SlideShare a Scribd company logo
How to export from China to Ghana
Economic Complexity Index (ECI) puts Ghana as the 100th
most complex economy. Top exports of
Ghana are Gold ($5.56B), Cocoa Beans ($5.02B), Crude Petroleum ($3.48B), Special Purpose Ships
($608M) and Cocoa Paste ($399M) (2013). Special Purpose Ships ($1.55B), Refined Petroleum
($705M), Cars ($651M), Delivery Trucks ($442M) and Rice ($404M) make to its top list of imports.
Power and electrical supplies, oil and gas, telecommunications, transportation, heavy equipment
including construction equipments and agricultural sector are the lucrative sectors for investment in
trade.
First diplomatic relations between China and Ghana started from 1960. China is the second largest
exporter to Ghana. Ghana imports $2.87B (2013) worth goods from China which comprise of
machines, metals, cotton and fabrics, chemical products including pesticides. China exports $129M
worth processed food including tomatoes, fish, baked goods etc. Non fillet frozen fish earns $11.1M
foreign exchange to China from Ghana, tea and onions constitute $7M.
The Export Process:
The shipping of exports from China involves the involvement of the supplier, shipping agent,
customs agent and the Government’s export customs authority. Supplier of the product when
completes manufacturing the desired lot, the supplier contacts the shipping agent to book space on
the shipping vessel. The supplier provides the customs agent all the required documents and the
agent in turn passes those documents to the Exports Customs Authority along with the goods
delivered to the container terminal and the export duties on behalf of supplier. The goods may
undergo audit by the authority to validate the documents with goods on sight. Approved goods get
a clearance certificate and required approval documents. The container is sealed and loaded on the
shipping vessel. The shipping agent receives the bill of lading once the vessel departs upon whose
receipt the supplier can apply for refund of Value Added Tax under National Chinese Tax Bureau.
Basic market essentialities
Here are the most crucial points to be considered while the Chinese exporter decides to operate in
Ghana:
 Analyze structure, size and volume of the industry
 Competitive players’ analysis and strengthening the company alongside
 Alterations in product line based on requirement of Ghana
 Knowledgeable selection of packing, pricing and labeling according to Ghana requirements
 Standards and regulations of the products for Ghana
The basic list of documentation that the exporter should be prepared with, in accordance with
the product requirements are:
 Bill of Lading
 Airway bills
 Commercial invoice
 Consular invoice
 Certificate of origin
 NAFTA Certificate of Origin
 Inspection Certification
 Doc receipt and a warehouse receipt
 Destination control statement
 Shippers export declaration
 Export Licence
 Export packing list
 Insurance certificate
The documents to be compiled from the Exporter in China are:
1. Quotation
2. Sales contract (requires buyer consent and participation)
3. Pro Forma invoice, Customs invoice
4. Commercial invoice
5. Packing list
6. Inspection certificate (inspection company or exporter applies for this)
7. Insurance certificate
8. Product testing certificates, Phytosanitary certificate, Fumigation certificate and health
certificate (Obtained from accredited labs by the exporter)
9. Financial documents: Standby credit, collection instruction, Bill of Exchange (Draft)
10. Export declaration
Here are the government documents to be obtained and the specific department that issues
them:
1. Certificate of Origin (CO) - Trade and Industry Department and five Chambers of Commerce
2. Certificate of Origin Generalized Systems of Preferences (GSP) Form A (or as Form A) - Trade
and Industry Department and five Chambers of Commerce
3. Import / Export Licence - Trade and Industry Department, Customs & Excise Department
4. International Import Certificate (IIC) - Trade and Industry Department
5. Delivery Verification Certificate (DVC) - Trade and Industry Department
6. Landing Certificate - Census and Statistics Department
The Gateway Services Ltd (GSL) established by the Government of the Republic of Ghana through
the Ministry of Trade and Industry (MOTI) is set up to eliminate opportunities for fraud, fiscal
evasion and price discrimination. The organization achieves its purpose by keeping vigilance on
invoices, valuation of goods, and tariff code declaration and adherence.
The flow of documentation and import process from Ghana is as mentioned below:
 The importer should submit electronic Import Declaration Form (IDF), Supplementary
Information Document (SID- application available of customer care desk of GSL) to GSL at
either Accra, Tema or Takoradi, 21 days before the scheduled receipt of goods. Total invoice
value (TIV) should contain the breaks of FOB (Freight on Board), freight and Insurance.
Signed customs declaration along with supporting documents like bill of lading, invoice, IDF,
FCVR, the packing list, IRS certificate along with other permits and documents at any of the
GC net participating banks like Ecobank, Ghana Commercial Bank. Special bank receipts are
given after required payment.
The tariff indicated in the declaration includes:
 Import Duty (ID): Calculation is based on the CEPS Tax Schedule
 Import VAT (IV) + NHIL; (12.5% + 2.5%) x (ID +TIV)
 Import Special Excise (Where Applicable)
 Import Excise Duty (Normally charged on luxurious goods)
 Processing Fee: 1 % TIV
 ECOWAS Levy (EL): 0.5% x TIV
 Export Development Levy (EDL): 0.5% x TIV
 GSL issues a unique Verification order (VO) which is electronically shared with GSL
representative in China. Buyer needs to submit the final invoice, special bank receipt, bill of
lading, packing list, shipping documents or any other document related to the import is to
be submitted to the nearest GSL office.
 The GSL classifies, valuates and assesses the risk of the import goods based on the
documents. In addition, clearance is subject to physical examination (Destination Inspection
Scheme) by Customs upon arrival of goods. Gateway lock will be issued if any discrepancy is
observed which is otherwise cleared with the gateway pass to gain entry into the country.
(Source: Ghana Export Guidelines)
For more details Visit us at: http://www.eximdesk.com/buzz/how-to-export-from-china-to-
ghana?channel=Organic_Doc

More Related Content

What's hot

Central excise clearance
Central excise clearanceCentral excise clearance
Central excise clearance
Chandan Singh
 
Custom clearance procedure for export
Custom clearance procedure for exportCustom clearance procedure for export
Custom clearance procedure for export
StudsPlanet.com
 
Export
ExportExport
Export
VIVEK M S
 
Unit v export incentives
Unit v export incentivesUnit v export incentives
Unit v export incentives
Sanjeev Patel
 
Pharmaceutical Export Documentation, Procedure and Incoterms
Pharmaceutical Export Documentation, Procedure and IncotermsPharmaceutical Export Documentation, Procedure and Incoterms
Pharmaceutical Export Documentation, Procedure and Incoterms
Muhammad Ali Jehangir
 
Import export custom clearance process
Import export custom clearance processImport export custom clearance process
Import export custom clearance process
Arun Kumar Krishnan
 
export procedure
export procedureexport procedure
export procedure
shaleenpandya
 
Export and import
Export and importExport and import
Export and import
mahavir777
 
Procedure for clearance of steel imports in india
Procedure for clearance of steel imports in indiaProcedure for clearance of steel imports in india
Procedure for clearance of steel imports in india
Madhusoodhanan Sayeenathan
 
Assignment on export and import procedures of flying king exports and imports...
Assignment on export and import procedures of flying king exports and imports...Assignment on export and import procedures of flying king exports and imports...
Assignment on export and import procedures of flying king exports and imports...
Juhi Shah
 
Export marketing assignment
Export marketing assignmentExport marketing assignment
Export marketing assignment
Gaurav Jadhav
 
EXIM & Cargo
EXIM & Cargo EXIM & Cargo
EXIM & Cargo
Deep Verma
 
steps of export from india
steps of export from india steps of export from india
steps of export from india
rishi rathod
 
Export procedure and documentation
Export procedure and documentationExport procedure and documentation
Export procedure and documentation
Rishi Dange
 
Export procedure presentation
Export procedure presentationExport procedure presentation
Export procedure presentation
videshvepaar .com
 
Establishing of export firm
Establishing of export firmEstablishing of export firm
Establishing of export firm
Hitesh Chawla
 
Export incentives & Exemptions
Export incentives & ExemptionsExport incentives & Exemptions
Export incentives & Exemptions
eibindia
 
Exports from india scheme
Exports from india scheme Exports from india scheme
Exports from india scheme
Machiraju Presentations Pvt. Ltd.
 
Export Import form India - Tax Saving
Export Import form India - Tax SavingExport Import form India - Tax Saving
Export Import form India - Tax Saving
CA-Amit
 
Import and Export laws for UK
Import and Export laws for UKImport and Export laws for UK
Import and Export laws for UK
Bhooshan Kanani
 

What's hot (20)

Central excise clearance
Central excise clearanceCentral excise clearance
Central excise clearance
 
Custom clearance procedure for export
Custom clearance procedure for exportCustom clearance procedure for export
Custom clearance procedure for export
 
Export
ExportExport
Export
 
Unit v export incentives
Unit v export incentivesUnit v export incentives
Unit v export incentives
 
Pharmaceutical Export Documentation, Procedure and Incoterms
Pharmaceutical Export Documentation, Procedure and IncotermsPharmaceutical Export Documentation, Procedure and Incoterms
Pharmaceutical Export Documentation, Procedure and Incoterms
 
Import export custom clearance process
Import export custom clearance processImport export custom clearance process
Import export custom clearance process
 
export procedure
export procedureexport procedure
export procedure
 
Export and import
Export and importExport and import
Export and import
 
Procedure for clearance of steel imports in india
Procedure for clearance of steel imports in indiaProcedure for clearance of steel imports in india
Procedure for clearance of steel imports in india
 
Assignment on export and import procedures of flying king exports and imports...
Assignment on export and import procedures of flying king exports and imports...Assignment on export and import procedures of flying king exports and imports...
Assignment on export and import procedures of flying king exports and imports...
 
Export marketing assignment
Export marketing assignmentExport marketing assignment
Export marketing assignment
 
EXIM & Cargo
EXIM & Cargo EXIM & Cargo
EXIM & Cargo
 
steps of export from india
steps of export from india steps of export from india
steps of export from india
 
Export procedure and documentation
Export procedure and documentationExport procedure and documentation
Export procedure and documentation
 
Export procedure presentation
Export procedure presentationExport procedure presentation
Export procedure presentation
 
Establishing of export firm
Establishing of export firmEstablishing of export firm
Establishing of export firm
 
Export incentives & Exemptions
Export incentives & ExemptionsExport incentives & Exemptions
Export incentives & Exemptions
 
Exports from india scheme
Exports from india scheme Exports from india scheme
Exports from india scheme
 
Export Import form India - Tax Saving
Export Import form India - Tax SavingExport Import form India - Tax Saving
Export Import form India - Tax Saving
 
Import and Export laws for UK
Import and Export laws for UKImport and Export laws for UK
Import and Export laws for UK
 

Viewers also liked

Agricultural education show
Agricultural education showAgricultural education show
Agricultural education show
John Gryder
 
Open Access to Agricultural Research and Education
Open Access to Agricultural Research and EducationOpen Access to Agricultural Research and Education
Open Access to Agricultural Research and Education
Sridhar Gutam
 
Global Wheat Outlook
Global Wheat OutlookGlobal Wheat Outlook
Global Wheat Outlook
CIMMYT
 
Russian geography pt 3
Russian geography pt 3Russian geography pt 3
Russian geography pt 3
jsubbotin
 
Russian geography
Russian geographyRussian geography
Russian geography
jsubbotin
 
Mary & Jesus
Mary & JesusMary & Jesus
Mary & Jesus
guest716dc8
 
Phil Staisiak
Phil StaisiakPhil Staisiak
Phil Staisiak
MAYEURO
 
Russia geography
Russia  geographyRussia  geography
Russia geography
MrO97
 
The russian revolution
The russian revolutionThe russian revolution
The russian revolution
Tridha Rajaram
 
Return from Investment in agricultural education, research and outreach exten...
Return from Investment in agricultural education, research and outreach exten...Return from Investment in agricultural education, research and outreach exten...
Return from Investment in agricultural education, research and outreach exten...
GCARD Conferences
 
Let´s learn about russia
Let´s learn about russiaLet´s learn about russia
Let´s learn about russia
Rosafersa
 
Russia presentation
Russia presentationRussia presentation
Russia presentation
PalomaCastro
 
The Russian Revolution
The Russian RevolutionThe Russian Revolution
The Russian Revolution
tk11sport
 
Russia
RussiaRussia
Russia
ccroce
 
Green ideas12 agricom_session_ppt_20121025_ak
Green ideas12 agricom_session_ppt_20121025_akGreen ideas12 agricom_session_ppt_20121025_ak
Green ideas12 agricom_session_ppt_20121025_ak
cthanopoulos
 
Russian presentation
Russian presentationRussian presentation
Russian presentation
beebemeister
 
How to Become a Thought Leader in Your Niche
How to Become a Thought Leader in Your NicheHow to Become a Thought Leader in Your Niche
How to Become a Thought Leader in Your Niche
Leslie Samuel
 

Viewers also liked (17)

Agricultural education show
Agricultural education showAgricultural education show
Agricultural education show
 
Open Access to Agricultural Research and Education
Open Access to Agricultural Research and EducationOpen Access to Agricultural Research and Education
Open Access to Agricultural Research and Education
 
Global Wheat Outlook
Global Wheat OutlookGlobal Wheat Outlook
Global Wheat Outlook
 
Russian geography pt 3
Russian geography pt 3Russian geography pt 3
Russian geography pt 3
 
Russian geography
Russian geographyRussian geography
Russian geography
 
Mary & Jesus
Mary & JesusMary & Jesus
Mary & Jesus
 
Phil Staisiak
Phil StaisiakPhil Staisiak
Phil Staisiak
 
Russia geography
Russia  geographyRussia  geography
Russia geography
 
The russian revolution
The russian revolutionThe russian revolution
The russian revolution
 
Return from Investment in agricultural education, research and outreach exten...
Return from Investment in agricultural education, research and outreach exten...Return from Investment in agricultural education, research and outreach exten...
Return from Investment in agricultural education, research and outreach exten...
 
Let´s learn about russia
Let´s learn about russiaLet´s learn about russia
Let´s learn about russia
 
Russia presentation
Russia presentationRussia presentation
Russia presentation
 
The Russian Revolution
The Russian RevolutionThe Russian Revolution
The Russian Revolution
 
Russia
RussiaRussia
Russia
 
Green ideas12 agricom_session_ppt_20121025_ak
Green ideas12 agricom_session_ppt_20121025_akGreen ideas12 agricom_session_ppt_20121025_ak
Green ideas12 agricom_session_ppt_20121025_ak
 
Russian presentation
Russian presentationRussian presentation
Russian presentation
 
How to Become a Thought Leader in Your Niche
How to Become a Thought Leader in Your NicheHow to Become a Thought Leader in Your Niche
How to Become a Thought Leader in Your Niche
 

Similar to How to export from china to ghana

Points to consider while exporting from usa to nigeria
Points to consider while exporting from usa to nigeriaPoints to consider while exporting from usa to nigeria
Points to consider while exporting from usa to nigeria
sandyr2015
 
International business notes Chapter 12
International business notes Chapter 12International business notes Chapter 12
International business notes Chapter 12
Sumit Palwe
 
Eco
EcoEco
Ib
IbIb
Strategy of doing export business
Strategy of doing export businessStrategy of doing export business
Strategy of doing export business
DR. ASHIS DASH
 
International Trade Training March 2012
International Trade Training March 2012International Trade Training March 2012
International Trade Training March 2012
wannabesailer
 
How to export
How to exportHow to export
How to export
vikrant0107
 
Marie Hladikova
Marie HladikovaMarie Hladikova
Exports from india guidelines basics
Exports from india guidelines basicsExports from india guidelines basics
Exports from india guidelines basics
mohanmannepalli
 
Export Procedures and Documentations in the Philippines
Export Procedures and Documentations in the PhilippinesExport Procedures and Documentations in the Philippines
Export Procedures and Documentations in the Philippines
Mary Anne Cristobal
 
Import Basics
Import BasicsImport Basics
Import Basics
gaidalcain
 
Export documents
Export documents Export documents
Export documents
d.u.v.sai eswar reddy
 
export international
export internationalexport international
export international
D.U.V.Sai Eswar Reddy
 
Export procedure
Export procedureExport procedure
Export procedure
Jay Parekh
 
Afr how to export top china dhl global forwarding
Afr how to export top china dhl global forwardingAfr how to export top china dhl global forwarding
Afr how to export top china dhl global forwarding
ProColombia
 
Customs Clearance - The Must Knows.docx
Customs Clearance - The Must Knows.docxCustoms Clearance - The Must Knows.docx
Customs Clearance - The Must Knows.docx
Transworld Group
 
How to export goods
How to export goodsHow to export goods
How to export goods
Harpreet Singh
 
A General Presentation On Customs Clearance Procedure In India
A General Presentation On Customs Clearance Procedure In IndiaA General Presentation On Customs Clearance Procedure In India
A General Presentation On Customs Clearance Procedure In India
Tracy Drey
 
I N T E R N A T I O N A L T R A D E P R E S E N T A T I O N B Y H A R R Y
I N T E R N A T I O N A L  T R A D E   P R E S E N T A T I O N  B Y  H A R R YI N T E R N A T I O N A L  T R A D E   P R E S E N T A T I O N  B Y  H A R R Y
I N T E R N A T I O N A L T R A D E P R E S E N T A T I O N B Y H A R R Y
harpritpal
 
International trade : Policy perspective and Startup strategy
International trade : Policy perspective and Startup strategyInternational trade : Policy perspective and Startup strategy
International trade : Policy perspective and Startup strategy
DR. ASHIS DASH
 

Similar to How to export from china to ghana (20)

Points to consider while exporting from usa to nigeria
Points to consider while exporting from usa to nigeriaPoints to consider while exporting from usa to nigeria
Points to consider while exporting from usa to nigeria
 
International business notes Chapter 12
International business notes Chapter 12International business notes Chapter 12
International business notes Chapter 12
 
Eco
EcoEco
Eco
 
Ib
IbIb
Ib
 
Strategy of doing export business
Strategy of doing export businessStrategy of doing export business
Strategy of doing export business
 
International Trade Training March 2012
International Trade Training March 2012International Trade Training March 2012
International Trade Training March 2012
 
How to export
How to exportHow to export
How to export
 
Marie Hladikova
Marie HladikovaMarie Hladikova
Marie Hladikova
 
Exports from india guidelines basics
Exports from india guidelines basicsExports from india guidelines basics
Exports from india guidelines basics
 
Export Procedures and Documentations in the Philippines
Export Procedures and Documentations in the PhilippinesExport Procedures and Documentations in the Philippines
Export Procedures and Documentations in the Philippines
 
Import Basics
Import BasicsImport Basics
Import Basics
 
Export documents
Export documents Export documents
Export documents
 
export international
export internationalexport international
export international
 
Export procedure
Export procedureExport procedure
Export procedure
 
Afr how to export top china dhl global forwarding
Afr how to export top china dhl global forwardingAfr how to export top china dhl global forwarding
Afr how to export top china dhl global forwarding
 
Customs Clearance - The Must Knows.docx
Customs Clearance - The Must Knows.docxCustoms Clearance - The Must Knows.docx
Customs Clearance - The Must Knows.docx
 
How to export goods
How to export goodsHow to export goods
How to export goods
 
A General Presentation On Customs Clearance Procedure In India
A General Presentation On Customs Clearance Procedure In IndiaA General Presentation On Customs Clearance Procedure In India
A General Presentation On Customs Clearance Procedure In India
 
I N T E R N A T I O N A L T R A D E P R E S E N T A T I O N B Y H A R R Y
I N T E R N A T I O N A L  T R A D E   P R E S E N T A T I O N  B Y  H A R R YI N T E R N A T I O N A L  T R A D E   P R E S E N T A T I O N  B Y  H A R R Y
I N T E R N A T I O N A L T R A D E P R E S E N T A T I O N B Y H A R R Y
 
International trade : Policy perspective and Startup strategy
International trade : Policy perspective and Startup strategyInternational trade : Policy perspective and Startup strategy
International trade : Policy perspective and Startup strategy
 

Recently uploaded

Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
AnnySerafinaLove
 
How to Implement a Real Estate CRM Software
How to Implement a Real Estate CRM SoftwareHow to Implement a Real Estate CRM Software
How to Implement a Real Estate CRM Software
SalesTown
 
Zodiac Signs and Food Preferences_ What Your Sign Says About Your Taste
Zodiac Signs and Food Preferences_ What Your Sign Says About Your TasteZodiac Signs and Food Preferences_ What Your Sign Says About Your Taste
Zodiac Signs and Food Preferences_ What Your Sign Says About Your Taste
my Pandit
 
Digital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and TemplatesDigital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and Templates
Aurelien Domont, MBA
 
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdfikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
agatadrynko
 
Recruiting in the Digital Age: A Social Media Masterclass
Recruiting in the Digital Age: A Social Media MasterclassRecruiting in the Digital Age: A Social Media Masterclass
Recruiting in the Digital Age: A Social Media Masterclass
LuanWise
 
Understanding User Needs and Satisfying Them
Understanding User Needs and Satisfying ThemUnderstanding User Needs and Satisfying Them
Understanding User Needs and Satisfying Them
Aggregage
 
BeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdfBeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdf
DerekIwanaka1
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
Adam Smith
 
Best Forex Brokers Comparison in INDIA 2024
Best Forex Brokers Comparison in INDIA 2024Best Forex Brokers Comparison in INDIA 2024
Best Forex Brokers Comparison in INDIA 2024
Top Forex Brokers Review
 
2024-6-01-IMPACTSilver-Corp-Presentation.pdf
2024-6-01-IMPACTSilver-Corp-Presentation.pdf2024-6-01-IMPACTSilver-Corp-Presentation.pdf
2024-6-01-IMPACTSilver-Corp-Presentation.pdf
hartfordclub1
 
Company Valuation webinar series - Tuesday, 4 June 2024
Company Valuation webinar series - Tuesday, 4 June 2024Company Valuation webinar series - Tuesday, 4 June 2024
Company Valuation webinar series - Tuesday, 4 June 2024
FelixPerez547899
 
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
SOFTTECHHUB
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
Adam Smith
 
3 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 20243 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 2024
SEOSMMEARTH
 
Exploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social DreamingExploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social Dreaming
Nicola Wreford-Howard
 
In the Adani-Hindenburg case, what is SEBI investigating.pptx
In the Adani-Hindenburg case, what is SEBI investigating.pptxIn the Adani-Hindenburg case, what is SEBI investigating.pptx
In the Adani-Hindenburg case, what is SEBI investigating.pptx
Adani case
 
An introduction to the cryptocurrency investment platform Binance Savings.
An introduction to the cryptocurrency investment platform Binance Savings.An introduction to the cryptocurrency investment platform Binance Savings.
An introduction to the cryptocurrency investment platform Binance Savings.
Any kyc Account
 
Top mailing list providers in the USA.pptx
Top mailing list providers in the USA.pptxTop mailing list providers in the USA.pptx
Top mailing list providers in the USA.pptx
JeremyPeirce1
 
Authentically Social Presented by Corey Perlman
Authentically Social Presented by Corey PerlmanAuthentically Social Presented by Corey Perlman
Authentically Social Presented by Corey Perlman
Corey Perlman, Social Media Speaker and Consultant
 

Recently uploaded (20)

Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
 
How to Implement a Real Estate CRM Software
How to Implement a Real Estate CRM SoftwareHow to Implement a Real Estate CRM Software
How to Implement a Real Estate CRM Software
 
Zodiac Signs and Food Preferences_ What Your Sign Says About Your Taste
Zodiac Signs and Food Preferences_ What Your Sign Says About Your TasteZodiac Signs and Food Preferences_ What Your Sign Says About Your Taste
Zodiac Signs and Food Preferences_ What Your Sign Says About Your Taste
 
Digital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and TemplatesDigital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and Templates
 
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdfikea_woodgreen_petscharity_cat-alogue_digital.pdf
ikea_woodgreen_petscharity_cat-alogue_digital.pdf
 
Recruiting in the Digital Age: A Social Media Masterclass
Recruiting in the Digital Age: A Social Media MasterclassRecruiting in the Digital Age: A Social Media Masterclass
Recruiting in the Digital Age: A Social Media Masterclass
 
Understanding User Needs and Satisfying Them
Understanding User Needs and Satisfying ThemUnderstanding User Needs and Satisfying Them
Understanding User Needs and Satisfying Them
 
BeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdfBeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdf
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
 
Best Forex Brokers Comparison in INDIA 2024
Best Forex Brokers Comparison in INDIA 2024Best Forex Brokers Comparison in INDIA 2024
Best Forex Brokers Comparison in INDIA 2024
 
2024-6-01-IMPACTSilver-Corp-Presentation.pdf
2024-6-01-IMPACTSilver-Corp-Presentation.pdf2024-6-01-IMPACTSilver-Corp-Presentation.pdf
2024-6-01-IMPACTSilver-Corp-Presentation.pdf
 
Company Valuation webinar series - Tuesday, 4 June 2024
Company Valuation webinar series - Tuesday, 4 June 2024Company Valuation webinar series - Tuesday, 4 June 2024
Company Valuation webinar series - Tuesday, 4 June 2024
 
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
Hamster Kombat' Telegram Game Surpasses 100 Million Players—Token Release Sch...
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
 
3 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 20243 Simple Steps To Buy Verified Payoneer Account In 2024
3 Simple Steps To Buy Verified Payoneer Account In 2024
 
Exploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social DreamingExploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social Dreaming
 
In the Adani-Hindenburg case, what is SEBI investigating.pptx
In the Adani-Hindenburg case, what is SEBI investigating.pptxIn the Adani-Hindenburg case, what is SEBI investigating.pptx
In the Adani-Hindenburg case, what is SEBI investigating.pptx
 
An introduction to the cryptocurrency investment platform Binance Savings.
An introduction to the cryptocurrency investment platform Binance Savings.An introduction to the cryptocurrency investment platform Binance Savings.
An introduction to the cryptocurrency investment platform Binance Savings.
 
Top mailing list providers in the USA.pptx
Top mailing list providers in the USA.pptxTop mailing list providers in the USA.pptx
Top mailing list providers in the USA.pptx
 
Authentically Social Presented by Corey Perlman
Authentically Social Presented by Corey PerlmanAuthentically Social Presented by Corey Perlman
Authentically Social Presented by Corey Perlman
 

How to export from china to ghana

  • 1. How to export from China to Ghana Economic Complexity Index (ECI) puts Ghana as the 100th most complex economy. Top exports of Ghana are Gold ($5.56B), Cocoa Beans ($5.02B), Crude Petroleum ($3.48B), Special Purpose Ships ($608M) and Cocoa Paste ($399M) (2013). Special Purpose Ships ($1.55B), Refined Petroleum ($705M), Cars ($651M), Delivery Trucks ($442M) and Rice ($404M) make to its top list of imports. Power and electrical supplies, oil and gas, telecommunications, transportation, heavy equipment including construction equipments and agricultural sector are the lucrative sectors for investment in trade. First diplomatic relations between China and Ghana started from 1960. China is the second largest exporter to Ghana. Ghana imports $2.87B (2013) worth goods from China which comprise of machines, metals, cotton and fabrics, chemical products including pesticides. China exports $129M worth processed food including tomatoes, fish, baked goods etc. Non fillet frozen fish earns $11.1M foreign exchange to China from Ghana, tea and onions constitute $7M. The Export Process: The shipping of exports from China involves the involvement of the supplier, shipping agent, customs agent and the Government’s export customs authority. Supplier of the product when completes manufacturing the desired lot, the supplier contacts the shipping agent to book space on the shipping vessel. The supplier provides the customs agent all the required documents and the agent in turn passes those documents to the Exports Customs Authority along with the goods delivered to the container terminal and the export duties on behalf of supplier. The goods may undergo audit by the authority to validate the documents with goods on sight. Approved goods get a clearance certificate and required approval documents. The container is sealed and loaded on the shipping vessel. The shipping agent receives the bill of lading once the vessel departs upon whose receipt the supplier can apply for refund of Value Added Tax under National Chinese Tax Bureau. Basic market essentialities Here are the most crucial points to be considered while the Chinese exporter decides to operate in Ghana:  Analyze structure, size and volume of the industry  Competitive players’ analysis and strengthening the company alongside  Alterations in product line based on requirement of Ghana  Knowledgeable selection of packing, pricing and labeling according to Ghana requirements
  • 2.  Standards and regulations of the products for Ghana The basic list of documentation that the exporter should be prepared with, in accordance with the product requirements are:  Bill of Lading  Airway bills  Commercial invoice  Consular invoice  Certificate of origin  NAFTA Certificate of Origin  Inspection Certification  Doc receipt and a warehouse receipt  Destination control statement  Shippers export declaration  Export Licence  Export packing list  Insurance certificate The documents to be compiled from the Exporter in China are: 1. Quotation 2. Sales contract (requires buyer consent and participation) 3. Pro Forma invoice, Customs invoice 4. Commercial invoice 5. Packing list 6. Inspection certificate (inspection company or exporter applies for this) 7. Insurance certificate 8. Product testing certificates, Phytosanitary certificate, Fumigation certificate and health certificate (Obtained from accredited labs by the exporter) 9. Financial documents: Standby credit, collection instruction, Bill of Exchange (Draft) 10. Export declaration Here are the government documents to be obtained and the specific department that issues them:
  • 3. 1. Certificate of Origin (CO) - Trade and Industry Department and five Chambers of Commerce 2. Certificate of Origin Generalized Systems of Preferences (GSP) Form A (or as Form A) - Trade and Industry Department and five Chambers of Commerce 3. Import / Export Licence - Trade and Industry Department, Customs & Excise Department 4. International Import Certificate (IIC) - Trade and Industry Department 5. Delivery Verification Certificate (DVC) - Trade and Industry Department 6. Landing Certificate - Census and Statistics Department The Gateway Services Ltd (GSL) established by the Government of the Republic of Ghana through the Ministry of Trade and Industry (MOTI) is set up to eliminate opportunities for fraud, fiscal evasion and price discrimination. The organization achieves its purpose by keeping vigilance on invoices, valuation of goods, and tariff code declaration and adherence. The flow of documentation and import process from Ghana is as mentioned below:  The importer should submit electronic Import Declaration Form (IDF), Supplementary Information Document (SID- application available of customer care desk of GSL) to GSL at either Accra, Tema or Takoradi, 21 days before the scheduled receipt of goods. Total invoice value (TIV) should contain the breaks of FOB (Freight on Board), freight and Insurance. Signed customs declaration along with supporting documents like bill of lading, invoice, IDF, FCVR, the packing list, IRS certificate along with other permits and documents at any of the GC net participating banks like Ecobank, Ghana Commercial Bank. Special bank receipts are given after required payment. The tariff indicated in the declaration includes:  Import Duty (ID): Calculation is based on the CEPS Tax Schedule  Import VAT (IV) + NHIL; (12.5% + 2.5%) x (ID +TIV)  Import Special Excise (Where Applicable)  Import Excise Duty (Normally charged on luxurious goods)  Processing Fee: 1 % TIV  ECOWAS Levy (EL): 0.5% x TIV  Export Development Levy (EDL): 0.5% x TIV  GSL issues a unique Verification order (VO) which is electronically shared with GSL representative in China. Buyer needs to submit the final invoice, special bank receipt, bill of
  • 4. lading, packing list, shipping documents or any other document related to the import is to be submitted to the nearest GSL office.  The GSL classifies, valuates and assesses the risk of the import goods based on the documents. In addition, clearance is subject to physical examination (Destination Inspection Scheme) by Customs upon arrival of goods. Gateway lock will be issued if any discrepancy is observed which is otherwise cleared with the gateway pass to gain entry into the country. (Source: Ghana Export Guidelines) For more details Visit us at: http://www.eximdesk.com/buzz/how-to-export-from-china-to- ghana?channel=Organic_Doc