Exporting offers plenty of benefits and opportunities. The gains to an economy from engaging in international trade are well established. Since World War II, we have seen many countries grow due to rising investments and exports. Japan, South Korea, China, and to some extent, Thailand and
The Importer Security Filing (ISF) is a Customs and Border Protection (CBP) requirement for ocean cargo imports into the United States. Certain shipment data must be provided in advance of the cargo being loaded on a vessel. It only applies to vessel cargo arriving into the U.S.; it does
Are you a small business owner looking to expand your market reach? The State Trade Expansion Program (STEP) could be the perfect solution. This program, funded by the Small Business Administration (SBA), provides grants to help small businesses overcome obstacles while exporting their products and services. (more…)
India has identified several key industries for focused development in the fiscal year 2025-26, aiming to enhance economic growth and global trade presence. These industries have been prioritized to strengthen India’s manufacturing capabilities, boost exports, and solidify its position in global supply chains. The government has
Reading Time: 5 minutesThe freight forwarding industry in India is the most significant contributor toward smooth retailing across the globe; it carries goods from manufacturers to markets worldwide. Different companies offer different logistics solutions; hence, the selection of the right partner is critical for companies wanting to optimize their
This week, BMW’s CEO Oliver Zipse proposed that the European Union reduce its tariffs on U.S. car imports from 10% to 2.5%, matching the current U.S. import tariff. The proposal was reported by Reuters this Tuesday. This move comes amid ongoing concerns about potential U.S. tariffs, as new President
A new topic for discussion, tariffs, has been in all news and debates also on social media and in print media. What is this Tariff and how does it work? Let us understand this. Tariffs have historically been implemented by nations as a way to protect their home products
I talk to a lot of people who ask me, “How do I get a license to become an exporter?” That makes me nervous for them, because it shows a general lack of knowledge about what’s involved with exporting. Obviously, not everyone who exports needs an export license. But
No business wants to be the victim of a cybercrime, and there are several methods how the communication between the exporter and buyer can be hacked or impersonated. One of them is targeted phishing attempts which have become more sophisticated in recent years. EXIM would like to generate awareness
The intermodal market continues its impressive peak into the early months of 2025, defying typical seasonal trends with a notable surge in volume, as observed in the third week of January. According to Yahoo Finance, year-over-year growth has soared to 27%, fueled by significant contributions from high Chinese export
