Starting an import-export business offers vast opportunities in today’s global economy, especially for entrepreneurs in a fast-growing country like India. However, it’s not just about buying and selling products across borders. Success in this field depends on a clear understanding of the legal procedures, government regulations, documentation requirements, international logistics, and risk management.

The journey begins with choosing the right product and identifying potential international markets. Once that's done, you need to complete essential legal registrations such as obtaining a PAN card, registering your company, securing an Importer Exporter Code (IEC) from DGFT, and understanding GST implications.

Equally important is selecting reliable suppliers and logistics partners who can handle packaging, freight, and customs clearance efficiently. You'll also need to become familiar with trade finance options like letters of credit, currency conversion, and INCOTERMS (International Commercial Terms) to avoid payment disputes or delivery delays.