How to Source Korean F&B Products Quickly and Safely

Discover how to source Korean F&B products quickly and safely. Partner with WeDealize for thoroughly prepared export products and secure your global trade
Jungwon Lee's avatar
Aug 18, 2024
How to Source Korean F&B Products Quickly and Safely

Korean F&B (Food & Beverage) products are gaining immense popularity worldwide, and the demand from buyers looking to source these products continues to grow. However, simply finding attractive products is not enough. If various requirements in the trading process are not met, sourcing F&B products can present numerous challenges.

Risks Arising from a Lack of Understanding of Trade Procedures

trade procedure risks

The biggest obstacle is the lack of understanding and inadequate preparation for export procedures among F&B suppliers. Many Korean F&B companies have excellent products, but they often lack a basic understanding of trade-related terms and concepts. For example, terms like EXW (Ex Works) and FOB (Free on Board) can be confusing for many. F&B buyers need to review details such as "labeling, ingredients, container materials" for customs clearance. If the supplier does not understand the basic procedures and terminology of trade, buyers may determine that the supplier cannot meet their needs in future communications and may hesitate to initiate a transaction.

Additionally, buyers may require documents like the FTA Certificate of Origin (FTA C/O) to benefit from tariff advantages. However, many suppliers do not fully understand the concept of an FTA, which can burden buyers and result in them being unable to purchase the products at the expected price.

The Importance of Proper Documentation for Customs Clearance

F&B customs documentation

Furthermore, there are often cases where buyers face inadequate preparation of documents required for customs clearance. No matter how high-quality the product is, importing F&B products requires essential information such as manufacturing processes, ingredient analysis, and nutritional information to be prepared for customs clearance. These documents may vary depending on the product category, but they are generally essential for clearance. However, many Korean F&B businesses, including both SMEs and large corporations, lack specialized knowledge of the documents and procedures required for overseas customs clearance. As a result, suppliers may struggle to prepare the required documents adequately, often only doing so after extensive communication. This increases the buyer's sourcing and communication costs, leading to significant fatigue during the transaction process.

Strategies for Overcoming These Challenges: Finding a Reliable Export Partner

To address these issues, it is crucial to find a reliable export partner who has both thoroughly prepared products for export and possesses specialized knowledge and expertise in F&B trade. So, how can you source these products quickly and efficiently?

WeDealize: Your Optimal Partner for Sourcing Korean F&B Products

finding korean f&b export partner

WeDealize is the ideal digital trading company to resolve these challenges. Leveraging IT technology, WeDealize directly exports products listed on its website to global buyers. WeDealize carefully selects only products that are fully prepared for export and lists them on its platform, building trust with buyers around the world.

WeDealize provides essential services to ensure the smooth export of Korean F&B products. F&B businesses wishing to supply their products through this service must have their export readiness thoroughly verified by WeDealize. Suppliers must upload required documents such as manufacturing processes, ingredient analysis, and nutritional information during the product registration process on the WeDealize seller admin page. These documents are subjected to WeDealize's rigorous review process to confirm whether they meet the buyers' requirements. Only products that pass this review are listed for sale, and buyers can request necessary documents via LIVE CHAT at any time (24/7) while reviewing the products on WeDealize.

In conclusion, F&B products, no matter how attractive, are difficult to source if they are not adequately prepared for export. However, by choosing thoroughly prepared Korean F&B products through WeDealize, these issues can be effectively resolved. For quick and secure sourcing, WeDealize is the most trusted choice.

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