Export Trading Company

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Export Trading Company (ETC)

A company serving as the export department of other firms. They usually take title, risk and responsibility for the goods they export.

Export Trading Company

A company that supervises the exportation process for clients. Often, there are legal requirements that must be filled before a country allows its goods to be exported; export trading companies navigate these requirements and regulations. They operate like an export division for a company that does not have an export division. They may be local or foreign; sometimes they even operate in the country that imports the goods. They charge either a fee or a commission for their services. They are also called export management companies.
References in periodicals archive ?
Afreximbank identified Egypt as one of five hubs for the facilitation of intra-regional trade in Africa, and was working to support the re-emergence of export trading companies across the continent.
The President announced that Afreximbank had identified Egypt as one of five hubs for the facilitation of intra-regional trade in Africa and was working to support the re-emergence of export trading companies across the continent.
A matchmaking trade show helped small business manufacturers match up with Export Management Companies and Export Trading Companies specializing in exporting U.
Unlike the preceding situation, export trading companies purchase products directly from unrelated parties to sell to their customers.
Export management companies (EMCs) and export trading companies (ETCs) are the two types of organizations typically used by U.
The matchmaking conference is designed to bring together small businesses looking for additional markets together with export management companies (EMC), export trading companies (ETC), brokers and agents.
Li & Fung Limited is today one of the premier global consumer products export trading companies managing the supply chain for high-volume, time-sensitive consumer goods, including garments, fashion accessories, toys and games, sporting goods, furnishings, handicrafts, shoes, travel goods and tableware.
Export management companies, export trading companies, and international consultants offer - for a fee overseas expertise and contacts.
Export trading companies (ETCs) actually take title to the goods and pay the exporter directly, unlike brokers or EMCs.
But according to staff from import & export trading companies, some large dairy enterprises in China have less recognition of American products compared with European products.
SBA's Exporter of the Year Award is given to individual(s) based on the following criteria: increased sales, profits and/or growth of employment due to exporting; creative overseas marketing strategies; effective solutions to export-related problems; demonstrated encouragement of other small businesses to export; voluntary assistance to other small businesses entering into the export market; and cooperation with other firms in the creation of export trading companies and/or introductions of unique trading relationships, products or services.
Li & Fung Limited is today one of the premier global consumer products export trading companies managing the supply chain for high-volume, time-sensitive consumer goods including garments, fashion accessories, toys, sporting goods, promotional merchandise, handicrafts, shoes, travel goods and household items.