CENTRE FOR TRADE COMMERCE AND INVESTMENT.....powered by globe chamber of commerc

CENTRE FOR TRADE COMMERCE AND INVESTMENT.....powered by globe chamber of commerc
General trade policy objectives have focused on reduced protection, achieving a more outward- oriented trade regime, increased market access for exports, and greater global integration, aimed at increasing economic efficiency, competitiveness, and export-led growth...... The Centre aims to strengthen Africa’s position within the multilateral trading system by encouraging active participation of African countries, promoting trade and investment opportunities, and advancing the goal of sustainable development in Africa. By advocating on behalf of businesses, governments and civil society, and representing their interests in international trade and development forums

Wednesday, September 16, 2020

How To Start An Import/Export Business

International trade is one of the hot industries of the new millennium. But it's not new. Think Marco Polo. Think the great caravans of the biblical age with their cargoes of silks and spices.../.. Think even further back to prehistoric man trading shells and salt with distant tribes. Trade exists because one group or country has a supply of some commodity or merchandise that is in demand by another.


 And as the world becomes more and more technologically advanced, as we shift in subtle and not so subtle ways toward one-world modes of thought, international trade becomes more and more rewarding, both in terms of profit and personal satisfaction.


What's Inside

Introduction

Target Market

Startup Costs

Income and Billing

Operations

Marketing

Resources


Importing is not just for those lone footloose adventurer types who survive by their wits and the skin of their teeth. It's big business these days--to the tune of an annual $1.2 trillion in goods, according to the U.S. 


Department of Commerce. Exporting is just as big. In one year alone, American companies exported $772 billion in merchandise to more than 150 foreign countries. 


Everything from beverages to commodes--and a staggering list of other products you might never imagine as global merchandise--are fair game for the savvy trader. And these products are bought, sold, represented and distributed somewhere in the world on a daily basis.


But the import/export field is not the sole purview of the conglomerate corporate trader, according to the U.S. Department of Commerce, the big guys make up only about 4 percent of all exporters. Which means that the other 96 percent of exporters--the lion's share are small outfits like yours wil be--when you're new, at least.


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Centre For Trade Commerce And Investment

 General trade policy objectives have focused on reduced protection, achieving a more outward- oriented trade regime, increased market acces...