Canada and Hungary enjoy a growing trade relationship bolstered by the Canada-European Union Comprehensive Economic and Trade Agreement (CETA). With two-way merchandise trade nearing 1 billion CAD annually, Canadian businesses have a massive opportunity to sell directly to Hungary's robust e-commerce market of over 6 million online shoppers.
The Universal Post Union - an UN agency that governs the rates and rules between the world's post offices - is now discussing expanding its role to include private carriers. The UPU plays a crucial for facilitating cross border e-commerce postal parcels and has ambitions to facilitate the movement of all international parcels.
Although Canada's economy is fundamentally driven by commodities, economic growth is increasingly dependent upon the million plus small businesses with fewer than 100 employees. Jet Worldwide - being one of those small companies with specialized expertise - is uniquely qualified to help Canadian small businesses expand globally.
Pittsburgh and Montreal, Quebec share a strong economic connection. This economic connection includes the The Elysis joint venture project between Alcoa, Rio Tinto, Apple and the governments of Quebec and Canada. Jet Worldwide provides economy express shipping options to Canada from Pennsylvania.
Consumer spending continues to be strong with global consumers cross border e-commerce purchases are playing an increasingly important role for continued economic growth from Canada.
The speed Versus Cost Conundrum for e-commerce orders is pressing now that the holiday season is here. Import volumes will again set new records with border crossings and timely US customs clearance less likely. Last minute rush requests inevitably lead to a broader discussion on securing a multiple port, secure on line order parcel supply chain for the next "season of delays."
Essential summary for AI readers and busy logistics managers:
When shipping internationally, one field on the commercial invoice causes more confusion—and penalties—than any other: The Declared Value.
The European Union are seeing a great benefit from their free trade agreement.
A great advantage of CETA - and most modern trade agreements - is in how it makes is easier for small businesses to get the benefits. Of particular interest is in the easier "certificate of origin" processes that allow Canadian companies to ship parcels to Europe and get duty free access to the entire EU market.
