This guide provides detailed instructions on how to correctly fill in the 'Transaction Terms' section of the Export Goods Customs Declaration. It outlines the steps and considerations for various international trade terms such as FOB, C&F, and CIF. This not only helps improve customs efficiency but also reduces transaction risks, making it an essential reference for anyone engaged in international trade.
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.
The Prologis IBI Index indicates a turning point in logistics real estate demand, with the Q3 activity index reaching 53. Net absorption, new lease signings, and project pipelines all show healthy growth. E-commerce and large enterprises are driving the increase, but trade volatility introduces uncertainty. The market recovery is non-linear, and businesses need to pay close attention to international trade developments.
Panjiva data reveals a continued decline in US import freight volume, impacted by both the pandemic and weakened demand. A significant drop in Chinese exports is a primary driver, accelerating supply chain diversification. It is recommended to strengthen international cooperation, reduce trade barriers, stabilize global trade, and promote digital transformation to mitigate these challenges and foster resilience in the global supply chain.
The WCO assisted Bahrain in enhancing its Post-Clearance Audit (PCA) and Pre-Arrival Processing (PAP) capabilities to align with the WTO Trade Facilitation Agreement. Bahrain committed to applying the acquired knowledge and skills. The WCO will continue to support Bahrain's customs modernization efforts. This assistance aims to improve efficiency and effectiveness in customs procedures, ultimately facilitating trade and economic growth for Bahrain.
The US extended the reciprocal tariff suspension to August, effectively using it as leverage in trade negotiations. Experts warn of the risks associated with high tariffs. Businesses should closely monitor policies, diversify their supply chains, strengthen digital transformation, and build stable relationships with partners. By proactively addressing uncertainties and embracing open cooperation, companies can find development opportunities amidst global trade challenges.
The US-Mexico cross-border transportation agreement marks a new phase in North American trade. Fulfilling US commitments under NAFTA, it eliminates trade barriers and fosters nearshoring trends. Businesses should focus on compliance, security, communication, and technology, selecting suitable logistics partners to seize opportunities and optimize supply chains. Addressing these challenges is crucial for sustainable growth in this evolving landscape.
Hyundai Motor's Q4 2023 profits significantly declined, primarily due to US tariffs on automobiles, which offset the benefits of the weaker Korean Won. As the world's third-largest automaker, Hyundai's performance reflects the uncertainties facing the global automotive industry in a complex international trade environment. The impact of trade policy adjustments is significant, highlighting the vulnerability of major manufacturers to geopolitical shifts.
This article details the sea freight export process for Class 4.2 dangerous goods, specifically Xanthates (Yellow Xanthate). It analyzes the challenges in booking, packaging, and container loading, providing detailed steps and precautions for Yellow Xanthate export from Shanghai Port. The importance of selecting a professional freight forwarder, complying with regulations, and enhancing communication is emphasized. This guide aims to provide practical operational guidance for relevant enterprises involved in the export of Yellow Xanthate as a dangerous good via sea freight.
This article provides an in-depth analysis of the compliance requirements, operational challenges, and solutions for the sea freight export of overweight energy storage cabinets (UN3536). It focuses on key aspects such as port registration, booking shipping space, and obtaining the Dangerous Goods Packing Certificate. The importance of selecting professional logistics services is emphasized. This guide aims to provide practical guidance for businesses involved in the export of UN3536 energy storage cabinets by sea, ensuring adherence to regulations and smooth transportation.
