Thursday, December 1, 2022

Global Trade Export Documents

 

The number and type of documents that the exporter must produce vary according to the terminus and type of shipment. Because each country has its own set of import regulations, the exporter must take care to find out, well in advance, what documents will be required for the shipment of goods to clear customs in another country. It’s best to ask the foreign importer what documents are required in his or her country for up-to-date foreign import requirements and verification.  

 


Discrepancies or omissions in documentation may result in the export of merchandise being delayed, may result in non-payment, or even result in the seizure of the exporter’s goods by the U.S. or foreign customs officials. Collection documents are subject to precise time limits, and may not be honoured by a bank if the date has expired. Most documentation is routinely prepared by freight forwarders and customs brokers, but, as the exporter, you are ultimately responsible for the accuracy of the documents.

It’s important to understand what documents are required for a shipment and why they are required. Another option is to have a freight forwarder prepare documents for your exports. 

Parties are screened against the data maintained in Workseer's Global Knowledge® application which contains the most comprehensive and current database of global trade content and international business rules available today. The information covers over 700 restricted party lists from more than 200 countries, making Workseer's trade content and update process the best in the industry.

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