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Detailed Introduction to Foreign Trade Process

Detailed explanation of super detailed foreign trade process
Foreign trade is a popular term.
Foreign trade is a thriving world of development.
This diagram provides a detailed description of the process of foreign trade, giving beginners a preliminary understanding of the overall operation process of foreign trade. For foreign trade experts, it is also a process of reviewing the old and learning the new.
The export process includes 5 steps: inquiry, offer, counteroffer, acceptance - signing a contract
When signing the contract, it is necessary to establish payment methods: late tt, early tt, L/C, D/P, or D/A
Arrange production or manufacturer order immediately after signing the contract
After arranging the goods, find a freight forwarding company or shipping company to book the shipment. The State Administration of Foreign Exchange will collect the export receipt verification form, package and issue various invoices
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