New Incoterms Guide Aids Global Trade Efficiency

New Incoterms Guide Aids Global Trade Efficiency

The Incoterms® rules are a set of global standards published by the International Chamber of Commerce, covering 11 essential trade terms. Since their inception in 1936, with the latest version released in 2020, these rules clarify the responsibilities and risks of sellers and buyers in the delivery of goods in international trade. They help prevent misunderstandings and reduce transaction costs. Understanding these rules is crucial for the success of every trader.

08/05/2025 Logistics Encyclopedia
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Guide to HS Codes for Crossborder Ecommerce

Guide to HS Codes for Crossborder Ecommerce

This article provides an in-depth analysis of the HS Code in international logistics, covering its definition, structure, function, and search methods. It emphasizes the crucial role of HS Codes in customs tariff calculation, trade statistics, and regulatory compliance. This serves as a practical guide for cross-border e-commerce sellers, helping them operate compliantly in the global market, reduce operating costs, and enhance competitiveness. Understanding HS codes is critical for successful global trade operations.

11/03/2025 HS Code Query
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China Strengthens Steel Export Rules to Boost Quality Trade Fairness

China Strengthens Steel Export Rules to Boost Quality Trade Fairness

The Ministry of Commerce and the General Administration of Customs jointly announced that export license management will be implemented for certain steel products starting January 1, 2026. This measure aims to regulate steel export trade, improve product quality, and maintain international trade order. Exporters will be required to provide export contracts and quality certificates when applying for licenses. The implementation of the new regulations will promote the healthy development of the industry.

01/15/2026 Customs Knowledge
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HS Codes 48 Key to Global Trade and Export Tax Policies

HS Codes 48 Key to Global Trade and Export Tax Policies

This article provides an in-depth analysis of HS codes related to item 48 and their corresponding paper products. It discusses the importance of export tax refund policies and compliance requirements for inspections, helping companies manage export trade and resource allocation more effectively. Understanding this information will assist businesses in successfully operating in the international market.

08/05/2025 HS Code Query
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Global Trade Trends in Salt and Mineral Products HS Code 25

Global Trade Trends in Salt and Mineral Products HS Code 25

This article provides a detailed analysis of the classification of various salts and mineral products under HS code 25 and their export tax rebate rates. It emphasizes the importance of correctly understanding and applying HS codes in international trade, which is crucial for effectively managing trade processes and market strategies.

08/05/2025 HS Code Query
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Guide to Bills of Lading and Risk Mitigation in Global Trade

Guide to Bills of Lading and Risk Mitigation in Global Trade

This article analyzes the types of Bill of Lading consignees, highlighting their advantages and disadvantages. It emphasizes key considerations for trading with high-risk countries and addresses frequently asked questions. The aim is to help foreign traders protect their rights and interests by providing insights into managing Bill of Lading risks, ensuring cargo ownership control, and navigating foreign trade customs clearance procedures effectively. This guide offers practical advice for mitigating potential issues and safeguarding transactions in international trade.

08/21/2025 Document Interpretation
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Guide to FOB Trade Terms and Risk Mitigation in Ocean Freight

Guide to FOB Trade Terms and Risk Mitigation in Ocean Freight

Under FOB (Free On Board) terms, the seller is responsible for costs up to the port of shipment, while the buyer bears the ocean freight and destination port charges. Pay close attention to the division of insurance responsibilities and the transfer of risk to avoid potential trade risks. Understanding these aspects of FOB is crucial for both parties involved in international transactions to ensure clarity and minimize disputes related to costs and liabilities during the shipping process.

09/26/2025 Logistics Encyclopedia
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