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With the development of the times, people have a certain understanding of foreign trade agency, but most people do not know its characteristics and business classification. Foreign trade agency is not a panacea, let’s interpret what function does a foreign trade agency have?
Read MoreIn today’s society with rapid economic development, the foreign trade industry is a very popular industry, and its competitiveness is very strong; However, when choosing foreign trade companies to act as agents for export, it also has an impact on the development of foreign trade enterprises. Today, I will talk about the relevant contents of acting as agents for export, hoping to help you.
Read MoreThe difference between import and export agent and customs broker is that import and export agent is a service covering the whole process of international trade, but the service scope of customs broker is only “customs clearance service”. “In the framework of the international trade business process, it is only a part of it.
Read MoreImport agents are generally operated by agents. During the import process, the import agent acts as a middleman other than the consignor and the consignee, and charges commissions during the operation, but generally does not bear credit, exchange and market risks, and does not own Ownership of Imported Goods.
Read MoreExport enterprises should pay special attention to the declaration procedures and the concept of time when handling export tax rebates to avoid losses. When processing export tax rebates, export enterprises should pay attention to the following four time limits:
Read MoreStep 1: search customers online, find buyer information, and then send an email.
The purpose of email is to introduce your products or company, hoping to attract the attention of buyers. This kind of email is called “development letter”.
(if I can’t write the development letter, I can design several templates of the development letter according to your company’s products, and copy them every time I send the development letter.)
The most stupid way is to keep searching. Whether it works or not, send emails to the buyers you find, and generally cast a net. If there is a reply from customers, seize it and promote the order.
The most labor-saving way is to spend money to open Alibaba international or other B2B websites. After uploading the product information to Alibaba international, buyers with purchase intention will contact your company by email.
As we all know, foreign goods that want to enter China also need import customs clearance. How long does it take for import customs clearance?
Next, let me introduce how long it takes for import customs clearance.
Import shipping takes time.
This demand depends on the detailed delivery port and the shipping company used. As the distance and route of each shipping company are different, the time required for shipping will also be different, ranging from 7 days to 60 days. Details are subject to the shipping time consulted when booking space abroad.
Import agency refers to an import agency company that specializes in providing services for natural or legal persons who need to import and export goods. Generally, it includes the following categories: inspection agency, warehousing agency, customs declaration or customs clearance agency, international shipping agency, foreign exchange receipt and payment agency, international insurance agency, prepaid export tax rebate, etc.
The consignee and the foreign party review the price and agreement terms, production cycle, delivery method and other information.
The consignee signs an agency contract with the import and export agency company.
Check the HS number and supervision (product inspection, electromechanical certificate, heavy industry certificate, 3C and other necessary import certificates).
After the agency receives the RMB payment from the consignee, the foreign currency payment is made.
The foreign party prepares the goods and arranges delivery according to the contract terms (please note that in the case of wooden packaging, we will require the foreign party to provide a fumigation certificate. There is an IPPC logo clearly printed on the wooden box).
The agent will receive a set of foreign import and shipping documents, including the arrival notice (stamped with the official seal of the consignee), invoice, packing list, packing list, bill of lading B/L (stamped with the official seal of the consignee), packaging proof etc.
The import agency prepares a set of import declaration forms and assists in arranging the issuance of import declaration forms at the entrance of the port.
Customs clearance usually takes 3-4 business days. If the inspection is to be carried out, it needs to be postponed according to the actual situation.
Tax payment, release and shipment normally take 2 business days.
Keep in mind that the most important thing to be aware of when importing agents is the ownership of the goods. After negotiating with the import agent, the consignor must sign a contract with the Shanghai import agent to agree on the ownership of the goods to avoid disputes. Import agents should also protect their own rights and interests in a timely manner.
UK food exports to the EU fell by £2.4bn in the first 15 months after Brexit, due to post-Brexit red tape and the Covid-19 pandemic, according to an analysis of HMRC (HM Revenue and Customs) data. Reduced demand for hotels.
Strict customs rules and long port delays have prevented many UK food producers from shipping fresh produce to the EU, according to the Guardian. Post-Brexit bureaucracy and rising costs mean exporting fresh food and making a profit is difficult.
After 1 January 2021 (the end of the Brexit transition period), UK food exports fell by 19% in the 15 months to 31 March 2022 to £10.4 billion before Brexit.
Of these, fruit and vegetable exports were hit the hardest, falling 44% from £1.5bn in the 15 months before Brexit to £847m in the 15 months after Brexit. Meat and fish exports fell 16% to £3.5bn to £2.9bn over the same period, while dairy exports fell 13% to £1.6bn to £1.4bn.
These figures are in line with data from Eurostat. The latest figures show that total EU imports from the UK fell by 13.6%, from €169 billion in 2020 to €146 billion in 2021.
The United Kingdom chose a “hard Brexit” and withdrew from the single market. All goods entering the EU must submit a customs declaration and proof of compliance with quality standards.
However, HMRC data also shows that total exports in the first three months of the year are gradually recovering. This suggests that exporters are adapting their operations to the new trade barriers.
UK exports to Ireland rose by 67% in the first three months of the year, while exports to France and the Netherlands were up 28.5% and 40% respectively. This increase may be related to the energy crisis and war in Ukraine. Fossil fuel exports to the UK and UK rose 50% in March compared to the previous month.
The increase in fossil fuel exports was driven by the Netherlands and Ireland, which rose by £327m (50%) and £23m (62%) respectively, according to HMRC’s monthly review.
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