A quick guide to exporting Alaska Seafood. This page is designed
as a place to find the information that will help in the
exporting of seafood products from Alaska to countries all around
the world. Exports of Alaskan Seafood accounts for over one
billion dollars annually and is Alaska's number one export.
Included are the links to the information you need to be
successful.
The first order of business in selling internationally is:
Getting Paid
A Letter
of Credit (L/C) is the most common form of payment of seafood
shipments.
It protects the interests of you, the seller and of your
customer, but fees associated with L/Cs are not inconsequential.
There are risk mitigation programs of the federal government that might allow you to consider selling on an open account basis. They are:
USDA's Supplier’s Credit Guarantee Program reduces the financial risk to exporters by guaranteeing 65% of the payments due from importers under financing arrangements of up to 180 days. The direct credit extended by the exporter to the importer for the purchase of U.S. agricultural products must be secured by a promissory note signed by the importer.
The U.S. Department of Agriculture’s Export Credit Guarantee Program (GSM-102) helps ensure that credit is available to finance commercial exports of U.S. agricultural products, while providing competitive credit terms to buyers. By reducing financial risk to lenders, credit guarantees encourage exports to buyers in countries—mainly developing countries—where credit is necessary to maintain or increase U.S. sales, but where financing may not be available without such guarantees. The GSM-102 program underwrites credit extended by the private banking sector in the United States to approved foreign banks using dollar-denominated, irrevocable letters of credit for purchases of U.S. food and agricultural products by foreign buyers. Typically, 98 percent of principal and a portion of interest are covered by a guarantee.
ExIm Bank’s Short-Term Export Credit Insurance covers short-term sales made by an exporter during a 12-month period; policy requires all or a reasonable spread of export credit sales to be insured; supports repayment terms up to 180 days; risk coverage provides 95% commercial and political risk coverage against buyer payment defaults.
Shipping from Alaska
Freight Forwarders
Movers Inc.
PanalPina
Lynden
Incorporated
DHL Worldwide
Express (Danzas Corporation)
Commodity
Forwarders Inc.
Required Documentation
European Union (A guide with instructions for the required
forms)
Canada
Japan
Helpful Guides
A Basic Guide to
Exporting
A
Guide to Exporting Fishery Products
Business
Resource Guide for Alaska Fishermen
How to Export Seafood to the European Union
Fisherman's
Direct Marketing Manual
Informative Sites
Alaska Seafood Marketing
Institute
Alaska World Trade
Center
North Pacific Fishery
Management Council
Alaska Fisheries
Business Assistance Project
International Seafood Trade Shows
North American
International Food, Beverage, Wine and Spirits Exhibition
(SIAL)
SIAL
Paris
Japan
International Seafood & Technology Expo
International
Boston Seafood Show
International
West Coast Seafood Show
European Seafood
Exposition
China Fisheries &
Seafood Expo 2006
The Singapore Seafood
Exhibition
Vietnam Fisheries
International Exhibition
Seoul International
Seafood Show
Busan International
Seafood & Fisheries Expo
Seafood Expo Latin
America
Mediterranean Seafood
Exhibition