On: April 11, 2022 By: David Noah
Passages are an opportunity to move forward, improve our knowledge and prepare for what's next. That's why we've renamed our blog Passages: The International Trade Blog. We want the name to reflect how our blog helps people find answers, improve understanding and advance their careers.
On: April 4, 2022 By: Arnesh Roy
From maintaining an export compliance manual and running internal audits to understanding product classification and license determination, these are nine aspects of export compliance that successful exporters should know. They'll protect your bottom line and keep you out of trouble with customs.
On: March 30, 2022 By: David Noah
Duty drawback is one of the least understood and most underutilized programs available to U.S. exporters. If they qualify, exporters can use the duty drawback program to reclaim up to 99% of the duties they paid on their imported goods.
On: March 28, 2022 By: Sue Senger
U.S. exporters whose products qualify under the U.S.-Chile Free Trade Agreement (FTA) Rules of Origin may provide their Chilean customers considerable savings. To claim those savings, the buyer must provide customs with written declaration that the goods qualify.
On: March 21, 2022 By: David Noah
Under the Incoterms 2020 rules, DPU means the seller is responsible for clearing the goods for export and bears all risks and costs associated with delivering the goods and unloading them at the named port or place of destination. The buyer is responsible for clearing them for import.
On: March 16, 2022 By: David Noah
N.E.S., or not elsewhere specified, is an important term to understand when determining the proper Export Commodity Control Number (ECCN) classification of your products for export compliance. Find out what it means and how it plays a role in the classification process.
On: March 14, 2022 By: David Noah
Part of complying with U.S. export regulations is determining if your products have a classification code from the Commerce Control List (CCL) or the U.S. Munitions List (USML). If they don't, they're probably designated EAR99. But even EAR99 products might have some export restrictions. Here's why.
On: March 9, 2022 By: Alberto Rodriguez-Baez
Your success as an exporter is closely tied to the success of your international distributors. We share five tips to ensure you choose the right partners. And if you're overwhelmed by the process, don't worry: Tip #1 highlights a plethora of organizations ready to help in your journey as an exporter.
On: March 7, 2022 By: Richard Corson
Exporters looking to expand into countries that have big growth potential should consider emerging markets. Despite not having a free trade agreement with the United States, these are four markets that exporters may want to consider.
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