For Importers

Trade barriers are restrictions that governments place on international trade to protect domestic industries. They include tariffs, which are taxes on imports, and non-tariff measures like quotas and regulations. These barriers increase the cost of foreign goods, making them less competitive. While trade barriers help local businesses, they can lead to higher prices for consumers and reduce global trade. Read More »

Freight forwarders and customs brokers play distinct roles in international shipping. Freight forwarders manage logistics and transportation, while customs brokers focus on customs paperwork and compliance. Many freight forwarders also offer customs clearance services. Understanding these roles helps streamline shipping and avoid delays. Read More »

Chargeable weight plays a key role in how shipping costs are calculated. It’s the higher of two numbers: the actual weight or the space your shipment takes up (volumetric weight). This can lead to higher fees for large, lightweight items. Knowing how chargeable weight works helps you avoid surprises with shipping costs. Read More »

Countervailing duties (CVDs) are special taxes on imports aimed at offsetting unfair foreign subsidies. These subsidies can make products cheaper, harming local industries. Want to learn how CVDs help balance the market and protect domestic businesses? Dive in and discover how they work! Read More »

CIF (Cost, Insurance, and Freight) and FOB (Free on Board) are two key terms in international shipping. With CIF, the seller covers transport and insurance until the goods arrive at the destination port. With FOB, the buyer takes over costs and risks once the goods are loaded onto the ship. Knowing these terms helps you make better shipping choices. Read More »

Anti-dumping duties are tariffs imposed by governments to protect local industries from foreign companies selling products at unfairly low prices. These duties ensure fair competition by raising the price of these imports. This article explains anti-dumping duties, their importance, how they work, and their global impact. Read More »

The Canton Fair, also known as the China Import and Export Fair, is the largest trade event in China, held biannually in Guangzhou. It provides a platform for global trade, attracting over 200,000 visitors and 20,000 exhibitors. This event is key for networking, sourcing products, and understanding market trends. Read More »

Price dumping in international trade is a strategy where companies sell products in a foreign market at prices lower than in their home country, sometimes even below production costs. While it can help businesses gain market share quickly, it can also harm competition and lead to trade disputes. Understanding its impacts is crucial for navigating global markets. Read More »

CIF (Cost, Insurance, and Freight) simplifies international trade by clearly defining who covers shipping costs and basic insurance. Used mainly for sea transport, CIF reduces disputes by ensuring the seller handles shipping to the destination port, while the buyer assumes risk once goods are loaded. Read More »

International trade can be complex, with various expectations and challenges. The ICC created Incoterms to clarify buyer and seller responsibilities. DAP (Delivered at Place) is one such term. Under DAP, the seller delivers goods to a specified location, and the buyer handles unloading and import duties. This simplifies risk and cost management in shipping. Read More »