Presentation on theme: "Tilde Publishing and Distribution ISBN: 978-0-7346-0817-8 Import/Export Mapping International Trade for Australian Business The Import/Export Process."— Presentation transcript:
Tilde Publishing and Distribution ISBN: Import/Export Mapping International Trade for Australian Business The Import/Export Process
The import/export process contains additional and more complex elements than local trade, and more parties are involved in the process. The involvement of a number of parties, including specialists, helps to ensure the efficiency and effectiveness of the entire process and eases the burden on importers and exporters.
International freight movement cycle
The Import/Export Process The major elements involved in international trading include: contract of sale (or agreement); foreign currency; export packaging; export formalities; local export cartage; documentation; cargo Insurance; international freight (air & sea); customs regulations and taxes; quarantine regulations; local import cartage; costing.
The Import/Export Process The parties involved in the process include: importers; exporters; freight forwarders; carriers – shipping line/airline; customs brokers; insurance companies; government customs services; government quarantine inspection services; government export trade agencies; banks or other financial institutions.