Gain insight into the ins and outs of international shipping and logistics, including how to get set up, what's different from domestic shipping, understanding costs, navigating customs, and more. Getting your inventory across borders can be confusing - this presentation will answer all your questions.
2. GoToWebinar housekeeping: attendee participation
Open and close your control panel
Join audio:
•Choose Mic & Speakers to use
VoIP
•Choose Telephone and dial using
the information provided
Submit questions and comments via
the Questions panel
Note: Today’s presentation is being
recorded and will be provided within
48 hours.
Your Participation
3. Table of contents
•Global opportunity
•International vs. domestic shipping
•Getting products to FBA
•Calculating shipping cost
•Import requirements
•Handling customs
•Shipping from China
•Bringing your profits home
5. What do you need to know?
•Custom duties and taxes
•Customs visibility of trade
– Intellectual Property Rights
– Agency regulatory bodies (FDA, USDA etc.)
•Incoterms/Terms of Sale – who is responsible for charges at each
point of the transit
What needs to be done before shipping overseas?
•Research!
•Know the duty rates
•Understand government agency requirements
•Set expectations about timeframes (allow for a cushion)
•Understand Amazon and other fulfillment requirements
•Build a buffer for time zone differences and national holidays
– Chinese New Year – suppliers closed for approximately 2
weeks at the end of January
How does shipping internationally differ from domestic?
7. Getting your products to FBA
•Amazon has 31 fulfillment centers across the EU, and Shapiro can help
you ship to any of them
•Amazon determines which warehouses you must ship to
– This summer they will be forcing more sellers to split cargo
amongst several FCs (US)
Knowing how much product to send
•Research your sell through reports and market
•If you’re using other fulfillment services, you could consolidate to save
on shipping
– Shapiro can ship to Amazon or other FCs, can bring in a
container and split deliveries out or provide temporary
storage
•There’s no minimum that you need to ship, but it’s most cost effective
to ship at least 1 cbm/150 kg
•Small items should go as loose freight
How do I get my products to FBA?
8. • Freight rates are based on mode, volume, weight and distance mainly
• Also consider commodity types (e.g. hazmat goods may cost more)
• Duties and taxes vary by country so importers should fully research this before selecting a commodity
– E.g. UK charges VAT on top of duties, while some countries have free trade agreements
– Some countries impose high duty rates on goods coming from countries where goods are produced and
sold at below fair market value (anti dumping / counterveiling duties)
• Cargo exams can cost money, which the importer would be responsible for
How are shipping rates calculated?
9. Amazon has strict rules!
•Type of pallet they accept
•Overall packaging
•The appointment process
•When the cargo can be delivered
Understanding customs
•Customs requires that the true value that you paid for the goods be reported on
customs declaration
•Manufacturer info, gross and net weights, material breakdowns or ingredient lists are
also required
Remember: Other government agencies will have requirements outside of
customs too
What are the import requirements for shipping to
warehouses?
10. Documentation to send with palette
•FBA pallet labels and carton labels
•Gross and net weights
•Packing slip, including # of cartons, units per carton, and carton dimensions
•Commercial invoice and packing list
•Bill of landing
Understanding VAT
•VAT differs between countries
•It’s charged as a % of the shipping, duties, cargo value and any insurance paid
•Charged to the end user at the time of the final sale
Import brokers
•You need a broker for customs clearance if you’re shipping with a freight
forwarder
•If shipping small parcels, couriers like DHL/Fedex can handle the clearance of
small, low value shipments
How do I handle customs?
11. • You can ship to FBA from just about anywhere
• Shapiro’s agent in China can coordinate with your shipper on the export
• Even if you can’t get everything packaged for FBA before shipping, Shapiro’s agents can palletize and add labels
• Make sure to get your quality check done beforehand!
Can I ship directly from China to FBA EU/UK?
12. Br i ngi ng your
f unds home
Revenue from your
overseas sales
Marketplace converts your revenue
at an unspecified rate and at
a time of their choosing
Marketplace Solution
Revenue from your
overseas sales
Marketplace sends your
revenue to your in-country
receiving account
You pick when to bring your
money home at our great
exchange rates – your
money when you want it!
Revenue arrives in
your home bank account
Revenue arrives in
your home bank account
14. • These comments are the views and opinions of the author and should not be construed as advice. You should act
using your own information and judgment.
• Whilst information has been obtained from and is based upon multiple sources the author believes to be reliable,
we do not guarantee its accuracy and it may be incomplete or condensed.
• All opinions and estimates constitute the author’s own judgment as of the date of the briefing and are subject to
change without notice.
• Any rates given are ‘interbank’ i.e. for amounts of $5million or more thus are not indicative of the rates offered by
World First.
• World First USA, Inc. is a Delaware corporation, registered as a Money Services Business in the United States
with FinCEN, and holds licensing as a non-depository financial institution with the Nationwide Multistate Licensing
System (NMLS#1018479). World First USA, Inc. is also registered in Canada with FINTRAC (registration number
M11393445).
Disclaimers
Editor's Notes
TJ
2. Consult the FBA pricing pages on Amazon to check how this will affect you.
3. Why to use FBA
6. Pan European Account.
7. More channels for sales- Single-source your inventory to streamline your fulfillment operations.
LucyWhat do you need to know?
Custom duties and taxes
Customs visibility of trade
Intellectual Property Rights
Agency regulatory bodies (FDA, USDA etc.)
Incoterms/Terms of Sale – who is responsible for charges at each point of the transit
Get what you pay for when it comes to services, so choose partners wisely!
What needs to be done before shipping overseas?
Research!
Know the duty rates
Understand government agency requirements
Set expectations about timeframes (allow for a cushion)
Understand Amazon and other fulfillment requirements
Build a buffer for time zone differences and national holidays
Chinese New Year – suppliers closed for approximately 2 weeks at the end of January
LucyFreight rates are based on mode, volume, weight and distance mainly
Also consider commodity types (e.g. hazmat goods may cost more)
Duties and taxes vary by country so importers should fully research this before selecting a commodity
E.g. UK charges VAT on top of duties, while some countries have free trade agreements
Some countries impose high duty rates on goods coming from countries where goods are produced and sold at below fair market value (anti dumping / counterveiling duties)
Cargo exams can cost money, which the importer would be responsible for
LucyAmazon has strict rules!
Type of pallet they accept
Overall packaging
The appointment process
When the cargo can be delivered
Understanding customs
Customs requires that the true value that you paid for the goods be reported on customs declaration
Manufacturer info, gross and net weights, material breakdowns or ingredient lists are also required
Remember: Other government agencies will have requirements outside of customs too
LucyDocumentation to send with palette
FBA pallet labels and carton labels
Gross and net weights
Packing slip, including # of cartons, units per carton, and carton dimensions
Commercial invoice and packing list
Bill of landing
Understanding VAT
VAT differs between countries
It’s charged as a % of the shipping, duties, cargo value and any insurance paid
Charged to the end user at the time of the final sale
Import brokers
You need a broker for customs clearance if you’re shipping with a freight forwarder
If shipping small parcels, courtiers like DHL/Fedex can handle the clearance of small, low value shipments
LucyYou can ship to FBA from just about anywhere
Shapiro’s agent in China can coordinate with your shipper on the export
Even if you can’t get everything packaged for FBA before shipping, Shapiro’s agents can palletize and add labels
Make sure to get your quality check done beforehand!