As eCommerce expands globally, businesses targeting the European Union (EU) market face both opportunities and challenges. The EU, with 27 member states and over 400 million consumers, offers significant growth potential. However, evolving shipping regulations require companies to navigate complex customs procedures, country-specific rules, and various fees and tariffs. Essential steps, like obtaining the Economic Operator Registration and Identification (EORI) number, are crucial for ensuring smooth transactions and successful operations within the EU market.
Global Trade Magazine shared this article outlining the changes, complexities and opportunities to achieve success.