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    1. Talwarcorp is offline

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      #31
      Very good information, Thanks

    2. kamaxirav is offline

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      #32
      Mind blowing guide i was looking for the same.

    3. sneakerwholesale is offline

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      #33
      Good info on importing

    4. nelen-nelen is offline

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      #34
      Really helpful..thank you

    5. Eva Fate is offline

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      Rated this thread:

      #35
      a lot of useful information on this site! thank you!!!

    6. experience is offline

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      #36

      Incoterms

      I have had another read of this excellent original post, and this has prompted me to add one small comment.

      The original post contained this warning: "WARNING: Although incoterms are supposed to be internationally understood, there are some differences in definition by country, so be sure you know what your incoterm means in each individual situation."

      In the 22 years that I was importing I found that one term in particular was frequently used incorrectly in China. Many, many quotes were provided that stated FOB, without any suggestion that it did not mean delivered on board the vessel at the port of shipment.

      Instead, in the minds of many suppliers in China, the term meant Ex Works (EXW). Importers who know the correct meaning of the incoterm, but do not think to spell it out to suppliers can receive a very nasty shock.

      Not only will there be extra costs involved to get the goods loaded onto a ship or aircraft (Yes, they also incorrectly quote FOB for air shipment,) but also the goods are at the buyer's risk from the moment they leave the supplier's premises.

      Anyone thinking of importing should make sure the quotes include correct shipment terms.
      To learn safe overseas sourcing and how to buy small (or large) quantities at best prices see→ http://provenchinasourcing.comLearn to find genuine manufacturers and negotiate small orders at prices way below what wholesalers charge. Written after my health enforced retirement and provides insider information from veteran with experience exporting 1978-1987 importing since 1987 Learn to import the easy way

    7. Thank you for this post:

      Honey & Bell Co., Ltd. (15 Nov 2018)

    8. Daveo is offline

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      #37
      Very good information, Thanks

    9. Kayln is offline

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      #38
      Hi,

      Thanks for this post. I am a new supplier so I am very thankful. Surely, it will be helpful to me in my future

      Thanks a lot!!

    10. ykallon is offline

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      #39
      It is certainly helpful.

    11. ansam is offline

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      #40
      Thanks for explanation.

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