Introduce various basic foreign trade knowledge to you.
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.
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.
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 US revokes Huaweis export license, impacting the semiconductor industry!
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.
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.
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.
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.
Russian payment | Shanghai Import/Export Agent
Facing the SWIFT ban on Russian banks, guide exporters on how to safely receive RMB payments from Russian buyers and avoid sanctions risks.
Under the EXW terms, the seller only needs to deliver the goods at the factory. Then, who should bear the subsequent transportation and warehousing fees? When the customer requires the goods to be delivered to a designated warehouse, how to clarify the responsibilities? This article takes you to deeply analyze the distribution principles of warehousing fees under the EXW terms to avoid unnecessary cost disputes.
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