/ By tjchinafreight ivy / Shipping

What are New Zealand’s main exports and imports?

What are New Zealand's main exports and imports?
What are New Zealand's main exports and imports?

New Zealand has established long-term import and export relationships with many countries around the world. However, her main trading partners are China, which accounts for 20% of its exports, Australia 18%, the EU 12%, the US 11% and Japan 6%. The country's economy is built on very developed free market trade and is the 53rd largest economy in the world.

Although her trade and economic interests are closely tied to Australia's due to the closer economic relationship agreement signed between the two countries in 1983, New Zealand's GDP is considered huge because of its population and land area. This means New Zealanders enjoy higher incomes and a better quality of life for the most part.

New Zealand's high GDP major imports and exports include:

Main import

Car

New Zealand no longer assembles passenger cars because tariff protections have been lifted and it has become cheaper to import already assembled cars. In the mid-1980s, car assembly was a huge industry in the country, with an annual assembly rate of nearly 100,000 vehicles. But when the country began to restructure the economy, the restrictions were lifted and people could import used cars from Japan.

The import of cars at the time made it possible to own a decent car despite the financial pressure on the economy. But even after stabilization, such imports continued to prosper in large numbers. Ford, Mazda, Honda and Toyota are some of the brands that still dominate the New Zealand new car market, but they don't sell as much. Even the new cars are sourced from markets such as Japan, Australia, Thailand, the US and the UK, shipped from overseas and distributed by New Zealand-based freight companies.

Crude

New Zealand is a huge consumer of crude oil and since its self-sufficiency in oil production is only 17% of what they need, they have to import 97% of the goods. Oil is a major part of New Zealand's economic operation, and although the country has some oil reserves, its production has been declining for years. They import oil from Malaysia, Australia, South Korea and Papua New Guinea, Saudi Arabia, Iraq, Nigeria, Russia and Indonesia.

Once crude is imported, New Zealand can refine and process it to meet most of the country's domestic needs.

Refined oil products

All petroleum products account for the largest proportion of New Zealand's imports, including refined petroleum products. The country imports refined oil from Japan, Australia, the United States, Germany and China. New Zealand's Marsden Point Crude Oil Refinery gets 70% of its refined oil from crude oil imported into the country. 30% of the deficit is imported, and some of their major refined oil imports include aviation lubricants and gasoline.

Mechanical equipment

New Zealand's machinery and machinery imports rose 9.7% in 2019. The main suppliers of these devices in the country are the US, EU and Australia. While Japan will traditionally supply a significant portion of these imports this year, the market's share has declined.

New Zealand's major machinery and equipment imports include vehicles, mechanical equipment, nuclear reactors, boilers, electrical equipment, and aircraft and spare parts. In fact, vehicle and machinery imports make up the two highest import bills in New Zealand.

Main export

Beef

New Zealand's beef and lamb export earnings hit a record $4 billion in 2019. Chinese demand for these products has put New Zealand in high demand for one of its key exports. Demand for New Zealand meat has persisted for decades due to best practices implemented in cattle rearing.

They are kept in a clean environment, veterinary visits are regularly scheduled, and the industry has welfare regulations that apply to these animals. The New Zealand Meat Industry Association ensures farmers adhere to these specifications to guarantee the best meat on the market. New Zealand's red meat industry was created by 14,000 commercial cattle, sheep and deer farms working with major companies to produce red meat.

Aluminum

Annually, New Zealand exports $23 million in aluminium to the US alone. Although the country is not yet among the world's aluminum exporters, its aluminum exports are worth more than $500 million annually globally.

The main destination for New Zealand aluminium is Japan, which accounts for 60% of export shipments each year. Now that New Zealand has been given the go-ahead to develop technology that will make New Zealand a world leader in low carbon aluminium, these exports face a bright future.

Wool

Wool has always been a traditional New Zealand export. In 1989, wool exports of New Zealand wool were worth $1.8 billion, up from $70 million in the early 1980s. Despite declining sales in the 1990s, the export of New Zealand wool has been reborn as technological and scientific advances have made it a sustainable industry again. The country has exported more than 100,000 tonnes of wool so far in 2019.

/ By tjchinafreight ivy / Shipping

What are Mexico’s main imports and exports?

What are Mexico's main imports and exports?
What are Mexico's main imports and exports?

There are only a handful of countries in the world that can claim to be the world's major oil producers. Mexico is one of them. Mexico has long been a trading partner of the world's developed economies such as the United States, Spain and New Zealand.

In fact, Mexico is the 9th largest exporting economy in the world. Having said that, this is their main export and import.

Main export

Oil

One of the main destinations for Mexican oil is the United States, which accounts for 48% of the country's oil production. The United States imported more than 210 million barrels of crude oil from Mexico. Other countries that supply Mexico with oil include Canada, China, Japan, New Zealand, Australia and Germany. Mexico currently earns $18 billion a year from crude exports alone, and given the country's large oil reserves, it's a revenue avenue that isn't expected to decline anytime soon.

Mexican oil accounts for more than 30 percent of government revenue, and it continues to attract and drive public and private sector investment in the country.

Car

Mexican auto exports grew, with the sector accounting for 11% of Mexico's total exports. Auto parts and accessories also make up a large portion of the export equation, with 7% of these products leaving the country for foreign markets. The numbers fluctuate over a few months, but that's to be expected as countries grapple with a recession and trade war.

Brands with manufacturing plants in Mexico include General Motors, Nissan, FCA Mexico, Volkswagen, Kia, Mazda, Toyota, Audi, Honda. Vehicle exports were low in the first few months of 2019, but quickly reached an all-time high in March 2019.

Mexico is the fifth largest exporter and manufacturer of specialized and heavy-duty vehicles and vehicle components, especially components used in the agricultural and construction industries. The United States and Canada receive the largest number of light vehicle exports from Mexico.

Minerals

Mexico is the world's seventh largest copper exporter and ninth largest gold exporter. Mexico has been in the mining and minerals business for centuries, during which time it has traded minerals with neighboring countries such as the United States.

The mining industry in Mexico is a major player in government revenue generation because the country has excellent geological potential for mining. Countries such as Canada, Germany, the United States, Japan and Spain have made significant mining investments in the country, making it an export destination for Mexican minerals.

Main import

Corn

Mexico is a major consumer of corn on the global market. The product's largest trading partner is the United States, which exported more than 44 million tons of corn to Mexico in 2019. Other countries supplying corn to Mexico include Argentina, which supplied Mexico with 150,000 tons of corn to supplement its exports from the U.S.

Motor

In 2017, Mexico imported $150 billion worth of electrical machinery and equipment from the rest of the world. Currently, motor imports account for 40% of the country's total annual imports. As its biggest import, the country has to find a different source for it, and India has quickly become one of its regular suppliers of $210 million worth of equipment.

The growth of electric machinery is mainly supported by mining and automobile manufacturing.

Refined oil

Mexico is increasingly reliant on refined products from the U.S. and other countries, even though they export crude to the same countries. Mexican refiners, accustomed to processing light crude oil, cannot meet demand and therefore rely on foreign countries to refine petroleum products.

The Mexican economy relies heavily on oil to keep its industries and manufacturing plants running, so they must keep oil products flowing through exports.

Medical equipment

80% of Mexico's medical supplies and equipment are imported into the country. The country has spent $5.7 billion procuring medical supplies for the health sector. The Mexican health sector is divided into three segments: medical services, pharmaceuticals/biopharmaceuticals, and medical devices.

In Mexico, all medical devices and equipment can be imported duty-free as long as the NAFTA Certificate of Origin is presented. With the growth of medical tourism in Mexico, the number of patients has soared, and so has the demand for high-quality medical equipment and equipment.

Medical tourism is one of the main reasons why medical devices are one of the main imports of the Mexican economy.

/ By tjchinafreight ivy / Shipping

What are Peru’s main exports and imports?

What are Peru's main exports and imports?
What are Peru's main exports and imports?

Peru's economy is classified by the World Bank as an upper middle class economy. It is also the 39th largest economy in the world. Thanks to the economic reforms that took place in the 2000s, Peru has become one of the fastest growing economies in the world.

Exit

Peru's largest export partners are China (34%), the United States (11%), Switzerland (7%), South Korea (6%) and India (6%). Canada and Chile are also important export partners of Peru. Since Peru is a resource-rich country, it is related to both economic stability and social and environmental instability. With the government providing ready resources and multinational operations within Peru, the problem is unlikely to go away anytime soon.

Import

In 2017, Peru imported US$38 billion worth of goods, making it the 54th largest importer in the world. The main commodities Peru imports include petroleum/petroleum products, chemicals, plastics, machinery, wheat, corn, soy products, vehicles, televisions, front-end loaders, telecommunications equipment and telephones, paper, cotton and pharmaceuticals.

Many of Peru's imports come from China and the United States. Some other import partners include Argentina, Chile, Colombia, Ecuador, Mexico, Brazil and Japan.

U.S. Peru Trade Bond

In 2006, Peru and the United States signed the U.S.-Peru Trade Promotion Agreement (PTPA). While the agreement was ratified in June 2006, the revised protocol entered into force in June 2007. In December 2007, the Agreement Implementation Law became law and was officially implemented in February 2009.

In 2017, Peru’s trade in goods and services with the United States reached $20.1 billion. Exported goods were US$11.3 billion and imports were US$8.8 billion. In 2018, the U.S. and Peru recorded a trade surplus of $1.8 billion in goods. In 2017, the U.S. and Peru had a trade surplus of $1.2 billion in services.

The GDP of Peru in 2018 was approximately US$ 225.2 billion. U.S. foreign direct investment (FDI) in Peru in 2017 was $6.4 billion in stock terms. This direct investment is dominated by mining, manufacturing and non-bank holding companies.

/ By tjchinafreight ivy / Shipping

What are the main exports and imports of the Dominican Republic?

What are the main exports and imports of the Dominican Republic?
What are the main exports and imports of the Dominican Republic?

The main export of the Dominican Republic

1. Cocoa Beans

The country produces two types of cocoa beans: Hispaniola and Sanchez. Hispaniola accounts for only 4 percent of the country's cocoa exports. The remaining 96% is occupied by the Sanchez variety. In recent years, cocoa beans from the country have become as valued as the precious cocoa beans from Ecuador. The coca variety in Ecuador is called Nacional, while the Dominican beans are known as the new Nacional.

The country aims to triple production by 2027. According to the International Cocoa Organization (ICCO), 40% of cocoa from the Dominican Republic tastes great, which means it has a woody, herbal, caramel flavor that makes it rich and balanced.

The Dominican Republic is the ninth largest exporter of cocoa beans in the world. Although it has always exported this product, in the 1990s the US was its only market. It has now expanded its market and now exports 90 percent of its production, or about 60,000 metric tons of cocoa beans, annually. This is mainly sold to the Japanese and EU markets.

2. Manufactured products

From clothing to exports of optical and technical equipment and medical equipment, the country was able to export more than $5 billion in 2018. The main exports in its manufactured goods shipments are medical and optical equipment. It has grown steadily as the demand for such devices continues to increase.

Their machinery and equipment exports also performed well, generating the third largest gain for the country. The main export partners for these products are the United States, India, Haiti, Canada and Germany.

3. Jewelry

Gold has always been the Dominican Republic's preferred export, a country rich in gold and other precious stones. The country's mineral wealth also enables it to export silver and nickel, not to mention some copper. Found only in the Dominican Republic, Larimar is essential to the creation of jewelry, which is why the country is a leading exporter of jewelry.

As demand for gold has grown over the past decade, the country has benefited greatly from the intensive development of the mining industry. They own the largest single gold mine in Latin America at the Pueblo Viejo mine, and despite a drop in gold production in the country, they still have reserves large enough to keep their export partners afloat.

The Dominican Republic also has extremely rich deposits of gypsum, which is why they are among the best in the cement industry.

Main import

1. Oil

DR imports crude oil and refined oil because their economies are largely dependent on manufacturing and mining. Both are oil-intensive activities that require a constant supply of oil to keep the industry going.

Refined oil leads its oil imports, accounting for 10% of the country's total imports. They import oil from countries like Venezuela and Mexico. The country uses about 37,000 barrels of oil per day.

2. Cars

Automobiles are the Dominican Republic's second-largest import, and the U.S. provides the largest share of the Dominican Republic's market for cars. In 2017, the U.S. exported $378 million worth of vehicles to the country. This accounts for almost 50% of the country's car imports.

South Korea is another important player in the export of cars to Latin American countries. That same year, they exported about $150 million worth of cars. Other players with stakes in this market include Japan, which exported $142 million to the Democratic Republic of Congo in 2017, such as Germany and Sweden, Canada, Mexico, India, Chile and the United Kingdom.

The U.S. leads in exports of small passenger vehicles, while Mexico leads in exports of heavy construction and agricultural vehicles.

3. Industrial raw materials

Importing raw materials to the Dominican Republic is cheaper than importing finished goods. The laws tend to favor raw materials, which means they impose lower import duties on such products. The country's main raw material import partners include Mexico, Brazil, Venezuela, Colombia, Ecuador, the United States, Argentina, and several countries in the Eastern Pacific and Asia.

/ By tjchinafreight ivy / Shipping

5 major ports in Peru

5 major ports in Peru
5 major ports in Peru

The Peruvian port system has more than 100 port facilities. These are classified as river, sea and lake ports. Among the major coastal ports, Callao is the most important port for cargo transportation. This is because 70% of cargo handling in Peru takes place at this port.

91% of total exports and 65% of export FOB value are handled by Peruvian ports. Peru borders the Pacific Ocean and has a long west coast. It is not surprising that Peru has numerous ports, as 90% of Peru's exports are shipped by sea.

What are the main ports in Peru?

1. Port of Callao

The Port of Callao is the main port in terms of traffic and storage capacity. Located in Lima, the capital of the central coast, it is 16 meters deep and can carry heavy cargo.

This particular terminal is connected to the industrial area of ​​Lima as well as to the rest of the country. The connection also extends to Jorge Chavez International Airport across the Andes. It is reported that in 2017, container ships berthed at the South Wharf for about 19 hours on average, and at the North Wharf for nearly 23 hours.

2. Shirt port

The port of Paita is the second largest national port in Peru in terms of container traffic, after Callao. Paita, located in Piura in the north of the country, ranks third in terms of total cargo traffic.

Since October 2009, the port has been operated by a Peruvian-Portuguese consortium called Terminales Portuarios Euroandinos SA or TPE. According to reports, by the end of 2016, the operating volume in the port had exceeded 215,000 TEUs.

OSITRAN, Peru's regulator related to investments in public transport infrastructure, said Peru's business was mainly export-oriented. In 2016, nearly 95% of exports were shipped in containers. Among the many export products, there are mainly aquatic biological products such as fish, fish oil and squid, and agricultural and industrial products such as grapes, mangoes, coffee, and bananas.

3. Port of Matalani

The Port of Matarani is located approximately 452 miles south of Callao and serves the southern region of Peru as well as several major cities in Bolivia, namely Santa Cruz, Cochabamba and Oruro.

Back in 1999, the port was awarded to Romero's group company Terminal Internacional del Sur SA (TISUR) for a period of 3 years. This is what has led to the multiplication of cargo to and from Bolivia, as well as increased investment in port infrastructure.

4. Port Talara

The Port of Talara is not only state-owned, it is also operated by the national oil company Petróleos del Perú SA (PETROPERU). Refineries process different products such as motor gasoline, solvents, A-1 turbo, diesel 2, LPG, industrial oils and bitumen.

The Port of Talara serves the oil industry in the Piura and Tumbes regions. Most of the rest of the country sells to them. Shipping takes place through their own loading dock. The tankers were shipped to tankers at Chimbote, Supe, Callao, Eten, Salaverry, Pisco, Mollendo and Ilo terminals.

The Port of Talara entrance channel is in the SE-NW direction with a minimum width of 180 m and a water depth of 10 ⁄ 11 m. It can accommodate tankers up to 210 m long with a maximum draft of 10.36 m and a maximum draft of 10.70 m at the buoy.

The port contains a subsea pipeline for loading and unloading crude oil. There are six supporting mooring buoys as the boats always move towards the southern area.

5. Port of Salaverry

The port of Salaverry is actually an artificial port. It's basically a dock that's constantly exposed to surges and swells. The port contains a 700-meter long breakwater and extension. Although this has decreased, small surges and swells within the port operations area and terminals remain to be resolved.

The port serves Truillo and the neighboring states of Ancash, Lambayeque and Cajamarca. It is managed by Empresa Nacional de Puertos SA (ENAPU). The port contains two sturdy quays for handling general cargo and bulk cargo. This also includes the use of mobile shore loaders for copper concentrates.

/ By tjchinafreight ivy / Shipping

5 major ports in the United Arab Emirates

5 major ports in the United Arab Emirates
5 major ports in the United Arab Emirates

Bordered by Oman and Saudi Arabia, the United Arab Emirates has become a beacon for development and trade on the Arabian Peninsula. It shares waters in the west and north with Qatar and Iran, respectively. The United Arab Emirates is made up of seven states, including Abu Dhabi, Dubai, Sharjah, Ajman, Ras Al Khaimah, Fujairah and Umm Al Quwain. Located in the northern part of the Strait of Hormuz, the country is a strategic country for sea container transportation and trade.

1. Jebel Ali Port (Dubai)

Jebel Ali is the largest man-made port in the world and the largest container port between Singapore and Rotterdam. The port offers the international shipping industry access to a market of 1.5 billion people, as it is the gateway between the Western Hemisphere and the Far East. As one of the most important and modern ports in the region, the port is equipped with state-of-the-art facilities to meet regional and international shipping needs in and around the Arabian Sea.

2. Mina Zayed Port (Abu Dhabi)

The Mina Zayed Port in Abu Dhabi is often just called Zayed Port. It is located at the northeastern end of the city of Abu Dhabi, which is not only the capital of the United Arab Emirates, but also the financial, communication and transportation center of the UAE.

3. Mina Rashid Port (Dubai)

Mina Rashid Port is another man-made port in the Emirate of Dubai, located on the southern coast of the vast Arabian Gulf. The port's location in the heart of the city makes it ideal for passenger operations, although it also handles its fair share of cargo.

The port has received the prestigious ISO-9002 certification as well as the Safety Excellence Certificate from IMS (International Maritime Security). As the only port in the Middle East to receive this recognition and certification, Port Rashid is highly regarded in the global cruise tourism industry. The 2 million-square-meter Mina Rashid Cruise terminal can handle seven of the largest cruise ships simultaneously, each with a capacity of 25,000 passengers. Due to its competence and professionalism, the port has been named the world's leading cruise port in the Middle East at the World Travel Awards for seven consecutive years.

4. Mina Khalid Port (Sharjah)

Also known as Khalid Port, this port is also located in the center of Sharjah. It is the first port in the region to have a container terminal, a free trade terminal and a ro-ro cargo terminal. It pioneered an area that other ports such as Jebel Ali and Zayed Ports followed and expanded upon.

The Port of Mina Khalid has 12 berths for handling general cargo as well as refrigerated, bulk, dry and liquid cargoes. It has two cold storages on the quay side and is also equipped with marine and oil support. The port is undergoing several key construction works that will further modernize its facilities. These include the construction of dhow dock facilities and new berths in the breakwater reclamation area.

5. Khor Fakkhan Port (Sharjah)

The port is also in Sharjah, under the same management as the Mina Khalid port. This is the only natural deep-water harbour in the region, unlike other fully man-made harbours. As one of the main container ports in the United Arab Emirates, this port sees a lot of traffic from the Indian Ocean front. Its location outside the volatile Strait of Hormuz makes this port an obvious choice for large east-west transshipments into the UAE's hinterland.

/ By tjchinafreight ivy / Shipping

5 major ports in Honduras

5 major ports in Honduras
5 major ports in Honduras

Located in Central America, Honduras is known for its natural resources, from coffee to minerals, and its growing textile industry. It is nestled between El Salvador, Guatemala and Nicaragua, with Pacific and Caribbean coastlines to the north and south, respectively.

Honduras has commercial cities, the capital Tegucalpa and San Pedro Sula. Both are industrial and commercial centers that drive the country's economy. But the country's ports may be the biggest reason for the country's economic development. These ports opened up Honduras' trade routes in the Pacific and the Caribbean.

1. Puerto Cortez

Puerto Cortez happens to be the only deep-water port in the whole of Central America. It is also one of the best equipped and largest ports in the region. Originally known as Puerto de Caballos, the port is located in the Caribbean waters of the northern part of the country. Because it has a natural bay, it can handle large ships with a capacity of 10 at a time.

It has a large 4,000-foot docking space and offers 24-hour service, with ships going to Miami seven times a week, New York four times a week, and New Orleans four times a week. Ships from the port travel to the Far East and Europe at least twice a week. The port is a designated safe port for the region, which is why it sees a lot of cargo traffic. That means it can safely ride on the giant ships that cross the Panama Canal.

2. Screen port

This port is also located on the northern coast of the Caribbean Sea. When it officially became the headquarters of the Tela Railway Company in 1914, it became an influential business point. This is a subsidiary of United Fruit Company, which transports bananas from the interior of Honduras to ports for export.

The railway remains intact and still in operation, bringing the banana crop, the region's main export, to the port. It is still called Banana Port because Honduras is one of fifteen countries that provide more than half of the world's banana exports. In 2018, the country exported $522.7 million worth of bananas from the port. Tela also handles coconuts and other agricultural products.

3. Port of Castile

The Port of Castile is actually a small fishing village, but the port facilities are some of the best in the country. They are home to a Honduras naval base and also have a container facility for fresh fruit produced by Dole. It also sits in the middle of African oil palm plantations that have started growing in the region. It will be the main port of call for oil exports

The port also has road access to the country's forestry project and the Aguan Valley Railway, which produces Honduras' famous timber for export.

4. La Ceiba Port

The port of La Ceiba is also located in the waters of the Caribbean Sea, but at the southern end of the coastline. It borders the Gulf of Honduras and is the third largest city in the country. The port developed into a modern port throughout the 19th century, becoming an important shipping port for banana exports. As an agricultural port, it also handles most agricultural products such as citrus fruits, pineapples, coconuts, fish, coffee, meat and wood.

The city hosts its famous carnival every May for the Spanish San Isidro Labrador, attracting more than 500,000 visitors. Ceiba is also considered the entertainment capital of Honduras and the ecotourism capital of Honduras, which means a huge influx of tourists into the city. The port has an excellent cruise terminal that caters for cruise ships that take passengers to various tourist attractions in the country.

5. Port of San Lorenzo

The port is located in the waters of the Pacific Ocean near the Gulf of Fonseca at the southern tip of Honduras. It was built to alleviate the inconvenience of using the old port of Ampara, which had to be dredged to enable ships to moor in the port. It can carry 1.1 million tons of cargo annually. The port of San Lorenzo also serves nearby industrial cities that process products such as rosin, a huge export product for Honduras.

It also handles shipments such as vegetable oils, dairy products and shrimp from local industries and processing plants. The port also has the advantage of being served by the nearby Ampara Airport, which transports goods and products to and from the port.

/ By tjchinafreight ivy / Shipping

How to Import Computer Parts from China

How to Import Computer Parts from China
How to Import Computer Parts from China

If you plan to market your tech business to China, or you want to reduce overhead costs by purchasing parts, you need to understand the reasons for importing electronics from China. Specifically, computer parts require some special care and some import know-how.

In the past few years, China has adjusted some industrial policies and has become an important computer hardware producer in the world. In order to work with Chinese suppliers, it is important to understand these policies. Fortunately, these policies are not difficult to follow. Let's take a look at everything business owners need to know about importing technology from China.

Find Computer Parts Suppliers in China

The process of finding computer parts suppliers in China is not difficult. However, caution should be exercised when contracting with them. You should always do some homework before trusting a computer parts supplier.

First, check online reviews of different suppliers and warehouses in English. If this doesn't lead to any fruitful leads, your next step should be to work with an international law firm that specializes in translation, connecting business owners with Chinese suppliers, and handling Chinese intellectual property law and patents. This will ensure that you find a reputable supplier before you start signing contracts, and your lawyer will also help you translate and negotiate before signing.

If you want to import laptop and desktop parts from China, it is highly recommended that you work with a reputable and reliable freight forwarder, or possibly a law firm that specializes in Chinese trade.

Generic HS Code for Computer Parts

The HS (Harmonized System) code is a 10-digit code used by the United States to classify different export products. You need to be familiar with these codes before importing parts from China.

Regulations and requirements when importing electronic components from China
Some business owners are wary of importing electronics from China due to Chinese and U.S. regulations that have not been ideal for foreign businesses in the past. However, simply knowing how to comply with these regulations can make the process productive.

First, you should always look for suppliers that are 100% compliant with Chinese and US import and manufacturing laws. This can be difficult as many vendors may not invest in certification and compliance in different markets.

FCC certification

Compared to other countries, the U.S. rules on imports from China are relatively simple. The biggest certification you should consider is the FCC certification, which you can easily get for only a few hundred dollars. The FCC regulates any electronic product, including computer parts and Bluetooth devices. Any electronic components and components that emit radio waves that you want to import from China should be FCC certified.

If you are a retailer, in addition to the FCC, you will also need to have your parts and finished products certified by UL. This is not required by law, but voluntary compliance will show your consumers the quality of the products you produce.

Insurance

You also need to consider product liability insurance. Product liability insurance will protect you from possible problems if you import computer parts in bulk from China.

/ By tjchinafreight ivy / Shipping

The role of the Federal Maritime Commission

The role of the Federal Maritime Commission
The role of the Federal Maritime Commission

If you're shipping something overseas, you must be familiar with the role of the Federal Maritime Commission in ocean shipping. This guide will help you understand what an FMC is, understand its history, and determine its role in maritime shipping.

What is FMC?

First, what does FMC stand for? The acronym FMC refers to the Federal Maritime Commission, which was established in 1961 as a regulatory agency for 4 liner shipping groups and U.S. importers and exporters.

Although the FMC acronym was not adopted until August 12, 1961, its origins date back to the First World War. The Kennedy administration worked with Congress to create the Federal Maritime Commission so they could create regulations for maritime activities. shipping company.

The goal is to separate the governing bodies that oversee the U.S. merchant fleet and international shipping companies. The latter is now administered by the FMC and aims to regulate U.S. marine commerce.

The role of FMC in shipping

As you can see, the FMC, the Federal Maritime Commission, plays an important role in ocean shipping. Their mission is to ensure a competitive and reliable international maritime supply system that not only supports the U.S. economy but also protects the public from any deceptive or unfair practices.

Since its inception, FMC has adapted to all changes related to international shipping. They have been working to create a fair and efficient environment for exporters and importers while protecting the American public.

To accomplish this mission, they regulate the activities of Ocean Transportation Intermediaries (OTIs), which include ocean freight forwarders and NVOCCs.

Licensing Requirements

The FMC has specific licensing requirements. All OTIs must be licensed before performing any services in the United States. This licensing requirement means that if a company wants to buy or sell ocean freight services — whether to or from the U.S. — they must register with the Federal Maritime Commission.

If the agent is not licensed or registered with the FMC, they cannot use their ocean freight services, or any NVOCC services, in the United States. These unlicensed agents can only act as booking agents or freight forwarders.

Fees and Penalties

The Federal Maritime Commission reserves the right to assess fees and fines imposed by its regulatory agency. These penalties can be assessed if there are irregularities related to fees charged to customers and compensation received by ocean carriers from carriers.

The Federal Maritime Commission (FMC), as the regulator of maritime transport, ensures that the system is fair and competitive, while protecting the public from any unfair practices. They have licensing requirements and regulations that they must follow. Otherwise, they reserve the right to assess fees and fines.

/ By tjchinafreight ivy / Shipping

5 Main Reasons Your Cargo Is Delayed

 

5 Main Reasons Your Cargo Is Delayed
5 Main Reasons Your Cargo Is Delayed

This can be very frustrating when your shipment is late. Estimated shipping times should be as precise as possible so that the relevant part knows when delivery is expected and when to schedule pickup. However, things can go wrong and, unfortunately, shipping delays can occur.

The client may end up pushing you to meet the deadline, and you are ultimately responsible for the delay. Even in some cases they may have damaged, faulty or incorrect parts.

To help, we've compiled a checklist of five common reasons your shipment may be delayed.

1. Timetable and Transportation

Most cities have traffic. Between construction works, accidents, detours and roadblocks, people often experience transportation delays due to traffic. To improve this, courier drivers can use route optimization software.

Route optimization software tracks the fastest route, updating it in real time to avoid delays and disruptions.

2. Customs issues

For international shipments, as a freight carrier facing customs, all required documents must be prepared and filled to prevent any issues. Without proper documentation, delays are likely to occur. For example, required documents may have been submitted incorrectly or may be missing.

Also, if the authorities decide to inspect your shipment, the problem can quickly escalate into further problems.

Merchants should have a backup plan in the event of a shipment being held by customs. This may include partnering with a reliable courier service to ensure the security and accuracy of documents.

3. Lack of clarity

A simple but common problem that causes shipping delays is lack of clarity, such as poor handwriting. Using pen and paper in the courier industry is prone to mistakes and accidents.

Shipping labels also play a vital role in delays. If the labels are of poor quality, they can cause problems when couriers read or scan them, and items can get lost.

4. Insufficient technology

Outdated software or outdated hardware creates huge problems for courier companies. This is because legacy software limits opportunities to integrate new technologies and blocks access to features that can reduce shipping delays.

To better track your shipments, it's a smart idea for merchants to invest in the latest hardware and cloud-based software. This provides a more holistic approach across the supply chain, enabling couriers, 3PLs, logistics and transport businesses to stay connected and use real-time data.

5. Lack of equipment

Continuing on to the point, equipment shortages are another big problem that shippers often overlook. Moving goods from warehouses can be challenging and certainly not smooth sailing. This is especially true if you need multimodal transport, including road and rail.

There may also be cases where the container cannot be used. There may be insufficient supplies, or they may only be available in certain areas of town. Of course, such a situation may also lead to delays in delivery.