DDP stands for Delivered Duty Paid… (named place of destination), which means delivery at the designated destination after the seller has completed the import customs clearance procedures and handed over the goods that have not been unloaded on the delivery vehicle to the buyer to complete the delivery. The seller must bear all risks and…
(1) Price composition of export commodities The price composition of export commodities mainly includes export costs, fees and expected profits. a. Export costs Export costs are the core of the entire price. They are the production costs, processing costs or procurement costs incurred by export enterprises or foreign trade units for the production, processing or…
In international trade, there are two types of pricing methods: fixed price and non-fixed price. (1) Fixed price Fixed price means that the price is determined when the contract is signed, and no matter what happens afterwards, the payment for goods shall be settled at the determined price. This fixed pricing method is conducive to…
The appropriate selection of trade terms that are beneficial to one’s party not only focuses on the responsibilities and obligations of the buyer and seller under the terms, the composition of the costs, etc., but also comprehensively considers various other factors involved in the transaction, such as the commercial reputation of the buyer and seller,…
(1) Definition of the port of shipment and the port of destination. The port of shipment, also known as the port of loading, refers to the port where the goods are initially shipped. The port of destination, also known as the port of discharge, refers to the port where the goods are finally discharged. As…
The price clauses in import and export contracts generally include two basic contents: unit price and total amount. The unit price of imported and exported goods usually consists of four items: unit of measurement, unit price amount, pricing currency, and trade terms. For example: USD 1100.00 per M/T CIF New York, “USD” is the pricing…
Land Bridge Transport refers to a continuous transport mode that uses a transcontinental railway or road transport system as an intermediate bridge to connect the ocean transport at both ends of the continent. Land Bridge Transport generally uses containers as the medium and adopts a sea/land/sea transport route. Currently, the world’s main land bridges include…
When goods need to pass through two or more national railways, a transport ticket is used. After the consignor ships the goods, the carrier is responsible for the entire transportation task of the goods. This mode of transportation is called international railway freight transport. With this mode of transportation, when the goods are transferred from…
The pricing principle of my country’s import and export commodities is to formulate appropriate prices based on international market prices, in accordance with the policies of different countries and regions, and in combination with the intention of purchase and sale, on the principle of equality and mutual benefit. (1) Based on international market prices In…
There are two main types of chartering: time chartering and voyage chartering. In recent years, some other forms have also developed. ①Time Charter Also known as time chartering, it refers to the way of leasing a ship for a certain period of time, that is, the shipowner (ship lessor) leases the ship to the charterer…