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