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Trade Essentials

Introduce various basic foreign trade knowledge to you.

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A Must-Read for Foreign Trade Beginners: A Complete Guide to the Shipping Process and Detailed Explanation of Bill of Lading Copies and Telex Releases

2025-05-26

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.

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Beginner's Guide to ASEAN-10: How to Easily Check HS Codes?

2025-05-22

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.

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Export Cost Calculation: Did Your Quote End Up Undercutting Yourself?

2025-05-22

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.

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Components of Export Cost Accounting

2024-08-27

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.

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Eight Common Foreign Trade Payment Collection Methods

2024-08-14

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.

The Fast - track for Exporting to Russia, Accelerating the Customs Clearance Process

2024-11-08

This article explores the risk index of Malaysia as an export destination for Chinese small, medium and micro - sized enterprises. Through the SMERI report, it analyzes Malaysias credit risk, macro - economic indicators and trade environment, and concludes that the Malaysian market presents a low risk to Chinese small, medium and micro - sized enterprises and has good development potential.

Risks of Exporting with Purchased Bills and Legal Alternative Solutions

2024-11-07

Exploring the risks of export by purchasing documents and legal export models. This article provides an in-depth analysis of the motivations and potential risks of export by purchasing documents, and offers agency export and 1039 market procurement as legal and efficient alternatives.

How to successfully complete the DIPOA certification for exporting to Brazil? Key processes and techniques!

2024-11-07

This article details the steps to complete the Brazilian DIPOA (Animal - Derived Product Certification), including production preparation, online declaration, official review, and certification maintenance, helping to facilitate exports to Brazil.

Detailed Explanation of the Annual Report Declaration Process for Imported Goods Duty - Free in 2024

2024-11-07

This article comprehensively introduces the declaration process for the 2024 imported goods duty reduction/exemption annual report, including requirements, targets, deadlines, and paper/paperless declaration methods, aiming to help enterprises complete the annual report successfully.

The trade situation between China and the US is changing again. How should foreign trade enterprises exporting to the US respond?

2024-11-07

The possibility of Trumps return to the political stage once caused anxiety among many enterprises engaged in China-U.S. trade. Particularly when hearing alarming statements such as 60% tariffs and China-U.S. trade to zero within two years, it was hard not to feel a sense of unease. Next, lets explore together what the impact on foreign trade enterprises would be if these scenarios were to occur and what strategies could be employed to address these challenges.

A Comprehensive Analysis of Labeling and Marking Requirements for Imported Products in Saudi Arabia

2024-11-07

This article details Saudi Arabias import product labeling and marking requirements, covering SASO regulations, Halal certification, measurement units, and specific product labeling rules to help exporters successfully enter the Saudi market.

Rules for Determining Customs Import and Export Goods Tax Rates and Exchange Rates

2024-11-07

A detailed analysis of the rules for determining tax rates and exchange rates in the Measures for the Administration of Tax Collection on Import and Export Goods of the Customs of the Peoples Republic of China and their impact on import and export enterprises, providing practical enterprise response strategies.

Risks and Response Strategies of Payment upon Sight of Bill of Lading Copy

2024-11-07

Conducted a detailed analysis of the risks associated with payment against copy of bill of lading in foreign trade, illustrating through practical cases the issues enterprises should pay attention to in operations and risk control strategies, aiming to help export companies better understand and address payment risks in foreign trade.

The structure and calculation method of Brazilian import tariffs

2024-11-07

Analyze the structure and calculation method of Brazilian import tariffs, discuss their impact on cross - border e - commerce, and provide countermeasures, aiming to help enterprises better understand and adapt to Brazils tax system and successfully expand the Brazilian market.

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