Getting Started in International Trade
The term “Export” is derived from the conceptual meaning as to ship the goods and services out of the port of a country. The seller of such goods and services is referred to as an "exporter" who is based in the country of export whereas the overseas based buyer is referred to as an "importer". In International Trade, "exports" refers to selling goods and services produced in home country to other markets.
Any good or commodity, transported from one country to another country in a legitimate fashion, typically for use in trade. Export goods or services are provided to foreign consumers by domestic producers. Export of commercial quantities of goods normally requires involvement of the customs authorities in both the country of export and the country of import. Exporter means a person who exports or intends to export
Following are the Types of Exporters
Manufacturer exporter means a person who export goods manufactured by him or intend to export such goods
Merchant Exporter
Merchant exporter means a person engaged in trading activity and exporting or intending to export goods.
The Exporters who do not have their manufacturing/processing /growing facility and source the product from others and exports. A merchant exporter basically guards the interests of the manufacturers, as well as, the end clients, keeping the long term interests of all the people involved, in trade.
Service Provider
Means a person providing export import related services such as
1) supply of service from home country to any other country
2) supply of a service to the consumer of any other country from home country
3) supply of service from home country through commercial or physical territory of any other country
4) Supply of service from home country related to export paid in free foreign exchange or such services paid in home currency which are otherwise consider as free foreign exchange.
What are the basic areas of knowledge required to become an Exporter?
- Basic Awareness and Understanding of Export Business.
- Documentation and Procedure
- Availability and Effective use of Finance.
- International Marketing and use of Internet
Where can one Export?
There are more than 228 countries in the world who have been Importing various product and services internationally. Every country Imports number of products depending upon its requirement and financial strength. In any country where
- Demand for our Product is good
- Political and Financial situation is stable. Exports can be made.
- Payment term is favorable
Subscribe to:
Posts (Atom)
Guest
