With cultural diversity and multiplicity of traditions, Australia is a stable economy. Its trade relations with India also have been good in the past years. India’s exports to Australia included commodities and services worth 3.7 billion dollars. And most of all, Amazon is the country’s second-largest e-commerce destination.
For people living in India, exporting to Australia can open a pool of opportunities. And you have an added advantage if your products are successful in the UK. Australia is an attractive marketplace for many exporters. With a few barriers to entry and an English-speaking culture in the business, Australia is a great country to expand your business.
So, if you are ready to leverage the benefits of trade and exports to Australia, here are some points that you need to know beforehand.
The restrictions on imports.
For successful exports to the country, you need to know the import policy and the restrictions. Australia has strict limits on some products that tend to contaminate the country’s environment. You can even find a list of such products on the internet. So, you must check if you fall in the category or not and then only register to export.
Standard Regulations
Just like the Indian standards, Australia also has its set of standards that define the rules and regulations for trade within and outside the country. You may be asked to change or modify your commodities according to these rules if you export to Australia. There are certificates issued, and your product must get it to ensure that it fulfills all laws and regulations.
Shipping procedures
If you do not use the platforms like Amazon selling, you might need a freight forwarder. You need to understand the trade routes and procedures to avoid any damage and extra costs. Experts have the complete know-how of what are the rules, safety concerns, documentations, banking requirements, etc., and can clearly guide you on the same. This will help you avoid any mistakes.
Payment methods
You are doing business so that you get something in return, which is most probably monetary. Having sorted payment methods that are prevalent in India and Australia is essential. You can not ask for payment via a gateway that does not exist in another country. Also, you can give the shoppers the option to pay in advance or at delivery as per your convenience.
Taxation
The tax policies in Australia are different from those in India. And tax is an inevitable payment to the government of the country from where you earn. So it will benefit you if you already know the tax policies and deductions.
When you think of exporting to Australia, you are already a step ahead in your success journey. But you can not make decisions hastily. So, give yourself time and research about the opportunities, plans, strategies, marketing techniques, campaigns, and the buyer mindset in the country and then export to Australia.
Read Also: Establish Yourself in Japanese Marketplace with Amazon
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