What does import and export trade mean?

Import and export trade refers to the exchange of goods and services between countries.

The detailed explanation is as follows:

The concept of import and export trade

Import and export trade, abbreviated as "trade", is one of the important forms of economic exchange between countries around the world. Simply put, it refers to the buying and selling of goods and services between countries. This type of transaction typically involves buyers and sellers from different countries to earn profits or meet their respective needs. Through this approach, countries can exchange resources, technology, and information with each other, promoting economic development.

The Importance of Import and Export Trade

In the context of globalization today, import and export trade has become one of the important driving forces for economic growth in various countries. It can not only promote the optimal allocation of resources, but also drive technological innovation and exchange. Through trade, countries can fully utilize their advantageous resources such as labor, raw materials, technology, etc. to develop their own economies. Meanwhile, trade also helps consumers obtain more diverse and high-quality products and services.

The basic process of import and export trade

Import and export trade involves multiple links. Firstly, importers and exporters need to understand the trade policies, regulations, and tariffs of different countries. Secondly, they need to find suitable suppliers or buyers and sign contracts. Next, the goods need to be transported, which may involve various methods such as sea, air, or land transportation. After the goods arrive at the destination country, customs clearance procedures are still required. Finally, complete the delivery and payment of the goods. The entire process requires strict adherence to the rules and conventions of international trade to ensure the smooth progress of transactions.

Overall, import and export trade is an important component of the global economic system, promoting economic exchanges and technological cooperation between countries, and driving the development and prosperity of the global economy.

-What procedures are required to import snacks from abroad

The following procedures need to be completed:

1. Business License

A business license is a certificate issued by the administrative department for industry and commerce to allow industrial and commercial enterprises and individual operators to engage in a certain production and operation activity. The format is uniformly regulated by the State Administration for Industry and Commerce.

2. Food Circulation License

The food circulation license is a document that clarifies the issuance, conditions, procedures, and connection with the food hygiene license for the issuance of food circulation licenses.

3. If an enterprise name is used for import declaration, a customs import and export declaration registration certificate, a foreign trade filing registration form, and a self inspection filing registration form are required.

4. Activate the function of paying taxes at the port.

5. The entry and exit inspection and quarantine bureau in the region where the company is located shall register the receiving enterprise.

6. Record production enterprises and importers online.

7. Provided overseas: packing list, contract, invoice, certificate of origin, hygiene certificate, outer packaging (with Chinese label filing).

Import tariffs are tariffs levied by a country's customs on imported goods and items. Countries no longer use transit tariffs, and export taxes are rarely used. The commonly referred to tariffs mainly refer to import tariffs.

Levying import tariffs will increase the cost of imported goods, raise the market price of imported goods, and affect the quantity of foreign goods imported. Therefore, countries use the imposition of import tariffs as a means of restricting the import of foreign goods. Appropriate use of import tariffs can protect domestic industrial and agricultural production, as well as serve as an economic lever to regulate domestic production and economic development.

Extended Information

Starting from January 1, 2019, export tariffs will no longer be imposed on 94 commodities including fertilizers, apatite, iron ore, slag, coal tar, and wood pulp.

In order to support the construction of the "the Belt and Road" and the free trade area, accelerate economic and trade cooperation between China and relevant countries, and create external conditions conducive to long-term, healthy and stable economic development, China will implement the agreed tax rate on some goods originating in 23 countries or regions in 2019, including the free trade agreements between China and New Zealand, Peru, Costa Rica, Switzerland, Iceland, Australia, South Korea, Georgia and the Asia Pacific Trade Agreement.

According to the goods trade agreements signed between mainland China and Hong Kong/Macau, zero tariffs will be fully implemented on imported goods originating from Hong Kong/Macau. With the reduction of the most favored nation tax rate, the preferential tax rates for Bangladesh and Laos under the Asia Pacific Trade Agreement will be adjusted accordingly.

Starting from July 1, 2019, China will implement the fourth step of reducing the most favored nation tax rates for 298 information technology products, and make corresponding adjustments to the provisional tax rates for some information technology products.

The above adjustments are conducive to fully utilizing the important function of tariffs in coordinating the use of domestic and international markets and resources, promoting balanced development of related industries in China, facilitating open cooperation, sharing development achievements, and promoting stable growth of China's foreign trade.

-How long does it usually take for customs clearance of imported foreign food and snacks

Generally, customs clearance takes about two days

Importers must have import and export registration with customs and quarantine. Without import and export rights, they cannot import. If they do not have import and export rights but want to import, they can borrow our company or a company with import and export rights to import

It is best to contact and provide the specific product name, so that it is easier to determine the nature of the goods and the required information, making imports more concise

Materials required for importing from abroad:

1. Packing list: packing list

2. Trade Contract: contact

3 Invoice

4. Certificate of Origin: Certificate of origin

5. Health and quarantine certificate: Sanitary certificate (phytosanitary certificate)

6. Composition analysis table issued by a third-party inspection agency: Supplement Facts

7. Main label, back label and Chinese explanation: Label sample for both original language and Chinese

Introduction to the import process:

1. Prepare the source of goods overseas and prepare the necessary documentation

2. Send the information to our company to handle the "Consignee Enterprise Filing" and "Label Filing" procedures

3. Arrange overseas shipments to designated domestic ports and provide packing lists Invoice、 Original documents such as contracts

4. When the goods arrive at the port, our company arranges for pick-up, declares inspection to the commercial inspection, and declares customs clearance to the customs

5. Customs review, issue tax invoices, pay taxes, arrange inspections by customs, and arrange inspections by commercial inspection

6. Arrange the goods to the designated warehouse, label them in Chinese, and arrange for the inspection personnel to conduct sampling and testing

7. Qualified inspection and issuance of hygiene report

8. Release and pick up the goods

Common problems with imported food

Why do we need a hygiene certificate?

A： According to relevant laws and regulations, only those who have obtained a health certificate can be listed for sale.

Q： What is the customs clearance process for imported food? What information is required?

A： The simple process is: sender and receiver filing - pre inspection of inspection labels - inspection declaration - customs clearance - inspection - release - issuance of hygiene certificate. In addition to regular documents, it is necessary to provide the certificate of origin, official foreign health certificate, registration of the importer and exporter of imported food, copy of the business license, label sample and translation, nutritional analysis certificate and translation, and six other explanations.

Q： How can I import food?

A： The operating unit must have a food business scope on the company's business license. If it involves a license, it must operate with the license. The consignee and consignor of imported food must have completed the filing process. Frozen animal food must be stored in warehouses registered by inspection and quarantine agencies.

Q： What should we do if we are not familiar with food labels?

A： Our company has experience in importing hundreds of small packaged foods at once, so we are very familiar with the national requirements for labeling and can provide initial review services for food labels. In addition, our company can also provide label production and labeling services.

-How to import and declare leisure food?

How to import and declare leisure food, Guangzhou leisure food import customs clearance company, and what is the process of leisure food import customs clearance agency?

Eating snacks can generate a sense of pleasure and comfort, alleviate inner loneliness, relieve tension, and relax the body and mind. In addition to three meals, snacks are essential during movie theater time, binge watching time, and cooking time. With the improvement of national living standards, imported leisure food has entered our sight.

The initial customs clearance process for imported leisure food in Guangzhou is generally as follows:

Overseas shipment - shipper registration - import inspection after arrival at the port - customs clearance form for import declaration - customs clearance for payment - commercial inspection and labeling - sampling - pickup (not yet available for sale) - label registration after passing the sampling - domestic health certificate (available for sale)

Some issues related to the import of leisure food in Guangzhou

1. Whether the product ingredients comply with Chinese standards

2. Does the product have Chinese national standards (GB standards)

3. Are product additives and nutritional fortifiers compliant

4. Whether the product is approved

Notes on Import Customs Declaration for Food Goods:

1. Pre check and review document materials, conduct label review

(If it does not comply with the specifications, it will result in multiple round trips to rectify the label)

2. Report the goods to the port for inspection and quarantine (if the packaging label does not match the sample, it will result in the re inspection of the approved label)

3. Sampling inspection of goods and verification of packaging labels (failure to meet inspection standards resulting in goods being returned to port)

4. Storage within the jurisdiction of the goods (the goods must be stored in the warehouse under the jurisdiction of the inspection and quarantine before obtaining the health certificate, and cannot be sold or used)

5. Add Chinese labels and CIQ inspection labels (for small box and small bag packaged food, the labels need to be reviewed before import and printed on the packaging bags)

6. Inspection re inspection label (after attaching Chinese labels, follow the inspection standards for pick-up and drop off. If the label is not attached according to the label sample, it will result in re attachment)

7. Apply for a hygiene certificate (a production fee is required for the hygiene certificate)

8. Label filing (first-time import requires label filing, subsequent products do not need to be filed, reducing 1.5.6 tasks)