If you’re a business owner looking to expand your customer base beyond domestic markets, you’ll need to ensure that your company is import export ready. But what does that mean, and how do you get there? In this blog post, we’ll answer those questions and provide you with a simple process to achieve import export… […]
As global trade continues to evolve, it is essential to make accurate predictions about the future of international imports and exports. In 2023, the world of international trade is expected to be vastly different from what it was 5 years ago. With the rise of global e-commerce, a rapid increase in automation, and shifts in… […]
As an exporter, you’re probably used to thinking of export as a destination rather than as a process. However, the way your goods are shipped, and the documentation involved in getting them there is just as important as where they’re going. The export process is the set of activities that your products go through when… […]
Namibia is a fairly small country on the African continent, with just over 2 million inhabitants. Despite the country’s relatively small population, it has a thriving economy and exports are one of the reasons why. In fact, exported goods account for more than half of Namibia’s GDP. Trade between countries has positive effects on both… […]
We would like to help you, by giving you a few tips for finding trustworthy suppliers. When you’re sourcing products from another country, things can get a little complicated. You have to worry about many different things such as shipping times, tariffs, and quality control. One of the most important things you need to consider… […]
If you work in sourcing or product development, you’ve probably been asked about your China alternatives at some point. The truth is that the market for importing from China has changed a lot in recent years. That’s because, while it’s still an excellent option for many products, it’s no longer the only one. In fact,… […]
Welcome to this “The Basics of International Trade Agreements: A Comprehensive Guide“. In today’s global economy, businesses must be equipped with the knowledge and tools necessary to thrive. International trade is a key driver of economic growth and opportunity, as it opens new markets and facilitates access to raw materials, intermediate goods, and final consumers.… […]
5 Ways to Protect Your Business from the Effects of War Businesses will always have to face unexpected circumstances. Sometimes they can be as severe as a war, as is the case in 2022 with Russia and Ukraine, that can put a company out of business. However, there are businesses that thrive even when the… […]
A Simplified Guide To International Trade Terms Understanding Incoterms is very important, so it’s a good thing you are here! When you enter the international trade arena as a newbie, it can feel overwhelming. Terms such as FAS, CIF, CFR and FOB seem more like cryptography than shipping guidelines. But these terms are essential to… […]
Here are 3 reasons to get a Forwarding Agent. When you run a business, it means that you need to be a jack of all trades, a master of some and ninja in others. There are so many different things that you need to handle as an entrepreneur. If you’re not the kind who can… […]
Large steel mills in southern Turkey are expected to remain shut for weeks, with production lines idle and workers trying... Read More The post Turkey’s Earthquakes Paralyze Third of Steel Output Capacity appeared first on Global Trade Magazine.
When you go shopping for a new product, what influences your final purchasing decision? Price? Availability? Quality? Brand? For many... Read More The post The Uyghur Forced Labor Prevention Act: Why and What Importers Need to Know appeared first on Global Trade Magazine.
U.S. Lemon And Lime Import Price per Ton August 2022 In August 2022, the lemon and lime price per ton... Read More The post U.S. Lemon and Lime Price Surges 17% to $931 per Ton appeared first on Global Trade Magazine.
Venezuela and Colombia officials opened the Atanasio Girardot international bridge on Sunday, allowing vehicles carrying both passengers and cargo to... Read More The post Venezuela, Colombia Open Binational Bridge to Boost Trade appeared first on Global Trade Magazine.
U.S. Christmas Decoration Import Price August 2022 The average christmas decoration price stood at $3 per unit in August 2022,... Read More The post U.S. Christmas Decoration Price Declines 10% to $3 per Unit appeared first on Global Trade Magazine.
Two of China’s biggest automakers are so determined to ensure their cars make it from factories on the mainland to... Read More The post China Carmakers are Ordering Their Own Ships to Get Export Ready appeared first on Global Trade Magazine.
U.S. Laptop and Tablet Computer Import Price August 2022 In August 2022, the average laptop and tablet computer price amounted... Read More The post Laptop Price in America Averages $495 per Unit, Fluctuating Mildly this Year appeared first on Global Trade Magazine.
The year 2022 has been an interesting year for Canadian exports in general. Overall, exporting businesses have been very successful... Read More The post The Biggest Canadian Exports in 2022 appeared first on Global Trade Magazine.
Energy tops the list of the most critical issues globally. Covid and the Russian incursion have jolted markets, pushing energy-related... Read More The post Top 10 US 2022 1st Quarter Exports appeared first on Global Trade Magazine.
The Export-Import Bank of the United States (EXIM) Board of Directors yesterday unanimously approved two transactions that will support U.S.... Read More The post EXIM Board of Directors Approves Final Commitments for Projects in Cameroon and Brazil appeared first on Global Trade Magazine.
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