Have you ever had to file your EEI with AES and forgotten your ECCN? Or attempted to complete your export paperwork and realized BIS classified your item as EAR99 and you can ship under NLR? Or does this sound like Greek to you?
Exporters have a language all our own—from common terms we see and use everyday to acronyms we may have to look up to remind ourselves of. Chances are you use many of these acronyms everyday, but there may be some you forget from time to time. (I know I do!)
That’s why I thought it would be helpful to compile several dozen of the most common exporting acronyms (sorted alphabetically) into a cheat sheet that translates these terms for me. How many are you familiar with?