Looking for Profitable Products to Source from China?
There is a vast amount of products and parts that are manufactured in and exported from China. Some can be more profitable to source than others. There are many factors that may influence the price making some more profitable than others.
Machined Parts
Machined parts are very lucrative to source from China. In China, there are a lot of precision CNC machine shops to help buyers from all over the world helping to lower labour cost, production cost and management costs. Looking overseas for getting your manufacturing and tooling done can be a great way to reduce costs and boost your profits. Parts that require more labor are ideal to outsource. These can be from a wide range of different materials such as aluminum, steel, copper, polypropylene, polyethylene and ABS, as well as other various types. The huge assortment of parts that are machined in China vary in size and function from screws, medical equipment, and automotive parts, to educational products. We worked with a spare parts wholesaler and helped him save 70% of the domestic cost on the molds and plastic components he was paying for.
Textiles
In November 2020, approximately 3.58 billion meters of clothing fabric was produced in China. Monthly textile production volume was consistently above three billion meters throughout 2019. China is the largest textile producing and exporting country in the world. Clothes, clothing accessories, textile yarns and textile articles are amongst Chinas’s top export goods. So textiles can be profitable to source in very high quantities. Clothing, jeans, carpets, furnishings, netting, and towels are worthwhile to get manufactured overseas in large volumes.
Electronics
China contributes heavily to the electronics sector, as this is the country’s most prominent export category. Electronics such as circuit boards, speakers, chargers, computer parts and phone acessories can be worth looking at buying overseas. There are many components that can land very nice savings when sourced properly.
China, Hong Kong, and the U.S. are at the front of the pack in producing electronics on a global level. China maintains its reputation for producing inexpensive consumer goods in large quantities.
Wood Products
Wood products such as bottles, furniture, cases, boxes, pens, blocks, cabinets and spice racks are other good products have been beneficial to source. From rosewood to maple wood—bamboo to reed. We have helped many customers over the years in manufacturing and sourcing their wood products. There are many excellent wood product manufacterurs in China.
Some popular products include:
- Gift items and games
- Cutting boards
- Gift crates and boxes
- Kitchen cabinets
- Photo frames
- Toddler’s toys
Much of the wood used in China manufacturing is imported. Russia and Canada are China’s largest suppliers of softwood, while Thailand and the US supply the majority of hardwood. Woodchips now amount to 17 percent of China’s total timber product imports.
Factors that Influence Profitability:
Labor Cost
The higher the amount of hours a product costs in labor, the more profitable it is to source from China. China’s average labor cost is $2.00 an hour. Molds are generally 80-90% cheaper to produce there than in America. We helped a client save 66% of the cost he was paying for on a patented metal assembly.
Higher Quantities
A larger quantity ordered of a product will lower the cost of the part. Factories are much more willing to be flexible in price negotiation if there is a high volume of parts ordered.
China’s large industrial base and the massive amounts of products they source make them an ideal option to manufacture your products. We have experience in saving customers money manufacturing their products in china, get a quote now to see how much you could be saving.
