Choose the Perfect Product to Export in 6 simple steps

India has been engrossed in Export Import Trade since ancient times. In the year 2019, India exported goods worth $324.25 billion USD, to the world. Such heavy Bilateral trade makes India one of the fastest-growing economies in the world.
Indian businesses have flourished worldwide and Indian businessmen are recognized all around the world. Many goods and services are exported from India for many years.

India exports a gamut of, both, goods and services to the world. The most commonly exported goods are as follows: (The following data is true as of 2019)

  1. Mineral fuels including oil: US$44.1 billion (13.7% of total exports)
  2. Gems, precious metals: $36.7 billion (11.4%)
  3. Machinery including computers: $21.2 billion (6.6%)
  4. Organic chemicals: $18.3 billion (5.7%)
  5. Vehicles: $17.2 billion (5.3%)
  6. Pharmaceuticals: $16.1 billion (5%)
  7. Electrical machinery, equipment: $14.7 billion (4.5%)
  8. Iron, steel: $9.7 billion (3%)
  9. Clothing, accessories (not knit or crochet): $8.6 billion (2.7%)
  10. Knit or crochet clothing, accessories: $7.9 billion (2.5%)
Lets now get straight to the steps you need to follow to find a Perfect Export Product:
  • Find the Right Product:
Finding the right product is really the key to successful export. But selecting the right product is not as simple as it might look. There are many thighs to consider before you go ahead and finalize the product for export.
To select any product for export it is important to verify that the product is available in the local market both easily and abundantly.
The product you choose must be unique in a way that it creates hype in the minds of buyers all around the world. In short, the product must be trendy and fresh in the market not old fashioned or something in which very few people are interested.
Once you find a product that is easily available and trendy in the market, your first step is completed! 
  • Market Selection
Since you have already selected and finalized a product for export. Now it’s time to do some research about all the international markets where you could export your product.
Here it is important that you select a product that is in demand in more than one international market places.
It is also important to know the demand for your product in that market is not temporary. Knowing the political and geographical aspects of the target market also helps better selecting an export product.
  • Adaptability:
A product with huge demand in one market may not be needed at all in another. The reason for it may be anything like, physical condition, functional requirements, culture, tastes, skills and the level of development of that region. 
For a product to be successful in more than one international market places, is that the product must be able to suitably change according to the demand of the market. Such a change in design, colour, packaging etc is called Product Adaptability.
  • Growth Aspects:
Analyse the growth aspects of your business. You may be exporting a product to a particular region and earning a good sum. But exporting the same product to a different, or more receptive market may yield you more returns in the future.
Opposite to this situation may also take place where the importing country might not need the product or they may start producing the product and hence no longer require you to export that product.
Under such circumstances, it becomes important that you understand the requirement of the situation and increase or decrease the flow of your exporting product.
Will your product be able to withstand these changes? Will your product help support your exporting business? 
Answer to such questions becomes necessary when expanding your business to global levels.
  • Product Profitability
As a businessman, the choice of product should be such that its potential must be financially rewarding. Identify the economic source of the product, arrange to stock the same at the lowest price possible and ensure that your target audience is willing to pay the export price.
A good way would be to check the graph of the product in various international market places over a time period. Figure out if it is susceptible to seasons of periodic trends. 
Predict all the expanses related to the product such as cost, logistics, taxes, duties. Also, calculate the profit against the sale price.
  • Trade Regulations:
Every market place is governed by its own unique regulations. It is important to be well aware of the rules and regulations of the country where your export product is going to end up. 
While finding out the target market also try to look for rules your product will fall under. Make sure that your export product is not on the wrong side of the rules of that country. Find out the taxes and the heavy-duty the importing country is going to pay for your export product.
Knowing the target market’s trade relations with India, the exporting country can prove to be helpful.
  • Competition:
It is very difficult to deliver such a product in international market places where the export product faces no competition. Unless your product is unique there is a high chance that your product will face tough competition.
Under such circumstances, the USP of your product must be its quality and durability or must be available at a cheaper price than the competitor, or some combination of the above-mentioned reasons. 
Usually, a proper marketing strategy will take care of the situation but customizing your product is always a beneficial way.
All these factors will help you make a proper decision about the export product you want to select. It is very important that you select a product that will determine your long-lasting stability in international markets.
  • BONUS:
Make sure to promote your product as a unique product, even if the uniqueness is a small part of it.  
Try to choose universal products. Products that are needed all around the world have a better chance at establishing a stable Export Business.
  • Warnings:
Avoid exaggeration about the quality of the product and try to be as honest as possible about the product.
Keep in mind the standard of quality. The standard for quality in exporting country may not be the same in importing country.
This brings us to the end of this conversation. Have you enjoyed reading out Blog? Share your views in the comments.
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Top New Points You Must Be Aware About Export Import Policy In India

Indian Export Import Policy is filled with guidelines & Instructions related to the export import of goods. New Exim Policy covers the year From 2015 To 2020. The Government of India extended the existing Foreign Trade policy Due To the Pandemic. 

Let’s read more about every detail. 

“Some people dream of success, while others get up every morning and make it happen.”

–  Wayne Huizenga

The Government gives an update on exim policy every five years. All the updates & modifications in the existing policy gets implemented from the 1st of April of every respective year. The modifications & changes of exim policy are commonly announced by the union minister of commerce & industry & directorate general of foreign trade.

Objectives of export-import policy in India:

1) To help with the growth of both exports & imports.

2) To give essential intermediates, components, raw materials & capital goods schemes required for production & services. 

3) To advance & encourage the agricultural sector. Also, to generate employment opportunities & improve the quality standard. 

4) To provide clients with a sound quality of goods & services internationally at super competitive rates. 

Salient features of the new Indian export-import policy:

>> The Government of India has identified many new export products through various mediums which include agricultural  to marine products. 

>> Special Economic Zones were being established to encourage exports. One of the major objectives of SEZ is to provide a suitable atmosphere for exports. 

>> No more restrictions! The restrictions have been reduced as compared to the previous exim policies. This gives a boosted encouragement to all the exporters. 

>> Import Licenses process was being removed from major items. 

>> The Rupee was being made partly convertible. Sounds cool!

>> Overall, the new Indian export-import policy has very significant & systematic features on it’s bucket list. 

Importance of New Exim Policy in India

Any Policies made for a better future always sound cool. Here, the new Indian Export Import Policy is something very crucial. See, policies are being made to control & encourage with a particular objective in it. Also coming to India’s new exim Policy, focuses on various objectives. 

>> It boosts ‘Make In India Project.

>> It reduces export obligations for domestic procurement.

>> Forthcoming e-Governance initiatives 

>> Duty exemption

>> Quality Complaints & Trade Disputes 

>> Higher Level of Rewards 

>> New initiatives For EOUs, EHTPs & STPs 

>> Online inter-ministerial consultations 

>> Additional Ports allowed for export import 

Key Advise 

Many opportunities in the export-import business should never be missed as a trader. 


Export-Import is but a land full of opportunities. There is no stopping once you begin. Also on the other hand frauds too happen. To save them from such scams & to Guide each & every step towards their successful trade, digital exim is always there. The Banner of Digital Exim is Always high in the Export Import Industry no matter how many challenges come, we are never defeated! Call on 9505506333 to join Today! 

Steps to Find a Right Custom House Agent (CHA)

Custom House Agents commonly known as CHAs are responsible for overseeing all business transactions related to imports and exports at the customs office. These agents oversee the preparation for the entry and exit of shipments and maintain itemized, updated records of each transaction. You can learn more about Custom House Agents from the import-export course in Ahmedabad which provides you with brilliant import export services.   CHAs are also the holders of a legal license that must be renewed at a proper time interval. Customs house agents must sign all documents that are filed with them and cannot attempt, in any way, to sway the decisions of the customs officials.  Importers and Exporters appoint the customs house agents for the fast and efficient clearance of their goods. There are certain things you should know about customs house agents before you hire them.   

Role of Custom House Agent- 

  • Custom house agents are like legal advisers or lawyers, they will always help you determine the correct classification of your goods and this helps you to dodge the customs process. 
  • In the process of every import or export, CHA will handle all the formalities and formalities of customs.   
  • The agents will interface with all officials on your behalf to ensure that all formalities are completed smoothly.  
  • As custom house agents, they are legally obligated to perform their duties fairly and efficiently.  
  • CHAs are also responsible for keeping records and keeping accurate records of all the documents they have filed and the procedures they have followed. 

How to find the right Custom House Agent for you- 

CHA plays an important role in your business. So, choosing the right CHA can be tough sometimes. Here are some steps you should consider while selecting the right CHA-  

1 Experience in the field-

See how much he/she is experienced in the field. More the experience more effective the work is. Professionals with experience can provide necessary and specific documents to ease the flow of goods overseas.  

2 Dedication towards work-

To perform any job you need dedication towards your work. The job of a dedicated customs broker is largely about customs compliance and facilitating complex trade. 

3 Positive feedback-

People always appreciate good work. It is easy to trust clearance agents who have positive feedback from previous customers since good work comes with good references.    

4 Validated customs brokers-

Be sure to select CHAs with a legal license for their practice and approval by the administration to avoid fraud. Additionally, they must possess all the necessary technical resources, have a customs permit, and provide all other necessary documentation. 

5 Cost-effective-

A professional should be able to draw an agreement that benefits both parties, especially since you should not face losses under any given circumstance. Furthermore, the contract should include all the information regarding pricing, mode of shipment, schedules, ports, etc. 

6 Knowledge about work-

Having a specialist who knows the specifics of the cargo type as well as being able to manage the volume of the cargo will be very helpful. 


Ensure that the commissions and fees charged by the agent are by the laws and regulations as described in the law. The agent must ensure that the information provided to the client is accurate and by the regulations and legal provisions. You can learn about the export import business with Digital Exim. International import and export are a wide area and to make it easy for you we have come up with a live free webinar for you all. Join the link given below to attend the webinar.   https://chat.whatsapp.com/Bqz4SWH55nSGtKj3GnJAC8  Do reach out to our website for more info!   

What Is Port Of Discharge And Place Of Delivery 

Terms like these are generally found in sale contracts of exporters and importer, a shipping company that transports cargo, and other related documents. Join import-export consultancy services and learn more about shipping & logistics.  For Example- It is unlikely that your overseas buyer will be able to pick up your shipment at the discharge port. In every country, there are customs-controlled cargo freight stations. Once the cargo arrives at the discharge port, it can be moved to your nearest freight station and you can complete the import customs requirements there. When specifying the delivery place with the supplier, make sure to specify it in the contract.  In other words, the carrier picks up the freight amount and de-stuffs the cargo at the spot of delivery, where the customs department functions. These arrangements are usually made by rail or road movement.  The ‘Port of Discharge’ is the destination port of a vessel or flight for discharging goods.  Importers may complete customs procedures at ports of discharge once the cargo has been unloaded, or they may arrange for the cargo to be transported to the nearest freight station where customs offices are located. Your carrier may arrange to transport your cargo to the location by rail or by road.  Did you like our article? Do share your feedback and experience.   The above information is a part of the Digital Exim Online Training Course.   

For More Knowledge Read Our Article On-

Different Types of Export Containers What is FCL in Export Import? Steps to Become Successful in Trade for Start-ups What is a Mother Vessel and Feeder Vessel  What is co-loading? What is ICD? 

What is SWOT Analysis and Why it is Important for Business? 

Role of the Indian Embassy in Export Import 

What is a Bill of Exchange? What is a Letter of Credit? 

What is a Bill of Lading? 

What is High Sea Sales?  What Does DGFT Grant to Indian Importers & Exporters? What is Registration Cum Membership Certificate? What is DGFT and Its Role? 

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Importance of WAREHOUSE for International Traders

India is a land surrounded by oceans in the peninsular regions. This makes up a majority of the land’s surface. Export-import trade relies a lot on a continuous flow of the supply chain, which stands true for most businesses. A warehouse is a key factor to keep the supply chain effective!
Let’s first see what is a warehouse. So if we go by the definition, a warehouse is a large building where raw materials or manufactured goods may be stored before their distribution for sale. 
About a decade ago, the term “warehouse” would conjure images of dusty godowns – buildings of an undefined shape located in the outer limits of cities, structures with no more than 4 walls, stacked haphazardly with inventory from floor to ceiling. Fast forward to 2020, and warehousing is not only a highly sought-after sub-set of the commercial real estate asset class but is also a pivotal part of India’s logistics sector.
However, there are still many warehouses that are old and dingy in which goods can neither be stored properly nor be secured adequately. It is estimated that India will draw a whopping $10 billion investment through the warehousing and logistics industry in the coming years, thereby, fostering the demand for smart assets.
With India running towards the development of new technology and efficient management processes, warehouses are not untouched. Companies like Amazon are managing warehouses very effectively and it is a lesson every conventional warehouse owner must learn.
For any supply chain to work properly it becomes inevitable that the warehouses are in good shape and the goods stored there are safe and secured.
Here’s a list of Smart Warehouse features that if implanted properly will exponentially increase the efficiency of the supply chain.
  • Automatic Gate management:
A contactless Gate management system can track not only the vehicles passing to and for but also the visitors and employees through mobility apps. Applications can also be developed that can provide one-stop access and billing requests, electricity and water consumption, among many other features.
  • Introduction of Robotics and Virtual AI Tours:
The introduction of Robotics and automation could prove to be next-generation work for industrial and logistics across India. This will help companies who want to start operations in India to make their business decisions significantly faster and thereby go to market faster.
Automation will help clients reduce their operating costs and optimise their inventory and workforce, thereby gaining a competitive advantage in their industry.
A virtual tour gives a 360-degree view of the park and will provide a real-time experience of the warehouses. In this current situation, this Virtual tour may prove to be beneficial for the safety of the working staff and other visitors.
  • Keeping pandemic guidelines in mind:
The new Warehouse system should provide ready infrastructure to achieve the required operational facilities. From implementing contactless visitor management systems to security cabins equipped with temperature guns for daily screening, and features that ensure elevator buttons are pushed without contact and foot-operated hand-wash set-up. 
It must be assured that both the employees and visitors are safe along with the goods stored there.
To include these smart and futuristic features in the warehouse, an overall warehouse management system must also be formulated.
Given that, we bring to you three exceptional warehousing technologies that are constructively shaping the warehousing sector of India and are sure to beget even more fruitful results shortly. 
  • Warehouse Management System:
A consolidated software that smartly manages every critical process of a warehouse cover to cover, a WMS provides the members of the supply chain with a detailed working view besides prominent real-time data.
 A much-needed contrivance, it perfectly enhances the autonomous processes, delivering advantages like real-time access that improves discernibility, precise demand projecting, competent labour division, simplified internal processes, inventory and pick exactitude, and great supplier and customer associations among many others.
  • Inventory Control System:
From automatically tracking huge shipments to ensuring stringent quality control, an autonomous Inventory Control System is a must-have for the rapidly growing warehousing sector.
 A lot of warehouses still rely on pen and paper to figure out their inventory logging. Not only are these manual processes highly susceptible to errors but also cumbersome. Inventory Control Systems, on the other hand, include software and hardware that automatically manage the process of tracking inventory.
 Based on the advanced wireless barcode technology, these systems function in real time and facilitate tracking of orders and shipments in a warehouse. It also enables systematized order processing and provides the most accurate reports that can be conveniently retrieved anywhere, anytime.
  • IoT Implementation:
The Internet of Things (IoT) is taking the world by storm and rightfully so. To meet the growing requisites, the Indian warehousing sector is gradually shifting to IoT. 
Levelling up inventory management in a warehouse, IoT not only implements drones to foster productivity by reducing risks but also leverages automated guided vehicles that do not require any human interference.
 Moreover, with advanced blockchain technology facilitated by IoT, inventory managers can have the required discernibility and make the most pre-emptive decisions as well as predict demand-based data logs.
Other benefits of IoT-facilitated technologies include accurate measurement of conditions like temperature and moisture (using sensors), enhanced protection and reduction in the events of theft and forgery synchronisation of data for easy accessibility, improved labour planning and many more.
The past decade has witnessed logistics and supply chain management assume the role of a profit driver instead of an ‘overhead cost’. Therefore, many businesses such as e-commerce and manufacturing etc. have started outsourcing a major portion of their operations to warehousing companies. 
This has further increased the demand for a more systematic approach expedited by smart technologies. Cloud-based management services besides mechanised equipment assisted by IoT can no longer be considered discretionary. 
With growing demand, supply chain management transparency has become indispensable and can be achieved by employing automated systems that are flexible and contribute tremendously to the dynamic supply chain, without losing on the client-focused, service approach.
With enhanced exposure in the global market, large-scale domestic and international investments and advanced technological innovation, the future of warehousing and the supply chain are all set to witness the best in emerging technologies.
All this can be done if only the willingness and technology are established and maintained. 

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What is Mother Vessel and Feeder Vessel  

There are many terms used in the shipping industry that we don’t completely understand. For example, one of the shipping terms we hear a lot is “feeder vessel” and “mother vessel“. These terms refer to two types of shipping vessels that are part of vessel carrying networks. This topic is a part of our import export management course.  

Feeder Vessel-  

Basically, feeder vessels ferry cargo from smaller ports to larger ports for export and from large main ports to smaller ports for import.   Feeder vessels are normally smaller than mother vessels and serves between small ports and major ports. Feeder vessels are also slower than mother vessels.  A feeder vessel typically has a capacity of 300 to 500 TEUs (20′ containers). Feeder vessels generally serve short distances, either between smaller ports or between smaller ports and major ports. 

Mother Vessel- 

As compared to feeder vessels, mother vessels are bigger. Mother vessels only sail between the major big ports. Mother vessels are capable of carrying thousands of containers. Mother vessels only cruise the main ports. In comparison to the feeder vessel, the mother vessel covers a greater distance.  A Mother Vessel has an average capacity of 10000 TEUs (Twenty-foot Equipment Units). In 1960s, a vessel could only carry 500 – 800 TEUs. Today, vessels with a capacity of 15000 TEUs are available.  Have you figured out what a Mother vessel and Feeder vessel are? Join our online import export course and know more. Comment below your thoughts on this article.    For More Knowledge Read Our Article On- What is ICD? What is Registration Cum Membership Certificate? What is DGFT and Its Role? What is Bill of Exchange? What is a Letter of Credit? 

What is Bill of Lading? 

What is High Sea Sales? 

What is SWOT Analysis and Why it is Important for Business?

Role of Indian Embassy in Export Import

What Does DGFT Grant to Indian Importers & Exporters?

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What is ICD? 

ICD stands for Inland Container Depots. They are located inland and far from seaports. ICD is a term used in Indian trade to describe imports and exports of goods from the sea. ICD is a way for importers and exporters to manage their shipments close to where they live. Join our advanced export import management course and learn more about ICD.    The Inland Container Depot (ICD) helps importers and exporters save time and money in procedures and formalities if the seaport is far away from their places of business. Get our export-import training program and learn more about international trade.   To facilitate exporters and importers, Inland Container Depot (ICD) combines the services of sea custodians, customs departments, carriers, freight forwarders, customs brokers, etc.  Many countries also use ICD as a dry port or a container freight station.  Exporters can place their cargo inside the containers at ICDs before they are sent to the ports and loaded onto the ships. ICDs store containers temporarily until they can be moved to the ports for loading.   In addition to providing storage, ICDs can also facilitate export and import customs clearances, as all the services provided by ports can also be obtained by ICDs that are located away from ports.  The above information is a part of the Digital Exim Online Training Course.

For More Knowledge Read Our Article On- 

What is ICD? What is Registration Cum Membership Certificate? What is DGFT and Its Role? What is Bill of Exchange? What is a Letter of Credit? 

What is Bill of Lading? 

What is High Sea Sales? 

What is SWOT Analysis and Why it is Important for Business?

Role of Indian Embassy in Export Import

What Does DGFT Grant to Indian Importers & Exporters?

Watch Our YouTube Videos On-


Export Milk from India

India is overflowing with Milk and Honey. People of India not only indulged in the consumption of these products but also dedicated themselves to the increased production of milk. Export Import Trade embraced the export of milk from India since 1995. 
Ever since the White Revolution in India, the milk and dairy industry has been flourishing. Indian Leaders realized the potential of milk and other dairy products and started exporting to the countries of the world. 
As the world crisis for milk and other dairy products increased India’s supplies of the same too increased. In the year 2000 milk export saw a huge hike and that encouraged to export more and earn more for the Indian dairy industry.
India exports milk to more than 15 countries but the neighbouring countries have the biggest advantage. India is located among the milk-deficit countries in Asia hence further increasing milk and dairy export.

Here are the top 5 countries India exports milk to:

  • Bangladesh – 8.3 Cr – 6 k Tons
  • Bhutan – 6 Cr – 1.8 k Tons
  • Afghanistan – 3.8 cr – 2 k Tons
  • Nepal – 3.27 Cr – 1.2 Tons
  • Pakistan – 1 Cr – 822 Tons
The advantage of exporting to neighboring countries is that fresh milk can be exported and the transport is comparatively easy. Milk powder and other dairy products are also exported and yield huge returns.
Local milk sellers can also grab the opportunity and think about expanding their local business to international levels. The local milk sellers can become international traders if proper planning and management are done.
The countries in the European Union are also huge importers of milk from India. Indian milk is in demand all over the world. Indian leaders must come up with ideas and proper management to increase milk production in India and also simultaneously increase exports.

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Understanding Incoterms

Many Export Import Courses in India, in their technical teachings of Export Import Trade, focuses on Incoterms yet fail to make it simple. International trade is incomplete without Incoterms. Incoterms are the basic principle on which the Export Import Trade of the whole world runs smoothly.
Since Incoterms are so important that they can not be avoided, we decided to shed some light on the topic and make it simpler to understand. 

Let us begin with a definition of Incoterms:

The International Chamber of Commerce, widely known as ICC, published a set of International Commercial Terms, more frequently known as Incoterms, to facilitate commerce around the world.
Incoterms are norms for determining the responsibilities of buyers and sellers for the delivery of goods under sales contracts for international trade. These are independent of the price determined for any product by Exporter, as they are only a part of the whole export contract. 
Incoterms are also independent of the method of payment that will be used in the transaction. Changes in the Incoterms were made in 2020, and according to these changes, transfer of ownership of the goods, breach of contract or product liability; all of these issues need to be considered in the contract of sale. Also, Incoterms 2020 rules can’t override any local country laws.
  • The inception of Incoterms:
The concept of Incoterms came into existence because the difference in trading practices and legal interpretations between traders of different countries necessitated a common set of rules.
Incoterms were first conceived by the ICC in 1921, and the first Incoterms rules were created in 1936. They were officially designated as Incoterms in 1936. Since then, Incoterms have evolved into a codified worldwide contractual standard. They are periodically updated when international trade events require attention. Amendments and additions were made in 1953, 1967, 1976, 1980, 2000, 2010 and 2020. 
It was no small task to make such terms and put them into practice. The international trade terms were decided by 13 ICC commissions made up of private-sector experts from across the world. These individuals specialize in everything from fields of immediate concern to international business. 
These Incoterms are not only widely accepted but also put into practice by traders around the world. 
If and when needed, the incoterms rules are changed and redefined. How are the incoterms changed and why does it happen is mentioned below.
The Incoterms 2020 drafting group, led by co-chairs Christoph Martin Radtke and David Lowe, was in charge of revising the Incoterms rules. This group is formed by experts from various nationalities chosen for their extraordinary contribution to international commercial law and to the International Chamber of Commerce over the years.
After the drafting group made its revisions, the revised drafts were circulated broadly and internationally through ICC National Committees, with the resulting comments and suggestions channelled back to the drafting group.
The final draft, once approved by the ICC Commission on Commercial Law and Practice, was submitted for adoption by the ICC Executive Board.
This broad, international consultation aimed to ensure that official ICC products possess an authority, representing the true consensus of the world business community.
What does it mean when the following terms are used!
  • EXW:
The seller fulfils its obligations by having the goods available for the buyer to pick up at its premises or another named place (i.e. factory, warehouse, etc.) on a date agreed upon by both parties or within an agreed-upon timeframe.
With Ex Works, the buyer bears all risk and costs starting when the goods are made available to the buyer at the seller’s location or other named place until the products are delivered to its location. The seller has no obligation to load the goods or clear them for export. 
  • FCA:
The seller is responsible for either making the goods available at its own premises or at a pre-decided place. In either case, the exporter is responsible for loading the goods on the buyer’s transport and is responsible for delivery to the port and export clearance including security requirements. Risk is transferred once the goods are loaded on the buyer’s transport.
Problems occurred when previously sellers had to load goods on transport, especially when the exporter and had agreed on using a letter of credit as the payment method for this transaction, banks often require the seller to present a bill of lading with an on-board notation before they can get paid.
  • CPT:
Seller clears the goods for export and delivers them to the carrier or another person stipulated by the seller at a named place of shipment. Seller is responsible for the international transportation costs associated with delivering goods to the named foreign place of destination.
The transfer of risk, on the other hand, transfers from the seller to the buyer as soon as the goods are delivered to the international carrier. 
  • CIP:
Seller clears the goods for export and delivers them to the carrier or another person stipulated by the seller at a named place of shipment, at which point risk transfers to the buyer. Seller is responsible for the transportation costs associated with delivering goods and procuring insurance coverage to the named place.
  • DAP:
DAP means the buyer is responsible for all costs and risks associated with unloading the goods and clearing customs to import the goods into the named country of destination. Seller clears the goods for export and bears all risks and costs associated with delivering the goods to the named foreign destination not unloaded.
  • DUP:
DPU is very similar to DAP except that the seller must pay for unlading the goods. Like DAP, the seller clears the goods for export and bears all risks and costs associated with delivering the goods to the named place, which can be a port or other named location in the foreign destination. The buyer is responsible for all costs and risks from this point forward including clearing the goods for import at the named country of destination.
  • DDP:
According to the changes made in 2020 DDP Incoterms means the seller bears all risks and costs associated with delivering the goods to the named place of destination ready for unloading and cleared for import.
  • FAS: 
Free Alongside Ship, in this sellers, clear the goods for export and delivers them when they are placed alongside the vessel at the named port of shipment. Buyer assumes all risks/costs for goods from this point forward. This is not a commonly used term except for goods that may be difficult to load.
  • FOB: 
Seller clears the goods for export and delivers them when they are onboard the vessel at the named port of shipment. Buyer assumes all risks and costs for goods from this moment forward.
  • CFR:
Seller clears the goods for export and delivers them when they are onboard the vessel at the port of shipment. The seller bears the cost of freight to the named port of destination. Buyer assumes all risks for the goods from the time the goods have been delivered on board the vessel at the port of shipment.
  • CIF:
Seller clears the goods for export and delivers them when they are onboard the vessel at the port of shipment. The seller bears the cost of freight and insurance to the named port of destination. 
Incoterms are meant to aid your export and let you know what your liability is and to what extend! Follow the incoterms and let them guide you towards successful trade.
Export Import trade depends upon many things and the knowledge of incoterms must be incorporated if you intend to be knowledgeable in the industry. If you are an Exporter or a buyer, the knowledge of the basics of logistics, shipping, transportation is a must.
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Navigating Domestic Market Competition: Unleashing Export-Import Success with Digital Exim’s Guaranteed 18-Week Program

In the world of business, competition is the driving force that compels companies to innovate, optimize, and excel. The domestic market, though essential for any business, is often characterized by intense rivalry. As businesses strive to capture market share, explore growth avenues, and expand their horizons, exporting and importing goods become promising strategies. This article delves into the challenges of domestic market competition and how Digital Exim’s groundbreaking 18-Week Guaranteed Export program offers a compelling solution to budding entrepreneurs.

The Landscape of Domestic Market Competition

In the realm of domestic business, competition is omnipresent. From established giants to emerging startups, companies vie for consumer attention, market share, and profitability. With limited domestic growth prospects, businesses often find themselves in a fierce battle to attract and retain customers. Shrinking profit margins and saturating markets prompt entrepreneurs to seek alternative paths to sustainable growth.

The Export-Import Advantage

In this context, export and import activities emerge as a beacon of opportunity. The global market offers a much larger canvas, teeming with untapped markets, diverse consumer bases, and new revenue streams. Exporting allows businesses to leverage their strengths, innovations, and unique products to cater to an international audience. Conversely, importing introduces novel products, technologies, and ideas to the domestic market, bolstering its competitiveness.

Logistics and Documentation: Navigating the logistics and documentation maze is critical in export-import operations. The program equips participants with knowledge about shipping, customs, tariffs, and necessary paperwork.

Marketing and Branding: Establishing a strong brand presence in foreign markets requires effective marketing strategies. Entrepreneurs learn to position their products, create impactful marketing campaigns, and engage with global audiences.

Negotiation and Contracts: Successful international trade hinges on effective negotiation and solid contractual agreements. The program imparts negotiation skills and legal insights to secure favorable terms.

Digital Tools and Technology: In the modern age, digital tools can streamline operations and enhance efficiency. Digital Exim introduces participants to innovative technologies that simplify export-import processes.

One of the standout features of Digital Exim’s program is its promise of Guaranteed Export within 18 weeks. This commitment is backed by a combination of meticulous planning, industry expertise, and an extensive network of international partners. The program’s structured approach minimizes risks and uncertainties, ensuring that participants make tangible progress within the stipulated timeframe.

Direct EXIM Trade

About KTD Ambica Group

33+ Years Experience
1000+ crore Cargo handled
15000+ Clients Consulted
30+ Countries network