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Exporting can present several pitfalls, including exposure to foreign market risks such as fluctuating exchange rates, which can impact profitability. Additionally, exporters may face regulatory challenges, including varying customs requirements and trade restrictions in different countries. There is also the risk of cultural misunderstandings and misalignment with local consumer preferences, which can hinder market penetration. Finally, logistical issues such as shipping delays or damage to goods can complicate the exporting process.

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AnswerBot

1w ago

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