On: May 22, 2024 By: David Noah
For most exporters, getting paid for their goods is the most important part of the process. Too often, however, it's the last thing they think about. Here are 10 terms you need to know—including the five most common payment methods—to help you get paid on time, in the correct amount.
On: May 20, 2024 By: David Noah
The Harmonized Tariff Schedule of the United States (HTSUS or HTS) is a system used for importing and exporting to classify goods based on their material composition, product name and/or intended function. It is similar to Schedule B codes used for exports, but there are some key differences.
On: May 13, 2024 By: David Noah
Before you attempt to export goods to the EU, read this article.
On: April 29, 2024 By: David Noah
Before you attempt to export goods to the Netherlands, read this article. We explain the process of exporting to the Netherlands, including documentation and compliance requirements; and the benefits and considerations for U.S. companies.
On: April 22, 2024 By: Kari Crane
World Trade Month is in May. It's a month filled with events to celebrate the importance of international trade to the U.S. economy and to teach new and experienced exporters about various aspects of international trade. This year's theme is 'A New Path Forward.'
On: April 8, 2024 By: David Noah
Under the Incoterms 2020 rules, DAP means the seller is responsible for delivering the goods to the place on the buyer's side agreed upon by both parties, at which point risk transfers to the buyer. The buyer is responsible for unloading the goods and clearing them for import.
On: April 1, 2024 By: David Noah
Before you attempt to export goods to France, read this article.
On: March 20, 2024 By: David Noah
Exporters and importers are sometimes confused about the differences between the Incoterms 2020 rules DDP and DAP, including who is responsible for what costs during the international journey and when risk transfers from the seller to the buyer. We explain the differences.
On: March 18, 2024 By: David Noah
The Export Commodity Control Number and Harmonized System numbers are used to classify your products for international trade, but they have distinct purposes. Some codes are used for export control, others are used by customs to determine duty rates and others for collecting stats.
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