In Wisconsin

Exporting 101

Exporting

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Exporting 101

 

Assistance for Embarking on an Exporting Journey

The obstacle most cited by companies as an impediment to exporting is a lack of information. It’s not that information on exporting regulations doesn’t exist; rather, busy executives lack the time and personnel to find, interpret and apply it to their operations. Enter Exporting 101. This series of well-organized, easy-to-understand documents will help answer basic questions you have about exporting terminology, documentation, regulations and more.

And if you don’t find what you’re looking for here, don’t worry. WEDC’s export development manager would be happy to answer your specific export-related questions.


The International Harmonized System serves as the foundation for the import and export classification systems used in the United States.

An export plan is your guideline for the development of your international business.

Export documentation is a necessary process to which all exporters must pay close attention.

Export financing is often a key factor in a successful sale.

Establishing an appropriate price is one of the most crucial parts of the export marketing mix, as it is the one that generates revenue.

Prior to entering an export market, companies should first establish if they are export ready.

All U.S. exports (goods and services) are regulated by the U.S. Federal Government.

Finding a good overseas distribution partner is one of the most important decisions you can make when starting to sell internationally.

Exchange rates are determined in the foreign exchange market.

A trade barrier is generally any government-induced restriction that makes trade difficult or even impossible.

Foreign Trade Zones (FTZs) were created in the United States to provide special customs procedures to U.S. plants engaged in international trade-related activities.

Free Trade Agreements (FTAs) have proved to be one of the best ways to open up foreign markets to U.S. exporters.

The benefits of export trade, even during sluggish years, prove to keep Wisconsin’s companies intact.

Incoterms® provide a common set of rules to clarify responsibilities of seller and buyers for the delivery of goods under a sales contract.

Any company involved in international business will eventually need to send staff abroad.

Globalization and the rapid proliferation of technology have elevated the importance of intellectual property (IP) protection for small and medium sized enterprises (SMEs).

Systematic market research and planning is essential to exporting and can be instrumental in avoiding costly mistakes.

A successful export transaction starts with the negotiation of a sales contract and ends with a timely payment.

IC-DISC offers exporters permanent tax savings primarily resulting from a reduction in the tax rate on qualified dividends. It is available to all forms of business organizations