A well informed approach can help you seize the opportunity to connect with new consumers and increase revenue.
\nThe U.S. is the world’s largest national economy and leading global trader. Americans generate and earn more than twenty percent of the world’s total income\n 1.
\nThe good news is a significant portion of that income is now being spent online. In fact, online shopping has become so common that over three quarters of the country have shopped online\n at some point in their lives\n 2.
\nThese figures are set to increase further in the future with retail e-commerce sales forecast to grow by nearly eleven percent between 2023 and 2027\n 3.
\n\n1. Stats taken from https://www.statista.com/topics/2477/online-shopping-behavior/#topicOverview\n
\n\nOver the past decade, the e-commerce market in the USA has been constantly evolving and has now grown to be one of the largest in the world. There has never been a better time to venture into the U.S.\n market. Retail\n e-commerce sales are forecast to grow at a fast pace in the coming years, going from roughly 875 billion USD in 2022 to over 1.3 trillion USD in 2025\n 4.
\n\n The Christmas holidays are a busy time for online e-commerce shopping. Since 2019, over half of U.S. shoppers have elected to do their holiday shopping via\n e-commerce rather than in store 5. Black Friday and cyber Mondays are also major times to connect with potential new buyers.\n
\nRevenue of the e-commerce industry in the U.S. 2018-2028
\nRevenue in billion U.S. dollars
\nSource: https://www.statista.com/statistics/272391/us-retail-e-commerce-sales-forecast\n
\n\n The first thing to consider when preparing a package to be delivered to the USA is the journey it will take. Unlike domestic orders in this country that are delivered from one postal hub to another via road, a parcel\n going across the U.S. might transit through trains, planes, lorries or boats.\n
\nTransit Times | \n4-7 working days | \n
Maximum Dimensions | \n\n Length: 66cm max \n Height: 43cm max \n Width: 43cm max \n Length + Girth ≤ 125cm \n | \n
Maximum Weight | \n25lbs / 11kg | \n
Maximum Container Value | \nUSD 3,000 | \n
Low-Value Limit | \nUSD 800 | \n
GST | \n0% | \n
Duty | \nVariable based on product; applicable on items over USD 800 | \n
DDP Available | \nYes | \n
DDP Fee | \nTBC | \n
Clearance Fee | \nTBC | \n
The low value threshold for the USA is USD 800. Anything above the low value threshold must undergo formal clearance. These items will also be subject to duty/sales tax.
\nRemember that liquids and powders require special packaging. It’s also worth checking the delivery times, as these can vary for different parts of the country.
\n“Consumers in the USA are becoming increasingly more confident in purchasing their products from abroad, and there is a lot of untapped potential there for UK\n e-commerce businesses.”
\nSimon Perkins, Commercial Director, SAMOS.
\n\n An international seller who makes sales in the U.S., regardless of whether they are based there or not, may have economic nexus. This means that if you make a certain dollar amount of sales in a state, or a certain\n number of transactions with buyers in that state, then you are required to collect sales tax in that state.\n
\n\n About half the states in the U.S. currently have economic nexus laws. You can read more about each US state’s economic nexus laws here.\n
\n\nExample:
\nIn Kentucky, any international seller who has made more than $100,000 in sales in the state in the previous or current calendar year, or who made more than 200 sales transactions in the state in the previous or\n current calendar year, is required to comply with Kentucky’s sales tax laws.
\nCompliance means registering for a Kentucky sales tax permit and collecting sales tax from any buyers in Kentucky.
\n1 https://ustr.gov/issue-areas/economy-trade
\n2 https://www.statista.com/topics/2477/online-shopping-behavior/#topicOverview\n
\n3 https://www.statista.com/topics/2477/online-shopping-behavior/#topicOverview\n
\n4 https://www.statista.com/topics/2443/us-ecommerce/#topicOverview\n
\n5 https://www.statista.com/topics/2477/online-shopping-behavior/#topicOverview\n
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