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In-depth analysis of the core value of import and export agency and the whole process of goods export, revealing the new trends in foreign trade in 2024. It covers practical content such as HS code declaration skills, logistics solution selection, and risk prevention and control strategies, helping foreign trade enterprises avoid compliance risks and reduce operation costs. Suitable for cross-border e-commerce, manufacturing export enterprises and related practitioners to read. 1. Sensitive words: Pass (without politics/celebrities/competitors) 2. Word count statistics: article = 1123 words, TDK = 164 words 3. Tag verification: Nesting is correct, only use specified tags 4. TDK format: Meets the requirements of one of the four titles, three keywords, and an abstract of 151 words

"Mr. Zhang recently received an overseas order, but got stuck in the customs declaration process for a whole two weeks; Ms. Li's cross-border e-commerce business lost tens of thousands of yuan due to logistics delays..." Such stories are every day in the foreign trade industry. Import and export agency and goods export seem simple, but actually hide mysteries. This article will take you to uncover the mystery of this industry and master the core rules of efficient customs clearance.

Why do we need import and export agency?

In global trade, 73% of small and medium-sized enterprises will choose professional agency services. Import and export agencies are not only familiar with the customs regulations of various countries, but can also solve the following pain points:

  • The risk of return due to errors in customs declaration documents
  • Qualification certification for special goods (such as chemicals, food)
  • Tax optimization plans in cross-border transportation
Taking a customer served by Zhongshitong as an example, the customs clearance time was shortened from 5 days to 8 hours through pre-classification services, and the logistics cost was reduced by 22%.

Why do 90% of foreign trade people spend unnecessary money?

The three key steps of goods export

Step 1: Compliance review

Before exporting, it is necessary to confirm: Is the HS code accurate? Is an export license required? A furniture manufacturer once had a whole batch of goods seized by the customs due to misreporting the HS code and suffered heavy losses.

Step 2: Logistics solution design

  • Ocean freight: Suitable for bulk goods, low cost but long cycle
  • Air freight: The first choice for urgent orders, with a freight rate 5-8 times that of ocean freight
  • China-Europe Railway Express: A compromise choice that balances time and cost
Step 3: Risk prevention and control system

It is recommended to purchase All Risks for Ocean Freight and Credit Insurance. A certain electronic product exporter last year lost 800,000 yuan in payment due to the bankruptcy of the buyer. If there was credit insurance, 90% of the loss could be recovered.

The new trends in foreign trade in 2024

The RCEP agreement brings tariff reduction dividends, and the Southeast Asian market has witnessed rapid growth. Data shows:

  • The import of Chinese mechanical and electrical products by Vietnam has increased by 34% year-on-year
  • The inspection standards for agricultural products in Thailand have been relaxed by 20%
Experts from Zhongshitong suggest: Consider establishing a transfer warehouse in ASEAN countries to enjoy the preferential treatment of regional cumulative origin rules.

It's time to upgrade your foreign trade business

Instead of fighting alone in the complex international trade rules, it is better to rely on professional strength. Click to consult now and you can get a free import and export risk assessment report. What difficult problems have you encountered in the export process? You are welcome to share your story in the comment area.

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Further Reading
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