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How to start exporting?

Export benefits:
Export myths
Why marketplace?
What problems does Global Rus Trade marketplace solve?
Main stages of Export-Import Transactions
Documents required when exporting goods from the Russian Federation beyond EAEU:
Customs Clearance of Goods
Pros and Cons of Transport Modes
Export benefits:
sales growth due to the increase in the external demand for the products;reducing the unit cost due to decrease of fixed unit costs (fixed costs include rent, depreciation charges, charges for utility services, general and administrative expenses, etc.); • increase in currency earnings, which reduces the dependence of the manufacturer from an unexpected growth in the prices for raw materials (including imports) as a result of exchange rate surges; • reduction in fluctuations in production volumes of seasonal goods due to the expansion of sales geography.
Export myths
Myth 1: Export is too risky. In view of the world trade globalization and market integration within associations of countries, selling goods and services in foreign markets is not riskier than trading in the domestic market. Many countries of the world have already established or are establishing integrated ecosystems to support exports, that helps hedge the risks of participants of foreign economic activities. Just find out what institutions in your country are involved in export support, and contact them for a free consultation. Myth 2: The company is too small to start export. For small and medium-sized companies, export means an opportunity to increase production due to the extended demand for the products in foreign markets. For example, in the United States, up to 30% per cent of exporters have less than 18 full-time employees. The established export support and promotion institutions render advisory, legal, financial and other services. Myth 3: For export, employees with foreign language skills are required. Modern technologies make it possible to instantly and accurately translate information from one language into another when negotiating with a potential partner.
Why marketplace?
Advantages of registration at marketplaces:creating web storefronts of a seller for goods or services, to reduce the need to create an own online store; • reduced transaction costs through the digitalization of the individual stages of an export-import transaction; • increased probability to find a foreign partner thanks to the marketplace aggregator role: high web-site rotation because of concentration a large number of goods and services in one place; • use online or offline services often provided by a marketplace.
What problems does Global Rus Trade marketplace solve?
Advantages of working with Global Rus Trade:reduced risk of misconduct due to 3-step counterparty verification system; • company, product or service page appearance control to increase views; • brand localization for each region of interest; • multi-language chat with machine translation to negotiate in your mother tongue; • online and offline services rendered by experts in the negotiations and conclusion of the transaction; • leaving applications for desired goods and services for further selection of the best options; • interface optimization for any device;foreign markets analysis tools for market researches; • offline promotion of companies’ goods and services abroad: Global Rus Trade expert team participates in international exhibitions, forums, conferences, etc. on an ongoing basis.
Main stages of Export-Import Transactions
Major stages of Export-Import Transactions include: • analysis of foreign markets (marketing research); • search for buyers or sellers; • negotiating major terms and conditions of the transaction: price, scope of delivery, logistics, payment, etc.; • preparation of goods for export and receipt of necessary documents; • transaction conclusion; • production of goods for export; • customs clearance of goods; • delivery of goods to the buyer; • payment for goods to the seller. Stages of export-import transactions may have another sequence.
Documents required when exporting goods from the Russian Federation beyond EAEU:
• Certificate of Origin To be submitted to the customs of the importing country for the calculation of customs duty rates. Customs duty rate: - basic; - preferential; - maximum By type of goods: • Certificate of Conformity and Declaration of Conformity The certificate confirms the conformity with the EAEU technical rules. List of goods that need documents of conformity • Sanitary and epidemiological inspection report The sanitary and epidemiological inspection report confirms the conformity or non-conformity to the sanitary rules of environmental factors, economic and other activities. List of goods that need a sanitary and epidemiological inspection report • Phytosanitary certificate Phytosanitary certificate is required for exportation of products of plant origin. List of products subject to phytosanitary control • Veterinary certificate Veterinary certificate is required for export of animals. List of products subject to veterinary control
Customs Clearance of Goods
When exporting beyond EAEU, all goods are subject to customs declaration. The simplified declaration procedure shall apply in the following cases: • total customs value of goods does not exceed EUR 1,000 at the current exchange rate; • goods are transported by one and the same person in one and the same vehicle; • goods are presented to one and the same customs authority; • no VAT refund. Export customs duties are established for some primary commodities, seeds, and wood industry products. Customs duty rates are fixed per unit of products or as a percentage of the customs value. Customs value of goods means the price used for calculation of customs duties, including: • packing and packaging costs; • intermediary’s fee; • cost of goods supplied to the buyer free of charge or at a reduced price for further production or sale for export; • royalties; • part of income obtained by the buyer as a result of further sale or use of goods that is, directly or indirectly, due to the seller. Rates of export customs duties are determined by individual Government Decrees for each item of goods. A complete list visit To export goods, not subject to export duties, an abbreviated list of documents shall apply: • invoice; • shipping documents; • document on compliance with bans.
Pros and Cons of Transport Modes
Air transport Pros: - minimum delivery time; - low geographical limits. Cons: - high prices; - long list of prohibited items and substances; - restrictions for over-sized cargoes. • Marine transport Pros: - low prices; - low risk of damage to goods; - any cargo dimensions. Cons: - long delivery time; - restriction on sea routes geography. • Road transport: Pros: - low prices; - any cargo dimensions. Cons: - high risk of damage to goods; - transportation range restrictions. • Rail transport: Pros: - any cargo dimensions; - average delivery time; - state subsidies for delivery. Cons: - transshipment of goods at the border; - increased costs and delivery time.