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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.

THC | Shanghai Import/Export Agent

2024-10-30

With the development of carbon markets and climate policies, carbon tariffs, carbon quotas, and carbon credits have become important concepts. Understanding the differences between them and the process of cross-border conversion is crucial for enterprises to ensure compliance in international trade.

Relocation of Processing Trade Enterprises: Key Considerations Explained

2024-10-30

In the globalized business environment, processing trade enterprises may face relocation needs, whether moving entirely or partially out of the original customs jurisdiction. Certain regulations and procedures must be followed. So, what should processing trade enterprises pay attention to during relocation?

Solving Russias Foreign Exchange Settlement Challenges: Expert Strategies Revealed!

2024-10-30

Exploring specific methods to address difficulties in Russian settlement, including utilizing border banks, VTB Shanghai Branch, barter trade, other innovative settlement methods, and strengthening customer communication.

What to Do If Goods Are Detained or Returned by Customs in Import and Export Trade?

2024-10-30

If you are engaged in import and export business, you may face issues such as customs inspection or returns. These problems could lead to your goods being detained or returned, potentially causing significant impacts on your business. To address these issues, you may consider contacting Zhong Shen International Trade, an import and export agency with a professional team and extensive experience in handling customs matters.

How to deal with trade barriers or regulatory restrictions in the export country or region?

2024-10-30

In international trade, trade barriers and regulatory restrictions in exporting countries or regions are inevitable. If you encounter trade barriers or regulatory restrictions when exporting products, you can contact the import and export agency company ZhongShen International Trade. We will provide you with professional solutions.

Carbon Tariff, Carbon Quota and Carbon Credit: Differences and Domestic and Foreign Conversion

2024-10-29

Russia is one of the largest countries in the world and also one of the important import markets. If you want to export goods to Russia, you need to understand Russias import regulations.

What are the matters that need attention when exporting to Russia?

2024-10-29

Exporting to Russia is one of the important ways for many enterprises to expand the international market. However, due to Russias regulations and cultural differences, there are many things to note when exporting to Russia. The following are the services provided by Zhongshen for exporting to Russia.

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