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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.

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.

Alert! Risks and Countermeasures of 100% Payment Against Copy of Bill of Lading

2024-08-11

In-depth analysis of risks in 100% payment against copy of bill of lading, providing operational strategies such as credit evaluation, down payment, credit insurance, letter of credit usage, and legal consultation.

A Comprehensive Analysis of Japanese Import Tariffs and Consumption Taxes: A Must - Read for Enterprises Exports!

2024-08-11

Gain in-depth understanding of Japans import tariff policies, grasp tax reduction and exemption opportunities, learn about tariff refund systems, and understand the imposition and exemption of domestic consumption tax.

Must - read for FOB Transactions: Strategies and Risk Management for Efficient Collection of Final Payments!

2024-08-11

Under FOB terms, master the skills of collecting final payments. Through strategies such as clarifying the contract, communicating in advance, and telex release of the bill of lading, ensure the safety of funds and maintain the enterprises cash flow.

Avoiding Trade Disputes: How to Accurately Declare the Transaction Method?

2024-08-11

Master the classification of transaction methods, understand their importance in the customs declaration form, learn how to declare accurately, and avoid risks brought by incorrect declarations.

Tripartite Agreement in International Trade: Operation Process, Risks and Response Strategies

2024-08-11

Master the basic structure, operation process, risk management and document compliance of the tripartite agreement in international trade to ensure smooth transactions and reduce risks.

Hainans Customs Closure: New Opportunities and Challenges for Enterprise Layout

2024-08-06

Exploring the opportunities and challenges behind Hainans customs closure, providing in-depth analysis and recommendations for businesses.

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