What is foreign trade manager?

The Foreign Trade Manager will be responsible for the optimization of procurement and sales (export and import operations), i.e., for all operations related to the company’s foreign economic activity.

What does a foreign trade zone do?

A foreign-trade zone is a designated location in the United States where companies can use special customs procedures that help encourage U.S. activity and value added – in competition with foreign alternatives – by allowing delayed or reduced duty payments on foreign merchandise, as well as other savings.

What types of operations can be performed in a foreign trade zone?

What can be done in a Foreign-Trade Zone? Any merchandise that is not prohibited from entry into the U.S. may generally be admitted into a Zone. Manufacturing, processing and any activity that results in a change of the tariff classification can occur in a Zone but must be specifically approved by the FTZ Board.

How much do international trade managers make?

Salary Ranges for International Trade Managers The salaries of International Trade Managers in the US range from $47,549 to $141,648 , with a median salary of $88,004 . The middle 67% of International Trade Managers makes $88,004, with the top 67% making $141,648.

What is international trade specialist?

An international trade specialist provides information to business clients regarding global business expansion opportunities. They also provide specific information on how to secure capital and real estate and how to execute international business strategies.

What is the role of a trade compliance Manager?

Duties mainly involve creating and implementing internal policies to ensure a company-wide compliance with domestic and international shipping requirements, custom regulations and trade laws. They work in any company that imports and exports products.

What is trade compliance Manager?

The trade compliance manager is responsible for implementing a trade compliance programme which allows for identifying risks, and preventing and mitigating damages related to the customs laws of countries where the company operates.

How do you become a Foreign-Trade Zone?

To get foreign-trade zone status:

  1. Apply Online.
  2. Designate what type of authority you wish to have (e.g., general purpose, subzones, and production)
  3. Pay a fee to enter an FTZ.
  4. Activate your license through the U.S. Customs and Border Protection (CBP).