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Why does import and export agency emerge? Come and learn about the reasons behind it!

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Recently, I've been quite interested in import and export trade and found that there are many import and export agency companies in the market. I'm really puzzled. Why does import and export agency exist? Is it because enterprises encounter difficulties in doing import and export themselves and thus need to seek agency help? I hope some professionals can help answer this question so that I can have a deeper understanding of this industry.

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Professional consultant answers

Joseph Zhou
Joseph ZhouYears of service:10Customer Rating:5.0

Senior foreign trade managerConsult

The emergence of import and export agencies is mainly due to the following reasons. First, trade policies and regulations are complex. The import and export policies, tariff regulations, and trade barriers of various countries are constantly changing. It is costly for enterprises to study and master them on their own. Import and export agency companies can ensure compliant operations with their professional knowledge. Second, handling import and export procedures is cumbersome. There are numerous links from customs declaration, inspection application to transportation and settlement. It is time-consuming and laborious for enterprises to handle them by themselves. Agency companies are familiar with the processes and can improve efficiency. Third, in terms of capital turnover, import and export trade requires a large amount of capital occupation and has a long return cycle. Sometimes, agency companies can provide financial support. In addition, some enterprises have a small initial business volume, and it is too costly to establish a special import and export team. With the help of agencies, they can carry out business flexibly.

In conclusion, the emergence of import and export agencies is to help enterprises solve problems in import and export trade and improve trade efficiency.

James Liu
James LiuYears of service:10Customer Rating:5.0

Foreign trade tax refund consultantConsult

Many enterprises lack the human network resources related to import and export. They are not proficient in dealing with departments such as ports and customs. Import and export agencies, with their long-term presence in the industry, have extensive connections and can handle relevant affairs better. Therefore, import and export agencies emerge to help solve these problems.

Jennifer Wang
Jennifer WangYears of service:4Customer Rating:5.0

Market development consultantConsult

Some enterprises have limited understanding of the international market and do not know the target market demand, competitor situation, etc. Import and export agencies, with their experience and channels, can provide market information for enterprises and help them expand into the international market. This is also one of the reasons for the existence of import and export agencies.

Sarah Zhang
Sarah ZhangYears of service:8Customer Rating:5.0

Document expertConsult

Arranging logistics and transportation is also a troublesome matter. When importing and exporting goods, factors such as the choice of transportation mode and freight insurance need to be considered. Import and export agencies have advantages in logistics and can plan suitable logistics solutions for enterprises to ensure the smooth transportation of goods. Therefore, enterprises will choose agencies.

David Li
David LiYears of service:6Customer Rating:5.0

Senior customs declaration consultantConsult

Language and cultural differences can also cause communication barriers in import and export trade. Import and export agency companies have professional personnel who can overcome these differences and communicate business matters accurately. This has contributed to the emergence of import and export agencies.

Robert Chen
Robert ChenYears of service:6Customer Rating:5.0

Customer service consultantConsult

Some enterprises do not have their own import and export qualifications but want to quickly carry out import and export business. Through import and export agencies, they can use the agency's qualifications to achieve this. This is also an important reason for the emergence of import and export agencies.

Emily Liu
Emily LiuYears of service:10Customer Rating:5.0

Settlement and payment expertConsult

In terms of risk management, import and export face exchange rate fluctuations, credit risks, etc. Agency companies have certain experience and measures to deal with these risks and can help enterprises reduce risks. This is also a factor for enterprises to seek agencies.

Michelle Chen
Michelle ChenYears of service:3Customer Rating:5.0

Business coordination consultantConsult

Document processing is crucial. Import and export involve numerous documents such as bills of lading and packing lists, and their preparation and review are complex. Agency companies can handle them professionally and avoid affecting trade due to document problems. This has given rise to import and export agencies.

Andrew Huang
Andrew HuangYears of service:7Customer Rating:5.0

Supply chain optimization expertConsult

Some enterprises lack knowledge and experience in international settlement and are afraid of problems in receiving payments. Import and export agencies are familiar with international settlement methods and can ensure the safe transfer of funds. Therefore, they are necessary in the market.

The relevant questions or replies only represent the user’s personal stance and do not represent any views of this website.

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