by Bill Armbruster, blog anchor For exporters that use significant amounts of imported components or raw materials, there are significant benefits to be had from setting up in a Foreign Trade Zone. The most obvious benefit is that they do not pay Customs duties on...
The Shutdown’s Collateral Damage to Trade
by Peter Quinter, guest columnist Even as agreement was being reached to re-open the federal government, the shutdown scored another hit on trade: Customs and Border Protection (CBP) announced on its website and to all registered attendees that it has postponed the...
Opportunities to Buy at Bargain Chemical Prices Rise as Rupee Falls
by Brian J. McCormick, guest columnist Our search for “The New Cheap”*, which took us to China in August and South Korea in September, now leads us to India, where declines in the value of the rupee against the US dollar should set the stage for attractively priced...
Import and Export Companies Can Cut Costs in FTZs, But Few Do
by Bill Armbruster, blog anchor Whether you’re an importer, exporter or distributor, doing business within a Foreign Trade Zone offers many opportunities to trim costs, yet relatively few companies pick up on them. “We were surprised that that so few companies were in...
Chemicals Price-Setter: South Korea
On the trail of “The New Cheap*” Chemcost finds an opportunity to save on precipitated silica | by Brian J. McCormick, guest columnist. Chemicals buyers – in whatever country they are based – can economically benefit from discontinuous price opportunities, wherever...
Where Is “the New Cheap”*?
Chemcost embarks on a global hunt for the best prices for chemicals to be had by China, and by the US | by Brian J. McCormick, guest columnist. The Datamyne US Best Price Benchmark created each month by Chemcost, based on Datamyne trade data, provides a global context...
Show What You’ve Got
It’s not too late for US exporters to apply for International Buyer Program B2B match-making at this Fall’s trade shows | by Bill Armbruster, blog anchor. Whether you’re looking to buy or sell, trade shows and trade fairs are excellent venues for reaching potential...
What Secret Shipments Reveal
… and other tips on gleaning chemicals price information from EU aggregate trade data | by Brian J. McCormick, guest columnist This July, Datamyne introduces US Best Price Benchmark© for chemical commodities, a monthly index of the best prices across global markets...
CBP on the Prowl for Copycats
Are Those Red Bottoms Really Christian Louboutins? | by Peter Quinter, guest columnist. Haven't you ever thought – Are those Tory Burch flats real? Is that Coach tag attached to an authentic Coach purse? Are those boots really UGGs? Is that Michael Kors wallet a...
On the Ground in Panama
Top US commercial officer scopes out FTA/FTZ opportunities for US companies Datamyne blog anchor Bill Armbruster conducted an extensive e-mail interview with Daniel T. Crocker, senior commercial officer with the US Embassy in Panama, earlier this month. Besides the...