International Trade Terms Explained: A Comprehensive Analysis of Transaction Methods and Pricing Terminology

International Trade Terms Explained: A Comprehensive Analysis of Transaction Methods and Pricing Terminology

This article provides a detailed analysis of the main transaction methods and pricing terms in international trade, including FOB, C&F, and CIF. It explains the meaning of each term and the regulations for filling out export customs declarations. Additionally, it discusses how to accurately fill in freight and insurance costs based on varying transaction prices, ensuring a smooth and compliant trade process.

07/18/2025 Logistics Encyclopedia
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Three Key Points for Chemical Products Going Global Helping Enterprises Successfully Enter International Markets

Three Key Points for Chemical Products Going Global Helping Enterprises Successfully Enter International Markets

This article analyzes the opportunities and challenges of Chinese chemical products going abroad. It delves into three key aspects that need attention during the export process: the hazardous characteristics of chemical products, the importance of qualification procedures, the auditing standards of different shipowners, and strategies for controlling shipping time. The aim is to provide enterprises with professional logistics services and advice.

07/28/2025 Logistics
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High Logistics Costs Hinder Development in China Prompting Urgent Need for Reduction

High Logistics Costs Hinder Development in China Prompting Urgent Need for Reduction

China's social logistics costs remain high, placing a heavy burden on enterprises and affecting economic transformation. Various fees are still widespread, particularly in highways and import-export sectors, with high costs and inconsistent standards, intensifying pressure on businesses. It is crucial to strengthen policy implementation, regulate charging mechanisms, and promote cost reduction to enhance enterprise competitiveness and achieve sustainable economic development.

07/28/2025 Logistics
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Crossborder Sellers Face Rising Logistics Customs Risks

Crossborder Sellers Face Rising Logistics Customs Risks

The article deeply analyzes the core processes of customs clearance in cross-border logistics and the associated risks, emphasizing the importance of customs clearance in international trade. It points out that sellers need to focus on compliance in declarations and policy changes to improve customs clearance efficiency and reduce the risk of delays.

09/16/2025 Customs Knowledge
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Libyas NCB Enhances Secure International Money Transfers

Libyas NCB Enhances Secure International Money Transfers

This article explains how to safely and effectively use the SWIFT code LNCBLYLTLGC of the National Commercial Bank of Libya (NCB) for international transfers. It emphasizes the importance of verifying the bank's name, branch information, and country details. Additionally, the article provides compliance recommendations to minimize risks and errors in the transfer process.

08/12/2025 International Settlement
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Papua New Guinea Banking Adopts Efficient International Payment Systems

Papua New Guinea Banking Adopts Efficient International Payment Systems

This report analyzes the significance of Papua New Guinea banks in handling international payments, particularly the application of SWIFT codes. It provides methods for locating bank branches and SWIFT codes, assisting users in ensuring accurate fund transfers. Additionally, it emphasizes the importance of compliance and security, helping clients minimize risks in international remittances.

08/14/2025 International Settlement
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Guide to Using SWIFT BIC Codes for Global Transfers

Guide to Using SWIFT BIC Codes for Global Transfers

This article explores the proper use of SWIFT/BIC codes for international transfers, using STANDARD CHARTERED BANK (SINGAPORE) LIMITED as a case study. It analyzes the components of the code, the significance of transmission, and the impact of exchange rates, while emphasizing the importance of compliance and financial strategies for successful transfers.

08/22/2025 International Settlement
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Precise Interpretation Of Logistics Operations Your New Supply Chain Guide

Precise Interpretation Of Logistics Operations Your New Supply Chain Guide

This article delves into the core concepts and important classifications of logistics, highlighting the significance of documents required for transportation and shipping, as well as the importance of customs compliance in cross-border logistics. By analyzing these key factors, businesses can better formulate supply chain management strategies and enhance their market competitiveness.

07/23/2025 Logistics
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Navigating The Classification of Imitation Jewelry in International Trade

Navigating The Classification of Imitation Jewelry in International Trade

The classification of HS codes for costume jewelry is crucial, primarily falling under heading 71.17, subdivided into three categories: 71171100, 71171900, and 71179000. Costume jewelry must comply with customs regulations, providing customs clearance documents for imported goods and undergoing inspections. Understanding the classification of different materials can effectively ensure trade compliance and efficiency.

07/28/2025 HS Code Query
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