Import process of goods: The role of China, India, Singapore, South Korea, Malaysia, Indonesia, among others (Competitive advantages).

First of all, it must be understood that the process of importing goods is a dynamic activity carried out by government bodies, entrepreneurs, consolidated businessmen with a long history and representatives of commercial chains, who actively participate in the world of importing and exporting products, i.e. the complex dynamics of the global commercialisation process, whose fundamental objective is the generation of surpluses and the pursuit and maximisation of business profits, with a view to satisfying a constantly growing demand.     

Although it is extremely attractive to venture into the world of the commercialisation of goods, many entrepreneurs give up this activity because they consider it to be very cumbersome, arguing that the number of steps and requirements for its efficiency and optimisation is extremely complex. In order to characterise, some of the fundamental logistical steps in the process of importing goods could be mentioned:

● Contact with a reliable logistics provider who meets the delivery times and quality requirements of the contract and who, in turn, reports on the functional characteristics of the product.

● Establishment of alliances with a broadly competent entity that issues everything related to sanitary permits and the documentation required: forms for issuing registrations, certificates of free sale, ISO 9001, ISO13485, catalogues of the products to be registered, among others.

● Contact with reliable freight forwarders (air, land and river) in both the country of origin and the country of destination, which can be contacted by the importer or exporter, from a coordination process that facilitates the organisation of transport.

● Procedures carried out with a customs broker, who makes the verification and physical review feasible for the subsequent authorisation of the lifting, in order to proceed with the removal of the goods.

It is important to know in depth that the flow of goods requires adequate routes that allow the transit of tons of products around the globe. It is basically a matter of evaluating, for example, the importance of maritime transport in import and export processes; around 80% of the world's volume, understanding in this sense that the lower costs and greater space capacity make it the most widely used type of transport, although not the fastest.

Entering the world of economies that have emerged in the current scenario of multipolarity, and verifying the importance of the trade routes of the Asian continent, we can mention the importance of the Strait of Malacca (between Singapore and Malaysia), positioned as the highway of the sea with the highest volume of transport and transit trade, which dynamises and unites the main Asian economies. Knowing that important markets converge there, such as: China, South Korea, Japan, Malaysia, Thailand, South Asia, Southeast Asia with the Middle East and Europe, and that this reflects approximately 60% of world maritime trade, (UNESCO official source) is of vital interest when it comes to understanding the reconfiguration of the global economy, which reflects a constant dynamic in the import and export processes of manufactured goods.

Analysing the behaviour and boom in commercial exports and imports of overpopulated countries such as: China, India and Indonesia, translates the fact of knowing that very probably in the short or medium term, they will become superpowers that will far surpass the traditional Western powers: the United States, Germany, England, Italy and France. These are models of economies that have burst onto the international scene in a dizzying way, if one takes into account their potential in the area of industrialisation and product manufacturing: software, computer services, artificial intelligence, robotics, nanotechnology, biotechnology, materials science and energy storage.

Other economies in the Asian region such as: South Korea, Hong Kong, Singapore and Taiwan, exhibit quality and quantity, with important innovations in the value chain, but adding at the level of resources and in the operability of their production processes, a significant decrease in production costs, which makes them to be evaluated as economies with comparative and competitive advantages of great importance. The following graph shows the growth projections and the increased positioning of emerging economies, which could significantly displace the traditional developed economies in the coming years.


Growth Projections

 

The following are some examples of competitive advantages of countries belonging to the Asian continent, with the objective of observing the outstanding capacities and differential aspects that make possible their extraordinary prestige at the level of sustainable growth and in the processes of techno-scientific innovation.

China: The world's second largest economy, its secret probably lies in its levels of competitiveness. Being able to sell large quantities and exhibiting high levels of productivity, it has the ability to set lower prices, which its competitors cannot match.

India: Today it is an economic, military, cultural and technological giant. A major advantage is that, as a country of more than 1.3 billion people, half of its population is under 25 years old, making it the youngest country in the world, and it has a cheaper labour force than China.

Indonesia: One of the main markets for the so-called "Asian tigers". It is the largest Islamic democracy and the world's largest archipelago, providing alternative waterways through which goods are transported. 

South Korea: In less than a decade, this country has experienced one of the greatest economic advances in the history of mankind (from the rural-farming world to the industrial-technological one). Today, it is the leading producer in the shipping industry, of smart phones, tablets, plasma screens and LED lights.

Malaysia currently leads the world in the production of palm oil, rubber and tin, and its manufacturing industry is top-ranked in exports of semiconductors, electrical appliances and photovoltaic solar panels that allow for greater energy savings without emitting noise or environmental pollution. 

Singapore: It has strong international trade and investment, employment and labour market measures. It is a small economy with similarities to the economies of Denmark and the Netherlands. Its credible and competent public sector, skilled workforce, diversity and infrastructure, positioned it as the world's most competitive economy in 2020, according to the IMD World Competitiveness Ranking.

Vietnam: Vietnam' s agriculture is in itself a competitive advantage, the core of its economy and a fundamental pillar in the face of economic ups and downs. Its latitude, conditions and natural resources make Vietnam a country with a production similar to that of Central America: rice, sugar cane, coffee, cassava, beans, maize, peanuts, spices, legumes, etc. Its garment industry, footwear, cement, chemical fertilisers, machinery, glass, tyres, mobile phones and samartphones also stand out at international level.

Finally, it is concluded that the Asian economies have not only been positioning themselves as world leaders, but that in the future they could become, above the developed economies of long tradition, the future of production and sustainability, giving rise to a rearrangement of the current logistics scenario at the level of production, transport and commercialisation of industrialised goods.


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