Your Customs Manager’s Post

Understanding HS codes is necessary for anyone involved in international trade, as they help classify goods and determine tariffs. But if you’re importing food, you should be aware of extra layers of complexity. 🍎🥩 Food imports come with additional regulations and documentation requirements beyond the basics of HS codes. Getting it wrong can lead to delays or fines, which makes it imperative to be informed. Check out why HS codes matter and how to navigate the unique challenges of importing food effectively.

For coffee producers, exporters, and importers, navigating the international trade landscape can be a complex process. One crucial document that ensures a clear flow from origin to roaster is the commercial invoice. This document serves as more than just a bill for the coffee you've cultivated, processed, and exported. It's a vital piece of information for all parties involved, including exporters, importers, and customs authorities. If you're looking for resources or solutions to manage your commercial invoice, feel free to leave a comment or reach out! # #coffeebusiness #globaltrade #coffeeindustry https://lnkd.in/gXm4QWyi

In most coffee-consuming markets, there is often a higher tax on imported roasted coffee than on imported green coffee. This can discourage those unable to absorb the cost from exporting roasted coffee. Germany imposes a 9% tax, while Japan has a tariff on roasted coffee of up to 20%. But these import tariffs aren’t just limited to major consuming markets – in India, Mexico and Panama, tariffs on non-decaffeinated, roasted coffee are 100%, 45% and 54%, respectively and in Brazil, up to 35%. In my latest article for Coffee Intelligence, I spoke with Spencer M. Ross to understand why higher taxes are levied on roasted coffee, but not green beans, and whether this is a reflection of a wider power dynamic in the coffee industry. #coffeeindustry #coffeeroasting #specialtycoffee

Are you confident in your goods classification?   Explore a comprehensive and hands-on approach to gaining a deeper insight into the classification of food items and its implications for your business.   Register today for our upcoming course with Tariff Classification specialist Calvin Sherratt on Thursday, November 2nd. https://lnkd.in/ePkcNSqS #importexport #importing #exporting #internationaltrade #foodindustry #customscompliance 

In most coffee-consuming markets, there is often a higher tax on imported roasted coffee than on imported green coffee. This can discourage those unable to absorb the cost from exporting roasted coffee. Germany imposes a 9% tax, while Japan has a tariff on roasted coffee of up to 20%. But these import tariffs aren’t just limited to major consuming markets. In India, Mexico and Panama, tariffs on non-decaffeinated, roasted coffee are 100%, 45% and 54%, respectively and in Brazil up to 35%. In today’s article, Jordan Montgomery speaks with Spencer M. Ross to understand why higher taxes are levied on roasted coffee, but not green beans, and whether this is a reflection of a wider power dynamic in the coffee industry. #coffeeindustry #coffeeroasting #specialtycoffee

Australian Wines in the Chinese Markets - A trade dispute that resulted in tariffs on Australian wine to China could be coming to end following movement on barley imports. It is hoped the barley breakthrough will mean the Australian wine tariffs, which can be as much as 212%, will finally be removed The punitive export sanctions contributed to wiping AUD$2.08bn off the value of Australian wine exports in the year to 30 June 2022 #wine #wines #barley #taxes #china #chinesemarket #aussiewine #aussiewines #winebusiness #wineindustry

Chinese Wine Market - China wine tariffs expected to be gone by end of March. The tariffs of up to 200 per cent were imposed amid a diplomatic dispute between China and Australia in 2020. It will be welcome news for the wine industry, which was hit hard by the tariffs of up to 200 per cent, with China then the industry's biggest export market, accounting for 40 per cent of the value of Australian wine exports. #china #chinesemarket #wine #wines #taxes #tariffs #tariff #australianwine #aussiewines #australianwines

Did you know that EU fresh fruit and vegetables imported into the UK are to be reclassified as medium risk goods? Logistics UK argue that this will cause confusion as businesses are unclear about what is required from them to ensure that trade can continue to flow smoothly. There is also no rationale behind this change in classification which is frustrating as the additional inspection requirements are likely to cause delays to the supply chain and increase business cost. Find out more: https://bit.ly/3ugeX9m #SupplyChain #LogisticsNews #BOTM