Successful import export business idea relies on two things, satisfying the customer’s needs and making a profit. Choosing the best product and supplier or buyer to import or export will enhance your chances of success. Using import export data to find a supplier or buyer is the best way. Many people don’t know about that,…
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After making the export decision, you have to decide where to export the product? Sometimes the process is easy due to the obvious demand from a particular market or because the businessman has certain connections that help to create the right conditions for selling as an exporter. But if none of these situations exist, how…
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If your company import or export products to other countries, then you need to know about import export insurance. Freight insurance in one of the policies of import export insurance. The exporter or importer may suffer financial losses if the goods are damaged during transportation from the port of shipment to the destination. The exporter…
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A country’s stock market is a sign of how well the companies and the economy that form the economy work. In the long term, stock prices reflect how well the company is operating in terms of profit, which then affects the overall earnings of the economy. Pakistan stock exchange is a popular choice for investors…
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The garment export business from Pakistan is not limited. Effective marketing for import export business plays a crucial role in the success of the garment export business. Export orders can be generated through local or international buyers that are present in the country and receive export orders for international buyers from local industries. The second…
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WeBOC registration is compulsory to start import and export business in Pakistan. Since 2011, has been playing a huge role in facilitating the traders, custom officers, and agents. For the last 8 years WeBOC has contributed to making the filing processes simpler, GD clearance system faster, and container tracking easier. What is WeBOC and why…
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Do you want to start export business in Pakistan but don’t know how to do it. Don’t worry, I will tell you how to start export business in Pakistan. Starting an export business neither hard nor easy, it’s all about knowledge and dedication. If you are thinking of getting the import export business license to…
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When you start the import export business, you need to know about the customs duty and taxes applied to the product you are dealing with. Customs duty and taxes are the necessary things in the import and export business. The customs duty and taxes change every year, so you need to be updated about it…
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NTN is important for each salaried and business people. FBR has made it necessary for all salaried employees (government and private) having taxable income to file their tax returns. They have additionally started sending random letters to individuals to register for NTN and file income statement. Since individuals are hesitant to get NTN and file…
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The import and export business in Pakistan has a lot of potential this could be the reason why many of the businesses wish to start the import and export business. However, there are many companies try to do this business, but few of them succeed. The main reason behind this is they don’t consider all…
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Starting an export business could seem hard to do but if you have dedication you can do it, the scope of exports from Pakistan in unlimited. Effective marketing strategy plays a vital role in making the export business a success. You need to be clear about your business to start doing exports. Export business could…
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Incoterms are the shipping terms used by traders, buyers, and sellers. Incoterms are the commercial terms published by the ICC (International Chamber of Commerce) that is used in international trade transactions. In Incoterms rules are related to the costs, risks, and tasks linked with the delivery and transportation of the goods in international trade. What…
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Trade is one of the oldest businesses around the world; it even existed in the early ages where humans used to trade fur for the food and other products. In this modern world starting an import export business is not difficult if you have the right amount of knowledge. In the export business, many exporters…
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