ASEAN Wholesale Sector and South East Asian Trade. ASEAN wholesalers sell merchandise to smaller business, retailers, manufacturers and other professional businesses. They are a major player in the ASEAN economy, though still unknown to many. Ensuring the supply of goods along the entire value chain, South East Asian wholesale plays a very important role as the link between ASEAN Economic Community (AEC) producers, retail, manufacturers, and catering. For some products, like clothing and apparel or certain foodstuffs and vegetables, wholesalers and their customers come together at specific wholesale marketplaces. The largest ASEAN wholesale trade sectors are related to consumer goods, non-agricultural intermediate products, scrap, machinery, equipment, and supplies. Traders can also find some good business-to-business links here B2B Global Online Marketplaces – Wholesale & Trade on these pages.
ASEAN Wholesale in Practice – Export Trade
While ASEAN goods are in great demand worldwide, many of the South East Asian manufacturers are not directly represented in overseas markets. They use the services of other Asian export trading companies to sell their products abroad. These Asian export trading companies act as intermediaries between manufacturers and potential customers worldwide; offering information on ASEAN and Asian high-quality goods, ways in which to open up to these purchases and explaining the modern skills of foreign trade business. Asian trade firms or ASEAN export agents act on your behalf by introducing you to customers all over the world. They charge a commission – usually between 2.5% and 15% – and they’re widely used by manufacturers and wholesalers all over Asia.
ASEAN Wholesalers Starting with eCommerce
Just a few years ago, the internet was considered as an important challenge for ASEAN wholesalers as it provided new opportunities for direct links between manufacturers and customers. Today, South East Asian wholesalers themselves have started e-commerce activities, proving that they too can succeed in this particular form of trade. The practice of e-commerce has shown that ASEAN trade, of course, cannot be online entirely. Products must still be transported, stored, made available to customers all over the world – tasks requiring services offered by ASEAN wholesalers. But new technologies, changing market dynamics, and increasingly demanding customers have fundamentally reshaped the way today’s ASEAN wholesale distributors do business.