Can agency export really earn foreign exchange? Come and find out!
I have always had some understanding of the concept of earning foreign exchange in international trade and know that exports can earn foreign exchange for the country. Recently, considering engaging in foreign - related trade businesses, I learned about the method of agency export. I would like to ask everyone, can agency export really earn foreign exchange? If so, what is the principle of its earning foreign exchange? In the actual operation process, compared with self - operated export for earning foreign exchange, what are the advantages and disadvantages of agency export for earning foreign exchange? I hope experienced friends can tell me about it.
Professional consultant answers
William YangYears of service:5Customer Rating:5.0
International logistics consultantConsult
Agency export can earn foreign exchange. The principle of earning foreign exchange lies in that the agency export enterprise, entrusted by the principal, sells domestic products to foreign markets, and the foreign exchange paid by foreign customers flows into the country through a certain settlement process, achieving the earning of foreign exchange.
Compared with self - operated export for earning foreign exchange, the advantage of agency export for earning foreign exchange is that for some enterprises without import and export rights or lacking foreign trade experience, they can quickly open up the international market by leveraging the professional resources and channels of the agent, saving time and costs. The agent can also provide one - stop services such as customs declaration and logistics.
In terms of disadvantages, the principal may need to pay certain agency fees, increasing costs. And in terms of profit distribution, due to the participation of the agent, the principal's profit margin may be relatively compressed compared with self - operated export. However, overall, if one's own conditions limit self - operated export, agency export is still an effective way to earn foreign exchange.
Elizabeth LiYears of service:3Customer Rating:5.0
Compliance and risk managerConsult
Agency export can earn foreign exchange. Because essentially it is still selling products abroad to receive foreign exchange, just operating through an agency company. Agency export is suitable for enterprises without a foreign trade team and can quickly carry out export business to earn foreign exchange.
David LiYears of service:6Customer Rating:5.0
Senior customs declaration consultantConsult
Of course, it can earn foreign exchange. The agency company has a mature foreign trade process and can help enterprises connect with overseas customers. Once the products are sold, foreign exchange will come in, which has the same purpose as self - operated export for earning foreign exchange.
Michelle ChenYears of service:3Customer Rating:5.0
Business coordination consultantConsult
There is no problem with agency export for earning foreign exchange. It's just that the information communication in agency export may be relatively more complex than self - operated export, after all, there is an additional agent. But as long as the cooperation is good, it is not difficult to earn foreign exchange.
Amanda YangYears of service:3Customer Rating:5.0
Cost control consultantConsult
It can earn foreign exchange. Agency export is like finding a helper to sell products overseas. As long as the products have a market, foreign exchange can be received, achieving the goal of earning foreign exchange.
Jennifer WangYears of service:4Customer Rating:5.0
Market development consultantConsult
Agency export can definitely earn foreign exchange. When an enterprise chooses agency export for earning foreign exchange, it can utilize the channel resources of the agency company to quickly promote products to the international market.
Sarah ZhangYears of service:8Customer Rating:5.0
Document expertConsult
Agency export can earn foreign exchange. Compared with self - operated export, the agency company is more professional in handling procedures for agency export for earning foreign exchange, and can avoid detours.
Robert ChenYears of service:6Customer Rating:5.0
Customer service consultantConsult
Agency export can earn foreign exchange. It's just that the profit - sharing needs to be negotiated well with the agency company. Otherwise, if a lot of foreign exchange is earned but the actual profit in hand is small, it's not worth it.
Emily LiuYears of service:10Customer Rating:5.0
Settlement and payment expertConsult
It can earn foreign exchange. For some enterprises newly involved in foreign trade, agency export is a convenient way to achieve foreign - exchange earnings and can reduce risks.
Andrew HuangYears of service:7Customer Rating:5.0
Supply chain optimization expertConsult
Agency export can earn foreign exchange. Through agency export for earning foreign exchange, enterprises can also accumulate foreign trade experience and lay a foundation for self - operated export in the future.