Posted on 16th Mar 2023
Russia and Ukraine invasion is quite beneficial for the country of India in terms of export and import of wheat. Both the countries produced wheat in surplus. Their non ending fights have left the other countries with no option but to import wheat from
Posted on 16th Mar 2023
If we attend a Marriage function, we love to meet all our relatives family, similarly Trade fairs invite businessmen. One attends Trade Fairs to meet the Contemporaries, business community, business rivals, and competitors.
Posted on 16th Mar 2023
Afghanistan has been a key strategic ally for India in South Asia and the government has made major investments in the war-torn country over the past two decades.
Imports from Afghanistan and Exports from India are stopped. Besides, the heavy investment that India has done in Afghanista
Posted on 16th Mar 2023
Letter of credit is been known to be one of the safest payment options for importers in international trade transactions. The reasons why L/C is a very important tool for export-import transactions is primarily due to the factors that are been involved in international dealings such as distance,<
Posted on 16th Mar 2023
Cash- in- Advance method of payment creates a lot of risk factors for the importers. Insisting on cash- in- advance might result in exporters losing customers to that of the competitors who are willing to offer more favorable export import payment
Posted on 16th Mar 2023
Being a beginner into the Export and Import business and doing business without help can be confusing, but luckily, there is a system, which can help to simplify matters and that system is known as Incoterms.
Posted on 16th Mar 2023
Rarely do shippers understand the vocabularies or complications of shipping perishables to ensure harmless and seamless transit of their goods. Without sufficient industry expertise, crucial shipment details may be neglected resulting in damage to the product or loss of the contract. Below are so
Posted on 16th Mar 2023
As a professional working in the Foreign Trade Industry, I have witnessed a lot of fresh exporters bogged down with a lot of doubts, worries, and concerns about sending out samples to another Country before the buyer finalizes it. As soon as they find a product and a few prospective buyers&
Posted on 16th Mar 2023
Shipper’s Letter of Instruction is an optional document that conveys specific instructions from exporters to their agents (usually freight forwarders) for the ocean and air shipments. It is a letter/ note, which tells your agent/ forwarder how and where they need to deliver your products. Y
Posted on 16th Mar 2023
France is crowned the FIFA 2018 Champions! In a long duration FIFA was from France, only the second victory after 1998. Luzhniki Stadium in Russia witnessed this major yet unpredictable achievement leaving behind the best contender of its maiden trophy! Hugo Lloris is worthy of a salute and accla
Posted on 16th Mar 2023
Globalization has made the world one single market, leading to increased transportation of goods and services. However, transportation is increasing day by day. Do you know that various procedures are associated with this transportation process?
Posted on 16th Mar 2023
The Export-Import Industry in India is a vast and diverse field that offers individuals a wide range of career opportunities. From logistics and supply chain management to sales and marketing, there is a role for everyone in this industry. In this guide, we will explore some of the M
Posted on 16th Mar 2023
India is a vast country and has as many as nine coastal states that have the major ports contributing significantly to the export import business. These ports experience a high cargo and container traffic throughout the year. For anybody who is eager to get into the export-i
Posted on 16th Mar 2023
One has the product, website, buyer and all that needs to do business ready. But many a times, one gets stuck with how and who can be the CHA for my business.
Posted on 16th Mar 2023
Cumin is the dried, white fruit with greyish brown colour of a small slender annual herb. The surface of the fruit has 5 primary ridges, alternatively has 4 less distinct secondary ridges bearing numerous short hairs. The plant is 15 to 50 cm high. The aromatic seed like fruit is elongated, ovoid
Posted on 16th Mar 2023
Coriander is an important spice crop having a prime position in flavouring food. The plant is a thin stemmed, small, bushy herb, 25 to 50 cm in height with many branches and umbels. Leaves are alternate, compound. The whole plant has a pleasant aroma. Inflorescence is a compound umbel comprises 5
Posted on 16th Mar 2023
The clove of commerce is the air-dried unopened flower bud obtained from evergreen medium sized tree. The tree grows to a height of 10-12 mtrs and start flowering in about 7 years. It continues to produce flower buds for 80 or more years. It is a valuable spice of the orient. Clove clusters are p
Posted on 16th Mar 2023
Chilli is the dried ripe fruit of the genus Capsicum. Capsicum annuum is an annual sub –shrub, the flowers of which are borne singly and fruits usually pendent, which provide red peppers, cayenne, paprika and chillies and sweet pepper (bell pepper) a mild form with large inflated fruits.
Posted on 16th Mar 2023
Cinnamomum Cassia (Chinese Cinnamon) is the dried bark of cassia which is a small, bushy, ever green tree, 18-20 mtr high and 40-60 cm diameter with a straight and cylindrical trunk and grey brown bark, 13-15mm thick when mature.
Posted on 16th Mar 2023
Cardamom of commerce is the dried ripe fruit (capsules of cardamom plant) often referred as the “Queen of Spices” because of its very pleasant aroma and taste. Cardamom is a perennial, herbaceous, rhizomatous plant. Based on the nature of panicles, three varieties are recognized viz.<
Posted on 16th Mar 2023
An erect, glabrous or minutely pubescent, branched annual. The stems are striate; the leaves are rather distant, 2-3-pinnately divided, the segments linear. The flowers occur in terminal or seemingly-lateral pedunculate, compound umbels, white and small; the fruits are ovoid, muricate, aromatic c
Posted on 16th Mar 2023
Bay Leaf or Laurel Leaf are dried leaves or an evergreen shrub or more rarely a tree attaining a height of 15 to 20 mtrs. The upper surface of the leaf is glabrous and shiny, olive green, and lower surface is dull olive to brown with a prominent rib and veins. The aroma of the crushed leaves is d
Posted on 16th Mar 2023
Basil also known as French Basil or Sweet Basil or Tulsi is an erect glabrous herb, 30-90 cm high is indigenous to India. The leaves of basil have numerous oil glands with aromatic volatile oil. The herb bears cluster of small white lipped flowers in racemes. The freshly picked bright green leave
Posted on 16th Mar 2023
Asafoetida is the dried latex (gum oleoresin) exuded from the living underground rhizome or tap root of several species of Ferula (three of which grow in India), which is a perennial herb (1 to 1.5 mtr. High).
Posted on 16th Mar 2023
Aniseed is an annual plant with an average height of 30 to 50 cm. The plant is completely covered with fine hairs. Aniseed is ground-grey to greyish brown in colour,3 to 5mm in length, oval in shape with short stalk attached. Five longitudinal ridges are visible on each pericarp. Vittae (oil duct
Posted on 16th Mar 2023
Allspice trees are evergreen medium sized, grow up to a height of 8 to 10 meters and with a slender upright trunk and smooth greyish bark. The mail trees produce only few fruits. The male and female trees are similar in appearance and cannot be identified till flowering commences.
Posted on 15th Mar 2023
Business in the United Arab Emirates (UAE) has been growing to make many ex-pats into Business entrepreneurs. The investor-friendly regime has ensured that Dubai, Abu Dubai, and other emirates in the country are fertile for the growth and development of businesses. Consequently, the UAE witnesses
Posted on 15th Mar 2023
The United Arab Emirates (UAE) has constantly been leveraging its limit to broaden the business scope. The Emirati Government's visionary leadership has aided in transforming the concept of business incorporation. Various segments and dedicated regions have been developed across the UAE to fo
Posted on 15th Mar 2023
The United Arab Emirates (UAE) offers a Golden Visa program for investors, entrepreneurs, and talented individuals looking to live and work in the country. This program grants long-term residency to individuals who make significant investments in the UAE, allowing them
Posted on 15th Mar 2023
Trading is one of the most critical industries in the United Arab Emirates (UAE). According to new data, the UAE is the world's 25th largest exporter in the world. before that, we must see the trend. In 2014, Dubai was ranked first for airport connections to business districts and fifth for t
Posted on 15th Mar 2023
Are you tired of the daily grind of the 9-5 job routine? Do you wish to become your own boss and run your own business? If yes, Singapore can provide you with ample investment opportunities to start your own business. Singapore holds the second spot among 190 countries in the World Bank’s E
Posted on 15th Mar 2023
Singapore is a small island nation in Southeast Asia, a haven for financiers, and the largest offshore zone in the world. The country, which does not have any minerals, was able to become one of the leaders of the world economy only due to the accumulation of funds in its banks from Asia, Europe,
Posted on 15th Mar 2023
Suppose you are a business owner and intend to enter into an important transaction with another company registered in Singapore. In that case, it may be necessary to verify the legitimacy of your counterparty or the Singapore company nam
Posted on 15th Mar 2023
How to set up an import-export business in Singapore? Singapore is a world-class player in world trade. Its strategic location in Southeast Asia and extensive air and sea links to facilitate interregional and global trade has made it a major trading hub in the global supply chain. It is currently
Posted on 15th Mar 2023
Many of Malaysia's university graduates are trained overseas in fields such as engineering and accountancy, allowing them to adapt easily to an international corporate environment. English is widely used in Malaysia, especially in Business thus facilitating the investors' communication wi
Posted on 15th Mar 2023
Exports generate hundreds of billions of dollars for the Australian economy, and a range of agencies and initiatives help facilitate this trade. These include Export Market Development Grants (EMDG), which provide financial assistance to exporters; the Australian Trusted Trader&
Posted on 15th Mar 2023
India and Australia's trading relationships are one of the most stable and friendly over the decades, and at present, the relationship is at its peak than ever before. Indian exports to Australia have been growing and supported by many high-level meetings and interactions on business and trad
Posted on 15th Mar 2023
Posted on 15th Mar 2023
தமிழ்நாடு வாழைப்பழ உற்பத்தியில் (மகாராஷ்ரா முதலிடம்) இரண்டாம் இடத்தை வகிக்கின்றது. தற்போது சர்வதேச சந்தையில் ரொபஸ்டா வகை வாழைப்பழங்கள் அதிகம் விரும்பப்படுகின்றன. இவ்வகை வாழை தமிழ்நாட்டில் சாகுபடிக்கு உகந்ததாக உள்ளது. பிற வகை வாழைகளான கேவண்டிஸ், செவ்வாழை, நேந்திரன் ஆகியவற்றிற்கும் அதிக சந்தை வாய்ப
Posted on 15th Mar 2023
இந்தியாவில் காய்கறிகள், பழங்கள், முந்திரி, தேயிலை, வாசனை பொருட்கள் ஆகியவற்றின் உற்பத்தி அதிகம் இருந்தாலும், உலக வேளாண் வர்த்தகத்தில் இந்தியாவின் பங்கு ஒரு சதவீத அளவிலேயே இருந்து வருகிறது.
Posted on 15th Mar 2023
இந்த அறிக்கை சந்தைகள் மற்றும் சந்தை பங்கேற்பாளர்களின் செயல்பாட்டை மேம்படுத்த பல்வேறு வளர்ச்சி மற்றும் ஒழுங்குமுறை கொள்கை நடவடிக்கைகளை வகுக்கிறது; ஏற்றுமதி மற்றும் இறக்குமதியை ஆதரிப்பதற்கான நடவடிக்கைகள்; கடன் சேவைக்கு நிவாரணம் வழங்குவதன் மூலமும், மூலதனத்திற்கான அணுகலை மேம்படுத்துவதன் மூலமும் கோவிட
Posted on 15th Mar 2023
எக்சிம் வங்கி ஜனவரி மாதம் 1982 ஆம் ஆண்டு தொடங்கப்பட்டது. இவ்வங்கி நாட்டின் ஏற்றுமதியை ஊக்குவித்து, அதிகமான இறக்குமதிக்கு பணம் வழங்க ஐ.டி.பி.ஐ வங்கியின் சர்வதேச நிதித் துறையின் வேலைகளை எடுத்துக் கொண்டுள்ளது.
இது இதர நிறுவனங்களுக்கு தலைமை முகவராகவும் பொருட்கள் மற்றும் சேவைகள் ஏற்றுமதி இறக
Posted on 15th Mar 2023
பொருளை இறக்குமதி மற்றும் ஏற்றுமதி செய்யும் போது பல இடர்ளை சந்திக்க வேண்டும். அவற்றில் சில
Posted on 15th Mar 2023
Posted on 15th Mar 2023
தொழில்கள் மற்றும் தொழில் முனைவோர்களை உருவாக்க மற்றும் வளர்க்க அரசு பல உதவிகளை செய்கிறது. தொழில்கள் முன்னேற்றுவதற்கான உதவிகளை வழங்குவதற்காக அரசு பல அமைப்புகளை உருவாக்கியுள்ளது. இதில் மாவட்ட வாரியாக தொழில்களையும், தொழில் முனைவோர்களையும் மேம்படுத்த மாவட்டத் தொழில் மையம் என்ற அமைப்பை அரசு ஏற்படுத்திய
Posted on 15th Mar 2023
எக்சிம் வங்கி ஜனவரி மாதம் 1982 ஆம் ஆண்டு தொடங்கப்பட்டது. இவ்வங்கி நாட்டின் ஏற்றுமதியை ஊக்குவித்து, அதிகமான இறக்குமதிக்கு பணம் வழங்க உருவாக்கப்பட்டது. ஐ.டி.பி.ஐ வங்கியின் சர்வதேச நிதித் துறையின் வேலைகளை எடுத்துக் கொண்டுள்ளது. இது இதர நிறுவனங்களுக்கு தலைமை முகவராகவும் பொருட்கள் மற்றும் சேவைகள் ஏற்ற
Posted on 15th Mar 2023
இந்தியாவில் இருந்து ஏற்றுமதி செய்யப்படுவதன் மூலம் பெறும் வருவாய் ஒவ்வொரு ஆண்டும் இரண்டு இலக்க எண்ணில் வளர்ச்சியைப் பெறுகின்றன. இதனை உறுதி செய்யும் படி 2016 ஆம் ஆண்டு மார்ச் மாதம் வரை செய்யப்பட்ட 22,911.4 மில்லியன் டாலர் மதிப்பிலான ஏற்றுமதியின் அளவும் 2017 மார்ச் மாதம் வரை 29,232.05 மில்லியன் டாலர
Posted on 15th Mar 2023
சென்னை: தொழில் மற்றும் ஏற்றுமதியாளர்கள் மாநாட்டில் முதல்வர் மு.க.ஸ்டாலின் முன்னிலையில் ரூ.2,120.54 கோடி மதிப்பிலான 24 திட்டங்களுக்கான புரிந்துணர்வு ஒப்பந்தம் கையெழுத்தானது. இதன் மூலமாக 41 ஆயிரத்து 695 பேருக்கு வேலைவாய்ப்பு கிடைக்கும். சென்னை, கலைவாணர் அரங்கத்தில் ”ஏற்றுமதி
Posted on 15th Mar 2023
உலகின் அதிக மக்கள் தொகை கொண்ட நாடுகளில் ஒன்றாகத் திகழும் இந்தியாவில் உள்நாட்டு உற்பத்தியும் ஏற்றுமதி வர்த்தகமும் ஒவ்வொரு ஆண்டும் தொடர்ந்து அதிகரித்து வருகிறது. சீனா, ரஷ்யா, அமெரிக்கா உள்ளிட்ட உலகின் மாபெரும் நாடுகளுடன் இந்தியா நல்ல வர்த்தக உறவில் உள்ளது. இங்கிருந்து பல மில்லியன் டாலர் மதிப்பிலான<
Posted on 15th Mar 2023
இந்தியாவில் 1938-39ல் கடல் உற்பத்திப் பொருட்களின் ஏற்றுமதி தொடங்கியது. உலர்ந்த, உப்பிட்ட, கடல் விலங்கு மற்றும் தாவரங்களின் உற்பத்தி பொருட்கள் ஆகியவை ஏற்றுமதி பொருட்களாகும்.ஹாங்காங், சிங்கப்பூர், பர்மா, மற்றும் இலங்கைக்கு அதிகமாக உலர்ந்த (அல்லது) காய்ந்த மீன்களை ஏற்றுமதி செய்கின்றனர். இந்த வருடத்த
Posted on 15th Mar 2023
உலகம் முழுவதும் இந்தியர்கள் வசிக்கிறார்கள். அதிலும் குறிப்பாக தமிழர்கள் அதிக அளவில் வசித்து வருகின்றனர். இந்தியாவில் தீபாவளி உள்பட எந்த ஒரு பண்டிகை கொண்டாடப்பட்டாலும், வெளிநாடுகளில் இருக்கும் இந்தியர்களும் அதனை கொண்டாடுவார்கள்.
Posted on 15th Mar 2023
உலகம் ஒரு உலகளாவிய கிராமமாக உருவெடுத்துள்ளது மற்றும் உங்கள் தயாரிப்புகளை உங்கள் வாடிக்கையாளர்களுக்கு அனுப்ப ஒரு தொலைதூர கனவில் இல்லை. இருப்பினும், தடையற்ற பரிவர்த்தனையை அனுபவிக்க சில படிகளைப் பின்பற்றுவது முக்கியம். எனவே, இது உங்கள் வணிகத்திற்கு ஒரு நல்ல மைல்கல்லாக இருக்கும்போது, எதிர்பாராத விக
Posted on 15th Mar 2023
திருச்சி: சிங்கப்பூா், மலேசியா நாடுகளில் கிடைத்துள்ள வரவேற்பை அடுத்து, திருச்சியிலிருந்து, பிரத்யேகமாக சரக்கு விமானங்கள் மூலம் கடந்த 9 நாள்களில் சுமாா் 100 டன் காய் கனிகள் மற்றும் மலா்கள் ஏற்றுமதி செய்யப்பட்டுள்ளன.
Posted on 15th Mar 2023
சிங்கப்பூருக்கான இந்திய ஏற்றுமதி 2021ல் 31 விழுக்காடு அதிகரித்தது. குறிப்பாக பெட்ரோலிய தயாரிப்புப் பொருள்கள், நகைகள், நவரத்தினக் கற்கள் ஆகியவை சிங்கப்பூருக்கு அதிகம் ஏற்&sh
Posted on 15th Mar 2023
புதுடெல்லி: நறுமணம், தனித்துவமிக்க சுவை உள்ளிட்ட சிறப்பம்சங்களுக்காக இந்தியா கேட் பிராண்ட் பாசுமதி அரிசிக்கு உலகின் நம்பர் 1 அந்தஸ்து வழங்கப்பட்டுள்ளது.
Posted on 15th Mar 2023
புதுடெல்லி: நறுமணம், தனித்துவமிக்க சுவை உள்ளிட்ட சிறப்பம்சங்களுக்காக இந்தியா கேட் பிராண்ட் பாசுமதி அரிசிக்கு உலகின் நம்பர் 1 அந்தஸ்து வழங்கப்பட்டுள்ளது.
Posted on 15th Mar 2023
Posted on 15th Mar 2023
எஸ்.எம்.இ.கள் தயாரிக்கும் பொருட்களை உள்ளூரில்தான் விற்றாக வேண்டும் என்று எந்தக் கட்டாயமும் இல்லை. எந்தப் பொருளாக இருந்தாலும் அதை தரமாக தயார் செய்தால், வெளிநாடுகளுக்கு ஏற்றுமதி செய்து, பெரிய அளவில் லாபம் பார்க்கலாம். உள்ளூரில் தங்கள் தயாரிப்பை கனஜோராக விற்பனை செய்கிற எஸ்.எம்.இ.கள், இனி அடுத்து வெள
Posted on 15th Mar 2023
லரும் ஏற்றுமதித் தொழில் தொடங்க திட்டமிட்டு அதற்காக தயார் செய்து வருகின்றனர். ஏற்றுமதியை ஊக்குவிக்க அரசும் பல்வேறு முயற்சிகளை மேற்கொண்டு வருகிறது. இந்நிலையில், ஏற்றுமதி தொழில் தொடங்குவோர் முதற்கட்டமாக ரெடி பண்ண வேண்டிய சில விஷயங்களை பற்றி பார்க்கலாம்.
Posted on 15th Mar 2023
நாடுகளுக்கு இடையே தாராள வர்த்தக காலத்தில் ஏற்றுமதி, இறக்குமதி வர்த்தகமும் நாட்டின் பொருளாதார வளர்ச்சியில் முக்கிய பங்கு வகிக்கிறது. நாட்டிற்கு அந்நிய செலாவணி ஈட்டித் தருவதில் முக்கிய பங்கு ஏற்றுமதி இறக்குமதி வர்த்தகத்துக்கும் உண்டு. அந்த வகையில் அரசாங்கத்தால் ஏற்றுமதி இறக்குமதி வர்த்தகம் ஊக்குவிக
Posted on 14th Mar 2023
A pro forma invoice is a quote in an invoice format that may be required by the buyer to apply for an import license, contract for pre-shipment inspection, open a letter of credit or arrange for transfer of hard currency.
A pro forma may not
Posted on 14th Mar 2023
ICC issues non-preferential certificates of origin to both member and non-member companies. This is a document, used to certify that the export products are wholly obtained, produced or manufactured in India. It is generally an integral part of export documents.
Posted on 14th Mar 2023
A Certificate of Origin (CO) is an important international trade document that certifies that goods in a particular export shipment are wholly obtained, produced, manufactured or processed in a particular country. They declare the ‘nationality’ of the product and also serve as
Posted on 14th Mar 2023
To succeed in international trade and win sales against foreign competitors, exporters must offer their customers attractive sales terms supported by the appropriate payment methods.
Since getting paid in full and on time is the ultimate goal for each export sale, you need to choos
Posted on 14th Mar 2023
One of the most important considerations when it comes to international trade is how you are going to get paid for your exports. While relying on cash up front may eliminate the risk of non-payment, it limits your universe of potential customers as it can cause cash flow and other problems for bu
Posted on 14th Mar 2023
A Letter of Credit is a contractual commitment by the foreign buyer’s bank to pay once the exporter ships the goods and presents the required documentation to the exporter’s bank as proof.
As a trade finance tool, Letters of Credit are designed to protect both exporters and<
Posted on 14th Mar 2023
In order to accelerate India’s economic growth fuelled by its exports, which are targeted by the government to hit the $750-billion mark this fiscal, the trade potential of the MSME sector must be maximised. To unleash this MSME-led export growth, understanding and mitigating risks involved
Posted on 14th Mar 2023
By Siraj Qureshi: The potato, known as the king of vegetables, is in high demand in countries outside India. While potatoes are common in India and are easily available, the vegetable is purchased at exorbitant prices abroad.
Posted on 14th Mar 2023
UAE - Philippine authorities are filing smuggling charges against 10 Filipino cabin crew members who tried to bring home onions and fruits from the UAE and Saudi Arabia, local media reported on Saturday.
Posted on 14th Mar 2023
Exports of cashew kernels from India are normally subject to voluntary quality control and pre-shipment inspection. Inspection of cashews is being conducted under the consignment-wise inspection. It is ensured that the product is processed and packed as per the standards prescribed, by drawing sa
Posted on 14th Mar 2023
The Cashew Export Promotion Council of India (CEPC) was established by the Government of India in the year 1955, with the active cooperation of the cashew industry with the object of promoting exports of cashew kernels and cashewnut shell liquid from India. By its very set up, the Council provide
Posted on 14th Mar 2023
There are five statutory Commodity Boards under the Department of Commerce. These Boards are responsible for production, development and export of tea, coffee, rubber, spices and tobacco.
Posted on 14th Mar 2023
Presently, there are fourteen Export Promotion Councils under the administrative control of the Department of Commerce. Names and addresses of these Councils are given in Annexure 1.2. These Councils are registered as non-profit organizations under the Companies Act/ Societies Registration Act. T
Posted on 13th Mar 2023
The United Arab Emirates (UAE) is a nation in the Middle East that is located near the Strait of Hormuz. It shares land borders with Oman and Saudi Arabia, and is well connected to other Gulf nations such as Qatar and Bahrain. It faces the Persian Gulf to the West, which is a major maritime trade
Posted on 13th Mar 2023
Posted on 13th Mar 2023
India is the largest producer and consumer of chillies, proving that we Indians do love our red chillies. If you are a home cook who likes to experiment with flavours from across India, then stocking up on these dry red chilli varieties is something you absolutely need to do.
Posted on 13th Mar 2023
The burgeoning demand for the popular Teja variety of red chilli, famous for its culinary, medicinal and other wide-ranging uses, in the export market is proving to be a boon for the Khammam Agriculture Market, housing Telangana’s second largest chilli market yard, in the district headquart
Posted on 13th Mar 2023
The Trade Ministry encourages Indonesian retail businesses to introduce and sell their superior products to the Malaysian market by benefiting from the JD commerce network in the neighboring country.
The ministry’s director of export service development, Miftah Farid, said the com
Posted on 13th Mar 2023
The State Council has announced new adjustments to the China import-export tariffs for 2023 to address domestic supply and demand and assist with a pro-growth agenda in the coming year. These adjustments include tariff waivers for key medical goods, tariff increases on certain commodi
Posted on 13th Mar 2023
The Government has with effect from 19 November 2022 rolled back export duty on iron ore pellets and steel products, including pig iron, flat-rolled products of carbon steel and stainless steel, bars, rods and non-alloy steel, vide Notification No. 58/2022-Customs, dated 18 Nov
Posted on 13th Mar 2023
Minister of Trade and Industry Ahmed Samir announced that 684 companies received EGP 5.4bn in the framework of the lump-sum payment initiative of export subsidy dues. The net subsidies reached EGP 4.3bn after deducting taxes and debts.
The minister added that the number of companie
Posted on 13th Mar 2023
Strong economic growth in the first quarter of FY 2022-23 helped India overcome the UK to become the fifth-largest economy after it recovered from repeated waves of COVID-19 pandemic shock. Real GDP in the first quarter of 2022–23 is currently about 4% higher than its corresponding 2019-20,
Posted on 13th Mar 2023
The agriculture sector is the largest source of livelihood in India. The country is one of the largest producers of agriculture and food products in the world. In 2021-22, India’s agriculture sector growth rate was estimated to be at 3.9% as compared to the 3.6% in the previous year. The co
Posted on 12th Mar 2023
Bangladesh has reported 49.7 per cent YoY growth in cement export revenue to US$8.13m in the 8MFY22-23 (July 2022-February 2023). This compares to US$5.43m in the same period a year earlier. According to the Bangladesh Export Promotion Bureau (EPB), this figure also includes mino
Posted on 12th Mar 2023
Posted on 12th Mar 2023
According to EastFruit analysts, onions remain the most sought-after position in the global vegetable trade, and onion prices in many countries have broken records and continue to grow. The question “where to buy onions” remains very popular in the search, leading to unconve
Posted on 12th Mar 2023
Israel’s Foreign Minister Eli Cohen is likely to visit India in March, according to persons aware of the matter. This is among Cohen’s first foreign visits after taking office as Israel’s top diplomat in late December last year. Cohen’s visit, the people cited
Posted on 12th Mar 2023
In an effort to boost onion exports, the government has decided to send delegations to various countries including Malaysia, Indonesia, the Philippines, Germany, the UK, Qatar, Kuwait, Iraq, Seychelles and Mauritius.
The Agricultural and Processed Food Products Export D
Posted on 12th Mar 2023
There has been a huge increase in the demand of Maize in the international market . Due to this, Maize Export from India has also increased. According to the Ministry of Agriculture, the export of maize has increased by 1.5 percent in 2022-23. The Ministry of Agriculture has informed
Posted on 12th Mar 2023
Qatar lifted its temporary ban on the import of frozen seafood from India, paving the way for enhanced export and improved bilateral relations with the West Asian country.
Posted on 12th Mar 2023
GUWAHATI: The Assam government has banned the import of poultry and pig from other parts of the country amid rising cases of bird flu and African Swine Fever (ASF) outside of the northeast.
The ban came into force on Saturday.
Posted on 11th Mar 2023
China's Xinyi Glass Holdings Limited has recently proposed investing $200 million to set up a glass factory, for which the company has reached out to the Bangladesh Investment Development Authority (Bida), seeking land for establishing the factory through Foreign Direct Investment (FDI).
Posted on 11th Mar 2023
Pricing and costing are two different things and an exporter should not confuse between the two. Price is what an exporter offer to a customer on particular products while cost is what an exporter pay for manufacturing the same product.
Export pricing is the most important factor in for
Posted on 11th Mar 2023
The foreign customer may ask for product samples before placing a confirmed order. So, it is essential that the samples are made from good quality raw materials and after getting an order, the subsequent goods are made with the same quality product.
Extra care should be taken in or
Posted on 11th Mar 2023
Posted on 11th Mar 2023
An export license is a document issued by the appropriate licensing agency after which an exporter is allowed to transport his product in a foreign market. The license is only issued after a careful review of the facts surrounding the given export transaction. Export lice
Posted on 11th Mar 2023
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From the start, the plan should be viewed and written as a management tool, not as a static document. Objectives in the plan should be compared with actual results to measure the success of different strategies. The company should not hesitate to modify the plan and make it more specific as new i
Posted on 11th Mar 2023
Introduction
How to Start Export is a fair question that every first time exporter wants to ask. Export in itself is a very wide concept and lot of preparations is required by an exporter before starting an export business.
A key success factor in starting any export company i
Posted on 10th Nov 2022
How many Countries are there in the World? A highly debatable question when Virgin Mobile & Reliance advertise that they have their network in all 240 or 260 countries of the world where ever you may go. Is it really a fact?
Posted on 10th Nov 2022
When your business is based on some sought of export- import, the most important strategy is to understand business commerce. If you are aiming to succeed in import- export business, you need to have a right plan.
Posted on 10th Nov 2022
According to a recent economic survey for top exported products of India, Petroleum products contribute almost 14 per cent of the overall exports of the country i. e. around the US $ 46.54 billion. The top exports of the country account for almost 3-5th, i.e. 60.2 % of global shipment value.
Posted on 10th Nov 2022
After days/ months of research, you have finally found the business you want to do overseas and now are looking for naming the firm/ company and start up the business. It has been proved that the name of the company is the first thing that the customer would remember.
Posted on 10th Nov 2022
Since many years, India has been amongst the top importer of Pulses, though it grows in bulk but does not suffice the requirement as compared to its needs. India receives almost 50 per cent of the annual pulses from Canada and Myanmar. According to a custom data of last year, Rs. 102 billion was spe
Posted on 10th Nov 2022
In this article, a short but precise description would be given about how you can export to Canada and what steps would be needed for the same. After World War II, the overall growth of the country has transformed the rural economy to a great extend. Canada enjoys open trade market as compared to
Posted on 10th Nov 2022
Rice is the main food for the majority of Asians, and its value as a food product cannot be overstated. According to recent trends, the Indian rice industry is a major worldwide rice producer. Rising demand for specialty rice varieties drives up trade despite COVID-19 uncertainty and higher containe
Posted on 10th Nov 2022
Import export business is not just a business but it is an opportunity for entrepreneurs and opportunists who are actually willing to enter the international trade industry. Slowly but gradually, the Indian import export business is increasing, resulting in higher GDP for the country.
Posted on 10th Nov 2022
Did you know that 14% of India?s exports are accounted for by the trade between India and European nations? According to a European Commission report, European nations are the second-largest receivers of exports from India, second only to the United States. Since the last decade, trade between India
Posted on 10th Nov 2022
To start and run a successful business is a strategic process. that if not done properly can turn into a loss. It is very important to understand the import export procedure, various stages, regulatory framework, documents, and stakeholders involved in the start-up of import and export business.
Posted on 10th Nov 2022
Becoming an import-export agent that is considered the easiest way to start with. A commission fee is something that worries a person to some extent. Protect commission fee in import export business is the most important thing. An agent just has to find genuine sellers and buyers, bring them togethe
Posted on 10th Nov 2022
Being an exporter country becomes a big opportunity along with lots of competition as India is located near a few of the strong trading countries such as China, Bangladesh, and Japan. One needs to strategically and legally follow all the rules related to exports so that it becomes a viable and easy
Posted on 10th Nov 2022
Import export business is not just a business but it is an opportunity for entrepreneurs and opportunists who are actually willing to enter the international trade industry. Slowly but gradually, the Indian import export business is increasing, resulting in higher GDP for the country.
Posted on 10th Nov 2022
Did you know that 14% of India?s exports are accounted for by the trade between India and European nations? According to a European Commission report, European nations are the second-largest receivers of exports from India, second only to the United States. Since the last decade, trade between India
Posted on 10th Nov 2022
Research is crucial to any success in import-export business, and it is important not to neglect this phase. In reality, an export exercise gets concluded successfully only after the exporter has been able to deliver the consignment in accordance with the export contract and receive payment for the
Posted on 10th Nov 2022
The most challenging and difficult thing for an exporter is to find buyers for export business. It is never easy to sell in another country. In order to be successful, one needs to adapt to the language, cultural norms as well as travel barriers. As compared to the past, it has become easy for today
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