An importer who has already found a potential supplier for chosen products wonders whether it is possible to have a transaction insurance for imports, for example from China. There is not one standalone policy, but a set of measures that … Read more
Global products trade depends on many types of companies. For smooth cargo flow and supply chain efficiency, freight forwarding services are needed. Here, we will uncover the similarities and differences between VOCC and NVOCC, the two crucial players in the shipping and logistics industry. … Read more
If you import packaged goods into the European Union, PPWR can no longer be ignored. The new EU Packaging and Packaging Waste Regulation (PPWR), Regulation (EU) 2025/40, came into force in February 2025 and brings major changes to EU packaging … Read more
On July 1, 2026, the European Union will introduce a fixed customs duty of €3 on small parcels valued under €150 that enter the EU—mostly e-commerce shipments to consumers. This is a temporary measure adopted by EU countries. When will you pay the €3 customs duty on small parcels? How the new €3 customs duty on small parcels in the EU works Why the EU is doing this now EU finance ministers point to the explosion of small parcels entering duty-free under the current rules for sub-€150 items, alongside rampant undervaluation used to avoid duties. The €3 flat duty is meant to be a simple, quickly deployable fix while the EU readies a permanent overhaul of customs for e-commerce. That overhaul, already agreed in principle in November 2025, will eliminate the duty-relief threshold and apply normal EU tariff rates to low-value goods once it takes effect. What it means for buyers and sellers Frequently asked questions about the €3 … Read more
Turkey, the 19th largest economy in the world by GDP, holds a significant position among the top thirty importers and exporters globally. Knowing the quality of sourced products is crucial for an importer. Understanding how to conduct a quality inspection in Turkey is a key … Read more
Outsourcing logistics is a great way of streamlining your sourcing business and shifting focus to your core competencies. Third-party logistics (3PL) providers offer expertise and resources to solve your logistics issues. However, choosing the right 3PL partner can be challenging. … Read more
Sourcing products to the United States offers many opportunities for businesses. The caveat is that importing to the US comes with a set of regulatory requirements that importers must navigate carefully. One of these requirements is customs bonds, which are … Read more
There is a lot of potential in e-commerce. To have a successful sourcing business, you need to learn about suppliers and your target market. One crucial factor that can significantly impact your success is Minimum Order Quantity (MOQ). Read further … Read more
There are many reasons for the exacerbated global climate crisis. One of them is deforestation and forest degradation. To combat this, the European Union has introduced a regulation, Regulation 2023/1115, on the trade in goods and products related to deforestation … Read more
International trade realm has many rules, such as customs regulations, duties, compliance requirements. It is difficult to navigate, especially for those starting their sourcing business. But you don’t have to do it all on your own – there are professionals … Read more
India is the third largest economy in the world in terms of GDP (PPP) per capita. By 2030, the value of goods exported from India will be USD 1 trillion, and the country will become a global production center. Importers … Read more
It seems like Alibaba is a site that does not need an introduction. Some importers and suppliers are looking for alternatives to Alibaba and other Chinese online marketplaces. We have already covered Korean Alibaba called tradeKorea. This time, we introduce … Read more
China is called the factory of the world, but there are also other countries that are large manufacturers and exporters. One of such countries is Turkey. Whether you source from China or Turkey, international trade fraud is not uncommon. This … Read more
Setting up a business in alternate developing Asian markets, such as Pakistan, is attractive since it is a cost-competitive region. But before commencing a business, it is highly recommended to conduct trademark registration in Pakistan to protect the assets. Find … Read more
Malaysia is a country in Southeast Asia that has an attractive supply base. Purchasing goods is easy as long as you find the right supplier. In this article, we share tips on how to find a trustworthy supplier from Malaysia … Read more
Since the 80s, Vietnam has undergone significant economic reforms that changed the country’s economy to a market economy, liberalized trade exchange, and the status of foreign companies. Thanks to implemented changes, Vietnam became one of the fastest developing countries in … Read more
If you run a business, you must take care of Intellectual Property (IP) in your home country and every country you make deals in. IP infringement is a serious concern, especially in Southeast Asia. Vietnam is a large manufacturing base. … Read more
As a diversified, quickly-developing economy, Malaysia is a good location to search for new business partners. However, making business deals with new contractors creates a certain risk of being scammed or receiving a wrong/faulty product. Inspecting your order before it … Read more
Businesses that intend to enter Taiwan should apply for trademark registration. It is crucial since intellectual property infringement, such as trademark squatting, is not unheard of. How much does it take and cost to carry out a trademark registration in … Read more
Which buyer would not prefer to pay for a placed order after the goods receiving the goods? It is possible, and there is a name for it – open account payment/transaction, or OA payment for short. It poses almost no … Read more
Intellectual property is valuable to businesses as it improves the competitiveness of enterprises. Singapore ranked second in the world and first in Asia regarding IP protection regimes. It has standards comparable with those in the EU. Read further to learn … Read more
Vietnam is in the top 20 exporters in the world. Top Vietnam’s trade partner is the US. Top imports to the United States include apparel, footwear, furniture, and electronics. During customs clearance, an import duty (tax) is collected. Where can … Read more
India is one of the largest manufacturers and exporters in the world. It is also the fifth-largest economy in the world. As it is a vast country, there are countless suppliers. In the article, we will explain how to find … Read more
Vietnam is one of the industrial manufacturing centers of the world. Low labor costs encourage importers to source from Vietnamese suppliers. In this article, we will show you how to find a trustworthy supplier from Vietnam and verify the company. … Read more
The number of “made in Vietnam” products increases in the global market. Vietnam’s exports to the US are nine times bigger than imports. The main products that Vietnam exported to the United States were in the electrical machinery and equipment … Read more
Bangladesh is marked by high economic growth – GDP dynamics haven’t fallen below 5% annually for over a decade. Bangladesh is an importing power in the textile industry, primarily ready-made garments. It is from this country that most clothing in … Read more
Taiwan, despite its relatively small area and population, is among the world’s top twenty exporters (ranked 15th in 2020). Exports from Taiwan are crucial since they account for around 70% of its GDP. Importing from Taiwan can prove very profitable; … Read more
India is one of the fastest developing countries globally, while its economy is one of the most industrialized. Even though India imports more products than exports, importing from India to Europe remains popular. The most crucial for India are the … Read more
Turkey is a dynamically developing country, and its economy is based on industry and services. Its strength lies in its location between Europe and the Middle East. In terms of trade, we can observe a growth in vehicle, electronics, and … Read more
It is widely known that the European Union has strong trade ties with Asia, especially China. Similarly, the EU-Vietnam economic ties become stronger every year. The situation is similar in the United States, especially in recent years, influenced by the … Read more