General

The export goods process mainly includes: quotation, ordering, payment method, stocking, packaging, customs clearance procedures, loading, transportation insurance, bill of lading, and foreign exchange settlement.

1、 Quotation

In international trade, it is generally the inquiry and quotation of products as the beginning of trade. Among them, the quotation for export products mainly includes: product quality level, product specifications and models, whether the product has special packaging requirements, the quantity of purchased products, delivery time requirements, product transportation methods, product materials, and other contents.

Commonly used quotations include FOB "delivery on board", CNF "cost and freight", CIF "cost, insurance and freight", and other forms.

2、 Ordering (signing a contract)

After both parties in the trade reach an agreement on the quotation, the buyer's enterprise officially places an order and negotiates with the seller's enterprise on some related matters. After both parties agree through negotiation, a "Purchase Contract" needs to be signed. In the process of signing the "Purchase Contract", negotiations are mainly conducted on the product name, specifications and models, quantity, price, packaging, origin, shipping time, payment terms, settlement method, claims, arbitration, and other contents, and the agreements reached after negotiations are written into the "Purchase Contract". This marks the official start of export business. Normally, a purchase contract is signed in duplicate and takes effect when both parties affix their company seals, with each party keeping one copy.

3、 Payment method

There are three commonly used international trade payment methods, namely letter of credit payment method, tt payment method, and direct payment method.

1. Letter of Credit Payment Method

Letters of credit are divided into two types: clean draft letters of credit and documentary letters of credit. Documentary letter of credit refers to a letter of credit with specified documents attached, and a letter of credit without any documents attached is called a clean bill of credit. Simply put, a letter of credit is a guarantee document that guarantees the exporter to recover the payment. Please note that the shipment deadline for export goods should be within the validity period of the letter of credit, and the presentation deadline of the letter of credit must be submitted no later than the validity date of the letter of credit.

In international trade, letter of credit is the most commonly used payment method, and the date of issuance of the letter of credit should be clear, clear, and complete. Several state-owned commercial banks in China, such as Bank of China, China Construction Bank, Agricultural Bank of China, Industrial and Commercial Bank of China, etc., are able to open letters of credit externally (the opening fee for these major banks is 1.5 ‰ of the opening amount).

2. TT Payment method

TT payment method is settled in foreign exchange cash, and your customer will transfer the payment to the designated foreign exchange bank account of your company. You can request a certain period of remittance after the goods arrive.

3. Direct payment method

It refers to direct delivery and payment by both parties.

4、 Stock up

Stocking plays a crucial role in the entire trade process and must be implemented one by one in accordance with the contract. The main verification contents of stock preparation are as follows:

1. The quality and specifications of the goods should be verified in accordance with the requirements of the contract.

2. Quantity of goods: Ensure that the quantity requirements of the contract or letter of credit are met.

3. Stock up time: According to the provisions of the letter of credit, combined with the shipping schedule arrangement, to facilitate the connection of the shipment.

5、 Packaging

You can choose the packaging form based on the different goods (such as cardboard boxes, wooden boxes, woven bags, etc.). Different packaging forms also have different packaging requirements.

1. General export packaging standards: Packaging shall be carried out according to the general standards for trade exports.

2. Special export packaging standards: Export goods are packaged according to the customer's special requirements.

3. The packaging and shipping marks (transportation marks) of the goods should be carefully checked and verified to ensure that they comply with the provisions of the letter of credit.

6、 Customs clearance procedures

The customs clearance procedures are extremely cumbersome and important, and if they cannot be successfully cleared, the transaction cannot be completed.

1. Export commodities subject to statutory inspection must obtain an export commodity inspection certificate.

At present, there are four main stages in China's international trade import and export commodity inspection work:

Acceptance of inspection application: Inspection application refers to the application for inspection by foreign trade related parties to the commodity inspection agency.

Sampling: After receiving the inspection application, the commodity inspection agency shall promptly dispatch personnel to the storage location of the goods for on-site inspection and appraisal.

Inspection: After accepting the inspection application, the commodity inspection agency carefully studies the inspection items applied for and determines the inspection content. And carefully review the regulations on quality, specifications, and packaging in the contract (letter of credit), clarify the basis of inspection, and determine the inspection standards and methods. (Inspection methods include sampling inspection, instrumental analysis inspection, physical inspection, sensory inspection, microbial inspection, etc.)

○ Issuance of certificates: In international trade exports, for export goods listed in the "Type List", after passing the inspection by the commodity inspection agency, a release form (or a release seal affixed to the "Export Goods Declaration Form" to replace the release form) shall be signed.