Advises international clients on foreign markets and fluctuations. Maintains current knowledge and close following of major commodity markets including crude oil, petroleum and natural gas products, agricultural products, and precious metals. Recommends products based on international currency and commodity markets.
Trade contributes to global efficiency. When a country opens up to trade, capital and labor shift toward industries in which they are used more efficiently. That movement provides society a higher level of economic welfare.
A trade consultant helps their client get all the answers they need regarding their upcoming shipment. They help their clients navigate the complicated world of imports and export trade compliance, and ensure their clients are compliant with local rules and regulations every step of the way.
A Foreign Trade Consultant is responsible for advising companies on international trade regulations, market entry strategies, and foreign market opportunities.
International trade specialists research opportunities and find trends in global commerce so they can help companies make informed decisions on how to conduct trade operations. This requires trade specialists to stay abreast of new tariffs, import and export laws, customs rules, and supply chain changes.
How to become an international trade specialist Earn a bachelor's degree. Consider pursuing a master's degree. Complete an internship. Become certified. Gain relevant industry experience. Analytical skills. Written and verbal communication. Cross cultural communication.
To become an international trader, you need to have a variety of qualifications and skills. Most employers seek traders who have at least a bachelor's degree in finance, economics, logistics, or business administration, although several years of experience in the import/export business can make up for lack of a degree.
To work as a consultant, you'll need at least a bachelor's degree or equivalent. Many universities are offering international development programs, but you can also get a degree in business, economics, international relations, or a related field.