Importing goods from Europe with the lowest cost

Importing goods from Europe to Iran

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In some cases, due to the non-availability of raw materials and the high cost of purchasing industrial equipment, importing a specific product is more cost-effective than producing it domestically. As a result, the government has established rules for the import of goods from Europe, according to which all imports must be made.

The European Union consists of 28 countries, which are: France, Germany, Spain, Italy, Austria, United Kingdom, Portugal, Slovakia, Slovenia, Ireland, Belgium, Denmark, Sweden, Poland, Bulgaria, Hungary, Netherlands, Greece, Croatia, Romania. , Czech Republic, Finland, Cyprus, Luxembourg, Estonia, Latvia, Lithuania and Malta.

The import statistics of recent years show that Germany, France, Switzerland, Italy, and the Netherlands are among the major importers to Iran.

Today, sanctions, economic pressures and non-acceptance of the FATF banking system by Iran have created many problems in the field of importing goods from Europe in a way that has reduced imports to a significant amount. With the acceptance of FATF by Iran, many problems related to sanctions and imports from Europe will be solved.

In this article, stay with qoqnous Trading Company to fully explain the rules, conditions and procedures for importing goods from Europe.

Tips for importing goods from Europe to Iran

Not being familiar with the rules of importing goods from Europe can make your business fail. Therefore, it is better to familiarize yourself with the tips and customs rules of European countries before any business activity. Each of the European countries have established their own commercial laws, which you will have to pay a heavy fine if you do not comply with them.

In the following, the most important points of import from Europe are mentioned.

Getting to know the customs laws of European countries
Getting to know the customs tariffs of the countries
Analysis and evaluation of the sales market in the country
Choosing the best shipping method
Familiarity with customs clearance rules and procedures
Choosing a reliable company to obtain the necessary documents and clearance

Methods of transporting goods from Europe to Iran

Goods are imported from Europe to Iran through three ways: air, land and sea. Air freight increases the speed of the process, but it is relatively more expensive. Due to the current conditions and restrictions, the import rules from Europe have become very strict, which has made air transportation very complicated. Air transportation from Europe also has advantages, the most important of which are the following:

The possibility of providing a warehouse receipt for the flight
The possibility of packaging in different forms such as: wooden box and pallet
Possibility of delivery of goods in the seller’s warehouse and transportation to the airport
The possibility of performing customs formalities in the country of origin and destination
Delivery of goods directly to the door

Having many branches in European countries, Phoenix Trading carries out the process of importing goods from Europe in the shortest time with the lowest possible cost by choosing the best transportation method.

The most profitable imported goods from Europe

The most profitable goods imported from Europe are goods that are either not found inside the country, or their production is less than the needs of the society, or the quality of similar domestic goods is much lower than foreign samples. According to the registered statistics, all kinds of industrial machinery, all kinds of medical and pharmaceutical equipment, sports supplements, all kinds of raw materials for industrial factories, computer parts and electronic parts have been among the most profitable goods imported from Europe.

Goods imported from Europe

Import of electronic components from Europe
Importing machinery and industrial raw materials from Europe
Importing raw materials from Europe
Import of computer parts
Importing mobile parts and accessories from Europe
Import of building materials from Europe
Importing minerals and chemicals from Europe
Importing medicine and medical equipment from Europe

Minimum capital to import goods from Europe

It is not possible to state a specific amount for importing goods from Europe, but the minimum capital includes the cost of buying goods plus import costs, which we mention below.

The cost of importing goods from Europe to Iran

According to the type of goods and the country of origin, the import of goods includes various costs, the most important of which are:

The price of the purchased item
Tariffs
Tariff for goods inspection
transport cost
Cost of product insurance
Storage tariff
Costs related to the clearance of imported goods

Factors influencing the cost of transportation

The cost of transportation for importing from Europe is different according to the method of transportation, air transportation has the highest cost and ground transportation has the lowest cost, and the weight and volume of the cargo and volumetric weight have a significant impact on it. .

The higher the weight of the cargo, the lower the cost per kilo of cargo through air and sea transportation. If the weight of the cargo per cubic meter is more than 167 kg, the shipping fee is calculated based on the volumetric weight.

How to transfer money from Iran to Europe

Although the sanctions have made it difficult to transfer money from Iran, there are still ways to transfer currency. In general, money transfers from Iran to Europe are classified into two categories.

1- Money transfer services:

This category of money transfer service is done for small amounts, which has a high speed of money transfer. Among the money transfer services, we can mention PayPal, Transfer Wise, Visa Card and Master Card.

PayPal

In most online sales sites, you can see the option to buy with PayPal. PayPal is an online wallet that first deposits money in your electronic account and deposits it in the recipient’s account within 7 working days. Using PayPal, it is possible to deposit 10 to 10,000 dollars.

Money transfers by PayPal are highly secure. PayPal does not provide services to countries that have not accepted its rules. Therefore, in order to use its services, a PayPal account must be opened through intermediaries outside of Iran.

Transfer Wise

Wise Transfer is not a money transfer service, but an exchange connected to your card. When you have dollar currency in your MasterCard and you intend to deposit to a euro account, TransferWise will convert your currency and deposit it to the destination account after receiving a fee. Among its advantages, we can mention the speed of transfer and 24-hour service. Transfer Visa can be used for importing from Europe.

Visa Card MasterCard

Paying with Visa and MasterCard are the most common ways to buy from international sites such as Amazon and Alibaba. These cards are actually payment networks issued by banks. To receive these cards, you must be authenticated by the bank. It is not possible for Iranians to receive these cards normally, and an intermediary is needed to open an account. Payments by these cards are made instantly and without delay.

WebMoney

Web Money is very similar to PayPal in terms of how it works. In this way, you open an account directly in WebMoney itself. Using this service, you can easily transfer dollars, euros and rubles to import goods from Europe.

2- Bank transfer service:

The bank transfer service is performed for large amounts, which is slower and has higher security instead. Among the bank transfer transfer services, SWIFT and Western Union can be mentioned.

Swift

To transfer money in large amounts and with high security, you should use a bank transfer. SWIFT is the most important and famous bank transfer service that was established in 1973 and today provides services in 209 countries. Through SWIFT, it is possible to transfer any amount of money within 3 to 5 days.

Western Union

Western Union was founded in 1851 and is one of the oldest wire transfer services. It became less popular with the introduction of Swift, but today it has made significant progress by updating services and increasing the speed of transfers. Of course, it should be noted that the Western Union has sanctioned Iran.

Phoenix business services in the field of importing goods from Europe

Buying goods in Europe and delivery in Iran
Phoenix trading services include buying all the goods you want from Europe and delivering them anywhere in Iran. We specialize in buying from all reputable global and European brands.
Buying goods in Europe and shipping to all parts of the world
Among the special services of Phoenix trading in this field, we can mention buying goods from all European countries and sending them to all parts of the world.
Carrying out export formalities in different European cities
If necessary, we will carry out the export formalities in all European cities, including receiving the proforma, issuing the bill of lading, and clearing the goods for you.

last word

Due to the economic sanctions imposed against Iran, the import of goods from Europe has faced many problems in the last few years. Many foreign companies and brands do not sell their goods and services to Iran. Phoenix Trading, with more than 10 years of experience in the field of importing goods from Europe, has suitable solutions to solve these problems. Phoenix company has several commercial offices active in European countries, through which you can purchase the desired product and send it to a third country that is not sanctioned. In that country, he changes the documents related to the shipment and then sends it to Iran. It should be mentioned that Phoenix Trading will provide all these services as soon as possible and at the lowest cost. To get more information in the field of importing goods from Europe, contact Phoenix experts.