International Freight Forwarder and Customs Broker Based in China

Shipping from China to Italy | Sea, Air & Rail Freight

Shipping from China to ItalyWondering how shipping from China to Italy impacts global commerce? The trade relationship between these two nations exemplifies the profound effects of international trade on economic prosperity. In 2021, their trade volume reached a significant $54 billion, underscoring a robust partnership that fuels economic growth and development in both countries.

Platforms like Alibaba have revolutionized this landscape, enabling businesses of all sizes to easily navigate the complexities of global markets. By simplifying logistics and customs processes, Alibaba not only facilitates easier access to international markets but also empowers businesses with the tools to engage effectively in global trade. This introduction sets the stage to explore deeper into how Sino-Italian trade relations and digital platforms like Alibaba are shaping the future of international commerce.


May 2024 Shipping Update: From China to Italy

  • Costs: Shipping expenses continue to vary, with sea freight options priced between $300-$500 for LCL and $1,000-$1,500 for FCL. Air freight costs remain at $2 to $5 per kg, suitable for urgent or high-value shipments.
  • Delivery Times: Sea freight is stable, with transit times ranging from 20 to 40 days for non-urgent goods. Air freight provides a faster solution, with delivery times between 3 to 8 days. Express shipping remains the quickest option, with a delivery window of 1 to 3 days.
  • Customs: Efficient customs management is crucial. Employing seasoned customs brokers or freight forwarders is recommended to facilitate the process and ensure timely deliveries.
  • May Advice: Continue to diversify shipping methods and strengthen partnerships with knowledgeable logistics providers. Utilizing door-to-door services could further streamline logistics and potentially lower overall costs.
  • Outlook: The shipping landscape between China and Italy is expected to maintain stability, although slight adjustments may occur due to variables such as market demand and fuel prices. Strategic planning and the careful selection of shipping modes and forwarders are vital for efficient shipments.


Freight Shipping Costs from China to Italy

Breakdown of Costs by Shipping Mode

Looking for factual, concise information on the costs of shipping from China to Italy? Here’s a straightforward breakdown of what you can expect to pay for each shipping mode:


Shipping ModeSuitabilityCost Range
LCL (Less than Container Load)Ideal for smaller shipments$30 to $60 per cubic meter
FCL (Full Container Load)More cost-effective for larger shipments$1,500 to $2,500 per 20-foot container
Express ShippingFastest but most expensive$200 to $400 for a 50 kg package
Air FreightFor urgent, less time-sensitive shipments$4 to $8 per kilogram

The choice between these options should consider both the urgency and the volume of the shipment. For example:

  • A small, high-value shipment might justify the high cost of express shipping.
  • Larger, less time-sensitive goods are more economically shipped via FCL, securing both space and cost-efficiency.


Tips for Estimating Shipping Costs and Budgeting

Accurately estimating shipping costs is crucial for effective budget management in international trade. Here are some practical steps to ensure precise cost estimation:

  • Understand the Components: Shipping costs include more than just the base rate. Consider:
    • Fuel surcharges: Can fluctuate based on oil prices.
    • Customs duties and taxes: Vary according to the type and value of the goods.
    • Additional fees: Insurance, warehousing, and handling fees might apply.
  • Monitor Market Conditions: Shipping costs can be affected by external factors such as global economic conditions, political stability, and seasonal demand spikes.

By keeping these factors in mind and regularly consulting with freight forwarders for up-to-date information, businesses can develop a more accurate budget for their shipping needs from China to Italy. This not only helps in avoiding unexpected costs but also assists in strategic planning and price setting for the products once they reach the market.


How Do Import Taxes and Duties Impact Your Shipping Costs from China to Italy?

Decoding the Cost Influence of Import Taxes on Freight

Are you aware of how import taxes and duties can inflate the cost of shipping goods from China to Italy? Understanding these costs is crucial for effective budgeting and pricing strategies. Here’s how these fees can impact the overall shipping expenses:

  • Value-Added Tax (VAT) and customs duties are the primary types of taxes levied on imported goods. In Italy, VAT can range from 4% to 22%, depending on the type of goods, adding a substantial amount to the final cost.
  • Classification of goods under the correct Harmonized System (HS) codes is vital since these codes determine the rate of duty applied. Incorrect classification can lead to wrong duty calculations, potentially resulting in higher costs.
  • The Incoterms (shipping terms) used in the transaction affect who bears the responsibility for these costs. For example, Delivered Duty Paid (DDP) terms mean the seller bears all risks and costs until the goods are delivered, which includes duties and taxes.


Product CategoryProduct Value (€)Customs Duty (%)Customs Duty Cost (€)VAT (22%)Total Tax Cost (€)Total Cost Including Taxes (€)

For instance, importing electronic goods worth €50,000 could attract up to €11,000 in VAT alone, significantly affecting the landing cost of the products.


Navigating Legal Compliance in International Shipping to Italy

How can businesses ensure legal compliance when shipping from China to Italy? Adhering to regulations is not just about avoiding penalties—it’s about ensuring a smooth logistics process. Here are key strategies to stay compliant and efficient:

  • Correct Classification: Always classify goods accurately by using the appropriate HS codes. This ensures you pay the correct rate of duty and helps avoid delays during customs processing.
  • Accurate Value Declaration: Declare the full value of your shipments. Underdeclaring can lead to fines and legal issues, while overdeclaring increases the import duty unnecessarily.
  • Understanding Local Regulations: Familiarize yourself with Italian customs regulations. Each country has unique requirements and knowing these can prevent unexpected complications.

Additionally, utilizing services like customs brokers or logistics partners who specialize in the China-Italy trade lane can be invaluable. They can manage the paperwork and ensure that all procedures are followed correctly, thereby reducing the risk of customs hold-ups.


Shipping from China to Italy Transit Time

Comparing Transit Times Across Different Shipping Modes

Curious about the transit times for shipping goods from China to Italy? Choosing the right shipping mode is crucial for meeting your delivery schedules. Here’s how long each method typically takes:


Shipping ModeTransit TimeDescription
Sea Freight (LCL)Approximately 30-45 daysDependent on sea route and port efficiency
Sea Freight (FCL)About 25-40 daysOften receives priority in loading and unloading
Air FreightAbout 5-8 daysQuick but more expensive, suitable for urgent shipments
Express ShippingUsually 3-5 daysFastest option, ideal for time-sensitive shipments
Rail FreightAbout 18-22 daysOffers a balance between cost and speed

For instance, a fashion retailer needing quick replenishment of stock might choose air freight to meet market demands, despite higher costs, whereas bulk non-perishable goods can be shipped via sea freight to reduce shipping expenses.


What Factors Affect Transit Times and How to Mitigate Them?

Ever wonder what could delay your shipment from China to Italy? Various external factors can extend transit times, but understanding and planning for these can minimize disruptions:

  • Weather Conditions: Severe weather can delay sea and air transport. Monitoring weather patterns can help in anticipating delays.
  • Port Congestion: Common in busy ports, leading to unloading delays. Choosing less congested routes or ports can alleviate this issue.
  • Customs Delays: Resulting from incorrect documentation or inspections. Ensuring accurate paperwork and compliance with import regulations is critical.
  • Logistics Efficiency: Delays can occur if your logistics chain has inefficiencies. Collaborating with experienced freight forwarders who understand the intricacies of the China-Italy route can optimize the process.

For example, during the Chinese New Year, extended factory closures can delay product availability, impacting shipping schedules. Shippers can mitigate this by planning shipments well in advance and keeping abreast of holiday schedules.


Door to Door Shipping from China to Italy

Advantages of Door-to-Door Services

Considering door-to-door shipping for your goods from China to Italy? This service streamlines the entire shipping process, offering numerous benefits that can significantly enhance operational efficiency. Here’s how:

  • Simplified Logistics: Door-to-door shipping consolidates the logistics process by handling all aspects from pickup at the supplier’s location in China to delivery at the recipient’s doorstep in Italy. This eliminates the need for multiple intermediaries, reducing the complexity and potential for errors.
  • Reduced Handling of Goods: Fewer transfers between different modes of transport mean less handling of the goods, which minimizes the risk of damage and loss during transit. This is crucial for fragile or high-value items.
  • Faster Transit Times: By coordinating the entire shipping process, door-to-door services can potentially shorten the delivery time. This efficiency is achieved through optimized routes and direct delivery, which cuts down on delays that typically occur during cargo transfers.

For example, a business importing designer furniture from China can benefit from reduced risk of damage, as the items are not unloaded and reloaded multiple times but are handled carefully by a single service provider from start to finish.


Choosing the Right Door-to-Door Service Provider

How do you select the best door-to-door service for shipping from China to Italy? With platforms like SINO Shipping offering a range of providers, making the right choice is crucial. Here are key factors to consider:

  • Reliability: Ensure that the service provider has a proven track record of reliable and timely deliveries. Check customer reviews and testimonials to gauge their reliability.
  • Cost-Effectiveness: Compare different service providers on Alibaba to find competitive pricing. Keep in mind that the cheapest option might not always offer the best value.
  • Service Coverage: Check whether the provider covers all necessary areas from the supplier’s location in China to the final destination in Italy. Comprehensive coverage ensures a smoother delivery process.
  • Expertise in Customs and Regulations: Choose a provider experienced in handling the customs clearance and regulatory requirements specific to Italy. This expertise is crucial to avoid delays and additional costs at customs.


Sea Freight from China to Italy


Shipping TypeSuitabilityCost RangeBenefitsTransit Times
LCLSmaller shipments (<15 cubic m)$30 to $60 per cubic mCost-effective for less than full container30 to 45 days
FCLLarger shipments (full container)$1,500 to $2,500 per 20-foot containerSecure, reduces handling damage25 to 40 days


Benefits of LCL and FCL Shipping

When choosing sea freight for shipments from China to Italy, it’s essential to understand the distinct advantages and logistical implications of both Less than Container Load (LCL) and Full Container Load (FCL) options:

  • LCL (Less than Container Load): Ideal for smaller shipments where you don’t need a full container. It allows you to share container space with other shippers, which can be more cost-effective if you are shipping less than 15 cubic meters. LCL might cost around $30 to $60 per cubic meter, with transit times typically ranging from 30 to 45 days, depending on port efficiency and specific routing.
  • FCL (Full Container Load): Best suited for larger shipments where you can fill an entire container. This option secures your goods in a dedicated container, enhancing safety and potentially reducing handling damage. The cost for a 20-foot container might range between $1,500 and $2,500, with faster transit times of about 25 to 40 days due to direct routing and fewer stops.

For instance, a furniture manufacturer shipping a large volume might opt for FCL to not only secure a lower price per cubic meter but also to ensure that the furniture is less exposed to potential damage from frequent loading and unloading.


Selecting a Sea Freight Forwarder and Top Shipping Routes

Choosing the right sea freight forwarder is crucial for a successful shipping process from China to Italy, involving several key considerations:

  • Cost and Transit Times: Compare forwarders not just on price but on how well they manage transit times. This is crucial for planning and meeting your delivery schedules.
  • Expertise in Customs and Documentation: Opt for forwarders who specialize in handling the complexities of customs clearance, especially those familiar with both Chinese and Italian regulations to avoid delays.
  • Network and Route Efficiency: A forwarder with a robust network and established routes can offer more reliable and quicker shipping options. For example, the main sea route from China to Italy typically passes through the Suez Canal, which is known for its efficiency but may vary in cost and speed depending on the season and geopolitical factors.

By understanding these aspects and how they impact your shipping decisions, businesses can more effectively manage their logistics, ensuring that goods are transported in the most cost-efficient and timely manner possible.


Air Freight from China to Italy


SpeedTypically 5 to 8 days transit time
CostRanges from $4 to $8 per kilogram


Advantages and Considerations of Air Freight

Considering air freight for rapid transport of goods from China to Italy? Air freight stands out for its speed and reliability, but it’s important to weigh these advantages against potential costs. Here’s a detailed look:

  • Speed: Air freight typically reduces transit times dramatically, with shipments usually completed within 5 to 8 days. This is ideal for urgent or high-priority goods.
  • Reliability: Flights tend to have very predictable schedules compared to maritime or overland options, providing more certainty for planning and inventory management.
  • Safety and Security: Air freight offers superior security against damage and theft, making it a preferable option for fragile or high-value items.

However, these benefits come at a higher price:

  • Cost: Shipping by air is considerably more expensive than other modes. Freight costs can range from $4 to $8 per kilogram, depending on the volume and nature of the goods, which is significantly higher than sea freight options.


Selecting the Right Air Freight Forwarder

When shipping from China to Italy, choosing an experienced air freight forwarder is crucial to navigating the complexities of international logistics. Here’s what to consider:

  • Expertise and Network: A forwarder with a robust global network and specific experience in routes between China and Italy can offer more efficient solutions and troubleshooting capabilities.
  • Customs and Compliance: The forwarder must have thorough knowledge of customs procedures and the ability to handle all regulatory requirements smoothly to prevent costly delays.
  • Cost-Effectiveness and Transit Times: It’s essential to balance cost and speed. Evaluate forwarders who offer the best combination of competitive pricing and swift transit times. Ensure they provide clear cost breakdowns, including all potential surcharges and fees.

For example, for sensitive electronics requiring fast, secure delivery, air freight might be the optimal choice despite higher costs. An effective forwarder would provide a detailed quote and timeline, helping the shipper forecast expenses and schedule delivery accurately.


Express Shipping from China to Italy


Cost AnalysisTypically ranges from $5 to $10 per kilogram
Transit TimesDelivery within 3 to 5 days, fastest method available


Benefits and Use Cases for Express Shipping

Looking for the fastest way to ship goods from China to Italy? Express shipping stands out as the premium option for several specific scenarios due to its speed and reliability. Here are some key advantages and ideal use cases:

  • Faster Delivery Times: Express shipping drastically reduces transit time compared to standard options, typically ensuring delivery within 3 to 5 days.
  • Reliability: This mode offers more predictable delivery schedules, which is crucial for businesses that rely on timely arrivals.
  • Tracking Capabilities: Enhanced tracking services mean businesses can monitor their shipments in real-time, providing added peace of mind and logistical control.

Express shipping is particularly beneficial for:

  • Time-sensitive shipments: Where delivery speed is critical to meet project deadlines or market demands.
  • Last-minute orders: Helping businesses respond quickly to unexpected orders or stock shortages.
  • High-value products: Where the added security and faster delivery justify the higher shipping cost.

For example, a fashion retailer launching a new line could use express shipping to ensure samples arrive in time for a critical fashion show, avoiding potential sales losses.


Understanding Costs and Transit Times, Including DDP Options

How can businesses effectively manage the costs and complexities of express shipping from China to Italy? Here’s a breakdown of what to expect and how to optimize the process:

  • Cost Analysis: Express shipping rates are higher due to the speed and added services; costs typically range from $5 to $10 per kilogram, depending on the urgency and the weight of the shipment.
  • Transit Times: With express shipping, goods are usually delivered within 3 to 5 days, making it the fastest available shipping method from China to Italy.

Additionally, the Delivered Duty Paid (DDP) option can significantly streamline the customs process:

  • DDP Shipping: Under this term, all taxes, duties, and shipping costs are prepaid by the seller. This not only simplifies logistics for the buyer but also ensures that there are no unexpected fees upon arrival, speeding up the customs clearance process.

Using DDP is particularly advantageous for ensuring a smooth delivery experience without delays related to customs. It’s an excellent strategy for businesses looking to provide a seamless buying experience, as all costs are transparent and paid upfront.


Key Ports in China and Italy for Shipping

Major Chinese Ports for Exports to Italy

Which ports in China are most strategic for shipping goods to Italy? Understanding the roles and capabilities of China’s major ports is crucial for optimizing your shipping strategies. Here’s a closer look at the three primary ports:

  • Shanghai: Known as the world’s busiest container port, Shanghai offers advanced shipping facilities and services that play a vital role in international trade. Its extensive shipping routes and connections make it a top choice for exporters, ensuring efficiency and cost-effectiveness in global shipping operations.
  • Shenzhen: Positioned near Hong Kong, Shenzhen is crucial for exporters due to its modern infrastructure and technology-driven port services. The port specializes in handling high-tech goods and has a robust system for speedy customs clearance, making it ideal for time-sensitive shipments.
  • Guangzhou: As one of the major trading ports in southern China, Guangzhou serves a wide range of industries. Its facilities are well-equipped to handle diverse cargo types, contributing significantly to the flexibility and reach of shipping operations from China to Italy.


Major Italy Ports for Imports from China

What are the main ports in Italy for receiving goods from China, and how do they influence the shipping process? Recognizing the strategic importance of Italian ports can help businesses plan more effectively and manage costs. Here’s an overview of the critical ports:

  • Genoa: As the largest seaport in Italy, Genoa acts as a major gateway for goods entering from China. It boasts comprehensive customs facilities and a vast network of freight services that facilitate smooth national distribution.
  • Venice: Known for its logistical connectivity across Europe, Venice is pivotal for businesses targeting markets in central and eastern Europe. Its efficient handling of container traffic ensures quick turnover and reduces docking time, enhancing the speed of delivery.
  • Livorno: Often preferred for its proximity to central Italy’s manufacturing and commercial hubs, Livorno features excellent infrastructure for handling a variety of shipments. It plays a critical role in the logistics chain, offering efficient customs processes and connectivity to inland transportation networks.


Freight Forwarders from China to Italy

Role of Freight Forwarders in the Shipping Process

Are you utilizing the full potential of freight forwarders in your international shipping operations? Understanding the role of freight forwarders can significantly enhance the efficiency of transporting goods from China to Italy. Here’s how they make a difference:

  • Intermediary Services: Freight forwarders act as vital intermediaries between shippers and transportation services, providing a crucial link in the logistics chain. They ensure that all aspects of shipping, from cargo pickup to delivery, are smoothly coordinated.
  • Logistics Management: They manage complex logistics arrangements that involve multiple shipping modes and carriers, ensuring that goods move efficiently across borders.
  • Value-Added Services: Forwarders provide a suite of services that include documentation handling, customs clearance, and cargo tracking. Each of these services is essential for streamlining the shipping process, mitigating delays, and enhancing overall shipment security.

For instance, a forwarder might coordinate with various air and sea freight providers to find the most cost-effective and timely shipping solution for your goods, adjusting routes in real-time based on changes in shipping conditions or requirements.


Selecting the Right Freight Forwarder for Your Needs

How can you choose a freight forwarder that meets the specific needs of your shipping route from China to Italy? Selecting the right partner is crucial for ensuring a smooth and efficient shipping process. Here are some tips:

  • Experience and Expertise: Look for a forwarder with significant experience and a proven track record on the China-Italy trade route. Their familiarity with both local and international shipping regulations is indispensable.
  • Network and Partnerships: Evaluate the strength of their network and the quality of their partnerships. A forwarder with strong connections in both China and Italy can offer more reliable and faster service.
  • Service Offerings: Assess their range of services. Can they provide comprehensive solutions including warehousing, consolidation, and distribution? These services can greatly influence the efficiency of your supply chain.
  • Customer Service Reputation: Consider their reputation for customer service. A forwarder that is responsive and proactive in managing client queries and issues can be a significant asset, especially in navigating the complexities of international logistics.

For example, if a shipment gets held up in customs, a skilled forwarder with a competent local team in Italy would handle the situation efficiently, minimizing any potential delays or additional costs.


Alibaba and Shipping: Streamlining the Process

Leveraging Alibaba for Efficient LCL, FCL, and Door-to-Door Shipping

Looking to simplify your logistics operations? Alibaba, as one of the world’s largest online commerce platforms, plays a crucial role in enhancing shipping efficiency for businesses globally. Here’s how you can leverage Alibaba to streamline your shipping processes:

  • Access to Multiple Shipping Options: Alibaba provides easy access to various shipping methods including LCL, FCL, and door-to-door services. This variety allows businesses to select the most suitable shipping method based on the volume, nature of goods, and urgency of the shipments.
  • Supplier and Partner Connections: Through Alibaba, businesses can connect with reliable suppliers and freight partners worldwide. This network is invaluable for reducing logistics costs and ensuring the smooth operation of shipping processes.
  • Customization of Services: Alibaba offers tailored shipping solutions that can be adjusted to meet the specific requirements of businesses of all sizes, enhancing flexibility in logistics management.

For example, a small enterprise needing to ship small quantities of goods can opt for LCL, saving on costs while benefiting from Alibaba’s streamlined logistics solutions.


Tips for Reducing Costs and Enhancing Efficiency through Alibaba

How can businesses maximize their logistics efficiency and minimize costs while using Alibaba? Here are several strategies to consider:

  • Choosing the Right Shipping Mode: Selecting the most appropriate shipping method based on your cargo’s size, weight, and required delivery timeline can lead to significant cost savings. Alibaba’s platform facilitates comparisons among different shipping options to find the most cost-effective solution.
  • Negotiating Better Rates: Alibaba provides a competitive marketplace where businesses can negotiate directly with suppliers and freight forwarders. This competition enables companies to secure better rates and service terms.
  • Leveraging Logistics Solutions: Alibaba’s advanced logistics solutions, including shipment tracking and management tools, help enhance operational efficiency. These tools provide real-time updates and data that can help optimize shipping routes and schedules.
  • Understanding Alibaba’s Ecosystem: Familiarity with Alibaba’s features such as Trade Assurance protects businesses against missed shipments or non-compliant goods, ensuring secure and efficient transactions.


How to Ship from China to Italy: A Step-by-Step Guide

Preparing Your Shipment: Documentation, Packaging, and Labeling

Are you aware of the essential steps needed to prepare your shipment from China to Italy? Ensuring your shipment is properly documented, packaged, and labeled is critical to smooth international transit. Here’s what you need to do:

  • Proper Documentation: The foundation of international shipping is accurate documentation. Essential documents include commercial invoices, packing lists, and bills of lading. These documents should accurately describe the goods, their value, and other crucial shipping details.
  • Secure Packaging: Proper packaging is vital to protect your goods during the long journey from China to Italy. Utilize sturdy, durable materials and secure packing techniques that comply with international shipping standards to prevent damage.
  • Clear Labeling: Each package should be clearly labeled to meet the regulations of both Chinese and Italian customs. Labels should include precise shipment contents, handling instructions, and destination details to ensure compliance and facilitate smooth customs clearance.

For instance, a company shipping electronic components would use anti-static packaging to protect sensitive items, and clearly label each box with handling warnings and content descriptions, ensuring they adhere to both countries’ regulatory standards.


Navigating Customs and Tracking Your Shipment

How can you effectively manage customs clearance and track your shipment from China to Italy? Understanding and navigating the complexities of customs and tracking procedures is crucial for timely delivery. Here’s how:

  • Customs Clearance: Familiarize yourself with the customs processes in both China and Italy. Ensure that all duties and taxes are correctly assessed based on your shipment’s HS codes. Misclassification can lead to delays and increased costs, so accurate HS coding is essential.
  • Shipment Tracking: Utilize tracking tools provided by your freight forwarder, shipping line, or express courier service. These tools allow you to monitor your shipment’s journey from departure to arrival, providing updates on location and status, which is crucial for anticipating and managing potential delays.

For example, by correctly classifying your goods and actively using tracking services, you can streamline the customs process and maintain control over your shipment, significantly reducing the risk of unexpected holds or fees.


FAQ: Shipping from China to Italy

What are the main shipping options from China to Italy?

There are several shipping options available for transporting goods from China to Italy, including sea freight (LCL and FCL), air freight for urgent or high-value shipments, express shipping for small, time-sensitive packages, and rail freight as an economical alternative for certain goods.

How long does shipping from China to Italy typically take?

Transit times vary based on the mode of transport. Sea freight can take approximately 25-45 days; air freight around 5-8 days; express shipping usually 3-5 days; and rail freight about 18-22 days.

What documents are required for shipping from China to Italy?

Essential documents for shipping include a commercial invoice, a packing list, a bill of lading or air waybill, and a certificate of origin which specifies the country where the goods were manufactured.

What are the common challenges with customs clearance when shipping to Italy?

Common challenges include delays due to incorrect or incomplete documentation, unexpected duties and taxes from improper classification of goods, and compliance issues with restricted or prohibited items.

How can I track my shipment from China to Italy?

You can track your shipment using the tracking tools provided by the shipping company where you enter your tracking number online. If you are using a freight forwarder, they can also provide updates on the status of your shipment.

How do I choose the right freight forwarder for shipping from China to Italy?

When choosing a freight forwarder, look for experience with China-Italy shipments, a comprehensive range of services including customs brokerage, and strong customer service with effective communication and problem-solving skills.

What are the cost considerations for shipping from China to Italy?

Shipping costs vary widely depending on the mode of transport, the size and weight of the shipment, and additional services such as insurance, tracking, and expedited shipping options.


About SINO

SINO Shipping is a trusted international freight forwarder with over 35 years of experience, offering a full range of logistics and transport services. With a strong presence in China and a commitment to efficiency, reliability, and customer satisfaction, SINO Shipping ensures stress-free and cost-effective logistics solutions for businesses worldwide.