How to start an import and export business

Quick answer

A free trade course built from official sources. The International Trade Administration's Exporting Basics series covers markets, buyers, payments and paperwork, HMRC and Flexport explain customs, commodity codes and freight, and the International Trade Centre shows exporters from Rwanda, Ethiopia and Uganda. Play all on repeat, or A–B loop one step.

Play all on repeat

Videos in this playlist

  1. 1Exporting Basics: The Export Process OverviewExporting Basics: The Export Process OverviewInternational Trade AdministrationPlay from here Loop
  2. 2What is customs?What is customs?HMRCgovukPlay from here Loop
  3. 3What is export potential?What is export potential?International Trade CentrePlay from here Loop
  4. 4Export Experts: Are You Ready To Export?Export Experts: Are You Ready To Export?International Trade AdministrationPlay from here Loop
  5. 5US Export Market Research | Export.Gov Exporting Basics Video Episode 4US Export Market Research | Export.Gov Exporting Basics Video Episode 4International Trade AdministrationPlay from here Loop
  6. 6Selecting Initial Export Markets | Export.Gov Exporting Basics Video Episode 5Selecting Initial Export Markets | Export.Gov Exporting Basics Video Episode 5International Trade AdministrationPlay from here Loop
  7. 7Can I Export My Product? | Export.Gov Exporting Basics Video Episode 6Can I Export My Product? | Export.Gov Exporting Basics Video Episode 6International Trade AdministrationPlay from here Loop
  8. 8Foreign Import Regulations | Export.Gov Exporting Basics Video Episode 7Foreign Import Regulations | Export.Gov Exporting Basics Video Episode 7International Trade AdministrationPlay from here Loop
  9. 9Identify and compare opportunities in new markets with the Global Trade HelpdeskIdentify and compare opportunities in new markets with the Global Trade HelpdeskInternational Trade CentrePlay from here Loop
  10. 10Finding Foreign Buyers Part 1 | Export.Gov Exporting Basics Video Episode 10Finding Foreign Buyers Part 1 | Export.Gov Exporting Basics Video Episode 10International Trade AdministrationPlay from here Loop
  11. 11Finding Foreign Buyers Pt. 2: Trade Shows | Export.Gov Exporting Basics Video Episode 11Finding Foreign Buyers Pt. 2: Trade Shows | Export.Gov Exporting Basics Video Episode 11International Trade AdministrationPlay from here Loop
  12. 12Export Experts: Finding and Managing International PartnersExport Experts: Finding and Managing International PartnersInternational Trade AdministrationPlay from here Loop
  13. 13Methods of Payment | Exporting Basics Episode 14Methods of Payment | Exporting Basics Episode 14International Trade AdministrationPlay from here Loop
  14. 14Financing Export Transactions | Exporting Basics Episode 15Financing Export Transactions | Exporting Basics Episode 15International Trade AdministrationPlay from here Loop
  15. 15Pricing and Quotations | Exporting Basics Episode 19Pricing and Quotations | Exporting Basics Episode 19International Trade AdministrationPlay from here Loop
  16. 16How it Works: EXIM Bank Export Credit InsuranceHow it Works: EXIM Bank Export Credit InsuranceExport-Import Bank of the United States (EXIM)Play from here Loop
  17. 17Ex-Im 101 for Small BusinessEx-Im 101 for Small BusinessExport-Import Bank of the United States (EXIM)Play from here Loop
  18. 18Shipping Basics | Exporting Basics Episode 18Shipping Basics | Exporting Basics Episode 18International Trade AdministrationPlay from here Loop
  19. 19Export Documentation | Exporting Basics Episode 20Export Documentation | Exporting Basics Episode 20International Trade AdministrationPlay from here Loop
  20. 20Freight Forwarding 101 - What Is a Freight ForwarderFreight Forwarding 101 - What Is a Freight ForwarderFlexportPlay from here Loop
  21. 21Getting someone to deal with customs for you – how freight forwarders can helpGetting someone to deal with customs for you – how freight forwarders can helpHMRCgovukPlay from here Loop
  22. 22Bills of Lading 101 - What Is a Bill of LadingBills of Lading 101 - What Is a Bill of LadingFlexportPlay from here Loop
  23. 23What are commodity codes?What are commodity codes?HMRCgovukPlay from here Loop
  24. 24Customs 101 - What Is the Role of a Customs BrokerCustoms 101 - What Is the Role of a Customs BrokerFlexportPlay from here Loop
  25. 25What Is FCL Ocean FreightWhat Is FCL Ocean FreightFlexportPlay from here Loop
  26. 26What Is LCL Ocean FreightWhat Is LCL Ocean FreightFlexportPlay from here Loop
  27. 27What Is Cargo Insurance?What Is Cargo Insurance?FlexportPlay from here Loop
  28. 28Introduction to Free Trade Agreements | Exporting Basics Episode 17Introduction to Free Trade Agreements | Exporting Basics Episode 17International Trade AdministrationPlay from here Loop
  29. 29【ITC Explains】Tariffs: Hidden Costs for Everyone【ITC Explains】Tariffs: Hidden Costs for EveryoneInternational Trade CentrePlay from here Loop
  30. 30How will tariffs affect your business? | What are tariffs? | Now whatHow will tariffs affect your business? | What are tariffs? | Now whatBDCPlay from here Loop
  31. 31Due Diligence on Markets and Partners | Managing Challenges | Exporting Basics Episode 23Due Diligence on Markets and Partners | Managing Challenges | Exporting Basics Episode 23International Trade AdministrationPlay from here Loop
  32. 32【ITC Explains】 Start exporting your services today【ITC Explains】 Start exporting your services todayInternational Trade CentrePlay from here Loop
  33. 33The Rwandan Coffee Entrepreneur (long version)The Rwandan Coffee Entrepreneur (long version)International Trade CentrePlay from here Loop
  34. 34Empowering women weavers in Ethiopia to export, grow businessesEmpowering women weavers in Ethiopia to export, grow businessesInternational Trade CentrePlay from here Loop
  35. 35Nostalgic Coffee - Uganda’s first youth-led coffee companyNostalgic Coffee - Uganda’s first youth-led coffee companyInternational Trade CentrePlay from here Loop
  36. 36Sri Lanka sweetens quality of its fruits to attract international buyersSri Lanka sweetens quality of its fruits to attract international buyersInternational Trade CentrePlay from here Loop
  37. 37Japan Harvests 27,000 Tons Of Yuzu. So Why Can't The US Import It? | So Expensive | Business InsiderJapan Harvests 27,000 Tons Of Yuzu. So Why Can't The US Import It? | So Expensive | Business InsiderBusiness InsiderPlay from here Loop
  38. 38Why Big Brands Are Turning To Vanilla From UgandaWhy Big Brands Are Turning To Vanilla From UgandaBusiness InsiderPlay from here Loop
  39. 39American Hat MakersAmerican Hat MakersInternational Trade AdministrationPlay from here Loop
  40. 40Classic American Hardwoods is EXIM'S 2018 Exporter of the YearClassic American Hardwoods is EXIM'S 2018 Exporter of the YearExport-Import Bank of the United States (EXIM)Play from here Loop

How does an import and export business make money?

Exporters sell goods or services to buyers in other countries. Importers buy abroad and resell at home, often as a distributor or wholesaler. Some act as agents for a commission. Profit is the selling price minus the product, freight, insurance, duties, taxes, finance costs and currency changes.

How do I use RepeatWatch to learn from these lessons?

Play the Exporting Basics episodes in order as a course. A–B loop the part that explains a payment method or a commodity code until it sticks, slow it to 0.75× for notes, and save the sections of longer webinars on keys 1–9 so you can jump back to them.

Frequently asked questions

Where can I get free official help?

In the US, the Commercial Service at trade.gov and the SBA help exporters. In the UK, the Department for Business and Trade and HMRC have guidance. The International Trade Centre's Global Trade Helpdesk covers many countries, and most governments, including many in Africa, run an export promotion agency.

Do these rules apply in my country?

The basic ideas, such as commodity codes, Incoterms, documents and payment methods, are used worldwide. Duties, licences, banned goods and trade agreements differ by country and product, so check with your customs authority and trade agency before you ship.

Is this legal, tax or financial advice?

No. These videos are educational and not legal, customs, tax or financial advice. Trade rules and tariffs change often, so confirm current requirements with your customs authority, a licensed customs broker or freight forwarder, and your bank before you sign a contract.