Payment terms in Export and Import

  International trade is an unavoidable part of each country’s economy. The development of Information and Communication Technologies (ICT) has resulted in converting the whole World into a Global Village, where the distance is not a barrier for trading. To succeed in today’s global marketplace and win sales against foreign competitors, exporters must offer their… Read More »

Everything about High Sea Sales

High Sea sales (HSS) is a sale carried out by the actual consignee (ie, the consignee shown in the Bill of Lading) to another buyer while the goods are yet on high seas or after their dispatch from the port of loading (POL) and before their arrival at the port of discharge (POD). You can learn about all export-import documentation and procedure from a well-known… Read More »

Tips for sending samples to foreign buyers

  When an exporter deals with the foreign buyers, he should always be prepared in order to provide samples of his products. Promotional measures are always beneficial for a healthy start. It thus depends on him in order to provide his products samples whether they are free of cost or on a minimum charge. A new… Read More »

What are Ex- factory terms in Imports and Exports

Ex-works terms or ex-factory terms are commonly been used in the business of import and export. Understanding these terms is important to undertake any import/export business from any country successfully. Ex-factory price means, the selling cost of goods from Seller’s factory. If a buyer agrees to ex-works terms, he/she would be liable to undertake all… Read More »