For those who have just started importing, the shipping documents may be too many and too complicated. The certificate of origin is one such document that many people find problematic. This is because most newbies are told about it by the suppliers or freight forwarders but they cannot comprehend its significance. This guide has been
It can be not easy to send money internationally. The task is made even more complicated for individuals trying to send payments from Russia to China, especially for buyers who, most of the time, face delays, rejected transactions, and unclear instructions when transferring their money. Because banks operate under very tight regulations and some of
If you are wondering how to buy from Pinduoduo as an overseas buyer, it helps to first understand what the platform is and how it works. Among the leading e-commerce platforms in China is Pinduoduo, known for its low prices and group buying function. It is often referred to as TEMU. Some commodities cost lower
When you buy goods from China, it is important to know both the appropriate market and the merchandise as well as the industrial belts where specific categories are produced. Various commodities are found in specific cities; therefore, when a commodity is matched with its appropriate locality, it will lead to reduced cost per unit, enhanced
Among the different options that importers may use to move their products from China, the FOB shipping from China is still the best. It strikes a balance between being able to control costs, having some level of flexibility, as well as a clear point person in the contract. By following certain guidelines, for example, buyers
One of the key determinants of pricing, logistics, and customs duties in international purchasing is the appropriate Incoterm. EXW shipping is a term that seems to be problematic for new importers. The reason is that on the surface, one may be attracted by the low factory quote under EXW shipping. However, in practice, almost all
