How to find potential buyers for cashew nut in Middle east

Finding a buyer or seller for export is not very easy to find out in this current scenario.Potential buyers is mostly comes from any countries,it depends on the products and payment terms.

Those buyers may comes from family members,suppliers,community, through B2B portals,online promotions for your company profile.Most of the exporters fails in these three factors: Financial, Strategic,Business plans.

The biggest problems for manufacturers is finding the potential buyers from their home products.They may failed in the way for export quality products or may be in packaging or for payment terms which may not satisfy their buyers.

Many of the exporters has some conditions in sending samples and for export orders.They have some payment terms which may not affect their business and other criteria in export or import.

Here we would like to say some suggestions for finding potential buyers for cashew nut in Middle east:

Trade shows: Exporter can participate in all trade shows and find the potential buyers which related to their products.They can showcase their products in international shows to express their interest

Networking: Having contacts with suppliers and distributors for their products.There may be chance to get new links for exports through networking.It will create rapid growth in your business

Advertisement: Giving ad in the magazine which related to export or ad campaign in trade shows in india and other countries which definitely helps to find the potential buyers in your country and also in other nations.

Refer: www.eximguide.com/node/48

Cashew nut export promotion council

Cashewnut export promotion council

Countries import needs

Countries Import Needs

Barack Obama Quote

Change will not come if we wait for some other person or some other time. We are the ones we've been waiting for. We are the change that we seek.

Barack Obama

How to find the potential buyer & seller in exports

Potential Buyer & Seller

How to get export & import guidance

Exports & Import
Complete Guidance

Complete Export & Import Guidance

Why exports & imports ?

How to prepare project details to bankers'

Financial Assistance 

Important ways to follow to setup a successful Export firm

How to analyse the export demand of any particular product ?

Export for Beginners

How to find buyer / seller genuineness

It is not easy to find the genuineness of buyer and seller in the foreign market.

In brief, we can find the buyer/seller genuine through our quality, ECGC or may be your relatives in that specified location or check that company name through search engine.

A genuine buyer is not ready to purchase bulk in the initial order or transaction. They will take some time to judge your company products for first 3 to 4 transactions. We can send it accordingly based on the buyer needs. They will gradually increase the order once they are fully satisfied with our goods. Before closing the order, do negotiating the prices and finalize the mode of payment with the buyer or seller.

We can check the buyer or seller genuineness through Export Credit Guarantee Corporation of India (ECGC). Initially,we have to take a policy based on credit risk insurance and guarantees. Those policy will covers the insurance for marine and political issues, takes risk of getting payment from the buyer or seller.ECGC provides the credit information of overseas buyers.

We can also verify the genuineness of buyer or seller through own source. Your relative or reference may be living in the location which are dealing the export order now. They may have a chance to visit the buyer location so that we can take initiate to take risk of our own. We should take any risk with their knowledge and relative opinion.

Internet plays a vital role in any kind of industry. Exporters are also getting benefits through internet, they can get all the details through search engine like google, yahoo,msn and other search engines. Many B2B web portal provides valuable source for exporters and importers and they checks the genuineness of buyer or seller if we are paid members. We can also check the company name,address,website through the internet.They donot hesitate to give the contact information once we are going to confirm the order.From these we can confirm the telephone number and address 

High demand export products

These top imports and exports in India include products like:

• Agricultural products

• Automobiles 

• Chemicals 

• Food and beverage products

• Industrial goods

• Pharmaceuticals and biotechnology

• Defense products, etc

Top import and export products in India :

Living animals, milk products, wheat, rice, coffee, tea, spices, cumin seed, tamarind powder, sesame seed, sugar, henna, herbal extract, medicines, fertilizers, chemicals, salt, iron ores, minerals, books, leather products, textile, dyes and pigments, home furnishing, footwear, brass items, Aluminium items, sanitary wear, ceramic, glassware, flanges, fittings, embroidered and Zari items, pipe and pipe fittings, handicraft, cables, medical disposables, laboratory equipments, surgical equipments, sports goods, wooden furniture and various other engineering and electrical products.

The mounting expenditures of the core income sections of the society have resulted in the imports of the country. The chief items of imports are:

Cereals and preparations, Fertilizers, Edible Oil, Sugar, Pulp and waste paper, Paper, Newsprint, Crude rubber, Non-ferrous Metals, Metalliferrous ores and metal scrap, Iron and Steel, Crude Petroleum and petroleum products, Pearls, Precious and Semi-Precious stones, Machinery, Project Goods, Pulses, Coal and its derivatives, Non-metallic, Organic & Inorganic chemicals, Dyeing, tanning material, Medicinal products and Pharma products, Artificial resins, yarn & fabrics(silk, cotton, wool), electronic goods, wood and wood products, gold and silver, essential oils, computer software, etc

How to get IE code for export ?

A citizen or a company starting a business for International trade has to Register the Company with the Director of Foreign Trade under the Ministry of Foreign Trade, to obtain an IE Code number, then only one can export materials to other countries and import materials from other countries to India.

DGFT provides every exporter an unique Import Export Code Number. IE Code Number is a ten digits code required for the purpose of export as well as import. No exporter is allowed to export his goods abroad without IEC number.

On the basis of IEC, companies can obtain various benefits like incentives, drawbacks facilities on their Exports/Imports from DGFT, Customs, Export Promotion Councils etc.

source: www.eximguide.com

Varieties of Cashew nuts

Varieties of Cashew nuts

White Wholes (W240) Cashew
White Wholes (W210) Cashew   
White Wholes (W180) Cashew
White Wholes (W 320) Cashew
White Wholes (W 450) Cashew
Scorched Wholes (SW 240) Cashew
Scorched Wholes (SW 210) Cashew
Scorched Wholes (SW 320) Cashew
Scorched Wholes (SW 450) Cashew
Scorched Wholes Seconds (SSW) Cashew
Scorched Small Pieces (SSP)
Scorched Splits (SS)
Scorched Butts (SB)
Small White Pieces (SWP) Cashew
Fancy Splits Cashew (FS) Cashew
Large White Pieces (LWP) Cashew

source: www.eximguide.com

What are all we need to start an export / import company

To start an Export company, select a name for the Company and it is to be decided whether it is a

Proprietor concern -- Single owner / Proprietor.

Partnership concern - Two or more partners in a company.

Limited Company - Two categories viz., private Limited company or Public Limited company.

Private limited company is owned privately by a small group of people and Public limited company is owned by public share holders.

Next Step In Export Is To Open A Bank Account:

Open a Current account in the name of the Company from a reputed Bank .Current a/c is opened by people who are engaged in trades, businesses. Current account is a bank deposit that can be withdrawn by the depositor at any time.

Current Account Can Be Opened By:

Any resident Indians who are 18 or above in age.

Individuals/Sole Proprietorships/Partnerships/Private and public companies.

Others like Govt. and semi Govt. bodies, local authorities etc.

Bank requires minimum deposit of Rs.10,000 to Rs.50,000 for opening a current account and it varies from Bank to Bank. Generally, nationalised banks require less Minimum Deposit.

Documents Required For Opening A Current Account:

Two passport size photographs.

Proof of residence i.e. Passport/driving license/Ration card/voters identity card.

Introduction of the person by an existing account holder.

PAN number / Declaration in form no.60 or 61 as per the Income Tax Act 1961.

Different set of documents are required as per bank's norms, if the account is opened by partnership firms, private and public limited companies, HUFs / societies, trusts etc.

Registration with Sales Tax authorities and Central excise authorities are also necessary.

Same procedure is applicable for starting an import company

How to find the demand of a product from one country

It is easy to find the demand for a product in all the countries.We can find the product demand through internet and search through search engine like google,yahoo and other search engine. Government authority also announces the product demand for their country.From these we can find the exporter or importer so we can contact them for your products or services

for example: There is a product demand for spices products, food products from India.dry fruits so we can contact the exporter or importer for that countries. Food products,pickles are always demand for the product in Singapore and Malaysia. Likewise, you can find the product demand for the other countries. so we can contact them directly or through online support.

In addition to focusing on the good points of your product and targeting the weaknesses of your competitor’s product, it is highly important that you focus on the brighter side of your product. You need to tell your customers what is unique about your product that other similar products available in the market do not have. Make sure you highlight the brighter side of your products in all forms of advertisements. 

Once you know people’s needs you will not only find demand for your product but you will also see that there is an increased exposure and interest among the people for your product or services

Tips to start up an export company

An export is any good or commodity for use in trade transported from one country to another country in a legitimate way, for sale or exchange is called export.

Basic steps in becoming an export business success:

• Research your market.
  Learn about your competitors, their products and prices.
  
  
• Know the customers.
  How can you customize your products to meet foreign customers' needs?
  
  
• Understand the concept of "many markets."
  Every market has different demands.
  
  
• Know the market's style requirements. 
  Some customers don't mind premium prices, as long as quality is also superior.
  
  
• Learn the sales system and master the distribution network.
  Find the right sales and distribution channels. Be careful about requests for "exclusive rights."
  
  
• Don't expect your foreign customers to understand English.
  Be ready to translate your packages, instructions, and manuals.
  
  
• Learn to write clear communications.
  Make messages, letters, faxes and emails clear, concise and accurate.
  
  
• Visit the market.
  Learn first hand! See your products in use. Collect competitors' samples.
  
  
• Visit prospects.
  Urge your distributor or representative to set up three or four appointments each day for you with prospective customers.
  
  
• Be responsive and responsible.
  Answer questions promptly.
  Offer prices and delivery terms you can meet.
  
  
• Provide for local service.
  Fix or replace products. Foreign customers don't want a cash credit.
  
  
• Arrange for export financing.
  You'll have new needs for working capital, letters of credit, wire transfers and currency exchange.
  
  
• Discuss the business with a reputable freight forwarder.
  You'll need assistance with shipping.
  
  

For details: www.eximguide.com

List of Export Websites

List of Export Websites:


http://commerce.nic.in/epc.htm 
http://www.indiamart.com/ 
http://www.eximguide.com/ 
http://www.foreign-trade.com/ 
http://www.go4worldbusiness.com/ 
http://www.alibaba.com/ 
http://www.trademart.in/ 
http://www.tradeindia.com/ 
http://www.allindiamarkets.com/ 
http://www.eximkey.com/ 
http://www.commodityindia.com/ 
http://www.indiamarket.com/ 
http://www.fieo.org/
http://www.infobanc.com/ 
http://www.exportersindia.com/


For more details : http://www.eximguide.com/node/27

How to Export

Initially to select a name for the Company and it is to be decided whether it is a


Proprietor concern -- Single owner/Proprietor.
Partnership concern - Two or more partners in a firm.
Limited Company - Two categories viz., private Limited company or Public Limited company.


Private limited company is owned privately by a small group of people such as a family. They are not allowed to offer shares (in the company) to the general public and can function just as director.


Public limited company is owned by public share holders and they are allowed to offer shares of the Company in the market.


Next Step In Export Is To Open A Bank Account:


Open a Current account in the name of the Company from a reputed Bank .Current a/c is opened by people who are engaged in trades, businesses. Current account is a bank deposit that can be withdrawn by the depositor at any time,and he is at liberty to operate this account any number of times in a day unlike savings accounts, where only limited transactions are allowed. Current account bears no interest.


source: http://www.eximguide.com/

How to get permanent success in Exports

Three principles to be strictly followed in doing export business:

Quality of the Product.

Delivery Schedule in Time.

Tight Packing of the Material.

source: www.eximguide.com

IMPORTANT RULES FOR SETTING UP OF AN EXPORT BUSINESS:

1. Selecting a most suitable type of business organisation viz, Proprietorship,Partnership,others etc, 

2. Open a current account with a bank and Register with the Regional Licensing Authority to get IE Code No. and other Export Promotion Councils, ECGC, Sales Tax Authorities, Excise Authorities etc.,
3. Export business correspondence: 
4. Forwarding export samples and exhibits;
5. Negotiating with Prospective Buyers and entering into export Contracts directly, or if necessary, appoint overseas agents;
6. Understanding new Export Policy and Procedures;
7. Obtaining Credit limit for the Buyer/Buyers's country from E.C.G.C.
8. Obtaining finance for export;
9. Booking Forward Exchange contracts for avoiding Loss from Adverse Exchange Rate Fluctuations;
10.Ensuring Compliance with Quality Control and Preshipment Inspection of goods;


for further details: www.eximguide.com

Indian coffee exports goes down: 3.5 lacs tons

In last fiscal year 2011-12 (oct-sep),India's coffee export will be decreased to 3.49 lacs tons.American agricultural department said that indian exports are down by 1 percent (3.52 lacs tons)which is compared to the last fiscal year (2010-11).

According to coffee board statistics,60% of the total coffee production is exporting to other countries.Robusta coffee is the coffee variety which is most preferred by the world wide.European countries is the key player for our coffee.

Last 10 years,in India many multinational companies have started many coffee sales outlet which leads to increase of tea consumers especially youngsters.

India will achieve 50,000 crore dollar in exports

In the next financial year 2013-14,India's exports will increase upto 50,000 cr dollars,Commerce and industry minister Anand sharma said in the meeting.


Anand sharma said at a seminar organised by the Indian chamber of commerce and industry,he believes that we will achieve the $500 billion target (2013-14).

We are clear that we could not wait for demand in traditional markets of the Europe after they affected in global financial crisis and we are moving on positive approach.

India's total exports, 62 percent ($188 billion) to Africa,Latin america and other asia nations.

At present,we have identified that 112 markets across the world. We are planning to expand and coverage of the market.

This fiscal year in the first half of 2011-12, 2,445 crore dollar with 3.23 percent growth, which is less compared to the last year same period with the value of 2,369 crore dollar.

What is Export

Materials available in a country sold to other countries which are in need of the material and by which earning foreign money to the respective country is called Export.
In otherwords, an export is any good or commodity for use in trade transported from one country to another country in a legitimate way, for sale or exchange is called export.
Any exporter can decide to export directly or indirectly to a foreign country.
Sales representatives, distributors, or retailers who are located outside the exporter's native country involved in selling goods means direct exports,by which goods and services that are sold to an independent party outside of the exporters country.
Selling goods to an independent domestic mediator in their own home county and they export the goods to buyers in the foreign market is indirect export.
To make the decision for export, the exporter has to consider certain factors, such as what will the profit by exporting and the aim of the company, what will be the demands of the buyer and its resources such as production capacity, the strength of the management and monetary capacity etc., These are the basic factors which decide one to make export.

source: www.eximguide.com