clean. Many home appliance manufacturing companies have been able to grow their brands globally due to their ability to produce quality products. So if you want to become a successful entrepreneur, consider getting started in this lucrative field.
Medical Device Exports
Medical device exports include everything from surgical instruments to medical imaging technology. This industry has grown significantly since the 1990s when China began producing cheap generic drugs for Western markets. Today, more than half of global pharmaceutical sales take place outside North America and Western Europe. And while some countries still prefer local production, others rely on imports to meet demand.
Beauty Product Exports
Beauty products exports business can make great side income streams. The beauty market continues to expand at a rapid pace across Asia, Africa, Latin America, Eastern Europe, and the Middle East. In fact, according to one report, women spend $1 trillion dollars per year on cosmetics alone! That’s billion with a “B”. It’s clear that there’s plenty of room for growth here.
Cotton Exports
Cotton is used as raw material to manufacture textiles such as cotton fabrics, clothing, bedding, towels, carpets, rugs, and other textile items which are exported around the globe. Textile industries are among the top employers in India.
Art Exports
Artists use art supplies to create beautiful works of art. These artists often sell their creations online through websites like eBay. Some also choose to exhibit their artwork locally within museums or galleries. Others decide to give away their pieces free of charge to those less fortunate. Whatever path an artist chooses, it usually involves creating something unique using artistic skills.
Meat Exports
Meat is considered a luxury food commodity because of its relatively higher price point compared to fruits, vegetables, grains, dairy, and seafood. However, meat consumption is growing rapidly throughout the developing world. As a result, meat exporters are seeing increased profits each year. While most meat goes towards feeding animals, some ends up being sold abroad.
Seafood Exports
Seafood makes for healthy eating but exporting it requires special care. Fresh fish must always be kept cold during transport and storage. When buying frozen seafood, look for ones that contain no additives or preservatives. Frozen shrimp should not smell bad and taste good too. Shrimp that smells strongly of ammonia means they were stored improperly.
Rice Exports
Rice is a staple crop worldwide? especially in Asian countries. But although rice accounts for about 40% of all grain crops harvested annually, only 2% of total agricultural land is devoted to this single crop. So if you’re looking to start exporting products under this category, consider starting small by first focusing on manufacturing quality packaged foods rather than bulk commodities.
Livestock Exports
Livestock includes cattle, sheep, goats, horses, pigs, poultry, rabbits, and others. Many livestock farmers have started raising exotic breeds of farm animals while others focus more on traditional varieties. Either way, these farms need to meet certain standards before they can become certified organic. This certification process takes time so expect to invest money upfront. Once approved though, organic animal farming provides many benefits:
Organic Food Exports
Organic food exports are expected to grow at a CAGR of over 10% from 2016 to 2021. The market size was valued at $1 billion in 2015 and is projected to reach $2.5 billion by 2020. In addition to consumers’ demand for natural and healthier food options, there’s increasing awareness regarding environmental issues associated with conventional agriculture.
Animal Feed Exports
Animal feed exports include soybean meal, corn gluten meal, wheat middlings, distillers dried grains, cottonseed cake, peanut hulls, sunflower seed cakes, rapeseed oilcake, brewer’s spent grain, brewers yeast, molasses, sugar cane syrup, and others. Most of these raw materials go into making pet food, fertilizer, biogas production, biofuel, and industrial chemicals.
Sugar Exports
Sugar has been used as an important trading product since ancient times. Today, around 80% of global sugar trade occurs between China and India. Other major importers include Japan, South Korea, Taiwan, Thailand, Indonesia, Vietnam, Malaysia, Singapore, Philippines, Australia, New Zealand, Hong Kong, United States, Canada, Brazil, Argentina, Mexico, Chile, Peru, Colombia, Venezuela, Ecuador, Paraguay, Uruguay, Bolivia, Costa Rica, Nicaragua, El Salvador, Guatemala, Honduras, Panama, Jamaica, Trinidad & Tobago, Barbados, Antigua, St.
Packaged Food and Beverage Exports
Packaged food and beverage exports consist of canned meat, fruit juices, coffee beans, tea leaves, cocoa powder, spices, nuts, chocolate, confectionery, dairy products, beverages, spirits, tobacco, pharmaceuticals, cosmetics, toiletries, perfumes, oils, fats, waxes, resins, rubber, plastics, textiles, paper, wood, ceramics, glassware, machinery, equipment, vehicles, and other miscellaneous goods.
Pharmaceutical Exports
Pharmaceutical exports account for the largest share of overall medical devices export value. They also represent one of the fastest growing segments within the industry. According to the World Health Organization, the number of people suffering from chronic diseases such as diabetes, cancer, cardiovascular disease, asthma, arthritis, mental disorders, etc., will increase significantly during the next few decades. As a result, the demand for medicines that treat or prevent those conditions will rise dramatically.
Metal Exports
Metal exports include aluminum, copper, iron ore concentrate, lead concentrates, zinc concentrates, nickel, tin, silver, gold, platinum group metals, steel scrap, ferroalloys, non-ferrous alloys, stainless steels, titanium dioxide, pigments, batteries, electronic components, optical instruments, automotive parts, aircraft engines, turbines, power generation systems, nuclear reactors, ships, marine propulsion units, pumps, compressors, agitators, conveyor belts
Electrical Equipment Exports
Electrical equipment exports are a very lucrative industry. If you want to get into electrical equipment exports, then you need to know how to market yourself effectively.
You can also build a business that exports electrical equipment to builders and businesses.
Beverage Industry Exports
The beverage industry has been growing at a rapid pace over the past few years. This growth has led to more competition among companies, which means there are more opportunities for new brands to enter the market.
Many beverage producers rely heavily on imported ingredients and machinery. And they often need help getting their products into foreign markets.
Petroleum Products Export Business
Petroleum is traded in many forms including crude oil, natural gas liquids, refined petroleum products, asphalt, bitumen, liquefied petroleum gases, propane, butanes, ethylene glycol, polyethylene terephthalate, ethanol, methanol, biodiesel, kerosene, diesel fuel, lubricants, solvents, fuels, and others.
If you have an idea for exporting products, then you should know that there are many ways to go about it. You can either sell directly to customers abroad, or you can find a middleman who will take care of the logistics and marketing for you.
The latter option is usually more lucrative, but it requires a lot of time and effort to set up. If you want to learn more about this type of business, check out our guide on how to export products.
