Temu's sales in the US market plummeted by 25%, primarily due to adjustments in advertising strategies and changes in tariff policies, while Shein experienced growth against the trend. Temu is collaborating with merchants to stabilize prices and address these challenges. The future development of Temu remains to be seen in the face of these market dynamics.
This week's Southeast Asia cross-border e-commerce overview focuses on logistics adjustments, payment innovations, last-mile delivery, platform policies, international trade, platform rules, marketing channels, tariff policies, market size, and warehousing logistics. It provides sellers with operational strategies and market insights to help them seize opportunities and address challenges in the dynamic Southeast Asian e-commerce landscape.
The World Customs Organization (WCO) supports the upgrade of the Albanian Customs Laboratory by introducing Gas Chromatography-Mass Spectrometry (GC/MS) technology. This enables precise analysis of solvents and chemicals, improving tariff collection efficiency. Through international cooperation and technological advancements, Albanian Customs is committed to combating smuggling and maintaining a fair trade order, building a robust national border defense.
Accurate HS code classification, especially HS code 110510, is not only a compliance requirement but also crucial for businesses to optimize their supply chains, reduce costs, and enhance competitiveness. With the assistance of professional teams, advanced tools, and expert consultants, companies can avoid risks, explore tariff optimization opportunities, and improve customs clearance efficiency, ultimately achieving sustainable growth.
This paper analyzes various sea freight container costs from a data analyst's perspective, including drop-off charges, pre-pickup charges, demurrage, and pre-gate-in charges. It provides cost optimization strategies to help readers understand the reasons for these charges, applicable scenarios, and avoidance methods. The aim is to effectively reduce sea freight costs by providing practical insights into managing and minimizing these expenses.
This paper explores the feasibility, risks, and costs associated with pre-arrival of uncleared goods. Operationally feasible, it relies on coordination with customs brokers and carries inspection risks. Cost-wise, pre-arrival and amendment fees may incur additional expenses. We recommend a comprehensive assessment of factors such as cargo nature, customs broker capabilities, and port regulations before making a decision. Careful consideration is advised.
Temu has launched a JIT pre-sale model, allowing sellers to pre-sell without stocking inventory. However, sellers must pay a deposit and face high penalties for late shipments. This aims to alleviate pressure on Temu's warehouses but raises the barrier to entry for sellers, demanding higher inventory and logistics management capabilities. Sellers need to carefully weigh the pros and cons before choosing this model.
Customs valuation checks are common risk points in international trade. Businesses need to prepare various documents in advance, including commercial invoices, purchase contracts, and marine insurance policies, to verify the authenticity of the declared value of goods and mitigate potential tariff expenditure risks. Through thorough preparation and efficient document management, companies can better navigate customs challenges and ensure compliant operations.
This article discusses important documents in foreign trade exports, including the General Certificate of Origin (C/O), FORM A, FORM E, FORM F, and FORM L. These certificates not only certify the origin of goods but also help companies benefit from various tariff reductions, lowering costs and enhancing competitiveness. Understanding how to use these documents is particularly important for foreign trade enterprises.
Bearings are vital mechanical components, making accurate classification of their HS codes essential. According to the Customs Import and Export Tariff of the People's Republic of China, rolling bearings and sliding bearings fall under different categories, subdivided into multiple codes. During the declaration process, it is crucial to avoid coding errors and brand infringement risks to ensure compliance and accuracy.
