International trade business process

There are usually ten processes in international trade: quotation, ordering, payment method, stocking, packaging, customs clearance, shipment, transportation insurance, bill of lading and settlement of foreign exchange.

The business process of international trade is as follows:

1) quotation: in international trade, the inquiry and quotation of products are generally the beginning of trade.

2) Ordering: After the two parties to the transaction reach an agreement on the quotation, the buyer's enterprise formally places an order and negotiates with the seller's enterprise on some related matters. After both parties agree, they need to sign a purchase contract.

3) Payment method: There are three commonly used payment methods in the world, namely, letter of credit payment, tt payment and direct payment.

4) Stocking: Stocking plays an important role in the whole trade process and must be carried out in accordance with the same article. The main contents of material preparation are as follows: verify the quality and specifications of the goods according to the contract requirements.

5) Packaging: choose the packaging form (such as cartons, wooden cases, woven bags, etc. ) according to the different commodities. Different packaging forms have different packaging requirements.

6) Customs clearance procedures: Customs clearance procedures are extremely complicated and important, and the transaction cannot be completed without smooth customs clearance.

7) Shipment: In the process of loading goods, the mode of shipment can be determined according to the quantity of goods, and insurance can be carried out according to the types of insurance stipulated in the purchase contract.

8) Transportation insurance: Usually, both parties have agreed on transportation insurance in advance when signing the house purchase contract. Common insurances include marine cargo transportation insurance, land transportation insurance and air postal cargo transportation insurance. Among them, the risks covered by marine cargo insurance clauses are divided into basic risks and additional risks.

9) Bill of Lading: A bill of lading is a document signed by the shipping company for the importer to pick up the goods and settle the foreign exchange after the exporter has gone through the formalities of export declaration and customs clearance.

10) settlement of foreign exchange: after the export goods are loaded, the import and export company shall correctly prepare documents (such as packing list, invoice, bill of lading, export certificate of origin and export settlement) according to the provisions of the letter of credit.

Investment information:

Definition of international trade: refers to the exchange of goods and services between countries (or regions) in the world. It is the main form of interconnection between countries (or regions) on the basis of international division of labor, which reflects the economic interdependence of countries (or regions) in the world and consists of the sum of foreign trade of countries. International trade is also called world trade.