Guide to Incoterms Simplifies Global Trade Rules

Guide to Incoterms Simplifies Global Trade Rules

This article systematically reviews common Incoterms in international trade, such as EXW, FOB, CIF, and DDP, explaining their core functions, division of responsibilities, and risk transfer. It also analyzes specific trade scenarios. The importance of choosing appropriate Incoterms and the key aspects of risk control are emphasized, aiming to help foreign trade practitioners better understand and apply international trade terms. Understanding these terms is crucial for successful international transactions and mitigating potential liabilities.

08/22/2025 Logistics Encyclopedia
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12 Common Pitfalls to Avoid Email Bounces in Global Trade

12 Common Pitfalls to Avoid Email Bounces in Global Trade

This article delves into 12 common reasons for foreign trade email bounce backs, including incorrect recipient addresses, disabled mailboxes, and email filtering. It provides corresponding solutions such as optimizing email content, controlling attachment size, and sending emails in batches. The aim is to help foreign traders effectively reduce email bounce rates, improve overseas communication efficiency, and seize potential business opportunities.

09/26/2025 Logistics Encyclopedia
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China's Export Dilemma: Buyout vs. Agency Trade Models Compared

China's Export Dilemma: Buyout vs. Agency Trade Models Compared

The difference between buying export and agent export lies in the former referring to exports conducted through an entity with export rights when lacking such rights, while the latter involves an authorized exporter acting as an agent to ensure foreign exchange repatriation. Buying export does not enjoy tax rebates, whereas agent export can apply for them. Understanding these distinctions is crucial for foreign trade operations.

07/28/2025 Customs Knowledge
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Key Shipping Terms Explained for Global Traders

Key Shipping Terms Explained for Global Traders

This article delves into the two meanings of ETD (Estimated Time of Delivery and Estimated Time of Departure) in international ocean bills of lading. It also elaborates on key shipping terms such as ETA, ATD, and ATA. Through case studies, this aims to help foreign trade personnel accurately understand and utilize these terms, avoiding trade risks caused by misunderstandings. Ultimately, it facilitates the smooth progress of international trade.

11/03/2025 Logistics Encyclopedia
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Causes and Impacts of Vessel Delays at Foreign Ports

Causes and Impacts of Vessel Delays at Foreign Ports

Recently, there has been an increase in delays of outbound vessels at foreign ports, causing frustration among many professionals in the freight industry. Factors such as weather and port congestion have made it more challenging to return to normal shipping schedules. Different vessels experience varying delays due to dock scheduling and other issues. Does this situation indicate a need to reassess our current transportation strategies to adapt to a more complex logistics environment?

07/18/2025 Logistics
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Guide to SWIFT Codes for Tunisian Foreign Bank Transfers

Guide to SWIFT Codes for Tunisian Foreign Bank Transfers

This article provides a detailed overview of the SWIFT/BIC code UTUBTNTTXXX for Tunisian Foreign Bank in Tunisia. It explains the code's usage scenarios, its importance in international money transfers, and how to avoid remittance problems caused by incorrect codes. The aim is to assist users in successfully completing international transfers to this bank. Understanding the correct SWIFT code is crucial for ensuring that funds are routed accurately and efficiently, minimizing delays and potential complications in the transaction process.

09/02/2025 International Settlement
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