When exporting products from one country to another, there are a number of important documents that must be obtained to ensure a smooth and legal transaction. By following the necessary export requirements, businesses can avoid delays and tap into new markets with confidence.
E-commerce sales have been steadily growing over the past few years. In fact, according to eMarketer’s Global E-commerce Sales Growth Report, global e-commerce sales are projected to total US$5.5 trillion in 2022, and this number is only going to continue to grow in the coming years. If you have plans to tap into e-commerce and expand your business into international markets, it is also important to take into account the relevant export requirements.
Exporting products from Australia to a foreign country can be a complex process, and there are a variety of documents that will be required in order to complete a shipment. Some of these documents needed to clear customs include: commercial licence, bill of lading, Certificate of Origin, and insurance certificates. In many cases, it is also necessary to apply for an import and export licence or obtain permission from the relevant authorities before exporting.
Before shipping your goods out of Australia, here are some of the documents you may need to ensure a hassle-free export process:
1. Export declaration
For starters, all exports from Australia are subject to customs control. As part of the Australian Border Force’s (ABF) export requirements, an export declaration or exemption code is required for all goods leaving Australia, with a few exceptions. This means that the ABF must be notified of goods that:
Have a value of more than AUD$2,000
Require an export permit
Are dutiable or excisable goods where the duty or excise duty is unpaid
Have a duty drawback that is being claimed
The ABF will assess the goods to ensure that they meet all the necessary requirements for export. If the goods are found to be compliant, they are cleared for export and a permit is issued.
2. Import licence
In addition to getting an export permit in Australia, you may also need to apply for an import licence from the relevant governmental authority in your destination country. The process and requirements for obtaining an import licence vary from country to country, but generally, include the submission of a completed application, supporting documentation, and a fee. Once the application is approved, your business will be granted an import licence that allows you to export goods from Australia to your country of choice. Import licences typically need to be renewed on a regular basis, and businesses may need to reapply if they make changes to their operations.