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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.

What is the U.S. HTS code?

2024-10-31

The US HTS code, fully known as the Harmonized Tariff Schedule of the United States (HTSUS) code, is a classification system used by the United States for imported and exported goods. This system is maintained by the US International Trade Commission and implemented by the US Customs and Border Protection.

Essential Skills for Foreign Traders: How to Stand Out in Global Trade?

2024-10-31

Foreign trade work requires the comprehensive application of various knowledge and skills, including customs declaration, VAT, foreign exchange, logistics, certification, laws and regulations, letters of credit, risk management, and market research.

THC | Shanghai Import/Export Agent

2024-10-30

With the development of carbon markets and climate policies, carbon tariffs, carbon quotas, and carbon credits have become important concepts. Understanding the differences between them and the process of cross-border conversion is crucial for enterprises to ensure compliance in international trade.

Relocation of Processing Trade Enterprises: Key Considerations Explained

2024-10-30

In the globalized business environment, processing trade enterprises may face relocation needs, whether moving entirely or partially out of the original customs jurisdiction. Certain regulations and procedures must be followed. So, what should processing trade enterprises pay attention to during relocation?

Solving Russias Foreign Exchange Settlement Challenges: Expert Strategies Revealed!

2024-10-30

Exploring specific methods to address difficulties in Russian settlement, including utilizing border banks, VTB Shanghai Branch, barter trade, other innovative settlement methods, and strengthening customer communication.

What to Do If Goods Are Detained or Returned by Customs in Import and Export Trade?

2024-10-30

If you are engaged in import and export business, you may face issues such as customs inspection or returns. These problems could lead to your goods being detained or returned, potentially causing significant impacts on your business. To address these issues, you may consider contacting Zhong Shen International Trade, an import and export agency with a professional team and extensive experience in handling customs matters.

How to deal with trade barriers or regulatory restrictions in the export country or region?

2024-10-30

In international trade, trade barriers and regulatory restrictions in exporting countries or regions are inevitable. If you encounter trade barriers or regulatory restrictions when exporting products, you can contact the import and export agency company ZhongShen International Trade. We will provide you with professional solutions.