In International Trade: A commodity code is a series of numbers used to identify products that are being imported or exported from the UK. The code is generally ten digits long for imports coming from outside the EU but for exports the first eight digits are sufficient. Once you have the commodity code for your
In Export Documentation: A Packing List (PL) is a shipping document used during international trade activities. It includes information about the contents of the package and is usually contained in a waterproof packet, attached to the outside of the shipment. It commonly includes information such as: Quantity Description Weight Pricing information is not required. When
Looking for customers in an International Trade Market is seen by many to be more trouble than it’s worth. It’s far better to stick to the demands of the domestic market, right? WRONG. Going global could save your business, and here are seven reasons why. 1 World: a much smaller place Take advantage of cheaper
‘Incoterms’ are Delivery Terms in the sense that they outline, in detail, what is required to be done by both parties. The handling location is the location that has been chosen to effect the ‘exchange’ of goods, which denotes delivery and the taking thereof. By applying the ICC Incoterms it is now possible to identify
