Global Trade Guide Mastering Formal Customs Declarations

Global Trade Guide Mastering Formal Customs Declarations

This article delves into the crucial role of formal customs declaration in cross-border trade, explaining its definition, functions, and various types. Understanding formal customs declaration enables businesses to ensure compliance in import and export operations, reduce legal risks, improve customs clearance efficiency, and provide better protection for customers. This ultimately leads to greater success in the global market. It emphasizes the importance of adhering to regulations for smooth and efficient international trade processes.

02/03/2026 Customs Knowledge
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Slovakian Imports Face Customs Hurdles Via Hong Kong

Slovakian Imports Face Customs Hurdles Via Hong Kong

This article details the entire process of Slovakian purchased goods transiting through Hong Kong for customs clearance into mainland China. It covers sea freight route selection, Hong Kong customs clearance procedures, key points for mainland customs clearance, and important considerations. The aim is to help readers efficiently and compliantly complete cross-border shopping. It provides practical guidance on navigating the complexities of international shipping and customs regulations, ensuring a smooth and legal import process for Slovakian goods purchased through a purchasing agent.

06/12/2024 Customs Knowledge
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Ozon Launches Backtoschool Sale to Drive Ecommerce Growth

Ozon Launches Backtoschool Sale to Drive Ecommerce Growth

The Ozon Back to School mega sale is coming, offering sellers growth opportunities. The platform provides support such as a promotional calendar and extensive traffic exposure. Sellers can choose suitable promotional plans based on their own circumstances, optimize product detail pages, and actively participate in platform activities to achieve significant sales growth. Don't miss out on this chance to boost your performance during this key shopping season on Ozon.

02/12/2026 Logistics Industry Insights
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Atome Exits China Raising BNPL Concerns in Southeast Asia

Atome Exits China Raising BNPL Concerns in Southeast Asia

Southeast Asian BNPL platform Atome is suspected of exiting the Chinese market, primarily due to underperforming business volume. Despite partnerships with multiple service providers, the independent website model faced challenges in Southeast Asia, and high commissions deterred some sellers. This incident highlights the differences between the Southeast Asian market and those in Europe and the US. Companies need to carefully assess market risks and adjust their strategies accordingly. The case of Atome serves as a cautionary tale for businesses expanding into the region.

01/04/2026 Logistics Industry Insights
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Global Luggage Market Expands Amid Ecommerce Growth

Global Luggage Market Expands Amid Ecommerce Growth

The global bags and luggage market is large and growing, with the US and India being major markets. Handbags hold the largest share, and online purchasing is a clear trend. Future trends include smart features, personalization, and environmental friendliness. China's three major bag and luggage industrial belts each have unique characteristics. Independent station sellers should deeply understand the market, create differentiated products, optimize user experience, and effectively utilize social media to succeed.

02/12/2026 Logistics Industry Insights
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Chinaarab Park Partners with CAEXPO to Enhance Belt and Road Trade

Chinaarab Park Partners with CAEXPO to Enhance Belt and Road Trade

The China-Arab Economic and Trade Cooperation Demonstration Park and the CAEXPO Excellent Products Exhibition and Sales Center of Nanning International Convention and Exhibition Center signed a strategic cooperation agreement. This aims to deepen economic and trade linkages between China and Arab countries, as well as China and ASEAN, exploring mutually beneficial cross-border cooperation paths. Both parties will establish a cross-regional economic and trade collaboration hub between China-Arab countries and ASEAN through resource sharing, channel interconnection, and product promotion. This will help enterprises expand into international markets and promote regional economic development.

01/27/2026 Logistics Industry Insights
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Banco Central De Chile Swift Code Key for Global Transfers

Banco Central De Chile Swift Code Key for Global Transfers

This report provides a detailed overview of the composition and significance of the SWIFT/BIC code BCECCLRMXXX of the Central Bank of Chile (BANCO CENTRAL DE CHILE). It emphasizes that the accurate use of this code is a crucial prerequisite for conducting international remittances, ensuring the smooth execution of transactions and the security of funds.

08/18/2025 International Settlement
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