WCO Clarifies Customs HS Codes for Smartwatches and Drones

WCO Clarifies Customs HS Codes for Smartwatches and Drones

The Harmonized System Committee (HSC) of the World Customs Organization has released updated HS code classification decisions regarding products like smartwatches and drones. These decisions, presented as classification rulings, revised explanatory notes, and compendiums of classification opinions, provide clear guidance for the international trade of these products. This helps businesses accurately declare goods and reduce trade risks by providing clarity on how these evolving technologies are classified under the Harmonized System.

01/26/2026 HS Code Query
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Indonesia Boosts Customs Oversight with WCO Training Center

Indonesia Boosts Customs Oversight with WCO Training Center

The World Customs Organization (WCO) and Indonesian Customs have signed a Memorandum of Understanding to establish a Regional Training Center (RTC) and a Regional Customs Laboratory (RCL) in Indonesia. This initiative aims to enhance regional customs capacity building, facilitate trade, and promote economic development. Indonesian Customs will leverage its regional leadership to share best practices through the RTC and RCL, strengthening regional cooperation and addressing global trade challenges.

01/26/2026 Customs Knowledge
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Global Logistics Sector Struggles As PMI Hits 10year Low

Global Logistics Sector Struggles As PMI Hits 10year Low

Global trade faces challenges as the manufacturing PMI hits a 10-year low, raising supply chain concerns. The Port of Los Angeles is enhancing its operational efficiency and competitiveness through increased infrastructure investment, data-driven management, and strengthened inland partnerships. Businesses need to build flexible, efficient, and resilient supply chains by diversifying sourcing, strengthening risk management, embracing technological innovation, and fostering collaboration to navigate the complexities and uncertainties of global trade.

01/28/2026 Logistics Industry Insights
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Gold Prices Drop Below 4000 Amid Market Uncertainty

Gold Prices Drop Below 4000 Amid Market Uncertainty

Gold prices have fallen below the $4000 mark, with technical analysis suggesting a potential further decline to $3844. Trade optimism is a major driving factor behind this movement. Going forward, it's crucial to monitor key support levels and shifts in market sentiment. Investors should exercise caution and closely observe market dynamics. The current downward trend is fueled by positive developments in trade relations, impacting the safe-haven appeal of gold.

01/28/2026 Exchange Rate Query
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Guide to Recovering Unpaid Export Goods

Guide to Recovering Unpaid Export Goods

This article focuses on the return of exported goods due to unsettled payments. It details the operational procedures and precautions, including ensuring ownership, notifying the shipowner, seeking cooperation from the consignee, and estimating the costs after the goods are returned to the country. The aim is to help exporters minimize losses in such situations. It covers practical aspects of handling returned shipments and mitigating financial risks associated with non-payment in international trade.

08/22/2025 Logistics Encyclopedia
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In-depth Analysis of Container Transport Process

In-depth Analysis of Container Transport Process

This article provides an in-depth analysis of the basic processes involved in container transportation, including loading, management, unloading, and distribution. It emphasizes the importance of smooth communication and cooperation while highlighting how industry practitioners accumulate experience and tackle challenges in practice. By sharing real case studies, it effectively enhances work skills and industry awareness.

07/18/2025 Logistics Encyclopedia
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Fujians Christmas Decor Exports Surge Dominating Global Markets

Fujians Christmas Decor Exports Surge Dominating Global Markets

In the first 11 months of 2025, Fujian's Christmas supplies exports reached 2.84 billion yuan, accounting for 70% of the province's total festive product exports. Driven by a complete industrial chain, product innovation, and eco-friendly advantages, Fujian's Christmas supplies are popular in markets like the EU and Latin America. Key drivers for export growth include early release of overseas orders, diversified market layout, and policy support. Fujian's "Christmas economy" has extended to new sectors such as food, demonstrating strong development potential.

12/25/2025 Logistics Industry Insights
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