Navigating the Complexities of LATAM Imports
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Reading Time: 3 minutes
Shipping IT hardware into Latin America can be a gauntlet for importers. Trade balance rules make it difficult to get goods through customs, and if you are not careful, you could end up spending a lot of time and money. Additionally, any mistake can expose your business to a significant measure of risk.
The movement of IT equipment around Latin American countries is heavily regulated. Customs authorities have wide discretion, and their interpretations of regulations vary wildly. This can lead to long delays, unexpected fees, and even the seizure of goods. And if you import refurbished equipment, you’ll face even more challenges.
TecEx’s client is a leading innovator in sports technology, recognized for delivering sports officiating technology such as the well-known Video Assistant Referee (VAR) system, which makes the sport fairer, safer, and more engaging along with line calling technology in international tennis, goal-line technology in football and the review system in cricket.
The client, having already provided VAR technology to leagues across Europe, now needed to ship its system to various stadia around the world to fulfill a new contract – including Buenos Aires, a destination where they have no import entity.
Argentina’s Ease of Doing Business ranking is high—it sits at 126th out of 190 economies. The ranking reflects a regulatory environment that is not the most streamlined for businesses, making it one of the most challenging destinations in which to do business.
The project was brought to TecEx’s attention on the 23rd of January, with a major football event set to take place from the 9th – 15th February. In one of the matches, rivals from Argentina and Brazil were to be overseen by the client’s VAR system.
The challenge presented to TecEx was to ensure the technology was shipped, cleared, and delivered within two weeks. The fact that the goods were refurbished items added a layer of complexity, making compliance far more demanding for the TecEx team. To add insult to injury, the shipment had to be consolidated from three separate continents before it could finally reach its destination in Argentina, one of the world’s most complex and compliance-heavy countries.
Shipping dual-use goods to Argentina presents some of the world’s most complex import challenges. Stringent, multi-layered compliance requirements and cumbersome trade regulations can significantly hinder the import process.
Although the timing was extremely tight, based on experience and in-depth knowledge of shipping into Latin America, the TecEx team was confident in their odds of success.
The team began by consolidating the goods from the UK and the US and bringing them together in a third hub in the US. Because the products were second-hand, Argentina’s compliance laws regarding refurbished goods came into effect.
The goods had to be checked and documented very specifically. Serial codes and Harmonized System (HS) codes had to be verified, and only then could the packaging and sending of the goods to their final destination actually take place.
Thanks to TecEx’s vast knowledge and capabilities, the team was able to take on the task and ship on very short notice, helping our client keep their promises and clearing customs in Argentina in record time.
In fact, the goods arrived on the very day the tournament began, and they really were needed. (In the final, a dispute over a yellow card was called. The ref did not issue the card at first, but the call went to VAR, after which his decision was modified.)
The client was happy, and the various stakeholders were satisfied. The only disappointing outcome was the match result – a draw.
The bottom line is this: always use a partner who is fully aware of the compliance requirements for importing IT hardware into your destination region – because when you do, there’s little that’s truly impossible.
And as part of the turnkey solution provided by TecEx, we have already exported the equipment out of Argentina and delivered it back to our client. Hopefully, for use in future nail-biting tournaments around the world!
Streamline your Global Technology Deployment with TecEx. Our specialist Importer of Record (IOR), trade compliance, Exporter of Record (EOR), and liability cover services help you navigate even the most complex destinations. We offer a comprehensive end-to-end solution, ensuring the seamless import and export of your GPUs, data center gear, and high-tech infrastructure to fast-track your global deployment.
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Contact TecEx to help with shopfitting, design, and architectural projects in foreign markets. Our global presence, project management, import compliance, and logistics network allow us to offer a comprehensive end-to-end solution for clients throughout the supply chain.
Contact TecEx to help with shopfitting, design, and architectural projects in foreign markets. Our global presence, project management, import compliance, and logistics network allow us to offer a comprehensive end-to-end solution for clients throughout the supply chain.