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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.

New Strategies for Russian Orders: A Complete Guide to Cross - border Payment Collection!

2024-10-10

Facing the SWIFT ban on Russian banks, guide exporters on how to safely receive RMB payments from Russian buyers and avoid sanctions risks.

Does the seller need to bear the warehousing fee under the EXW terms? The liability division you may have overlooked!

2024-09-30

Under the EXW terms, the seller only needs to deliver the goods at the factory. Then, who should bear the subsequent transportation and warehousing fees? When the customer requires the goods to be delivered to a designated warehouse, how to clarify the responsibilities? This article takes you to deeply analyze the distribution principles of warehousing fees under the EXW terms to avoid unnecessary cost disputes.

How to Avoid Customs Tax Late Fees? Do You Know These Exemption Conditions?

2024-09-30

How to Calculate Customs Tax Late Fees? In What Situations Can Reduction or Exemption Be Applied For? What is the Calculation Formula for Late Fees? Can Understanding These Questions Help Enterprises Reduce Economic Losses?

Is the export tariff to Thailand high? A comprehensive analysis of tax rates, policies and strategies

2024-09-26

Does exporting to Thailand face high tariffs? How are tariffs calculated for different products? Understanding Thailands six - level tariff system, tariff preferences, value - added tax, consumption tax and other policies will help you avoid trade barriers and achieve profit growth!

Guide to Exporting to Egypt: How to Successfully Meet Challenges and Seize Market Opportunities?

2024-09-25

This article analyzes the industry attributes of export agency from the perspective of international trade service classification, clarifies its internal relationship with comprehensive foreign trade services and supply chain management, and provides the latest industry selection suggestions for 2025.

Diversified channels for Russian customers to make and receive payments!

2024-09-25

Customs declaration is one of the necessary components of the entry - exit procedures. The following are the basic data requirements for customs declaration in general trade import and export business.

Detailed Explanation of the Policy of Exempting Value - added Tax on Processing with Supplied Materials: How Can Enterprises Benefit?

2024-09-24

How does the policy of exemption from VAT for processing with supplied materials affect enterprises? Are the imported raw materials, processing fees, and exported finished products all tax - free? What matters should enterprises pay attention to when making declarations? How to handle the tax for the domestic - sales part?

How to Legally and Compliantly Receive Russian Foreign Trade Orders? Analysis of Funds, Compliance, and Market Strategies

2024-09-24

Although there are still a large number of market opportunities for Russian orders, enterprises need to pay attention to capital safety, compliant operations, and logistics risks when accepting orders. This article analyzes how to legally accept Russian orders under the current international situation to ensure capital safety and smooth business operations.

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