Want to know how to smoothly carry out electromechanical international trade? Let us be your electromechanical import and export agent!

According to the data of the General Administration of Customs of China, in 2019, the total volume of Chinas mechanical and electrical products reached 1.94 trillion US dollars, accounting for 58.4% of the countrys total import and export volume. Among them, the export volume was 1.14 trillion US dollars, and the import volume was 0.8 trillion US dollars. Mechanical and electrical products are an important part of Chinas foreign trade and also an important pillar of Chinas manufacturing industry.

Mechanical and electrical import and export agency companies, as important intermediary institutions for the import and export of mechanical and electrical products, play an important role in promoting the trade of mechanical and electrical products. At present, there are a large number of mechanical and electrical import and export agency companies in China, and their service levels vary. Some large mechanical and electrical import and export agency companies have rich experience and professional teams, and can provide customers with comprehensive services; while some small mechanical and electrical import and export agency companies may have problems such as low service quality and weak professionalism.Export RepresentationThe company came into being to provide professional services to enterprises and help them smoothly carry out international trade.

I. Industry Conditions

According to the data of the General Administration of Customs of China, in 2019, Chinas mechanical and electrical productsimport and exportThe total amount reached $1.94 trillion, accounting for the nationalforeign tradeIt accounts for 58.4% of the total import and export volume. Among them, the export volume is 1.14 trillion US dollars, and the import volume is 0.8 trillion US dollars. Mechanical and electrical products are an important part of Chinas foreign trade and also an important pillar of Chinas manufacturing industry.

As an important intermediary for the import and export of mechanical and electrical products, mechanical and electrical import and export agency companies play a significant role in promoting the trade of mechanical and electrical products. At present, there are a large number of mechanical and electrical import and export agency companies in China, with uneven service levels. Some large mechanical and electrical import and export agency companies have rich experience and professional teams, and can provide customers with comprehensive services; while some small mechanical and electrical import and export agency companies may have problems such as low service quality and weak professionalism.

II. Concept of Electromechanical Import and Export Agency Company

An electromechanical import and export agency company refers to an enterprise specializing in the agency business of electromechanical product import and export. Its main businesses include:

1.Customs Declaration Agency: Acting on behalf of customers to handle the customs declaration procedures for electromechanical products, including filling out the customs declaration form, preparing customs declaration materials, paying customs declaration fees, etc.

2.Inspection Declaration Agency: Acting on behalf of customers to handle the inspection declaration procedures for electromechanical products, including filling out the inspection declaration form, preparing inspection declaration materials, paying inspection declaration fees, etc.

3.Logistics and Transportation: Acting on behalf of customers to arrange the logistics transportation of electromechanical products, including loading and unloading, transportation, warehousing, etc.

4.Trade Consultation: Providing customers with consulting services for the import and export trade of electromechanical products, including market research, interpretation of trade policies, trade risk assessment, etc.

5.Value-added Services: According to the needs of customers, providing other related services, such asLetter of CreditOpening letters of credit, foreign exchange settlement, insurance handling, etc.

III. Operational Process of Electromechanical Import and Export Agency Company

The operational process of an electromechanical import and export agency company generally includes the following links:

1.Sign an Agency Contract: The customer signs an agency contract with the electromechanical import and export agency company to clarify the rights and obligations of both parties. The agency contract generally includes the scope of agency, agency fees, service standards, liability for breach of contract, etc.

2.Market Research: The electromechanical import and export agency company conducts market research according to the needs of the customer to understand the situation of the target market, including market demand, competition situation, trade policies, etc.

3.Search for Suppliers: The electromechanical import and export agency company searches for suitable suppliers based on the results of market research, negotiates with the suppliers, and determines the purchase price and quantity.

4.Sign a Purchase Contract: The electromechanical import and export agency company signs a purchase contract with the supplier to clarify the purchase price, quantity, delivery time, quality standards, etc.

5.Arrange logistics transportation: The electromechanical import and export agency company arranges logistics transportation according to the requirements of the purchase contract to ensure that the goods arrive at the destination on time.

6.Handle Customs Declaration and Inspection: The electromechanical import and export agency company acts on behalf of the customer to handle customs declaration and inspection procedures to ensure the smooth customs clearance of the goods.

7.Pay the Goods Payment: The electromechanical import and export agency company pays the payment to the supplier according to the requirements of the purchase contract.

8.Track the Goods: The electromechanical import and export agency company tracks the transportation of the goods and timely feedbacks the arrival time and place of the goods to the customer.

9.After - sales Service: The electromechanical import and export agency company provides after-sales services to the customer, including installation, commissioning, maintenance, etc.

IV. Contract Content of Electromechanical Import and Export Agency Company

The contract content of an electromechanical import and export agency company generally includes the following aspects:

1.Parties to the Contract: The two parties to the contract are the customer and the electromechanical import and export agency company.

2.Scope of Agency: Clarify the scope of agency of the electromechanical import and export agency company, including the types of products represented, the regional scope of agency, etc.

3.Agency fees: Clarify the agency fees of the electromechanical import and export agency company, including the calculation method of agency fees, the payment method of agency fees, etc.

4.Service Standard: Clarify the service standards of the electromechanical import and export agency company, including the time for customs declaration and inspection, the time for logistics transportation, the quality of after-sales service, etc.

5.Liability for Breach of Contract: Clarify the liability for breach of contract of both parties, including the liability of the agency company for failing to perform its obligations as agreed in the contract, the liability of the customer for failing to pay the agency fees as agreed in the contract, etc.

6.Dispute Resolution: Clearly define the dispute resolution method when disputes occur during the performance of the contract by both parties, including negotiation, arbitration, litigation, etc.

7.Other Terms: According to the actual situation of both parties, other clauses can also be agreed upon, such as confidentiality clauses, insurance clauses, etc.

V. Precautions for Electromechanical Import and Export Agency Company

1.Select a suitable agency company: When choosing an electromechanical import and export agency company, an enterprise should choose an agency company with good reputation, high service level and strong professionalism. The situation of the agency company can be understood by checking the agency companys qualification certificates, customer reviews, industry reputation, etc.

2.Clarify the Scope of Agency and Fees: Before signing an agency contract with an electromechanical import and export agency company, an enterprise should clarify the scope of agency and fees of the agency company to avoid unclear scope of agency and excessive agency fees.

3.Pay attention to the contract terms: Before signing an agency contract, an enterprise should carefully read the contract terms to ensure that the contract terms are in line with its own interests. In particular, pay attention to clauses such as liability for breach of contract and dispute resolution in the contract to avoid contract disputes.

4.Strengthen Communication and Coordination: During the cooperation with the electromechanical import and export agency company, an enterprise should strengthen communication and coordination, timely feedback its own needs and opinions to the agency company, and jointly solve the problems that occur during the cooperation.

5.Pay Attention to Policy Changes: The business of electromechanical import and export agency companies involves changes in international trade policies, customs policies, etc. Enterprises should pay attention to policy changes, adjust their business strategies in a timely manner, and avoid policy risks.

VI. Summary

As an important intermediary for the import and export of electromechanical products, electromechanical import and export agency companies play an important role in promoting the trade of electromechanical products. When carrying out international trade, enterprises can choose electromechanical import and export agency companies to provide professional services for themselves and help them carry out international trade smoothly. When choosing an electromechanical import and export agency company, enterprises should pay attention to issues such as choosing a suitable agency company, clarifying the scope of agency and fees, paying attention to contract terms, strengthening communication and coordination, and paying attention to policy changes to ensure the protection of their own interests.