How To Export

• Get Prepared

Before entering export trade, it is essential to understand the stages of exporting. Plan ahead to handle all types of risks, familiarize yourself with your country’s foreign trade policies and the entire legal framework. Learn the basic requirements of the export business.
• Choose Your Business Type

Decide whether you want to be:

1. Manufacturer Exporter – who manufactures and exports goods directly.
2. Merchant Exporter – who purchases goods from manufacturers and then exports them.

• Organize Your Export Firm

Set up your export business in a legal structure that suits your needs. You can choose from:

1. Sole proprietorship
2. Partnership firm
3. Private limited company
4. Public limited company

• Choose Your Product

Selecting the right product is critical. Look for a product that:

1. Has high demand in international markets
2. Is easily available
3. Is simple to adapt to foreign requirements

• Choose Your Target Market

Carefully select your target market after thorough research. It is advisable to visit the market to understand:

1. Local consumer preferences
2. Market trends
3. Cultural factors that may affect demand

• Find Buyers

1. You can find international buyers through: Trade fairs and exhibitions
2. Buying agents
3. Online platforms and export directories

Create a professional website to showcase your products and submit your company profile to export directories.

• Execute the Order

Once you receive an export order:

1. If you are a manufacturer exporter, manufacture the goods as per specifications.
2. If you are a merchant exporter, procure the goods from reliable manufacturers.

• Pack the Goods

Packaging is a vital aspect of export trade. Discuss packaging and labeling requirements with your buyer and pack the goods accordingly to meet their expectations.

• Arrange Pre-Shipment Inspection

If your product falls under the category of compulsory pre-shipment inspection, you must get it inspected before shipping. This ensures smooth customs clearance.
• Prepare Export Documents

Documentation plays a crucial role. Prepare all export documents carefully and correctly. Submit these documents to:

1. Customs authorities for clearance of goods
2. Banks for processing payment

• Customs Clearance

Get your goods cleared by the customs department. You may use the services of clearing and forwarding (C&F) agents to handle this process efficiently.
• Ship the Goods

Book space with a shipping line or airline for transporting your goods. Clearing and forwarding agents can assist you with logistics and documentation.
• Submit Documents to Bank

Finally, submit the required export documents to your bank. The bank will send these documents to your buyer’s bank and facilitate payment as per your trade terms.