The idea of Crowd Importing (What is Crowd Importing?) via Ekimport.com was conceived in India and was accelerated in South Korea as a part of the K-startup Grand Challenge in 2019. As one of the top 4 winning startups, Ekimport promoted and exported products of Small and Medium Enterprises (SMEs) to the world.
Ekimport team consists of professionals from international trade and logistics, market research and international marketing, business development and sales. Under the leadership of the founder and CEO Mr. Naveen Peter, the team is on a mission to curate crowds of credible exporters and international SME* buyers to make importing and international sourcing faster, cheaper and more reliable.
*SME: Small and Medium-Sized Enterprise, where a small-sized enterprise typically employs less than 50 people and has a turnover of less than US $10M, while a medium-sized enterprise employs between 50 to 250 people and has a turnover between US$10M to US$50M.
The crowd of credible exporters for a given product is curated specifically to quickly provide multiple competitive B2B quotes (quotations) to importers who buy in large quantities.
Such importers can send an RFQ (Request For Quote) to a crowd of credible exporters for a given product by going to the section “CROWD QUOTES” on Ekimport.com. The importers can then receive multiple competitive B2B quotes from the crowd of credible exporters quickly.
The crowd of International SME buyers is curated specifically to help purchase of a product in small quantity at wholesale price and no MOQ (Minimum Order Quantity) by an international SME buyer who is interested in a few samples, placing small trial orders or whose purchase size is smaller than than a typical MOQ needed for receiving competitive wholesale pricing.
The international SME buyer can join a crowd of other international SME buyers for a given product by booking a Crowd Import Deal in the section “CROWD IMPORTS” on Ekimport.com. In this way, the international SME buyer can take advantage of the crowd of other international SME buyers curated by Ekimport.com to buy in small quantities and yet be able to get low wholesale prices!
The Federal Customs Administration(German Customs)'s tasks are to collect customs duties, to monitor compliance with the restrictions in cross-border trade, etc.
It assists the risk management of the Federal Ministry of Food and Agriculture, and is responsible for inspecting food imports from the EU and other countries to Germany.
TUEV has jurisdiction of accreditation over the quality of automobiles, electronic products, etc. Representative certification conducted by TUEV is CE mark and GS mark.
The Germany-Singapore Bilateral Investment Treaty (BIT) is a legally-binding agreement between Germany and Singapore. Despite its small size, Singapore is one of Germany's most important international trade partners in the ASEAN area.
Japan is one of Germany's most important trading partners in Asia. The EU -Japan free trade agreement entered into force on 1 February 2019 and aims to strengthen economic and political relations between these two important trading areas.
Germany and Viet Nam regard themselves as partners in endeavours to uphold the rules-based order, respect for international law, multilateralism, global free trade and investment. Germany is Viet Nam’s most important trading partner in the EU.
The EU is one of the most important trading partners for the US. Similarly, US is Germany’s first export market outside Europe & also the market where German companies invest the most. The European Commission agreed a trade agenda with US in 2018.
Germany-Canada services trade (which includes travel & tourism) was about $6 billion in 2019. Since 2017, Canadian & German businesses and citizens have benefitted from provisional entry into force of Comprehensive Economic & Trade Agreement (CETA).
WEEE certification is required for both electrical & electronic devices. This is required for companies exporting electrical & electronic products within EU. This certification has been in effect since 2006 & can be obtained via TUEV in Germany.
REACH Certificate of Compliance is a document certifying that a product is compliant with EU REACH regulation (EC) No 1907/2006. It can be a testing report/statement issued by a third-party testing organization. It could also be a self-declaration.
In order to enter the cultural contents market in Germany, it is necessary to obtain USK certification in video and online games. USK has censored & certified all computer video games, computer games & trailers that are open to the German public.
The KBA(Kraftfahrt-Bundesamt, Federal Motor Authority) is the German authority in charge of motor vehicle regulation. They have the power to initiate and perform investigations & compel recalls. KBA is the only type-approval authority in Germany.