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Trade Essentials

Introduce various basic foreign trade knowledge to you.

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Must-read for foreign trade beginners: Complete analysis of shipping process and detailed explanation of bill of lading copies and telex release

2025-05-26

This article provides a complete analysis of the shipping process for foreign trade beginners, explaining the validity of bill of lading copies, telex release operations, and division of responsibilities under FOB terms, helping novices clarify processes and successfully complete export business.

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

2025-05-22

Using white chocolate HS codes as an example, this article details steps to query unified ASEAN HS codes via Vietnam Customs’ official website. It outlines the China-ASEAN Free Trade Agreement’s context and trade advantages, helping export newcomers quickly master HS code queries and seize ASEAN market opportunities.

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Export Cost Calculation: Is Your Quotation Undercutting You?

2025-05-22

This article discusses export cost calculation, exploring whether pricing based on actual costs (purchase cost minus tax rebates) is reliable, especially in highly competitive industries like packaging bags, while sharing 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.

November 14, 2024, 21:20

2024-08-28

Deeply analyze the common reasons for customs inspections, provide strategies for optimizing declaration information and communicating with customs brokers, effectively reduce the number of inspections, and improve customs clearance efficiency.

What key requirements should be noted for exporting to Morocco?

2024-08-27

When exporting to Morocco, are you aware of its unique payment policies and strict certification requirements? This article details Moroccos L/C payment rules, COC certification, and other key considerations to ensure smooth foreign trade transactions.

Customs Inspection Clearance Strategies and Techniques

2024-08-25

Master primary customs inspection methods, triggering factors, and response strategies to ensure compliant operations, reduce inspection risks, and guarantee smooth exports

How Can Factories Retain Ownership of Goods in Foreign Trade? Do You Know These Strategies?

2024-08-22

In foreign trade exports, how can factories ensure they retain ownership of goods when cooperating with trading companies? How should contract terms be designed? How should bills of lading and documents be controlled? This article explores these key issues and corresponding strategies.

Comprehensive Guide to Import Duty and VAT Calculation: Essential Operational Guide for Businesses!

2024-08-22

Understanding the calculation methods of import tariffs and VAT is crucial for reducing corporate costs. This article uses the Australian lobster import case to detail tax calculations, customs exchange rate applications, and common issues in operational processes.

CBAM and Chinese Export Enterprises: Challenges and Opportunities in Responding to Carbon Tariffs

2024-08-16

CBAM is referred to as a carbon tariff in the market, although strictly speaking, CBAM is not a tariff. However, this concept can be borrowed to understand and discuss CBAM. How should Chinese export enterprises view CBAM and adjust their low-carbon actions to address this challenge?

Deciphering the multi - party trade structure: Ensuring compliance and risk management!

2024-08-14

Conduct in-depth analysis of export processes in multi-party trade, manage inconsistencies between payment flows and goods flows, ensure compliance of customs clearance documents, and prevent legal and tax risks.

Poland PZC Document Analysis: Customs Compliance and VAT Refund Guide!

2024-08-11

Gain an in-depth understanding of the procedures, tax treatment, and precautions for Polands PZC documents to ensure customs compliance and optimize corporate financial and tax management.

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