The basic flow of export trade

Import and export refers to the trade between countries (regions), which is a combination of import and export. Buying and selling goods through concluding contracts, including a series of specific businesses such as labor services and technology. Import and export trade is produced and developed under certain historical conditions. There are two basic conditions for the formation of import and export trade. First, the development of social productive forces leads to the emergence of exchangeable surplus products; The second is the formation of the country. The development of social productive forces produces surplus commodities for exchange, which are exchanged between countries and produce international import and export trade. Business process of import and export trade: (1) Quotation: The two trading parties communicate to understand their respective needs and determine the specific requirements of products, delivery methods, product prices and other details.

(2) Signing: After the two parties to the transaction reach an intention, they sign a purchase contract and the transaction officially begins. The purchase contract needs to determine the output.

(3) Payment method: In international trade, there are three commonly used payment methods: letter of credit payment, TT payment and direct payment.

(4) Stocking: The exporter prepares the goods as required.

(5) Packing: The exporter shall pack according to the contract.

(6) Customs clearance procedures: The exporter shall go through customs clearance procedures for the goods according to the laws and regulations of the host country.

(7) Shipping: Shipping as required and insuring the goods.

(8) Bill of lading.

(9) Settlement of foreign exchange.