On: September 30, 2020 By: David Noah
The Census Bureau does more than count the population of the U.S. It also gathers import-export trade statistics with the help of your electronic export information (EEI), the data that most exporters need to submit through AESDirect on the Automated Commercial Environment (ACE) portal.
On: September 21, 2020 By: Catherine J. Petersen
Before you calculate your final selling price and negotiate a sales contract, you and your buyer must agree upon who is responsible for transporting the merchandise as it makes its international journey. Incoterms 2020 rules provide a framework for assigning these costs and associated risks.
On: September 2, 2020 By: David Noah
HS codes. HTS codes. Schedule B codes. It's important to properly classify your products for import and export. But product classification numbers can change. Do you know where to go for an update?
On: August 26, 2020 By: David Noah
While it’s possible for companies to manually do all the work required for import-export compliance, it’s difficult. Regulations, product classifications, and denied party lists change. Fortunately there's software that makes following good compliance procedures much easier to perform.
On: August 24, 2020 By: Catherine J. Petersen
While Schedule B codes used for U.S. exports are 10-digits long, only the first six digits are the same as in the country of import. Each country is allowed to add up to four additional digits to further delineate the product. So how many digits do I include on my commercial invoice?
On: August 19, 2020 By: David Noah
If you've determined your products require an export license before you can ship them, you most likely need to apply through the Bureau of Industry and Security's (BIS) SNAP-R system. Make sure you avoid these five common errors that can delay your license and potentially get you in trouble.
On: July 27, 2020 By: Joseph A. Robinson
American Chambers of Commerce, traditionally referred to as AmChams, advance the interests of American overseas businesses through advocacy, information, networking and business support services. There are more than 100 AmChams associated with the U.S. Chamber of Commerce across the globe.
On: July 6, 2020 By: David Noah
Most export shipments to countries other than Canada require the exporter or the exporter's representative to file their electronic export information (EEI) through AESDirect located on the Automated Commercial Environment (ACE) platform. To do it right, you need to understand the terminology.
On: July 1, 2020 By: Lisa Nemer
When completing the NAFTA Certificate of Origin, it's often columns 7, 8 and 9—Preference Criteria, Producer and Net Cost—that confuse people. But it's those columns that are really the meat of the form. They determine whether or not your goods deserve preferential duty treatment.
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