Introduction to this web site.

  The information provided here is part of Export Import Training online After the exploration of information technology, the world is on our finger tips to get any piece of information. However when I went through different subjects on the web, I realized, like every thing in society, internet also carries the good and the bad. I was surprised to note that, I could not find any good quality  free tutorial program to enter in a good business  especially in

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Who gets benefits from this website?

   The information provided here is part of Export Import Online Tutorial   Who is benefited by this web blog, www.howtoexportimport.com 1. Any one who is interested to start an export import business.   2. Any one who is interested to learn international trade of export and import.   3. Employees or management who have been working with import export companies.   4. Employees or management who have been workin

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Why prefer exports?

 The information provided here is part of Import Export Training online 1. A country’s international  financial strengthness  determines on the basis of favorable balance of trade. It happens when export is more than import. Foreign exchange earnings will be more in a favorable balance of trade. So the wealth of a nation increases while earning foreign exchange. 2. Government supports: While supporting to increase foreign exchange inflow to a country, governme

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How to Choose a product for export business

  The information provided here is part of Online export import training guide   Learn Exports Imports Free, Click here   How to select a product for a new Export Business? In this article I would like to enlighten some information about choosing a product for export.      Choosing a product plays very important role before starting any business especially for export business. I will give some tips to choose your export pro

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How to send export samples to foreign buyer? Tips to send samples to foreign buyer

  The information provided here is part of Online export import business guide course   How to send export samples to foreign buyer?   Some of you may need a support on procedures to send export samples to your buyer at foreign country. Sending export samples is a simple procedure under export and import.   Can I get cost of export sample from foreign buyer, if value of product is high? Can we get reimbursed on the cost of courier to send export samples?

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What is Ex-factory terms in Imports and Exports

 The information provided here is part of Export Import Online Tutorial In this article, I will explain about Ex Factory Price used in any business, especially in Export and Import business.  What is Ex Works cost? Is Ex-works and Ex-factory same under delivery terms in an international trade? How does Ex Works terms of delivery work?   Ex works price and Ex-factory price are on of the same term. Ex factory or Ex works term is one of the delivery terms u

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Terms of Payment in Export and Import

  Click here to know latest update on  Export Benefit Schemes in India The information provided here is part of Online export import business guide course 4 Different types of terms of payment in International Trade. If we do not go in detail about definition and deep parameters, I will call this slogan – ‘ Business is money’. Although business man enjoy his day to day life in trade, if a loss occurs in business, everything collapse. So pay

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How does Letter of Credit work?

  The information provided here is part of Online Training Course on howtoexportimport Mechanism of Letter of Credit   LC is a common term used in all trade.    When talking of LC, there may have many questions among traders. What is Letter of Credit? How does Letter of Credit work? How many types of LC are there? How do these types of Letter of Credit work? Which type of Letter of credit is safe for Exporter?  Which type of LC is safe for

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Different types of Bill of Lading

 The information provided here is part of Online export import training guide    Different types of Bill of Lading:   What are the various types of Bill of Lading?   The various types of bill of lading  are given below. The details articles about each type of Bill of Lading is written in separate article.  The readers may go through each article to have a good knowledge about Types of Bill of Lading and its functions.  

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How to calculate CBM in LCL export shipments:

 The information provided here is part of Online Training Course on howtoexportimport   How to calculate CBM in LCL export shipments Method of calculation of CBM under LCL shipment   In this article let us learn Calculation of CBM under LCL sea shipment. Why to measure LCL shipment? How to calculate volume of cargo under sea LCL shipment? What is the importance of calculation of volume of cargo under LCL shipment?   //   Ca

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Difference between mother vessel and feeder vessel

 The information provided here is part of Online export import business guide course   MOTHER VESSEL Vs. FEEDER VESSEL What is Feeder Vessel? What is the size of a Feeder Vessel? How does Feeder Vessel serve?  How to differentiate Mother Vessel between Feeder Vessel? What is the capacity of a Mother Vessel? How does Mother Vessel serve? Feeder vessel and Mother vessels are part of vessel carrying network FEEDER VESSEL   Feeder vessel

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Documentation procedures on high sea sale.

  The information provided here is part of Export Import Training online Documentation procedures on high sea sale. What are the documentation required und a high sea sale? I have written a couple of articles about High Sea Sale in this web blog. You may kindly go through the same also to have clear idea about documentation formalities under High Sea Sale – HSS. Documentation procedures under high sea sale. All documents need to be mentioned as ‘on

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Is Letter of Credit LC safe for an Importer?

    As we know, Letter of Credit is operated based on the guidelines governed by the rules and regulations of UCPDC 600 (Uniform Customs and Practice for Documentary credit 600 which came in to effect as on July 1, 2007. In a letter of credit, the buyer’s bank guarantees payment of proceeds to the seller through his bank against presentation of documents as per the terms and conditions of Letter of Credit. We have discussed about the safety of letter of credit for

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11 Terms of Delivery easily explained under Incoterms 2020

Contents of DELIVERY TERMS as per Rules of INCOTERMS 2020 EXW   Ex Works      FCA  Free Carrier            CPT  Carriage Paid To            CIP  Carriage and Insurance Paid To             DAP  Delivered at Place              DPU  Delivered at Place Unloaded              DDP &n

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CIF terms of delivery explained under Incoterms 2020

CIF – Cost Insurance and Freight (named place) CIF means Cost Insurance and Freight   CIF under Incoterms 2020 is one of the delivery terms under Marine restricted terms. So it is used for the movement of goods by Sea and Inland water way.     Under CIF term, the seller delivers the goods to the buyer at the named destination port in Buyer’s country.  In international trade, the Exporter bears the cost of movement of goods till the Vessel

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CFR terms of delivery, explained in simple language

CFR – Cost and Freight (named place)   CFR means Cost and Freight   CFR means of delivery terms is used for the movement of goods by sea and inland water ways.  CFR terms under Incoterms 2000 are known as Marine restricted mode of delivery terms.   Under CFR term, the seller delivers the goods to the buyer at the named destination port in Buyer’s country. So the cost of movement of goods till Vessel berths at the named destination port is

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Understand the meaning of FOB under Incoterms

FOB – Free On Board (named place) Incoterms 2020 Under FOB term, the risk and costs of movement of goods transfers from Seller to Buyer, once the goods are loaded on the vessel nominated by the buyer.  So under an Export Import trade, the obligation of  exporter ends, when the goods gone on board the vessel, under FOB terms of delivery.    The seller is responsible for the costs and risks involved in packing of goods, pre carriage (local transportation), e

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FAS terms of delivery under Incoterms 2020

FAS  - Free Along Side (named place) INCO TERMS 2020 FAS Terms of Deliver is one of the marine restricted Inco Terms 2020, thereby preferably used under Sea and Inland water mode of transport. Under FAS terms, the responsibility of seller transfers to buyer immediately up on placing the goods next to vessel planned by the buyer.  So the seller packs the goods and undertakes pre carriage at his on cost and risk and arranges to reach the goods at port of shipment which buye

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Explaining DDP in simple language under Incoterms 2020

    DDP – Delivered Duty Paid (named place) DDP means Delivered Duty Paid. The exporters and importers may mention detailed named place under their Sale contract by mentioning the year of Incoterms version to avoid disputes on delivery of goods.  Inco Terms DAP is used for all modes of transport – Sea, Air and Land, as it is one of the delivery terms categorized as Omni Modal Inco terms. Under Inco terms DDP, Seller bears the responsibility of ri

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DAP, Simply explained under Incoterms 2020

ng> Buyer Buyer Import Customs Clearance Buyer Buyer Import Documentation Buyer Buyer Import Taxes and Duties (if any) Buyer Buyer Transportation from destination port to named place Seller Buyer Unloading at named place Buyer Buyer

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Describe DPU under Incoterms 2020

DPU - Delivered at Place Unloaded (named location) DPU means Delivered at Place Unloaded followed by a named location, under Inco Terms 2020.  The exporters and importers may mention detailed named place under their Sale contract by mentioning the year of Incoterms version to avoid disputes on delivery of goods.    Previous version of Inco terms (say Inco terms 2010, Incoterms 2000) also may be used, however the year of Incoterms  need to be incorporated un

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How to define CIP under Inco Terms 2020

CIP (Carriage and Insurance Paid to) (named Location) Under Inco Terms 2020, CIP stands for Carriage and Insurance Paid to a named place.  The detailed named place with year of Inco Terms rules may preferably mentioned in the sale agreement of goods between buyer and seller, so as to enable the buyer and seller for smooth handling of movement of goods in terms of risks of costs and damages.  It is recommended to use latest revision of Inco Terms 2020 by all exporters and imp

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What does CPT mean under Inco Terms 2020?

CPT – CARRIAGE PAID TO (named place) Under International Commercial Term 2020, CPT means Carriage Paid To, followed by named place.  The detailed named place with year of Inco Terms rules may preferably mentioned in the sale agreement of goods between buyer and seller, so as to enable the buyer and seller for smooth handling of movement of goods in terms of risks of costs and damages.   CPT (Carriage Paid To) terms of delivery known as one of the omini modal term

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