Uploaded on Jan 2, 2026
Are you thinking about starting an import-export business? Don’t make costly mistakes! In this video, Corey Smith Dresher explains 5 common mistakes to avoid in the import-export industry. From poor market research and ignoring legal requirements to underestimating costs, choosing unreliable partners, and neglecting logistics, these pitfalls can seriously affect your business.
Corey Smith Dresher Shares 5 Mistakes to Avoid in Import-Export Business
Corey Smith
Dresher
5 Mistakes to Avoid in
Import-Export Business
Poor Market
Research
Entering a market without
understanding demand, pricing,
competitors, or regulations can lead
to losses. Always research the
target country’s import rules,
consumer preferences, and market
trends before shipping goods.
Ignoring
Legal &
Compliance
RMaenyq beugininreres omvereloonk
tlicenses, customs doscumentation, HS codes,
and country-specific
regulations. Missing or
incorrect paperwork can
cause delays, fines, or
shipment seizures.
Underestimati
ng Costs
New exporters often calculate
only product and shipping
costs. Hidden expenses like
customs duties, taxes,
insurance, port charges,
currency fluctuations, and
warehousing can seriously
affect profit margins.
Ginyard International Co.
Choosing Unreliable
Partners
Working with unverified suppliers, buyers, or
freight forwarders increases the risk of fraud,
poor-quality goods, or late deliveries. Always
verify credentials, request samples, and use
secure payment methods.
Poor Logistics &
Risk
MNot aplanniang gfor edemlays,e danmatge, or
loss in transit is a costly mistake. Use
proper packaging, cargo insurance, and
reliable logistics partners to protect
your shipment and business reputation.
Thank you!
Feel free to approach us if you have any questions.
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