#International Trade
When businesses are born global
Byline: Karen Reddington, President, Asia Pacific, FedEx Express Traditionally, small businesses began in one’s backyard – selling to friends and neighbours. As these small businesses grew and ventured abroad, they would have sought out markets close by or those which were culturally similar before going beyond. But the Internet and e-commerce has made the world smaller […]
5 things to consider if you want to take your small business offshore
For small business owners, the intrigue of taking their products and services off shore can be too exciting to ignore. But among all the hype that international business can bring, there are still numerous risks to assess and manage if you decide international trade is right for you. Perhaps the most important area to consider […]
Finance key for helping Australian businesses succeed overseas
As the mining boom continues to lose pace, Australia’s trade and investment profile is changing. While the growth of our commodities sector may have diminished, other sectors are performing well as demand for Australian products and services overseas is strong and, in many sectors, growing. Against this background, there are a number of opportunities for […]
Lack of information holding back businesses from international trade
Compliance issues, red tape, and a lack of knowledge relating to FTAs are holding back many of Australia’s businesses from engaging in international trade, according to a new survey by the Australian Chamber of Commerce and Industry.
World Trade Week to highlight importance of international trade to NSW economy
A series of international trade events will be held across Sydney to recognise the importance of international trade to the NSW economy during World Trade Week NSW.
Merchandise imports up 4 percent for June
Merchandise imports for June were up 4 percent to $17,911 million, an increase of $621 million on May, but is unlikely to impact the RBA’s decision on rates in August.
Understanding Chinese business culture
China is opening its doors to foreign companies, and those that understand Chinese culture and the scope of the Chinese market will have an edge over competitors. Here are some cultural conventions to give foreigners an advantage when exporting to China: Small talk is critical to relationship building. Taking the time to make conversation will […]
Getting ready to export your franchise
Exporting franchises can be a great option for businesses in a country with a limited home market, such as ours. Domini Stuart looks at what it takes to get ready to export your franchise, and how some successful working franchise models took the international leap. Of the 6.6 billion people in the world, around 20 […]
Pointers on exporting to America
Exporting to America isn’t all that easy. So how should you go about it? Joe Parkes examines the big picture behind exporting to America and looks at how successful Australian exporters are working around problems. To Australian exporters, America often beckons like the biggest and most bountiful apple tree in the international trade orchard. While […]
Cutting red tape will facilitate Australian trade
Cutting red tape is an important step towards facilitating Australian trade, writes Ian Murray, executive director of the Australian Institute of Export. At a breakfast held recently on the Federal Government’s Export Policy and Programs Review, CEO of Tradegate Peter Blanchard asked the panel of exporters about its experience and opinion on Australia’s trade facilitation […]
Tips on trading in Turkey
Turkey’s economic growth and geographic location should be inspiring Australian exporters to investigate exporting to Turkey. But before you set off, here’s some advice about trading in Turkey. Export eyes are now on Turkey. As the country enters a modernisation process to boost its economic prosperity and impress the European Union (EU) during accession talks, […]
Checklist for international dispute resolution
After all the work you’ve channelled into securing an international partner, you don’t want your export relationship to sour over a disagreement. Here’s a checklist for exporters on how to prevent international disputes and how to resolve international disputes. Making a decision to export is a huge step, but even after researching the market and […]
Facts about Japan’s Economy
As one of the world’s largest economies, Japan’s economy holds great potential and opportunity for Aussie exporters. Fast facts: * Market size of 127 million people * Japan is Asia’s largest economy, and is the second largest economy in the world. * In 2005, Japan’s GDP made up 10 percent of the world’s economy, second […]
Building cultural understanding and export relationships
Building export relationships goes beyond just making sales. Joost Thissen, director of the Cultural Resources Centre, offers tips on developing cross-cultural relationships for successful export sales. Over the past years I have heard people discussing the importance of cultural differences quoting the expression: ‘When in Rome, do as the Romans do’. What bothers me about […]
Exporting to Singapore, a free market economy
Singapore has only a population of four million, but with purchasing power that equals or exceeds that of the leading nations of Western Europe, a Free Trade Agreement, and a tradition of barrier-free trade, there are plenty of good reasons to export to Singapore. When the Singapore-Australia Free Trade Agreement (SAFTA) was signed in 2003, […]