Trade Essentials
Introduce various basic foreign trade knowledge to you.
Introduce various basic foreign trade knowledge to you.
This article provides a comprehensive analysis of the shipping process for beginners in foreign trade, addressing the validity of bill of lading copies, the operation of telex release bills of lading, and the division of responsibilities under FOB terms, helping novices clarify procedures and successfully complete export transactions.
This article takes the HS code of white chocolate as an example to detail the steps for querying the unified HS codes of ASEAN countries through the Vietnam Customs official website. It also outlines the background and trade advantages of the China-ASEAN Free Trade Area, helping foreign trade beginners quickly master HS code queries and seize opportunities in the ASEAN market.
This article discusses export cost accounting, exploring whether it is reliable to quote prices based on actual costs (purchase cost minus tax refunds), especially in highly competitive industries like packaging bags, and shares practical advice and real-world experience.
Export cost accounting is a systematic analysis of all costs of foreign trade enterprises to determine appropriate quotations and assess risks. This process involves the calculation of direct and indirect costs, logistics, taxes, customs fees, and other related expenses, which helps enterprises formulate export strategies and achieve profitability.
The following are eight common foreign trade payment methods: T/T Telegraphic Transfer, L/C Letter of Credit, D/P Documents against Payment, D/A Documents against Acceptance, O/A Open Account Payment, Escrow Service Confirmed Payment, Paypal Online Payment, Western Union Express Remittance.
Exporting to Russia is a challenging task because the political and economic environment of the country often changes, making the export process full of risks and uncertainties. In addition, due to the strict customs procedures in Russia, specific regulations and procedures need to be followed; otherwise, the goods may be refused entry into the country.
[Export Tax Rebate] What are the tariff policies of the country of destination for imported goods?
Golden Tax Phase IV is a reform project of the State Taxation Administration of China, mainly aiming at the optimization and modernization of the tax collection and management process. The benefits of Golden Tax Phase IV for foreign - trade enterprises are as follows in 5 aspects:
In the first four months of 2024, the overall exports of Chinese clothing and home textile products were stable. The export volume of knitted and woven clothing increased while the price decreased. Exports to Europe and the United States stabilized, and emerging markets grew rapidly. The industry faces the pressure of shipping costs and tariffs.
Restrictions on exports to Russia may vary depending on national policies and laws. Generally, restrictions on exports to Russia include the following:
Import inspection is a prerequisite for cargo customs clearance. Currently, import inspection consists of three main parts: 1. Declaration; 2. Sampling; 3. Inspection.
FCA stands for Free Carrier. Translated into Chinese, this term means delivered to carrier. Typically, the exporter delivers the goods to a specified location, where a designated carrier, appointed by the importer, will collect them.
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