Dr. Koteswara Rao

The export or trader uses such a report in the inspection of goods purchased from a manufacturer. The export manufacturer also uses such a report in the inspection of its own productions.

This type of shipment is usually requested by a distributor who wants to avoid going through additional distribution channels and wants the goods to be shipped directly to the retailer. This is a means to conceal if a product or item was shipped from third party vendors.

1.Diversify your selling to different markets and countries.
2.Take advantage of global marketplace platforms
3.Do not overlook shipping.
4.Develop networks in your new markets
5.Localize everything - from language to cross-border taxation.

Known the Unknown about Exports-Import Industry with Global EXIM

Increased economic growth, social progress, and promoting regional space and stability are the primary goals of ASEAN.

The biggest trading market of ASEAN in Singapore. As per the trade map, ASEAN exports of goods to the global market worth USD 890 billion and imports worth USD 846 billion.

APEC comprises 21 member countries including Australia, Brunei Darussalam, Canada, Chile, China, Hong Kong, Indonesia, Japan, Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, Philippines, Russia, Singapore, Taipei, Thailand, United States and Vietnam. APEC ensures that goods, services, investment and people move easily across borders. Members facilitate this trade through faster customs procedures at borders; more favorable business climates behind the border; and aligning regulations and standards across the region.

Your brand becomes closer to your customers by finding solutions for their needs.
We have put our customers’ needs first. We must see the products as something that can help our customers; and not who will need our products.

Economist Jim O'Neill claims that by 2050 the four BRIC economies would come to dominate the global economy by 2050.
The BRICS mechanism aims to promote peace, security, development and cooperation. It also aims to contribute significantly to the development of humanity and establish a more equitable and fair world.

EU comprises 27 member countries which are Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain and Sweden.

The EU grew out of a desire to form a single European political entity to end the centuries of warfare among European countries that culminated with World War II and decimated much of the continent. 12 countries established the European Single Market in 1993 to ensure the so-called four freedoms: the movement of goods, services, people, and money.

NAFTA was created to streamline trade and grant North American producers preferential treatment for goods that did not originate from the United States, Canada, or Mexico. This historic agreement marked the first instance where two developed nations entered into a trade agreement with an emerging market country.

An export invoice is a crucial document that accompanies shipments of goods or services from one country to another. It serves multiple purposes, including facilitating customs clearance, providing proof of transaction, and ensuring accurate record-keeping. When preparing your export invoice, several key elements should be included to ensure compliance with international trade regulations and enable smooth international transactions.

Here are the essential components you should include in your export invoice:

1. Header Information: Your company's and the recipient's details, invoice number, and date.
2. Buyer and Seller Details: Clearly state the names and addresses of both parties.
3. Description of Goods or Services: Provide a detailed description, quantity, unit price, and total value.
4. Quantity and Measurement: Specify the quantity and unit of measurement.
5. Currency and Payment Terms: Indicate the currency used and the agreed-upon payment terms.
6. Terms of Delivery: Include the agreed-upon Incoterms for transportation and customs.
7. Shipment Details: Provide information about the mode of transport, ports, and expected delivery dates.
8. Packaging and Marking: Describe the packaging materials and any required markings or labels.
9. Exporter's Declaration: Affirm the origin of the goods.
10. Tax and Duties Information: Specify any taxes or duties associated with the goods.
11. Additional Documentation: Attach any necessary supporting documents.
12. Terms and Conditions: Include your company's terms and conditions of sale.

Ensuring that your export invoice contains these elements will help facilitate customs clearance, provide proof of transaction, and comply with international trade regulations.

1. Make Local as Global
In any industry for the product or service to blossom in the market, awareness needs to be done. With the ample availability of local products and have the potential to export, it is always an undiscovered path for many of the exporters to tap on the local products which in return fetches a big deal in the market.

2. Identify the Quick wins
If the product is already moving in the market, identify the right product that can accommodate your bandwidth, and fetch better results when compared to the range of other fast-moving products. This phase requires your critical analysis and street smart thinking.

3. Focus on Seasonal Products
Fruits like Mango, grapes, Custard apple, etc are said to be the seasonal fruits that usually have a high demand in the market during the season. In this phase, exporters should be ready with the plan and capture the opportunity for better results.

4. Stay cautious during the Peak season
It is always advised not to start the business during peak season for the product that you are trying to export. The reason being, you need your supply chain to function to reach your product to the final destination. If at least one step in your chain is delayed or stopped, the entire investment is at risk, and also the prices that you get for your products post-peak season is comparatively less. This means there is a lot of risk at this time.

5.Rate fluctuations
There are a few products in the market that have a different market value at a different time of the day. Example: Onion, If the price of onion started at 10.10 ps and ended with 10.70 ps with 3 more prices on that day, it is difficult for a beginner to calculate the rate fluctuations. In this case, the best solution can be given by a consolidator who fixes a standard price irrespective of market value, gives you a deal along with a timeline, and advance payment. If the deal is made the consolidator is liable to the negotiated price.

A place approved by HM Revenue & Customs (HMRC) for the deposit, keeping and securing of goods liable to excise duty, without payment of that duty. This term is often applied to a Customs warehouse -incorrectly, since no bond is usually required for these.

You can start export with very little or no money as well. In most cases, you can get advance from the buyer. Further, there are a lot of liberal schemes from banks to promote export. Further, can accept orders of size matching to your capacity.

1. Amla Juice:
Amla is an Ayurvedic herb mostly added to different preparations to boost vitality and longevity. This fruit has the highest bioactive compounds. This is also the reason that states such as Tamil Nadu, Telangana and West Bengal are exporting Amla juice to Nepal, Australia, Canada and UAE.

2. Dried Moss
These mosses play an important role in being a filler item in our ball bags, decorative dry flower arrangements, in making the base of decorative wreaths. We also use these mosses for making decorative balls, decorative hearts, funeral crosses and arrangements used for paying respect. Moss is also used for watering live plants also. Producers in Kolkata are doing their best to export dried moss to countries like the Netherlands, Germany, Austria and Canada.

3. Oil cakes:
A press cake or oil cake is the solids remaining after pressing something to extract the liquids. Their most common use is in animal feed. Some foods whose processing creates press cakes are olives for olive oil , peanuts for peanut oil, coconut flesh for coconut cream and milk , grapes for wine, etc. India exports oil cakes to Japan, Netherlands and Britain.

Frankincense and myrrh were hot commodities which derived from the tree sap that’s dried in the Sun; these nuggets of sap can then be burned as incense or used as perfume, and were also popular in burial rituals to aid embalming.
These two became a significant commodity for the Romans, Greeks and the Egyptians- it was said that the Roman emperor Nero had a whole years harvest of Frankincense burned at the funeral of his beloved. According to the Roman Historian Pliny the Elder it took 62 days to complete the route with 65 stops. Which generally takes a day's worth of travel would bring the caravans to the next stop.

There are two most famous such routes in the global salt trade history. The most famous was the Roman Via Salaria (Salt Route), which ran from Ostia, near Rome, across Italy to the Adriatic coast. Salt being a precious commodity used as a flavour, preservative and even as an antiseptic made up a portion of a Roman soldier’s pay. Interestingly, it is from this that we get the word ‘salary’ from the latin word ‘sal’ which means salt.

The Old Salt Road was another significant salt route across Europe. It was 62 miles from Lüneburg in northern Germany, one of the most abundant sources of salt in northern Europe, to Lübeck on the coast of northern Germany.

Amber has been traded since 3000 BCE and was considered decorative and as having medicinal properties by the Romans. They developed the Amber Road linking the Baltics with the rest of Europe for Amber trade.

Amber is one of the first gems used in long distance trade. Due to its unique characteristics, this gem was recognized as ‘northern gold’ by the Greek and Roman Empires. Archaeologists in 3400-2400BCE discovered Baltic amber beads from various pharaoh tombs in the Tethys pyramid.

Even today one can find traces of the old Amber Road in Poland, where one of the major routes is still known as the “Amber Highway”.

Sea routes extend from the west coast of Japan through the islands of Indonesia, around India to the lands of the Middle East - and from there, to Europe via the Mediterranean. It is a treacherous journey of 15,000 kilometres ventured by people who were driven by the need for trade. Spices were the key and most lucrative commodities they traded in - giving the routes their name. The Spice Routes were and still are, first and foremost trade routes. There are arguments that states that development of faster boats, discovery of new islands, fostering of new diplomatic relationships between East and West were fueled by the spice trade. Christopher Columbus who set out on his famous voyage in 1492 was also partly motivated by the need for spice trade. On the back of the spice trade, several wars were fought, lands were colonized, and fortunes were made, making this trade route one of the most important factors in terms of globalization.

Silk was exported from China in return for the import of wool, silver and gold coming from Europe. The Silk Road originated in Xi’an, China, and travelled alongside the Great Wall of China before crossing the Pamir Mountains into Afghanistan and on to the Levant. Eventually the silk road also paved the way for the spread of knowledge, technology, religion, and arts. Italian explorer Marco Polo became the first European to visit China following his travel through silk road during the 13th century. Apart from the trade and cross cultural links that the route had, scientists also believe that the merchants who travelled through this route spread the plague bacteria that caused the Black Death.

The Global Trade Helpdesk isn't the only, or even the first, tool designed to help small businesses navigate international trade. Many governments offer free resources to help companies manage the relevant regulatory challenges, including the U.S. and EU.

There are plenty of efficient and well-informed traders, but the crucial difference between the winning traders and losing traders depends on acquiring the essential skills and trade knowledge.

At Global Exim Institute, our commitment is to ensure your mastery of all the indispensable skills necessary for global trading.

Trading blocs lead to trade liberalization (the freeing of the trade from protectionist measures) and trade creation between members since they are treated favorably compared to non-members. There are four types of trading bloc such as preferential trade area, free trade area, customs union, and common market.

Principal Faculty Dr. Koteswara Rao VBSS is an Ex-Official of the Export Promotional Council having more than 30 years in the field of exports. Having expertise in the multifunctional areas as Export Inspector, Quality Assurance Officer, Pre-shipment Inspections, Third Party Inspections, Export Management, Sourcing Agent for buyers. He has also led Indian business delegations to more than 25 countries for participation in international trade fairs and has also organized buyer-seller-meets in the US, Australia, New Zealand, Sweden, Denmark, and Chile.

He is also a visiting faculty at JNTU, Hyderabad, Nagarjuna University, Guntur, some of the business schools on International Marketing, and various other organizations like MSME DI, NIMSME, and Chamber of Commerce.

Register Now.
Call: 8106649400 for assistance

🚫 Know before you import! Discover the prohibited items that you should avoid bringing into India. Stay compliant and trade responsibly.

A special shoutout to all the incredible mothers out there who work tirelessly to make their children's lives better. Happy Mother's Day!

In this age of globalization, many new people are getting into the export business. Doing export business has become easy if you are under proper guidance with being a committed and dedicated person yourself. Possessing the right product enables one to export almost anything to any location worldwide.

Global Exim is here to help you find your way. Contact us for any assistance related to Exports and Imports..

In 1993, Europe imposed heavy tariffs on import of Latin American bananas to restrict the import of it to its African and Carribean colonies.
The U.S filed eight separate cases in the WTO as the U.S companies own most of the banana firms in Latin America. In 2009 EU agreed to reduce the tariffs gradually but, it was only in 2012 that EU and 10 Latin American countries signed an agreement to formally end the 20 years long banana war by closing all the 8 WTO cases.

As its accusations of discrimination against its Citrus goods fell through deaf ears, the Regan administration of the US increased tariffs on Pasta from Europe in 1985. The community retaliated against the pasta duties by imposing high duties on imports of United States lemons and walnuts.
Both sides reached an agreement in August 1986 to resolve the citrus conflict, and the pasta dispute ended in October 1987.