Comprehensive Import/Export Guide 2025

Understanding Import and Export

Exporting involves sending goods out of a country’s territory to be sold to other countries. Importing involves buying goods from abroad into a country’s territory. Both activities play a vital role in the global economy, creating business opportunities and promoting development.

Export Procedures

Preparing Documents

Export documents include: Export license, sales contract, shipping documents, commercial documents (invoice, packing list), quality certificates (CO, CQ), etc. Preparing complete and accurate documents is crucial to ensure a smooth export process. Errors in documentation can lead to delays or even rejection of exports.

Customs Procedures

After preparing the documents, businesses need to complete customs procedures to export goods. This includes customs declarations, payment of taxes and fees, and goods inspection. Understanding customs regulations is essential to avoid risks and ensure compliance with the law.

International Shipping

Choosing the appropriate shipping method (sea, air, land) is a crucial factor affecting shipping costs and time. Businesses need to select a reputable and experienced shipping service provider.

Import Procedures

Preparing Documents

Import documents include: Import license (if required), sales contract, shipping documents, commercial documents (invoice, packing list), etc. Similar to exporting, preparing complete and accurate documents is very important.

Customs Procedures

After the goods arrive at the port, businesses need to complete customs procedures to import goods. This includes customs declarations, payment of taxes and fees, and goods inspection. Knowledge of customs regulations is essential to avoid legal risks and ensure quick clearance of goods.

International Payments

International payment methods need to be clearly agreed upon in the sales contract. Common payment methods include L/C (letter of credit), T/T (bank transfer), D/P (payment after receiving goods), etc.

Risks in Import/Export and How to Avoid Them

Import/export involves many risks such as political risks, foreign exchange risks, shipping risks, and legal risks. To mitigate risks, businesses need a well-defined business plan, choose reputable partners, thoroughly understand legal regulations, and purchase insurance.

Conclusion

Import/export is a complex activity that requires understanding and experience. This article only provides basic information. To succeed in this field, businesses need to improve their knowledge, constantly update information, and seek support from experts.