Documentation: A lengthy documentation process is also a catalyst that increases international
Posted: Wed Feb 12, 2025 6:02 am
We know global markets offer significant growth opportunities for small and medium-sized businesses. However, the numerous complexities tied to international trade can make this opportunity seem intimidating. UPS® has leveraged many Indian sellers struggling with shipping challenges and low profitability margins due to the high shipping costs. Cross-border trade can be challenging for Indian exporters for various reasons-
Diverse regulatory compliances: Every importing country has its regulatory standards that must be adhered to allow uninterrupted passage of goods into the country. It is difficult for sellers to keep track of the complex and panama phone number list wide range of regulatory compliances and adhere to them properly.
Cost-consuming: Fluctuations in the shipping industry including geopolitical events, oscillating fuel prices, penalties by customs, and revision of tariffs and taxes by importing countries can impact shipping rates for sellers. Any increase in the estimated cost of shipping diverts the sellers from international shipping or using the services of a particular shipping company.
shipping challenges for the seller. The paperwork is complex and sellers feel burdened with it.
Safety: Long-distance international shipping exposes the cargo to multiple handling operators which increases the chances of tampering, pilferage, cargo handling accidents, and also lost shipments. It leads to significant losses for the seller.
Tracking: Sellers want supply chain transparency where they can easily track their shipment through every leg of the transportation process. Delays in shipment or the resolution of customer queries are some of the common challenges in international shipping for sellers.
Diverse regulatory compliances: Every importing country has its regulatory standards that must be adhered to allow uninterrupted passage of goods into the country. It is difficult for sellers to keep track of the complex and panama phone number list wide range of regulatory compliances and adhere to them properly.
Cost-consuming: Fluctuations in the shipping industry including geopolitical events, oscillating fuel prices, penalties by customs, and revision of tariffs and taxes by importing countries can impact shipping rates for sellers. Any increase in the estimated cost of shipping diverts the sellers from international shipping or using the services of a particular shipping company.
shipping challenges for the seller. The paperwork is complex and sellers feel burdened with it.
Safety: Long-distance international shipping exposes the cargo to multiple handling operators which increases the chances of tampering, pilferage, cargo handling accidents, and also lost shipments. It leads to significant losses for the seller.
Tracking: Sellers want supply chain transparency where they can easily track their shipment through every leg of the transportation process. Delays in shipment or the resolution of customer queries are some of the common challenges in international shipping for sellers.