On: January 5, 2022 By: David Noah
On Jan. 1, 2022, the World Customs Organization updated the Harmonized System (HS) codes used throughout the world for importing and exporting. Those changes also impact U.S. HTS codes for imports and Schedule B codes for exports. Here’s what you need to know to ensure you're still correctly classifying your products.
On: January 3, 2022 By: Richard Corson
Emerging markets don't come without risk, but often that risk is worth the potential reward for exporters. These markets offer opportunities for growth that may not be available in more developed economies. We look at four emerging markets American companies should consider.
On: December 13, 2021 By: Dr. Cheryl McCloud
Sourcing is one of the first steps in the supply chain, and it's an important one—it impacts every other aspect of your supply chain. Learn about what's included in the sourcing process and how, when done effectively, it can benefit the entire shipping process and your bottom line.
On: December 1, 2021 By: Sandra L. Renner
Companies that strategically target high-potential export markets will see a greater return on their investment. This article details a targeting process that will help your company avoid reacting to low-potential opportunities around the world and instead choose the most promising export markets.
On: November 29, 2021 By: David Noah
There are definite advantages and disadvantages for companies to consider before exporting their goods and services. But for many companies, exporting is a viable option for growing their business and increasing their sales. After all, more than 95% of the world’s population live outside of the U.S.!
On: November 10, 2021 By: Matthew Silverman
It's a task that seems overwhelming but one that companies can't afford to skip: developing or updating an export compliance manual. We simplify the process by breaking down what actually needs to be included to create a manual that's accessible and auditable, and how to ensure the finished product gets used.
On: November 3, 2021 By: David Noah
Importers and exporters must properly identify and label the country of origin of their goods. It's used by customs authorities to identify duty rates, preferential trade agreements, trade sanctions and import quotas that may apply. Labels on goods also allow users to know their origin.
On: October 27, 2021 By: Alberto Rodriguez-Baez
You're counting on your international distributors to deliver results for your company, which is why you need to make sure you're hiring the right partners. What to ask during an interview and other important steps you should take to ensure you choose the right distributors.
On: October 25, 2021 By: Arnesh Roy
We explain how to submit a commodity classification request—often referred to as a CCATS request—with BIS. It's one tool available to help exporters find the correct classification for their goods under Export Administration Regulations (EAR).
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