MangoB2B Blog MangoB2B Blog

Tag Archives: International trade

city skyline

The rising stars of the world economy

Think of major players in the world economy and the US, Europe and Japan are likely to spring to mind. It may therefore be a surprise to learn that the collective economies of some of the world’s lesser known, but emerging, countries are now responsible for over half of the world economy when measured by total output.  And that figure is rising.  As a group, these countries are growing at a rate of 6% or more per annum.  East Asia’s economy now constitutes 8% and Latin America, Southern Africa and the Middle East between 5% and 7%.  In actual fact, compared to the US, Europe, and Japan, these newcomers to the scene are growing significantly faster and their grouped contribution rises every year.

Read more …
196H

Top Seven Mistakes Made By Importers

Putting your faith – and your money – in a factory thousands of miles away is a daunting prospect. Reading some of the horror stories that abound on the internet, it’s easy to become petrified into inaction. Of course, any investment involves elements of risk, but there’s no reason why new importers should come unstuck, provided they are able and willing to learn from others’ experience. Here are seven of the most common mistakes those new to importing tend to make and how to avoid them.

Read more …
dhammakaya-pagoda-472496_1280

All that glitters is not gold

A great many suppliers and buyers rely on using business index websites to help establish contact with clients. These index websites list the services of sometimes millions of organisations and can be fantastic resources for businesses. Many of these service users will never meet in person and will put a lot of their trust in information supplied by these websites. Being aware of this, most successful index websites will use some sort of system to verify legitimacy and/or reputation of those it lists. Quite often users will also have to pay for this verification service to show that they can be trusted, as well as other perks to make them more marketable. But what happens when the verification process requires no real proof other than taking what they are told at face value? It opens the system to widespread abuse with the buyers suffering the most.

Read more …
SplitShire_IMG_6958

Expand Your Horizons And Take Advantage Of What The World Has To Offer

For many SME’s the world of international trade can seem a daunting place full of expensive risks and complicated paper work. But for those that can overcome these hurdles they are able to expose their business to a near limitless world of possibility and opportunity. Taking advantage of these opportunities is a great way to enter new markets and expand your business. International trade in most large markets generates hundreds of billions and even trillions of Dollars(US) yet in places like the UK, only two out of ten businesses take part.

Read more …
Shanghai  city picture

How International Trade Payments Work

Here is an overview of how international trade payments function. This article sets out to explain different methods to minimize the risk of transaction exposure in the minds of both importers and exporters.

Read more …

mangob2b

Mango B2B is a trusted marketplace for businesses to buy & sell. If your business sells to other businesses then you should be listed here.

Learn more …