Things to pay attention to when exporting to Europe in 2023
The European Union is the world’s second largest market, with a population of over 500 million people and a GDP of $11.6 trillion. The EU is made up of 28 countries, including France, Germany, Italy and Spain.
In 2023, 28 EU countries will have to agree on a new trade deal with the United States if they want it to be signed before President Joe Biden’s term ends in 2025. However, according to the U.S. Trade Representative (USTR), negotiations are likely to take longer than expected due to disagreements between European leaders about how big a part of their economy America should play in future deals with other nations.
The European Commission (EC) has estimated that by 2023, Europe could be importing US$7 billion more per year from the United States than it takes out from them currently.
The European Union (EU) is one of the world’s largest economies and a trading partner for many countries around the world. With Brexit looming, however, businesses in Europe are increasingly looking at how to export to the EU in 2023. Here are 3 things that you should pay attention to when exporting to Europe in 2023:
Avoiding delays caused by customs clearance
Customs is a huge issue for exporters. The EU has been trying to streamline the process, but it’s still difficult to predict how long you’ll have to wait for your goods to clear customs.
The best thing you can do is be prepared for the worst-case scenario and make sure that your products are ready for inspection when they arrive at their destination. This will help reduce any potential delays in customs clearance.
One piece of advice is to use certified high security seals. The International Chamber of Commerce (ICC) has developed a certification program for high security seals that are recognized by major national and international organizations. For example, the U.S. Postal Service and the U.S. Department of Defense have both accepted these seals as proof that products bearing them are authentic and of good quality.
Another thing to consider when exporting to Europe in 2023 is whether or not your product can be easily tracked back to you if it should come into contact with customs officials or if it ends up being confiscated by authorities during transport between countries or at ports-of-entry. The ICC recommends using tracking numbers and other methods of tracking your goods, especially if they’re considered hazardous materials such as chemicals or pharmaceuticals (which may require additional documentation).
The first thing you need to know is that the EU has no single customs clearance system. Instead, there are different types of import and export controls in each country. Each country also has its own set of regulations regarding how much time you have to wait before your goods can enter or leave that country. This means that if you want to export from one country to another, you should make sure that both countries’ customs systems are compatible with each other. For example, some countries allow their imports to be cleared through their own borders without any delays while others require a thorough customs examination at their borders before allowing a shipment into their territory.
Testing your products for compliance with standards
There are hundreds of different standards in place across Europe, and as an exporter, it’s important that you’re aware of them so that you can ensure your product complies with all relevant safety regulations.
One of the most common standards that is relevant to exports is CE mark (for European Union) certification. This means that the product has been tested against a set of requirements which are designed to ensure products meet certain minimum standards when they leave the factory floor or warehouse. There are also other types of certifications which might be required depending on where your goods are being exported too (for example, if they contain hazardous substances or dangerous chemicals).