What Is Wholesale Export? What Are The Types Of It?

What Is Wholesale Export? What Are The Types Of It?

The words export or import are among the words that we encounter in our daily lives. We generally use these words when we are going to make a trade. Export is the process by which the producer sells a product produced in his own country to other countries that need the product produced in foreign currency.

Export is also called abroad sell. There must be a tax number of buyers for the person or persons who will purchase the product for the producer to sell the goods he has produced.

Since sales between countries take place, exports constitute the foreign trade balance of a country. Since exports are linked to the exchange rate, the international relationship of the product to be sold is directly related to the fluctuation of the exchange rate.

Why Is Export Made?

Exports are made for many reasons. Of course, the most important of these is to increase sales and make more profit. Other reasons can be summarized as follows;

• Since it is inter-country, it allows the market share to expand.
• The more the product is sold, the more production is carried out. In other words, it allows production to increase.
• Since exports are foreign sales, it can cause vitality in the domestic market in the country.
• By entering the foreign market in exports, it gives the opportunity to spread the competition in the domestic market.

How Many Export Types Are There and What Are These?

Export types can be divided into 10 when examined. These species can be summarized as follows;

1. Non-Specialty Export: Persons who export in this export type apply to the customs office with a customs declaration.
2. Registered Export: They apply to the exporters' associations to export the goods included in the export list linked to the registration.
3. Export with Credit: Applications for export with credit are submitted to the exporters' associations in a way that includes the type of goods, the duration of the payment and the information on how the payment will be made, and the original and Turkish translation of this contract.
4. Consignment Export: This export request is made with exporters' associations. Products sent as consignments must be sold definitively within one year after the actual export date.
5. Export of Imported Goods
6. Export to Free Zones
7. Export by Dependent Treatment: This form of export is called export by barter. The permit period for exports to be made by way of dependent treatment of barter does not exceed 6 months, but it is as long as the period specified in the agreement.
8. Export to be Made by Commercial Leasing: The 'Application Form for Export to be Made by Commercial Leasing' in the contract made with the commercial company or organization is made to the exporters' association in the region where the persons doing this work are members.
9. Transit Trade: Persons who will export in this way apply to banks on the condition that a 'Transit Trade Form' is issued.
10. Free Export: It is a type of export that the goods are definitively exported abroad without the necessity of bringing them to the country in accordance with the rules of the foreign exchange legislation.

Take Advantage of the Opportunities Offered by Buykanat!

Buykanat makes a difference with the opportunities it offers to retailers for products containing more than one variety sold in bulk. You can increase your sales with the wide range of products and quality products offered by Buykanat. You can take a look at the products now to take advantage of the opportunities offered by Buykanat. In order not to miss the opportunity to deliver to the whole world, you can order wholesale products right now.