The business scope of foreign trade companies is generally divided into goods trade, technology trade and service trade. As a self-employed or small company, it is generally not suitable to engage in technical trade, and some commodities in the import and export trade of goods, such as grain, are monopolized by some designated companies, and individuals are not allowed to operate. For furniture, home appliances and other businesses that occupy a lot of money and have complex after-sales service, it is not suitable for individuals.
Extended data
Terms commonly used by foreign trade companies
Freight paid to. ..................................................................................................................................................................................
CPT is a trade term, which is the abbreviation of freight paid to (… designated destination), that is, "freight paid to (… designated destination)". It means that the seller should deliver the goods to his designated carrier, pay the freight for transporting the goods to the destination, and go through the export customs clearance procedures. That is, the buyer bears all risks and other expenses after delivery.
CIP (freight and insurance paid to) freight and insurance paid to (. ..... Designated port of destination)
CIP means that the seller delivers the goods to its designated carrier, but the seller must also pay the freight for transporting the goods to the destination, that is, after the seller delivers the goods, the buyer bears all risks and extra expenses. However, according to CIP terminology, the seller must also insure the buyer's goods against loss or damage in transit.
Delivery on the dock (designated port of import) is also called DEQ (Delivery on the dock).
DEQ means that the seller delivers the goods to the buyer at the designated destination port, and completes the delivery without going through the import customs clearance procedures. The seller shall bear all risks and expenses of transporting the goods to the designated destination port and unloading them to the dock.
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