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What Your Sales Team Needs to Know about Export Compliance

David Noah | June 28, 2017 | Export Compliance, Export Basics

When exporters think about their company’s export compliance—if they think of it at all—they think about it on the back end of the export process. They probably check out the restricted parties lists and, hopefully, find out if a license is needed for shipping their goods.

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Shipping Solutions Export Software Versions 9.12 and 8.12 Now Available

Lisa Nemer | June 27, 2017 | Shipping Solutions News & Tips

Shipping Solutions export software is pleased to announce the release of Professional version 9.12 and Classic version 8.12.

If you are an active Annual Maintenance Program (AMP) subscriber, you can download the update from the AMP website.

The new versions include the following enhancements and fixes.

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Import-Export Due Diligence: Assessing Country and Customer Risk

Roberto Bergami | June 26, 2017 | Export Marketing, Export Strategies, Export Finance

Any entrepreneur interested in exporting to a foreign country or importing goods from abroad is inevitably faced with assessing the risk of doing business with both the relevant country and the particular customer or supplier.

Risk assessment is something that should be done by any entity. The process of assessing risk varies from organisation to organisation and industry to industry simply because the context and, therefore, the variables are not the same.

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How to Export: The Beginner's 4-Step Path to Success

David Noah | June 21, 2017 | Export Basics

Exporting your goods can be a terrific way to grow your business and your revenues. But, before you jump into exporting wholeheartedly, we wanted to give you some tips on how to export by keeping you focused on the right things.

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The Harmonized Tariff Schedule: General Rules of Interpretation Never Written (But Used Daily)

John Goodrich | June 19, 2017 | Import Basics

Those of you familiar with the classification process are, without a doubt, veterans of the General Rules of Interpretation (GRIs), the six international rules that provide instructions for determining the Harmonized Tariff Schedule (HTS) code for your products.

Those of you new to the process will find these rules printed for you at the beginning of the Harmonized Tariff Schedule of the United States.

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20 Terms You Need to Know When Filing through AES

David Noah | June 14, 2017 | Automated Export System (AES), Export Basics

Does your company export goods valued at more than $2,500 to anywhere other than Canada? If so, you’re probably no stranger to the U.S. Foreign Trade Regulations (FTR) that require you to file your export information electronically through AES, the Automated Export System. Most exporters need a thorough understanding of AES because the consequences of filing incorrectly can be costly.

If the process of filing through AES seems a bit convoluted, or if you could use a refresher in AES terms, read on.

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Modifying Instructions for Your Export Markets

Roy Becker | June 12, 2017 | Export Basics

A company in Minnesota that manufactured ranching equipment, received an order from a buyer in Japan for steel corral fences and swinging gates to enclose domesticated animals in pens.

The company shipped the goods along with assembly instructions for the fences. The instructions specified that the gate would swing most efficiently by positioning the gate on a two by four placed flat on the ground. When properly adjusted to this height, the gate would clear the ground.

Confused, the Japanese buyer sent an e-mail stating, “We don’t understand a two by four.”

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Harmonized System vs Export Control Classification Numbers

Lisa Nemer | June 7, 2017 | Export Regulations, Export Basics, Shipping Solutions News & Tips

How many ways are there to classify things? When my kids were little my mother bought them way too many Beanie Babies, but sometimes it was fun (and kind of educational) to classify them. The Beanie Babies could be organized by type of animal or by color or by what they ate or type of habitat.

You could say that governments do the same thing with goods. Sometimes goods are classified on the basis of their objective characteristics. Sometimes they are classified based on their use. Today I’m going to compare two types of classifications, the Harmonized System (HS) codes and the Export Control Classification Numbers (ECCN).

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Ensuring Export Compliance: Understanding Foreign Country Import Requirements

Arnesh Roy | June 6, 2017 | Export Compliance

When U.S. exporters think about export compliance, they tend to think about complying with U.S. trade regulations. However, it is important not to overlook the rules and regulations that may be imposed by the customs authority in the country of import.

Depending on the terms of sale agreed upon, the exporter may be responsible for clearing their goods through foreign customs. Even if the foreign buyer is clearing the goods through customs, the exporter wants to help ensure they can do so as quickly as possible. It helps establish a long-term relationship.

Today’s article explains what kinds of import regulations exist and how to find out more information on specific country requirements.

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Classifying Your Products for International Trade: HS, HTS and Schedule B Codes

David Noah | June 5, 2017 | Export Compliance, Import Basics, Export Basics
People who are new to international trade are sometimes confused by the different but similar sounding types of product classification, the frequency with which people use the names of the different types of classification systems interchangeably, and the fact that they sometimes see six-digit classification numbers and other times 10-digit numbers. This chart summarizes the three different types of product classification codes used in importing and exporting by customs for determining tariff rates and trade statistics.

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