On: October 4, 2023 By: David Noah
Under the Incoterms 2020 rules, CIF means the seller is responsible for loading goods on board the international vessel, cost of carriage to the port on the buyer's side, and insurance to that point. Liability for the goods transfers to the buyer as soon as the goods are loaded on the vessel.
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 20, 2023 By: Roberto Bergami
Part of assessing risk for your imports and exports is understanding the level of corruption that exists in various countries. Here's how to research corruption before entering into a business relationship with an entity abroad.
On: September 18, 2023 By: David Noah
Set to become the world's second-largest economy by 2075, India holds a lot of potential for U.S. exporters. But before you attempt to export goods to India, read this article to learn about the opportunities, navigating challenges like high tariffs and infrastructure needs, and compliance issues.
On: September 6, 2023 By: Roberto Bergami
Companies that import or export must learn to assess the risk of doing business with both the relevant country and a particular customer or supplier. Throughout this series of articles, you will learn to use publicly available data to research country and customer risk.
On: August 21, 2023 By: David Noah
For many U.S. companies, Mexico offers an exciting opportunity for exporting their goods and services. This article looks at the history of U.S. trade with Mexico; the impact of the USMCA on trade; the process of exporting to Mexico; and considerations for entering the Mexican market.
On: August 14, 2023 By: David Noah
Under the Incoterms 2020 rules, Free Carrier (FCA) means the seller has fulfilled its obligation when the goods are loaded on the buyer's transport at their warehouse or made available to the buyer at a named place such as a freight forwarder's warehouse or a carrier's terminal. Learn more about the risks and responsibilities and get answers to FAQs.
On: August 7, 2023 By: David Noah
There are five common payment options used for exports. Letters of credit (LCs) are one of the most secure instruments available to international traders. They can protect the interests of both the exporter (seller) and the importer (buyer). But they can be time-consuming and expensive to use.
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.
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