JD Logistics has launched an international route from Wuhu to Hanoi, Vietnam, facilitating bilateral trade with 2-3 flights per week and a maximum single trip cargo capacity of 20 tons, taking only 3 hours each way. This route will help Chinese goods enter the Vietnamese market and vice versa, promoting the development of global logistics networks.
This article provides a detailed analysis of iron and its alloy products related to the HS codes of the 72 series, including pig iron, ferromanganese, ferrosilicon, and ferrochrome. By explaining the product codes and their significance, readers will gain a deeper understanding of the classification of goods in international trade and its impact on the industry.
The HS code 4801009000 corresponds to sheets and other newsprint, with an export tax rate of 0% and VAT at 13%. When declaring goods, it is important to pay attention to factors such as brand, use, and specifications, with no special regulatory requirements. This code highlights the importance of product classification and tax information in modern trade.
This article analyzes the main types of bills of lading in cross-border logistics, including original and duplicate bills, named and endorsed bills, and shipped and goods-to-be-loaded bills. It emphasizes their importance in the transfer of cargo ownership, legal effectiveness, and operational practices, assisting foreign trade practitioners in optimizing processes and mitigating risks.
A Packing List (PL) is a crucial tool for customs declaration, detailing the quantity, weight, and number of cartons of transported goods. The content must align with the commercial invoice to ensure efficient shipping and customs clearance. An accurate packing list helps reduce delays and unforeseen issues during the shipping process, enhancing the smoothness of international trade.
A bonded warehouse is a solution in international trade that allows for the storage of goods on which duties have not yet been paid. Businesses can use this to defer duty payments, improve cash flow, and enhance flexibility and competitiveness in storage management. There are up to 11 types of bonded warehouses globally, providing support for various market needs.
An export license is an authorization document issued by the U.S. government to regulate the legal trade of restricted goods. Exporters must determine if a license is required by consulting the Commerce Control List, ensuring compliance with national security and legal regulations. Compliant export transactions not only protect business interests but also promote the development of the international economy.
This article discusses the booking and customs operation processes when transporting goods that involve two different trade methods for the same cargo. It emphasizes the importance of manual authorization and highlights potential risks associated with overloading shipments. The article suggests maintaining clear communication with clients to ensure smooth logistics operations and to prevent economic losses due to customs issues.
This article explores the various documents required for export customs declaration, emphasizing specific requirements under different trade modes and customs regulations. Exporters need to have essential documents such as invoices, packing lists, and contracts; special goods may require additional permits. It also clarifies the importance of providing accurate tax identification numbers and reporting elements to ensure smooth customs clearance.
This article provides a detailed analysis of the key steps in ocean freight export shipping, including reviewing letters of credit, preparing goods for inspection, booking cargo, arranging insurance, consolidating shipments, customs declaration, and loading. It offers practical operational guidelines to significantly enhance the efficiency of ocean freight exports, thereby laying a solid foundation for international trade.
