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6 Common Mistakes in the Import & Export Business

May 11, 2018

In the import-export industry, you can use your individual competitive advantages to serve as a matchmaker or middleman for companies in your locality.Being an import-export merchant means buying merchandise from a manufacturer – foreign or domestic – then reselling those goods around the world. Although this kind of venture might seem complicated at first, one can efficiently build wealth from it given that he/she posses the right skills and knowledge about international trade.As soon as an import-export business starts operating internationally, there are many additional factors which can have a big impact on its success. Exporting and importing goods are not just the backbone of any large, successful companies; it is actually the core that helps national economies grow and expand.To run an efficient and successful import-export business, there are some pitfalls which you need to be aware of. To find out what these pitfalls are, check out this infographic from Excelsior Worldwide Logistics which discusses the common mistakes in import and export business.

Spotlight

Ocean Container Services LTD

Ocean Container Services Ltd (OCS) has been operating on the market since 1999. The company has the reputation as a reliable and highly professional business partner. OCS is an agent of Hapag-Lloyd AG - one of the world's leading container shipping carriers. Apart from agency services, OCS offers additional services for Hapag-Lloyd AG customers - multimodal container transportation of container to "door", import and export formalities (in selected countries) as well as shipping agency services at the major Baltic ports.

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6 Common Mistakes in the Import & Export Business