On: January 5, 2022 By: David Noah
On Jan. 1, 2022, the World Customs Organization updated the Harmonized System (HS) codes used throughout the world for importing and exporting. Those changes also impact U.S. HTS codes for imports and Schedule B codes for exports. Here’s what you need to know to ensure you're still correctly classifying your products.
On: November 29, 2021 By: David Noah
There are definite advantages and disadvantages for companies to consider before exporting their goods and services. But for many companies, exporting is a viable option for growing their business and increasing their sales. After all, more than 95% of the world’s population live outside of the U.S.!
On: October 18, 2021 By: David Noah
Thanks to the Dominican Republic-Central America Free Trade Agreement, you may not have to pay tariffs on your goods if you are exporting to one of six partner countries. We look at how the CAFTA-DR has impacted trade in this region and how to know if your goods qualify under the FTA.
On: July 28, 2021 By: David Noah
Do you really need a trade compliance certification to be a professional exporter? I share my thoughts—and six other aspects of export compliance that companies should instead (or also) consider.
On: July 14, 2021 By: David Noah
This last year made clear that exporters need to reexamine their handling of inventory and warehousing. In this article, I’ll discuss the differences between using freight forwarders and third-party logistics (3PL) companies for these jobs, and how to identify the right partner for your needs.
On: April 21, 2021 By: David Noah
International trade compliance includes the rules, regulations and best practices for importing and exporting. We look at why it matters, how to set up an effective trade compliance program and ways to simplify what can be a complicated process—without sacrificing accuracy or compliance.
On: March 22, 2021 By: David Noah
Intellectual property (IP) theft of patents and trademarks costs U.S. exporters more than $600 billion a year, and that number is on the rise. You need to understand these 10 common terms to manage this critical and challenging aspect of international trade.
On: March 17, 2021 By: David Noah
Once you've determined that a letter of credit is the best way to get paid for your export, you not only need to properly prepare the letter of credit. A mistake during any part of the process means not getting paid on time! Avoid these seven common mistakes that exporters make.
On: February 17, 2021 By: David Noah
The U.S. Export Administration Regulations (EAR) no longer consider Hong Kong a separate destination from China, which means expanded mandatory Automated Export System (AES) filing requirements now apply to Hong Kong as well. This is causing confusion for some exporters.
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