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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.

Does export require applying for an export license?

2025-01-25

In international trade, the export license is an important system used by many countries to control the export of specific goods. For Chinese enterprises, whether to apply for an export license needs to be comprehensively judged according to the specific category, form, and destination of the exported goods. The following is a detailed interpretation of the Chinese export license system to help foreign trade practitioners quickly master the key points.

Analysis of Requirements for EU Goods Export and EORI Number Registration

2025-01-23

In the globalized trade environment, the EORI (Economic Operators Registration and Identification) number, as the registration and identification number for EU economic operators, has become an important tool for enterprises to conduct trade with the EU. The following will provide a detailed analysis of the uses, scope of application and registration requirements of the EORI number, providing operational guidance for enterprises planning to export to the EU.

Choose agency services or self - collection? Comparative analysis of Russian foreign trade collection

2025-01-21

January 21, 2025 10:19

Details determine success or failure. How to carefully calculate the insurance costs in CIF trade?

2025-01-20

CIF Trade Insurance Premium Calculation and Coverage Guide: Analyzing the insurance amount formula, pros and cons of freight forwarder-purchased insurance, and key considerations to help foreign trade enterprises efficiently secure coverage, reduce risks, and ensure worry-free cargo safety during international transportation.

How to Solve the “Problem” of Russian Customers Arrears of Payment for Goods?

2025-01-15

Analyze credit status and legal environment, provide compliant debt recovery steps and risk avoidance suggestions, assist foreign trade enterprises in efficiently recovering debts, and steadily explore the Russian market.

Is it feasible for overseas customers to transfer money to a domestic public account through the WISE company account?

2025-01-15

Introduced common payment methods when trading with Chilean customers and provided practical strategies for preventing payment defaults.

The Game between “Shipper and Tariff”: How to Operate FORM E Correctly?

2025-01-09

A detailed interpretation of the impact of inconsistencies between the shipper and actual shipper on FORM E certificates of origin, exploring customs clearance and tariff preference risks, and providing compliance recommendations to facilitate smooth customs procedures!

Export then Import Tax Calculation and Compliance Operations

2024-12-31

In foreign trade, cases of export and re-import often cause confusion. Especially when products stay overseas for an extended period and no longer qualify for duty-free return, how to legally and compliantly calculate tariffs and VAT while balancing cost control becomes a challenge for enterprises. Below, we use a practical case to outline the key points of related operations.

A sudden crisis in foreign trade orders. How to deal with it?

2024-12-28

This article provides a detailed analysis of strategies for addressing issues such as client disconnection and cargo detention in the foreign trade industry. It offers specific recommendations on assessing the current situation, negotiating with factories and Sinosure, locating clients, and optimizing future order operations to help minimize losses and navigate future foreign trade activities more robustly.