KNOWLEDGE

In the previous article, we summarized a few “mistakes” that small and medium-sized companies make most often in Export and International Expansion: [Link to the Part 1]  Part 2  Mistake #4: Underestimating export costs  Small and medium-sized enterprises often overlook the real cost of export and market entry.  The cost of customer acquisition is often […]

International Trade is expensive: international trips, certification, consultancy, sample delivery, etc. You name it.  Every company, especially an SME that has limited access to resources, tries to be careful while expanding internationally because the price for each mistake is very high. However, representatives of famous Trade Promotion agencies in Europe often mention that “90% of

Global trade flows are changing faster than at any time in history. This is the year 2025. The promising markets of yesterday may carry a lot of risks now: a wave of new tariffs, trade agreements, and sanctions changes the face of International Trade dramatically. At the same time, markets nobody heard of even a

For years and decades, the playing ground of International Trade was defined by openness and rapid expansion. It was still technically complicated to enter new markets because of the cultural, and regulatory barriers, etc. but for many years exporters haven’t heard about geopolitical tensions, tariff wars, and consequently, rising government protectionism.   Small and medium-sized exporters,

45 million people live in the six Gulf Cooperation Council (GCC) member states: Saudi Arabia, Qatar, Kuwait, Oman, Bahrain, and the United Arab Emirates (UAE). About 30% of the world’s oil reserves and roughly 23% of its natural gas reserves are in the resource-rich area. This region has consistently attracted exporters over the years, and

In 2023, the South Asia, East Asia, and Pacific regions reached a population exceeding 4.3 billion, representing over 54% of the global population (World Bank). This vast demographic, combined with rapid digitalization and shifting trade dynamics, has made Asia the core of transformative changes in international trade. Asian economies are thriving in export-driven sectors, capitalizing

Geopolitical risks, including trade wars, sanctions, and political instability, have a significant impact on global trade, directly affecting exporters worldwide. To stay competitive in international markets, exporters must be proactive in responding to these risks. For instance, in 2023, Mexico surpassed all other U.S. goods trade partners, while trade between Vietnam, the U.S., and China

According to the mutual efforts of WTO and OECD, the following definition of Digital trade has been created: “Digital trade is all international trade that is digitally ordered and/or digitally delivered”. Virtually every aspect of the economy is experiencing shifts due to digital technologies, and international trade is no different. Both households and businesses utilize

Both B2B and B2C export sales processes were severely transformed during the last decade because of the rise of digital marketplaces. E-commerce is now a vital component of international retail. Like numerous other sectors, the purchasing and selling of goods has experienced a significant shift with the introduction of the Internet. One of the factors

Product customization for export growth has become a crucial strategy for businesses aiming to expand their international presence. By tailoring products to meet the specific needs and preferences of different regions, companies can significantly enhance their appeal to global consumers As described in the previous article, the international trade approach was transformed in the course