If you have overseas customers, chances are that you are very savvy when it comes to the process of exporting goods from the USA. For other companies who might be considering selling to customers Internationally, duties and taxes can be confusing and unnerving. After talking to many of our customers, the GlobalForwarding.com team identified that not understanding the import process is one of the main reasons companies sometimes hesitate to start selling product to overseas customers. This short article will provide you with an overview of what’s involved!
The World Trade Center in New Orleans reports that Louisiana exports are up 9.3% half way through the hear. The export growth has been spurred largely by agriculture, gas and oil goods - making Louisiana rank number 6 out of all 50 states. "After a slower year in 2013 and a currently sluggish national export growth at 3 percent, Louisiana's midyear numbers are very exciting. Exports from our state are up 9.3 percent over the last year and outpacing the national average," said Dominik Knoll, CEO of the World Trade Center."
The ocean import/export team at GlobalForwarding.com has pointed out one of the most frequently asked questions among customers who are shipping freight overseas.
One of the most popular questions relates to the documentation & paperwork needed to import or export cargo. The answer is that the documentation required varies based on whether the shipment is an import or export, as well as the commodity being shipped.
