International Trade has never been an easy industry, but between the UK scrambling to organize their trade agreements due to BREXIT making them start from scratch and the Trade War between the US and China continuing to escalate, things are getting more complicated than ever.
Even the most established buyers, sellers, shippers, and manufacturers are getting shaken by the changing tariffs and sanctions, leaving small and medium enterprises barely able to keep up at all. With the cards stacked like this, it’s easy to think that those just starting out are at the greatest disadvantage of all, but in truth, they stand the most to gain.
While the larger and more experienced companies struggle to reshape their old business practices around these new regulations, smaller and newer businesses have greater flexibility, and can adapt their strategies to meet current market standards quicker and easier than the competition. That’s not to say it will be a simple process, these conditions aren’t ideal for anyone, but the strongest and most successful bonds are often forged through overcoming challenges just like these.
Indeed, small businesses that capitalize on their ability to adjust faster and connect with one another to expand their operations will be able to seize opportunities that larger and more complicated corporations will be too slow and busy to act on.
However, in order to properly adjust and apply their new business strategies, entrepreneurs will need to know just how to keep up with customs and sanctions changing the way they are. This requires the help of experts analyzing the markets and making calculations on growing trends, which was once something small businesses couldn’t hope to afford. In fact, because there were few lucrative opportunities in the independent sector, these very experts had little choice but to join large corporations.
However, Exima is proud to offer a network connecting professionals from every corner of the international trade field.
Our import export association brings together service providers looking to move their merchandise and legal specialists with the training and expertise to negotiate contracts and navigate paperwork. Our partners span the entire spectrum, from government agencies to freelance lawyers, all available to offer their advice and wisdom to create lasting and sustainable ecommerce solutions for any issue our members may encounter.
As we said, the strongest and most successful bonds are forged through overcoming challenges, and Exima’s global trade hub is here to unite import export professionals from around the world, offering the resources and platform we need to grow and succeed together.