Understanding Recent Changes in Import and Export Customs Declaration Forms

Understanding Recent Changes in Import and Export Customs Declaration Forms

This article provides a detailed comparison of the main changes between the old and new customs declarations, including the deletion, addition, and modification of fields. Many irrelevant pieces of information have been removed, while new fields have been added to ensure tax collection and prevent infringement. Several field names have been adjusted for clarity, and the number of product items has increased to facilitate trade. Overall, these adjustments aim to enhance customs regulatory capabilities and improve trade efficiency.

Analyzing The Suitability Of The Ruble For Export Customs Declarations

Analyzing The Suitability Of The Ruble For Export Customs Declarations

The article analyzes the applicability of using the ruble in export customs declarations. It points out that, according to customs regulations, the currency used for declaring goods must be selected from the 'Currency Code Table'. Since the ruble is not included in this table, declaring goods directly in rubles is not permitted and must be converted to another currency. It is recommended to consult a professional customs brokerage for specific requirements during the process.

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.

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.

Amazon FBM Sellers Risk Suspension for Unshipped Orders in Peak Season

Amazon FBM Sellers Risk Suspension for Unshipped Orders in Peak Season

An Amazon FBM seller's store was deactivated due to untimely order processing. During peak seasons, prioritizing account security and compliant operations is crucial. The FBM model presents both opportunities and challenges, requiring careful consideration. Sellers should proactively manage their order fulfillment and adhere to Amazon's policies to avoid account suspension, especially during high-volume periods. Maintaining good standing with Amazon is essential for long-term success in the FBM business model. Careful planning and execution are key to navigating the complexities of peak season and ensuring continued operation.

Key Role of Bill of Lading in Global Trade Risk Management

Key Role of Bill of Lading in Global Trade Risk Management

The Ocean Bill of Lading (B/L) is a crucial document in international trade, serving as evidence of a transport contract, a receipt for goods, and a document of title. This paper delves into the types, contents, circulation process, and significant role of the B/L in international trade. It compares the risks of original B/Ls versus Telex Release, explores common issues and solutions, and discusses the development trends of electronic B/Ls. The aim is to help businesses master B/L operations, mitigate trade risks, and improve operational efficiency.

Global Trade Growth Slows Amid Economic Headwinds

Global Trade Growth Slows Amid Economic Headwinds

The World Trade Organization reports strong growth in global merchandise trade in the short term, but declining new export orders suggest a slowdown. Trade policy uncertainty also poses a potential risk. Businesses should closely monitor market changes and proactively address challenges. The initial surge is expected to moderate, requiring vigilance and adaptability in navigating the evolving global trade landscape. Staying informed and responsive will be crucial for businesses to mitigate risks and capitalize on opportunities amidst these dynamic conditions.

11/03/2025 Logistics
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FCA Incoterms Gain Popularity for Global Trade Efficiency

FCA Incoterms Gain Popularity for Global Trade Efficiency

For international goods buyers, FCA (Free Carrier) often surpasses FOB and EXW. FCA is better suited for containerized shipping, clearly defining the seller's responsibility for export clearance and loading, thus reducing the buyer's burden and risk. When choosing Incoterms®, factors like the nature of the goods, mode of transport, and the strengths of both parties should be considered. FCA is a wise choice for simplifying processes, reducing costs, and mitigating risks in international trade transactions.

Experts Share Best Practices for Shipping Hazardous Chemicals

Experts Share Best Practices for Shipping Hazardous Chemicals

Based on expert Faye09's experience, this article delves into the process, precautions, and risk management of dangerous goods sea freight exports. It covers key aspects such as dangerous goods classification, pre-export preparation, sea freight booking, customs declaration, and loading. Practical operational advice is provided for common dangerous goods like lithium batteries, copper sulfate, and mothballs. The aim is to help foreign trade companies and freight forwarders mitigate risks, improve efficiency, and successfully complete dangerous goods sea freight exports.