Export Portal >> exportportal.com
Friday, December 30, 2016
Happy New Year!
Have a successful year full of fruitful deals and prosperous business! Happy New Year!
Export Portal >> exportportal.com
Export Portal >> exportportal.com
Tuesday, December 27, 2016
Difficulties Faced by E-commerce Sites
The last week, The US trade officials announced that they had placed Taobao back to their list of the world’s most notorious markets for selling counterfeit products (Taobao is an online shopping website situated in China and managed by the Alibaba Group). Taobao was put on the trade representative office’s blacklist in 2011 but removed in 2012 after addressing concerns of intellectual property rights holders and committing to cut the amount of pirated and counterfeit goods for sale online.
The move by the U.S. Trade Representative's office, followed complaints from U.S. and international trade groups for apparel and luxury goods that Taobao was not doing enough to control sales of fakes and pirated products.
Michael Evans, Alibaba group president, said that the company was “very disappointed” to be put back on the list, and that Alibaba was far more advanced in protecting intellectual property rights than it was four years ago. The group president added that the decision ignored Alibaba’s work to remove more than twice the number of product listings this year than in 2015.
The trade representative’s office acknowledged that Alibaba had taken steps to combat piracy, including addressing the misuse of brand keywords, blurring trademarks in product images and developing technology to prevent counterfeit sellers from reopening under new names.
Being blacklisted does not carry any penalties, but it is a blow to Alibaba, which has been working to shed perceptions that its websites are riddled with fakes.
Source:
http://in.reuters.com/article/usa-trade-alibaba-idINKBN14A2EV
The move by the U.S. Trade Representative's office, followed complaints from U.S. and international trade groups for apparel and luxury goods that Taobao was not doing enough to control sales of fakes and pirated products.
Michael Evans, Alibaba group president, said that the company was “very disappointed” to be put back on the list, and that Alibaba was far more advanced in protecting intellectual property rights than it was four years ago. The group president added that the decision ignored Alibaba’s work to remove more than twice the number of product listings this year than in 2015.
The trade representative’s office acknowledged that Alibaba had taken steps to combat piracy, including addressing the misuse of brand keywords, blurring trademarks in product images and developing technology to prevent counterfeit sellers from reopening under new names.
Being blacklisted does not carry any penalties, but it is a blow to Alibaba, which has been working to shed perceptions that its websites are riddled with fakes.
Source:
http://in.reuters.com/article/usa-trade-alibaba-idINKBN14A2EV
Friday, December 23, 2016
Merry Christmas!
Wishing you all a very Merry Christmas! May this joyful season greet you with happiness and success! Export Portal >> exportportal.com
Tuesday, December 20, 2016
Tendencies of The World Economy in 2017
The outgoing 2016 was full of important economic and political events, some of them being Brexit and the US elections. The coming year certainly will bring other important events as the result of the elections in France, the Netherlands, and possibly Italy, Trump moving into the White House, and Britain set to trigger Article 50.
Adam Slater, the lead economist at research house Oxford Economics, helps us to take a look into the future. He has compiled a list of 10 themes which describe the major tendencies of the world economy in 2017:
- The renminbi will stay stable
- Wage growth will return
- Stocks will outperform fixed income for a second year
- The euro and the dollar will hit parity by the end of the year
- The eurozone will remain robust
- British growth will be better than consensus
- Emerging markets will remain unpredictable, with differing outcomes across the board
- Global trade growth will remain "sluggish"
- GDP growth globally will improve a little
- Inflation in the USA will shape global discourse
Source:
http://www.businessinsider.com/what-to-expect-from-the-economy-in-2017-2016-12
Adam Slater, the lead economist at research house Oxford Economics, helps us to take a look into the future. He has compiled a list of 10 themes which describe the major tendencies of the world economy in 2017:
- The renminbi will stay stable
- Wage growth will return
- Stocks will outperform fixed income for a second year
- The euro and the dollar will hit parity by the end of the year
- The eurozone will remain robust
- British growth will be better than consensus
- Emerging markets will remain unpredictable, with differing outcomes across the board
- Global trade growth will remain "sluggish"
- GDP growth globally will improve a little
- Inflation in the USA will shape global discourse
Source:
http://www.businessinsider.com/what-to-expect-from-the-economy-in-2017-2016-12
Tuesday, December 13, 2016
The Biggest Tax Haven Countries of 2016
According to the Oxfam Novib's (a worldwide development organisation) list of the world's 15 biggest tax havens, the Netherlands represents the biggest tax haven in the EU and the 3rd biggest in the world. The country is surpassed only by Bermuda and the Cayman Islands, which are ranked on the 1st and 2nd positions respectively.
Other European Union member states included in the top 15 are - Switzerland on 4th place, Ireland in 6th and Luxembourg on 7th position. Curacao is the 8th biggest tax haven in the world. And the British Virgin Islands made it to 15th place.
The countries on this list have no or very low corporate tax rates, give unfair tax incentives to businesses and do not participate in international measures against tax evasion. Oxfam Novib accuses these countries of increasing the inequality between states.
The world's 15 biggest tax havens, according to Oxfam Novib, are:
15. The British Virgin Islands
14. Mauritius
13. Barbados
12. Jersey
11. Bahamas
10. Cyprus
9. Hong Kong
8. Curacao
7. Luxembourg
6. Ireland
5. Singapore
4. Switzerland
3. Netherlands
2. Cayman Islands
1. Bermuda
Source:
http://nltimes.nl/2016/12/12/netherlands-europes-biggest-tax-haven-says-oxfam-novib
Other European Union member states included in the top 15 are - Switzerland on 4th place, Ireland in 6th and Luxembourg on 7th position. Curacao is the 8th biggest tax haven in the world. And the British Virgin Islands made it to 15th place.
The countries on this list have no or very low corporate tax rates, give unfair tax incentives to businesses and do not participate in international measures against tax evasion. Oxfam Novib accuses these countries of increasing the inequality between states.
The world's 15 biggest tax havens, according to Oxfam Novib, are:
15. The British Virgin Islands
14. Mauritius
13. Barbados
12. Jersey
11. Bahamas
10. Cyprus
9. Hong Kong
8. Curacao
7. Luxembourg
6. Ireland
5. Singapore
4. Switzerland
3. Netherlands
2. Cayman Islands
1. Bermuda
Source:
http://nltimes.nl/2016/12/12/netherlands-europes-biggest-tax-haven-says-oxfam-novib
Tuesday, December 6, 2016
India's Rice Exporters Regain Access to Chinese Market
India now has new opportunities of trade, as China lifted the restrictions related to the exports of non-basmati rice. China granted export approvals to 14 Indian non-basmaty rice companies, located in Haryana, Madhya Pradesh, Punjab and Uttar Pradesh. These companies include Kohinoor Foods, Best Foods, Amira Pure Foods, Nature Bio Foods, DRRK Foods, Sunstar Overseas, Ebro India, SSA International, Pari India, United Exports, MR Overseas, Sarveshwar Foods and KRBL. It should be mentioned that China is one of the world's major rice importers.
Bans were lifted as a result of the fact that a team consisting of 19 Indian rice millers visited China in September to address their concerns regarding the issue. Following the visit, China announced that it has accepted 14 out of the 19 rice companies to furnish the Chinese market with non-basmati rice. The quality of rice and the methods used by the Indian millers in making the product safe were inspected by several officials from China’s Administration of Quality Supervision, Inspection and Quarantine.
The rice exporting companies which plan to ship goods to China have to be registered with India’s National Plant Protection Organisation (NPPO), as China had restricted imports of non-basmati rice of Indian origin because of the presence of khapra beetle in India’s crop.
Despite the fact that India's rice exports declined in the past few years, the country continues to be a major exporter of basmati rice to China. The International Grains Council (IGC) estimated China to import about 4.1 million tonnes of rice in 2016-17. India’s rice exports fell to $5.79 billion in 2015/16 compared with $7.84 billion in 2014/15, but rice exports still accounted for 18% of country’s total agricultural exports last year.
Source:
https://www.thedollarbusiness.com/news/china-lifts-restrictions-on-imports-of-nonbasmati-rice-from-india/48768
Bans were lifted as a result of the fact that a team consisting of 19 Indian rice millers visited China in September to address their concerns regarding the issue. Following the visit, China announced that it has accepted 14 out of the 19 rice companies to furnish the Chinese market with non-basmati rice. The quality of rice and the methods used by the Indian millers in making the product safe were inspected by several officials from China’s Administration of Quality Supervision, Inspection and Quarantine.
The rice exporting companies which plan to ship goods to China have to be registered with India’s National Plant Protection Organisation (NPPO), as China had restricted imports of non-basmati rice of Indian origin because of the presence of khapra beetle in India’s crop.
Despite the fact that India's rice exports declined in the past few years, the country continues to be a major exporter of basmati rice to China. The International Grains Council (IGC) estimated China to import about 4.1 million tonnes of rice in 2016-17. India’s rice exports fell to $5.79 billion in 2015/16 compared with $7.84 billion in 2014/15, but rice exports still accounted for 18% of country’s total agricultural exports last year.
Source:
https://www.thedollarbusiness.com/news/china-lifts-restrictions-on-imports-of-nonbasmati-rice-from-india/48768
Tuesday, November 29, 2016
Meeting Etiquette While Doing Business in Belgium
If you intend to do business in a foreign country you should be informed about the basic business and cultural rules, which may be different from those that exist in your country. In this article you will find the general rules regarding the business etiquette in Belgium.
Punctuality
When doing business in Belgium it is advisable to arrive on time. Punctuality is important, but if you really cannot avoid arriving late, it would be good to prevent your partners.
Regarding social events, you can arrive 5-10 minutes after the time indicated on the invitation.
Business meetings
When you plan a meeting with a Belgian partner you should make an appointment several days in advance. Also, if you plan to present a specific product or discuss a business proposition, it is necessary to offer some background details in advance.
Meeting tips:
- The best time for a business meeting in Belgium is around 10 am.
- You can tart by shaking hands and greetings.
- You can start the business meeting with an informal conversation, but it should be short.
- Bring enough business cards and materials about your company.
- Provide the participants with background material to at the beginning of the meeting.
Communicating with Belgians
- Don't forget about the linguistic distinctions: use the language of the region or English for business.
- Start the meting with a small talk if you are dealing with francophone Walloons, and go immediately to the concerns is your partners are Flemish.
- Use titles or honorifics plus last name when addressing both Flemish and Walloons.
- Belgians are reserved about their private life and respect privacy.
Actions to avoid:
- addressing people by their first name
- talking with your hands in your pockets
- making excessive gestures
- pointing with the index finger
- chewing gum
- asking personal questions
Discussion topics to avoid:
- political topics
- community issues
- religion
- minorities
Punctuality
When doing business in Belgium it is advisable to arrive on time. Punctuality is important, but if you really cannot avoid arriving late, it would be good to prevent your partners.
Regarding social events, you can arrive 5-10 minutes after the time indicated on the invitation.
Business meetings
When you plan a meeting with a Belgian partner you should make an appointment several days in advance. Also, if you plan to present a specific product or discuss a business proposition, it is necessary to offer some background details in advance.
Meeting tips:
- The best time for a business meeting in Belgium is around 10 am.
- You can tart by shaking hands and greetings.
- You can start the business meeting with an informal conversation, but it should be short.
- Bring enough business cards and materials about your company.
- Provide the participants with background material to at the beginning of the meeting.
Communicating with Belgians
- Don't forget about the linguistic distinctions: use the language of the region or English for business.
- Start the meting with a small talk if you are dealing with francophone Walloons, and go immediately to the concerns is your partners are Flemish.
- Use titles or honorifics plus last name when addressing both Flemish and Walloons.
- Belgians are reserved about their private life and respect privacy.
Actions to avoid:
- addressing people by their first name
- talking with your hands in your pockets
- making excessive gestures
- pointing with the index finger
- chewing gum
- asking personal questions
Discussion topics to avoid:
- political topics
- community issues
- religion
- minorities
Tuesday, November 22, 2016
India Establishes Trade Relations with LAC
Latin America is at present an opportune land for international trade and investments, due to some positive factors such as the reduction of tariff barriers, the modernization of infrastructure and the liberalization of the financial market. Regional trade agreements (Mercosur, ANDEAN, CARICOM) also play an important role in encouraging trade. As a result of these favorable conditions, many world economies are now looking to establish trade relations with Latin America countries.
Negotiations are held with Latin America countries in order to promote trade with world's major economies and emerging markets. India is one of the world economies, working to reduce trade barriers and establish collaboration with LAC. The country is looking to open up new markets by improving trade relations with the Latin America countries.
It should be mentioned that India's economic presence is now quite visible in the region, and its interests are diverse. Thus, since 2000, Indian companies have invested about $12 billion in the LAC. Investments were mainly made in economic sectors such as IT, pharmaceuticals, agrochemicals, mining, energy, and manufacturing. India’s trade with the region includes all various kinds of products, from soybeans to aircraft and minerals. Some of the leading Indian firms dealing in the region are the IT firm Tata Consultancy Services, ONGC Videsh, Dr. Reddy’s Laboratories, Shree Renuka Sugars and others.
At present, there are 14 Indian companies in Argentina: mainly IT firms and companies related to manufacturing, such as pharma, cosmetics and agrochemicals. Venezuela, Uruguay and Bolivia also increased trade with India. India and LAC have also come closer in terms of investments.
In conclusion, India’s increasing interest in building trade relations with the Latin America countries has helped bilateral trade to grow.
Negotiations are held with Latin America countries in order to promote trade with world's major economies and emerging markets. India is one of the world economies, working to reduce trade barriers and establish collaboration with LAC. The country is looking to open up new markets by improving trade relations with the Latin America countries.
It should be mentioned that India's economic presence is now quite visible in the region, and its interests are diverse. Thus, since 2000, Indian companies have invested about $12 billion in the LAC. Investments were mainly made in economic sectors such as IT, pharmaceuticals, agrochemicals, mining, energy, and manufacturing. India’s trade with the region includes all various kinds of products, from soybeans to aircraft and minerals. Some of the leading Indian firms dealing in the region are the IT firm Tata Consultancy Services, ONGC Videsh, Dr. Reddy’s Laboratories, Shree Renuka Sugars and others.
At present, there are 14 Indian companies in Argentina: mainly IT firms and companies related to manufacturing, such as pharma, cosmetics and agrochemicals. Venezuela, Uruguay and Bolivia also increased trade with India. India and LAC have also come closer in terms of investments.
In conclusion, India’s increasing interest in building trade relations with the Latin America countries has helped bilateral trade to grow.
Source:
http://www.americasquarterly.org/india-latin-america
Tuesday, November 15, 2016
The Most Competitive Economy on the Planet
According to the World Economic Forum's (WEF) report for 2016-2017, Switzerland has been appreciated as the most competitive economy on the planet. The country gains this position for the 8th year in a row.
In the WEF latest Global Competitiveness report, Switzerland obtained its highest score of 5.8 out of 7. The country attained the highest marks in 4 of the 11 criteria:
- labour market efficiency
- business sophistication
- innovation and
- technological readiness.
However, Switzerland has weaknesses as well: deepening deflation, low levels of women participating in the workforce and the amount of red tape holding back the creation of new companies. In addition, Thierry Geiger, one of the report’s authors, claims that “If Switzerland adopts strict immigration quotas then this could be very bad for its competitiveness”.
There are definitely things to revise, but for the moment, Switzerland continues to attract high scores in economic competitiveness. It should be mentioned that earlier this year, the country climbed two places to 2nd in the IMD business school’s annual survey.
Source:
http://www.swissinfo.ch/eng/business/wef-report_switzerland-is-the-world-s-most-competitive-economy-/42478248
In the WEF latest Global Competitiveness report, Switzerland obtained its highest score of 5.8 out of 7. The country attained the highest marks in 4 of the 11 criteria:
- labour market efficiency
- business sophistication
- innovation and
- technological readiness.
It is stated in the report that “Switzerland arguably possesses one of the world’s most fertile innovation ecosystems,” and that Swiss companies have “an unmatched capacity to attract the best talent and large multinationals”.
However, Switzerland has weaknesses as well: deepening deflation, low levels of women participating in the workforce and the amount of red tape holding back the creation of new companies. In addition, Thierry Geiger, one of the report’s authors, claims that “If Switzerland adopts strict immigration quotas then this could be very bad for its competitiveness”.
There are definitely things to revise, but for the moment, Switzerland continues to attract high scores in economic competitiveness. It should be mentioned that earlier this year, the country climbed two places to 2nd in the IMD business school’s annual survey.
Source:
http://www.swissinfo.ch/eng/business/wef-report_switzerland-is-the-world-s-most-competitive-economy-/42478248
Tuesday, October 25, 2016
What Is the Secret of Germany's Success in Manufactured Exports?
Germany is always mentioned when discussing global export successes in manufactured and value add goods. Many people may ask what is the secret of their success. One thing is certain - the German manufactured export success is not magic, it results from hard work, long-term vision and commitment.
One of the reasons explaining such a success is the fact that manufacturing in Germany is at the higher end of the value chain. This sector represents over 21% of the country's economy, which is nearly double that of Britain and more than 1/3 more in percentage terms than the United States.
The manufacturing sector creates more than 300,000 well paid positions of long term employment for German workers and many more other jobs. More than 1,000 small medium German manufacturing companies (some of them with employee numbers of less than 250) are world leaders in their chosen technical niche. This SME sector is growing in size and generating yet more technically innovative enterprises that produce quality manufactured goods for export.
Another reason is that from the late 1800s German engineering has been at the global forefront of standardising weights and measures, precision engineering, metallurgy, machine tools, chemicals, optics, automotive, aeronautical, rocket science, plastics etc.
German economic and manufacturing success is a result of its people ingenuity, organisation, discipline, commitment, collaboration and trust between Government, workers, unions, banks and research institutes, but also due to hard work and long-term vision. The secret is unveiled!
Source:
http://www.dynamicexport.com.au/export-market/articles-export-markets/Why-Germany-is-so-successful-with-manufactured-exports/
One of the reasons explaining such a success is the fact that manufacturing in Germany is at the higher end of the value chain. This sector represents over 21% of the country's economy, which is nearly double that of Britain and more than 1/3 more in percentage terms than the United States.
The manufacturing sector creates more than 300,000 well paid positions of long term employment for German workers and many more other jobs. More than 1,000 small medium German manufacturing companies (some of them with employee numbers of less than 250) are world leaders in their chosen technical niche. This SME sector is growing in size and generating yet more technically innovative enterprises that produce quality manufactured goods for export.
Another reason is that from the late 1800s German engineering has been at the global forefront of standardising weights and measures, precision engineering, metallurgy, machine tools, chemicals, optics, automotive, aeronautical, rocket science, plastics etc.
German economic and manufacturing success is a result of its people ingenuity, organisation, discipline, commitment, collaboration and trust between Government, workers, unions, banks and research institutes, but also due to hard work and long-term vision. The secret is unveiled!
Source:
http://www.dynamicexport.com.au/export-market/articles-export-markets/Why-Germany-is-so-successful-with-manufactured-exports/
Tuesday, October 18, 2016
The Global Competitiveness Report 2015-2016
The World Economic Forum (WEF) is a Swiss nonprofit foundation whose mission is "improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas". The WEF publishes a Global Competitiveness Report every year since 2004. In this report countries are ranked based on the Global Competitiveness Index.
"The Global Competitiveness Report 2015-2016 assesses the competitiveness landscape of 140 economies, providing insight into the drivers of their productivity and prosperity. The Report series remains the most comprehensive assessment of national competitiveness worldwide".
According to the Global Competitiveness Index 2015–2016 countries rank as it follows:
1. Switzerland
2. Singapore
3. Unites States
4. Germany
5. Netherlands
6. Japan
7. Hong Kong SAR
8. Finland
9. Sweden
10. United Kigdom
11. Norway
12. Denmark
13. Canada
14. Qatar
15. Taiwan, China
16. New Zealand
17. UAE
18. Malaysia
19. Belgium
20. Luxembourg
Source:
http://reports.weforum.org/global-competitiveness-report-2015-2016/report-highlights/
"The Global Competitiveness Report 2015-2016 assesses the competitiveness landscape of 140 economies, providing insight into the drivers of their productivity and prosperity. The Report series remains the most comprehensive assessment of national competitiveness worldwide".
According to the Global Competitiveness Index 2015–2016 countries rank as it follows:
1. Switzerland
2. Singapore
3. Unites States
4. Germany
5. Netherlands
6. Japan
7. Hong Kong SAR
8. Finland
9. Sweden
10. United Kigdom
11. Norway
12. Denmark
13. Canada
14. Qatar
15. Taiwan, China
16. New Zealand
17. UAE
18. Malaysia
19. Belgium
20. Luxembourg
Source:
http://reports.weforum.org/global-competitiveness-report-2015-2016/report-highlights/
Wednesday, October 12, 2016
Italian Plastics Market Strengthens Its Position
According to an analysis performed by the Italian trade group Assocomaplast, imports of machinery to Italy in the first half of 2016 indicated a strengthening in the Italian plastics market. Even if the trend in exports has been “much less impressive” in 2016, there are bright spots in regional markets for Italy’s machinery exporters.
Official ISTAT foreign trade data showed that imports were nearly 390 million euros in this period, which is a 9.7% increase comparing to the same period in 2015. In this context, Assocomaplast affirmed: “This would seem to reaffirm the signs of recovery in the domestic market that had shown up on the radar last year”.
Also, Assocomaplast President, Alessandro Grassi said that particular increases were seen in sales to the NAFTA (North American Free Trade Agreement) countries. Specifically, there was a strong increase in exports to Mexico, as exports of injection molding machines to Mexico increased by 10.2% in the first half of 2016.
The group equally pointed out that:
- sales of flexographic printers to all export destinations increased by 19.4% in the recent half-year, with major orders from the US.
- extrusion machine exports rose by 1.9% and showed “a clear increase in sales” to Mexico and to France.
- in the same period, Italian machinery exports improved to China, India, South Korea and Vietnam. Sales in Iran also increased following the end of economic sanctions.
- in terms of imports to Italy, the data showed the biggest increase in molds, mainly from Germany. An increase was also seen in injection molding machines, particularly from Austrian and German manufacturers.
Official ISTAT foreign trade data showed that imports were nearly 390 million euros in this period, which is a 9.7% increase comparing to the same period in 2015. In this context, Assocomaplast affirmed: “This would seem to reaffirm the signs of recovery in the domestic market that had shown up on the radar last year”.
Also, Assocomaplast President, Alessandro Grassi said that particular increases were seen in sales to the NAFTA (North American Free Trade Agreement) countries. Specifically, there was a strong increase in exports to Mexico, as exports of injection molding machines to Mexico increased by 10.2% in the first half of 2016.
The group equally pointed out that:
- sales of flexographic printers to all export destinations increased by 19.4% in the recent half-year, with major orders from the US.
- extrusion machine exports rose by 1.9% and showed “a clear increase in sales” to Mexico and to France.
- in the same period, Italian machinery exports improved to China, India, South Korea and Vietnam. Sales in Iran also increased following the end of economic sanctions.
- in terms of imports to Italy, the data showed the biggest increase in molds, mainly from Germany. An increase was also seen in injection molding machines, particularly from Austrian and German manufacturers.
Source:
http://www.plasticsnews.com/article/20160927/NEWS/309289999/machinery-imports-to-italy-up-in-advance-of-k-2016
Thursday, October 6, 2016
Agricultural Exports May Help Brazil Surpass Economic Crisis
A Brazilian diplomat who works with the World Trade Organization affirms that it is possible to increase the market for Brazilian products overseas if the country is able to remove trade barriers. He also claims that breaking the barriers could help Brazil surpass its economic crisis faster.
The same idea is expressed by Celso de Tarso Pereira during the fourth edition of the Agriculture Forum of South America: “We have competitive products, produced without subsidies, they should have unimpeded access in key markets”. Pereira explains that the main challenge for Brazilian exporters are enormous restrictions, quotas and tariffs. Apart from quotas and tariffs there are often restrictions by foreign buyers on Brazilian agricultural products, under the pretext that they do not follow international health standards.
In order to resolve this problem, Pereira proposes direct negotiations with potential importers, ‘to convince them that Brazilian products meet international health standards’.
The Brazilian government believes that by removing barriers and increasing agricultural exports, Brazil could surpass its economic crisis in a shorter time. According to the International Relations Secretary, at the Ministry of Agriculture, the government aims to increase the Brazilian agribusiness participation in world trade from the current 6.9% to 10%.
The same idea is expressed by Celso de Tarso Pereira during the fourth edition of the Agriculture Forum of South America: “We have competitive products, produced without subsidies, they should have unimpeded access in key markets”. Pereira explains that the main challenge for Brazilian exporters are enormous restrictions, quotas and tariffs. Apart from quotas and tariffs there are often restrictions by foreign buyers on Brazilian agricultural products, under the pretext that they do not follow international health standards.
In order to resolve this problem, Pereira proposes direct negotiations with potential importers, ‘to convince them that Brazilian products meet international health standards’.
The Brazilian government believes that by removing barriers and increasing agricultural exports, Brazil could surpass its economic crisis in a shorter time. According to the International Relations Secretary, at the Ministry of Agriculture, the government aims to increase the Brazilian agribusiness participation in world trade from the current 6.9% to 10%.
Wednesday, September 28, 2016
New Opportunities for Buyers and Sellers
Searching for a trusted international trade platform to buy or sell products internationally? Export Portal unveils new opportunities for buyers and sellers from all over the world to buy and sell any products online - from cosmetics and apparel, to boats and planes!
Export Portal is the best choice for importers and exporters searching for constant deals, business partnerships and strong international trading relations!
Subscribe to our YouTube channel to stay up-to-date with our latest news!
Export Portal is the best choice for importers and exporters searching for constant deals, business partnerships and strong international trading relations!
Subscribe to our YouTube channel to stay up-to-date with our latest news!
Wednesday, September 21, 2016
Exporting Companies - the Key to UK Success
A survey performed by the British Chambers of Commerce (BCC) showed that 3/4 of exporters have traded internationally for more than 5 years, while new exporters (0-2 years exporting) represent only 11% of exporting companies.
The survey also showed that once companies begin to export they rapidly expand, as 64% of exporters trade with 6 or more countries.
In this context, the British Chambers of Commerce claim that export and trade growth should be one of the essential goals of the next government's economic strategy.
The BCC proposed a number of measures to assist new exporters, and help existing exporters reach new international markets:
- Continue to develop a global B2B network of British Chambers and business groups – connecting British companies with customers and opportunities for growth in the fastest-growing overseas markets.
- Continue work to bring UK Export Finance up to par with the world’s best export finance agencies.
- Ensure UK businesses have access to world-class digital infrastructure by leading the world in the development of 5G technology.
- Drive the completion and enforcement of the EU Single Market in goods, services and e-commerce.
Source:
http://www.britishchambers.org.uk/press-office/press-releases/more-exporting-companies-key-to-uk-success,-says-bcc.html
The survey also showed that once companies begin to export they rapidly expand, as 64% of exporters trade with 6 or more countries.
In this context, the British Chambers of Commerce claim that export and trade growth should be one of the essential goals of the next government's economic strategy.
The BCC proposed a number of measures to assist new exporters, and help existing exporters reach new international markets:
- Continue to develop a global B2B network of British Chambers and business groups – connecting British companies with customers and opportunities for growth in the fastest-growing overseas markets.
- Continue work to bring UK Export Finance up to par with the world’s best export finance agencies.
- Ensure UK businesses have access to world-class digital infrastructure by leading the world in the development of 5G technology.
- Drive the completion and enforcement of the EU Single Market in goods, services and e-commerce.
Source:
http://www.britishchambers.org.uk/press-office/press-releases/more-exporting-companies-key-to-uk-success,-says-bcc.html
Wednesday, September 14, 2016
Outline of the French Economy
France is the 5th largest economy in the world. It is one of the global leaders in the automotive, aerospace and railway industry as well as in cosmetics and luxury goods. France is also the most visited country in the world, with tourism being an important sector of the economy.
What is more, France is the 2nd largest exporter in Europe, its major exports being machinery, transportation equipment, aerospace equipment and plastics. The country's main imports include machinery, automobiles and crude oil.
France exports a large variety of products and services. The French government provides significant subsidies to the farm sector, making France one of the world’s largest exporters of agricultural products in Europe, famous for its wines and cheeses.
The primary destination for French exports are European countries, Germany being France's main economic partner, accounting for more than 17% of the country's exports and 19% of total imports. Only about 1/3 of all French exports go to non-European countries, situation that can change to the better due to the process of globalization and growth of the e-commerce.
Wednesday, September 7, 2016
Cool Gadgets for Your Kitchen
Kitchen tools make your cooking experience more pleasant and the meal preparation easier. But apart from spoons, knives, plates and pots there exist a lot of cool gadgets to equip your kitchen with!
Here are some great examples of such cooking devices:
1. a grinder containing both salt and pepper
2. a tool for re-sealing bags
3. a see through toaster
4. a pot with a strainer built into the lid
5. sipping stones for chilling drinks
6. protective sleeve for iPad
Here are some great examples of such cooking devices:
1. a grinder containing both salt and pepper
2. a tool for re-sealing bags
3. a see through toaster
4. a pot with a strainer built into the lid
5. sipping stones for chilling drinks
6. protective sleeve for iPad
Wednesday, August 17, 2016
Promising Markets for Small Businesses
Today small and medium-size businesses represent the largest job share in the developing world. Moreover, researches ans statistics show that small and medium companies are becoming a key point for economic growth worldwide.
One of the best ways for small businesses to reach new markets is to look for business opportunities outside their country borders.
Here is a list of the most promising export markets for small enterprises:
South Africa
South Africa is a growing economy, representing about 30% of sub-Saharan GDP. The country is an attractive business destination, due to its stable banking system and business-friendly environment.
Indonesia
Indonesia is the largest economy in Southeast Asia. It is also the world's 4th largest population and consumers in Indonesia like buying things from overseas. Products such as food, electronics and mobiles sell well here.
Brazil
Brazil an important power in world's agriculture and one of the largest IT markets in the world. It is also one of the emerging economies attracting special attention from foreign investors and exporting companies over the last years. Brasil is considered to be a key market for international expansion.
One of the best ways for small businesses to reach new markets is to look for business opportunities outside their country borders.
Here is a list of the most promising export markets for small enterprises:
South Africa
South Africa is a growing economy, representing about 30% of sub-Saharan GDP. The country is an attractive business destination, due to its stable banking system and business-friendly environment.
Indonesia
Indonesia is the largest economy in Southeast Asia. It is also the world's 4th largest population and consumers in Indonesia like buying things from overseas. Products such as food, electronics and mobiles sell well here.
Brazil
Brazil an important power in world's agriculture and one of the largest IT markets in the world. It is also one of the emerging economies attracting special attention from foreign investors and exporting companies over the last years. Brasil is considered to be a key market for international expansion.
Wednesday, August 10, 2016
Ten Absolutely Amazing Buildings Situated in Europe!
Building technologies are continually progressing and new, innovative construction methods allow architects to experiment with building's materials, shapes and functionality. The results they obtain are almost always magnificent!
Let's take a look at the most interesting Europe's buildings:
The Lutheran HallgrÃmskirkja Church (ReykjavÃk, Iceland)
Let's take a look at the most interesting Europe's buildings:
The Lutheran HallgrÃmskirkja Church (ReykjavÃk, Iceland)
Gare do Oriente, train station (Lisbon, Spain)
Riverside Museum (Glasgow, Scotland)
Temppeliaukio Church (Helsinki, Finland)
Emporia mall (Malmo, Sweden)
Opera House (Oslo, Norway)
Dancing House (Prague, Czech Republic)
Bosco Verticale (Milan, Italy)
Inntel Hotel (Amsterdam, Netherlands)
Ceratto Winery (Alba, Italy)
Thursday, August 4, 2016
Worldwide eCommerce Trends and Statistics
This infographic is an eCommerce marketing report, which presents the 10 biggest eCommerce markets and the emerging markets where eCommerce becomes more and more popular and successful.
Wednesday, July 27, 2016
Indonesia Exports
Indonesia is situated between the Indian and
Pacific oceans. It is the world's largest island country, with more
than 17000 islands, the largest being Sumatra, Java, Bali,
Kalimantan, Sulawesi, the Nusa Tenggara islands, the Moluccas
Islands, and Irian Jaya.
The economy of Indonesia is the 16th largest in the world according to its GDP. The country supplies 20 % of the world's tin and is rich in copper, nickel, gold and coal resources.
The major exports of Indonesia are:
- coal briquettes
- oil
- rubber
- wood
- animal and vegetable fats and oils
- electrical equipment and machinery
- footwear and parts
- gems
The economy of Indonesia is the 16th largest in the world according to its GDP. The country supplies 20 % of the world's tin and is rich in copper, nickel, gold and coal resources.
The major exports of Indonesia are:
- coal briquettes
- oil
- rubber
- wood
- animal and vegetable fats and oils
- electrical equipment and machinery
- footwear and parts
- gems
Monday, July 18, 2016
It is started - Pre-register on Export Portal!
Today Export Portal is proud to announce the start of
pre-registration for sellers, shippers and buyers!
Everything started in 2011, when the creators decided to make a website which will protect all the parties involved in an online trade deal. Safety is one of the primary goals of Export Portal, along with easy deals and accessibility. It cares about all its clients and tries to satisfy everyone's needs.
After years of hard work, the team is excited about the opportunities the site will open to traders all over the world:
- huge number of customers and business partners
- expanding any business to international level
- selling and buying products worldwide
- receiving 24/7 support
Start your way to success with us! Register for free today, become a part of a huge network of sellers, shippers and buyers >> exportportal.com
Everything started in 2011, when the creators decided to make a website which will protect all the parties involved in an online trade deal. Safety is one of the primary goals of Export Portal, along with easy deals and accessibility. It cares about all its clients and tries to satisfy everyone's needs.
After years of hard work, the team is excited about the opportunities the site will open to traders all over the world:
- huge number of customers and business partners
- expanding any business to international level
- selling and buying products worldwide
- receiving 24/7 support
Start your way to success with us! Register for free today, become a part of a huge network of sellers, shippers and buyers >> exportportal.com
Wednesday, July 13, 2016
Essential Oils Exports
There exists a broad assortment of essential oils such as
bergamot, orange, lemon, lime, citrus, geranium, jasmin, lavender,
peppermint, tea tree etc.
Essential oils can be used for medicinal and health purposes, as well as for aromatherapy, household cleaning and beauty care, especially in the perfume industry.
According to the Product Complexity Index, essential oils represent the 541st most traded commodity and the 1063rd most complex product.
The major exporters of essential oils are:
- USA
- India
- China
- France
- Brazil
The main importers of this product are:
- USA
- France
- UK
- Germany
- China
Essential oils can be used for medicinal and health purposes, as well as for aromatherapy, household cleaning and beauty care, especially in the perfume industry.
According to the Product Complexity Index, essential oils represent the 541st most traded commodity and the 1063rd most complex product.
The major exporters of essential oils are:
- USA
- India
- China
- France
- Brazil
The main importers of this product are:
- USA
- France
- UK
- Germany
- China
Monday, July 11, 2016
Wednesday, July 6, 2016
The Main Exports of Each US State (part 2)
The US state Texas is known for exporting oil, Main is famous for exporting lobsters, but what are the major exports of other 48 states?
We continue the list of main exported commodities from each state:
26. Missouri - transportation equipment
27. Montana - coal
28. Nebraska - combine harvesters
29. Nevada - gold
30. New Hampshire - crude oil
31. New Jersey - petroleum
32. New Mexico - electronic processors
33. New York - diamonds
34. North Carolina - airplane parts
35. North Dakota - crude oil
36. Ohio - airplane parts
37. Oklahoma - airplane parts
38. Oregon - electronic processors
39. Pennsylvania - coal
40. Rhode Island - precious metal scraps
41. South Carolina - automobile equipment
42. South Dakota - soybean meal
43. Tennessee - medical equipment
44. Texas - petroleum
45. Utah - gold
46. Vermont - electronic processors
47. Virginia - memory chips
48. Washington - airplane parts
49. Wisconsin - derrick equipment
50. Wyoming - chemical disodium carbonate
On Export Portal, trade is without borders! Export and import all kinds of products from every country and every continent!
We continue the list of main exported commodities from each state:
26. Missouri - transportation equipment
27. Montana - coal
28. Nebraska - combine harvesters
29. Nevada - gold
30. New Hampshire - crude oil
31. New Jersey - petroleum
32. New Mexico - electronic processors
33. New York - diamonds
34. North Carolina - airplane parts
35. North Dakota - crude oil
36. Ohio - airplane parts
37. Oklahoma - airplane parts
38. Oregon - electronic processors
39. Pennsylvania - coal
40. Rhode Island - precious metal scraps
41. South Carolina - automobile equipment
42. South Dakota - soybean meal
43. Tennessee - medical equipment
44. Texas - petroleum
45. Utah - gold
46. Vermont - electronic processors
47. Virginia - memory chips
48. Washington - airplane parts
49. Wisconsin - derrick equipment
50. Wyoming - chemical disodium carbonate
On Export Portal, trade is without borders! Export and import all kinds of products from every country and every continent!
Wednesday, June 29, 2016
The Main Exports of Each US State (part 1)
The US state Texas is known for exporting oil, Main is famous for exporting lobsters, but what are the major exports of other 48 states?
According to the US Census Bureau, the main exported commodities from each state are:
1. Alabama - vehicle parts
2. Alaska - zinc
3. Arizona - airplane parts
4. Arkansas - airplane parts
5. California - airplane parts (it is also known for almond export)
6. Colorado - beef
7. Connecticut - airplane parts
8. Delaware - medicines
9. District of Columbia - radar apparatus
10. Florida - gold
11. Georgia - airplane parts (it is also known for chicken export)
12. Hawaii - airplane parts (also known for papaya export)
13. Idaho - memory chips
14. Illinois - petroleum
15. Indiana - medicines
16. Iowa - tractors
17. Kansas - airplane parts
18. Kentucky - airplane parts
19. Louisiana - petroleum
20. Maine - lobsters
21. Maryland - transportation equipment
22. Massachusetts - gold
23. Michigan - transportation equipment
24. Minnesota - medical equipment
25. Mississippi - petroleum
According to the US Census Bureau, the main exported commodities from each state are:
1. Alabama - vehicle parts
2. Alaska - zinc
3. Arizona - airplane parts
4. Arkansas - airplane parts
5. California - airplane parts (it is also known for almond export)
6. Colorado - beef
7. Connecticut - airplane parts
8. Delaware - medicines
9. District of Columbia - radar apparatus
10. Florida - gold
11. Georgia - airplane parts (it is also known for chicken export)
12. Hawaii - airplane parts (also known for papaya export)
13. Idaho - memory chips
14. Illinois - petroleum
15. Indiana - medicines
16. Iowa - tractors
17. Kansas - airplane parts
18. Kentucky - airplane parts
19. Louisiana - petroleum
20. Maine - lobsters
21. Maryland - transportation equipment
22. Massachusetts - gold
23. Michigan - transportation equipment
24. Minnesota - medical equipment
25. Mississippi - petroleum
Wednesday, June 22, 2016
Shipping Methods: What Types and For Which Goods?
The exporting and importing businesses deal inevitably with international shipping. In this context, choosing the most convenient shipping way is very important, because you want your products to arrive on time and at the right cost.
There are 3 main shipping ways: by land, by air and by sea. The transportation method depends on the type of products, but also on the company's budget.
Land shipping
The transportation by land includes shipping by truck and shipping by rail.
Truckload shipping is a popular method of transportation used around the world, most suitable for small orders up to 21 tones. The advantages of this shipping method are: reduced costs, flexibility and faster delivery on short distances.
Rail freight is a good option when shipping over large distances and for bulk products. Shipping by train is not as flexible as truckload shipping, but is cheaper and more energy efficient.
Air freight
This shipping way is perfect for products which has to be delivered rapidly. Air freight has many advantages such as cheaper warehousing, shorter transportation time and the possibility to ship heavy freight. However, shipping by air is more expensive than other transportation methods and it is limited by the availability of airports nearby the points of departure and arrival.
Sea transportation
Transportation by sea is the most economical shipping way, and most convenient if you transport products which do not require fast delivery. The cargo ships can transport all types of goods: bulk products, perishable goods and liquids.
Become a shipper on Export Portal - discover new lands for trade!
Subscribe to:
Posts (Atom)