Importers & exporters
Our largest growing customer segment, importers and exporters are recognizing
the dizzying increase in international trade. In 2005, global trade
was estimated at $10 Trillion. By 2025, that number is expected to be at
$70 Trillion.
CUSTOMS Info’s subscription service enables clients to show reasonable
care during their classification process. The largest collection of binding rulings
found anywhere (including CROSS) and the WCO explanatory notes enable complete
documentation.
Country Guides for 210 countries enable clients to peruse possible requirements
for shipping to a foreign country.
Global Tariffs enable the classification of your products going into foreign countries. Once the classification is finished, duties and taxes are provided for the first step in the Financial Landed Cost Query.
For a free trial, click here.
For true visibility into your global trade activity you need three components:
- Your proprietary trade data or ITRAC data from CBP.
- Our Global Duty & Tax data from CUSTOMS Info
- Difficult to obtain, but public trade data from sources such as AMS and CBP.
It is important to understand where you rank in trade efficiency. Are
competitors importing goods for less than you because
they are taking advantage of special preferences and trade agreements? Starting off with 3-5% higher
costs than your competition with your container at the port will certainly
affect profits. We can not only help identify these challenges, we help
companies understand where they can decrease their duty spend, even help
them find new sources and vendors in those countries providing improved
financial results on imports.
