Transportation and Logistics

This includes moving products between countries, insurance of goods, warehouse and storage fees,

Tariffs and Import Costs

Countries have border fees and customs duties that the exporting company has to pay to import their product into a new country.

Fluctuation in Exchange Rates

This happens when the value of one currency changes compared to another, which is constantly fluctuating.

Local Taxes

Different locations have different tax laws and VATs.

Inflation and Recession

If there is a recession in a country, the prices of the raw materials will increase, which will result in higher prices of products.

Demand

Something that is in high demand, may not be as popular in another country.

Middleman

This is the bridge between the product and where it sells. For example, retailers may add their own price.

Streamline Distribution

By cutting out the middleman, prices can be regulated.

Local Production

Minimise import and trade costs by manufacturing the product locally.

Hedging Tools

Sign a future contract that locks in a secure price, mitigating any future risks.