If you’ve ever sourced products from China, you’ve probably heard of Yiwu Market, one of the world’s largest wholesale hubs. For years, many traders have seen it as an old but reliable place for finding everything from jewelry to home goods. And they’re right. The first five districts of Yiwu

Worldwide trade has been the center of the global economy for ages. It is one of the most profitable businesses due to its unique and massive value proposition. Filling the gap between international demand and supply promises great profit margins.  Thanks to technological advancements, moving goods from one country to

The global economy works on the rule of interconnectivity and trade. Starting an import and export company is one of the oldest and most profitable business ideas. Entrepreneurs can make use of this vibrant economic opportunity to establish a dynamic business that is profitable and sustainable.  However, this business requires

If you’re into a business where the buying and selling of physical goods are involved, you must have heard of shipping incoterms. This is especially true for the import and export business. There are the agreed terms and conditions between the buyer and supplier. FOB is one of those incoterms. 

A shipping container and international trade are inseparable. These big boxes make cross-border import and export possible. Established businesses have a strong connection with these containers as they bring or send their items from one place to another.  As soon as the world of trade experienced a boom, these containers