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Mastering Import and Export: A Complete Guide to Global Trade

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Course offered by Sainyam Mohan

5 reviews

Course Title:

Mastering Import and Export: A Complete Guide to Global Trade

Course Duration:

8-10 weeks (flexible based on learner pace)

Target Audience:

  • Beginners who want to enter the import-export field.
  • Small business owners interested in expanding their business globally.
  • Professionals looking to understand the basics of international trade.

Course Objectives:

  • Understand the fundamentals of international trade and the import-export process.
  • Learn about essential documents, regulations, and international trade terms.
  • Gain practical knowledge on managing logistics, customs, and freight forwarding.
  • Explore how to identify global markets and make informed trade decisions.
  • Develop skills to successfully execute an import-export transaction.

Module 1: Introduction to Import and Export

Duration: 1 week

  • Lesson 1.1: What is International Trade?

    • Definition and importance of global trade.
    • Key concepts: Import, export, and trade balance.
    • The role of international trade in economic development.
  • Lesson 1.2: Global Trade Regulations and Agreements

    • Overview of trade policies, regulations, and international trade organizations (WTO, UNCTAD).
    • Free trade agreements (FTAs) and regional trade agreements.
    • Understanding trade tariffs and duties.
  • Lesson 1.3: The Import and Export Process Overview

    • Step-by-step guide to the entire import-export process.
    • Key stakeholders: Importers, exporters, freight forwarders, customs brokers.
    • Typical challenges in international trade.

Module 2: Legal and Regulatory Aspects of Import and Export

Duration: 2 weeks

  • Lesson 2.1: International Trade Laws and Compliance

    • Introduction to laws governing international trade (incoterms, customs regulations, anti-dumping).
    • Understanding product classification and harmonized system codes (HS codes).
    • Legal aspects of contracts in global trade.
  • Lesson 2.2: Documentation in International Trade

    • Essential documents for import and export:
      • Bill of Lading (BOL), Commercial Invoice, Packing List, Certificate of Origin, and others.
    • Legal requirements for documentation.
    • How to prepare and process these documents correctly.
  • Lesson 2.3: Import and Export Licensing

    • Understanding export and import licenses.
    • How to apply for trade licenses in your country.
    • Sanctions and restricted goods: Overview of prohibited imports and exports.

Module 3: International Shipping and Logistics

Duration: 2 weeks

  • Lesson 3.1: Shipping Methods and Modes of Transport

    • Overview of transportation modes: Sea, air, road, rail, and multi-modal transport.
    • How to choose the right shipping method based on cost, time, and product type.
    • Differences between Full Container Load (FCL) and Less than Container Load (LCL).
  • Lesson 3.2: Freight Forwarding and Customs Clearance

    • Role of freight forwarders and logistics providers.
    • Understanding customs clearance procedures and the role of customs brokers.
    • Key terminology related to shipping and customs: Incoterms, Tariffs, Duties, and Taxes.
  • Lesson 3.3: Supply Chain Management in International Trade

    • Managing the supply chain and logistics from origin to destination.
    • Handling inventory management, warehousing, and distribution.
    • Tracking and managing international shipments.

Module 4: Marketing and Identifying Global Markets

Duration: 1 week

  • Lesson 4.1: Identifying Potential Markets for Export

    • Conducting market research to find profitable export markets.
    • Tools and methods for identifying international demand.
    • Cultural, economic, and legal considerations when entering foreign markets.
  • Lesson 4.2: Export Strategies and Marketing

    • Effective marketing strategies for international markets.
    • Understanding consumer preferences and local competition.
    • The importance of local partnerships and distribution channels.
  • Lesson 4.3: Risks and Risk Mitigation in International Trade

    • Understanding risks in global trade: Currency fluctuations, political instability, and trade barriers.
    • How to mitigate and manage risks using insurance, hedging, and legal protections.

Module 5: Practical Skills for Import and Export Professionals

Duration: 2 weeks

  • Lesson 5.1: Negotiating and Finalizing Trade Deals

    • How to negotiate trade terms and agreements with foreign suppliers and buyers.
    • Payment methods in international trade: Letter of Credit (LC), Advance Payment, Open Account, and others.
    • Understanding international payment systems (SWIFT, IBAN, etc.).
  • Lesson 5.2: Export Documentation and Compliance

    • How to fill out export documents correctly.
    • Compliance checks and ensuring documentation is accurate.
    • Real-world examples of documentation errors and how to avoid them.
  • Lesson 5.3: Managing Customs Procedures for Imports

    • Step-by-step guide for clearing customs on imports.
    • Understanding the import duty calculation process and exemptions.
    • How to ensure smooth customs clearance for goods.

Module 6: Starting and Growing Your Import-Export Business

Duration: 1 week

  • Lesson 6.1: Setting Up an Import/Export Business

    • Legal steps to start your import-export business.
    • Building a business plan and identifying key goals.
    • Choosing the right products and establishing supplier relationships.
  • Lesson 6.2: Financial Management for Import-Export Operations

    • Understanding the cost structure in international trade: Landed cost, shipping cost, taxes.
    • Setting pricing strategies and ensuring profitability.
    • Managing international invoices and payments.
  • Lesson 6.3: Scaling Your Import-Export Business

    • Strategies to expand globally and manage growth.
    • Exploring new markets and new products.
    • Using digital platforms for international sales (e.g., Alibaba, Amazon Global).

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About the Trainer

Sainyam Mohan picture

5 Avg Rating

5 Reviews

5 Students

1 Courses

Sainyam Mohan

Bachelor of business administration (B.B.A.) from ch. Charan singh university, meerut in 2000 and master of business administration (M.B.A.) from maastricht school of management in 2002

6 Years of Experience

I am a teacher/freelance professional having 20 years of experience in exports, imports and supply chain management. I am giving home/online tuition since 6 years. I am certified in logistics, Public Speaking, English Speaking and supply chain management, six sigma and international business. I have a degree in international business from holland. My key skills are online and offline training, industry supply chain management and export operations.

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