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

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…

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…

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

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…

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…

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…

Physical Products and Digital Products

How to Sell Physical Products and Digital Products in International Market?

Physical Products and Digital Products In today’s interconnected world, businesses have unprecedented opportunities to sell both physical and digital products to customers across the globe. However, entering international markets requires a well-planned strategy, an understanding of export-import regulations, and the right digital tools to manage global sales effectively. This article will guide you step-by-step on how to sell physical products (like machinery, clothing, electronics) and digital products (such as software, e-books, online courses) in the international market. Selling Physical Products Read Full Details…

Global Markets Fell Again Due to Continuing Trade Tensions

Global Markets Fell Again In July 2025, global financial markets experienced yet another sharp downturn, reflecting deepening concerns over escalating trade tensions among major economies. Investors across the world are reacting to uncertainty and instability in global trade policies, which have led to declines in stock markets, volatility in commodity prices, and depreciation in several emerging market currencies. Key Drivers of Market Decline 1. US-China Trade Disputes Resurface The long-standing friction between the United States and China has intensified, with Read Full Details…

Global Exchange and Capital Flows in Global Export-Import 2025: Trends, Challenges & Opportunities

In 2025, global trade dynamics are rapidly evolving, with foreign exchange movements and capital flows playing a pivotal role in shaping international export-import activities. Businesses engaged in cross-border trade must understand these critical economic forces to navigate opportunities and mitigate risks effectively. Understanding Global Exchange Rates in Trade Foreign exchange (FX) rates directly influence the cost competitiveness of exports and imports. A strong domestic currency makes imports cheaper but can hurt export competitiveness, while a weaker currency makes exports more Read Full Details…

USA Imposes 25% Tariff on Exports from India Starting August 1, 2025

The global trade landscape is poised for a significant shift as the United States is set to impose a 25% tariff on exports from India, effective August 1, 2025. This policy decision is expected to have wide-reaching consequences for bilateral trade relations, Indian exporters, and global supply chains. Let’s explore why this tariff is being introduced, which sectors are most affected, and how businesses can navigate this new challenge. Why is the USA Imposing a 25% Tariff on Indian Exports? Read Full Details…