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The Supplier Is Not Always to Blame: Internally Generated Procurement Risks
When problems arise in international procurement, the instinctive response is often to blame the supplier. Delay, quality deviation, documentation error – the fault appears to be "outside." In practice, however, many procurement risks actually originate from the company's own operations.
Botond BarabásProcurement Decisions Under Currency Exposure – What Can a Business Leader Do?
Import Risks Nobody Talks About
China, Turkey, India – Which Sourcing Market Works When?
Low Volume, High Risk: When Entering a Foreign Market Does Not Pay Off
The Inner Workings of a Successful Hungarian Export – What Do They Do Differently?
No Market Without a Local Partner? Myths and Working Alternatives
The Cheapest Offer Is Often the Most Expensive Decision
Basics of Ocean Freight: What Every Importer Needs to Know
A New Era Arrives in E-Commerce Imports from 1 July: The €3 Customs Fee Is Coming
The Ukrainian Grain Import Ban Has Ended – But the Obligations Have Not Disappeared
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Latest Articles
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Ecuador's Export Economy Enters a New Era: Record Trade Surplus and a New Market Expansion Strategy
While global trade continues to face geopolitical tensions, rising logistics costs and increasing market uncertainty, Ecuador's export sector is undergoing a remarkable structural transformation. According to FEDEXPOR's April 2026 foreign trade report, the country has achieved a historic milestone in its non-oil foreign trade balance.
Botond Barabás
Kazakh Exports May Shrink Towards Italy – Can Hungarian Grain Exporters Benefit?
Kazakhstan's wheat production is expected to return to earlier, more average levels, which may also constrain export opportunities. The change is particularly interesting from the perspective of the Italian market, where growing volumes of Kazakh wheat and durum wheat have appeared in recent years.
Botond Barabás
Is China Still the World's Factory? What Does This Mean for Importers?
In recent years, many companies have begun rethinking their China-dependent procurement strategies. Geopolitical tensions, growing tariff risks, and the vulnerability of global supply chains have prompted many to seek alternative markets. The question today is no longer whether China can be replaced, but what level of risk makes it still worth building on.
Botond Barabás
A New Era Is Coming in European Steel Imports: 50% Protective Tariff and Stricter Origin Rules Expected
The European Commission is preparing new steel import regulations that could significantly reshape the EU steel market. The proposal would raise the additional duty on imports above the quota to 50%, while requirements for proving origin are also set to tighten.
Botond Barabás
A Strengthening Forint: Consumers Rejoice, Exporters Feel the Pressure
A strengthening forint may appear to be a favourable economic development, particularly for consumers and importers. For export-oriented Hungarian companies, however, rapid exchange rate movements can cause serious revenue, profitability, and competitiveness pressure.
Botond Barabás
When a Missing Sentence Becomes a Million-Forint Export Risk
International trade has entered a new era. For exporters, it is no longer sufficient to ship goods lawfully: they must also demonstrate that they have done everything to prevent the circumvention of sanctions. A single missing contractual clause can today pose a serious customs and reputational risk.
Botond Barabás
A New Era in Export Controls: What Does Mandatory Sanctions Risk Reduction Mean for Companies?
New EU and domestic export control regulations no longer examine only the movement of goods but the entire commercial and logistics chain. Companies must operate documented risk-reduction and partner due-diligence systems to comply with sanctions requirements.
Botond Barabás
Digital Authorisation Under New Rules: What Must Businesses Do Differently Now?
The NAV's new digital authorisation system fundamentally changes how representation rights are managed. Authorisation today is no longer a simple document, but a digital entitlement that operates as a real-time, auditable, multi-party process.
Botond Barabás
New US Duty Refund System Launches: What Must Importers Pay Attention To?
The US Customs and Border Protection (CBP) is introducing a new CAPE system to handle IEEPA duty refunds. The digitised process promises faster and more transparent administration, while the importance of accurate data management and customs compliance remains paramount.
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The Supplier Is Not Always to Blame: Internally Generated Procurement Risks
When problems arise in international procurement, the instinctive response is often to blame the supplier. Delay, quality deviation, documentation error – the fault appears to be "outside." In practice, however, many procurement risks actually originate from the company's own operations.
Botond Barabás
Procurement Decisions Under Currency Exposure – What Can a Business Leader Do?
International procurement is not only a question of price and logistics costs – it is also a currency risk decision. With a multi-month lead time on an import transaction, exchange rate movements can easily wipe out the entire margin. The deliberate business leader does not gamble but manages currency exposure at a systemic level.
Botond Barabás
Import Risks Nobody Talks About
Discussions about the risks of international procurement usually focus on customs, shipping, and exchange rates. These are indeed important factors. But there are import risks that are less obvious yet can cause serious losses in the long run, because they quietly embed themselves into everyday operations.
Botond Barabás
China, Turkey, India – Which Sourcing Market Works When?
In international sourcing, the question is no longer where manufacturing costs are lowest. China, Turkey, and India represent different cost levels, logistics distances, risk profiles, and business cultures. The right decision is not about choosing a country, but choosing an operating model.
Botond BarabásExport
Low Volume, High Risk: When Entering a Foreign Market Does Not Pay Off
Export is not a linear extension of domestic sales.
The Inner Workings of a Successful Hungarian Export – What Do They Do Differently?
Successful Hungarian exporters are not successful because they offer a better deal, but because they operate differently.
No Market Without a Local Partner? Myths and Working Alternatives
A local partner is not a universal solution in export.
Is Your Company Export-Ready? An Objective Self-Assessment Model
Interest in exporting alone does not mean export readiness.
When Should You Not Export? – The Real Cost of Poor Timing
Many Hungarian companies fail in foreign markets not because their product is poor, but because they enter too early or under the wrong circumstances.
Price Competition or Value Competition? How to Position Your Product Abroad
In export markets, price competition is one of the deepest dead ends.
Distributor or Direct Sales? Export Decisions Backed by Numbers
One of the most critical strategic questions when entering an export market is not what you sell, but how.
Why Does the Export Strategy Fail Right from the Start? – 7 Typical Mistakes Hungarian Companies Make
Most Hungarian companies fail in export markets not because their product is poor, but because they do not treat export sales as a system.
Customs
A New Era Arrives in E-Commerce Imports from 1 July: The €3 Customs Fee Is Coming
Significant changes are coming to the customs handling of low-value consignments arriving from outside the European Union.
A New Era Is Coming in European Steel Imports: 50% Protective Tariff and Stricter Origin Rules Expected
The European Commission is preparing new steel import regulations that could significantly reshape the EU steel market.
When a Missing Sentence Becomes a Million-Forint Export Risk
International trade has entered a new era.
A New Era in Export Controls: What Does Mandatory Sanctions Risk Reduction Mean for Companies?
New EU and domestic export control regulations no longer examine only the movement of goods but the entire commercial and logistics chain.
Digital Authorisation Under New Rules: What Must Businesses Do Differently Now?
The NAV's new digital authorisation system fundamentally changes how representation rights are managed.
New US Duty Refund System Launches: What Must Importers Pay Attention To?
The US Customs and Border Protection (CBP) is introducing a new CAPE system to handle IEEPA duty refunds.
Key Customs Changes from January 2026
The European Union and Hungary have amended numerous customs regulations from January 2026.
Trade Law
CMR, BÁF, Cargo Insurance – What Does Each Actually Cover?
CMR insurance, BÁF, cargo insurance, freight forwarder liability insurance – the terms are frequently confused, while they cover entirely different risks and liability situations.
The Ukrainian Grain Import Ban Has Ended – But the Obligations Have Not Disappeared
As of 14 May 2026, the government decree restricting imports of Ukrainian agricultural products has ceased to apply.
Incoterms 2020 Practical Guide: Which One Should You Choose?
Incoterms rules define the allocation of risk and costs between seller and buyer.
Logistics

The Cheapest Offer Is Often the Most Expensive Decision
Most service provider selection processes ultimately reduce to a single question: who gives the best price? The problem is that the true value of a service is rarely visible in the fee. Operational stability, response time, and the quality of problem-handling often only become apparent when something goes wrong.
Botond Barabás
Basics of Ocean Freight: What Every Importer Needs to Know
Sea freight is the backbone of international trade. This article introduces the basics of ocean shipping, container types, and how to calculate costs.
Mihály BekeEconomy

A Strengthening Forint: Consumers Rejoice, Exporters Feel the Pressure
A strengthening forint may appear to be a favourable economic development, particularly for consumers and importers. For export-oriented Hungarian companies, however, rapid exchange rate movements can cause serious revenue, profitability, and competitiveness pressure.
Botond BarabásCase Studies

ETA Is Only an Estimate – A Cautionary Tale for Importers
In sea freight, the ETA is not a guarantee but a probabilistic figure. The case of a Hungarian importer clearly illustrates how misinterpreting transit time can lead to penalty clauses, emergency air freight, and liquidity pressure. International supply chains today are no longer merely an operational matter, but a strategic risk management decision.
Botond Barabás



