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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.

Effective Solutions to Four Major Payment Collection Problems in Russia - bound Trade in 2024

2024-10-22

Difficulties in Receiving Payments for Trade with Russia? This article details the payment solutions for local Russian bank accounts, digital currencies, regional payment systems, and third - party platforms, helping you easily receive funds!

The Buyer Requests to Add War Risk under CIF Terms? Here Comes the Sellers Response Guide!

2024-10-16

This article provides a detailed answer on how the seller should respond when the buyer requests to add war risk insurance on a temporary basis under the CIF transaction method. It includes the insurance scope under the CIF term, the handling method of negotiating the additional premium with the buyer, and how to avoid disputes through clear written confirmation, providing clear operational suggestions for foreign trade practitioners.

The complex battlefield of Chinas photovoltaic exports: Coping with global trade barriers and new localization challenges

2024-10-15

The US revokes Huaweis export license, impacting the semiconductor industry!

Comprehensive Guide to Transit Goods: Conditions, Regulations, and Precautions

2024-10-12

Want to learn about the detailed conditions and considerations for transit goods? This article provides a one-stop guide covering the permissible conditions for transit goods, prohibited transit goods, safety requirements, transshipment details, and consequences of violations, helping you easily navigate the complex processes in international logistics.

What should you do if the customer delays the final payment? Teach you how to legally terminate the contract and retain the deposit

2024-10-12

If a foreign client delays the final payment, can the contract be terminated directly without refunding the deposit? This article provides practical advice for different contract scenarios, helping you protect your companys interests while legally addressing payment delays.

Essential Experience and Advice for Exporting to Canada: Coping with Tariffs, Inspections and Anti - dumping Duties

2024-10-11

How to operate when exporting to Canada? From the 2024 CARM system change to the truth of tax - inclusive and door - to - door delivery, and then to the anti - dumping duty response strategy for steel coil products, this article analyzes every key link of exporting to Canada in detail, helping enterprises to pass customs smoothly and operate compliantly.

Changing from FOB to CIF? In - depth Interpretation of the Flexibility of Foreign Trade Freight Settlement

2024-10-11

Can FOB terms in a foreign trade contract be changed to FIC later? This article provides in-depth interpretation of the flexibility in foreign trade freight settlement, helping you understand why post-contract changes are feasible and how to easily handle various changes and challenges in foreign trade.

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.

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