What are some of the obstacles to exporting american goods to other countries?

Question

I was thinking of exporting clothes and bath related merchandise and selling them in central america for a profit. The merchandise would be stuff I would buy on clearance at local stores. Are there any fees, laws, taxes, declarations, penalties, that might make me change my mind about doing something like this?

Thanks in advance

Answer 1

yes, you have tarifs (taxes) when exporting to other countries. Some of these are pretty high. Also unless you are going to put the stuff in a bag and carry it down there yourself you would have to find a "importer" in that country and pay them to get your stuff through that countries verson of a customes department. Good news is if you do hire an importer they can handle all the shipping of your goods in that country ( which is not as easy as it sounds) In counties in south America you may also run into the need for some "under the table" money to make the process work better.
And do not forget that even sale price stuff in the USA is normally way to expensive for the majority of the population in Central America.

Answer 2

Well, it depends on country of origin the product is made too. For example, if the shirt is made in China a country could determine according rules of origin procedure that shirt or pants deserves a 30% tariff or more. Also, non-tariff barrier exist too would have to pay a customs broker in a country money to determine the country of origin of the clothing, and to determine if the clothing is stolen. Also, a business license would be required to sell the products thru the legal market. Also, they could ask for collateral for selling goods of those sort, and the selling of the shirt would require a local vendor in some situations. Not easy as you think it takes like 60 days to open a business in Most Latin American countries. Contractual screw can cost your business 20% of lost profits thru poor mediation and implantation of the business to sell used goods. Finally, a Qurantee sheme can be cleverly setup to ensure the shirt have safe dyes, and detergents put into the shirt, and would have to produce a ingredient list of selling the used clothing to ensure the product is safe. Probadly only gonna make money only selling it on the black market, but get caught a El Salvador, or Parmanian Jail not the place to be.

Answer 3

tariffs