Market Research for Import Export Business

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The business of import and export is somehow connected with government activities. As far as we think and the process of this business is concerned, you do not need to do much marketing research. In this, you have to deal directly with big companies, which send their products from one country to another.

Where to buy machinery and equipment required for import export business?
For import export business you need not just one but more than one equipment. Depending on the level of your business, you may need transport and some machinery.


For this you need a ship that can move your goods cayman islands whatsapp data from one place to another. Apart from this, you also need some machinery, which is used to move goods from one place to another. This can cost you up to lakhs of rupees. This business is called the business with the highest investment.

Also read: How to start a transport business?

Where to buy things required to start import export business?
To start this type of business, you need not one but many things which you cannot buy directly from the market. Such as ships to send and receive goods, trucks and vehicles to collect goods across countries and cities and many machines that help you in counting and printing labels on packed goods. Apart from all these, according to the business, you also need a store room and a warehouse for the goods.

Documents required for import export business
For import export business you need some important documents, which are necessary in international trade. These are:

Current bank account: You must have a current bank account in the name of your company. This is at the top of the list of most important documents.


IEC Certificate: – Apart from a bank account, you must also have this certificate. You have to get this certificate from the DGFT website. DGFT means Direct General Forex Trade

RCMC Certificate: This is the certificate which depends on the type of goods you want to import or export. You have to get this certificate through EPC i.e. export promotion council. They also have different departments for different types of goods.