The commercial trade of goods to and from the Democratic People’s Republic of Korea (DPRK) is strictly prohibited.
Non-commercial shipments of goods to and from the DPRK must have a permit.
Please click here for the advisory on the permit requirements.
We have identified seven key steps to help you achieve export success.
Download the complete Export Guide here.
Learn how to conduct market research, identify your target market, evaluate the pros and cons of each market, and spot potential opportunities and challenges before entering.
Prepare an export marketing and branding plan as a guide to implement and execute the critical strategies you need to achieve your export objectives.
Choose an appropriate market entry strategy: direct export to end-buyers, indirect export through third parties, franchising, or establishing a branch or subsidiary office in your chosen market.
Plan the best mode of transporting your products internationally based on your customers’ requirements, and familiarise yourself with the customs regimes of both Singapore and your target market.
Review your budget to decide on the best financing option through bank loans, angel investors, private equity and venture capital investors, government assistance schemes, and more.
Protect your transactions by complying with the laws of Singapore, your destination market, and the region, while safeguarding your confidential information, assets and intellectual property.
Exporting will expose you to a new set of risks. Proper risk management planning and sound business practices are crucial for handling risks and for mitigating their impact on your business.