Who ultimately bears BAF costs under CIF terms? Essential guide for international trade
May 8, 2025
In international trade, especially for sea freight exports to distant destinations like South America, BAF (Bunker Adjustment Factor) fees often become a headache. Particularly under CIF (Cost, Insurance and Freight) terms, whether this cost should be borne by the seller or the buyer always...
Seal Foreign Trade Import and Export: A Comprehensive Analysis from Process to Opportunities
Documentary collection is a payment method in international trade that safeguards exporters interests through bank intermediation. The process includes document submission, bank review and payment, which can reduce risks, accelerate fund turnover, and enhance transaction credibility. Exporters need to ensure document accuracy and select cooperative banks to maximize its advantages.
Introduction On the grand stage of global trade, seals, as indispensable components of various industrial equipment, have broad market prospects in import and export trade. For enterprises engaged in seal import and export, understanding the import and export process, grasping market characteristics, and responding to changes in international trade situations are crucial. With expertise in import and export agency services...
Guide to avoiding pitfalls in foreign trade return and repair: Making cross-border after-sales service hassle-free
Pneumatic components import and export: Processes, opportunities, and professional strategies
Refrigeration Equipment Import & Export: Embarking on a New Global Trade Journey
Can You Do Foreign Trade Without Cash? Unveiling the Unique Appeal of Compensation Trade
As a 20-year foreign trade veteran, Im often asked an interesting question: Why do seemingly similar paper products have completely different customs classifications? Today, lets uncover the identity code of household paper products like detectives solving a case.
What is compensation trade? Compensation trade, as a form of non-monetary transaction, allows buyers to pay for imported goods or services by providing goods or services instead of cash. This trade method is particularly suitable for countries or enterprises with limited foreign exchange reserves but in need of imported technology. Operation mode of compensation trade Compensation trade typically involves the following steps: Agreement...
Must-read for foreign trade beginners: Understand the complete import-export rights application process in 3 minutes
May 17, 2025
What is import and export rights? Import and export rights, also known as import and export operation rights, refer to the legal rights of enterprises to import goods from abroad or export goods to foreign countries. Enterprises with import and export rights can trade directly with foreign clients without third-party agents, thereby reducing transaction costs and improving business efficiency. Why obtain import and export rights? For those looking to expand...
Must-Read for Foreign Trade Beginners: How to Quickly Obtain Import and Export Qualifications?
May 24, 2025
Import and export qualifications: The first step in foreign trade business On the stage of international trade, import and export qualifications are like your admission ticket. Without it, even the best products cannot cross borders. So what are import and export qualifications? Why are they so important? Why are import and export qualifications needed? Import and export qualifications are the basic conditions for enterprises to operate legally in international trade. They not only...
Local customs conduct comprehensive physical examinations on products and their packaging/marking
May 25, 2025
Introduction In the ocean of international trade, every newcomer may encounter unknown reefs. Today, with my 20 years of experience in foreign trade, I will guide you through how to avoid these common pitfalls and make your import-export journey smoother. Understanding the Basic Process First, understanding the basic import-export process is the first step to avoiding mistakes. From market research to finding suppliers...
Import customs declaration is an indispensable part of foreign trade operations, involving legal entry of goods and tax matters. First, we need to understand the basic declaration process:
May 16, 2025
In todays globalized economic landscape, fiber optic transceivers, as indispensable equipment in modern communication networks, are experiencing vigorous development in the international trade market. For many enterprises and individuals engaged in the import and export of fiber optic transceivers, how to seize opportunities in the complex and ever-changing international trade environment...
19. GACC Announcement No. 127s Leniency for Confession policy
May 16, 2025
The secrets of foreign trade processing: How to make your products stand out in the international market? In the globalized trade environment, foreign trade processing has become an important strategy for many enterprises to enhance product competitiveness and expand market share. But what is foreign trade processing? How can it help your products stand out in the international market? This article will take you through the various aspects of foreign trade processing in depth...
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