EXPORTS

Submitted ByThe Invincible (Group

06)

Group Members

Exports

• The term export means shipping the goods and services out of the port of a country

• Products of local origin sold to other countries

• Selling goods and services produced in the home country to other markets

Export Department

• Export order may require special procedures in manufacturing, credit checking, insuring, packing, shipping and collection.

• As export orders increase, the handling of orders becomes more routine.

• It is necessary to interface with freight forwarders, banks, packing companies, steamship lines, airlines, translators, government agencies, domestic transportation companies and attorneys.

Methods of Exports

• through mail• hand-delivered• shipped by air• shipped by vessel• uploaded to an internet site• downloaded from an internet site

Ways of Exporting • Direct selling in export strategy

• Direct selling through distributors

• Direct selling through foreign retailers and end users

• Indirect selling

Prohibited or Restricted Goods may vary from Country to Country, but a few

include• Drugs• Weapons• Agricultural and Industrial Chemicals• Alcoholic beverages• Dangerous goods• Banknotes • Artefacts and culturally important

items• Plants and animals

Import and export documentation requirements

• bills of lading• Invoices• packing lists• certificates of origin• copies of letters of credit • insurance certificates.

Parties to the International Shipping Transaction

Often a number of businesses have temporary control over cargo and therefore have responsibility for its processing, handling, integrity and/or movement. The following parties are often involved in an export shipment:

• Exporter• Freight Forwarder• Non-Vessel Operating Common Carrier (NVOCC)• Inland Carrier• Terminal Operators• Ocean Carrier• Air Carrier• Customs Inspectors• Customs Brokers

Exporting Procedure • International trade regulations• Export declarations• Export permits• Delivering products• Freight forwarders and brokers• Packing goods• Labels and marks• Transportation insurance• Export documentation• Duty deferral and duty relief• Delivering services

Export Department

1. Role2. Function/Operation Statement3. Organization chart4. job description5. Initial and periodic Training6. procedures for disseminating current

Regulatory development information

Export Procedures

• Preliminary considerations• Formation of sales agreement• List of existing agents and distributors• List of freight forwarders, steamship companies,

insurance brokers, packing companies and attorneys

• Collection and banking procedures (L.O.C, Drafts)• Record keeping compliance

Export documents • Quotations, costing sheets• Purchase order acknowledgement • purchase order acceptances• Invoices• Shipper’s export declaration• Power of attorney• Shipper’s letter of instruction• Bill of lading• Packing lists• Inspection certificates• Insurance certificates• Dock and warehouse receipts• Consular invoice• Certificates of origin• Delivery instructions• Declaration of dangerous goods (if applicable)

Export Licenses

• Procedures for determining applicability of regulations, including exemptions.

• Procedures for monitoring changes in products.

• Procedures for monitoring changes in to denied persons and designated national lists and customers.

• Procedures for applying for export licenses

Pakistani Products Exported

• Rice• Fruits & Vegetables • Spices• Fish• Chemical &

Pharmaceutical • Sports Goods• Surgical Instruments

Pakistani Products Exported• Raw Cotton/ Cotton Yarn• Knitted Fabrics of Cotton• Ready-made Garments• Towels• Carpets & Rugs• Leather/ Leather

Garments• MACHINERY

Export/Trade Barriers

• StrategicInternational agreements limit trade in, and the transfer of, certain types of goods and information

• TariffsTariff is a tax placed on a specific good or set of goods

exported from or imported to a country

• SubsidiesA governmental providing supplemental financial support to manipulate the price below market value

List of Countries by Exports Top Ten Since August 2012

Rank Country Exports Date ofinformation

— World $17,779,000,000,000 2011 est.1 China $ 2,210,000,000,000 2013 est

— European Union $ 2,173,000,000,000 2011 est.2 United States $ 1,575,000,000,000 2013 est.3 Germany $ 1,493,000,000,000 2013 est.4 Japan $ 697,000,000,000 2013 est.5 France $ 570,100,000,000 2013 est.6 South Korea $ 557,300,000,000 2013 est.7 Netherlands $ 551,500,000,000 2013 est.8 Russia $ 515,000,000,000 2013 est.— Hong Kong $ 486,100,000,000 2013 est.9 United Kingdom $ 475,700,000,000 2013 est.10 Italy $ 474,000,000,000 2013 est.

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