The $2.3 M Wake-Up Call Incomplete country-of-origin paperwork triggered anti-dumping duties that cost an importer $2.3 M in 2024.
Critical Documents Checklist Commercial invoice (Incoterms + correct valuation)
Packing list (net/gross weights aligned) Bill of lading or airwaybill
HS code declaration with ruling notes Certificate of origin (properly legalized)
Product-specific permits (FDA, CE, RoHS)
Digital Shortcuts Automated document templates tied to your ERP
AI-powered HS code look-ups reduce mis-classification risk by 65%
Blockchain seals for tamper-proof trade docs
Three Common Pitfall Treating Incoterms as shipping instructions, not legal terms.
Using generic HS codes to “play it safe.”
Overlooking destination-country labeling rules.
Quick-Win Action Plan Audit your top 10 SKUs this quarter; correct any HS code or origin mismatches. Expect 3-5% duty savings instantly.