Search by Title/Keyword:

Filter by:

Filter By
Filter By:

Region:

Region
Filter By:

Industry:

Industry
Clear Search
Export Guide

Foreign Trade Barriers

March 16, 2022

A trade barrier is a government-imposed restriction on the international exchange of goods or services. Barriers to trade are often called “protection” because their stated purpose is to shield or advance particular industries or segments of an economy.

When a country feels another country is “dumping” products into their market unfairly, it can impost import duties/tariffs to offset the discount and protect its domestic suppliers.

Categories of trade barriers:

  • Import policies
  • Government procurement policies
  • Export subsidies
  • Lack of intellectual property protection
  • Services barriers
  • Investment barriers
  • Government-tolerated anti-competitive conduct of state-owned or private firms
  • Trade restrictions affecting electronic commerce
Export Guide

International Marketing

March 16, 2022

The Seven ‘Ps’ of International Marketing:

  • Product: the packaging design, branding, trademarks, warranties, guarantees, and life cycles of a product or service
  • Price: setting profitable and justifiable prices
  • Place: the physical distribution of goods
  • Promotion: personal selling, advertising, and sales promotion
  • Portability: how easily a product or service travels
  • Politics: regulations, logistics, or local practices that may impact or prevent sales in a foreign market
  • People: the amount of disposable income and interest in your product or service
Export Guide
Asia Pacific
Europe
Middle East

International Travel Tips

March 16, 2022

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
Export Guide

Shipping Your Product

March 16, 2022

Shipping your product to a foreign country requires an understanding of packing, labeling, insurance, Incoterms, and documentation. Many companies use freight forwarders to assist with shipping and documentation. A freight forwarder is an agent for moving cargo to a foreign country. Freight forwarders can provide companies with quotes for shipments, make freight arrangements, and product export documents.

Export Guide

Determining HS Codes

March 16, 2022

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

Protecting Intellectual Property

March 16, 2022

Some U.S. companies have found that foreign manufacturers have copied their products, packaging, and business plans, even though they had never done business abroad. Any business that exports its IP protected products abroad or sources its products overseas must take into account the potential for IP theft. For this reason, it is a good idea to get the appropriate forms of IP protection before doing business in another country.

In 2021, the top categories of products that infringed upon intellectual property rights included: pharmaceuticals, health/personal care, eye-wear, critical technology components, electronic articles, and transportation/parts.