When working with export representatives, you should consider the following helpful tips:
Tip #1: Be Sure You Know What Goods and Merchandise Are Legal to Export Before attempting to export or distribute any goods or merchandise, it is prudent to ask export representatives about legal and illegal goods. This way you will know what products or merchandise you can ship overseas or internationally. The international trade and foreign exchange laws sometimes change, and cargo sent by air or sea must meet all legal guidelines. This way you can avoid any legal repercussions as well.
Tip #2: Inquire About Exporting and Importing Fees If you are unaware of the fees that apply to exporting and importing merchandise or goods, then it is important to find out what fees may apply. There could be additional international trade fees, other than the cost of inventory or commodity shipping rates. The size and weight of the products or materials you ship to consumers or distributors can also have an impact on the fees you must pay. The value of the exported goods can also impact fees.
Tip #3: Ask Export Representatives About Insurance Coverage When you export or import goods and commodities, there is a chance that merchandise can get lost or stolen. Therefore it is a good idea to find out more about insurance coverage on international trade merchandise or exported goods. This way you can get the insurance protection you need, and not have to worry about losses during international goods transporting or commodity distribution to other countries.
If you work for a manufacturer that is involved in international trading or foreign markets, then you might need an export representative that knows about government rules regarding agriculture and tariffs, dumping, strategic planning, flow charts and tables, world markets, and how to subsidize. You can find many export representatives listed in your online directory and on the Internet. Some people find that it is difficult for them to choose a company because there are so many to pick from. By following these guidelines, though, having a lot of options doesn't have to be a bad thing because you can pick one that's right for you. When you first contact the export reps, you will want to determine how much experience they have by asking them how long they have been in business. Agents with several years of experience should understand suppliers and markets in countries like China and should be familiar with international trading laws that helps manufacturer import and export their products with as few barriers and expensive as possible. Find out if the agents can give you online illustrations that explain the best ways for your company to move goods around the world to different markets to avoid tariffs and other charges that could dramatically impact the amount of money that you make from your products. Find out if the representatives have lists of references that you can check. This is a great way to determine how reliable they are because you can talk to their other clients about their experiences.