Also called the consignee, customer or buyer. Importer: The importer is the end-customer who buys the goods shipped by the exporter.
There are various types of exporters – merchant exporter, manufacturer exporter, service exporter, third-party exporter, project exporter and deemed exporter. Also called the shipper, supplier or seller. Exporter: The exporter produces or procures the goods and ships them to another country.The processes involved in the import process.In this piece, we explain the multiple steps involved in importing goods into India via sea, using an FCL transaction as an example. Alternatively, importers can have their time-sensitive and valuable cargo delivered by air, although it costs more to transport by air than by sea.Ĭheck out Cogoport’s FCL shipping guide here, LCL shipping guide here, and air freight guide here. An FCL shipment is larger than an LCL shipment and also has a shorter transit time. A consignment that takes up an entire container is called an FCL shipment while one that occupies just a part of a shared container is called an LCL shipment. Importers can have their shipments delivered by ocean liner either as a Full Container Load (FCL) or Less than Container Load (LCL).
Shipping by sea and by air are the most popular modes of transportation in international trade. If you haven’t, you can take a look at it here. If you are a regular visitor to Cogoport’s blog page, you might have read our guide to the export process. Imports are important because they help countries source products for domestic consumers that might not otherwise be available within their borders. When a business based in one country purchases a product or service provided by a business based in another country, it is called import.
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