On: June 20, 2022 By: Kari Crane
These 23 facts about U.S. trade describe the challenges and opportunities exporters faced last year. They explain, in real numbers, the state of international trade and are worth keeping in mind as you plan your strategy through 2022 beyond.
On: June 15, 2022 By: Richard Corson
One of the toughest challenges for small and medium-sized companies who want to pursue international expansion is getting the ultimate decision-maker at the company to make a long-term commitment to the endeavor. Consider these six points if you want your company to be successful in the global market.
On: June 1, 2022 By: David Noah
Successful exporters are able to coordinate a team of people within and outside their companies to ensure their goods reach their final destination on time, on budget, undamaged and without surprise. Here are four tips for managing an export team when one or more team members work remote.
On: April 25, 2022 By: David Noah
Many exporters and importers don't understand the differences between freight forwarders and customs brokers. While forwarders generally work on the export side of the transaction and brokers on the import side, their roles can and do sometimes overlap. Here's what you need to know about both.
On: April 20, 2022 By: David Noah
Under the Incoterms 2020 rules, DDP puts the maximum risk and responsibility on the seller. That includes export clearance, international delivery and unloading, import clearance, payment of duty and other fees, and final delivery. It's rarely the best term to use for the seller or buyer.
On: April 11, 2022 By: David Noah
Passages are an opportunity to move forward, improve our knowledge and prepare for what's next. That's why we've renamed our blog Passages: The International Trade Blog. We want the name to reflect how our blog helps people find answers, improve understanding and advance their careers.
On: April 4, 2022 By: Arnesh Roy
From maintaining an export compliance manual and running internal audits to understanding product classification and license determination, these are nine aspects of export compliance that successful exporters should know. They'll protect your bottom line and keep you out of trouble with customs.
On: March 30, 2022 By: David Noah
Duty drawback is one of the least understood and most underutilized programs available to U.S. exporters. If they qualify, exporters can use the duty drawback program to reclaim up to 99% of the duties they paid on their imported goods.
On: March 28, 2022 By: Sue Senger
U.S. exporters whose products qualify under the U.S.-Chile Free Trade Agreement (FTA) Rules of Origin may provide their Chilean customers considerable savings. To claim those savings, the buyer must provide customs with written declaration that the goods qualify.
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