Before giving a complete answer, we need to know how you will be selling the product, and what quantities do you plan on ordering.
I suggest you check out this thread:
Selling my product on Amazon.com from Canada
Some general observations might help you to begin with.
I suggest you check out this thread:
Selling my product on Amazon.com from Canada
Some general observations might help you to begin with.
- You will pay duty on the total cost of goods, which includes the price you paid the manufacturer plus freight and insurance. It is a big mistake to only declare the FOB cost. You must calculate your costs based on that formula.
- Courier charges on small shipments can cost more than the purchase price of the goods.
- Most duty rates in Canada are slightly higher than those in the US.
- Most countries have what is called a De Minimis amount, which is the maximum value of goods that may be imported at any one time under Duty and/or Sales Tax exemption schemes. Canada is very stingy, allowing only CA$20 imports duty free, but the US allows $800. Mexico is Equivalent to US$300 for postal shipments. For other countries ask me. I list in my book the rate for all countries that participate.
- Custom making of products in China can be costly for one-offs. There is also a high risk that your idea will be copied and on the market before you see one. It can be cheaper to have some forms of customizing done in Canada or the US. If you let me know privately what you have in mind I can advise you.
- If you a re totally new to importing I suggest you quickly read through my AMA. Because it is so long, and things change over the years, maybe start reading from the more recent posts and work your way back.