14 Apr What should I Know about the country I intend to export my goods to?
Posted at 17:43h
in
Before making your first shipment to any country, the following factors must be critically assessed:
- Demographics of the country including the distribution of population age and income
- Per capita income, rate of economic growth, and stages of economic development
- Political stability, rule of law, regulations, ease of doing business
- Culture and business practices
- Market entry, taxes, duties, import licenses, and inspection
- Infrastructure, ease of moving products, communication, roads, ports, and airports