Customs officers inspect small commodities in the container.

In Zhejiang Province, the first consignment of consolidated small commodities was transited abroad from the city of Yiwu on May 18, marking the advance of Yiwu Pilot International Trade Reform Zone toward balanced development among export, import and transit trades.

This consignment comprised two commodities: electrical adhesive tapes that were imported from Vietnam by a local freight company, and LED lamps that were purchased by this company on Yiwu market. The two were first consolidated into one container in Yiwu Bonded Logistics Center and then transited to Iraq.  

Regarding small commodities of low value and multiple batches, Yiwu Customs House (in Hangzhou Customs District) put forward this business of consolidating bonded import goods with homemade export goods and transiting them abroad, so as to reduce enterprises’ logistical, clearance costs and help Yiwu make the world’s entrepot of small commodities.

In addition, if exported goods are returned from abroad to the Bonded Logistics Center, they can be re-exported to other foreign markets in this business mode, providing enterprises with a new option of foreign trade. To facilitate the consolidation and transit, the Customs sets up special warehouses in the Bonded Logistics Center and helps enterprises with goods consolidation and clearance to get higher efficiency.