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What are the ways of export trade?

Export trade methods include case-by-case sales, underwriting, agency, consignment, auction, bidding, futures trading, counter trade, etc. Economic globalization has promoted the rapid development of export trade. More and more domestic enterprises have begun to expand overseas markets, importing and selling the goods produced by their own enterprises abroad. Export trade is conducive to the international development of enterprises.

1. What are the methods of export trade? (1) Trade methods refer to various methods used in international trade. With the development of international trade, trade methods are becoming increasingly diversified. In addition to the one-by-one sales method, there are also underwriting, agency, consignment, auction, bidding, futures trading, counter trade, etc. 1. Underwriting is one of the commonly used methods in international trade. In China's export business, according to the characteristics of certain commodities and the need to expand exports, in the appropriate market, the appropriate customers can also be selected, and the underwriting method can also be used. Underwriting refers to the trade practice in which the exporter (principal) gives the operating rights of a certain commodity or a certain type of commodity in a certain region and within a certain period of time to a foreign customer or company through an agreement. Although underwriting is also a fixed sale, underwriting is different from the usual unilateral export one by one. In addition to a sales contract signed by both parties, an underwriting agreement must also be signed in advance. With underwriting, the rights and obligations of the buyer and seller are determined by the underwriting agreement. The sales contract signed by the two parties must also comply with the provisions of the underwriting agreement. 2. Agency means that the agent concludes a contract or performs other legal acts on behalf of the principal with a third party based on the principal's authorization. The rights and obligations arising therefrom are directly effective on the individual. In international trade, commercial agency refers to a trading method in which the owner or manufacturer (client) delivers designated goods to foreign customers for sale on a consignment basis within a specified region and period. 3. Consignment is a transaction method in which the exporter entrusts a foreign agent to conduct spot sales to users. As the consignor, the exporter ships the goods to be sold abroad first and entrusts local sellers to sell them in the local market in accordance with the conditions stipulated in the consignment agreement. After the goods are sold, the agent will deliver the money to the consignor after deducting commissions and other expenses. Using the consignment method, the exporter should select a consignment agent in the consignment area, sign a consignment agreement, and then transport the goods to the consignment location for spot sales by the consignment agent. Consignment is a method of spot buying and selling that is shipped first and sold later. Generally, international trade is concluded on a transaction-by-transaction basis. Often the buyer has some knowledge of the exporter's products, and the transaction is completed in batches and forward delivery. Selling on consignment allows the products to meet users directly in the market. You can buy as much as you need, and you can buy it in stock now, so you can seize the sales opportunity. Therefore, it is an effective way to open up new markets, especially the consumer goods market. The exporter bears certain risks and expenses. 4. Tendering refers to the act of the tenderer issuing a tender announcement or tender order at the time and place, proposing the variety, quantity and relevant buying and selling conditions of the goods to be purchased, and inviting sellers to bid. Bidding refers to the act of a bidder submitting an offer to the tenderer within a specified time at the invitation of the tenderer and in accordance with the conditions stipulated in the bidding announcement or tender order. In fact, tendering and tendering are two aspects of a trading method. Most government procurement of materials adopts competitive public bidding methods. 5. Auction is a spot transaction in which a specialized auction house accepts the entrustment of the owner of the goods, at a certain place and time, in accordance with the prescribed regulations and rules, and uses a public bidding method. Finally, the auctioneer gives the goods to the buyer with the highest bid. Way. Most of the goods traded through auctions are of a quality that is easy to standardize, difficult to store for a long time, or goods that are customarily auctioned. Such as tea, tobacco, rabbit fur, fur, wood, etc. For certain commodities, such as mink skins and Australian wool, most transactions are conducted through international auctions. Auctions are generally conducted by specialized organizations engaged in the auction business in a certain auction center market and within a certain period of time in accordance with local unique laws and regulations. The auction process is different from general export transactions. The transaction process generally goes through four stages: preparation, inspection, bidding, payment and delivery. 6. Futures trading is a trading method in which many buyers and sellers bargain in accordance with certain rules in a commodity exchange by shouting and using gestures, and reach transactions through fierce competition. Futures trading is different from spot trading in commodities. As we all know, in the case of spot trading, buyers and sellers can reach physical transactions in any way, at any place and at any time. The seller must deliver the actual goods and the buyer must pay for them. Futures trading refers to futures trading in a specific futures market, that is, in a commodity exchange, at a certain time in accordance with the "standard futures contract" pre-established by the exchange. The buyer and seller do not transfer ownership of the goods after the transaction is completed. 7. Countertrade is also translated as "reverse trade", "mutual trade" and "reciprocal trade" in my country. Some people also refer to it as "barter" or "barter" in general. Countertrade can generally be understood as a general term for various trade methods that include barter, bookkeeping trade, mutual purchases, product repurchases, resale trade, etc., which fall within the scope of the purchase and sale of goods and feature the combination of imports and exports and exports to offset imports.

2. The significance of export trade (1) Export trade business refers to the business in which foreign trade enterprises organize industrial and agricultural products to be sold in the international market and obtain foreign exchange. It is an important business for foreign trade enterprises.

Foreign exchange receipts from commodity exports are the main source of China's foreign exchange earnings. It creates conditions for the import of advanced production equipment needed for China's economic development and commodities used to improve people's living standards. (2) A country’s import trade and export trade are complementary to each other. Without export trade, there would be no import trade. Export trade is greater than import trade, and foreign exchange balances show a surplus, which constitutes the source of foreign exchange reserves, which marks a country's payment ability and economic strength. (3) Foreign trade enterprises should actively expand export trade business and strengthen the accounting and management of export trade business, which is important for closer international division of labor and cooperation, expanding employment opportunities, collecting foreign exchange safely and timely, reducing export costs, improving people's living standards, and accelerating national development. Economic construction and development are of great significance. The above is the entire content of "What are the methods of export trade" compiled. In general, export trade is divided into underwriting, agency, consignment, auction, bidding, futures trading, counter trade, etc. We must combine export trade and import trade to jointly promote enterprises and even the entire society and country. rapid economic development.