Ekimport - a Crowd Importing Platform | Import from India to Malaysia
About Us
Winners at K-Startup Grand Challenge 2019
The idea of Crowd Importing (What is Crowd Importing?) via Ekimport.com was conceived in India and was accelerated in South Korea as a part of the K-startup Grand Challenge in 2019. As one of the top 4 winning startups, Ekimport promoted and exported products of Small and Medium Enterprises (SMEs) to the world.
Ekimport Team is a Crowd Curator
Ekimport team consists of professionals from international trade and logistics, market research and international marketing, business development and sales. Under the leadership of the founder and CEO Mr. Naveen Peter, the team is on a mission to curate crowds of credible exporters and international SME* buyers to make importing and international sourcing faster, cheaper and more reliable.
*SME: Small and Medium-Sized Enterprise, where a small-sized enterprise typically employs less than 50 people and has a turnover of less than US $10M, while a medium-sized enterprise employs between 50 to 250 people and has a turnover between US$10M to US$50M.
Ekimport.com - a Crowd Importing Platform:
Ekimport.com is a crowd importing platform that curates two types of crowds:
- Crowd of Credible Exporters:
The crowd of credible exporters for a given product is curated specifically to quickly provide multiple competitive B2B quotes (quotations) to importers who buy in large quantities.
Such importers can send an RFQ (Request For Quote) to a crowd of credible exporters for a given product by going to the section “CROWD QUOTES” on Ekimport.com. The importers can then receive multiple competitive B2B quotes from the crowd of credible exporters quickly.
- Crowd of International SME (Small and Medium-sized Enterprise) Buyers:
The crowd of International SME buyers is curated specifically to help purchase of a product in small quantity at wholesale price and no MOQ (Minimum Order Quantity) by an international SME buyer who is interested in a few samples, placing small trial orders or whose purchase size is smaller than than a typical MOQ needed for receiving competitive wholesale pricing.
The international SME buyer can join a crowd of other international SME buyers for a given product by booking a Crowd Import Deal in the section “CROWD IMPORTS” on Ekimport.com. In this way, the international SME buyer can take advantage of the crowd of other international SME buyers curated by Ekimport.com to buy in small quantities and yet be able to get low wholesale prices!
RESOURCES RELATED TO IMPORTING IN Malaysia
The Royal Malaysian Customs Department (RMC or JKDM) is the Malaysian Government agency responsible for administrating the nation's indirect tax policy, border enforcement and narcotic offences. KDRM administers 7 main & 39 subsidiary laws.
Includes a list of goods that are absolutely prohibited from importation. Also the list of goods that are prohibited except under an import licence or permit from relevant authorities. Import and export of illicit drugs are strictly prohibited.
The guidelines are based on the practices generally found at Port Kiang though it is the objective of MITI/MPC to standardize these processes in the various ports in Malaysia so that shippers will have good understanding on the processes.
Malaysia-Australia Free Trade Agreement - Malaysia has 2 free trade agreements with Australia that are in force: Malaysia-Australia Free Trade Agreement (MAFTA) and Agreement Establishing the ASEAN-Australia-New Zealand Free Trade Area (AANZFTA).
Malaysia-Chile Free Trade Agreement (MCFTA) is the first bilateral FTA between Malaysia and a Latin American country. Malaysia & Chile commenced negotiations on the bilateral FTA in 2007. The MCFTA were concluded and signed in 2010.
The Japan-Malaysia FTA was signed in 2005 and implemented from 2006 that would further enhance the trade and investment relationship. Malaysia and Japan also established Malaysia-Japan Economic Partnership Agreement (MJEPA) in 2005.
The Malaysia-India Comprehensive Economic Cooperation Agreement (MICECA) was signed on February 2011 and came into force on July 2011. MICECA is a comprehensive agreement that covers trade in goods, trade in services, investments.
Free Trade Agreement Between the Government of Turkey and the Government of Malaysia” entered into force on 1 August 2015. The Agreement is Turkey's second FTA with an Asian country after South Korea and its first FTA with a Southeast Asian country.
New Zealand and Malaysia signed an FTA October 26, 2009 by both Ministers of Trade, which entered into force in January. Malaysia is New Zealand's eighth-largest export destination, reaching almost 8 billion dollars' worth of exports in 2008.
The Malaysia Pakistan FTA formally known as - Malaysia Pakistan Closer Economic Partnership Agreement (MPCEPA) came into effect in 2008. It aims to promote bilateral trade between 2 countries by giving tariff preferences on various items.
SIRIM certification is an essential certification for regulated products sold in Malaysia. Prior to obtaining SIRIM certification, the item must be issued by applying for a Certificate of Approval (COA) to the Malaysian Energy Commission (ST).
As a regional grouping, the European Union remains Malaysia's largest source of foreign direct investment. Negotiations for a Free Trade Agreement between the EU and Malaysia were launched in 2010 and put on hold after seven rounds in 2012.