Foreign Trade Knowledge_Foreign Trade Basic Knowledge_Shanghai Zhongshen International Trade

Sticky

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.

Sticky

Eight Common Foreign Trade Payment Collection Methods

2024-08-14

下面是八种常见的外贸收款方式：T/T电汇，L/C信用证，D/P付款交单，D/A承兑交单，O/A记帐支付，Escrow Service保兑付款，Paypal在线支付，Western Union快速汇款。

Trade Terms | Obligations to be Fulfilled by Buyers and Sellers under EXW

2024-10-27

EXW, short for EX Works, is called Ex - Works (named place). Usually, the exporter has fulfilled its obligation to deliver the goods when it places the goods at its business premises or other designated places (factory, warehouse) for the importer to take delivery.

What is Differential Tariff? What are the Categories?

2024-10-27

Avoiding Traps in Determining the Attributes of Pressure Vessels

Claim Issues of Export Credit Insurance

2024-10-27

Due to the complexity of cross - border transactions, claims under export credit insurance are extremely complex. More specifically, claims under export credit insurance activities include four main parts.

How many types of T/T (Telegraphic Transfer) are there?

2024-10-27

Telegraphic Transfer (T/T) is now a relatively common foreign trade payment collection method. Payment is made through bank transfer. The remitting bank, in accordance with the requirements of the remitter and the instructions of the foreign remitting bank, settles a certain amount of money to the payee.

What are the types of import and export trade methods?

2024-10-27

The definition of international trade is simple: trade occurring between nations involving goods, services, or technologies. It can be broadly categorized as follows:

[Export Tax Rebate] What are the tariff policies of the country of destination for imported goods?

2024-10-27

Currently, as transit tariffs are no longer used worldwide and export taxes are rarely applied, import tariffs have come into the spotlight. Essentially, this is a case of old wine in a new bottle, where import tariffs replace the previous transit tariffs. Imposing import tariffs often increases the cost of imported goods, raises their market prices, and consequently affects the volume of foreign goods imported.

As the exporter, we not only need to understand the export tax rebate policy, but also need to know the tariff policy of the country of destination for the imported goods. Then the relevant content will be introduced in detail below.

2024-10-27

According to the Regulations of the Peoples Republic of China on Import and Export Duties and related regulations, as of January 1, 2023, the import and export tariffs of some commodities have been adjusted.

How long does it take to handle foreign trade export tax rebates?

2024-10-27

Export enterprises should pay special attention to declaration procedures when handling export tax rebates and maintain strict time management to avoid losses.

Do you know the four major methods of foreign trade quotations?

2024-10-26

Foreign trade enterprises should determine the corresponding price according to the enterprise and market conditions, and then adopt an appropriate pricing method to conclude a transaction. The following are the four major foreign trade quotation methods summarized by Zhongshen International Trades foreign trade import business.