It would seem that import is simple these days. It's not specifically different from online shopping. It would seem that it is adequate to enter any marketplace platform to choose an interesting product, click, specify the amount, choose the form of payment – and that's it.
If we buy small things through services like AliExpress, this way of buying goods, somewhere from distant places will work. But for imports of larger components, for example components, parts, components for production no longer.
In the case of specified imports, it is essential to carry out many further steps, specified as:
- Search and verify the appropriate supplier,
- negotiating favourable terms of common cooperation (where the price of the product is only 1 of the many components),
- conduct the full production process in a controlled manner,
- preparation of applicable commercial documents, including certificates of conformity, phytosanitary certificates, any licences
- coordinating quality control, loading, arranging transport,
- the execution of payments in accordance with previously negotiated conditions,
- Customs clearance...
Each of these steps is simply a set of activities which guarantee appropriate implementation of the full process. For example, the importer’s production process should include specified steps:
But that's not the end of it. The year 2024 is going to be rough on political issues. Over the years, global policy had no bearing on importers. Today, a deficiency of orientation in what is happening in the planet can origin quite a few problem to the importer. Example one: the situation in the Red Sea. We seem to be utilized to war in Ukraine, but besides this year there may be abrupt and amazing returns. erstwhile planning to bring goods from another continents, it is imperative to take into account these fresh risks for us. You gotta have Plan B, even Plan C.
There is simply a lot going on in the area of accounts. The number of countries submitting settlements in their own currency is expanding than in the exchangeable currency. Effect ‘vaponisation” — From English “veapon” or weapons) of the US dollar first in relation to Afghanistan (who inactive remembers it), then to Russia.
The nature of imports, its vectors, is besides changing. The media late reported that after 37 years China was deposed by Mexico as the largest trading partner of the United States. At the same time (which is not written about) Mexico's trade turnover with China increased, Chinese companies are the biggest investors in Mexico. But, for now, goods purchased from Mexico are not subject to various restrictions which have covered Chinese goods. And these goods, in an increasingly large part, are modern machines and equipment, as well as natural materials, intermediates and components for production. For many seasons China has not been a origin of inexpensive and not very technologically advanced products. These are already emerging in another places, specified as Cambodia, Bangladesh, Tunisia or Nicaragua.
This is all underpinned by the progressive deindustrialisation of Europe. Contrary to political declarations, more industrial plants are disappearing from the European map, especially those operating in energy-intensive sectors. This means that imports will become increasingly crucial this year. The efficient and professional management of import processes will besides be increasingly important.
In 2024 the lyrics of Friedman and Kofta from their joint radio series "Fachists" will take on fresh meaning:
"Does it make sense to curse that this planet of mediocre made natural materials,
Because the good God has already done what he can, now you gotta call the expert.”.
Leszek B. Glass
Email: [email protected]
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