On: January 17, 2024 By: David Noah
Exporters often use Harmonized System (HS), Harmonized Tariff Schedule (HTS) and Schedule B codes interchangeably. They know these codes classify their products for international trade. While that's OK in casual conversation, it's important to know the differences when it comes to actual usage.
On: December 11, 2023 By: Kari Crane
Especially in the pharmaceutical, food and chemical industries, you might need to include a certificate of analysis (COA) with your export documents. Learn who needs one, how to create one and the essential information it should contain—along with the consequences of noncompliance.
On: October 23, 2023 By: Kari Crane
If you import goods that contain paper, wood or plant-based materials, you may need to file a Lacey Act declaration. And later this year even more products will fall under the jurisdiction of the Lacey Act. Learn about its purpose, enforcement and how to meet your compliance responsibilities.
On: October 2, 2023 By: Arnesh Roy
Don't be overwhelmed by the hundreds of international shipping terms. We've published a glossary of more than 250 trade terms used by importers and exporters. Bookmark this page and refer to it when you stumble across a word or acronym that has you stumped.
On: September 13, 2023 By: Mitch Kostoulakos
Typically the commercial invoice value is used by U.S. Customs and Border Protection for duty calculation. But when the invoice value cannot be used or the transaction isn't clear-cut, CBP uses an appraisement hierarchy to ensure a fair and consistent valuation of imported goods for customs purposes. Learn how to apply the appraisement hierarchy.
On: August 16, 2023 By: John Goodrich
As an importer, you are required to retain records relative to your importing for five years from the date of entry. Use this checklist to teach staff how to audit an import file, and keep it to demonstrate that you have done your audit work and are in compliance.
On: August 2, 2023 By: Arnesh Roy
Landed cost calculates the entire cost of importing or exporting your goods, including shipping, handling, customs duties and fees, and more, allowing you to be more strategic and better prepared. We explain what's included in landed cost, the role of Incoterms and how software can simplify the process.
On: July 24, 2023 By: Mitch Kostoulakos
Anti-dumping and countervailing duties (ADD/CVD) are used to protect the U.S. manufacturing industry from unfair trade practices. Understand how these duties are calculated, the impact on U.S. importers and how to determine if a commodity falls under ADD/CVD.
On: June 12, 2023 By: Kari Crane
Learn how businesses can expand their reach, reduce costs and stay competitive in international markets by using free trade agreements (FTAs). We explain strategies for leveraging FTAs (including how to position your supply chain), share compliance tips, and explain who can benefit most from FTAs.
Be among the first to know every time a new article has been posted. It is absolutely free!
Join the 33,143 other exporters and importers who get the latest news, tips and insights from international trade professionals.
