IMPORT AND EXPORT

Our Sectors

EXPORTS OF EUROPE

Spain, US, Germany, UK, Italy, the Netherlands, and France are top export destinations across Europe. Petroleum products, chemicals, cars, leather, food, beverages, and medication are among products which are sent to various countries from Europe and also from other continents. According to numbers and statistics, about $ 2.25 billion has been registered for the exports of leather footwear and around $ 3 billion represents the refined petroleum exports.

IMPORTS OF EUROPE

Vehicle parts, textiles, industrial machinery, natural gas, agricultural products, chemical, and plastics are significant
products imported from outside of Europe.

Why open an import and export company in Europe?

We help you with all your license and legal formalities to get you started. The country is an old trading partner of numerous countries worldwide, due to its excellent geographic location with exits at the Atlantic Ocean. The infrastructure is well developed and numerous projects have been adopted in this important sector which will help your trading businesses grow.

BENEFITS OF IMPORTING

When people talk about importing in terms of trade, they refer to purchasing products or services from another country. These products or services are then offered to customers by the importing business or individual, broadening their choice of purchase. However, this is not the only benefit of importing; there are many more to consider. Here are some of them.

1. INTRODUCING NEW PRODUCTS TO THE MARKET

Many businesses in Asia tend to produce goods for the European and American market. This is mostly due to the size of these markets and the purchasing power of the population there. But once a new product is introduced to these two markets, it may take a year or more before the product is introduced to other, smaller markets. If a product produced in India seems attractive/useful to entrepreneurs in Australia, they can import it and introduce it to their potential consumers. Thanks to the internet expansion, entrepreneurs can conduct market research prior to importing a certain product. This will help them determine if there is an actual need on the market, so they can develop an effective marketing strategy in advance.

2. REDUCING COSTS

Another major benefit of importing is the reduction in manufacturing costs. Many businesses today find importing products, parts of products and resources more affordable than producing them locally. There are numerous cases when entrepreneurs find products of good quality which are inexpensive even when the overall import expenses are included. So instead of investing in modern, expensive machinery, entrepreneurs choose to import goods and reduce their costs. In most cases, they end up ordering large quantities in order to get a better price and minimize the costs.

3. BECOMING A LEADER IN THE INDUSTRY

One of the key benefits of importing products is the opportunity to become a leader in the industry of interest. Since manufacturing new and improved products is a never-ending process, many businesses worldwide use the chance to import new and unique products before their competitors do. Being the first to import a fresh product can easily lead you to becoming a leader in a certain industry.

4. PROVIDING HIGH QUALITY PRODUCTS

Another benefit of importing is related to the ability to market products of high quality. Lots of successful entrepreneurs travel abroad to visit factories and other highly professional sellers in order to find high quality products and import them into their own country. Moreover, manufacturers may provide informative courses and training, as well as introduce standards and practices to ensure the company abroad is well prepared to sell their products. If you choose to base your business on importing products, chances are you are going to get high quality products. This is due to the fact that manufacturing businesses are very aware that their reputation largely depends on the quality of the items they produce. This is a reason more to consider importing the essence of your new business.

BENEFITS OF EXPORTING

Just as there is a variety of benefits of importing products and services, there are numerous reasons for exporting, too. Here are the two key benefits of exporting products to other countries

1. INCREASING YOUR SALES POTENTIAL

Importing products can help businesses reduce costs; can ensure increasing sales and sales potential in general. Businesses that focus on exporting expand their vision and markets regionally, internationally or even globally. Instead of earning money by selling their offerings on the local market, these businesses are focused on discovering new opportunities to present their work abroad. Exporting products is especially good for medium and large businesses – the ones that have already expanded within the local market. Once they have saturated the market in their country, exporting products abroad can be a great opportunity for these businesses to increase the sales potential. Additionally, exporting can be one way of scanning opportunities for overseas franchising or even production.

2. INCREASING PROFITS

Exporting products can largely contribute to increasing your profits. This is mainly due to the foreign orders, as they are usually larger than those placed by the local buyers. While local customers buy a few products or a pallet, businesses abroad oftentimes order a container of products which inevitably leads to increased profits. Moreover, if your products are considered unique or innovative abroad, your profits can increase rapidly in no time.
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