World Business Exchange

The Import Export Resource for International Trade from Home

Issue: 13
   
   

WBE.Net Newsletter

 Release Date: 1-2-08

 

Our Mission In 2008

    In our increasingly global economy it is more important than ever that you have access to the very latest information on markets and techniques of carrying out international trade.  The World Business Exchange Network works to remove the smoke and mirrors of international trade with inspirational and practical advice.  Through the WBE.Net  website we connect you to organizations, government agencies and potential trading partners who can help further your success as an international trader.  In the words of WBE.Net Founder and CEO Roosevelt Roby,  "The field of trade is the very fabric of peace, and in a world troubled by warfare, it offers you the power to make a statement for peace, while at the same time helping yourself and your family to prosper.  WBE.Net is a Commerce and Justice Department accredited institution providing training and education in the field of international trade.  For more than 20 years WBE.Net has offered membership to those who value the vital information we provide and who wish to professionalize their careers.  The World Business Exchange Network looks to the New Year with optimism and faith.  Let us move together in 2008 to bring peace and prosperity to our nation and our world."

 

Agriculture To GROW America's Export Trade In '08

    A good field to plow in 2008 will be agricultural exports.  We expect that America's agricultural industry will sell more than 90 billion dollars worth of goods to the world during the new year.  Helping the US out will be ever-greater needs in China - and the stronger ability of China to pay for those needs.   And, don't forget the weaker dollar.  The weaker dollar makes it cheaper for foreigners to buy from America.  (Latest news on this front:  the slide of the dollar is expected to ease up in '08).  What are the most promising agricultural products  to export?  Best bets:  dairy products, grains, oilseeds and cotton.  

 

Look North For Trade Profits!

    Every single day, more than two billion dollars worth of trade occurs between the United States and its number-one trading partner, Canada.  The US-Canada trade relationship is the largest ever to exist between two nations.  If you're looking for a good country to export products to,  just look northward.  And a great item to export to Canada is the automobile.  The 1965 Auto Pact, which established free trade in automobiles between Canada and the United States, helped set the stage for an enormous increase in the amount of commerce between the two countries.  WBE.Net trader alert: To export a car into Canada, make sure the vehicle complies with all Canadian import laws.  The vehicle must meet requirements of the Canadian Border Services Agency.  Trailers, such as recreational, camping, boat, horse and stock trailers, are considered vehicles, as are wood chippers, generators and any other equipment mounted on rims and tires.  For more information contact Canada's Border Information Service at (204) 983-3500 or (506) 636-5064. 

Strong Resource: The Big Brown Machine

    United Parcel Service,  best known as UPS, is the world's largest delivery company.  It carries more than 15 million packages a day to six million customers in more than 200 countries and territories around the world.   UPS is headquartered in Sandy Springs, Georgia.  It operates its own airline, based in Louisville, Kentucky.  Most important for the WBE.Net member, UPS is a major player and huge helper for the small exporter.   A leader in logistics,  UPS is quite helpful because it has deep knowlege of the regulations of all the trading countries of the world.  If your UPS shipment is halted due to a particular country's red tape, the company will step in and clear up the problem for you .  Using UPS greatly simplifies the export process, and helps get rid of  uncertainties that might beset the beginning trader.  UPS is well known for its brown trucks, which account for the company nickname "The Big Brown Machine."   The company also owns the UPS Store, which offers shipping, packaging and copying services. 

Featured Article

The Dictionary of International Trade has undergone a major update and expansion. With many pages of additional content, the book is now one-third dictionary and two-thirds encyclopedia.
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A Short Course In International Negotiating

There is truth to the advantage that "you get what you negotiate." And while many business people are experts concerning their product or service, few take the time to learn basic negotiation skills.
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A Short Course In International Trade Documentation
 
Documentation, like payments, lies at the very heart of all international transactions. Documents are required for all import, export, and payment procedures. Knowing document requirements ahead of time saves time, money, and frustration..
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A Short Course In International Contracts

As the number and volume of international transactions has increased, the need for more formality in defining agreements has grown as well. Contracts provide the formal written understanding between parties to a transaction.
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