How to Start Importing to Chile

Importing to Chile can be a complex process, particularly for first-time importers. It’s crucial to consider several key factors to avoid potential pitfalls and ensure a successful operation. Below, we address some of the most common questions entrepreneurs should ask before importing to Chile.

What is required to import to Chile?

To execute a successful import into Chile, it’s essential to follow a series of steps that ensure regulatory compliance and efficient logistics:

1. Product Identification:
   You must have a thorough understanding of your product’s characteristics and technical specifications to avoid issues with customs. Verifying the existence and reliability of the supplier is critical. Additionally, conducting a market study to compare prices and product quality is recommended.
2. Sourcing Reliable Logistics Providers:
   Use platforms like ComexPoint to find trusted logistics providers. Our platform offers access to Freight Forwarders, Customs Brokers, Insurance, and Last-Mile Transportation, all in one place, optimizing your search time.
3. Quoting Process:
   ComexPoint makes it easy to simulate and obtain quotes from various operators. You’ll receive detailed cost breakdowns in advance, and in just a few clicks, your quote will be delivered to your email in real-time.
4. Transportation and Logistics:
   On our platform, you will find pre-vetted transportation providers offering a range of local logistics services to ensure smooth delivery.
5. Pickup and Delivery Coordination:
   Efficiently manage the pickup and delivery of your goods through the platform, ensuring seamless delivery to your warehouses.

What documentation is required for an import?

To ensure the success of your import operation, it’s vital to have the following documentation in place:

1. Commercial Invoice
2. Packing List
3. Certificate of Origin
4. Bill of Lading (or another transport document)

What additional costs should be considered when importing to Chile?

When importing goods into Chile, you need to account for a range of additional costs beyond the product price. These may include:

Origin Costs:

• Cost of goods (FOB)
• Packaging and labeling
• Certifications and documentation

International Transportation Costs:

• Ocean or air freight
• Transport insurance

Destination Port Costs (Chile):

• Cargo handling
• Storage
• Inland transport

Taxes and Duties:

• Customs duties
• VAT (19%)
• Other specific taxes

Administrative and Service Fees:

• Customs clearance
• Bank fees and professional services

Additional Costs (depending on cargo type):

• Additional certifications in Chile
• Risk management fees

Additional Considerations:

What should I know before selecting an international supplier?

Choosing a reliable international supplier requires thorough due diligence, which may include the following steps:

• Verification of the Supplier’s Existence:Ideally, you should visit the supplier’s location to confirm the legitimacy of the business and finalize the deal in person.
• Use of Agents:Alternatively, you can hire an agent to represent you in the supplier’s country, ensuring the supplier’s reliability.
• Proficiency in English:A good command of English is essential for clear communication and to avoid misunderstandings. This will help ensure you are working with reputable companies.
• Requesting Samples:To assess product quality, design, and durability, requesting samples before committing to a larger purchase is a prudent approach.

How can I mitigate risks when importing to Chile?

The main risks in importing include:

• Unreliable Suppliers:As mentioned earlier, always verify the supplier’s credibility and reputation.
• Documentation Errors:Ensure all documentation is accurate and consistent. Working with an experienced customs broker, like our executives at ComexPoint, can help minimize errors.
• Hidden or Unexpected Costs:Unforeseen expenses, such as additional port fees for LCL cargo, can arise during the import process.

Where can I find a Freight Forwarder, Customs Broker, and Transportation Providers all in one place?

Importing into Chile requires meticulous planning due to its complexity. It’s essential to choose suppliers carefully and manage logistics efficiently. In today’s digital world, businesses need fast and simple solutions, which is why we created ComexPoint. Our online platform allows you to obtain quotes, get upfront costs, compare prices, and select providers that meet your specific needs. All of this happens automatically, and within seconds, you’ll receive a complete quote in your registered email.

How to get a quote on ComexPoint:

1. Go to www.comexpoint.com
2. Register by entering your details
3. Once registered, you’ll need to input the required information to calculate your costs, such as the type of operation, type of cargo, and the date. Be sure to name your quote (e.g., “Chassis Parts”) so you can easily locate it next time you log in.
4. The next step is to select providers. From Freight Forwarders to last-mile transportation, you’ll have the flexibility to compare rates and choose the provider that best suits your needs.
5. Ensure all the details are correct, including the shipping address, and accept the terms and conditions.
6. Review your complete quote, which will include extra-port charges, and proceed to confirm.
7. A copy of your quote will be sent to your email automatically once you confirm.

Please note: Confirming a quote saves it in your user profile, but if you wish to proceed with booking the shipment, one of our executives will contact you to arrange payment and cargo tracking.