About Us

WHAT IS EKIMPORT?

Ekimport is an online “Crowd Importing Platform” that enables SME retailers and online sellers to source global products from exporters at bulk (wholesale) prices without actually having to buy products in bulk.


WHAT IS EKIMPORT’S VISION?

Ekimport’s vision is to make cross-border trade for Small Medium Enterprises (SMEs) easy and more profitable using group commerce enabled by online Crowd Importing Platform and data-science (A.I.).


WHAT IS EKIMPORT’S SOCIO-ECONOMIC IMPACT?

Status quo of cross-border trade by SMEs:
  • SME retailers / online sellers - who sell products on platforms like Coupang (Korea), Flipkart (India) and Shopee (Singapore) - have no bargaining power to get bulk (wholesale) prices when they source global products, because their order-size is too small for exporters to give bulk (wholesale) prices.
  • As a result, SME retailers are dependent on larger importers and distributors for sourcing global products. This means that the trendiest, newest and most innovative global products are usually out of direct reach of SME retailers, until some larger importer/distributor starts to source them.
Cross-border trade for SMEs via Ekimport:
  • SME retailers can have direct access to new and innovative products available from exporters across the globe. They can maintain a wide variety of global products with leaner inventory as they have no pressure to buy in bulk to get bulk (wholesale) prices.
  • This is possible because SME retailers can source small quantities of products across the globe and still be able to get wholesale (low) prices from exporters via Crowd Importing on Ekimport.


DO YOU WANT TO KNOW MORE ABOUT US?

Please get in touch with us by clicking here.

Resources related to importing in Singapore

SFA is the national authority entrusted with the mission to ensure a resilient supply of food safety and food security for Singapore. It ensures food legislation is in place and is properly enforced through inspection and testing programme.

The HSA is a statutory board under the Ministry of Health of the Singapore Government. HSA regulates health products, manage the national blood bank, transfusion medicine and forensic medicine expertise and provides critical laboratory services.

Enterprise Singapore is a statutory board under the Ministry of Trade and Industry. As a national standards and accreditation body, Enterprise Singapore continue to build trust in Singapore’s products and services through quality and standards.

NEA is a statutory board under the Ministry of Sustainability & the Environment in Singapore. NEA regulates and controls hazardous substances, which excludes genetically modified organisms are not part of the hazardous substances controlled by NEA.

The National Parks Board is a statutory board of the Government of Singapore responsible for enhancing and managing the urban ecosystems of which the government calls a "City in Nature". The National Parks Board issues import permit to import plants.

The Animal & Veterinary Service (AVS) is the main touch-point on animal and veterinary matters in Singapore and the first responder for all animal-related feedback and issues pet import license. AVS safeguards the health and welfare of animals.

The EMA is a statutory board under the Ministry of Trade and Industry of Singapore. EMA regulates Singapore’s electricity and gas industries as well as district cooling services to promote fair competition while protecting consumers’ interests.

The Singapore Police Force is the national law enforcement agency within the Republic of Singapore. Import of any gun, arms, explosives, explosive precursors, poisonous / noxious gas / noxious substance requires Arms & Explosive license in Singapore.

CWC is an international treaty that prohibits the development, production, stockpiling and use of chemical weapons. The NA(CWC) Licence is issued by the Director, NA (CWC) in accordance with the Chemical Weapons (Prohibition) Act.

The Free Trade Agreement Between the United States of America and Singapore, is a preferential trade agreement that was signed on 6 May 2003. In addition to lowering of tariffs, the agreement allows for easier movement of citizens from both countries.

Controlled goods require proper authorisation from Competent Authorities (CA) before they are imported into Singapore. You are advised to check if the goods are controlled using the description of the goods, Harmonized System (HS) code or CA product code.

EUSFTA is the first FTA between the European Union (EU) and an ASEAN country. The EUSFTA was signed in October 2018, and approved by the European Parliament in February 2019 and entered into force on 21 November 2019.

To import goods into Singapore, you are required to make a declaration to Singapore Customs. Goods & Services Tax (GST) is payable on non-dutiable goods. Both GST & duty are payable for dutiable goods if these goods are imported for local consumption.

Imported goods are subject to GST and/or duty payment. A customs permit is required to account for the import and tax payment of the goods. Importers may be penalised if they do not comply with the requirements imposed under the Customs Act.

Please ensure the validity of the customs permit presented for clearance of your imports in Singapore. For containerised cargo, the container number and shipper seal number must be declared when applying for the customs permit in Singapore.

The LW Scheme allows approved companies to store imported dutiable goods, namely liquor, tobacco, motor vehicles, petroleum and biodiesel blends, for an indefinite period of time in a designated area, without duty and GST.

The UK-Singapore free trade agreement (FTA) was signed in early December 2020 and has been in effect since January 1, 2021. Singapore and the UK have annual trade worth over US$22 billion. This is the UK’s first FTA with a member of ASEAN.

SAFTA is a central pillar of the economic relationship with Singapore, Australia's largest trade and investment partner in South-East Asia. SAFTA entered into force on 28 July 2003 and has been fine-tuned multiple times since then.

Singapore Customs is a government agency under Ministry of Finance. It's the lead agency on trade facilitation and revenue enforcement. To import goods, a declaration to Customs is a must and GST is payable on non-dutiable goods.