
When the customs declaration form becomes a wrong answer book, how can foreign trade enterprises gracefully correct mistakes?
FOB is an international trade term meaning the seller is responsible for delivering goods to the designated port and bearing all risks and costs before loading. Risks transfer to the buyer after loading. Suitable for bulk commodities and loose cargo, it simplifies seller operations but increases buyer management complexity. Selection should consider cargo nature, risk tolerance, etc., often compared with CIF, EXW and other terms.This article provides a detailed analysis, accounting for 21.1% of the total population. This massive demographic has given rise to a trillion-dollar "silver economy" market. As professionals in the foreign trade industry, we must not only recognize the enormous potential of this market but also master the relevant products.Classification of CustomsThe RulesHealth management equipment: Precise measurement is key
Nutritional supplements: Ingredients determine tariff classification
Dear friends in the foreign trade circle, I am Peter, a veteran with 20 years of experience. Today, I want to talk to you about a professional yet practical topic—voluntary disclosure to customs. Just like when students discover homework mistakes and proactively ask the teacher to correct them to avoid standing punishment, when foreign trade enterprises find customs declaration errors, they should proactively...
Home care equipment: Function determines fateMedical DevicesMobility aids: Safety and convenience go hand in handCustoms clearance tips for the silver economyandAs Chinas aging population continues to deepen,.
- The population aged 60 and above has reached 297 million, accounting for 21.1% of the total population. This huge group has spawned a trillion-dollar silver economy market. As foreign trade practitioners, we must not only see the huge potential of this market but also master the relevant commodities
- , to navigate this blue ocean market with ease.Today, from the perspective of a 20-year foreign trade veteran, lets sort out the key points of customs clearance for silver economy commodities. Remember, correct commodity classification can not only improve customs clearance efficiency but also help companies reasonably control costs.
Key factors in choosing a foreign trade import and export service provider
The health monitoring needs of the elderly have spawned a large number ofimport and export businesses. These commodities are highly technical, and special attention should be paid to theirworking principle
- technical parametersBlood pressure monitor (9018.9020)
- : When classifying, pay attention to whether it has recording functions and the difference between electronic and mechanical types. We once encountered a case where a company mistakenly classified a smart blood pressure monitor as ordinary electronic equipment, resulting in hundreds of thousands of yuan in back taxes.Oxygen concentrator (8421.3910)
In the globalized business environment, choosing the right foreign trade import and export service provider is crucial for a companys success. Here are several key factors that can help you make an informed decision.
: Distinguishing between medical and household use is crucial. Medical oxygen concentrators require medical device registration certificates, while household health types do not. Last year, a batch of German oxygen concentrators we represented completed customs clearance in just 2 days because we prepared the classification basis in advance.The elderly nutrition market continues to heat up, but many companies often misclassify due to lack of understanding ofThe determination often gives enterprises headaches.
- Smart fall alarm (8517.1490): We handled a product with GPS positioning. Customs initially wanted to classify it as navigation equipment. Only by providing product manuals and technical parameters proving its main function was communication did we determine the correct HS code.
- Nursing bed (9402.9000): Whether electric or medical makes a big difference. Last year, a batch of nursing beds imported from Japan passed classification at once because we prepared functional video demonstrations in advance.
Qualifications and experience
When considering elderly mobility products, one must account forsafety, while also paying attention topower typeclassification differences.
- Walking aid (9021.1000): The number of wheels and whether it has a seat affect classification. We once encountered a four-wheel walking aid being mistaken for a handcart, nearly resulting in 10% additional tariffs.
- Elderly scooter (8713.9000): The boundary between electric wheelchairs and scooters is very blurry. We recommend enterprises provide detailed technical parameters during import/export, including key data like maximum speed and motor power.
First, verifying the service providers qualifications and industry experience is essential. A good...
Based on our 20 years of foreign trade experience, pay attention to these points when handling silver economy goods clearance:
- Prepare complete product manuals (Chinese and English) in advance
- For complex products, consider pre-classification
- Retain original factory test reports and composition analysis
- New products can apply for customs classification consulting services
- Pay attention to tariff preferences under FTAs like RCEP
The silver economy is burgeoning - this market is full of both opportunities and pitfalls. As foreign trade professionals, we must seize business opportunities while strengthening our fundamentals, especially product classification. Remember,correct classification is the first step to smooth clearance, and a key link for enterprises to control costs.
If you encounter classification difficulties with silver economy goods import/export, feel free to discuss anytime. 20 years of foreign trade experience tells us: nothing is trivial in customs clearance - details determine success or failure!