With the world now a global marketplace, there are plenty of opportunities for businesses in the 21st century to sell products outside their geographic reach.
However, the export ecosystem can be complex, with numerous rules and regulations that may trip up the inexperienced entrepreneur.
With this in mind, DHL India has put together some advice in an article for the Economic Times on making the export process hassle-free and smoothly navigating the waters of international trade.
First, it urged businesses to always have compliance at the forefront of their minds. International regulations concerning exports may be very different from selling domestically and it is vital to comply with them to avoid having shipments withheld or issued with penalties.
Another top tip was keeping paperwork organised and in order, as this will help with the clearance of shipments across borders. It will also be invaluable should spot-checks from regulators occur.
DHL also warned anyone thinking of selling products abroad that some may have specific instructions governing their shipment - for example, pharmaceutical items might need particular labels or be subject to limitations. Being aware of these is going to be essential in sticking to export rules.
Finally, the company stressed that under no circumstances is ignorance bliss, because simply ignoring export control is likely to result in denial of entry into the shipment market at the very least.
At most, it could result in products being seized, penalties issued and even prosecution, which no company can afford to risk.
At MIC, we know how intricate international and regional customs and export control requirements can be, and we agree with the advice and warnings issued above.
However, don't let it put you off exploring your potential in other markets. Our software can help you because it takes into account regulations in more than 55 countries on six continents, ensuring your compliance while also saving you time and money.
Just check out our product pages for more information, or contact the experts at one of our many locations worldwide.