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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.

EU Carbon Border Tax Transition Period Approaches: Export Enterprises Response Strategies and Calculation Logic Analysis

2024-11-03

With the approach of the carbon tariff transition period, Chinese export enterprises are facing a series of challenges and response needs. This article will provide a detailed interpretation of the implementation rules and calculation logic of the EU carbon tariff transition period to help export enterprises better prepare and respond.

Trade terms | CPT: A comprehensive understanding of its advantages and application suggestions

2024-11-03

Have you ever been confused in international trade and didnt know how to choose the most suitable trade terms? Dont worry, the editor is here to clear the fog for you! Today, we are going to talk about the CPT terms, a rather important but often misunderstood concept in international trade. From cost sharing to transportation responsibilities, from delivery convenience to transportation risks, this article will comprehensively and meticulously analyze the CPT terms, enabling you to be invincible in the trade battlefield!

How Should Export Enterprises Avoid the Risk of Door - to - Door Delivery with Customs Clearance?

2024-11-03

Gain an in - depth understanding of the risks behind the double - clearance door - to - door mode, and provide practical suggestions for export enterprises when choosing freight forwarding services to ensure the safe and smooth arrival of goods at the destination.

Booking Note and Shipping Order: Definition, Function and Its Importance

2024-11-03

The export shipping order, also known as the export power of attorney or the export goods customs declaration power of attorney, refers to a written entrustment provided by an export enterprise or individual to a customs declaration agency enterprise to entrust it to handle the customs declaration procedures for export goods. In this shipping order, the export enterprise or individual should clearly list the entrusted content, rights and obligations, as well as the guidance and requirements for the customs declaration agency enterprise.

Analysis of the Definition, Characteristics and Precautions of Foreign Trade and Domestic Sales Contracts

2024-11-03

Deeply understand the core content of domestic sales contracts in foreign trade, their unique characteristics in international trade, and the key precautions in the process of formulation and implementation to ensure the full protection of the rights and interests of both parties.

HS Code: A key commodity classification tool in international trade

2024-11-03

The HS code is the International Convention on the Harmonized Commodity Description and Coding System formulated by the World Customs Organization, which is used to describe and classify goods. This coding system is widely used globally in tariff classification, trade statistics, and other trade - related procedures.

The key role and operation process of fumigation in foreign trade

2024-11-03

Fumigation is an important link in foreign trade for disinfecting and eliminating pests in agricultural products, wood, and packaging materials. This process aims to eliminate harmful organisms, ensure the safe entry and exit of goods, and meet the quarantine requirements of the importing country. The article details the purpose of fumigation, commonly used fumigants, operation processes, and relevant precautions.

How Can Export Enterprises Avoid Impersonation Fraud Risks

2024-11-03

As the foreign trade environment grows increasingly complex, export enterprises may face third-party impersonation fraud risks when seeking new orders. This article analyzes an actual fraud case to demonstrate common characteristics of such fraud and provides corresponding risk prevention strategies for exporters.

Foreign trade import and export | Shanghai Import/Export Agent

2024-11-03

Deeply explore the concept of cut - off in foreign trade, analyze its core position in the cargo export process, and how to ensure the smooth completion of customs declaration and release work before the cut - off time, so as to avoid additional costs and maintain business reputation.

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