Tag Archives: Export Import

Payment terms in Export and Import

  International trade is an unavoidable part of each country’s economy. The development of Information and Communication Technologies (ICT) has resulted in converting the whole World into a Global Village, where the distance is not a barrier for trading. To succeed in today’s global marketplace and win sales against foreign competitors, exporters must offer their… Read More »

What are Ex- factory terms in Imports and Exports

Ex-works terms or ex-factory terms are commonly been used in the business of import and export. Understanding these terms is important to undertake any import/export business from any country successfully. Ex-factory price means, the selling cost of goods from Seller’s factory. If a buyer agrees to ex-works terms, he/she would be liable to undertake all… Read More »

Which Mode of Transport is right in Export Import Business?

It is very crucial to understand and know what type of transportation will be cost effective and efficient. For international trade, mode of transport and distribution are been considered as the key factors. The choice would actually depend based on – Higher customer services Timely delivery schedules Lower logistics cost Proper inventory levels Import and… Read More »