WCO Boosts Global Trade with New Performance Metrics

WCO Boosts Global Trade with New Performance Metrics

The World Customs Organization has launched the second round of its Performance Measurement Mechanism, aiming to empower member customs administrations to improve strategic decision-making and overall effectiveness through a standardized assessment framework. This mechanism covers key areas such as trade facilitation, revenue collection, and security, promoting global customs modernization and contributing to trade facilitation and economic security. A call is made for active participation from all members to jointly build an efficient and secure global customs system. This initiative will help customs administrations enhance their performance and contribute to a safer and more prosperous global trade environment.

01/30/2026 Customs Knowledge
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Swiss Trade Surplus Shrinks As Global Demand Weakens

Swiss Trade Surplus Shrinks As Global Demand Weakens

Switzerland's trade surplus decreased to CHF 3.84 billion in November, with exports falling by 7.1% compared to the previous month. Watch exports experienced a year-on-year decline of 7.3%. Factors such as the global economic downturn, geopolitical risks, and exchange rate fluctuations may impact Switzerland's trade performance. The decline in watch exports, a key sector for the Swiss economy, is particularly noteworthy and warrants further monitoring to understand the underlying causes and potential long-term effects.

01/30/2026 International Settlement
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Uschina Trade War Escalates Tariffs Threaten Shipbuilding Sector

Uschina Trade War Escalates Tariffs Threaten Shipbuilding Sector

The US is escalating countermeasures against China's shipbuilding industry, including adjusting vessel service fees, potentially lifting LNG export restrictions, and imposing tariffs. China retaliated by levying fees on US-flagged vessels. This stems from US concerns about China's 'unfair' shipbuilding practices, aiming to protect its domestic industry. The escalating trade friction will likely increase shipping costs and potentially trigger global trade tensions, requiring shipping companies to adapt flexibly. The situation highlights the growing economic competition and potential disruptions within the global maritime sector.

01/30/2026 Logistics
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Global Air Freight Compliance Key to Trade Success

Global Air Freight Compliance Key to Trade Success

Proper packaging is crucial for international air freight. This article details the core requirements for international air freight packaging, including general fundamental requirements and specific regulations for special categories. It also explains the serious consequences of non-compliant packaging, such as shipment refusal, fines, and legal liabilities. By following the guidelines in this article, you can ensure your goods are delivered safely and efficiently, avoiding unnecessary losses.

01/30/2026 Logistics Encyclopedia
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Bulk Shipping Cuts Costs for Crossborder Furniture Trade

Bulk Shipping Cuts Costs for Crossborder Furniture Trade

High logistics costs are a major challenge for cross-border e-commerce furniture exports. Full cargo booking on bulk carriers offers a powerful solution for cost reduction and efficiency improvement. This model leverages economies of scale to lower per-unit shipping costs, caters to large-volume shipments, and provides stable transit times. This article provides a detailed analysis of the booking process and key considerations, helping you master full cargo transportation and successfully bring your furniture products to the global market.

01/30/2026 Logistics
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Egypt Customs Launches Modernization Plan to Enhance Trade

Egypt Customs Launches Modernization Plan to Enhance Trade

With the support of the World Customs Organization, Egyptian Customs has developed a new vision, mission, and strategic plan aimed at enhancing customs clearance efficiency, optimizing risk management, strengthening international cooperation, and ultimately promoting Egypt's economic development. The strategic plan emphasizes process optimization, technology upgrades, personnel training, and international collaboration. It strives to transform Egyptian Customs into a leading regional customs organization characterized by efficiency, transparency, and security.

01/30/2026 Customs Knowledge
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Shipping Costs and Customs Challenges for Shenzhenmalaysia Trade

Shipping Costs and Customs Challenges for Shenzhenmalaysia Trade

This article provides a detailed analysis of the transit time, costs, and customs clearance considerations for sea freight from Shenzhen to Malaysia. It examines the advantages, disadvantages, and suitable scenarios for LCL (Less than Container Load), FCL (Full Container Load), and break bulk shipping. The article also outlines the factors influencing sea freight costs and provides a checklist of required documents for customs clearance. The aim is to offer comprehensive sea freight guidance for businesses and individuals shipping goods between Shenzhen and Malaysia, helping them navigate the complexities of international logistics.

01/30/2026 Logistics
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Abu Dhabi Customs Streamlines Trade with Preruling System

Abu Dhabi Customs Streamlines Trade with Preruling System

Abu Dhabi Customs is actively implementing an Advance Ruling System to optimize commodity classification, valuation, and origin processes, aiming to comply with the WTO Trade Facilitation Agreement. Through legal framework and infrastructure upgrades, with technical support from the WCO, Customs is committed to raising trader awareness and officer capabilities. The Advance Ruling System is expected to reduce trade costs, improve efficiency, enhance compliance, and attract more foreign investment, injecting new momentum into Abu Dhabi's trade development.

01/30/2026 Customs Knowledge
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Global Trade Tips Selecting Products for Efficient Shipping

Global Trade Tips Selecting Products for Efficient Shipping

Sea Freight DDP (Delivered Duty Paid) service simplifies international logistics and reduces costs, suitable for general cargo, electronics, small machinery, and handicrafts. It's particularly beneficial for small traders, cross-border e-commerce businesses, personal relocation, and emerging enterprises. Choosing the right service provider can effectively improve business efficiency and help companies gain an advantage in the international market. This all-inclusive service handles customs clearance and taxes, streamlining the import process and providing transparent pricing.

01/30/2026 Logistics Encyclopedia
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Shanghai Enhances Chinarussia Trade with Faster Customs Clearance

Shanghai Enhances Chinarussia Trade with Faster Customs Clearance

Shanghai Russia logistics DDP shipping line offers professional and efficient customs clearance, a convenient and direct transportation network, secure and reliable warehousing services, and one-stop logistics solutions. We help businesses facilitate smooth China-Russia trade and effortlessly expand into the Russian market. Our DDP service simplifies the shipping process, handling all duties and taxes, ensuring a hassle-free experience. Focus on your core business while we manage the complexities of international logistics. We provide reliable and cost-effective solutions for your Russian market needs.

01/30/2026 Logistics
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