International Trade News
View previous months:
International Trade News for December 2024
New Postal Law in Germany to Declare Heavy Parcels
A new regulation will come into effect in Germany from 1st January 2025, which means that parcels weighing over 10 kg or 20 kg must be labelled appropriately to ensure compliance with the new German Postal Law.
In order to ensure that your deliveries are compliant you will need to provide accurate parcel weight information. If a parcel weight exceeds 10 kg or 20 kg, then the appropriate symbol must be used to indicate the weight of that parcel (image example below).
Israel-VAT-Rate-Change
Effective 1st January 2025, Israel’s Value Added Tax (VAT) rate will increase from 17% to 18% following approval from the Israeli Cabinet of the 2025 budget. This change may impact your pricing and invoicing for Israeli customers.
SPOTLIGHT OF THE MONTH:
IRELAND
Looking to expand your business into Ireland? With a population of approximately 5.2 million and a growing demand for cross-border shopping, Ireland presents excellent eCommerce opportunities. Discover delivery solutions to target this market:
TikTok-Anticipates-Record-Christmas-Sales-Amid-Live-Shopping-Boom
TikTok is projecting its highest Christmas sales to date, fueled by the increasing success of its livestream shopping feature in the UK. Launched in 2021, TikTok Shop allows users to purchase products during live videos from influencers and brands. The platform now hosts over 200,000 businesses in the UK, doubling last year’s figures, with notable brands participating. The UK sees around 5,000 daily livestream shopping events, with cosmetics being particularly popular. This surge has led to a forecasted 58% increase in advertising revenue from retail and eCommerce brands in the UK for the fourth quarter.
Source: TikTok newsroom
CHRISTMAS LAST POSTING
DATES 🎅🏻
Ensure your customers receive their orders on time this festive season! Check the Last Posting Dates to meet Christmas deadlines.