While importing can be beneficial, it also comes with its own set of challenges:
Regulatory Compliance: Businesses must comply with various import regulations and customs procedures, which can be complex and time-consuming. Logistics: The process of transporting goods over long distances involves logistical challenges, including shipping, warehousing, and distribution. Exchange Rates: Fluctuating exchange rates can impact the cost of imported goods, affecting profitability. Quality Control: Ensuring the quality of imported goods can be difficult, especially if the supplier is located in a distant country.