Earn marketable international business credentials

Earn marketable international business credentials

WHO CAN APPLY?

This programme is designed for anyone who works or wishes to work within the exciting, yet demanding, area of International Trade. With FITTskills online courses, you can build your skills and knowledge anytime, anywhere, no prior learning or pre-requisites required.

Learn the essential skills you need to succeed and avoid costly errors in international business with real-world training from top quality instructors and certified experts with exceptional experience and knowledge in international trade.

FITT STRUCTURE
  • FITT participants will learn practical international business skills through comprehensive courses, in a flexible, self-paced environment.
  • FITTskills participants will have 3 months to complete each course from the time of registration.
  • FITT participants are supported through topic-specific textbooks in eBook format, guiding notes, case studies, sample exam questions and the answers to the exercises are included in the textbook. These additional resources provide participants with an opportunity to apply their learning and verify their progress.
COURSE CONTENT

The FITTskills Certificate in International Trade, is self-paced and self-led. Therefore, participants can complete the course at any time during the allotted three-month period. This type of flexibility is an added benefit to clients who tend to have an extremely hectic lifestyle. Each course consists of modules and units, all focused on specific areas within International Trade. Participants will earn the FITT Certificate in International Trade upon completion of 3 of the 6 FITTskills courses identified below.

Modules:

  • Situational Analysis
  • Cost and Pricing Analysis
  • Risk Analysis and Management

Modules:

  • Planning for International Market Strategy
  • Implementation of Market Entry Strategies
  • Law and Ethics 
  • Intercultural Competence

Modules:

  • International Procurement
  • Inventory Management
  • International Distribution
  • Document Management

Modules:

  • Product Development
  • Service Development

Modules:

  • Marketing Products and Services
  • Selling to International Markets
  • eCommerce
ASSIGNMENTS AND ASSESSMENT

Participants will have three months to work through the self-led course and complete the final assessment. The time required may vary from person to person depending on how well you study or prepare and your pre-existing knowledge in international trade and business.

We generally estimate that it will take 30-45 hours to complete a course if you are completely new to international trade, or closer to 15-20 hours if you already have 2 or more years of experience.

The course assessment is an open book multiple choice exam.

ENTRY REQUIREMENTS

This course is open to individuals working in the area of International Trade or Business and to those who wish to work in this area.

COURSE FEES

exporTT will provide scholarships to exporters, both manufacturers and service providers.

Participants will have access to:

  • Scholarship offered by exporTT
  • All course materials
SELECTION CRITERIA

To access exporTT’s scholarship programme participants must:

  • Be a national of Trinidad and Tobago
  • Must have a diploma, associates, bachelor degree or equivalency
  • A minimum of one year employed at a Exporting Firm
  • Submit one reference from your employer
  • Commit to refunding exporTT $600CAD per course, for funds incurred due to drop out or if programme is incomplete within the stipulated three month period.

For more information on the courses, please contact us at fitt@exportt.co.tt or 612-3988 ext 7947 or 7912

Application Form
SheTrades Christmas Market. Be a part of this activity!

SheTrades Christmas Market. Be a part of this activity!

Deadline: End of workday, Friday 28 October 2022. 

The Trinidad and Tobago Hub plans to facilitate and promote a two-day Conference and Market place to be held during the month of December 2023 for selected WLBs in the sectors of Food and Beverage, Crafts and Artisan products, and Fruits and Vegetables.

About SheTrades:
 
The SheTrades initiative, which was established in 2015 by the ITC, aims to connect three million women entrepreneurs to international markets. In October 2020, Trinidad and Tobago officially launched its SheTrades Hub, the first of its kind in the Caribbean.
 
The general objective of the Programme is to support the advancement of Trinidad and Tobago’s women-owned small and medium enterprises which is crucial for generating economic growth and contributes to poverty reduction.
Curaçao - Caribbean oasis and Exporters' paradise

Curaçao - Caribbean oasis and Exporters' paradise

By: Sushmita Ramjohn

862 kilometres. That’s the unobstructed distance between Trinidad and Curacao, an island just off the coast of Venezuela, lined with majestic white sand beaches and vibrant architectural sites. A World Trade Organisation (WTO) Accessions Newsletter in 2020, stated that there have been negotiations for increasing bilateral trade between T&T and Curacao since 2018. While no trade agreement has been announced by either country, Curacao was identified as a market of interest for exports in the National Export Booster Initiative for the Manufacturing Sector 2021. The Export Booster Initiative (EBI), which is valued at TT $50 Million, is being undertaken by exporTT and the Ministry of Trade and Industry with the aim of increasing nonenergy exports and developing overseas markets for local T&T products. There is also a collaboration with entities such as The Trinidad and Tobago Manufacturer’s Association (TTMA), Trinidad and Tobago Coalition of Services Industries (TTCSI), Fashion TT and others for events such as participation in trade missions and capacity building. Under the EBI a Curacao market survey was conducted in 2021, followed by a virtual trade mission to Curacao, conducted by the TTMA. These two activities revealed potential in the market and paved the way for an in-person Trade Mission to Curacao, which is scheduled for the 1st to 4th November, 2022.

Photo by Lakeisha Bennett via Unsplash

In Curacao, which has a significant servicebased economy, tourism, oil refining, financial services, ICT and bunkering account for some 84% of the country’s GDP. The 444 km2 island has no developed manufacturing sector and its imports in 2020 were valued at $856 Million USD. This means that there is a significant reliance on imports for consumer and capital goods. In contrast, exports were valued at just $143 Million USD in the same year. Additionally, Curacao provides the perfect getaway oasis for tourists while also affording a paradise of opportunities for the exporters of Trinidad and Tobago in the areas of food and beverage and construction. 

The first area of interest for T&T’s exports is in the food and beverage sector. Given the size of the tourism industry and the role it plays in Curacao, exports from Trinidad and Tobago would not only cater to the Curacao citizens but to tourists as well. In 2021, Curacao noted a total of 265,000 tourist arrivals according to the Curacao Tourist Board and it is expected that the 2022 figure will surpass this. This figure encompasses day trippers, cruise arrivals, overnight stays etc. In addition to Curacao’s population of 152,369, all the tourist arrivals represent a market for exporters. According to the International Trade Centre’s website, as a market, Curacao has untapped import potential in various products which means that Curacao has the capacity to import more. The products with more potential to import include food preparations, water, non-alcoholic beverages and prepared sauces. Coincidentally all of these items are on the list of the top 50 exports of Trinidad and Tobago. Entering the Curacao market, as advised by Jonckheer Advertising, the consultant who conducted the virtual trade mission, can be done in three ways which include partnering with a local distributor in Curacao, direct B2B meetings and establishing an office and operations in Curacao. Products in the food and beverages category have no specific requirements for entry into the Curacao market, except for the provision of a mandatory expiration date printed on edible items and that labels must indicate the ingredients of products and the size and quantity of an item. In the absence of a trade agreement, a tariff would apply; the customs tariff applied on products depend on the HS Code and range from 5.5% to 35%. Food preparations, for example, under HS Code 21069010 have a 12% tariff. For further information on tariffs, exporTT’s Research and Opportunity department can be contacted.    

 

Photo by Dave Drury via Unsplash

The second area of interest for T&T exporters is the construction sector. Recently, the in-market consultants described the developments in Curacao as a ‘building boom’, particularly in the hotel industry, and stated that there is also an interest in renovating the older buildings. It is recommended to use a distributor from Curacao if entering the market with building materials. The two established companies in Curacao that the consultant recommends are Kooyman and Building Depot. The consultants also mentioned that companies who are environmentally conscious may have an advantage if they indicate that their packaging for consumer goods is recyclable and biodegradable. This can be extended to other products and may also provide producers of building materials with an advantage if they indicate the environmental impact of their products. exporTT has a Standards Implementation Grant and International Certification Fund which can assist in meeting market entry requirements. The tariffs applied to construction goods, like in the food and beverage sector, also depend on the HS code. For example, cement with HS Code 252100 has a tariff of 10.5%.  

 

Curacao is a beautiful island with rich heritage and just as rich landscapes and scenery with an added incentive: there is an opportunity for business. T&T can offer products in the food and beverage sector as well as the construction sector and potentially access a market that includes both the local Curacao population and their visitors. It is advised, however, to contact distributors in Curacao who have experience with importing rather than entering the market without their expertise. There is a market for T&T’s products in Curacao because of Curacao’s propensity to import due to the characteristics of its economy. exporTT looks forward to the upcoming 1st to 4th November Trade Mission and tapping into that existing market potential together with our local manufacturers and service providers.