Join 150K Subscribers

Weekly insights & expert articles on supply chain, shipping, and international trade.
Last week another, 812 people joined our community

Your Global Trade Knowledgebase

Guides, How-to’s, Downloads and Resources to help you
succeed in Global Trade.

Latest Posts

  • Determine the Selling Price of Imported Products with the Landed Cost Calculator: Pricing Strategies and Formulas

    Last updated on June 12, 2024 by Ben Thompson

    To grow your import business, understand landed costs, profit margins, and operating costs. Create a solid plan for selling products in your market. Calculate landed costs, set profitable selling prices, and consider operating expenses like storage and working capital. Plan sales and marketing strategies, considering market risks and costs. Invest in efficient software to streamline…

  • Request for Quotations (RFQ) in the Import-Export Process

    Last updated on June 11, 2024 by Ben Thompson
    Request for Quotation RFQ cover

    A Request for Quotation (RFQ) is crucial in the import-export process, helping streamline sourcing, quoting, and ordering. This guide explains what an RFQ is, its advantages, and the detailed steps involved in the RFQ process. Learn how to prepare an effective RFQ document, ensure transparent and competitive supplier selection, and understand the differences between RFQs…

  • Types of International Payment for Import and Export Shipments

    Last updated on June 8, 2024 by Ben Thompson
    Importers and Exporters agreeing on payment terms for trade.

    Importers and exporters involved in global trade connect to negotiate and agree on the terms for goods to be sold. Buyers and sellers will agree to all product details, pricing, Incoterms®, method of shipment, delivery details and the agreed payment terms and payment methods. These details will be represented in Purchase Orders, Proforma Invoices and…

  • Proforma Invoice Explained: Everything You Need to Know

    Last updated on June 5, 2024 by Ben Thompson
    What is a proforma invoice

    A proforma invoice is a preliminary bill given to buyers before delivery, acting as a quote. It details the transaction, including costs and delivery timeline, to set clear expectations. Not legally binding, it aids in negotiations and planning, especially for international deals. It helps anticipate taxes but can't be used for official tax claims.

  • The HS Code and HTS code for Global Trade Explained

    Last updated on June 3, 2024 by Ben Thompson

    A HS code or HTS code plays such a vital role in International trade. However, the system of codes and jargon involved around the these codes can make it difficult to classify and understand. In this article we explain the common terms that are used throughout the customs clearance process so that shippers can meet…

  • What Does FOB Mean In Shipping: Free on Board Terms and Meaning Explained

    Last updated on May 31, 2024 by Ben Thompson
    FOB Incoterms explained

    Shipping Incoterms® can be confusing, but understanding them is crucial for smooth international trade. One key term is "FOB" (Free on Board), which defines when the buyer takes ownership and risk for goods. Knowing FOB helps ensure clear roles and responsibilities, making the shipping process more efficient.

  • Tadalis: Pharmacological Insights

    Last updated on May 30, 2024 by Muba

    Characteristic Details Active Ingredient Tadalafil Dosage Forms 2.5mg, 5mg, 10mg, 20mg Usage Oral administration Onset of Action 30 minutes Duration of Effect Up to 36 hours More Information Pharmacokinetics Tadalis, with its active ingredient Tadalafil, exhibits unique pharmacokinetic properties. After oral administration, absorption is rapid. Maximum plasma concentrations occur between 30 minutes to 6 hours,…

  • Pregabalin Usage Guidelines

    Last updated on May 30, 2024 by Muba

    Characteristic Details Active Ingredient Pregabalin Available Dosages 25 mg, 50 mg, 75 mg, 100 mg, 150 mg, 200 mg, 225 mg, 300 mg Administration Oral Indications Neuropathic pain, Epilepsy, Generalized Anxiety Disorder Side Effects Dizziness, Sleepiness, Dry Mouth Learn More About Pregabalin How and When to Take Pregabalin The proper intake of Pregabalin 150 mg…

  • DAP, DPU and DDP Incoterms®: Difference & Tips for these Incoterms®

    Last updated on May 29, 2024 by Ben Thompson
    DAP DPU and DDP Incoterms compared

    Learn about DAP, DPU, and DDP Incoterms®! DAP involves seller delivery to a named place, with the buyer handling unloading and import duties. DPU includes seller unloading. DDP covers all costs, including import duties, by the seller. Choose the best term based on control, cost, and expertise.

  • Incoterms® 2020 Explained – The Complete Guide

    Last updated on May 28, 2024 by Ben Thompson
    Incoterms 2020 chart for import export

    The International Chamber of Commerce have published new Incoterms® 2020 that have come into effect from the 1st of January 2020. The ICC originally published Incoterms® in 1936 and have continually made updates to reflect the changes to the Global Trade environment. It’s important that all parties involved in trade clearly understand the changes and…

  • Determine the Selling Price of Imported Products with the Landed Cost Calculator: Pricing Strategies and Formulas

    Last updated on June 12, 2024 by Ben Thompson

    To grow your import business, understand landed costs, profit margins, and operating costs. Create a solid plan for selling products in your market. Calculate landed costs, set profitable selling prices, and consider operating expenses like storage and working capital. Plan sales and marketing strategies, considering market risks and costs. Invest in efficient software to streamline processes. A comprehensive plan, backed by research and professional advice, is key to success. Read More »

  • Request for Quotations (RFQ) in the Import-Export Process

    Last updated on June 11, 2024 by Ben Thompson
    Request for Quotation RFQ cover

    A Request for Quotation (RFQ) is crucial in the import-export process, helping streamline sourcing, quoting, and ordering. This guide explains what an RFQ is, its advantages, and the detailed steps involved in the RFQ process. Learn how to prepare an effective RFQ document, ensure transparent and competitive supplier selection, and understand the differences between RFQs and RFPs. Read More »

  • Types of International Payment for Import and Export Shipments

    Last updated on June 8, 2024 by Ben Thompson
    Importers and Exporters agreeing on payment terms for trade.

    Importers and exporters involved in global trade connect to negotiate and agree on the terms for goods to be sold. Buyers and sellers will agree to all product details, pricing, Incoterms®, method of shipment, delivery details and the agreed payment terms and payment methods. These details will be represented in Purchase Orders, Proforma Invoices and Sales Contracts that are countersigned by both parties. Read More »

  • Proforma Invoice Explained: Everything You Need to Know

    Last updated on June 5, 2024 by Ben Thompson
    What is a proforma invoice

    A proforma invoice is a preliminary bill given to buyers before delivery, acting as a quote. It details the transaction, including costs and delivery timeline, to set clear expectations. Not legally binding, it aids in negotiations and planning, especially for international deals. It helps anticipate taxes but can't be used for official tax claims. Read More »

  • The HS Code and HTS code for Global Trade Explained

    Last updated on June 3, 2024 by Ben Thompson

    A HS code or HTS code plays such a vital role in International trade. However, the system of codes and jargon involved around the these codes can make it difficult to classify and understand. In this article we explain the common terms that are used throughout the customs clearance process so that shippers can meet regulations and have a better understanding of global trade. Read More »

  • What Does FOB Mean In Shipping: Free on Board Terms and Meaning Explained

    Last updated on May 31, 2024 by Ben Thompson
    FOB Incoterms explained

    Shipping Incoterms® can be confusing, but understanding them is crucial for smooth international trade. One key term is "FOB" (Free on Board), which defines when the buyer takes ownership and risk for goods. Knowing FOB helps ensure clear roles and responsibilities, making the shipping process more efficient. Read More »

  • Tadalis: Pharmacological Insights

    Last updated on May 30, 2024 by Muba

    Characteristic Details Active Ingredient Tadalafil Dosage Forms 2.5mg, 5mg, 10mg, 20mg Usage Oral administration Onset of Action 30 minutes Duration of Effect Up to 36 hours More Information Pharmacokinetics Tadalis, with its active ingredient Tadalafil, exhibits unique pharmacokinetic properties. After oral administration, absorption is rapid. Maximum plasma concentrations occur between 30 minutes to 6 hours, […] Read More »

  • Pregabalin Usage Guidelines

    Last updated on May 30, 2024 by Muba

    Characteristic Details Active Ingredient Pregabalin Available Dosages 25 mg, 50 mg, 75 mg, 100 mg, 150 mg, 200 mg, 225 mg, 300 mg Administration Oral Indications Neuropathic pain, Epilepsy, Generalized Anxiety Disorder Side Effects Dizziness, Sleepiness, Dry Mouth Learn More About Pregabalin How and When to Take Pregabalin The proper intake of Pregabalin 150 mg […] Read More »

  • DAP, DPU and DDP Incoterms®: Difference & Tips for these Incoterms®

    Last updated on May 29, 2024 by Ben Thompson
    DAP DPU and DDP Incoterms compared

    Learn about DAP, DPU, and DDP Incoterms®! DAP involves seller delivery to a named place, with the buyer handling unloading and import duties. DPU includes seller unloading. DDP covers all costs, including import duties, by the seller. Choose the best term based on control, cost, and expertise. Read More »

  • Incoterms® 2020 Explained – The Complete Guide

    Last updated on May 28, 2024 by Ben Thompson
    Incoterms 2020 chart for import export

    The International Chamber of Commerce have published new Incoterms® 2020 that have come into effect from the 1st of January 2020. The ICC originally published Incoterms® in 1936 and have continually made updates to reflect the changes to the Global Trade environment. It’s important that all parties involved in trade clearly understand the changes and how they apply to global supply chains. Read More »

Download Global Trade Guide

Enter your email to get your FREE guide and weekly trade insights. Unsubscribe anytime.

Download Incoterms® 2020 Guide

Enter your email to get your FREE guide and weekly trade insights. Unsubscribe anytime.

Download Global Trade Guide

Enter your email to get your FREE guide and weekly trade insights. Unsubscribe anytime.

Weekly Insights. ZERO spam
Global Trade Guide

By downloading this content you agree to receive our weekly Global Trade Email Newsletter to help grow your business.

Get Smarter About Global Trade
Join 150K+ subscribers to receive our free weekly 5 minute newsletter on what's happening in the world of Global Trade.
Glossary of Shipping Terms

By downloading this content you agree to receive our weekly Global Trade Email Newsletter to help grow your business.

Home

By downloading this content you agree to receive our weekly Global Trade Email Newsletter to help grow your business.

Export Manager's Guide to Remote Working

By downloading this content you agree to receive our weekly Global Trade Email Newsletter to help grow your business.

Download a Proforma Invoice Template PDF

By downloading this content you agree to receive our weekly Global Trade Email Newsletter to help grow your business.

 

Unit Load Device ULD Air Container Specifications

By downloading this content you agree to receive our weekly Global Trade Email Newsletter to help grow your business.