‘Olympic Trade Effect’: Countries bidding to host the Olympics send a signal that they are ready to open up trade. Leading economists believe that there was strong evidence of the Olympics having a large positive effect, north of 30 percent, on exports of hosting nations. This points towards that the China Winter Olympics 2022 will boost export and import from the nation.
Global import price levels could increase by 11% due to global demand surge and limited supply. Several factors point towards an increase in freight rates while importing goods from China across the next few months. We advise booking freight containers from China now to avoid getting caught up in the upcoming cycle of capacity squeezes.
The Legal Metrology Registration Certificate, also called LMPC certificate, is mandatory for Indian importers of pre-packaged goods. Failure to register can lead to the goods being seized by customs. Read this guide to get an LMPC certificate and import smoothly.
GST is an active indirect tax that replaces all other indirect taxes across India. Read about how GST impacts imports in India and how to calculate GST on your imports.
Minimum order quantity ensures that suppliers make a profit on sales while buyers get the right products for the right price. However, buyers can still negotiate a lower MOQ in China. We’ll tell you how.
Quality control and inspection is crucial if you are sourcing products or manufacturing your goods in China. The article explains what it entails, why it is important, and how to go about getting it done.
A high tariff wall, frequent duty rate changes, and a protectionist foreign trade policy are among the biggest hurdles standing in the way of Indian importers.
From customs duties to IGST, know all there is to know about the costs associated with importing goods into India, how to calculate them, and where to pay.
Know about the Switch Bill of Lading, its role in shipping, best practices along with the features, concerns and risks.
Know about the compliances, Custom documents, duties and labelling for imports from China to India
Know about the Harmonised System Code (HS Code), how to find the correct code for the product along with their importance, correct uses & the consequences of incorrect usage
Read to know about the Global container crisis. How did it Start and its impact on India. What measures have been taken to curtail the crisis.
Know about the incident which blocked the Suez canal and how would it impact the global shipping industry. Will container freight charges increase or stay constant.
Know about the impact of India-China Conflicts, trade Statistics and the government Measures to withdraw dependence on Chinese products.
Learn how to ensure your foreign buyer pays you in full & on time. Along with the pros & cons of the most common international payment terms. And what to do if the buyer refuses to pay.
Know about India's Foreign Trade Policy. The Highs & Lows of FTP 2015-2020. What are the expectations from FTP 2021-2026? Is the new FTP India's road to $5 Trillion by 2025?
Read key cyber-security frauds affecting exporters-importers. Why SMEs should be alert? How SMEs can protect themselves when under attack? Useful tips to stay safe.
Get latest updates on what a container rollover crisis is. The reasons for the fallout and impact of cargo rollover. Know how you can prevent it and what to do when cargo is rolled.
Find out what CBM is and how to calculate CBM for your cargo. Learn to calculate CBM for Ocean Freight, Air Freight and road (truck LTL) freight. Calculate CBMs per pallet.
Find out all the factors impacting custom clearance, rules and policies you need to be aware about and steps involved in custom clearance.
Know about the abandoned goods and why are the cargo abandoned. What happens with abandoned goods and who is liable. How to avoid being stuck and what to do when stuck with abandoned goods.
Find the sample email templates for import-export business. How to make a product pitch, send a business proposal or quote, update the client on an ongoing transaction, deal with queries, troubleshoot, negotiations etc
Know about the best 35 digital resources needed to do an import/export business successfully. Learn where to look for buyers, trade finance to preparing & filing trade documentation and get ready.
A detailed guide on how to import with an example of a Full Container Load (FCL) import process.
Get detailed information about the role of a Container Freight Station (CFS) in shipping. Know it's meaning, functions, and charges.
Complete guide to the types of dangerous goods and shipping them safely, including the precautions to follow and documentation required.
What is a reefer and how does it work? Types of reefers, latest techniques to ship perishables, and temperature-sensitive cargo in refrigerated containers.
A detailed list of ten shipping documents that importers and exporters require for customs clearance of their goods.
Choose the right cargo container for your ocean freight and optimise your international logistics costs.
An import/export manager must have these essential skills to be successful.
Learn about the Bill of Lading, its meaning, importance, the different types and the information it contains. Understand the risks of not filing a Bill of Lading accurately.
The novel coronavirus pandemic has not only hit the human population but also destructively hit the Indian economy. This is the first time in history where the Indian economy has almost brought to a lockdown.
Read key details about various schemes like NIRVIK, reimbursements that state levies, increase in Fishery exports, hike in customs duties, export hubs, FTA, and more.
An overview of how Cogoport is helping simplify international logistics for exporters and importers.
China is one of India's biggest trading partners. Read to know more about the India-China bilateral trade.