Top cola (Soft Drinks) manufacturing companies globally

The top cola manufacturing companies globally are well-known household names. Here are some of the leading cola manufacturers:

1. The Coca-Cola Company:

   • Coca-Cola is one of the most recognizable brands worldwide, producing the iconic Coca-Cola beverage along with a wide range of other soft drinks, including Diet Coke, Fanta, Sprite, and many more. Headquartered in Atlanta, Georgia, USA, Coca-Cola operates in over 200 countries.

2. PepsiCo, Inc.:

   • PepsiCo is another major player in the cola industry, producing Pepsi-Cola as well as a diverse portfolio of beverages, snacks, and food products. Headquartered in Purchase, New York, USA, PepsiCo's beverage brands include Pepsi, Mountain Dew, Gatorade, and Tropicana, among others.

3. Dr Pepper Snapple Group (now Keurig Dr Pepper):

   • Dr Pepper Snapple Group, which merged with Keurig Green Mountain in 2018 to form Keurig Dr Pepper, is known for its flagship brand Dr Pepper, a popular cola beverage with a unique flavor profile. The company also produces other soft drinks such as 7UP, Canada Dry, and Schweppes.

4. RC Cola (Royal Crown Cola):

   • RC Cola, owned by the Dr Pepper Snapple Group, is a lesser-known cola brand but still holds a significant market share, particularly in certain regions. It offers a variety of cola flavors along with other soft drink options.

5. Big Cola (AJE Group):

   • Big Cola, owned by the AJE Group, is a major player in the cola market, particularly in Latin America and Asia. It offers a range of cola beverages along with other carbonated and non-carbonated drinks.

These are some of the top cola manufacturing companies globally, each with its own unique brand identity and product offerings. They compete fiercely in the global beverage market, continuously innovating and adapting to changing consumer preferences and market trends.

The Basics of export and import procedures

The export and import procedures involve several steps and documentation processes to ensure smooth transactions between parties. Below is a general overview of the procedures involved, starting from documentation to shipment terms:

1. Documentation:

   • Exporter prepares commercial invoice, packing list, certificate of origin, bill of lading, and any other required documents.
   • Importer may request additional documentation based on the nature of the goods or regulatory requirements.

2. Letter of Credit (LC):

   • Importer opens a letter of credit with their bank, specifying terms and conditions agreed upon with the exporter.
   • Exporter verifies the LC terms and ships the goods according to the specified requirements.

3. Carriage:

   • Exporter arranges transportation of goods to the port of departure or airport.
   • Freight forwarder may be involved in coordinating transportation, including booking cargo space, arranging trucking, and handling logistics.

4. Forwarders:

   • Freight forwarder assists in arranging transportation, customs clearance, and other logistics associated with the shipment.
   • Forwarder may handle documentation, insurance, and communication between parties involved in the transaction.

5. Customs Clearance:

   • Exporter submits export declaration and relevant documents to customs authorities for approval.
   • Importer submits import declaration and pays customs duties, taxes, and other fees to clear the goods through customs.

6. Shipment Terms:

   • Exporter and importer agree on shipment terms, including the Incoterms (International Commercial Terms) that define responsibilities and costs associated with transportation and delivery of goods.
   • Common Incoterms include EXW (Ex Works), FOB (Free on Board), CIF (Cost, Insurance, and Freight), and DAP (Delivered at Place).

7. Transportation:

   • Goods are transported to the destination port or airport according to the agreed-upon shipment terms.
   • Shipping documents, including bill of lading, are provided to the importer to claim the goods upon arrival.

8. Insurance:

   • Exporter or importer may purchase marine cargo insurance to protect against loss or damage during transit.
   • Insurance coverage depends on the agreed-upon Incoterm and terms of the insurance policy.

9. Delivery and Payment:

   • Goods are delivered to the importer's premises or designated location as per the shipment terms.
   • Importer makes payment to the exporter according to the agreed-upon terms, typically based on the payment conditions specified in the LC or sales contract.

10. Post-Shipment Documentation:

    • Exporter submits post-shipment documents, such as the bill of exchange, to their bank to receive payment under the LC.
    • Importer receives and reviews the shipment documents, including the bill of lading and certificate of origin, to ensure compliance with the LC terms and release of payment.

It's essential for exporters and importers to familiarize themselves with the specific requirements, regulations, and procedures applicable to their trade transactions in each country involved. Additionally, seeking assistance from experienced professionals, such as freight forwarders, customs brokers, and trade consultants, can help navigate the complexities of international trade effectively.