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Business Across Borders – Understanding International Trade

International trade is a complex process, but also an exciting business opportunity. DHL can help not only with global customs requirements and trade terminology but also with local import and export support and resources.

Learning the Language of Incoterms® Rules and Trade Terms

“Incoterms” is a trademark of the International Chamber of Commerce. Incoterms® rules and trade terms are recognized and accepted as the standard for international trading and are regularly updated as commercial conditions change.

Familiarity with Incoterms® rules will ensure you purchase goods from manufacturers abroad in accordance with applicable regulations, documentation and procedures.

Learning about Customs with DHL

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DHL Express has been a global expert in international trade for well over 40 years and now processes several million customs entries every day. As one of the world's largest customs brokers, we use local expertise to understand diverse customs regulations.

That’s why, with DHL as a partner for your small business, its in-house experts are well positioned to help you navigate the complexities of customs compliance and all of the related terminology and guidelines. Understanding the processes and terminology involved will help you enter markets and build a long-term foundation for successful international trade.

What You Need to Know about Exporting

The most important thing to know about exporting is that no business is too small to develop a base of international customers. Trade—including wholesale, retail, import/export, and hospitality—employs 32.4 percent of Hong Kong’s workforce. In 2010, export of goods grew by 17.3 percent, and exports of services rose 15 percent. Prospects for exporters remain strong with the conclusion of the CEPA free trade agreement with China, the market for more than half of Hong Kong’s exports. The agreement applies zero tariffs to all Hong Kong-origin goods and affords preferential treatment to 44 service sectors.

The following guides offer the information you need to join other business owners like you who are earning money in the global marketplace.

Exports play a key role in every country’s strategy for sustainable economic stability and growth. Businesses of any size can take advantage of the revenue-generating potential that export activity offers. The following resources support your company’s participation in this profitable area of the global economy.

What You Need to Know about Importing

Hong Kong’s free market economy, commitment to international trade, and active re-export activity combine to create a vibrant import environment. In 2010, real GDP rose an estimated 6.8 percent and import volume grew 25 percent. China is the source of 46 percent of Hong Kong’s imported goods; significant import partners also include Japan, Taiwan, Singapore, and the U.S.

Imports serve two important purposes. In addition to satisfying the global consumer’s appetite for goods not manufactured domestically, they provide domestic businesses with raw or partially finished materials needed to produce merchandise for re-export. Businesses of any size can take advantage of the revenue-generating potential that import activity offers. The following resources support your company’s participation in this profitable area of the global economy.