Making the jump to international shipping is a huge step in the life cycle of any small business. By introducing your goods to an overseas market, you take a calculated risk that has the potential to utterly change the course of your company’s future.
Crucial Questions When Importing To Or Exporting From The USWhether importing or exporting to any of hundreds of international markets, it is critical that you work with someone who has the experience and backing to help you reduce the hassle, cost and time spent processing your shipments. When selecting a shipping partner, here are five crucial questions to ask.
Commercial Invoice and EEIWhen shipping goods internationally a commercial invoice is required by most countries for non-document shipments. If your goods are valued over $2500usd an ITN # will need to be issued by filing your export information with the US government.
We often receive questions surrounding common documentation required when exporting from the US. The following shipping documents are commonly used in exporting, but specific requirements vary by destination and product. Shippers Electronic Export Information (EEI).
ATA Carnet (Temporary Admission or Merchandise Passport) is an international customs document that simplifies customs procedures by using it as the entry document in place of customs documents for temporary importations. A Carnet is not always needed for temporary entry but when used for the right situation when shipping internationally is very useful.
Whether you need an export license or not, it will be determined by the nature of the goods being exported, the destination concerned and the ultimate end-use of the goods. You may classify the item using the Commerce Control List (CCL) or write to the Bureau of Industry and Security (BIS) for a commodity classification rulingIf a particular item is classifiable on the CCL, it likely will require a license for export, or re-export only to certain designated countriesItems not specified on the CCL may generally be shipped without a license unless they are destined to an embargoed country, to an end-user of concern, or for restricted end-useIf your item requires a license to be exported, you must apply to BIS for an export license.