Customs Clearance for Importing and Exporting Globally
Import and export customs clearance procedures in international shipping can be daunting, especially in this post-Covid era, with all to common situations of denied parties list, classifications, and foreign trade zones. Customs refers to the duties, fees, and taxes levied on goods transported internationally from one country to another. Customs costs vary depending on the item shipped and the country being shipped to or from. Customs fees are over and above the carrier charges to ship goods.
International freight shipping requires adherence and compliance to foreign and domestic laws and procedures. For small to medium-sized enterprises taking first steps into the global business arena, possessing the appropriate trade compliance tools that facilitate smooth transborder transactions is key.