On: April 8, 2024 By: David Noah
Under the Incoterms 2020 rules, DAP means the seller is responsible for delivering the goods to the place on the buyer's side agreed upon by both parties, at which point risk transfers to the buyer. The buyer is responsible for unloading the goods and clearing them for import.
On: April 3, 2024 By: Mitch Kostoulakos
Don't delay export compliance! Learn why businesses procrastinate on Export Compliance Programs (ECPs) and common mistakes to avoid.
On: April 3, 2024 By: Kari Crane
Here's what we're talking about this month: U.S. Steps Up Enforcement: What It Means for Foreign Companies • Commerce Cracks Down on Exports to OFAC Sanctioned Entities • Global Trade: More Connected Than You Think? • Mexico Challenges Labeling Rules—What it Means for USMCA • New Restrictions on Exports to Nicaragua • World Trade Month: Don't Miss These Events
On: April 1, 2024 By: David Noah
Before you attempt to export goods to France, read this article.
On: March 27, 2024 By: Kari Crane
Unsure how your export practices compare to others? Our survey of exporters explores how they handle regulations, payment, costs, documentation and more. Plus, we share resources to navigate these challenges.
On: March 25, 2024 By: Kari Crane
One of the final steps in claiming preferential treatment under a free trade agreement (FTA) is certifying and documenting the origin of your products. Learn where to find the requirements, which export documents can be used for qualification and the information that must be included.
On: March 20, 2024 By: David Noah
Exporters and importers are sometimes confused about the differences between the Incoterms 2020 rules DDP and DAP, including who is responsible for what costs during the international journey and when risk transfers from the seller to the buyer. We explain the differences.
On: March 18, 2024 By: David Noah
The Export Commodity Control Number and Harmonized System numbers are used to classify your products for international trade, but they have distinct purposes. Some codes are used for export control, others are used by customs to determine duty rates and others for collecting stats.
On: March 13, 2024 By: David Noah
U.S. companies are often unaware of the international commercial terms known as Incoterms. This article explains the history of Incoterms, when and why they should be used, and the responsibilities, risks and costs for the buyer and the seller under each of the 11 Incoterms 2020 rules.
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