Your Best/Worst Countries to do business with?

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plymgary

For those that import from overseas, which country do you find causes the most headaches?

I must say that I find the Russians a nightmare. Nobody can be bothered to do anything (even the self employed), communication is poor and you need to place an order around a year before you need the goods.

On the other hand, the Chinese are amazing. They're ready to send the goods before you've barely finished your sentence! :D

What is your best/worst country to trade with?
 
Import/export to CIS countries can be a nightmare. They can hold truck with goods on border for days without bothering to give proper explanations. However if you have local agent, they help you to solve problems much quicker.
 
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I only import from China, but I export to most significant trading countries. I find Turkey a chore due to the extra paperwork that needs filing with the Chamber of Commerce; and for me, the US is a nuisance because I have to have an FDA licence to sell sunglasses there, which costs $2,000 a year. We have to provide extra paperwork for customs, but it never gets to the right person so the goods get held up before clearance until we submit it a second time.... arrrghh!
 
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Sales to the US are a nuisance as we need extra public liability insurance to trade there and the customers are quite often bonkers so we are always wondering whether it is worth it. We tried to stop US sales for a while but I got fed up with replying to all the emails saying why did we supply [obscure country] but not them so I thought in the end it was just easier to do it than exclude them.
 
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Ive only ever sold to countries within Europe and thats only small scale.

Ive heard Africa is shocking. You agree a price then they bump up the price for whatever reason suits them and that can happen on a few occasions before everythign goes through. An agreement, even signed means sod all.
 
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For those that import from overseas, which country do you find causes the most headaches?

I must say that I find the Russians a nightmare. Nobody can be bothered to do anything (even the self employed), communication is poor and you need to place an order around a year before you need the goods.

On the other hand, the Chinese are amazing. They're ready to send the goods before you've barely finished your sentence! :D

What is your best/worst country to trade with?

lol...see how warmth my country fellowmen are!
 
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Hi all,


It's really interesting to see the types of problems people encounter when trading abroad. It's not just a case of surmounting the language barriers, but also cultural issues that arise. Especially when you're dealing with contracts, which need to be translated for a country with a completely different legal system!


Lauren Webb
Veritas Language Solutions
 
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Hi all,


It's really interesting to see the types of problems people encounter when trading abroad. It's not just a case of surmounting the language barriers, but also cultural issues that arise. Especially when you're dealing with contracts, which need to be translated for a country with a completely different legal system!


Lauren Webb
Veritas Language Solutions

Hello Lauren Webb,

Can you undertake transaltions?

Gosh!

G
 
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Ive only ever sold to countries within Europe and thats only small scale.

Ive heard Africa is shocking. You agree a price then they bump up the price for whatever reason suits them and that can happen on a few occasions before everythign goes through. An agreement, even signed means sod all.

It's things like this which unfortunately set back the development of poorer countries by many years in some cases. Countries with a low GDP need international trade for growth. They need to bring wealth into the country, but poor attitudes and underhand tactics put everyone off.
 
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One of the core factors is the rule of law. Here, and in most of the western economies the law will enforce a contract at the price entered into, which makes trade easier and thus cheaper, and more likely.

Interestingly, English law is the most commonly used for international contracts: as the euro goes titsup and Eurobank sues Eurobank, most of the litigation will be here as English law is the named jurisdiction.
This is because we obey the law, a good thing. The negative impact is we obey dicktats (sic) and laws from Brussels where the rest of the EU ignores them.
 
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