You can get full information related to import/export service providers at our website http://www.daleeli.com/en/category/all/all/Import-&-Export-Agencies/12825

1. Tips to start an import/export business
Do you want to start an import/export business? Following tips would definitely help
you in getting started your own import/export firm.
There are Embassies or Consulates in foreign countries that have been set up by many
countries in order to boost exporting of their goods. The Consulates are present in
different cities whereas Embassies are usually located in a nation’s capital. You can get
industry directories and other important information related to this business through
Consulates. Manufacture lists, directories and contact information such as email address
can be obtained from the Embassy website.
Contacting a particular country’s Consulate is essential if you want to import goods over
there. You can get the lists of manufacturers and drafts, in case if you are unsure what
products the other country wants.
You should communicate with your country’s taxation department to get registration
numbers or to know more about different policies that you need to follow. Trade
barriers have been set up against certain countries and they are known as embargoes.
For example, Cuba comes under embargo list in many countries. It is always better to
get full details from your own government to know whether the country you are
considering comes under embargo or restriction list or not. Next step would be to get in
touch with that country’s Embassy or Consulate to know if there are any restrictions
against products from your own country.
Gather all the important information about licensing requirements. These days various
countries have exempted license requirement for most of the products. But, if you are
looking to import or export certain food items, chemicals, apparels, pharmaceuticals etc.
then you would need a license in this scenario. It is always advisable to initiate your
business with low risk products that are easy to exchange and have less trade barriers.
To give you an example giftware is one such item that can be imported or exported
easily.

2. To get reliable trade information you should go through research libraries and
participate in the programs organized by the Chambers of Commerce. Such programs
offer good trade information and will also help in increasing your network knowledge.
It’s important to bear in mind that when exporting goods every shipment deal will be
different with regards to shipping and customs. Each company will have different set of
products and will require different set of services. Hiring the services of a freight
forwarder is a good option. They manage shipping and customs for goods being
imported or exported to other countries. You need to understand their complete work
procedure and question your queries in advance in order to avoid any untoward
incident in the future. You have to be very clear with your shipping, license, insurance
and all such important things.
Letters of credit are the easiest way of paying when trading internationally and are
available with banks. Contact your bank to provide with letters of credit. With this
service, the banks gives assurance that the goods are delivered before the amount is
exchanged thereby reducing the risk of doing business internationally.
Again, it is recommended to participate in Trade Fairs or Missions. You will discover
more options available in import/export business by consulting with your local Chamber
of Commerce.
You can get full information related to import/export service providers at our website
http://www.daleeli.com/en/category/all/all/Import-&-Export-Agencies/12825