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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.

Avoiding Trade Disputes: How to Accurately Declare the Transaction Method?

2024-08-11

Master the classification of transaction methods, understand their importance in the customs declaration form, learn how to declare accurately, and avoid risks brought by incorrect declarations.

Tripartite Agreement in International Trade: Operation Process, Risks and Response Strategies

2024-08-11

Master the basic structure, operation process, risk management and document compliance of the tripartite agreement in international trade to ensure smooth transactions and reduce risks.

Hainans Customs Closure: New Opportunities and Challenges for Enterprise Layout

2024-08-06

Exploring the opportunities and challenges behind Hainans customs closure, providing in-depth analysis and recommendations for businesses.

What conditions do export tax rebate enterprises need to meet?

2024-07-27

Export tax refund refers to the refund of value-added tax and consumption tax paid during domestic production and circulation of goods declared for export in China according to tax laws. Export tax refund enterprises are generally divided into non-productive pure foreign trade enterprises and production-processing foreign trade enterprises. Of course, enterprises belonging to these two categories cannot obtain export tax refunds without meeting any specific conditions.

How to handle buyers sample requests in foreign trade import and export transactions?

2024-07-27

How to Handle Buyer Sample Requests in Foreign Trade? Here Are 7 Key Points to Note.

Service process for foreign trade agency companies handling foreign exchange collection

2024-07-27

Due to foreign exchange controls, many foreign trade enterprises face difficulties in collecting export payments. Foreign exchange collection services can effectively solve this problem, but some people are still not very familiar with foreign exchange collection services. Today, we will introduce the service process of foreign exchange collection.

How much do you know about the small details in export trade?

2024-07-27

Export trade processes are highly complex and variable. To mitigate unexpected events, its essential to understand basic foreign trade knowledge. Below are two key points.

How to Export When the Bank Account is Frozen?

2024-07-27

Previously, many reported that their foreign - trade bank accounts were frozen, facing many difficulties in carrying out export business. Why were the accounts frozen? How to export after the bank account is frozen? Lets take a look:

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