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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.

Claim Issues of Export Credit Insurance

2024-10-27

Due to the complexity of cross - border transactions, claims under export credit insurance are extremely complex. More specifically, claims under export credit insurance activities include four main parts.

How many types of T/T (Telegraphic Transfer) are there?

2024-10-27

Telegraphic Transfer (T/T) is now a relatively common foreign trade payment collection method. Payment is made through bank transfer. The remitting bank, in accordance with the requirements of the remitter and the instructions of the foreign remitting bank, settles a certain amount of money to the payee.

What are the types of import and export trade methods?

2024-10-27

The definition of international trade is simple: trade occurring between nations involving goods, services, or technologies. It can be broadly categorized as follows:

[Export Tax Rebate] What are the tariff policies of the country of destination for imported goods?

2024-10-27

Currently, as transit tariffs are no longer used worldwide and export taxes are rarely applied, import tariffs have come into the spotlight. Essentially, this is a case of old wine in a new bottle, where import tariffs replace the previous transit tariffs. Imposing import tariffs often increases the cost of imported goods, raises their market prices, and consequently affects the volume of foreign goods imported.

As the exporter, we not only need to understand the export tax rebate policy, but also need to know the tariff policy of the country of destination for the imported goods. Then the relevant content will be introduced in detail below.

2024-10-27

According to the Regulations of the Peoples Republic of China on Import and Export Duties and related regulations, as of January 1, 2023, the import and export tariffs of some commodities have been adjusted.

How long does it take to handle foreign trade export tax rebates?

2024-10-27

Export enterprises should pay special attention to declaration procedures when handling export tax rebates and maintain strict time management to avoid losses.

Do you know the four major methods of foreign trade quotations?

2024-10-26

Foreign trade enterprises should determine the corresponding price according to the enterprise and market conditions, and then adopt an appropriate pricing method to conclude a transaction. The following are the four major foreign trade quotation methods summarized by Zhongshen International Trades foreign trade import business.

Brief Process of Re - export after Return of Exported Goods | Shanghai Import/Export Agent

2024-10-26

For small and medium - sized motor product manufacturers, exporting to Europe is not only a challenge but also an opportunity. This article details the background, purpose, and specific implementation methods of the European unified certification work, deeply analyzes EU technical regulations, and elaborates on the conformity assessment procedures and processes of CE certification.

Brief process of re - exporting goods after return

2024-10-26

The customer provides us with packaging details, and we can provide the bill of lading consignee. Overseas goods can be shipped directly to Hong Kong by sea or air. We will send a truck to pick up the goods and put them into our bonded warehouse.

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