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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
The TPO chief noted that export management companies play a very significant role in increasing exports and need greater support from the government.
In terms of indirect modes, exports buying agents, brokers or export management companies are illustrated.
Treumann's new responsibilities will include serving the needs of Latin American equipment dealers and export management companies. Doug Krasowski has been appointed as district manager for the expanded territory of Western Canada, focusing on the development and service of equipment dealers and rental houses in British Columbia, Alberta, Saskatchewan and the Northwest Territories of Canada.
The Federation of International Trade Associations offers a directory of export management companies at www.fita.org/emc.html.
Single engagement consultants and export management companies. Single engagement consultants specialize in specific countries and possess contacts for that marketplace.
Weighing the costs and benefits of export management companies, including commissions, shipping and service costs, and maintenance costs for its sales to international distributors and its purchases of parts from foreign producers, Rotary does as much in-house work as possible.
(1978), "Export management companies", Journal of International Business Studies, Spring/Summer.
As a practical matter, export management companies often operate on a buy/sell basis, allowing them to take full advantage of government financing programs, while some export trading companies do business on a commission basis.
The use of export management companies who are similar to export buying organisations in the UK are described.
Export management companies (EMCs) and export trading companies (ETCs) are the two types of organizations typically used by U.S.
The main kinds of sales intermediaries are import agents, commission agents, export agents, export management companies, group buyers and international trading companies.
Middlemen options include: export management companies that manage export sales of manufacturers; export trading firms that buy and sell products anywhere; foreign firms and governmental offices that purchase U.S.

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