Importing sugar from Brazil can be a complex process, especially for those doing it for the first time. This step-by-step guide was created to help agricultural commodity importers understand the process, from initial planning to the completion of the purchase and receipt of the sugar. We will cover what needs to be done before the purchase, during the negotiation, and after the purchase, ensuring you are well-informed at every stage.
Many customers who come to our company every day are called “adventurers”, amateurs, and even fake buyers. This situation occurs because many arrive motivated, full of expectations, committed to the success of the negotiation, but without any purchasing capacity.
Adventurers really want to make importing agricultural commodities viable, but they do not even know the market pricing metrics. And, therefore, they are easy prey for fake exporters who pay prices well below market practice.
To avoid wasting time, our team has prepared a step-by-step guide to help importers with little experience to structure and plan their import, before going out there and requesting quotes from all the exporters they find on Google.
Contents
Researching Demand and Prices:
Import Models:
Legislation:
Total Cost Spreadsheet:
Corporate Account in a Top 50 Bank:
This is where most sugar importers wanting to import from Brazil for the first time fail. Without purchasing capacity through one of the world’s top 50 banks, your company will fail. Enabling the financial structure will avoid wasting time and discrediting your company in front of suppliers.
Supplier Evaluation:
Quotation and Contract:
Insurance:
.
Documentation:
Storage:
Distribution:
Importing sugar from Brazil can be a profitable venture, but it requires detailed planning and careful execution. This guide provides a solid foundation to start the process, ensuring that each step is understood and successfully carried out. If you are interested in importing sugar in containers, consult the Guide to Sugar Exporters in Containers by Mello Commodity. For larger volumes, follow the detailed guidelines above for a successful import
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