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Export Guide

Selecting an International Market

September 5, 2018

With approximately 200 countries in the world, how can your company decide where to export? This simple guide can help your company determine which international market is best for your products and services.

  • Step 1: Screen – know your company and know your industry
  • Step 2: Compare – market assessment checklist
  • Step 3: Select – continue research and develop and export plan
Export Guide

Financing and Payments

September 5, 2018

Understanding trade finance and payments helps exporters turn opportunities into sales and get paid for those sales in full and on time.

There are four methods of payment in international trade:

  • Open account
  • Documentary collection
  • Letters of credit
  • Cash-in-advance

Each payment method contains varying levels of risk for the importer and exporter. An appropriate payment method must be chosen carefully to minimize the payment risk to the exporter while accommodating the needs of the importer.

Export Guide

Determining HS Codes

September 4, 2018

Learn how to determine your HS Code and Schedule B numbers.

Harmonized System (HS) codes are a standardized numerical method of classifying traded products. They are 6 digits and standardized across countries. Schedule B numbers contain 10 digits. The first 6 digits are the same as the HS code; the last 4 digits are used by the U.S. to further classify exported products.

Exporters need to know their product’s Schedule B and HS numbers to:

  • Determine applicable import tariff rates and whether a product qualifies for a preferential tariff under a Free Trade Agreement
  • Complete Electronic Export Information, Certificates of Origin and other shipping documents
  • View import and export data for a specific product to determine trends and top markets
Export Guide

Exporting 101

September 4, 2018

Learn how to export your product or service

It is now easier than ever for businesses, no matter how small, to sell goods and services around the world. Exporting is one the best ways to help a business:

  • Increase sales and profits
  • Sell excess production capacity
  • Reduce dependence on existing markets

Exporting is a big step for many businesses, and there are six topics that must be understood to before pursing international sales. The better prepared a business is for exporting, the more successful it will be.

  1. Determine HS Codes
  2. Understand Export Regulations
  3. Select an International Market
  4. Respond to Inquiries
  5. Financing and Payments
  6. Ship Your Product
Export Guide
Asia Pacific
Middle East

International Travel Tips

September 6, 2013

When traveling for business overseas, there are visa and health requirements to consider, national holidays to avoid, trade events to schedule, and troubled areas to avoid. When planning a business trip abroad, the best place to start is with the local embassy or consulate of your destination country. Officials that work in embassies and consulates can provide you with essential requirements for entry and information regarding the local economy, holidays, and more.

Documentation requirements:

  • Passport Basics
  • Visa

Health issues:

  • Insurance
  • Vaccinations and Illnesses
  • Medications