Dear Dr. Rufino,
Congratulations on your planned venture to export handicraft to the USA.
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To answer your question briefly, you may click on this link to The
Department of Trade and Industry. They give more precise procedures and
detailed information and of course, with authority.
http://www.dti.gov.ph/dti/index.php?p=223
It is better to follow their instructions and suggestions, however, on
the shipping process, I suggest that you contact an Export Broker. To do the
shipping yourself requires a lot of work for you in the documentation and
inspection process. If you hire a brokerage firm, you only prepare your
PACKING LIST (s) and the broker takes over. Then hands all documents to you
when the container is loaded and shipped. Then you can present these
documents to your bank and collect the proceeds of the Letter of Credit. If
the merchandise are PREPAID, then you can mail the Invoices and required
documents to your buyer (s)
By the way, this answer is on the presumption that you are already
organized and ready to go.
Otherwise, I suggest that you make more research, specially on the
category of the craft that you wish to get involved with. Then make a market
study and see how it could produce a good profit for you because handicrafts
in my experience is a very low margin business. The cost from the
manufacturer to final loading of the goods sometimes become very high and
the buyers also demand that they pay only so much. Make a thorough research
before you do anything else. Visit the the DTI website as well as get
information from CITEM. They will help you succeed.
I have a few articles about International Trading which might be of help.
You can read them here:
http://www.powerhomebiz.com/vol21/trading.htm
http://www.powerhomebiz.com/vol8/exporting.htm
http://www.powerhomebiz.com/vol11/trading.htm
In the meantime, start with the Bureau of Census and Statistics.
Let me know the outcome.
Nach M Maravilla
About the PowerHomeBiz.com Guide:
Nach
Maravilla is the Publisher of Power Homebiz Guides. He has over
thirty years experience in sales and marketing of various
products, which covered as he jokingly describes, "from
toothpicks to airplanes" He also had extensive experience
in International trading and he always excelled in special
promotional ideas for retail outlets.
The opinions expressed in this column are
those of the author, not of PowerHomeBiz.com. Users should not
treat the Guide's response as legal, accounting, or professional
advice as all answers are intended to be general in nature. Such
advice can only be properly given by qualified professionals who
are fully aware of a user's specific geographical areas or
circumstances, such as an attorney or accountant.