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Robert Lockett

Robert Lockett

Lawyer
5 Followers

Most lucrative import/export businesses

What are some of the most profitable import/export businesses?
From Russia
To China
Apr 13
2020
2
answers
Apr 14, 2020
Well there is no certain specific import or export business which are lucrative. It depends on several things.For example- China’s most lucrative export business is electronic equipment. However, for countries like Vietnam, the lucrative export business is rice. Here, China has production efficiency in producing electronics product. They can produce electronic equipment with low cost & good quality (in some region they send medium quality). As a result, a Chinese would like to go for electronic parts business. Similar for Vietnam.On the other hand, Singapore’s lucrative import business is selling agriculture products. Singapore is a tiny country with no land to harvest. Therefore, a Singaporean would like to start a raw food import business.
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