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Is it easy to engage in import and export agency business nowadays? Let's hear what everyone has to say

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Recently, I want to get involved in the import and export agency industry, but I'm not quite clear about the current situation of this industry. I'd like to ask you all, is it easy to engage in import and export agency business now? Is the competition in this industry fierce? What impact do policies have on it? If I want to do it, what preparations do I need to make in the preliminary stage? I hope friends with experience can share their views. Thank you.

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Professional consultant answers

Sarah Zhang
Sarah ZhangYears of service:8Customer Rating:5.0

Document expertConsult

It is somewhat difficult to engage in import and export agency business now. From the perspective of competition, the competition in this industry is relatively fierce. There are already many mature agency companies in the market, and new entrants need to make more efforts to win customers. The impact of policies is also significant. Import and export policies are constantly being adjusted. Changes in policies such as tariff policies and trade control policies all require agency companies to master them in a timely manner so as to provide accurate services to customers.

If you want to engage in this industry, preliminary preparations are crucial. First of all, you should be familiar with relevant policies and regulations, participate in training or study professional courses. Secondly, you should build a professional team, including business personnel who are familiar with import and export procedures and proficient in foreign languages, as well as professionals who can handle customs declaration, inspection declaration and other affairs. Finally, you should establish good supplier and customer channels for business development. In short, although there are challenges, with sufficient preparations, there is also a chance to achieve success in this industry.

Jennifer Wang
Jennifer WangYears of service:4Customer Rating:5.0

Market development consultantConsult

It's not easy. Now the information is too transparent. Customers can easily learn about various fees, and the profit margin is compressed. Moreover, customers' requirements for services are getting higher and higher. They require quick responses. A slight mistake may lead to the loss of orders.

Elizabeth Li
Elizabeth LiYears of service:3Customer Rating:5.0

Compliance and risk managerConsult

Whether it's easy or not varies from person to person. If you have a wide network of contacts and can attract stable customers, and are familiar with the procedures, then it will be easier to do. But if you enter blindly without any knowledge, it is estimated that it will be very difficult.

Robert Chen
Robert ChenYears of service:6Customer Rating:5.0

Customer service consultantConsult

I think it's okay. With the development of cross-border e-commerce, the volume of import and export business is increasing, and there is a demand for agency services as long as there is business. However, you need to have characteristic services, such as being able to solve the problems of importing and exporting special products, so that you can stand out.

Emily Liu
Emily LiuYears of service:10Customer Rating:5.0

Settlement and payment expertConsult

It's not very optimistic. There are too many competitors in the same industry. Everyone is engaged in a price war. Moreover, exchange rate fluctuations also affect profits. If there is a significant change in the exchange rate during payment collection and payment, you may end up working in vain.

William Yang
William YangYears of service:5Customer Rating:5.0

International logistics consultantConsult

Whether it's easy or not mainly depends on resources. Having good logistics resources can reduce costs; having customs clearance resources can improve efficiency, thus making you more competitive.

Joseph Zhou
Joseph ZhouYears of service:10Customer Rating:5.0

Senior foreign trade managerConsult

Now policies are constantly changing. If you don't update your knowledge in a timely manner, it's easy to make mistakes in operations. Once a mistake is made, not only will the customers be dissatisfied, but you may also face penalties. Therefore, those engaged in this industry must always pay attention to policy developments.

Amanda Yang
Amanda YangYears of service:3Customer Rating:5.0

Cost control consultantConsult

From the perspective of market demand, there are still opportunities. But those who are new to the industry should start with small businesses first to accumulate experience and reputation. Otherwise, if you directly take on large orders and can't handle them, you'll ruin your reputation.

Michelle Chen
Michelle ChenYears of service:3Customer Rating:5.0

Business coordination consultantConsult

It's difficult. Some customers delay paying agency fees, which will cause problems with capital turnover. Moreover, the industry standards are not very unified, and disputes may sometimes easily arise.

David Li
David LiYears of service:6Customer Rating:5.0

Senior customs declaration consultantConsult

If you have a technological advantage, such as a self-developed import and export management system that can improve operational efficiency, perhaps you can gain a foothold in the competition.

The relevant questions or replies only represent the user’s personal stance and do not represent any views of this website.

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