Importing , like anything else, has its good and bad sides. Although a country that participates in international trade through the importation of products, whatever it is, it contributes to enriching the standard of living of its country. Since the import allows consumers to have more diversity in terms of products. It also allows them to expand their cultural horizon. Since you have the option to consume products from other places. In addition, the import also carries with it an innovation factor. Since companies face greater competition. And this can also be beneficial for the country’s economy.
However, importation can also be a threat to local commerce, as well as jobs. If imported products become important, the market share of local products may decrease or even disappear. Also, if the competition is too strong, it can dominate the market.
Nevertheless, it is very attractive for an export company because it allows it to expand its market and expand its customer base. This way you can maximize sales . Although without a doubt, before venturing into international trade, the pros and cons must be evaluated.
The export also reduces the risk: do not put all your eggs in the same basket.
For a company, export has great advantages : for production, for commercial advantage and of course for profits. First, it is possible to increase the life of a product. If we sell a product that has become outdated or has gone out of style in our country, it is possible to bring it back to life in other countries where technology is less developed or where this product is a novelty.
On the other hand, the export also reduces the risk (do not put all your eggs in the same basket) since from one country to another customs, tastes and values change. This makes our products have new opportunities to sell. In addition, an export company is placing itself in a situation in which foreign competition is more fierce and threatening, which forces it to always innovate to maintain its market share. Finally, when exporting, we end up with a broader customer base, so our turnover and profits increase.
However, international trade can sometimes involve certain risks. It may be that a company has problems with customs or has difficulties with the temperature if its products require cold, which delays its efforts. Sometimes, these attempts may run poorly. So when a company is established in a new market it can be a failure and a waste of money. It can also be difficult to adapt to a new culture or a new market. In addition, export requires the expense of large sums of money. Although without a doubt, it can also bring great benefits .
What mode of freight transport to choose for your logistics?
A critical element of logistics and the supply chain is transport. Since it allows us to send and receive products daily. That is why it is important to choose the best way to transport goods. This way you have to evaluate all the factors that could affect your delivery. We must find the transport that best suits the needs of our business, the most profitable and the one that does the job on time.
Road transport is the most used land transport mode in Spain and the rest of the world. It is also indispensable, because even if you choose another transport, such as air or sea transport, you will need a truck to deliver the goods at the port of departure and pick them up at the port of arrival to the destination address. The advantage of road transport is that deliveries are fast, it is ideal for short and long distances. It is also suitable for products that require a controlled transport temperature, such as medicines, for example. But like any means of transport, it has a disadvantage and no less important, in fact, transit time is subject to the flow of road traffic.
Nothing can stop a truck, nothing except the vast ocean.
Ground transportation is expensive, but it has an undeniable advantage: its flexibility. No matter where you go … Nothing can stop a truck, nothing except the vast ocean. Impediment that leads us to talk about another widely used method of transport: maritime transport . Since this is also the preferred means of transport for importers due to its very low cost . Either through a complete container (FCL Full Container Load) or by renting part of a container (LCL Less than Full Container Load), it is the most advantageous means of transport in terms of price. Its great drawback is that it is much slower and is also subject to shipping dates for shipping and freight forwarders.