How To Properly Fill In The Transaction Method In The Export Customs Declaration?

How To Properly Fill In The Transaction Method In The Export Customs Declaration?

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.

USD to CNY Rate Trends for 5000 Exchange

USD to CNY Rate Trends for 5000 Exchange

This article provides a detailed analysis of the current exchange rate for converting 5000 USD to RMB, highlighting the dynamics of the foreign exchange market between the RMB and USD. It also outlines important considerations for foreign exchange trading, offering valuable exchange rate information and investment advice to readers.

Shipping Surcharges Significantly Reduced, Easing Burden on Export Enterprises

Shipping Surcharges Significantly Reduced, Easing Burden on Export Enterprises

With the government's cleanup of fees related to import and export processes, shipping companies have begun to reduce additional charges, lightening the economic burden on export enterprises. Investigations revealed that several shipping companies were imposing unreasonable fees, prompting the government to enforce standardized pricing. These measures are expected to alleviate over 200 million yuan in annual costs for China's export enterprises, with the Port of Qingdao alone seeing a reduction of 16 million yuan each year. Such actions will improve market order and support sustained growth in foreign trade.

07/21/2025 Logistics
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Gabon Unveils Lucina Terminal As Key Oil Export Hub

Gabon Unveils Lucina Terminal As Key Oil Export Hub

Lucina Terminal, a significant oil export port in Gabon, is located near Mayumba in Nyanga Province. It is known for its unrestricted draft and efficient oil loading capabilities. Operating 24 hours a day, this port is a crucial hub for Gabon's oil economy, and understanding it provides insight into the country's overall economic situation. Other important Gabonese ports, such as Cape Lopez and Port-Gentil, also support the nation's foreign trade. The port plays a vital role in the West African shipping landscape due to its strategic location and oil handling capacity.

Freight Forwarders Guide to Cutoff and Sailing Times

Freight Forwarders Guide to Cutoff and Sailing Times

This article provides an in-depth analysis of the freight forwarding term "Several Cut-offs and Openings," detailing the meanings and operational key points of various "cut-offs," including Customs Clearance Cut-off, AMS/ACI/ENS Cut-off, Documentation Cut-off, Cargo Cut-off, and ISF Filing. It aims to help foreign trade practitioners understand critical time nodes, avoid potential risks, and ensure smooth cargo transportation. The article clarifies the significance of each cut-off time in the international shipping process, enabling better planning and execution of shipments.

US Trade Deficit Widens Amid Tariff Disputes Weak Investment

US Trade Deficit Widens Amid Tariff Disputes Weak Investment

Bloomberg predicts the US trade deficit will hit a record high in May, with the total deficit for the first five months far exceeding levels during the pandemic. A surge in exports from several Asian countries to the US is potentially linked to the temporary expiration of US 'reciprocal tariffs.' Uncertainty surrounding tariff policies has led to a decline in foreign investment inflows into the US. Economists warn this could hinder economic growth. The US needs to carefully consider its tariff policies and strengthen international cooperation to mitigate potential negative consequences.

Exporters Face Rising Costs From Demurrage and Detention Fees

Exporters Face Rising Costs From Demurrage and Detention Fees

This article focuses on common issues in export consolidation, such as container free time, demurrage, inspection and re-allocation, providing practical answers and operational advice to help foreign traders avoid risks and ensure smooth shipment of goods. It covers the distinction between container free time and demurrage, strategies for handling inspection and re-allocation, and precautions for cargo entry and consolidation. The aim is to provide a concise guide to navigate the complexities of export consolidation.

Guide to HS Codes for Crossborder Ecommerce

Guide to HS Codes for Crossborder Ecommerce

This article provides an in-depth analysis of the HS Code in international logistics, covering its definition, structure, function, and search methods. It emphasizes the crucial role of HS Codes in customs tariff calculation, trade statistics, and regulatory compliance. This serves as a practical guide for cross-border e-commerce sellers, helping them operate compliantly in the global market, reduce operating costs, and enhance competitiveness. Understanding HS codes is critical for successful global trade operations.