everything you need to know about successfully shipping your products internationally
DESCRIPTION
TRANSCRIPT
![Page 1: Everything you need to know about successfully shipping your products internationally](https://reader033.vdocuments.us/reader033/viewer/2022051610/549d46abac7959ec2a8b4904/html5/thumbnails/1.jpg)
Page 1
Everything you need to know abouthow to successfully ship yourproducts internationally
Go Global workshopOctober 2012
![Page 2: Everything you need to know about successfully shipping your products internationally](https://reader033.vdocuments.us/reader033/viewer/2022051610/549d46abac7959ec2a8b4904/html5/thumbnails/2.jpg)
Page 2
![Page 3: Everything you need to know about successfully shipping your products internationally](https://reader033.vdocuments.us/reader033/viewer/2022051610/549d46abac7959ec2a8b4904/html5/thumbnails/3.jpg)
Page 3
What we will cover
1. Select your Carrier2. Terms of Trade3. Think Customs 4. Descriptions5. Duties & Taxes
![Page 4: Everything you need to know about successfully shipping your products internationally](https://reader033.vdocuments.us/reader033/viewer/2022051610/549d46abac7959ec2a8b4904/html5/thumbnails/4.jpg)
Page 4
1. Select the right carrier
Think about
Brand image
Ease of Use
Flexibility
Main Criteria
Cost
Speed
Size
Coverage
Trust/Relationship
![Page 5: Everything you need to know about successfully shipping your products internationally](https://reader033.vdocuments.us/reader033/viewer/2022051610/549d46abac7959ec2a8b4904/html5/thumbnails/5.jpg)
Page 5
2. Terms of trade
EXW
FCA
CPT
DAP
Ex Works
Free Carrier At
Carriage Paid To
DDP
Delivered At Place
Delivered Duty Paid
Buyer bears all costs & risks to destination
Seller hands goods cleared for export to carrier
Seller pays freight to destination, buyer bears risk during carriage. Duties paid by buyer
Seller pays freight & bears risk to named place. Duties & clearance by importer
Seller pays freight, bears risk , customs duties & costs to named place.
Incoterms 2010
Establishes responsibility
Covers sales, transport & risk
Internationally recognised
11 different terms
Agree them upfront
Quote on your customs documents
![Page 6: Everything you need to know about successfully shipping your products internationally](https://reader033.vdocuments.us/reader033/viewer/2022051610/549d46abac7959ec2a8b4904/html5/thumbnails/6.jpg)
Page 6
3. Think customs
Customs
Collecting Duties & TaxesCounter TerrorismEnabling trade agreementsEnabling duty relief schemes
Enforcing embargosProtecting against illegal substances
& counterfeitingCollecting statistics
![Page 7: Everything you need to know about successfully shipping your products internationally](https://reader033.vdocuments.us/reader033/viewer/2022051610/549d46abac7959ec2a8b4904/html5/thumbnails/7.jpg)
Page 7
4. Product descriptions
Gifts
Unacceptable descriptions
Dolls, remote controlled cars, Board Game
SamplesCardboard packaging or Cotton fabric sample
ElectronicsMobile phone, LCD, CD player, circuit boards
Machine Parts
Pump, Rubber Seals, Engines
TextilesMens wool trousers, ladies cotton dress
Descriptions really count
One of the main causes for delays
Causes incorrect duties & taxes
Avoid generic descriptions
Give a full description HS Codes
What is the product What does it do What is it made of How many there are
![Page 8: Everything you need to know about successfully shipping your products internationally](https://reader033.vdocuments.us/reader033/viewer/2022051610/549d46abac7959ec2a8b4904/html5/thumbnails/8.jpg)
Page 8
4.1 Product descriptions - Harmonised System Codes
A “universal” means of classifying goods that are being imported or exported.
First six digits are fixed classification for export. The remaining digits are for import.
They are also known by a variety of terms such as CMCDs, HS codes, Tariff numbers, Taric, or HTS Codes
Find the HS code that fits your product – use GOV.UK, Market Access Database or DHL Trade Automation Services
HS Codes
The code for International TradeEliminates errors
Enables the correct import tariffs to be applied
Used for Export entriesUsed for Import entries
HS codes used in HMRC statistics
Identify other controls
![Page 9: Everything you need to know about successfully shipping your products internationally](https://reader033.vdocuments.us/reader033/viewer/2022051610/549d46abac7959ec2a8b4904/html5/thumbnails/9.jpg)
Page 9
5. Destination Duties & Taxes
• Take advice from your carrier
• Landed Costs = Value + Transport +Duties + Taxes+ Fees
Market Access Database
Destination Duty & Taxes
Landed Costs
Avoid the risks when selling DDP Provides opportunity for inclusive prices
Needs to be considered if Terms of Trade DDP
HS codes are essential
![Page 10: Everything you need to know about successfully shipping your products internationally](https://reader033.vdocuments.us/reader033/viewer/2022051610/549d46abac7959ec2a8b4904/html5/thumbnails/10.jpg)
Page 10
Help for new exporters & importers- printed
![Page 11: Everything you need to know about successfully shipping your products internationally](https://reader033.vdocuments.us/reader033/viewer/2022051610/549d46abac7959ec2a8b4904/html5/thumbnails/11.jpg)
Page 11
Help for new exporters & importers - online
![Page 12: Everything you need to know about successfully shipping your products internationally](https://reader033.vdocuments.us/reader033/viewer/2022051610/549d46abac7959ec2a8b4904/html5/thumbnails/12.jpg)
Page 12
Trade Automation Services
Landed Cost
Restricted Party Screening
Product Compliance
Trade Documentation
Comparative Services
HS codes essential