General

Many people are interested in the question of what foreign trade inquiry means. Here, Xiao Zhijun will give you a detailed answer.

Foreign trade inquiry refers to an expression sent by one party to the transaction to the other party to explore the purchase and sale of certain goods and related transaction conditions. This expression can be expressed orally or in writing, and is usually sent by the buyer. The seller has no obligation to answer.

In the negotiation and transaction, although the foreign trade inquiry itself is not legally binding, it is a way to contact customers and an important means for us to investigate and explore the market dynamics.

Foreign trade inquiries can be divided into general inquiries and specific inquiries.

The foreign trade negotiation process generally includes inquiry, offer, counter-offer and confirmation.

Inquiry: generally, the buyer sends the inquiry to the seller, which is to inquire about the price of a certain product;

Offer: generally, the seller sends to the buyer, which is to list the details and prices of a certain product;

Counter-offer: refers to the counter-offer between the buyer and the seller on the quotation of the other party;

Confirmation: After the price and other main terms are confirmed, both parties sign the contract and implement it according to the contract.

I will explain to you what foreign trade inquiry means first. You must have the answer to this question in your mind now. I hope it can help you.