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    Current page location: Home > Answers > What is the import-export business?
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    Shelly King
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    What is the import-export business?

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    • Time:2018-10-29 10:28:59
    What is the import-export business?
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    Feifei Wang
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    Starting an export business would depend on your location, export destination, and most importantly, target product.

    There are three key factors in any export/import business: market trend (demand and supply, and market growth), sourcing cheap suppliers, and finding prospective buyers.

    Let me give you almond export business as an example.

    Market Trend:

    Almond price can fluctuate as almonds only grow in hot and dry climates. Only specific regions are adequate for planting almonds, and unexpected weathers can severely steepen the price. That being said, you need to know the real-time market trend of almonds - price most importantly.

    Last winter, almond market faced growing instability as unexpected frost hit caused severe damage to California, world’s largest almond supplier. In March 2018, China decided to impose an additional tariff on U.S. almonds, which will take effect in upcoming July.

    #1Floor 2018-10-29 17:29:43 Reply(0)
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