9 Critical Shipping Documents Required In Most Non-Oil Export Transactions

9 Critical Shipping Documents Required In Most Non-Oil Export Transactions | Image Source: Pixabay

In every export transaction, especially non-oil export transactions, there are a series of procedures and documents that are standard and never get changed no matter the dynamics of the trade. While many other things can be flexible based on the agreement between the importer and the exporter, some are set in stone, as the receiving country would not allow the goods to enter their country without some specific documents being released and the exporting country too would not allow the goods to leave the country unless some documents have been issued or prepared.

If you’re an exporter or importer, here are the 9 key documents you must get for every non-oil export transaction you execute:

− Business Plan Writers −

Still Looking For Funds? You Now Have The Best Chance Of Getting The Finance You Need With Our Bank And Investor Ready MBA Standard Business Plans & Feasibility Study Reports

With our highly in-depth world-class MBA Standard professional bank and investor-ready business plan & feasibility study report writing service, you can finally have the best chance of getting the finance you need for your business to succeed!

Click Here To Learn More >>

 

See Also: 18 Important Questions To Ask A New Commodity Buyer To Avoiding Wasting Your Time

 

1). Bill of Lading:

The Bill of lading is one, if not the most important document in the shipping process. To ship any goods, a bill of lading is required and it is issued by a shipping line to an exporter to act as a receipt of the goods.

When the Bill of Lading is issued, it legally shows that the carrier has received the freight as described and is obligated to deliver that freight in good condition to the consignee (the receiver at the delivery port).

The original Bill of Lading is always given to the exporter by the shipping line only after the cargo has sailed from the origin port.

 

2). Certificate Of Origin:

A certificate of origin is a document prepared and issued by the origin country’s chamber of commerce declaring in which country the commodity or good was manufactured.

The certificate of origin contains information regarding the product, its destination, and the country of export and is usually obtained from the local chamber of commerce by the exporter.

In Nigeria, the exporter obtains the Certificate of Origin from The Nigerian Association Of Chamber Of Commerce Industry Mines And Agriculture Naccima (NACCIMA).

See Also: 9 Common Challenges You Could Face When Exporting Commodities

 

3). Commercial Invoice:

The commercial invoice is a legal document prepared and issued by an exporter to the importer that clearly describes the goods being sold and the amount due to the exporter.

The commercial invoice is one of the main documents used by the customs in determining customs duties both at the origin and destination ports.

 

4). Packing List:

The packing list is a document issued by the exporter to the importer that includes details about the contents of the shipment.

The packing list is intended to let transport agencies, government authorities, and customers know the contents of the package. These details help each of these parties handle the package accordingly.

See Also: What To Do If An International Buyer Won’t Pay For The Commodities You Exported To Them

 

5). Independent Inspection Certificate:

The independent inspection certificate is a document issued by a private inspection company like SGS, Bureau Veritas, Cotecna, Intertek, EyeView, and more, certifying that the merchandise was in good condition at the time of inspection, usually immediately prior to shipping the goods.

 

6). Government Inspection Certificate:

The government inspection certificate is a document called a Clean Certificate of Inspection (CCI) in many countries like Nigeria issued by the government through its inspection arm of the customs, certifying that the merchandise is exactly what the exporter claims they’re exporting and nothing else, and that the goods are in good export standards at the time of inspection prior to shipping the goods.

In Nigeria, COBALT issues the CCI.

See Also: 9 Important Things To Know Before You Ship Agricultural Products

 

7). Phytosanitary Certificate:

The phytosanitary certificate is an official declaration issued by the Quarantine Service of a country stating that the plants and plant material being exported are free from pests and diseases, so as to prevent the introduction and spread of any pests in the importing countries.

In Nigeria, the Nigerian Agricultural Quarantine Service (NAQS) issues the quarantine certificate.

 

8). Fumigation Certificate:

The fumigation certificate, sometimes referred to as a pest-control certificate, is a document that serves as confirmation that the goods and any wooden packing materials (e.g pallets) used in the cargo shipment have been fumigated. They contain details such as treatment purpose, fumigants used, and temperature range.

− Export Business −

How To Make Your First $10,000 (₦3,600,000) Exporting Goods From Nigeria Without Losing Any Money, GUARANTEED!

Our in-depth online export course is specifically designed to help you build a successful export business from scratch IN 90 DAYS WITHOUT LOSING ANY MONEY FROM YOUR INVESTMENTS, GUARANTEED! And in the process, show you how to make your first $10,000 from the export business within the first 3 months of finishing the course.

Click Here To Learn More >>

 

In Nigeria, the fumigation certificate is usually issued by the Federal Produce parastatal. You can also get a complimentary fumigation certificate from private companies like SGS.

See Also: 4 Ways To Quickly Transport Container Cargoes To The Port In Nigeria

 

9). Specially Requested Certificates:

Specially requested certificates are special certificates requested by a buyer in a certain country. The buyer might have specific organic certificates, country-specific certificates (e.g FDA in the US), and much more requested before the goods can be allowed to enter their country. In this case, the exporter would need to determine all the certificates that are required by the importer and to see if any special certificates are feasible to obtain or not.

 

To Sum It Up

Exporting commodities without the proper documentation can cost international traders to pay high fines, or even worse, lose their entire investments. If you must ship commodities from your origin country to a destination country, ensure you have all the required documents requested by both the international community and the receiving country.

 

What are your thoughts on these 9 critical shipping documents required in most non-oil export transactions? Let me know by leaving a comment below.

This Online Course & Book Will Show You How To Build A Successful Export Business From Scratch!

The export business remains one of the most profitable businesses in the world, including Nigeria, with profit margins going anywhere from 30% to in some cases over 100%. With the growing clamour by the Nigerian government for entrepreneurs should go into the export business, the need to effectively educate people on everything they need to know and to show them how to make their first one million Naira from the export business in Nigeria has become very paramount.

In the light of the lucrative opportunities in the export business in Nigeria, Stan Edom, the founder of StartupTipsDaily Media, and the founder of Globexia Limited, a commodity trading firm with thousands of dollars in export revenue in solid minerals and agricultural products, has taken out time to prepare a robust online export business course with a free eBook on how to create a fortune investing in the export business in Nigeria. This Online course will teach anyone everything they need to know on how to build a successful export business from scratch, present a live case study, and show you how to export lucrative highly-valued commodities profitably from Nigeria. It also has a section that shows the reader how to start out as a broker.

This online course and e-book is perfect for beginners in the export business in Nigeria, as it will take you from a novice to an export professional, and help you either make money by starting your own export business in Nigeria, or by becoming an export consultant or broker.

You can follow the link below to learn more, sign up for the course, and get a free export eBook.

How To Create Wealth Investing In The Export Business In Nigeria

 

Offer: How To Create A Fortune Investing In The Export Business

Online Course & Book Author: Stan Edom

Course Delivery Format: Online & eBook

How To Sign Up: Click Here