Trade between Turkey and the UK has grown by 70% during the last decade. In 2019, the value of goods bought by importers in the UK from Turkey was approximately 12.1 billion US. The development of trade between these countries is mainly due to their Trade Agreement, which influences, e.g., tariffs on various goods. The …
Transit procedures are one of the things that contribute to increased international trading opportunities. After the Second World War, international entities hoped for simplifying the process of transporting goods, especially in Europe. As a result, the TIR transit procedure and others were established. Therefore, there are many types of customs transits. Customs transit Customs transit …
As Germany is in the center of both Europe and the European Union, it is China’s key trading partner. For the last several years, China and Germany have maintained a strong trade relationship. In 2020, China was Germany’s most important trading partner, with total bilateral commerce valued at about 212 billion euro. Both countries emphasize …
Japan is the fourth-largest importer of goods in the world. Ever since the 20th century, Japan and the US have maintained a close partnership, especially in terms of trade. As a result, Japan is the US’ fourth-largest goods trading partner as of April 2021, both in exports and imports. Japan is famous worldwide for its …
Turkey is a center for a wide range of products, whether it is food, clothing, raw materials, or machinery. On the other hand, France is one of the largest importers in Europe and mainly imports transport equipment, computers, and chemicals from Turkey. There are three ways of shipping cargo from Turkey to France: by sea, …
Germany is the largest importer of products from the US in Europe, with 53 billion dollars in exports over the last twenty years. The two countries are very well-connected, and if you are interested in importing products, you need to get to know the process well. Here, you will find all the basics of shipping …
In the last decade, China has become one of Europe’s main trading partners, both in terms of export, as well as import. With China being the EU’s main import partners as of 2020, it is no surprise that Italy also maintains close ties with China. In 2020, China was Italy’s third-largest import partner, behind Germany …
The United States is Australia’s largest trade partner, and the number of imports went up by 91% since 2005. If you’re interested in shipping from the US to Australia, you should get familiar with routes and the transit time. How to ship from the US to Australia? There are two options available: shipping by sea …
Maritime accidents are unforeseen. If such an accident occurs, shipowners may declare a general average. Many beginner traders are unfamiliar with this term and the consequences. In this article, we present the most important information about the general average and some solutions that can help minimize the losses if it happens to your containers. General …
In recent years, the popularity of South Korean products in the United States grew substantially, reaching USD 77 billion in 2019 and only slightly slowing down in 2020 due to the coronavirus pandemic outbreak. If you are interested in shipping from South Korea to the US, you will find all the needed information below. How …