I. Brief overview of the import-export industry. If you don’t know where to start, this is where we have covered all the fundamentals of how to start import export business in detail! India’s import-export industry, rooted in centuries-old trade routes, is now a major global player. Diverse products, including
By Shawna Karajic, Export Solutions Inc. Commercial hand carries are classified as imports or exports and therefore necessitate the same compliance reviews as items shipped in standard packaging. Does your organization engage in the hand-carrying of commercial items for import or export? If so, do you have a formal
As a trusted trade partner, Africa Business Group (ABG) helps companies to trade under AGOA through these 10 steps: 1.Understand the Industry and Study the Market Exporting products to the United States presents an exciting opportunity for businesses, but it requires careful planning and a deep understanding of the
A new study on behalf of Trace One has identified the potential impact of import tariffs and foreign good shortages on the U.S. food supply. Read also: “Tariffs Are on the Table for U.S. Importers, Whatever the Election Outcome” Donald Trump’s recent plan to impose a 25% tariff on imports from Mexico and Canada, along
If you’re thinking about exporting to Russia, well… you probably shouldn’t. With a growing number of U.S. sanctions and other restrictions after Russia’s invasion of Ukraine, exporting to Russia from the U.S. has become much more difficult. In this article, we’ll explore those reasons as well as take a
The recent India-Canada diplomatic faceoff stems from several core issues, including political tensions, security concerns, and differences over handling separatist activities. Ideological differences between the two countries have affected the trade and diplomatic relations. Until 2023, India and Canada shared strong trade ties, educational exchange, and strategic cooperation across
EXIM supports small businesses through Export Credit Insurance (ECI) which enables eligible U.S. exporters to protect against the risk of international buyer nonpayment and be able to offer more favorable open account terms to these buyers rather than requiring them to pay-in-advance, open letters of credit, or by other
A strong foundation has been laid down between the two nations after India’s Prime Minister Narendra Modi’s official visit to Russia with President Vladimir Putin to promote bilateral trade and economic relations with a trade roadmap aimed to achieve a 100-billion-dollar (Rs. 8.34 lakh crore) target in annual trade
By Kristine Kelleher Is ITAR Certification Real? What exactly does it mean to be ITAR Certified? Does the US Government offer courses where at the end there is a quiz and if you pass you receive a certificate? Is it equivalent to being a licensed Customs broker? The answer
Client Question: We’re considering Merchanting – what should we look out for, what is the best model? Answer: Outside South Africa, merchanting is sometimes called cross-trading or triangulation/triangular trade, perhaps even ‘drop shipping’, but within SA it is important to use the correct terminology, especially when working with your
