What should I Know about the country I intend to export my goods to?

14 Apr What should I Know about the country I intend to export my goods to?

Posted at 17:43h in by

Before making your first shipment to any country, the following factors must be critically assessed:

 

  1. Demographics of the country including the distribution of population age and income
  2. Per capita income, rate of economic growth, and stages of economic development
  3. Political stability, rule of law, regulations, ease of doing business
  4. Culture and business practices
  5. Market entry, taxes, duties, import licenses, and inspection
  6. Infrastructure, ease of moving products, communication, roads, ports, and airports