How should the trade volume of agency imports be accurately defined?
Solved#Import agent#
Our company intends to find an agent to conduct import trade, but we are not quite clear about how the trade volume of agency imports is defined. Is it only calculated based on the value of the goods themselves, or should various taxes, transportation fees, etc. be included as well? Additionally, when calculating the trade volume, are there any special circumstances that need to be considered additionally? We hope that professional people can help answer this question so that we can have a clear understanding of the definition of the trade volume of agency imports.
Professional consultant answers
Sarah ZhangYears of service：8Customer Rating：5.0
Document expertConsult
The trade volume of agency imports usually refers to the total value of the imported goods and is generally calculated based on the CIF (Cost, Insurance and Freight) price. This means that it not only includes the value of the goods themselves but also covers the freight and insurance premiums required to transport the goods to the designated port of destination. In addition, taxes such as customs duties and value-added taxes generated in the import process are generally not included in the trade volume of agency imports. They belong to the additional part of the import costs.
Regarding special circumstances, if the goods are damaged, lost, etc. during transportation, the definition of the trade volume may need to be adjusted according to relevant agreements or laws. Also, if trade discounts, rebates, etc. are involved, the actual trade volume should be based on the final settlement amount. In conclusion, defining the trade volume of agency imports requires considering multiple factors comprehensively, and the key is to follow the stipulations of the trade contract and international common practices.
Elizabeth LiYears of service：3Customer Rating：5.0
Compliance and risk managerConsult
The trade volume of agency imports mainly depends on the contract stipulations. If the contract clearly specifies a certain price clause as the standard, it should be followed accordingly. For example, if it is the FOB price, the trade volume is basically the value of the goods, and the freight and insurance premiums need to be calculated separately.
Joseph ZhouYears of service：10Customer Rating：5.0
Senior foreign trade managerConsult
William YangYears of service：5Customer Rating：5.0
International logistics consultantConsult
Amanda YangYears of service：3Customer Rating：5.0
Cost control consultantConsult
Robert ChenYears of service：6Customer Rating：5.0
Customer service consultantConsult
Jennifer WangYears of service：4Customer Rating：5.0
Market development consultantConsult
James LiuYears of service：10Customer Rating：5.0
Foreign trade tax refund consultantConsult
David LiYears of service：6Customer Rating：5.0
Senior customs declaration consultantConsult