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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.

Trade Terms | Obligations of the Buyer and Seller under FAS

2024-11-01

FAS is a delivery clause in trade terms, which is the abbreviation of Free Alongside Ship. In Chinese, it is generally translated as Free Alongside Ship. FAS stipulates the obligations and responsibilities of the seller, which specifically include the following aspects:

Analysis of the Direct Pick - up at Shipside and Direct Loading upon Arrival Modes

2024-11-01

Analyze the export control and economic sanctions measures implemented by the US and its allies against China in 2023, and provide compliance guidance and countermeasures for Chinese enterprises in the face of a complex international business environment.

The Forms, Abnormal Performances, Policy Compliance Risks and Authenticity Audit Strategies of Entrep?t Trade

2024-11-01

This article in - depth explores four main forms of entrep?t trade: offshore entrep?t business, on - shore entrep?t business, warehouse receipt reselling business, and bill of lading reselling business, and points out their respective operational characteristics and potential risks. The article also lists the possible abnormal performances in entrep?t trade, such as rapid business growth, single transaction mode, etc., and indicates the possible risks implied. At the same time, the article emphasizes the policy and compliance risks that enterprises should pay attention to when conducting entrep?t trade, including national laws and regulations risks, policy change risks and compliance risks.

Decrease in Foreign Trade Orders? Teach You How to Identify and Prevent Fraudulent Behaviors!

2024-11-01

How should foreign trade enterprises identify and prevent fraud when orders are decreasing? This article will provide you with detailed risk identification and prevention suggestions to help enterprises stay safe in the complex international trade environment.

March 26, 2025 03:36

2024-11-01

This article explores the mysteries of profit margins in the foreign - trade industry, analyzes the profit distribution in different fields such as labor - intensive industries, processed products, and high - end customized products, reveals special cases and industry challenges in foreign trade, and provides effective strategies for increasing foreign - trade profits. Understanding these will help you stand out in the foreign - trade market competition.

Entrep?t Trade Strategies: Cost - Benefit Analysis of Avoiding Anti - Dumping Duties

2024-11-01

Although entrep?t transportation adds a transshipment link in the logistics process, making the ocean freight costs, transshipment costs and document supporting costs higher than those of direct shipping, the high - amount anti - dumping duties that can be avoided often lead to a decrease in the overall cost, thus achieving an improvement in economic efficiency.

Transshipment Trade Strategy: Cost - Benefit Analysis of Avoiding Anti - Dumping Duties | Shanghai Import/Export Agent

2024-11-01

An export supervision warehouse is established with the approval of the customs. It is mainly used for storing goods that have completed the customs export formalities, carrying out bonded logistics distribution, and providing value - added services for circulation. In other words, an export supervision warehouse is a special warehouse that specifically handles goods that have completed the customs export formalities.

Analysis of Goods Exported for Foreign Contracted Projects: Processes, Procedures and Certificates

2024-10-31

With the advancement of the Belt and Road Initiative, the number of Chinese foreign contracted engineering projects has been continuously increasing. For the export goods in these projects, enterprises need to understand and comply with a series of regulations and procedures. This article will analyze these contents in detail.

Pain Points and Challenges

2024-10-31

Understanding the European footwear standard system is of great significance to enterprises engaged in the design, production and sales of footwear products. In the footwear manufacturing field, there are mainly 2 corresponding European standardization organizations, namely CEN/TC 309 “Footwear” and CEN/TC 161 “Foot and leg protectors”.

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