Month: August 2025

New Updates in EXIM Codes 2025 and What to Expect in HS 2028
Aug 17

New Updates in EXIM Codes 2025 and What to Expect in HS 2028

EXIM Codes 2025 and What to Expect in HS 2028 The world of international trade runs on a common language: the Harmonized System (HS) of classification codes. Every five to six years, the World Customs Organization (WCO) revises this system to reflect new products, changing technologies, and shifting trade priorities. For exporters and importers, staying updated is not optional—it’s essential for compliance, cost optimization, and seizing new opportunities. In 2025, several national-level HS code updates have taken effect alongside the Read Full Details…

Aug 17

More Difficult Challenges in Readymade Garment International Market Development for Exporters

Challenges in Readymade Garment Export Business The readymade garment (RMG) industry is one of the most dynamic sectors in global trade, contributing significantly to the economies of countries like Bangladesh, India, Vietnam, Turkey, and China. While demand for garments continues to grow across developed and emerging markets, exporters face increasingly difficult challenges in developing and sustaining international markets. Global competition, evolving trade regulations, sustainability demands, and shifting consumer preferences all add complexity to this already competitive industry. Here are some Read Full Details…

Aug 17

Possible Methods of Trade Diversification During High Import Tariff Charging

Trade Diversification Rout During High Import Tariff Charging Global trade has always been subject to fluctuations in political, economic, and regulatory environments. One of the most pressing challenges businesses face is the imposition of high import tariffs by countries aiming to protect their domestic industries. While these tariffs can increase the cost of goods and erode competitiveness, they also present opportunities for exporters and importers to diversify trade strategies. Diversification not only reduces dependency on single markets but also strengthens Read Full Details…

Know How to Sell Engineering Capital Goods & Machinery in the International Market
Aug 01

Know How to Sell Engineering Capital Goods & Machinery

Selling Tips Engineering Capital Goods & Machinery in the International Market Introduction Engineering capital goods—such as industrial machinery, power equipment, material handling systems, and machine tools—are the backbone of manufacturing, infrastructure, and industrial growth worldwide. Selling these high-value goods in the international market offers tremendous business opportunities, but it also involves complex challenges like technical compliance, global marketing, financing, and logistics. In this article, we explore step-by-step how to successfully sell engineering capital goods and machinery in global markets. 1. Read Full Details…

Aug 01

Tips to Reshape Global Export-Import Trade Due to Bad Politics Introduction In today’s interconnected world, global export-import trade forms the backbone of many economies. However, geopolitical tensions, political instability, trade wars, and protectionist policies have disrupted the smooth flow of international trade. Bad politics can create barriers like tariffs, sanctions, and regulatory hurdles that complicate trade relationships. For exporters and importers, adapting to this challenging environment is crucial to sustain and grow their businesses. Here are some practical tips to Read Full Details…

Aug 01

How International Political Threats Are Reversing International Trade Backwards

Reversing International Trade Backwards Introduction Global trade has long been seen as a vehicle for economic growth, cultural exchange, and geopolitical cooperation. However, recent years have witnessed a growing number of international political threats—ranging from trade wars and sanctions to rising nationalism and protectionism—that are undermining decades of progress in global trade liberalization. These tensions are now reversing globalization’s momentum, pushing international trade backwards and reshaping the global economic landscape. Key Political Threats Impacting Global Trade 1. Trade Wars and Read Full Details…