Export Supervision Warehouse
Export supervision warehouses are designed to provide secure storage and control of goods awaiting export. These warehouses are often used by companies to store goods that have been produced or purchased in one country but are to be shipped to another country for sale or delivery. Goods stored in export supervision warehouses are subject to significant control and tracking until they are loaded onto a vessel or form of transport and officially declared for export.
Export supervision warehouses can provide an important sense of security for goods being prepared for export. As the goods remain in the warehouse throughout the entire export process, it helps to eliminate the risk of goods being stolen or replaced with inferior products. In addition, goods stored in export supervision warehouses are physically inspected by export authorities to verify product compliance with standards established by the destination country. This helps to ensure that the goods that are exported match the specifications and expectations of buyers abroad.
Export supervision is often provided through the use of customs bonded warehouses. These warehouses are secure facilities specifically approved by customs for the storage and inspection of goods which are intended to be exported. Under the supervision of customs, these warehouses may be used for the storage of goods up to a specified period of time. Customs bonded warehouses are often connected to various businesses, who can effectively store certain goods in the warehouse free of any customs duty until they are ready to be exported, upon which the customs duty is payable.
The rules, regulations and procedures regarding the operation of export supervision warehouses vary among countries, and are often established by government agencies or trade organizations. Companies that use export supervision warehouses must be sure to understand the specific laws which regulate their activity in the country in which the goods are stored.
Export supervision warehouses also provide a place to carry out the required export documentation and to collect and secure payments prior to making the goods available for export. Companies can also use these supervised warehouses to hold goods until a specified export order has been identified and funds have been exchanged. The warehouses can also be used to help companies identify proper transportation and forwarding services prior to loading goods for export.
Whether a company uses an export supervision warehouse for just a few days or a few months, these facilities provide safety and security for goods awaiting export. By allowing surveillance and control of these goods until they are officially exported, these warehouses play an important role in the export process. They are also a valuable resource in ensuring that goods are compliant with the destination countrys requirements and standards.
