4 Things you need to consider before Importing!

Are you a business owner or individual thinking about importing?

“Importing goods can open up exciting opportunities, but it's important to take a step back and think things through before jumping in.”

Here are four essential things to think about before you start ordering your cargo:

Selecting the Right Incoterm:

“Choosing the right Incoterm is like picking the perfect partner for your international trade journey.”

These terms, known as Incoterms, are crucial for outlining who does what and who pays for what in your transactions. They're like the roadmap guiding your trade adventure. But don't worry, you're not alone in this decision. Chat with your supplier or a logistics specialist to find the Incoterm that fits just right for your needs and budget. It's all about finding the perfect match to ensure smooth sailing ahead! 🌟 Explore our blog for valuable insights on selecting the perfect Incoterm for your international trade needs. Check out our incoterms blog here

‍Estimating Shipping Costs:

“Navigating shipping costs is a crucial step in your financial planning journey.”

By considering factors like cargo volume and transportation mode, you can get a ballpark estimate of what to expect. Take a moment to ensure these costs align with your budget. Plus, did you know you can request a quote beforehand, even if you haven't finalized your order? Dive into our guide to learn everything you need to know about getting a free quote!

Duty & GST:

“When importing goods into New Zealand, it's crucial to stay on top of duty and customs gst costs.”

One way to streamline the process is by estimating how much duty and GST to expect. You can crunch the numbers by knowing the total cost of your cargo and having an estimated logistics cost handy. Not sure where to start? Use the “What's My Duty Estimator” by New Zealand Customs Service to get an idea. My Duty Estimator‍‍

Regulatory Requirements:

“Navigating through regulatory hoops can feel like a maze, but fear not!”

It's essential to check if your cargo requires any special inspection or fumigation treatment at its origin before entering the country. You can reach out to MPI (Ministry for Primary Industries) or a customs broker to understand the MPI regulations specific to your commodity and place of origin. Otherwise don't hesitate to contact us for assistance. Just provide us with details about your goods (commodity) and where they're manufactured, and we'll help you navigate the process hassle-free! Contact us

By taking these four factors into account before diving into imports, you'll equip yourself with the knowledge needed to make informed decisions, streamline the importation process, and minimize risks. Before placing any cargo orders, it's crucial to address these key issues. Doing so will empower you to navigate the complexities of international trade confidently, ensuring a smoother transaction and avoiding any surprise costs along the way.